Chip stocks were a safe AI play. Now they’ve turned into the market’s pain trade.
A slowdown in the pace of AI development wouldn’t necessary dent spending, but there are other reasons semiconductor investors may want to take a measured…
Robinhood plans share redemptions, voting rights for stock tokens, after criticism
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights. Source:CoinDesk
Kraken brings DeFi yield to tokenized stocks and ETFs
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.…
The 10 most overvalued housing markets in America
As home prices remain near record highs, about 81% of housing markets in America are overvalued, a new ratingsagency report says, with the Northeast leading…
Saudi Arabia may be just days away from not being able to export much oil
The oil exporting kingdom is now dealing with the shutdown of its EastWest pipeline. Energy prices ‘are only going to rise on the back of this.’…
UK regulators to develop tokenization roadmap after industry feedback
The FCA received 123 responses to its wholesale tokenization consultation, with most respondents identifying posttrade processes as the main opportunity for…
CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat
The software sector is on pace to outperform the chip sector by a historic degree in the face of escalating AI fears. Source:MarketWatch
Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028…
Bitcoin tops $79K, oil falls as Trump says Iran war could end
Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the USIran war would end, pushing oil prices lower. Source:Cointelegraph
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30year mortgage rate upward. Source:MarketWatch
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
White House crypto adviser says Trump gave up 'historic' ethics powers in compromise
President Donald Trump's digital assets adviser spoke at a Washington event the day after a new compromise language was released for the Clarity Act.…