Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
Need a ‘Trump account’ for your child? The Social Security Administration has set up automatic enrollment.
Parents will be able to sign a child up for the investment account at birth. Source：MarketWatch
Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year.
After its dramatic plunge, silver may be experiencing a huge disconnect between its traded value and its importance as a critical material. Source：MarketWatch
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Micron’s stock gains, signaling a ‘return to optimism’ about the chip sector
Investors are looking forward to Samsung’s earnings and SK Hynix’s ADR listing, experts say. Source：MarketWatch
TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the cryptomining company’s pivot to supporting the AI buildout, its CEO said. Source：MarketWatch
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20year deal to host the AI firm at a Kentucky campus, the latest cryptoadjacent company to trade mining for the…
How parents can take advantage of the ‘best summer-camp tax break in years’
For many kids, summer means camp. For many of their parents, that means financial juggling to pay for those camp experiences. Source：MarketWatch
Trump rings Wall Street opening bells and says the stock market ‘is going to go through the roof’
Trump used the occasion to promote the launch of “Trump accounts,” which are special investment accounts for children under age 18. Source：MarketWatch
Cantor says Strategy's recovery hinges on restoring STRC to par
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to…
Global stocks may be headed for a summer swoon. Why AI won’t be the only story that matters, JPMorgan says
Strategists at the investment bank outlined five key drivers for global equities in the months ahead Source：MarketWatch