Vanguard seeks digital assets chief after years of crypto skepticism
The asset manager is hiring a head of digital assets to lead its strategy for tokenization, stablecoins, blockchain infrastructure and clientfacing products.…
Apple is closing in on Nvidia as it looks to reclaim title of largest U.S. company
Once the face of the AI trade, Nvidia’s valuation has compressed to levels not seen since 2013 while Apple shares continue to power higher Source:MarketWatch
BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recentlypublic digital asset companies sliding after debut, Arca's Jeff Dorman said. Source:CoinDesk
Kraken wins $22M arbitration against former auditor Mazars
The crypto exchange's parent company says Mazars' withdrawal from its 2022 audit caused millions in damages and tied the dispute to Operation Chokepoint 2.0.…
Adobe’s stock is temptingly cheap. Should investors bite?
Adobe has become a polarizing stock in the face of questions about its AI future. Source:MarketWatch
Elon Musk’s Terafab could give a major boost to this corner of the chip sector
SpaceX could spend about $135 billion on waferfab equipment over the next five years, UBS said. Source:MarketWatch
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain antimoney laundering programs Source:Federal Reserve
Wednesday’s Fed minutes will be revealing — but not in the way investors hope
Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank. Source:MarketWatch
Trump floats idea of Australia’s retirement system again. But what about Social Security?
The president said his administration was working on a plan based on the Austrialian system, days after the launch of “Trump accounts” for children.…
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows socalled Reg Crypto high on its nearterm list. Source:CoinDesk
SEC Forms New Retail Fraud Working Group
The Securities and Exchange Commission today announced the creation of the Retail Fraud Working Group designed to strengthen the Division of Enforcement’s…
Micron’s stock falls as investors wonder if the memory market is near the top
“Most investor feedback continues to point to a skittish AI tape,” one analyst said. Source:MarketWatch