ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens
Oracle’s stock missed out on the broader software rally, as the company is tied to OpenAI’s success through its cloudinfrastructure business. Source:MarketWatch
Tech stocks just had one of their worst weeks in a year. Here’s how AI momentum went off the rails.
It one of the worst weeks for tech stocks of the year, and Wall Street spent much of it confronting a question it had been too euphoric to ask: what exactly…
SpaceX’s new bonds are flashing a warning sign, as investors pump the brakes on AI frenzy
Elon Musk’s company made a splash earlier this week with a $25 billion bond deal, less than two weeks after it raised tens of billions of dollars in cash.…
Iran’s ship attack tests the shipping-insurance market just as war-risk premiums had plunged
Warrisk premiums narrowed considerably in recent days but could increase again. Source:MarketWatch
Fed’s Kashkari projects one interest-rate hike this year. Here’s what changed his mind.
Doubts over the U.S.Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president says. Source:MarketWatch
Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.…
The World Cup has made Cape Verde goalkeeper Vozinha a $17 million star
As Cape Verde faces off against Saudi Arabia tonight, here’s a look at what could be next for the breakout World Cup star. Source:MarketWatch
U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.…
Spain regulator rules out extension for non-MiCA compliant crypto companies
Carlos San Basilio said that “there will be no exceptions or extensions” to the MiCA deadline requiring crypto exchanges offering services to EUbased users to…
Healthcare stocks have become a haven for investors ditching tech
Shares of AbbVie, Eli Lilly and Johnson & Johnson were on track to hit alltime highs Friday, in the latest signal that investor appetite for the…
Anti-trafficking group says Clarity Act's Section 604 could weaken accountability
An antihuman trafficking advocate said a Clarity Act provision could weaken accountability despite existing criminal laws. Source:CoinDesk
Annuities are coming to more 401(k) plans. Should workers embrace them?
The Trump administration wants more annuities in your 401(k). Here is why it might be a mixed bag. Source:MarketWatch