Cryptocurrencies
BlackRock Says Bitcoin’s Portfolio Role Is Changing: Why 1-2% Matters
BlackRock syas Bitcoin is becoming complementary diversifier for portfolios, with modest allocations potentially balancing upside exposure and risk.
Alphabet Joins the Dow While its Stock Takes a Hammering
Alphabet joins the Dow on June 29, replacing Verizon, as a 6% stock crash from AI talent losses raises questions about Google's competitive edge.
CBOE Launches Prediction Markets With S&P 500 Binary Contracts
CBOE unveiled prediction trading products and said Charles Schwab will soon offer the contracts through its brokerage platform.
SpaceX Came Back to Earth — and Took Elon Musk’s Trillionaire Status With It
Elon Musk is no longer a trillionaire. A sharp fall in SpaceX shares has pulled his net worth down to $957 billion from a peak of $1.32 trillion.
Oil Slips as Supertankers Resume Hormuz Transit Under Fragile Iran Deal
Brent fell 1% as supertankers resume Hormuz transit. Mines and diplomatic fragility keep a full oil flow recovery uncertain.
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