S&P 500 changes are coming soon. These stocks could be named to the index today.
Twilio, Bloom Energy and Cheniere Energy are among the top contenders to join the S&P 500 in the upcoming quarterly rebalancing. Source:MarketWatch
Rising interest rates pose a major threat to stock prices and other assets
How “Bondmageddon” may reset financial markets. Source:MarketWatch
Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.
Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.…
AMC CEO tells Robinhood to stop issuing stock token as industry executives weigh in
Adam Aron said synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights, drawing support from some tokenization…
A Democratic midterm sweep could make bonds the fourth-quarter contrarian play, says B. of A.’s Hartnett
Lower growth assumptions and weaker stocks would enhance the appeal of bonds, says equitymarket strategist and “Flow Show” author. Source:MarketWatch
From warning to listing: UK’s largest retail investment platform opens access to crypto ETNs
The U.K.'s largest retail investment platform, Hargreaves Lansdown, has reversed course following the FCA's decision to lift its retail ban on crypto ETPs in…
U.S. Sheriff’s association shifts opposition stance to Clarity Act to 'neutral'
The law enforcement association said it has pivoted its position regarding the Clarity Act to neutral, months after it warned against a law it said would…
Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoinrelated services.…
Token buybacks are booming. But are they good for crypto projects?
Crypto projects are spending hundreds of millions buying their own tokens. But are buybacks creating lasting value — or just making tokens look more valuable…
Tesla’s stock falls as Cybercab launch lands with a thud
The company’s Cybercab rollout won’t be as broad as some investors had hoped. Source:MarketWatch
U.S. added stronger than expected 162,000 jobs in August as labor market bounced back
This morning's report will be key as the Fed considers whether to raise interest rates at its September policy meeting. Source:CoinDesk
Volkswagen’s stock gets boost from plan to double job cuts to 100,000
The German car giant’s supervisory board unanimously approved a plan which envisaged slashing about 50,000 positions. Source:MarketWatch