Here’s how much the AI boom is contributing to inflation, according to Goldman Sachs calculations
Goldman Sachs economists have calculated how much the AI boom has contributed to inflation. Source:MarketWatch
Charles Schwab and DoorDash ranked among bargain stocks that could lead the market higher
Thirdquarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a…
Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag
Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data. Source:CoinDesk
BlackRock now has assets equal to half the size of the U.S. economy after 15% growth
Fundmanagement giant BlackRock on Wednesday said assets under management are nearly $15.5 trillion after growth of 15%. Source:MarketWatch
S&P 500 options are the hottest bet on this Hyperliquid exchange
Hypercall, an exchange built on Hyperliquid, says most of its $640 million in volume since June has come from the index. Source:CoinDesk
The truth about being a landlord in retirement
Investing in rental property isn’t easy or ‘passive’ Source:MarketWatch
Investors have made big bets on tech stocks. Why one strategist just downgraded the sector.
Slowing flows into tech stocks as valuations deteriorate has one strategist lowering the firm’s rating on tech stocks. Source:MarketWatch
‘I earn $110,000 a year’: I lost my home in the Great Recession. I’m renting in my 50s. Why is that judged as failure?
“I lost my job and eventually my home — and it’s still hard.” Source:MarketWatch
‘Sopranos’ star Steven Van Zandt is selling his Greenwich Village penthouse for $19 million
Musician and actor Steven Van Zandt is ready to part with his Greenwich Village penthouse, hiking the price up by $4 million after initially listing it in June…
Fed’s Williams sees AI supply squeeze lasting beyond 2 years
New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.…
Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027
ZEC led a broad bounce among major tokens, and Korean chipmakers snapped a fiveday losing streak ahead of Thursday’s U.S. inflation data. Source:CoinDesk
Bitwise’s Hougan says Q3 charts point to ‘crypto spring’
Bitwise’s Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher. Source:Cointelegraph