An extra-caffeinated version of Mr. Pibb is helping Coca-Cola win over cash-strapped shoppers
CocaCola’s stock is bucking consumer weakness as it heads toward a record high. Source:MarketWatch
Investors are piling into bond funds at a rapid rate. That’s a problem.
Think bond funds are safer than stocks right now? Stocks actually look like the smarter bet. Source:MarketWatch
The U.S. will import Mexican cattle again. Here’s what that means for high beef prices.
The U.S. Agriculture Department will allow cattle imports from Mexico to resume beginning in late August, despite the threat of the New World screwworm.…
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
The cryptofocused companies announced separate acquisitions as demand for powerintensive AI and digital infrastructure continues to grow. Source:Cointelegraph
Wall Street veteran Don Wilson says regulators are getting perps all wrong
DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.…
Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice. Source:MarketWatch
Software stocks are rising, and these 6 are expected to withstand the AI threat
Most software companies are expected to show a slowing pace of sales growth over the next two years. Oracle and DigitalOcean are among the exceptions.…
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source:Cointelegraph
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the…
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong secondquarter revenue growth as AI colocation became its largest business, though a noncash accounting charge resulted in a…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…