Adobe’s stock is temptingly cheap. Should investors bite?
Adobe has become a polarizing stock in the face of questions about its AI future. Source:MarketWatch
Elon Musk’s Terafab could give a major boost to this corner of the chip sector
SpaceX could spend about $135 billion on waferfab equipment over the next five years, UBS said. Source:MarketWatch
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain antimoney laundering programs Source:Federal Reserve
Wednesday’s Fed minutes will be revealing — but not in the way investors hope
Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank. Source:MarketWatch
Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans. Source:CoinDesk
It can take as little as 5 minutes online to get prescribed a GLP-1 for weight loss. Why that’s risky.
The research suggests that these companies prioritize “quick prescriptions” over good care Source:MarketWatch
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
Bond traders are watching this tracker to figure out the real odds of Fed rate hikes
A Fed gauge of wage growth is due to be updated on Friday, followed by a June reading on consumer inflation next Tuesday. Source:MarketWatch
Tesla’s stock could rise 20% thanks to the potential for a SpaceX merger, analyst says
Some on Wall Street see an increasing likelihood that Elon Musk’s two biggest companies will combine. Source:MarketWatch
Plot twist: Gen Z is buying houses after all
Despite soaring housing costs, younger buyers are finding a way in. Here’s how. Source:MarketWatch
Tether invests in Mercado Bitcoin as blockchain finance expands in Latin America
Mercado Bitcoin will use the funding to expand tokenized finance across Latin America, adding to Tether's growing portfolio of infrastructure investments.…
Nigel Farage to resign from UK Parliament amid crypto “gift” scandal, will stand in by-election
The Reform party leader and Brexit champion confirmed that he was the subject of probes by UK authorities following reports of what he called “gifts” from…