Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it’s unclear if the recent slowdown in inflation will…
BlackRock's crypto assets fall 39% despite $15 billion of net inflows
BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply…
The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's…
Strategy feels 'very secure' until bitcoin reaches $8,000-$10,000, says CEO
Le highlighted increasing the U.S.dollar reserve as an important lever in preferred stock STRC’s recovery back to around $90 having fallen below $75 last…
SpaceX ushered in a ‘new era’ for investing in space. Why the stock is now cratering.
After surging in May, the space sector has tumbled as investors are feeling an “investment coma” in the wake of the recordbreaking SpaceX IPO.…
This Wall Street ‘theme-o-meter’ has a clear message: The artificial-intelligence bull market is back
UBS says its top theme right now is that leadership for artificialintelligence stocks is returning, and earnings season may prove how investors have been too…
Netflix earnings are coming. Here’s what’s needed to prop up the tumbling stock.
Netflix reports quarterly earnings on Thursday. The streaming platform’s stock has dropped more than 40% over the past year. Source:MarketWatch
BlackRock profits jump as assets under management hit a record $15 trillion
Shares in the fund manager rise as company says its will boost quarterly buybacks to $550 million Source:MarketWatch
Crypto steadies as Middle East tensions counter U.S. inflation report boost
Bitcoin held steady at a threeweek high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softerthanexpected inflation numbers.…
Industrials could be the next big bottleneck trade. Here are some stocks that could benefit.
The next big bottleneck trade might have more to do with bearings than microchips. Source:MarketWatch
Luxury stocks rally on Richemont sales beat — but the sector still needs China, says analyst
The luxury company that owns Cartier reported a 20% increase in sales yearonyear, boosting its stock. Source:MarketWatch
Czech Republic tells ISPs to block Polymarket after gambling blacklisting
The Czech Finance Ministry added Polymarket to its blacklist of unauthorized online gambling websites, requiring internet providers to block access within 15…