More than half of Gen Z redirected money away from investing and toward sports betting over the past year
The results of a recent survey from wealthmanagement platform Betterment are making America’s financial advisers cringe. Source:MarketWatch
SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that raised…
SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.…
SEC allows Franklin Templeton funds to invest in onchain money fund
The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.…
Brazil’s largest bitcoin treasury firm plans ETF with 95% allocation to Strategy's STRC
DIGY11 aims for annual distributions matching Brazil’s interbank rate plus 3–5 percentage points, net of costs, though investors' actual returns are not…
‘My husband and I are at odds’: Should we tap our home equity or sell stocks to build a $100,000 emergency fund?
“We have about $1.7 million invested but only around $20,000 in cash.” Source:MarketWatch
Bitcoin treasury company Metaplanet unveils BitBonds with $1.3 million private debt sale
The inaugural unsecured bonds offer annual interest of up to 4.3%, while exposing investors to metaplanet’s credit and bitcoinlinked balancesheet risks…
Lenovo profits soar past expectations on AI computers, servers and services
Lenovo Group on Thursday became the latest company in the buildout of artificial intelligence to report soaring profits that caught investors by surprise.…
Goldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street
Goldman Sachs announced Wednesday that it has agreed to buy Neos Investments, adding yet another ETF shop to its fastgrowing assetmanagement business.…
Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months
Gold settled at a twomonth high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room…
NYC council announces probe into ‘predatory marketing practices’ on prediction markets
Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing…
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.…