Analysis: A rebound is imminent only when there is no further room for a drop. Yesterday saw a realized loss of $860 million, surpassing previous records.

April 1: U.S. February month-over-month (M/M) retail sales rose 0.6%, beating the 0.5% consensus estimate. The prior month’s reading was revised up from -0.2% to -0.1%. This marks the strongest monthly retail sales print since July 2025. (Source: FXStreet)

April 1: ADP Report - February’s U.S. job gains revised up to 66,000 from 63,000. (Kinjun)

April 1st — U.S. ADP Employment Report (often referred to as the "mini non-farm payrolls"): March job gains beat market expectations. The report showed 62,000 jobs added last month, topping the 40,000 forecast and roughly matching February’s 63,000 additions. Automatic Data Processing (ADP) noted stable hiring and wage growth in March. Small businesses remained the top driver of employment growth for the second consecutive month, while hiring in trade, transportation and utilities continued to decline. ADP Chief Economist Nela Richardson said overall hiring remains steady, but job growth is increasingly concentrated in specific sectors like healthcare. She added the March job market showed resilience, and wage growth for job switchers also picked up. (Source: FXStreet)

April 1: US March ADP Employment Change came in at 62K, topping the expected 40K and the prior reading of 63K. (FXStreet)

Per monitoring from 1M AI News, BrainWave AI’s earnings report grabbed Wall Street’s attention. While annual revenue surged over 100% year-over-year (YoY), the real shocker came from post-earnings real-time data: as of March 31, 2026, the company’s open platform API’s Annual Recurring Revenue (ARR) hit ~1.7 billion RMB (~$250 million) — up more than 240% from ~500 million RMB at the end of 2025, and a staggering ~60x (nearly 6000%) growth compared to 12 months prior. Both Morgan Stanley and J.P. Morgan flagged this as the report’s biggest surprise. Critically, the growth wasn’t just “quantity over quality.” J.P. Morgan noted in a research note that BrainWave’s API Token pricing has risen 83% year-to-date (YTD), while demand continues to accelerate. This rare volume-price sync — amid an ongoing domestic large-model price war — directly validates the firm’s strong pricing power in high-value use cases like programming and intelligent agents.

April 1st — Official data shows Hyperliquid has emerged as a key player in meeting trading demand when traditional financial markets are closed. In its perpetual contract market, six of the top 10 positions by 24-hour trading volume are tied to gold, silver, Brent crude, WTI crude, the Nasdaq 100 Index and the S&P 500 Index. Non-cryptocurrency trading volume on HIP-3 has surged to 45% of total platform volume, while open interest for non-crypto assets stands at $1.9 billion — 28% of the platform’s overall open interest.