Tech stocks just had one of their worst weeks in a year. Here’s how AI momentum went off the rails.
It one of the worst weeks for tech stocks of the year, and Wall Street spent much of it confronting a question it had been too euphoric to ask: what exactly…
SpaceX’s new bonds are flashing a warning sign, as investors pump the brakes on AI frenzy
Elon Musk’s company made a splash earlier this week with a $25 billion bond deal, less than two weeks after it raised tens of billions of dollars in cash.…
Iran’s ship attack tests the shipping-insurance market just as war-risk premiums had plunged
Warrisk premiums narrowed considerably in recent days but could increase again. Source:MarketWatch
Fed’s Kashkari projects one interest-rate hike this year. Here’s what changed his mind.
Doubts over the U.S.Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president says. Source:MarketWatch
The World Cup has made Cape Verde goalkeeper Vozinha a $17 million star
As Cape Verde faces off against Saudi Arabia tonight, here’s a look at what could be next for the breakout World Cup star. Source:MarketWatch
Spain regulator rules out extension for non-MiCA compliant crypto companies
Carlos San Basilio said that “there will be no exceptions or extensions” to the MiCA deadline requiring crypto exchanges offering services to EUbased users to…
Anti-trafficking group says Clarity Act's Section 604 could weaken accountability
An antihuman trafficking advocate said a Clarity Act provision could weaken accountability despite existing criminal laws. Source:CoinDesk
Virtuals' Jansen Teng says AI agents are evolving into autonomous economic actors
The next phase of AI agents may be less about chat and more about earning, spending and coordinating. Source:CoinDesk
AI’s most explosive hardware trades are hitting a wall. Why optical and memory stocks are falling.
AI spending has been a key engine for the market, and some investors now worry that it could stall out, one expert says. Source:MarketWatch
Bond yields are falling as inflation pops. The Fed’s tough talk under Warsh is helping.
Kevin Warsh, the new Federal Reserve chair, is helping coax Treasury yields lower by talking tough on inflation. Source:MarketWatch
The housing bill’s back on track to becoming law. Here’s what it does for affordability.
A bipartisan housing package appears once again close to becoming U.S. law, albeit with a delay after President Donald Trump canceled a signing ceremony for…
Social Security says I was overpaid for 7 years. I believe it’s mistaken. Can they cut my benefits?
“They say I made $43,000 in 2019, but I actually made that in 2020.” Source:MarketWatch