Energy stocks remained in focus this week as investors assessed quarterly results from Occidental Petroleum (OXY), ConocoPhillips (COP), Devon Energy (DVN), ONEOK (OKE), Phillips 66 (PSX), EOG Resources (EOG), and others. The latest results strongly suggested that the energy sector Source link
Brazil’s central bank orders exchanges to delay large crypto transfers abroad
Brazil’s central bank will require crypto exchanges to delay some customer transfers to foreign platforms and self-custody wallets for up to 24 hours as part of new anti-fraud rules. The requirement takes effect Jan. 1, 2027 under Resolution BCB No. 584/2026, published Aug. 7. The rule applies when a customer…
Some of the urgency is gone for a Fed rate hike in September after a soft jobs report
Greg Robb Greg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000. Source link
Why Bitwise predicts a $1.3M Bitcoin price target fueled by institutions
Bitcoin will draw trillions of dollars from institutional investors over the next decade as financial advisers, family offices, pension plans and sovereign wealth funds begin to view it as a mainstream financial asset, Bitwise Chief Investment Officer Matt Hougan told CoinDesk. The first professional investors to allocate at scale will…
Todd Blanche confirmed as next attorney general
Anna Moneymaker/Getty Images News The Senate Republicans narrowly confirmed Todd Blanche as the next U.S. attorney general early Saturday morning, putting President Donald Trump’s former personal lawyer in charge of the Department of Justice. The Republican-led Senate voted 50-49 to make Blanche the second Source link
T. Rowe Price defends memecoin exposure in new crypto ETF, calling it a blockchain ‘stress test’
That testing has implications beyond speculative trading. As stablecoins move further into mainstream finance, networks will need to handle everything from multi-million-dollar transfers to everyday consumer payments. “It needs to be cost-effective to send $100 million in stablecoins,” Macellari said. “But it also needs to be cost-effective to send $3.”…
Cloud capex forecast calls for 29% jump in 2027 as compute demand exceeds capacity: MS
400tmax/iStock Unreleased via Getty Images Capital expenditures by the world’s largest hyperscalers are not slowing down and are expected to increase 29% year over year in 2027, according to Morgan Stanley’s Global Cloud Capex Tracker. The consensus estimate for cloud capex in 2027 stands at $1.2T, but Source link
How much could £7,200 in a Stocks and Shares ISA be worth by 2030?
A Stocks and Shares ISA is a popular and flexible way to grow wealth tax-efficiently over time. All capital gains, dividends, and interest inside the wrapper are free from tax, which makes compounding much more powerful than in a standard savings account. Unlike a Cash ISA, account holders can direct…
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The U.S. Senate is finally leaping into the first procedural votes on the crypto Digital Assets Market Clarity Act, after the leadership moved early Saturday to start official floor action on the crypto market structure bill, marking the farthest progress yet for the industry’s central policy effort. But this key…
Here’s how hard some experts think Tesla stock might crash…
The Tesla (NASDAQ: TSLA) stock price has taken a bit of a dive. Since the start of 2026, it’s down close to 30%. Considering the beating that Space Exploration Technologies (better known as SpaceX) has taken in the weeks following its IPO, is CEO Elon Musk’s magic starting to fade?…