The big surprise for the second half could be the AI trade powering higher. Why it wouldn’t take much.
HSBC strategists say the persistent scrutiny of the artificial intelligence trade could be met with surprise this year, if valuations of those stock start to…
SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit
The group built trust via WhatsApp, then misappropriated user funds to Hong Kong bank accounts instead of executing any actual crypto trades. Source:CoinDesk
Quant funds just suffered their most crippling trading rout this year as momentum stocks flopped
Although the last week has been painful for quant funds, asset allocators remind investors that it’s important to look at returns over a wider timeframe. So…
SEC wins $5.4M judgment in NanoBit crypto fraud case
The SEC alleged that NanoBit’s crypto trading platform was fake and that hundreds of thousands of dollars in investor funds were misappropriated.…
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Securitize heads to NYSE debut after investors approve SPAC merger
The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded pureplay tokenization companies.…
Trump’s weekend Iran strikes keep sparking Monday stock rallies. Here’s what the data shows us.
Call it the ‘Axios put’: On average, stocks have been up more on Mondays in the second quarter than in recent years Source:MarketWatch
Wall Street is bracing for a wave of Fed rate hikes that may never come. These sectors stand to gain.
Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised. Source:MarketWatch
Can AI drain DeFi? Separating Claude Mythos hype from reality
Claude Mythos has raised concerns about AIdriven attacks on DeFi protocols. However, the same AI tools are also available to security teams, not just…
‘I claimed Social Security at 62’: At 76, I’m working at Walmart. Why do I still owe payroll taxes?
“It seems like half of the workforce at our local Walmart is over 65.” Source:MarketWatch
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source:CoinDesk
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