Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.
After past snubs, socialmedia site Reddit has landed a spot on the S&P 500, sending shares on an afterhours rally Thursday. Source：MarketWatch
Markets are looking eerily calm as investors chase FOMO rally
By nearly every headline measure, investors have never looked more relaxed in a year not short of wild rides. But that calm may not be as reassuring as it…
Workday’s stock sees a record surge. Could a buyout spark a software revival?
Shares of the HR software company rose 18% on Thursday on reports of a potential privateequity acquisition. Source：MarketWatch
‘I didn’t know what else to do:’ Patients take their health-insurance battles to Facebook and LinkedIn
Pushed to their limits, patients are turning to social media to plead for help getting their medical care covered. Source：MarketWatch
More than half of Gen Z redirected money away from investing and toward sports betting over the past year
The results of a recent survey from wealthmanagement platform Betterment are making America’s financial advisers cringe. Source：MarketWatch
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform…
SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.…
The average car loan is now $785 a month — and lasts for almost 6 years
Americans borrowed a record $211 billion to pay for their cars last quarter. Source：MarketWatch
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and…
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The thesis is that high yields on longterm U.S. Treasuries make nonyielding assets like bitcoin less attractive. Source：CoinDesk
Why September is the worst month of the year for the stock market
The introduction of pumpkinspice lattes to menus means the end of summer is approaching, along with positive vibes Source：MarketWatch
Sandisk’s stock is flying higher. Here are the new targets that are exciting Wall Street.
The memorychip company just offered revenuegrowth forecasts stretching to the end of the decade, and Sandisk expects to maintain its high profitability as the…