CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and…
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The thesis is that high yields on longterm U.S. Treasuries make nonyielding assets like bitcoin less attractive. Source:CoinDesk
Why September is the worst month of the year for the stock market
The introduction of pumpkinspice lattes to menus means the end of summer is approaching, along with positive vibes Source:MarketWatch
Sandisk’s stock is flying higher. Here are the new targets that are exciting Wall Street.
The memorychip company just offered revenuegrowth forecasts stretching to the end of the decade, and Sandisk expects to maintain its high profitability as the…
These nontech stocks can ride the AI build-out for years
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence. Source:MarketWatch
Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month. Source:Cointelegraph
Your prescription drugs shouldn’t cost more than your mortgage. Inside the broken math that got us here.
We will never make medicine affordable if how to tie a drug’s price to its value is solely determined by the companies creating the drugs. Source:MarketWatch
These workers have charisma, confidence — and no fear of AI taking their jobs. They’re the personality hires.
Employers are looking for “coachability, curiosity, reliability and comfort asking for clarification.” Source:MarketWatch
Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
The predictionmarket platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.…
Dell’s stock has beaten Micron and AMD this year — and now it’s adding to its gains
Shares of Dell have roughly quadrupled in price this year, with Lenovo’s earnings report helping to drive the latest bout of momentum for the PC and server…
Salesforce’s stock gets a boost as J.P. Morgan says AI fears are overblown
An analyst predicts 29% upside for Salesforce shares, citing some promising AI features. Source:MarketWatch
Figure revenue doubles as blockchain loan marketplace volumes surge
The tokenizationfocused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion. Source:CoinDesk