After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.
Bill Hench, of First Eagle, stepped away from the artificialintelligence trade with smallcapitalization bets on a recovery of the U.S. housing construction…
Live news: Risk assets under pressure as bond selloff and oil rally intensify
Rising Treasury yields, surging energy prices and a stronger dollar weigh on bitcoin and tech, while silver falls below $59 an ounce. Source:CoinDesk
Bitcoin slips below $83,000 as Ethereum researcher's 'bunker mode' call divides crypto
Justin Drake's call to prepare for an AI break of wallet cryptography drew a mixed response as bitcoin slipped below $83,000. Source:CoinDesk
A true ‘nuclear renaissance’ is taking shape, and these stocks could be big winners
The nuclearenergy industry has been having a moment, but analysts say some companies look better positioned than others to capitalize on a wave of AIfueled…
Samsung just did something no tech company has ever done, and investors still aren’t satisfied
Since the stock peaked in June, Samsung shareholders have been unimpressed with record profits and shareholder return programs. Source:MarketWatch
ESMA gives crypto firms 3 months to exit non-compliant stablecoins
ESMA urged EU crypto firms to halt services involving nonMiCAcompliant stablecoins, giving regulators three months to address existing exposures.…
Oil prices are jumping again. How the S&P 500 has performed on days crude has seen big gains may be surprising.
The S&P 500 moves on days oil prices have gained 3% may come as a surprise. Source:MarketWatch
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Source:CoinDesk
French bonds are suffering through their worst decade since 1803 — and investors are bracing for more pain
The spread between France’s 10year government bond and Germany’s equivalent reached its widest last week in available Bloomberg data, dating back to 1990.…
Greece prepares to levy 10% capital gains tax on cryptocurrency
Crypto gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament in November. Source:CoinDesk
I’m a 68-year-old widow. My two adult children keep asking me for money. Are they taking advantage of me?
“I also have $310,000 in an IRA and $46,000 in savings. My house is paid off.” Source:MarketWatch
Simone Biles and Jonathan Owens find a buyer for $1.2 million Texas home—in less than a week
Olympic gymnast Simone Biles and her NFL star husband, Jonathan Owens, have landed a buyer for their sprawling Texas property—just days after listing the home…