Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus. Go to Source
Stock Investment
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Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value. Go to Source
BlackRock Bitcoin ETF inflows surpass ‘magnificent 7’ stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Go to Source
Roaring Kitty GME class action lawsuit dropped after 3 days
A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejudice” meaning he can file another similar lawsuit again in the future. Go to Source
TXSE ‘upstart’ stock exchange could become a crypto-friendly challenger
While there are many challenges for a new stock exchange in the U.S., many observers are optimistic about what it could mean for the crypto industry. Go to Source
New York Stock Exchange-backed Bakkt considers sale — Report
Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table. Go to Source
Crypto is second most popular investment asset in France: Survey
The survey was conducted at the request of the Organisation for Economic Co-operation and Development (OECD) in the spring of 2023. Go to Source
Frankfurt Stock Exchange includes crypto trading facility in strategy-2026
Deutsche Börse, the largest stock exchange in Germany, says it will accelerate the development of its blockchain-backed D7 digital securities registry and build a trading platform for digital assets. Go to Source
Token adoption grows as real-world assets move on-chain
From real estate and digital art to government bonds, tokenizing real-world assets is no longer a thing of the future. Go to Source
Stocks across Asia and Europe rise on Economic growth indicators
Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high. Go to Source
