26% of Gen Z Investors Now Treat Sports Betting as a Wealth Strategy
A Betterment survey finds 26% of Gen Z investors count sports betting as part of their deliberate wealth plan, versus 14% of millennials, raising retirement savings questions.
Bank Leumi to Offer Bitcoin, Ether and Solana Trading From Early 2027
Israel’s largest bank will integrate Bitcoin, Ether and Solana trading into its Leumi Trade app starting early 2027, using Galaxy Digital’s custody and execution infrastructure.
US CPI Cools, UK GDP Grows, and 30-Year Yields Hit 25-Year High
Bloomberg’s weekly global economy charts show US core inflation at 2.5%, UK GDP up 0.3%, and a 30-year Treasury auction pricing at 5.216%, the richest yield since 2001.
Rockwell Automation Pushes AI Into Factories, Data Centers and NASA’s Artemis II
Rockwell Automation’s Q2 FY2026 results show double-digit growth in its Logix platform as AI, robotics and cloud software reshape factory floors, a Texas data center and NASA’s moon mission.
S&P 500 Tops 7,800 as Cool Inflation and Intel’s $20 Billion Raise Fuel AI Rally
Cooler CPI and PPI data pushed the S&P 500 above 7,800 for the first time, while Intel upsized its stock offering to $20 billion and Nvidia gained as Fed rate-hold odds rose to 67%.
Iran and Oman Near Hormuz Shipping Deal as Brent Crude Jumps 6%
Iran and Oman are close to a deal on managing Strait of Hormuz traffic as attacks continue and Brent crude climbs nearly 6% amid the ongoing Iran-US conflict.
Nvidia’s $21B SpaceX Stake Becomes Its No. 2 Holding After Intel
Nvidia discloses a 122.8 million share stake in SpaceX worth $21 billion, its second-largest investment. Here’s what the filing reveals and what it means for investors.
Dow, S&P 500 Slip From Records as Retail Sales Unexpectedly Drop
US stocks pulled back from record highs after a surprise decline in retail sales and a jump in oil prices, even as Reddit surged 12.6% on S&P 500 inclusion news.
US Vows ‘Never-Seen-Before’ Sanctions on Iran as Drone Losses Mount in Six-Month War
Treasury Secretary Scott Bessent says unprecedented economic measures against Iran are coming, as officials estimate the US lost 45 MQ-9 Reaper drones worth over $1 billion in the conflict.
Wall Street Hovers Near Record Highs as Retail Sales Miss, Reddit Soars 14.7%
S&P 500 stays near record levels despite weak retail sales data. Reddit jumps 14.7% on S&P 500 inclusion news while Applied Materials falls 4% on high expectations.