Crypto market maker Wintermute launches US broker-dealer
Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Source:Cointelegraph
Sweetgreen recalls jalapenos, details how cyclospora outbreak will weigh on sales
The salad chain’s shares tumbled after hours, but it said it doesn’t use iceberg lettuce and only uses jalapenos in two dressings. Source:MarketWatch
Power struggle erupts at Ondo Finance after founder’s death
Three Delaware court filings reveal a battle for control of Ondo Finance after founder Nathan Allman's death. Source:CoinDesk
Trade Desk shares tumble on earnings miss and weak outlook
Trade Desk’s growth struggles deepened in the second quarter, as the company posted an earnings and revenue miss combined with disappointing guidance.…
Following primary loss, crypto PACs invest $1.5M in 3 US state races
The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary…
Gold prices are breaking higher after a tough stretch. Could fresh records be within reach?
Gold miners’ stocks can offer a highquality play for investors worried about inflation and the Fed. Source:MarketWatch
How to wish Social Security a happy 91st birthday
Let’s all agree that, going forward, we’ll stop saying that Social Security will “run out of money” in 2032. Source:MarketWatch
How to use options to trade stocks around an earnings announcement
What volatility measures are saying about the S&P 500’s rally to record highs. Source:MarketWatch
The last time value stocks beat growth by this much was 2022 — the year of the last major bear market
Value is leaving growth behind at a pace rarely seen outside major market downturns. The twist: This is a bull market. Source:MarketWatch
As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow. Source:MarketWatch
Micron’s stock claws back to buck the memory-chip selloff
While Sandisk and Western Digital shares were down, Micron erased its intraday losses. Source:MarketWatch
Chipotle’s stock extends its declines, but analysts aren’t sweating the jalapeno scare
“History has repeatedly shown that the sales impact of foodborne illness tends to be fleeting for restaurants,” one analyst noted. Source:MarketWatch