Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
UN agency moves Stellar blockchain payment initiative beyond pilot stage
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its…
Need a ‘Trump account’ for your child? The Social Security Administration has set up automatic enrollment.
Parents will be able to sign a child up for the investment account at birth. Source：MarketWatch
TeraWulf shares rise after $19B Anthropic AI lease, JV sale
The Bitcoin miner signed a 20year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.…
Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year.
After its dramatic plunge, silver may be experiencing a huge disconnect between its traded value and its importance as a critical material. Source：MarketWatch
Micron’s stock gains, signaling a ‘return to optimism’ about the chip sector
Investors are looking forward to Samsung’s earnings and SK Hynix’s ADR listing, experts say. Source：MarketWatch
TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the cryptomining company’s pivot to supporting the AI buildout, its CEO said. Source：MarketWatch
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.…
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20year deal to host the AI firm at a Kentucky campus, the latest cryptoadjacent company to trade mining for the…
How parents can take advantage of the ‘best summer-camp tax break in years’
For many kids, summer means camp. For many of their parents, that means financial juggling to pay for those camp experiences. Source：MarketWatch
Trump rings Wall Street opening bells and says the stock market ‘is going to go through the roof’
Trump used the occasion to promote the launch of “Trump accounts,” which are special investment accounts for children under age 18. Source：MarketWatch
FCA warns of major shakeup as AI agents meet tokenized money
The FCA’s vision for agentic AI points toward a financial system where programmable money and tokenized assets could play a much larger role.…