Five reasons we’re headed for a 10% stock-market correction — or worse
Summer is winding down, and “spooky season” will soon be upon us. That’s just one cause for investor wariness. Source:MarketWatch
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts. Source:CoinDesk
The bond selloff is rattling investors, but here’s why they shouldn’t expect a deeper stock downturn
Fundstrat’s Mark Newton says it’s not time to panic about surging bond yields driving a deeper stock rout. He offers technical evidence to back his case.…
Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from alltime high, a BlackRock report stated. Source:Cointelegraph
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source:CoinDesk
Meta is facing its ‘Big Tobacco’ moment — and investors can profit
Even a loss in the landmark youthsafety trial would do little to hurt Mark Zuckerberg’s empire. Source:MarketWatch
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain…
The Fed minutes are coming —and they’re more crucial now as Warsh limits his communication
Investors are starved for information in a new world of “terse” communication from the central bank. Source:MarketWatch
Here’s the case for Nvidia’s stock to climb 55%, according to BofA
An analyst is looking past financing risks and noting that Nvidia could appeal to investors through its enhanced share buybacks. Source:MarketWatch
SEC Proposes New Regulation Crypto Assets
The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and…
Wall Street wants to turn sports betting into ETFs. Critics call it dangerous ‘nonsense.’
The convergence of investing, trading and sports betting may be getting a major shot in the arm — or shot on goal — starting with 32 new exchangetraded funds.…
Is SpaceX an AI play or a space stock? Two months after the IPO, investors still can’t decide.
Shares don’t trade like the “Big Tech” stocks, and their correlation to the space sector is “mixed,” according to a new analysis. Source:MarketWatch