This Senate race where data centers are a crucial issue has more spending than any other midterm clash
Money is pouring in and funding intense, negative ads: “It’s everywhere, and you can’t escape it.” Source:MarketWatch
The bond market shrugged off two inflation shocks. Why stock investors should pay attention.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive…
Don’t buy this dip: Several signs suggest there’s more pain ahead for tech stocks
Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet. Source:MarketWatch
EchoStar’s stock looks like a stealthy way to ride the SpaceX wave, J.P. Morgan says
Investors aren’t giving EchoStar enough credit for the value of its future SpaceX stake or its potential to strike more spectrum deals, an analyst argues.…
Microsoft wants to make AI cheaper. Will investors actually see the savings?
Microsoft is betting that its custom chips can lower costs, but the AI equation is more complicated than that. Source:MarketWatch
AI investors have woken up to the bond market’s warning signs
Also in Weekend Reads: Robotic housekeeping, how to save on a wedding, and advice from The Moneyist. Source:MarketWatch
Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension.
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the…
Welcome to the ‘AI burnout trade’ — as investors grow tired of debating tech’s promises
AI is likely to pay off eventually, but investors are getting sick of all the handwringing over nearterm returns, analysts say. Source:MarketWatch
Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race
At least two industryaligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate. Source:Cointelegraph
Stablecoin remittances cost 84% less than traditional transfers, report finds
Borderless.xyz data shows major savings on crossborder business payments, with stablecoin transfers also settling faster than traditional international bank…
Here’s how the Fed should reveal its outlook for the economy
As Chairman Kevin Warsh looks to revamp the central bank’s communication strategy, the dot plot is ripe for change. Source:MarketWatch
Elon Musk may have just taken a major step toward consolidating his empire
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts…