‘It’s truly a tragedy’: My daughter hasn’t spoken to me for 4 years, but it has nothing to do with politics
“You’ll have to trust me when I tell you that she had love, support and opportunities.” Source:MarketWatch
Hedge funds are doubling down on Big Tech even after summer volatility triggered a massive portfolio cleanup
Hedge funds entered the second quarter allin on the AI trade, but have begun to diversify their portfolios lately. They’re dipping into healthcare, energy and…
Legendary film editor Billy Weber of ‘Miss Congeniality’ and ‘Top Gun’ lists historic L.A. home for $4 million
Film editor Billy Weber’s tranquil Los Angeles home has hit the market for $3.99 million. Source:MarketWatch
Sports betting to build wealth is becoming the new American dream
More people under 30 are using gambling as a shortcut to buying a home or paying student loans Source:MarketWatch
The bond market is going to burst the stock-market bubble
Rising yields threaten everything, especially overextended equities. Source:MarketWatch
Moderna’s personalized mRNA shot could reshape the fight against skin cancer — but it may also be overhyped
Doctors and patients are excited about the possible breakthrough, but some analysts believe there’s too much hype. Source:MarketWatch
Neocloud stocks like CoreWeave are having a moment — and time’s running out to cash in
The neoclouds are destined to be “cyclical leasing companies,” according to BCA analyst Noah Weisberger, which implies low valuations for the stocks.…
If rising rates were enough to end a bull market, we’d have entered a bear market long ago
The “Fed Model” has turned bearish — how much should you care? Source:MarketWatch
Apple has gotten too predictable. Can its next CEO bring back the element of surprise?
Wall Street is hoping that John Ternus will shift Apple’s AI strategy by spending more, pursuing larger mergers and doubling down on innovation.…
‘Ghost offices’ and long wait times: Social Security workers demand $3 billion and 20,000 hires
“The public is going to have a harder and harder time accessing these benefits,” union official said. Source:MarketWatch
The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longerdated Treasury bonds.…
The biggest loser from the Treasury’s latest buyback plan: The U.S. dollar. Here’s why.
An important pain threshold has been crossed, one currencymarket expert warns. Source:MarketWatch