Asian AI, chip stocks tumble as higher yields revive valuation concerns

Treasury yields are approaching the highest levels seen since the Iran war started in February as oil prices rise

Muni yields were cut on Thursday, as U.S. Treasuries saw slight weakness and equities ended lower. Processing Content Muni yields were cut by three to seven basis points, depending on the scale USTs saw yields rise up to two basis points. Munis are in “regroup mode,” according to Kim Olsan, senior fixed income portfolio manager…

Yesterday, on August 3rd, CNBC host Jim Cramer declared he would sell all his Bitcoin (BTC) holdings due to fears about Quantum computing. On July 31st, Cramer interviewed Arvind Krishna, CEO of IBM, who stated that Quantum computing would eventually be able to break into the cryptographic algorithms that run the crypto ecosystem, including the…

Many lenders offer cash-in-pocket incentives for you to switch your loan over. Here’s what to know. It might not feel like it if you’re a hopeful home buyer banging your head against the Household Expenditure Measure or the serviceability buffer, but lenders really do want your business. Introductory rates, offset accounts and low fees are…

Prediction markets spent much of the past year fighting legal battles. This week, the focus shifted elsewhere: governments discussed new regulatory frameworks, trading platforms expanded distribution, and institutional firms continued building dedicated businesses around the asset class. Malta Wants Its Own Rulebook for Prediction Markets Malta is exploring a dedicated regulatory framework for prediction markets…

Highland Park, IL and Overland Park, KS round out the top three.  Demand from highly compensated employees of the San Francisco Bay Area’s AI companies earns Noe Valley the No. 7 spot among Redfin’s hottest luxury neighborhoods this year. Strong demand, despite elevated costs, is outpacing supply in many high-end neighborhoods, making these areas stand…