There’s a new record number of 401(k) millionaires as retirement savings hold at all-time highs
Retirement savings hovered at record highs in the second quarter, pushing the number of 401(k) millionaires to a record as investors focused on their longterm…
Nvidia’s stock is climbing as investors get more confidence in an expanding base of AI customers
Dell’s earnings showed that demand for AI hardware extends beyond major cloud providers. Source:MarketWatch
US officials work with CrowdStrike to fight malware behind crypto theft
Federal authorities and privatesector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years.…
DOJ says Hamas crypto seizures reached $560,000 as FBI took over fundraising sites
FBI agents took control of domains and servers, specifically Alqassam.ps, to intercept donations and prevent further fundraising for the AlQassam Brigades.…
How GoPro went from viral camera sensation to a victim of smartphone ubiquity
Advancements in smartphone technology have made GoPro cameras irrelevant to “anyone beyond hardcore sports enthusiasts or professional creators,” one analyst…
Coinbase launches regulated crypto derivatives in Canada
Coinbase is offering eligible Canadian traders perpetual and dated futures with up to 10x leverage as major US trading platforms expand their crypto presence…
Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors
Broadcom shares have gained just 6% so far this year, lagging behind the broader chip sector, which has risen 60%. The company’s outlook offered minimal upside…
HPE follows in Dell’s footsteps as it rides the AI server boom to a big earnings beat
Unlike Dell, HPE focuses on enterprise and sovereign customers, which one analyst noted have a better profit profile. Source:MarketWatch
Snowflake’s stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth. Source:MarketWatch
Kraken parent Payward delays IPO to second quarter of 2027 at earliest
The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market…
Why Palantir’s stock is suffering its worst slump since February
After a strong postearnings rally in August, Palantir’s rich valuation multiple is under pressure once again. Source:MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…