The 30-year Treasury yield is closing in on 5.2%. A surge to 6% could slam stocks.
Longbond yield spike is increasingly possible — threatening to deepen losses for popular longterm Treasury and TIPS ETFs. Source：MarketWatch
SAP’s stock rises on strong revenue, but analysts warn of guidance risks
The stock has dropped 40% since the start of the year on concerns that artificial intelligence may entirely disrupt the software company’s business model.…
Charter sees further ‘erosion’ of its internet business, sending the stock sharply lower
The company lost more broadband subscribers than expected, although it hauled in more than 400,000 new mobile lines. Source：MarketWatch
A panicking Fed is just what the bond market needs, says Bank of America’s chief strategist
New Fed Chairman Kevin Warsh probably needs to hike soon to reassure the long end of the Treasury curve, says Bank of America strategist Michael Hartnett.…
Can AI replace your financial adviser? Why bots still can’t match human judgment.
Before you ask AI how to invest $5,000, read this first. Source：MarketWatch
American Express rides a boom in Platinum cards to its strongest spending growth in years
Cardmember perks are resonating, an Amex executive says. “It’s really about access.” Source：MarketWatch
Farmers are already set for a $55 billion payday — why does Washington want to give them even more?
Lawmakers fuel the national debt crisis with an $11 billion farm bailout nobody needs. Source：MarketWatch
Verizon’s stock rises as earnings show the company is no longer a ‘hunting ground’
The wireless company beat subscriber expectations while pulling back on costly promotions. Source：MarketWatch
‘We are not romantically involved’: I’m marrying my platonic best friend of 20 years. Should I leave him my home?
“I own my home outright, have no children or other dependents.” Source：MarketWatch
Why fixing the housing crisis for under-40s could trigger 10% Treasury yields
Bond prices will dive as structural inflation builds, says hedge fund manager Source：MarketWatch
China is winning the war in the Middle East, and gold and the dollar will start to feel it, strategist says
China’s resilience in the face of the U.S.Iranian conflict has one strategist saying that gold will be the big winner and the U.S. dollar the loser from the…
Here’s how much revenue S&P 500 companies make from overseas
The U.S. stock market really is domestic — barely over a quarter of revenue from America’s top 500 companies comes from abroad. Source：MarketWatch