The U.S. stock market is fracturing into two camps, and it’s leaving investors with a brutal case of whiplash
The artificialintelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10year Treasury note just clinched its…
Young Americans are giving up their cars. It’s a path to financial freedom, for some.
With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room…
Two big reasons Micron and other chip stocks are falling on Thursday
Investors are spooked by Tesla’s cut to its nearterm spending target and Lam Research’s weakerthanexpected forecast, Source:MarketWatch
SpaceX’s massive AI targets will test the limits of reality
As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient…
Bybit will look for big broker partnerships to take on Robinhood in the U.S.
When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou. Source:CoinDesk
Malaysia central bank launches DLT platform for tokenized bonds
The platform tracks tokenized securities ownership and transfers, linking to Malaysia’s RENTAS+ system to settle corresponding payments in central bank money.…
Bitcoin hovers around $83,000 as AI earnings revive tech, ZEC jumps 11%
Strong results from SpaceX and Super Micro sent Asian chip stocks surging, and ZEC led crypto higher after developers set a date for its next network upgrade.…
Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.” Source:MarketWatch
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.…
One of this year’s most important relationships in global financial markets is falling apart
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it…
Why a former Intel skeptic is giving up his negative call on the stock after four years
Intel’s manufacturing and chip design have improved, according to a J.P. Morgan analyst. Source:MarketWatch
Micron and other chip stocks spring back to life after bruising selloff
It’s a key week for tech stocks as Nvidia gears up for a European conference and Meta prepares to report earnings. Source:MarketWatch