These nontech stocks can ride the AI build-out for years
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence. Source:MarketWatch
Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.…
Trezor reports data from 14K users exposed through shipping provider
The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups…
Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month. Source:Cointelegraph
Your prescription drugs shouldn’t cost more than your mortgage. Inside the broken math that got us here.
We will never make medicine affordable if how to tie a drug’s price to its value is solely determined by the companies creating the drugs. Source:MarketWatch
Crypto for Advisors: The crypto advice gap
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.…
Federal Reserve Board issues enforcement action with former employee of Regions Bank
Federal Reserve Board issues enforcement action with former employee of Regions Bank Source:Federal Reserve
These workers have charisma, confidence — and no fear of AI taking their jobs. They’re the personality hires.
Employers are looking for “coachability, curiosity, reliability and comfort asking for clarification.” Source:MarketWatch
B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers…
Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
The predictionmarket platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.…
Dell’s stock has beaten Micron and AMD this year — and now it’s adding to its gains
Shares of Dell have roughly quadrupled in price this year, with Lenovo’s earnings report helping to drive the latest bout of momentum for the PC and server…
Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide
The online bank cut fullyear revenue and profit forecasts after firsthalf crypto trading levels slumped. Source:CoinDesk