Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks
S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud…
Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the…
Samsung delivers record-setting profits, but the shares still can’t catch a break from investors.
Although supply constraints are still severe and demand for its memory chips relentless, there is still skepticism among investors about the longevity of the…
Investors are overlooking healthcare stocks and should consider these top picks, says JPMorgan
Eli Lilly, AbbVie and Danaher Corporation are among the bank’s top picks for stocks in the sector. Source:MarketWatch
Bitcoin ETF inflows return as Ether funds slip into outflows
US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a foursession outflow streak.…
Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.…
Bitcoin analysts agree the Fed's hold was hawkish. They don't agree on what happens next.
Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six…
Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Crypto's majors barely moved as Asia's semiconductor selloff eased. Most are still lower over the week, with HYPE down 8%. Source:CoinDesk
Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures. Source:MarketWatch
Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
Mexican fastcasual chain acknowledged ‘softening’ traffic in the second half of July, but it’s taking a rosier view of its fullyear prospects.…
Stocks and bonds see wild ‘Fed Day’ swings as Wall Street’s ‘crash cushion’ evaporates
Major equity indexes put in their worst “Fed Day” performance since December 2024, while the yield on the 30year bond shot higher. Source:MarketWatch
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…