Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce
Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses. Source:MarketWatch
Dow clinches its worst September start since 2008 as history repeats itself
The Dow Jones Industrial Average on Tuesday posted its worst performance during the first 10 days of September since 2008. Source:MarketWatch
Crypto stocks sink after Senate rejects Clarity Act
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a longawaited market structure bill. Source:CoinDesk
The Fed’s expected interest-rate hike on Wednesday could be the start of something more troubling for investors
Investors are largely anticipating the Fed will raise its benchmark interest rate on Wednesday, but a single rate hike is not what’s creating angst on Wall…
SpaceX’s Starship is finally set for orbit. A lot is riding on its success.
Next week, SpaceX plans for Starship to complete six orbits of the Earth during a nearly 10hour flight. Source:MarketWatch
Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60vote hurdle. Source:CoinDesk
Crypto Clarity Act flames out in failed U.S. Senate vote
The yearslong effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60vote hurdle.…
US Senate fails to advance CLARITY Act
The failed procedural vote leaves the CLARITY Act facing an uncertain future after months of negotiations over crypto oversight and ethics provisions.…
The best time to book your flight home for the holidays? Yesterday.
Thanksgiving, Hanukkah and Christmas are still months away — but travel experts are advising those heading home for the holidays to book their flights now.…
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets. Source:CoinDesk
Stocks have so far survived rising Treasury yields. But that may be about to change.
Strong earnings growth has cushioned the stock market from rising yields. But everrising bond rates may eventually take a toll. Source:MarketWatch
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government…