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Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higher
The AI lending company says it’s enhanced its model to better assess the risk of borrowers. Source：MarketWatch
Chipotle pulls jalapenos from some locations after salmonella investigation. Here’s what to know.
While Chipotle’s stock slid on Tuesday, it said health investigators had “no ongoing concerns” with the chain after it removed the jalapenos. Source：MarketWatch
Novo Nordisk stock is sliding again — and the Wegovy pill’s surprise miss is partly to blame
The Danish drugmaker also revealed an improved outlook for the year. Source：MarketWatch
McDonald’s admits its value meals have become too confusing
The fastfood chain said too many promotions at once led to confusion for staff and customers alike. Source：MarketWatch
These charts suggest the S&P 500 is looking like a bargain. Take them with a grain of salt.
Stocks are expensive and cheap at the same time. That’s the strange spot the S&P 500 finds itself in: It’s sitting at a fresh alltime high on Tuesday, yet the…
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
The richest 20% are buying most of the new cars sold in the U.S.
The AIfueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying. Source：MarketWatch
Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record
Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.…
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams…
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source：CoinDesk