Nvidia may face a more hostile post-election Washington: Report
CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more adversarial Washington, Semafor says.…
Elon Musk opens the door for a big SpaceX acquisition
The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…
US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global. Source:Cointelegraph
Micron’s stock is dirt cheap — and that’s igniting a fierce online debate
Valuation purists see a ridiculously inexpensive stock, but some semiconductor investors say Micron’s earnings power won’t hold up. Source:MarketWatch
Gnosis Pay breach exposes card details, personal data and crypto wallet information
The crypto debit card provider said customer funds remained safe despite the exposure of sensitive financial and personal information. Source:Cointelegraph
Binance hack is ‘cyber war,’ TRM Labs executive says
TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.…
Apple, Meta reject OKX–ICE tokenized stock plans, leaving crypto firms as the ones to watch
Strategy, Coinbase, Circle and Robinhood are among six companies from the venture’s initial selection with no disclosed objection, after 90% of issuers opted…
US 401(k) proposal leaves door open to altcoins, but hurdles remain
While the proposal doesn’t exclude altcoins and smaller cryptocurrencies, experts say they could face challenges getting into retirement plans.…
My adviser recommended an annuity. Is it the right move in this market environment?
“I haven’t committed to the strategy yet and would appreciate some independent perspectives.” Source:MarketWatch
DraftKings’ expensive bet on prediction markets is crushing its stock
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition. Source:MarketWatch
What’s next for your portfolio after the decline in Big Tech stocks?
Also in Weekend Reads: Ideas for generating investment income, new tax brackets, buying a home with cash and advice from the Moneyist. Source:MarketWatch