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
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.…
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
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
Farmers are already set for a $55 billion payday — why does Washington want to give them even more?
Lawmakers fuel the national debt crisis with an $11 billion farm bailout nobody needs. Source:MarketWatch
Crypto market maker B2C2 held sale talks with multiple potential buyers
The SBIowned crypto trading firm is said to have attracted takeover interest from a number of suitors over the past 18 months, but valuation has been a…
A $5 billion cluster has formed in bitcoin options. It tells a bullish story
Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest, with calls outnumbering puts by a significant…
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
The Singaporebased company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left. Source:CoinDesk
Verizon’s stock rises as earnings show the company is no longer a ‘hunting ground’
The wireless company beat subscriber expectations while pulling back on costly promotions. Source:MarketWatch