Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interestrate fears hit the…
Don’t buy this dip: Several signs suggest there’s more pain ahead for tech stocks
Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet. Source:MarketWatch
Microsoft wants to make AI cheaper. Will investors actually see the savings?
Microsoft is betting that its custom chips can lower costs, but the AI equation is more complicated than that. Source:MarketWatch
AI investors have woken up to the bond market’s warning signs
Also in Weekend Reads: Robotic housekeeping, how to save on a wedding, and advice from The Moneyist. Source:MarketWatch
Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension.
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the…
Welcome to the ‘AI burnout trade’ — as investors grow tired of debating tech’s promises
AI is likely to pay off eventually, but investors are getting sick of all the handwringing over nearterm returns, analysts say. Source:MarketWatch
Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race
At least two industryaligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate. Source:Cointelegraph
Here’s how the Fed should reveal its outlook for the economy
As Chairman Kevin Warsh looks to revamp the central bank’s communication strategy, the dot plot is ripe for change. Source:MarketWatch
Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
Tokenized stocks are drawing trading activity beyond Wall Street hours, while Bitcoin miners confront costly AI expansion and new accounting rules could…
Big Tech's AI auditors will only see what they're shown
If the White House accord's audits are going to be worth anything, auditors should be able to choose what they test, writes Samuel VanceLaw, head of research…
Strategy conditionally declares daily dividends as STRC hovers below $100
Strategy conditionally declared daily dividends on STRC, which continued to hover below its $100 par value. Source:Cointelegraph
Is Apple’s foldable iPhone Duo worth $2,000? See how it stacks up against other foldable phones.
Preorders for the iPhone Duo began Friday, marking Apple’s debut in a foldable phone market largely dominated by Samsung and Google. Source:MarketWatch