Red Hot Chili Peppers bassist Flea relists Malibu sanctuary for $7.9 million
Musician and prolific property investor Flea has brought his “extraordinary” Malibu sanctuary back to the market for $7.99 million inside one of California’s…
Intel now says it is selling $20 billion of stock
Intel on Tuesday said it would increase the size of its offering of new shares by an additional $5 billion to $20 billion. Source:MarketWatch
Bears are in pain as the S&P 500 hits record highs. That may mean more upside for stocks.
Positioning shows the shorts are yet to capitulate, suggests Citi Source:MarketWatch
The Bessent bond-market scorecard doesn’t look as strong as it once did
Since President Donald Trump’s inauguration U.S Treasury securities have underperformed all major government bond indices with the exception of Japan.…
A $2 trillion asset class is getting a new blockchain rail
ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B shipfinance market to wider capital pool. Source:CoinDesk
Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of thirdparty capital to fund…
Here’s who stands to gain the most from a Jeff Bezos-Liverpool FC deal
LeBron James’s Liverpool stake would soar if Bezos completes deal to become part owner of English soccer club Source:MarketWatch
Rocket Lab reveals some big plans, but its stock is dropping on mixed earnings
The company is looking to expand its reach in Europe and building up its backlog. Source:MarketWatch
I looked into buying a house in Singapore as an investment. Here’s why I didn’t — despite the 2% mortgage rate.
Homeloan interest rates in Singapore are less than 2%, while in Japan they’re around 1% or even lower. That’s in stark contrast to mortgage rates in America…
Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on…
Workers are worried, but there’s no sign AI is muscling people out of their jobs on a massive scale
Mark Zuckerberg says we’re lucky to live in an “incredible moment,” but many workers are having a hard time stomaching the uncertainty. Source:MarketWatch
Good news for stock-market bulls: Corporate earnings growth is no longer being driven just by tech
For years, the S&P 500’s earnings engine had only one driver: the Magnificent Seven. This quarter, the rest of the market has started pulling its weight.…