CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat
The software sector is on pace to outperform the chip sector by a historic degree in the face of escalating AI fears. Source:MarketWatch
Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028…
Bitcoin tops $79K, oil falls as Trump says Iran war could end
Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the USIran war would end, pushing oil prices lower. Source:Cointelegraph
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30year mortgage rate upward. Source:MarketWatch
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch
AI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the AI trade are emerging at a particularly troubling time for investors. Source:MarketWatch
As AI companies call for a slowdown, here’s how Washington could pump the brakes
Washington is likely to move slowly, but there are catalysts that could make it act faster than expected Source:MarketWatch
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Inflation is sinking your high-yield savings account’s returns. Here’s one way to fight it.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now. Source:MarketWatch
Why the Social Security COLA is much ado about nothing
Social Security benefits will be largely stable in real terms. Source:MarketWatch
There’s every reason to slow AI development. But here’s why it probably won’t happen.
The risks of disaster are real. But who wants to give up those massive stock valuations? Source:MarketWatch