Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77yearold Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her…
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interestrate hikes are subsiding. Source：MarketWatch
What happens if you never buy a house? What renters are gaining — and giving up
The high cost of buying a home means that many 20 and 30somethings are reevaluating traditional personalfinance advice that assumed homeownership to build…
Like Costco, Walmart will sell Medicare Advantage plans
Walmart will sell Medicare Advantage plans as part of a new partnership with a nonprofit health insurer. Source：MarketWatch
Intel’s stock rises as investors hope memory chips can mark the next step in its turnaround
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.…
Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce
Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses. Source：MarketWatch
SpaceX’s Starship is finally set for orbit. A lot is riding on its success.
Next week, SpaceX plans for Starship to complete six orbits of the Earth during a nearly 10hour flight. Source：MarketWatch
AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.
Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” Source：MarketWatch
Wall Street may have gotten the ‘slower AI’ story all wrong
A world where AI companies slow their development isn’t necessarily bad for chip makers or great for software vendors. Source：MarketWatch
Balancer eyes wind-down after restructuring fails to revive revenue
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit…
Chip stocks were a safe AI play. Now they’ve turned into the market’s pain trade.
A slowdown in the pace of AI development wouldn’t necessary dent spending, but there are other reasons semiconductor investors may want to take a measured…