2 charts showing just how insane the stock market’s August ‘crash-up’ has been so far
Many investors were caught flatfooted when stocks suddenly jerked higher late last month, as a dramatic July momentum unwind ended with a hint of optimism.…
Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source:MarketWatch
‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a monthlong…
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong”…
17 S&P 500 companies with growing revenue and profit margins — and some of their stocks are cheap
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.…
SpaceX’s stock moves above its IPO price for the first time in almost a month
SpaceX shares have been clawing their way back in recent days but remain well off their highs. Source:MarketWatch
Taylor Farms recalls jalapeño-based foods in 26 states amid ongoing salmonella outbreak
The farming giant said this includes salsas, guacamole and pimento cheese dips. Source:MarketWatch
Solana lending giant Jupiter now lets the same dollar earn twice
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow…
The stocks of these ‘toll takers’ could be the AI boom’s next big winners
The next boom could be in stocks of companies collecting recurring revenue from AI workloads. Source:MarketWatch
Barrick’s stock slides after dispute settlement sets the scene for IPO of mining company’s gold assets
Mining giant Barrick announced Monday that it has reached an agreement with goldmining company Newmont to combine some of their mines — helping to support an…
Apple’s stock could underperform, especially without an ‘all-glass’ iPhone, this analyst warns
A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.…
Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.…