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
Wholesale inflation flattens out in July and price pressures ease
Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of…
The AI boom is not just driving stocks — it’s also moving the foreign-exchange market
Interestrate differentials, inflation trends and trade balances are usually thought of as drivers of foreignexchange movement — but increasingly, the drivers…
SEC allows Franklin Templeton funds to invest in onchain money fund
The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.…
Bitcoin holds steady near $64,000 as monero, hyperliquid outperform
Crypto markets remain in a low volatility holding pattern, trading in a tight range following Wednesday's CPI report. Source:CoinDesk
Bill Ackman once exited Netflix stake in a huff. Why he’s buying the streaming giant again as well as these five stocks.
Netflix is once again an apple in Bill Ackman’s eye, as the streamer was among six stocks Pershing Square added in the last six months. Source:MarketWatch