The bull market for stocks is defying everything, but Bank of America warns that an autumn reality check is coming
The midterm elections and a potential end to the Iran war could present challenges to this bullish stock market, Bank of America strategists said.…
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a…
Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming
CXMT, the Chinese memorychip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in…
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.…
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bearmarket reversal signal that was also present at the start of 2023. Source：Cointelegraph
How Bank of America and three other lenders could win big from Scott Bessent’s and Kevin Warsh’s bond-market machinations
It looks like Federal Reserve Chair Kevin Warsh and Treasury Secretary Scott Bessent are acting in a coordinated way to reduce longterm bond yields, according…
PayPal’s stock sinks as suitors reportedly walk away from their takeover bid
Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own. Source：MarketWatch
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend. Source：CoinDesk
Truckers are finally making real money again, and AI is a big reason why
Datacenter construction is one of the factors behind a trucking boom that has pulled the industry out of a freight recession. Source：MarketWatch
Is Anthropic worth $2 trillion? Here’s how the company is trading in a new tokenized market.
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic Source：MarketWatch
Should I use my financial institution’s free advisers or hire an independent?
Buyer beware: There’s no shortcut for getting proper financial advice. Source：MarketWatch
On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices
Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market. Source：MarketWatch