Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on cryptolinked equities, with Bitcoin miners and treasury companies also…
Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce
Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses. Source:MarketWatch
Crypto stocks sink after Senate rejects Clarity Act
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a longawaited market structure bill. Source:CoinDesk
Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60vote hurdle. Source:CoinDesk
Crypto Clarity Act flames out in failed U.S. Senate vote
The yearslong effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60vote hurdle.…
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government…
AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.
Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” Source:MarketWatch
What investors need to do — and mistakes not to make — in today’s uncertain world
Hedgefund founder Alec Litowitz says investor should make their identity about being adaptive, rather than trying to be right. Source:MarketWatch
Tech stocks haven’t been this cheap since the launch of ChatGPT. Should you buy in?
A potential AI slowdown has injected uncertainty into tech stocks, but some analysts believe the fears are overblown Source:MarketWatch
Wall Street may have gotten the ‘slower AI’ story all wrong
A world where AI companies slow their development isn’t necessarily bad for chip makers or great for software vendors. Source:MarketWatch
Medicare is using AI to approve claims. The result has been ‘alarmingly high denial rates.’
A pilot program using artificial intelligence to approve care for Medicare beneficiaries has resulted in high levels of denials and delayed decisions and…
Clarity Act's odds of passing plunge as Republicans reject Democrats' counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s nearterm prospects as negotiations remained stuck hours before a key Senate vote.…