2 charts showing just how insane the stock market’s August ‘crash-up’ has been so far
Many investors were caught flatfooted when stocks suddenly jerked higher late last month, as a dramatic July momentum unwind ended with a hint of optimism.…
Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source：MarketWatch
‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a monthlong…
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong”…
BlackRock launches two Canada ETFs, with one allocating 3% to Bitcoin
BlackRock Canada’s new IBQT fund combines global equity exposure with a 3% Bitcoin allocation through the firm’s Canadian iShares Bitcoin ETF.…
17 S&P 500 companies with growing revenue and profit margins — and some of their stocks are cheap
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.…
SpaceX’s stock moves above its IPO price for the first time in almost a month
SpaceX shares have been clawing their way back in recent days but remain well off their highs. Source：MarketWatch
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Source：CoinDesk
Taylor Farms recalls jalapeño-based foods in 26 states amid ongoing salmonella outbreak
The farming giant said this includes salsas, guacamole and pimento cheese dips. Source：MarketWatch
The stocks of these ‘toll takers’ could be the AI boom’s next big winners
The next boom could be in stocks of companies collecting recurring revenue from AI workloads. Source：MarketWatch
Barrick’s stock slides after dispute settlement sets the scene for IPO of mining company’s gold assets
Mining giant Barrick announced Monday that it has reached an agreement with goldmining company Newmont to combine some of their mines — helping to support an…
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.…