There are six stocks that hedge funds and mutual funds are both overweight — and SpaceX is one
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both shorttermfocused hedgefund managers and more longtermoriented…
Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid. Source:CoinDesk
Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards. Source:CoinDesk
Tesla’s stock jumps as the company gets ready for a robotaxi push
The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada. Source:MarketWatch
6 AI hardware stocks to own for the remainder of the year, according to an analyst
An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple. Source:MarketWatch
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting doubledigit gains as crypto stocks surged.…
Neocloud stocks like CoreWeave are having a moment — and time’s running out to cash in
The neoclouds are destined to be “cyclical leasing companies,” according to BCA analyst Noah Weisberger, which implies low valuations for the stocks.…
Bitcoin price reaches $72.5K as US issues ‘Economic D-Day’ threat to Iran
Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Source:Cointelegraph
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?
“He also has a brokerage account, but there’s only $500 in it.” Source:MarketWatch
The chip-stock rally hits a speed bump — but these analysts see reason to be hopeful
Previous instances of shortterm pressure on semiconductor stocks opened up opportunities for investors who bought the dip, according to one analyst.…
9 stocks to ride the industrial sector’s blazing rally
Industrial stocks have gotten expensive, but here are some with the most attractive growth prospects. Source:MarketWatch
Bitcoin price hits 11-week high as US Treasury doubles debt buyback size
Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from…