Doximity’s stock skyrockets 50% on medical AI excitement. Can the rally last?
While one analyst thinks Doximity has a compelling AI opportunity, another worries that the company could cannibalize its core business of medical networking.…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source：Cointelegraph
Are target-date funds hurting Americans as they live longer?
The popular default investments may need to be more aggressive in order to fund decades of retirement. Source：MarketWatch
How a five-second trick let traders drain millions from Polymarket
After months of public warnings from onchain analysts, the prediction market is moving to timeweighted prices to make artificial price pushes too costly.…
Michigan says it’s OK to start eating salads again as cyclospora outbreak wanes
The state, which has been at the center of the biggest cyclospora outbreak in the U.S., said this week that the number new cases of cyclosporiasis has fallen.…
I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“I was approached by one company who wants to use AI to dispatch ambulances.” Source：MarketWatch
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source：CoinDesk
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source：Cointelegraph
Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three. Source：MarketWatch
Optical stocks have a China problem that most investors are missing
Beijing controls a chokepoint that Washington’s own crackdown can’t address. Source：MarketWatch
How S&P 500 options action may help explain volatility in memory stocks
Bullish derivative bets mesh with the buythedip mentality, says IBKR’s Sosnick Source：MarketWatch
Bitcoin hovers below $65,000 as Middle East tensions escalate further
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iranlinked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.…