Software stocks are fading — but these 4 could shine through the rest of the year
Evercore recommends Microsoft, ServiceNow, Salesforce and Samsara. Source:MarketWatch
World Cup generated $20B in blockchain prediction market volume: Chainalysis
The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets…
Coinbase Q2 profit misses estimates despite record crypto market share
The crypto exchange blamed softer spot trading and low volatility for the earnings miss while highlighting growth in derivatives, stablecoins and tokenized…
Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade
One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind…
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…
Coinbase sinks 5% after missing second quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. Source:CoinDesk
Telegram’s Pavel Durov responds to Russia’s terrorism designation
The Telegram founder said Russia designated him a terrorist after he refused government demands for mass surveillance and censorship on the messaging platform.…
Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures
The proposed legislation referenced Donald Trump’s disclosure of billions of dollars in crypto earnings in 2025, as well as his family’s business ties to…
Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve
Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren’t buying it. Source:MarketWatch
The warning signal insiders are sending
Corporate insiders haven’t been this bearish in more than 20 years. Source:MarketWatch
Aviva Investors launches tokenized fund after Central Bank of Ireland approval
The new XRPLbased share class gives eligible investors blockchainbased access to a regulated US dollar liquidity fund while keeping traditional custody…
Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings
Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said. Source:MarketWatch