What IBM’s profit warning means: Hardware is ‘eating everyone’s lunch’
The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes. Source：MarketWatch
Wall Street has set a sky-high bar for companies to clear this earnings season. They just might pull it off.
Analysts have set a skyhigh bar for secondquarter earnings. However, Piper Sandler thinks corporate America can still clear it. Source：MarketWatch
Skip the lettuce, cook your other greens and more advice on avoiding cyclosporiasis
The outbreak of cyclosporiasis, which causes diarrhea, has sickened about 6,700 people since May. Source：MarketWatch
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment…
The next boost to Apple’s stock could come from an iPhone price hike
Morgan Stanley estimates that the iPhone 18 lineup could see a $200 price increase from the previous generation. Source：MarketWatch
US, UK treasuries to align transatlantic rules on tokenization and stablecoins
The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.…
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to…
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it…
Officials are reportedly looking into Taco Bell, as source of parasite outbreak remains elusive
Shares of Yum Brands were down nearly 4% on Tuesday. Source：MarketWatch
JCB signs Circle MOU to test stablecoin payments in Japan
The companies will explore using USDC for JCB’s crossborder treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.…
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield passthrough model could pressure Circle's margins by shifting more reserve income to distributors.…
Your Social Security check could go up by $74 a month next year
Social Security’s costoflivingadjustment could be 3.8% in 2027, as inflation shows signs of cooling. Source：MarketWatch