Alphabet’s massive profit growth is just an illusion, as SpaceX and Anthropic help mask a historic cash drain
Earnings quadrupled on paper, but an analyst calls that an “illusory” performance propped up by unrealized gains from equity investments. Source:MarketWatch
I am a 63-year-old semiretired physician. If you have saved $2 million for retirement, should Social Security be optional?
“At that point, they arguably no longer need the government’s retirement safety net.” Source:MarketWatch
Goldman Sachs CEO backs Clarity Act despite banking industry's concerns over stablecoin rules
The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose…
IBM lowered its guidance. Now it’s time to deliver, analysts say.
Despite lowering guidance for revenue, IBM maintained its expectation for free cash flow to increase by about $1 billion in 2026. Source:MarketWatch
BitMEX token crashes 90% as exchange announces shutdown
BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share…
Japan’s $1.8 trillion pension giant might bring money home. That could jolt U.S. stocks and the Fed.
Japan’s pension titan selling foreign assets could push U.S. yields up and sap demand for the dollar. Source:MarketWatch
Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund
The sovereign wealthbacked asset manager tapped KAIO to bring one of its private market funds onchain across Base, Solana and Sui networks. Source:CoinDesk
AI stocks are echoing a 1990s market split. JPMorgan warns the next few weeks are critical.
The different price action between artificialintelligence hyperscalers and chip and infrastructure stocks is a throwback to a setup in the late 1990s, argues…
Lockheed Martin’s stock leaps as push to build more missiles faster pays off
Lockheed Martin’s stock jumps as a ramp up in missile production helped lead to an earnings beat and raise. Source:MarketWatch
Polymarket to challenge France’s nationwide website block
France’s regulator has said the platform still promoted illegal gambling and cited loss, identitycheck and marketmanipulation risks. Source:CoinDesk
HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal
HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals.…
Oil nears $100 a barrel after Houthis claim strikes on Saudi Arabian tankers
Brent crude rose to over $98 a barrel following the news that the rebel group attacked the vessels in the Red Sea. Source:MarketWatch