Microsoft’s stock is suffering a historic June rout as investors balk at heavy spending
Those who owned Microsoft’s stock for the freecashflow profile now “are being asked to underwrite a capitalintensity cycle,” says an analyst. Source:MarketWatch
Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market
The $2.5 trillion asset manager deepens its blockchain push after taking over Superstate's tokenized money market fund as fund manager earlier this year.…
Can Qualcomm actually compete with Nvidia? Inside its bold data-center gamble.
Qualcomm is chasing a massive $40 billion transformation. Meta is already buying in. Source:MarketWatch
‘Supergirl’ is tracking toward a soft debut. It’s a reality check for the DC Studios reboot.
The studio was hoping to repeat the success of “Superman,” which powered a boxoffice turnaround for Warner Bros. last year and breathed new life into its DC…
Why Palantir’s stock is having its worst month in years — even in the midst of an AI boom
Down over 30% since the beginning of June, shares of Palantir just hit a new 52week low Source:MarketWatch
Bitcoin options traders hedge downside as uncertainty lingers, Anchorage says
Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as nearterm uncertainty persists, though markets are not pricing an extreme…
Japanese stocks are on fire. Here’s what’s driving the hot streak.
Japanese equities have hit alltime highs at a pace not seen since 1989. Source:MarketWatch
Bitcoin may fall lower but BTC power-law frames crash to $58K as ‘normal’
Bitcoin’s drop to $58,000 lines up with the powerlaw model’s cycle lows, even though futures market data points to deeper lows for BTC price.…
SpaceX FOMO is officially over. Space stocks across the board are getting punished.
Investors seem to be having second thoughts about the lofty valuations in the sector, an analyst said. Source:MarketWatch
Apple’s price hikes suggest inflation won’t slow quickly, even as gas gets cheaper
Gas is getting cheaper, but Apple raising prices probably tells us more about the persistence of inflation. Source:MarketWatch
Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?
Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. Source:Cointelegraph
Strategy's yield-generating STRC stock is more correlated with BTC than ever
The tightening correlation undermines STRC's appeal as a relatively steadier income vehicle. Source:CoinDesk