Nike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done sliding
BofA analysts say they now expect falling sales through May, dashing prior hopes for a “spring inflection.” Source:MarketWatch
A 10% risk-free yield? For some, yes.
This could be a bargain, especially for very high earners and those in hightax locations. Source:MarketWatch
This is why you might see 8% mortgage rates soon
Also in Weekend Reads: The bond market selloff’s consequences for AI, a threat to the buyandhold investment style and advice from the Moneyist.…
Choosing these AI-exposed college majors could dent your job prospects — and lower your pay
At a time when many college students say they are rethinking their academic focus because of AI, new findings supply hard data on the potential costs of these…
How do I know when to ask someone out? I’m 21 and I don’t want to waste my money or my time.
“What signs of mutual interest should someone realistically look for?” Source:MarketWatch
Micron investors should get ready for a seesaw ride, analyst says
The timing of an Nvidia product ramp may require a balancing act for Micron investors, as some estimated revenue shifts toward next year instead of this year.…
Apple’s expensive new iPhones could be a double-edged sword for the company
Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of…
Tesla’s stock falls as launch of Semi truck fails to excite investors
Autonomous trucking represents a compelling opportunity for Tesla, but it’s unclear what the company’s initial Semi targets look like. Source:MarketWatch
Crypto Biz: Wall Street and crypto fight for the same turf
Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs. Source:Cointelegraph
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.…
Strategy proposes daily dividends to bring STRC back toward $100
STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks. Source:CoinDesk
My friend is terminally ill. Should she sell her rental home and pay $100,000 in capital gains?
“Her younger son lives in the condo, but wants to move elsewhere with friends.” Source:MarketWatch