MongoDB’s stock is down more than 20% as CEO decamps to Meta
Meta is creating an enterprise platform business that aims to make it easier for developers to use its products. CJ Desai, formerly of MongoDB, will head up…
The stock market usually booms in the November-to-April stretch. This indicator suggests otherwise.
Jim Paulsen thinks lagged indicators suggest the usual ‘best buying season’ for stocks may not be applicable this time and backtesting his model to 1970 shows…
AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns
AI agents could trigger a bank run by automatically moving household cash from lowinterest checking accounts to higheryield alternatives, Slok warns.…
Taking Ozempic? A routine eye exam could help you understand your risk for vision loss.
Some research suggests that GLP1 drugs may raise the risk of a rare eye disease that causes full or partial vision loss. Source:MarketWatch
SpaceX is moments away from monumental Starship launch
The company is getting closer to making the rocket fully reusable. Source:MarketWatch
BTC price eyes best Q3 in nine years: Three things to know in Bitcoin this week
Bitcoin fell below $83,000 to start the week amid USIran war developments but remains up more than 40% for Q3 ahead of key inflation and jobs data.…
Nvidia makes a statement with historic $150 billion buyback announcement
The company intends to repurchase a large amount of shares through January 2028, reflecting “confidence in the longterm opportunity ahead.” Source:MarketWatch
A pullback is brewing, say these strategists who have examined every drawdown since 1956
While a modest correction is probable in the nearterm, RBC Capital Markets’ analysis of previous significant market drawdowns finds many of the telltale signs…
Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
Franklin Templeton’s tokenized money market shares can be used as collateral for USDT or USDC trading credit lines on Bybit while earning yield on the…
How Muse and other AI agents could spark a bank run, according to an economist
The note was brief, but the implications are big: The chief economist of privateequity giant Apollo Global Management thinks agentic AI could spark a bank run.…
The history of this market bad breadth signal points to ominous risks ahead
Not since the dotcom bubble have stocks thrown up this concerning metric. Source:MarketWatch
Bitcoin falls to $83,000 while altcoins unwind Friday's rally
Bitcoin fell 1.7% to $83,000, though the CoinDesk 100 dropped 2.6% as Friday's biggest gainers reversed and oil climbed back above $100. Source:CoinDesk