Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
Need a ‘Trump account’ for your child? The Social Security Administration has set up automatic enrollment.
Parents will be able to sign a child up for the investment account at birth. Source：MarketWatch
Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year.
After its dramatic plunge, silver may be experiencing a huge disconnect between its traded value and its importance as a critical material. Source：MarketWatch
Micron’s stock gains, signaling a ‘return to optimism’ about the chip sector
Investors are looking forward to Samsung’s earnings and SK Hynix’s ADR listing, experts say. Source：MarketWatch
TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the cryptomining company’s pivot to supporting the AI buildout, its CEO said. Source：MarketWatch
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20year deal to host the AI firm at a Kentucky campus, the latest cryptoadjacent company to trade mining for the…
How parents can take advantage of the ‘best summer-camp tax break in years’
For many kids, summer means camp. For many of their parents, that means financial juggling to pay for those camp experiences. Source：MarketWatch
Trump rings Wall Street opening bells and says the stock market ‘is going to go through the roof’
Trump used the occasion to promote the launch of “Trump accounts,” which are special investment accounts for children under age 18. Source：MarketWatch
Cantor says Strategy's recovery hinges on restoring STRC to par
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to…
Global stocks may be headed for a summer swoon. Why AI won’t be the only story that matters, JPMorgan says
Strategists at the investment bank outlined five key drivers for global equities in the months ahead Source：MarketWatch
Your investing expectations are more than double the reality. Here is the tough truth.
Longterm real returns above 10% annualized are exceedingly rare. Source：MarketWatch
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock. Source：CoinDesk