Chip stocks are closing in on a bull market. Here’s why some analysts are nervous.
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there’s no guarantee all those orders will be…
The 10 housing markets where the most sellers have listed their homes for less than what they paid
In some Sun Belt areas, nearly 1 in 5 sellers is asking for less than what they paid. Source：MarketWatch
Rich Americans are propping up the travel economy as airfares soar 25% higher than last year
The cost of plane tickets has soared over the past year, but consumer demand has yet to slow down during this summer travel season. Source：MarketWatch
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…
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin and Etherlinked income funds, to Goldman Sachs Asset Management. Source：Cointelegraph
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…
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds roundtheclock exposure to the US equity benchmark as it builds out its multiasset offering. Source：Cointelegraph
Now China wants to become the shop floor for the Muslim world
Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap…
Will Trump accounts and grandparent 529s bring down the price of college in the future?
Caps on student borrowing could also play into how America pays for college. Source：MarketWatch
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.…
Chili’s has hopped on the chicken-sandwich bandwagon, and it’s driving big sales gains
The number of chicken sandwiches sold at Chili’s locations has increased 175% — and shares of its parent company are now trading at record highs.…
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons,…