As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow. Source:MarketWatch
Micron’s stock claws back to buck the memory-chip selloff
While Sandisk and Western Digital shares were down, Micron erased its intraday losses. Source:MarketWatch
Chipotle’s stock extends its declines, but analysts aren’t sweating the jalapeno scare
“History has repeatedly shown that the sales impact of foodborne illness tends to be fleeting for restaurants,” one analyst noted. Source:MarketWatch
AppLovin’s AI stumbles send the stock sliding toward its worst day in over a year
The software company also came up short on expectations for revenue in the latest quarter. Source:MarketWatch
US appellate court mandate affirms Sam Bankman-Fried conviction
Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced…
US Senate will vote on CLARITY crypto bill ‘without any question’ this week: Tim Scott
The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite…
Honeywell Aerospace lands in Wall Street’s ‘penalty box’ after gloomy guidance triggers 21% stock selloff
The newly minted Honeywell Aerospace stunned Wall Street only weeks into its life as a standalone company. Source:MarketWatch
Bitcoin miners’ AI pivot loses Wall Street’s wow factor
New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin…
The dollar’s global dominance is starting to slip. This was the tell.
President Donald Trump and Treasury Secretary Scott Bessent chalked up last week’s historic joint intervention to support the yen as a friendly gesture in…
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Source:Cointelegraph
Don’t worry about what other people have saved for retirement. Here’s how to find your perfect number.
Don’t compare your nestegg balance to a number that doesn’t actually mean anything. Instead, do this calculation to see if you’re on track for retirement.…
‘Her bank accounts were stripped bare by Medicaid’: My late friend had $20,000 in credit-card debt. Will her life insurance pay for it?
“She left behind a 30yearold son and 32yearold daughter.” Source:MarketWatch