American Express: Premium Customer, Stablecoins, Tokenized Credit

This article was written by Follow I’m a Ukraine-based seasoned investor, who firsthand experienced what’s it like to live in an environment full of systemic geopolitical shocks when the war came to my home country. Despite this, I managed to build an all-weather portfolio that has been able to thrive in volatile markets. My goal…

Indoor pickleball club operator Goodland Pickleball has secured two new club locations in New York City, Commercial Observer has learned.  The long-term leases span a total of 30,100 square feet within Class A buildings in Williamsburg, Brooklyn, and Rego Park, Queens. Goodland, which secured its first indoor New York City club in Brooklyn’s Greenpoint neighborhood…

Several lenders have increased mortgage pricing as swap rates continue to rise. According to Chatham Financial, the two-year swap was 4.258% as of 22 July, up from 3.993% last month, while the five-year swap has risen from 4.034% to 4.316%.  This has resulted from the escalating conflict between the US and Iran and the closure…

Nvidia (NVDA +2.04%) is starting to get lost in the crowd. The artificial intelligence (AI) bellwether remains on top of the market cap list, but its performance lately has been underwhelming. Nvidia ended July essentially where it started. The stock’s 8% year-to-date gain and 13% increase over the past year trail the market on both…

Most of the world’s top cryptocurrencies, including Bitcoin (BTC +1.04%) and Ethereum (ETH +0.36%), have struggled over the past year as inflation, fears of interest rate hikes, and other macro challenges drove investors toward more conservative investments. Bitcoin, which set a record high of over $126,000 last October, now trades at around $64,000. Ethereum, which…

The AI trade has been the single biggest force in the market, and nowhere is that clearer than in semiconductors. The chips that train and run artificial intelligence sit at the center of trillions of dollars in spending, and even after a bumpy stretch this summer, the build-out shows no sign of slowing. The smartest…