Why Microsoft’s stock is soaring toward a historic gain after earnings
The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cashburn mode as it spends up on AI. Source:MarketWatch
Pioneering AI hedge fund with returns of 1000% since inception discovers the downside of leverage
AI wunderkind Leopold Aschenbrenner has reportedly asked investors for an injection of fresh capital, and offered them to opportunity to buy some of its assets…
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source:MarketWatch
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
Lower gas prices after temporary Iran truce tugs inflation lower Source:MarketWatch
Congrats, Gen Z, you’re turning 30. Here are the most important money moves to make next.
Your parents may have shared advice that was fine when they were 30, but “the world has changed significantly” since then. Source:MarketWatch
This global equity fund boasts a 150% five-year return for investors, despite holding few U.S. stocks
The CIO of Ranmore Funds isn’t too keen on U.S. valuations at present, but the beatendown software sector is luring him back in. Source:MarketWatch
Wall Street just suffered a historic crash in highflying stocks. Why a quick tech rebound could be a trap.
A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG’s Jonathan Krinsky.…
Nearly half of small-cap and midcap stocks are losing money
Wall Street is evolving into a winnertakeall contest. Source:MarketWatch
Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT
The FT said Situational Awareness had approached investors and lenders after borrowing amplified losses during July’s AI stock selloff. Source:Cointelegraph
‘Don’t get suckered like I did’: I paid $185 to the wrong passport website. Can I get my money back?
“I will file a complaint with the Better Business Bureau.” Source:MarketWatch
Why you shouldn’t worry about the stock market’s break below its 50-day moving average
Movingaverage timing systems stopped working several decades ago. Source:MarketWatch
Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the…