SpaceX’s big AI advantage is why this analyst thinks the stock could double
The company is adding computing infrastructure quickly, an Oppenheimer analyst notes. SpaceX is also getting large technology players to pay handsomely for its…
Why Palantir’s stock is suffering its worst slump since February
After a strong postearnings rally in August, Palantir’s rich valuation multiple is under pressure once again. Source:MarketWatch
Wyoming adds Chainlink reserve verification to state-issued stable token
Wyoming is using Chainlink to bring nearrealtime reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial…
I offered to buy my friend a birthday drink. She ordered $180 worth of food and expects me to pay. Should I Venmo her for half?
“My offer was cocktails.” Source:MarketWatch
Crypto made new friends in U.S. primaries, but focus now shifts to general election
Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.…
Bitcoin’s apparent demand turns negative as price struggles with $77K
One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and…
Fed’s Williams ‘is opening options’ to interest-rate hikes. Why that could be ‘a bad trade.’
Fed watchers say the upcoming jobs report and inflation data are key after seeing signs that Fed Chairman Kevin Warsh would be willing to see interest rates…
Raising Social Security’s full retirement age is political dynamite because it could make this group of people poorer
Changes to the full retirement age would have to be quick and steep to make a dent in the program’s shortfall. Source:MarketWatch
Sui DeFi protocol Full Sail to wind down after Switchboard incident
Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard.…
ADP says businesses create the fewest new jobs in 7 months. Hiring slowed in the summer.
ADP said U.S. businesses created just 36,000 new jobs in august, a second small increase in a row that pointed to a slowdown in hiring during the summer.…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source:MarketWatch
Thai businessmen sue Tether for freezing $42M in $61M pig butchering case
The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the…