AI boom fuels inflation fears, complicating Fed’s next rate move
Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve…
Crypto VC Paradigm raises $1.2B to push into AI
Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund. Source：Cointelegraph
Mark Cuban-backed DeFi dashboard Zapper shutters after 7 years
Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak.…
Crypto could benefit if Fed steps in to backstop US stock market: Analysts
The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan.…
Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’
Jeans maker raises its fullyear outlook for the second straight time, but shares fall after hours Source：MarketWatch
Did you mess up on your taxes? The IRS just made it easier to avoid paying a penalty.
It’s a ‘major taxpayer win,’ according to one advocate inside the IRS Source：MarketWatch
This chart shows stamp prices over the years as USPS hikes postage again this weekend
The new rate will go into effect on July 12, and will be the eighth price increase over the last five calendar years Source：MarketWatch
Tokenized stock transfers surge 105% in a month to $8.4B
Industry data shows trading activity and market value accelerating as crypto companies and traditional financial institutions expand tokenized equity…
Nvidia’s stock trades at a juicy discount, according to BofA
An analyst recommends investors take advantage of the “enhanced” buying opportunity brought upon by sustained underperformance. Source：MarketWatch
Officials set to revise MiCA to cover non-EU stablecoin issuers: Report
EU officials reportedly plan to consider changes to the Markets in CryptoAssets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and…
More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?
Major semiconductor names have been falling hard as investors take profits following a blockbuster second quarter. Source：MarketWatch
Jeff Bezos’s space company may be seeking a valuation more than twice as big as Rocket Lab’s
Blue Origin is reportedly targeting a $130 billion privatemarket valuation, which would be just a fraction of SpaceX’s nearly $2 trillion market…