IBM just cut its outlook. Why its stock is bouncing higher anyway.
IBM’s official earnings report comes after a bruising profit warning last week. Source:MarketWatch
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue…
ServiceNow’s stock rises as earnings show momentum in cybersecurity
Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations. Source:MarketWatch
‘Owning a pet has become a luxury’ — vets worry about higher prices and shrinking pet population, survey finds
A Morgan Stanley survey shows that U.S. vet practices are growing sales by raising prices as they contend with fewer visits —a formula that analysts say is…
More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments. Source:MarketWatch
The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals had a total of more than $85 billion in taxsheltered retirement accounts Source:MarketWatch
Here’s how to use salary-transparency laws to get paid more
Virginia and Maine are the latest states pushing employers to disclose salary in their job listings. Source:MarketWatch
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.…
Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches
Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator…
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are…
New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary
Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core governmentethics piece.…
BitGo, OTC Markets plan tokenized securities access for broker-dealers
The proposed alliance would enable more than 150 brokerdealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody…