Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's ETrade, said it's planning on refiling and hoping for a swift resolution. Source：CoinDesk
Hawaii crypto ATM ban to take effect on Oct. 1
Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to…
Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum. Source：MarketWatch
Chip stocks are closing in on a bull market. Here’s why some analysts are nervous.
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there’s no guarantee all those orders will be…
The 10 housing markets where the most sellers have listed their homes for less than what they paid
In some Sun Belt areas, nearly 1 in 5 sellers is asking for less than what they paid. Source：MarketWatch
Rich Americans are propping up the travel economy as airfares soar 25% higher than last year
The cost of plane tickets has soared over the past year, but consumer demand has yet to slow down during this summer travel season. Source：MarketWatch
Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months
Gold settled at a twomonth high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room…
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.…
Chili’s has hopped on the chicken-sandwich bandwagon, and it’s driving big sales gains
The number of chicken sandwiches sold at Chili’s locations has increased 175% — and shares of its parent company are now trading at record highs.…
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons,…
SpaceX’s stock is getting a Grok-fueled boost
The company is best known for rocket launches but has big revenue goals for its AI business. Source：MarketWatch
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according…