My husband and I are in our 50s and have no kids. We have $2 million in IRAs and 401(k)s. Do we really need a will?
“We have no debt and own our primary home, a vacation home, as well as my mother’s home in another state.” Source：MarketWatch
As the S&P 500 nears a new record high, there are signs of weakness below the surface
About 60% of the stocks in the S&P 500 are down more than 20% from their alltime highs. Source：MarketWatch
These beaten-down stocks could bounce back in January, if history is any guide
Taxloss selling is likely to lead these 20 stocks to become artificially depressed in the fourth quarter — and therefore good bets to bounce back in the new…
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
“On each of these weekends away, she’s probably spending $500.” Source：MarketWatch
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a crossborder CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Source：Cointelegraph
Novo Nordisk’s stock tumbles as doubts persist about Ozempic maker’s strategy
The drugmaker, best known for developing weightloss and diabetes drugs, failed to excite investors hoping for a turnaround. Source：MarketWatch
Amazon and Shopify make starkly different moves in the brewing battle over AI shopping
While Amazon is shutting out Meta’s Muse, Shopify is partnering on payment technology with the buzzy AI assistant. Source：MarketWatch
Why this investment bank expects little demand for tokenized stocks despite SEC’s new trading rules
TD Cowen expects limited demand for tokenized stocks despite new SEC rules opening a path for trading outside traditional markets. Source：CoinDesk
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new inkind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.…
Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again
The digital assetaligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to…
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks. Source：Cointelegraph
Meta’s stock is enjoying its best month in more than two years thanks to the company’s hot new AI assistant
Muse is gaining popularity and helping convince investors that Meta’s AI bets are paying off. Source：MarketWatch