Mystery Wall Street Journal ad sparks new fight over tokenized stocks
A fullpage warning urging CEOs to opt out of tokenized stock trading drew a response from Securitize and questions over who paid for it. Source：CoinDesk
Why Alphabet’s stock could see its worst drop in years after the latest results
A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off…
Canadian ‘crypto king’ case to go to jury as criminal trial winds down
Aiden Pleterski, facing fraud charges in Canada over his alleged role in a digital asset Ponzi scheme, said that he was innocent at closing.…
Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.…
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multimilliondollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Source：MarketWatch
U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity Source：MarketWatch
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source：MarketWatch
Here’s what just sent Oracle’s stock soaring
The company’s new financial targets paint a rosier picture of its AI economics than investors had feared. Source：MarketWatch
Sam Bankman-Fried wrote to actor portraying him in Netflix series
The former FTX CEO remains incarcerated as Irish actor Anthony Boyle portrays him in a series about the downfall of the crypto exchange and his relationship…
CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'
The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution.…
Gen Z voters told us the midterms will boil down to affording life, not social issues
MarketWatch talked to younger voters who said many life goals feel unattainable for their generation. Source：MarketWatch