Investors have made big bets on tech stocks. Why one strategist just downgraded the sector.
Slowing flows into tech stocks as valuations deteriorate has one strategist lowering the firm’s rating on tech stocks. Source:MarketWatch
‘I earn $110,000 a year’: I lost my home in the Great Recession. I’m renting in my 50s. Why is that judged as failure?
“I lost my job and eventually my home — and it’s still hard.” Source:MarketWatch
‘Sopranos’ star Steven Van Zandt is selling his Greenwich Village penthouse for $19 million
Musician and actor Steven Van Zandt is ready to part with his Greenwich Village penthouse, hiking the price up by $4 million after initially listing it in June…
Chip bellwether ASML says customers are already asking to place orders — for 2030
The Dutch supplier for the semiconductor industry said there is strong interest in placing orders for 2029 and 2030. Source:MarketWatch
Fed’s Williams sees AI supply squeeze lasting beyond 2 years
New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.…
Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027
ZEC led a broad bounce among major tokens, and Korean chipmakers snapped a fiveday losing streak ahead of Thursday’s U.S. inflation data. Source:CoinDesk
Bitwise’s Hougan says Q3 charts point to ‘crypto spring’
Bitwise’s Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher. Source:Cointelegraph
Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%). Source:CoinDesk
How you can prepare for 6% bond yields
Savers and investors at current yields stand to benefit, but fears are growing about the rest of the economy outside of the AI boom Source:MarketWatch
Midterm voters haven’t seen this many housing proposals on the ballot in 20 years
Ballot measures aim to fix the housing crisis in various ways, from making it easier to build new homes, to cutting property taxes. Source:MarketWatch
Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours
Tokenized equities have reached nearly $3.3 billion in value as investors embrace roundtheclock access beyond Wall Street hours. Source:Cointelegraph
Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties
Fintech companies are catching on to how Americans are altering their financial habits, and they’ve created new products to try to meet the moment.…