A leading Silicon Valley cheerleader just showed all the reasons to be worried about the AI bubble
If you needed any further reasons to be worried about the bubble that has inflated the stock market, look no further. Source:MarketWatch
AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS
Historically, the surges in investment and in the profitability it produced have proven unsustainable for U.S. tech companies, says Michel Lerner.…
SoFi’s stock climbs as lending surge drives an earnings beat and rosy outlook
SoFi’s early 2027 forecast is impressing Wall Street. Source:MarketWatch
Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.…
My abusive ex-husband promised $20,000 for our kids’ education. Now he refuses to pay. Is he legally obligated?
“Before our divorce, my former motherinlaw entrusted him with $20,000 for each of our daughters to invest on their behalf.” Source:MarketWatch
Customers are chasing higher-rate products. That’s bad news for banks like HSBC.
Shares of banking giant HSBC Holdings fell as much as 7% on Tuesday as the lender revealed that customers are increasingly turning to higherrate products.…
Now is the time to accumulate bitcoin, Galaxy says
Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Source:CoinDesk
Designer Betsey Johnson takes $7 million SoCal home off the market
Betsey Johnson has taken her newly rebuilt Hidden Hills, Calif., home off the market after cutting the price once since it was listed in July.…
The impressive real estate portfolio of sitcom producer Chuck Lorre of ‘Big Bang Theory’ and ‘Two and a Half Men’ fame
Legendary TV producer Chuck Lorre is opening up about his life like never before with the release of his autobiography, “Sitcom: A Memoir.” Source:MarketWatch
An AI label alone no longer wins lenders, JPMorgan says
As default insurance on several AIlinked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash,…
Ripple gets a final go-ahead to launch its own U.S. national trust bank
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank (RNTB), Ripple's CEO Brad Garlinghouse announced on X. Source:CoinDesk
What gave this city its ‘best place to retire’ crown? You can actually afford to live there.
Low cost of living, high quality of life and favorable taxes for retirees, for the win. Source:MarketWatch