Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell
Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem. Source:MarketWatch
There’s a ‘monstrous bull market’ developing under the surface of the S&P 500. This hedge-fund manager tells you where it’s at.
The index may not move much because the stocks with the biggest weightings lag, but there’s a bull market starting to bubble elsewhere, says a hedgefund…
This 30-year market veteran is alarmed by a record-chasing S&P 500. Here’s where he’s investing instead.
Steven Jon Kaplan sees a completely irrational stock market right now, and investors ignoring a perfectly safe way to play that. Source:MarketWatch
Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.…
White House crypto council chief Patrick Witt steps down
Witt’s departure leaves a leadership gap at the White House Crypto Council and marks the fourth highprofile exit from the advisory group. Source:Cointelegraph
Starknet opens vote on potential Ethereum L2 exit over quantum risks
Starknet is asking STRK holders whether to explore becoming an independent layer1 blockchain to reduce its dependence on Ethereum’s quantumsecurity upgrade…
Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech selloff after the KOSPI Index fell 7.5% on Thursday. Source:Cointelegraph
I’m 64 years old, with two sons, but only one works in the family firm. Should I leave him 70% of the business?
“I have some reservations about the longterm stability of my younger son’s marriage.” Source:MarketWatch
‘New Girl’ star Jake Johnson lists lush and private Pasadena estate for $3.3 million
Jake Johnson is looking to sell his fourbedroom, fourbathroom Southern California property, which offers approximately 3,153 square feet of living space.…
Why the AI trade is not set up for a rebound like July’s, according to JPMorgan
Fewer shorts, buybacks ending, no inflows and too many longs imply no recovery is imminent, says a JPMorgan strategist. Source:MarketWatch
TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced thirdquarter net profits of 763.34 Taiwanese new dollars, marking a record. Source:MarketWatch
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week. Source:Cointelegraph