Articles

: Supreme Court’s student loan decision could be a blueprint for blocking SEC’s war on crypto

Crypto advocates are looking to the Supreme Court to stop the SEC's regulatory crackdown on the industry.

The Tell: Why the Fed may be less likely to oppose a stock market rally than investors think — ‘unless it gets out of hand’

A new paper indicates policy makers have a different take on U.S. financial conditions than widely assumed, says Evercore. That's a big deal for markets.

: White House says cocaine found in ‘heavily traveled’ part of West Wing, and it’s confident Secret Service ‘will get to the bottom of this’

White House press secretary Karine Jean-Pierre on Wednesday addresses the news that cocaine was found Sunday in a West Wing common area.

The Ratings Game: AI likely to propel Microsoft into the ‘$3 trillion club’ early next year, analyst says

Microsoft Corp. could soon join Apple Inc. as a $3 trillion company, helped by future gains propelled by AI and ChatGPT, Wedbush analysts said on Wednesday.

Economic Report: U.S. jobs report expected to show 240,000 new jobs in June

Wall Street has been forecasting a big slowdown in hiring, but the economy keeps producing heaps of jobs. Here's what to watch in the June employment report.

Cannabis Watch: Analyst cuts Canopy Growth’s price target to $0

Eight Capital sees Canadian cannabis company burning through cash in the next year absent any 'drastic interventions' or speedier cost cuts

: One analyst makes a case for the ‘FTC’s non-case’ against Amazon

Baird's Colin Sebastian argues Amazon's successes are based primarily on "unique vision, keen investments, and a strong engineering orientation" --- not anti-competitive behavior. 

The Margin: Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

The Instagram spin-off is set to launch Thursday, just days after Elon Musk made several more controversial Twitter changes.

Market Extra: China ETFs fall after services sector data, deepening losses this year as U.S. stocks, emerging-markets funds rise in 2023

Exchange-traded funds that invest in Chinese stocks were trading down Wednesday afternoon, deepening the ETFs’ losses this year after data showed China’s services sector cooled in June and as investors face heightened geopolitical tensions between the country and the U.S.

The Margin: This K-pop group is now outselling BTS

The group Seventeen's latest album has sold more than 6 million copies — a record for the K-pop genre.

: Meta’s Threads could be a ‘Twitter killer’ — or could be a dud

Threads, reportedly set to debut Thursday, is being hailed as a Twitter killer. But a deeper look at Facebook/Meta's track record of imitators reveals mixed results.

Futures Movers: Oil prices rise on reports Saudi Arabia has said it’ll do ‘whatever necessary’ to support oil

Oil futures head sharply higher on Wednesday, finding support after Saudi Arabia's energy minister reportedly said that the kingdom will do whatever is necessary to support the oil market.
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