Wall Street just suffered a historic crash in highflying stocks. Why a quick tech rebound could be a trap.
A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG’s Jonathan Krinsky.…
Nearly half of small-cap and midcap stocks are losing money
Wall Street is evolving into a winnertakeall contest. Source：MarketWatch
Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT
The FT said Situational Awareness had approached investors and lenders after borrowing amplified losses during July’s AI stock selloff. Source：Cointelegraph
‘Don’t get suckered like I did’: I paid $185 to the wrong passport website. Can I get my money back?
“I will file a complaint with the Better Business Bureau.” Source：MarketWatch
Why you shouldn’t worry about the stock market’s break below its 50-day moving average
Movingaverage timing systems stopped working several decades ago. Source：MarketWatch
Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the…
Crypto exchange Luno cuts 20% of staff amid automation push and retail trading slumps
The DCGowned company previously cut 35% of staff in January 2023 citing tough market conditions. Source：CoinDesk
The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure. Source：MarketWatch
My friend and her husband own extensive real estate. How can her children from a previous marriage get their fair share?
“Her husband is open to a trust, but he wants to be the administrator.” Source：MarketWatch
‘The View’ Host Joy Behar finally finds a buyer for $7 million Hamptons home after 2 years
“The View” host Joy Behar has found a buyer for her longtime Hamptons residence—nearly two years after the elegant dwelling was first brought to the market.…
Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks
S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud…
Samsung delivers record-setting profits, but the shares still can’t catch a break from investors.
Although supply constraints are still severe and demand for its memory chips relentless, there is still skepticism among investors about the longevity of the…