Wells Fargo just cut its S&P 500 price target. Will others follow?
In what may be a first since the early days of the war between the U.S. and Iran, a Wall Street firm is lowering rather than raising its S&P 500 yearend…
An AI bubble is no longer Wall Street’s biggest fear. This market risk just took its place.
Global fund managers are more worried about a “disorderly rise” in bond yields than a bubble for AI, says Bank of America’s latest survey. Source：MarketWatch
The ‘Magnificent Seven’ has its mojo back. It’s on track to reach new highs.
Much of the megacap tech group is enjoying a rally, says one analyst. Source：MarketWatch
To ensure permanent economic innovation, we must pass the Clarity Act now
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (DMich.)…
It might be time to consider the ‘most hated, under-owned asset class,’ says this strategist
Vincent Deluard, market strategist at StoneX, recommends pairing British equities with a trade that shorts the euro against the Japanese yen. Source：MarketWatch
Factory robots long posed a safety threat to human workers. One company says it has solved that problem.
Ahead of an expected publicmarket debut later this year, Agility Robotics says it has cracked the code and devised humanoids that can work safely alongside…
Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source：CoinDesk
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.…
Here’s the best way to invest in bonds for the long term, according to these five-star portfolio managers
A fixedincome team at Morgan Stanley say investing in distressed debt and frontier localmarket investing have helped drive solid returns for their fund.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source：CoinDesk
US House crypto tax package omits mining, staking reward deferral
The 114page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing rewardtax timing unchanged. Source：Cointelegraph