‘I’m afraid of human stupidity’: Why this top economist prefers U.S. tech and gold over bonds
A prominent economist doesn’t fear artificial intelligence, but fully embraces it in portfolios. He feels far differently about government debt.…
Citi tells investors it’s time to sell Moderna after 600%-plus stock gains
Revenue and profit forecasts fail to justify the hype baked into Moderna’s share price, according to Citi’s analysts. Source:MarketWatch
The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’
If ownership data is split across a token wrapper, a specialpurpose vehicle (SPV), a broker’s internal ledger and a transfer agent's offchain database, we are…
OpenAI, Google and Meta pledge outside AI audits under voluntary White House deal
Six companies signed a safety pact covering hacking and biological threats, with no penalties or deadline for putting the checks in place. Source:CoinDesk
Metaplanet directors push back against shareholder fury over a controversial executive payout plan
Independent directors cite management’s financial risk and restructuring role, but leave questions about Gerovich’s exercised shares and MMXX Ventures…
Live updates: Bitcoin below $84,000 ahead of PCE inflation data, Micron earnings
Traders are waiting on the Fed's favored inflation gauge after a month of oildriven ratehike bets that sent 30year Treasury yields to their highest since 2002.…
One group of funds is holding up the stock market. Barclays says oil prices have to fall to drive a year-end rally.
Strategists at the bank said a rally at the end of the year would likely depend on oil prices lowering or stabilizing even as the historically bestperforming…
OpenAI seeks $30 in funding at whopping $1.4 trillion valuation after delaying IPO
The ChatGPT maker is pursuing fresh funding after delaying its public listing, while expanding its AI tools despite mounting safety concerns. Source:CoinDesk
Tuesday’s market moves was one of the more disturbing days of late, says Goldman Sachs pro
Beneath the languished moves in the main stockmarket indexes, there were some disturbing features. Source:MarketWatch
Robinhood announces AI agent for customers that trades around the clock, plus 10x crypto perps
Robinhood users could soon access an AI agent that trades on behalf of them even at 2 am. Plus, they will get to trade crypto perpetuals. Source:CoinDesk
Kalshi in advanced talks to raise new funding at $40B valuation: Reuters
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.…
Bitcoin rally shows signs of cooling even as a 'bull score' gauge nears its perfect score
A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling. The buyers who drove BTC to an eightmonth high are already pulling back.…