US stocks are overvalued because of unrealistic expectations for AI-powered economic growth, Vanguard says

Investors expect an AI economic boom to happen quicker than it likely will, Vanguard said.Getty Images; Jenny Chang-Rodriguez Investors are too optimistic about the near-term prospects of AI, Vanguard said. Firms would... Read more »

Past rate cuts indicate potential crypto bull market catalyst — 21Shares

Speaking at the annual Jackson Hole Symposium, Federal Reserve Chairman Jerome Powell sent his strongest signal yet that interest rate cuts are on the immediate horizon. The price of Bitcoin (BTC) rallied... Read more »

PleasrDAO files preliminary injunction against Martin Shkreli

PleasrDAO, a decentralized autonomous organization that acquires digital and unique art on behalf of its members, has filed a preliminary injunction seeking to prevent Martin Shkreli from sharing or disseminating the one-of-a-kind... Read more »

Why Roku Stock Rallied on Friday

Shares of Roku (NASDAQ: ROKU) charged out of the gate Friday, jumping as much as 14.2%. As of 12:34 p.m. ET, the stock was still up 12.3%. The catalyst that propelled the... Read more »

El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys

El Salvador, the first nation to adopt Bitcoin as legal tender, has continued to aggressively accumulate the cryptocurrency.  According to recent data from blockchain analytics platform Arkham Intelligence, the Salvadoran government has... Read more »
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