SpaceX’s big AI advantage is why this analyst thinks the stock could double
The company is adding computing infrastructure quickly, an Oppenheimer analyst notes. SpaceX is also getting large technology players to pay handsomely for its…
Why Palantir’s stock is suffering its worst slump since February
After a strong postearnings rally in August, Palantir’s rich valuation multiple is under pressure once again. Source:MarketWatch
Rising yields aren’t scaring off investors. Why money is still pouring into bond funds.
The U.S. bond market has been under pressure amid a rise in Treasury yields, but money is still flowing into bond funds. Source:MarketWatch
Here’s another way rising bond yields could take a bite out of Americans’ wallets
Rising yields are a threat to the “Magnificent Seven.” Here’s why that could hurt U.S. consumers. Source:MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…
Wyoming adds Chainlink reserve verification to state-issued stable token
Wyoming is using Chainlink to bring nearrealtime reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial…
I offered to buy my friend a birthday drink. She ordered $180 worth of food and expects me to pay. Should I Venmo her for half?
“My offer was cocktails.” Source:MarketWatch
Crypto made new friends in U.S. primaries, but focus now shifts to general election
Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.…
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.…
Ondo urges SEC, CFTC to bring US stock perpetuals onshore
Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity…
Bitcoin’s apparent demand turns negative as price struggles with $77K
One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and…
Here’s how much Americans rely on Social Security — at all income levels
Social Security is really important for older Americans. It needs to be tweaked, not restructured. Source:MarketWatch