Fed Chair Kevin Warsh promises 2% inflation, but skyrocketing U.S. debt makes that a pipe dream
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis. Source:MarketWatch
Microsoft’s stock is charging back. Here’s the case for it to rally another 30%.
Think Microsoft is overspending on AI? A Bernstein analyst says the company is actually taking a “measured” approach. Source:MarketWatch
Coinsbuy offers $100K reward after Sunday security breach
Coinsbuy said it covered all affected client funds after unauthorized withdrawals, while an onchain investigator estimated more than $7.9 million was stolen.…
Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source:MarketWatch
SpaceX’s stock moves above its IPO price for the first time in almost a month
SpaceX shares have been clawing their way back in recent days but remain well off their highs. Source:MarketWatch
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Source:CoinDesk
Taylor Farms recalls jalapeño-based foods in 26 states amid ongoing salmonella outbreak
The farming giant said this includes salsas, guacamole and pimento cheese dips. Source:MarketWatch
The stocks of these ‘toll takers’ could be the AI boom’s next big winners
The next boom could be in stocks of companies collecting recurring revenue from AI workloads. Source:MarketWatch
Intel plans to sell $15 billion worth of stock after it has risen 400% in a year
The company said it sees growth opportunities in physical AI, custom chips and advanced packaging. Source:MarketWatch
‘I want her to choose the best strategy’: My wife’s Social Security is just $900. Should she claim spousal benefit at 62?
“She was a teacher at a school district, so didn’t put much into Social Security.” Source:MarketWatch
Mark Zuckerberg takes on the AI doomers in 6,500-word essay
Meta Platforms CEO Mark Zuckerberg has a response to the gloom about artificial intelligence coming from both inside and outside the industry: AI will be…
These analysts say Elon Musk’s ambitious AI plans for SpaceX should be taken seriously, thanks to Microsoft
If Elon Musk can expand its compute capacity swiftly, Microsoft could be perfectly positioned to monetize this “oneinageneration opportunity” Source:MarketWatch