Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT
The FT said Situational Awareness had approached investors and lenders after borrowing amplified losses during July’s AI stock selloff. Source：Cointelegraph
The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure. Source：MarketWatch
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
Chinese newspaper warns of Bitcoin extortion scam using its name
China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies.…
Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers,…
Individual investors are dumping stocks at the fastest pace since the COVID crash
Individual investors just recorded “their largest net selling of single stocks since the COVID crash,” according to Vanda Research. Source：MarketWatch
Why SoFi’s stock is dropping, even after its earnings beat expectations
Investors were disappointed by the neobank’s restrained guidance. Source：MarketWatch
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.…
Think a 1% advisory fee sounds cheap? It is actually eating 15% of your investment returns.
Investing legend Charles Ellis says that most stock pickers are playing a “loser’s game.” Source：MarketWatch
A profit squeeze is coming for tech. This manager is betting on these unglamorous stocks instead.
MFS Investment Management’s chief global investment strategist, Robert Almeida, says investors are focusing too much on the Federal Reserve, when their…
SK Hynix shares sent sprawling once more as earnings miss steepens decline
Weakness in SK Hynix shares can be attributed to excessive leverage by retail investors, fears of Chinese competition and a failure to live up to aggressive…