S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalizationweighted crypto indexes.…
IBM just cut its outlook. Why its stock is bouncing higher anyway.
IBM’s official earnings report comes after a bruising profit warning last week. Source：MarketWatch
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue…
Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the…
ServiceNow’s stock rises as earnings show momentum in cybersecurity
Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations. Source：MarketWatch
‘Owning a pet has become a luxury’ — vets worry about higher prices and shrinking pet population, survey finds
A Morgan Stanley survey shows that U.S. vet practices are growing sales by raising prices as they contend with fewer visits —a formula that analysts say is…
More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments. Source：MarketWatch
The bull market faces higher likelihood of a Fed rate hike as Iran crisis intensifies
Treasury yields are approaching the highest levels seen since the Iran war started in February as oil price rises and odds of a Fed rate hike narrow.…
The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals had a total of more than $85 billion in taxsheltered retirement accounts Source：MarketWatch
Here’s how to use salary-transparency laws to get paid more
Virginia and Maine are the latest states pushing employers to disclose salary in their job listings. Source：MarketWatch
The chip sector’s recent calm is masking a turbulent outlook in the options market
Relatively high volatility readings for chips warn there could be further downside — and that it’s not yet worth the risk to buy the dip. Source：MarketWatch
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.…