Here’s the question three tech-sector earnings reports raise about the future of AI
Celestica, Cadence Design Systems and Rambus all posted estimatebeating results for the third quarter. Source:MarketWatch
Why reported Khamenei call for end to ‘neither war nor peace’ moved markets — a bit
Iran’s supreme leader was quoted as saying it’s time for a deal. There’s a long way to go. Source:MarketWatch
Live updates: Bitcoin holds below $80,000 as AI buildout draws investor attention and capital
Interest rates and oil are slipping and equities are rising, but crypto remains under pressure. Source:CoinDesk
Japan's top yen stablecoin falls short of its target in a disappointing first year
CEO Noritaka Okabe blamed a 1 million yen pertransaction cap for Type II funds transfer providers, which has slowed corporate adoption. Source:CoinDesk
AI debt trouble could help Fed’s Warsh get his way with fewer rate hikes
AI financing has been harder and more expensive to come by as the capitalspending boom comes under more scrutiny. Source:MarketWatch
Big Tech’s earnings are on deck. There’s more for investors to watch than AI spending.
As Microsoft, Alphabet and Amazon prepare to report quarterly results, workforce cuts are raising questions about how AI will reshape jobs at the toptier tech…
A leading Silicon Valley cheerleader just showed all the reasons to be worried about the AI bubble
If you needed any further reasons to be worried about the bubble that has inflated the stock market, look no further. Source:MarketWatch
AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS
Historically, the surges in investment and in the profitability it produced have proven unsustainable for U.S. tech companies, says Michel Lerner.…
Crypto wallet maker Keystone to destroy almost 19,000 devices after security breach
The breach exposed 25,964 buyer records, some kept past Keystone’s 180day deletion policy after an automated tool failed without the firm noticing.…
SoFi’s stock climbs as lending surge drives an earnings beat and rosy outlook
SoFi’s early 2027 forecast is impressing Wall Street. Source:MarketWatch
Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.…
My abusive ex-husband promised $20,000 for our kids’ education. Now he refuses to pay. Is he legally obligated?
“Before our divorce, my former motherinlaw entrusted him with $20,000 for each of our daughters to invest on their behalf.” Source:MarketWatch