Why are gasoline prices rising faster than oil prices? Blame it on the ‘crack.’
The spread between the cost of barrels of gasoline and crude oil — known as the “crack spread” — has widened sharply. Source:MarketWatch
Why cheap Chinese AI models could actually be a boon for Nvidia, Micron and other chip stocks
Moonshot AI’s Kimi K3 could encourage a surge in enterprise workloads and provide a longterm tailwind to chip demand. Source:MarketWatch
U.S. hits Canada with stiff new tariffs, escalating trade tensions
The Trump administration on Monday said it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade…
Americans are skipping lettuce and salads as investigation into cyclospora outbreak continues
Shares of salad chains like Cava, Chipotle and Sweetgreen closed lower on Monday. Source:MarketWatch
Democrats added certain consumer protection rules to CLARITY: Coinbase exec
Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under…
Lumentum’s stock just got a lot more interesting — and Barclays has turned bullish
A Barclays analyst now recommends Lumentum’s stock after a period of substantial underperformance relative to the broader chip sector. Source:MarketWatch
SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction…
Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a fullstack card…
It’s getting easier for terminally ill people to end their own lives. What to know as laws change.
Patients must meet three conditions to qualify for Medical Aid in Dying. Source:MarketWatch
Tesla investors share their most burning questions ahead of earnings
“What is keeping Tesla back from accomplishing these shortterm goals that they’ve set for themselves?” one investor asked. Source:MarketWatch
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multibilliondollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers…
AMD’s stock climbs, and a new Microsoft deal is only part of the reason
Chip stocks were broadly recovering Monday, and AMD investors are gearing up for a big product event later in the week. Source:MarketWatch