The 30-year Treasury yield is closing in on 5.2%. A surge to 6% could slam stocks.
Longbond yield spike is increasingly possible — threatening to deepen losses for popular longterm Treasury and TIPS ETFs. Source：MarketWatch
SAP’s stock rises on strong revenue, but analysts warn of guidance risks
The stock has dropped 40% since the start of the year on concerns that artificial intelligence may entirely disrupt the software company’s business model.…
Charter sees further ‘erosion’ of its internet business, sending the stock sharply lower
The company lost more broadband subscribers than expected, although it hauled in more than 400,000 new mobile lines. Source：MarketWatch
A quantum roadmap would push Bitcoin much higher: Charles Edwards
A Bitcoin development roadmap that addresses quantum computing risks could see the price surge by “double digits” very quickly, according to Charles Edwards.…
Saylor and team overhaul Strategy's bitcoin metrics as bear market persists
New framework gives common shareholders a clearer view of net bitcoin exposure after preferred stock and convertible debt obligations Source：CoinDesk
Brazilian farmers tokenized dairy cows to get loans, bypassing bank lending limits
Smart collars monitor herd health in real time to prevent fraud, allowing local agricultural businesses to secure thousands in funding backed by livestock.…
A panicking Fed is just what the bond market needs, says Bank of America’s chief strategist
New Fed Chairman Kevin Warsh probably needs to hike soon to reassure the long end of the Treasury curve, says Bank of America strategist Michael Hartnett.…
Thailand SEC files complaint against Bitkub over alleged false disclosures
Thailand’s SEC filed a criminal complaint against Bitkub and two former directors over alleged false disclosures linked to a 2021 cyberattack involving $50…
Can AI replace your financial adviser? Why bots still can’t match human judgment.
Before you ask AI how to invest $5,000, read this first. Source：MarketWatch
Odos Protocol to shut down, gives users until July 30 to withdraw assets
Odos Protocol will shut down on July 30, giving users one week to withdraw assets. The team did not provide a reason for the decision. Source：Cointelegraph
EU hits Russia with massive 21st sanctions package targeting $120B crypto network
The EU is considering a ban on thirdcountry crypto services providers for the first time and is targeting 14 crypto companies, which it has not named yet.…
American Express rides a boom in Platinum cards to its strongest spending growth in years
Cardmember perks are resonating, an Amex executive says. “It’s really about access.” Source：MarketWatch