XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
The token fell 5% last week while BTC, ETH and SOL climbed. Source:CoinDesk
U.S. stock futures dip as investors await inflation data, grapple with more Iran uncertainty
U.S. stockindex futures were little changed on Sunday, after new demands from Iran raised fresh doubts about the Strait of Hormuz reopening anytime soon and as…
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since midApril, with BlackRock’s IBIT taking the bulk. Source:CoinDesk
S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge.
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance. Source:MarketWatch
The number of stocks beating the S&P 500 is the highest in 4 years. Why that number should rise.
For the first time in four years, the average stock is beating the stock market. Source:MarketWatch
US Senate to vote on advancing CLARITY Act in September after Thune files cloture
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.…
‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?
“Right now, we’re withdrawing about $100,000 a year from our investments.” Source:MarketWatch
Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain
Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work. Source:MarketWatch
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source:CoinDesk
How can we minimize taxes in retirement with a $2.3 million nest egg — while buying homes in Florida and New England?
Timing is everything when balancing retirement distributions and moving across state lines. Source:MarketWatch
Here’s why Wendy’s is losing the burger wars
Wendy’s new CEO is embarking on a turnaround initiative, while acknowledging that issues around food quality and service have turned customers away.…
SpaceX’s Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say
Nvidia could bump SpaceX to “the front of the line” when it comes to its limited supply of chips, according to Bernstein. Source:MarketWatch