Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice. Source：MarketWatch
Software stocks are rising, and these 6 are expected to withstand the AI threat
Most software companies are expected to show a slowing pace of sales growth over the next two years. Oracle and DigitalOcean are among the exceptions.…
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source：Cointelegraph
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the…
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong secondquarter revenue growth as AI colocation became its largest business, though a noncash accounting charge resulted in a…
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than…
Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates
The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a gate that caps withdrawals…
Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
The asset manager is offering lowcost ETH and SOL exchangetraded products after its bitcoin fund topped $381 million in assets. Source：CoinDesk
The Fed isn’t your biggest worry. The central-bank decision that actually impacts your 401(k) lands in Tokyo.
Japan is edging toward the exit on buying America’s debt. Here is why this matters to your retirement plans. Source：MarketWatch