AI capex could hit $1.6 trillion next year, says fund manager who sees more echoes of 1998 than the dot-com bust
A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital…
Another AI lab is burning through cash as Tencent earnings rise
It’s not just American artificialintelligence companies burning through cash as they roll out evermore advanced models. Source:MarketWatch
Can I claim 50% of my husband’s Social Security now — and switch to my higher benefit at 70?
“I would like to offer a piece of advice for women who are or have been married.” Source:MarketWatch
Musician John Oates sells his idyllic Colorado ranch for $6.9 million
Rock ‘n’ roll legend John Oates, best known as half of the duo Hall & Oates, has sold the Aspen ranch he has owned for 35 years. Source:MarketWatch
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
Public miners are an underappreciated source of supply hitting the market right at the margin. Source:CoinDesk
A stock just surged on news Situational Awareness had bought it. But its current fate is unclear.
Financial market disclosures made by Situational Awareness, the oncesoaring hedge fund that had to liquidate its portfolio of stocks, moved a stock on…
Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
The exchange is joining a tokenized stock market that has grown 600% in a year, though its products offer price exposure rather than share ownership.…
Harmony’s ONE dives 26% after an attack appears to mint tokens equal to quarter of supply
Harmony said in Asian morning hours it is working with exchanges to freeze funds and preparing a software fix. Source:CoinDesk
Dogecoin and BNB lead majors higher as bitcoin slips near $63,700
DOGE gained almost 3% to 7 cents and BNB 2% to $614, while bitcoin was the only major in the red on both the day and the week. Source:CoinDesk
Super Micro’s earnings report brings more good news, and the stock is climbing
The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as…
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
Weeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said. Source:CoinDesk
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source:CoinDesk