These three stars need to align before investors rush back into stocks, Bank of America strategist says
Despite the steep drop in equity markets this week, investors should wait for several developments in other asset markets before rushing back into stocks,…
The real test for the artificial intelligence build-out is what happens in 2028, analysts say
JPMorgan’s Michael Cembalest is worried about data center buildouts following midterm elections, and he’s looking two years ahead. Source:MarketWatch
CFTC clears perpetual futures on stocks, bringing crypto trading model to Wall Street
CFTC Chair Michael Selig said the move gives U.S. traders a regulated alternative to “offshore, and often unregulated, venues.” Source:CoinDesk
Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source:CoinDesk
Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect…
Here’s how much stocks could fall if the Democrats sweep Congress as expected, according to BofA
The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite,…
Michael Burry says he’s sold out of his top holding — for now
Michael Burry, the contrarian exhedgefund manager chronicled in The Big Short, is selling his top holding at an 8.5year low. Source:MarketWatch
CFTC joins SEC in proposing crypto framework after failed CLARITY vote
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a…
Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy
Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.…
CFTC chair pushes tokenization as SEC opens door to onchain stocks
Michael Selig said tokenization could reshape financial markets as the CFTC and SEC continue advancing onchain initiatives despite the CLARITY Act setback.…
'The orange tie stays': Michael Saylor responds to venture capitalist's bitcoin obituary
"Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix," wrote Jason Calacanis. Source:CoinDesk
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch