SpaceX proposes a $24 billion Texas supercomputer and a gas plant
The $24 billion project, which includes an AI supercomputer in Texas with its own gasfired power plant, is about 17 times the value of SpaceX's bitcoin…
This retired professor has reinvented himself — as a Taylor Swift scholar
His niece convinced him to spend his retirement analyzing Taylor Swift lyrics. Now he’s a successful podcaster at 72. Source:MarketWatch
The AI trade is now counting on Anthropic’s IPO — but it couldn’t be happening at a worse time
The ongoing tech selloff is leading investors to wonder if Anthropic will delay its IPO or list at a discount. Source:MarketWatch
Suspicious prediction market activity seen before election poll release: NYT
Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph
Elon Musk opens the door for a big SpaceX acquisition
The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…
Micron’s stock is dirt cheap — and that’s igniting a fierce online debate
Valuation purists see a ridiculously inexpensive stock, but some semiconductor investors say Micron’s earnings power won’t hold up. Source:MarketWatch
My adviser recommended an annuity. Is it the right move in this market environment?
“I haven’t committed to the strategy yet and would appreciate some independent perspectives.” Source:MarketWatch
DraftKings’ expensive bet on prediction markets is crushing its stock
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition. Source:MarketWatch
What’s next for your portfolio after the decline in Big Tech stocks?
Also in Weekend Reads: Ideas for generating investment income, new tax brackets, buying a home with cash and advice from the Moneyist. Source:MarketWatch
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers statebystate, but firms like Kalshi are under court orders to do so.…
‘We’re losing to cottage cheese’: The protein-maxxing craze is hurting cream cheese sales
U.S. cottage cheese sales have more than doubled from levels seen in 2021. Source:MarketWatch