Pending home sales sink to 25-year low as buyers flee high mortgage rates

More companies are formally objecting to having tokenized versions of their shares available on the stock platform proposed by cryptocurrency exchange OKX and the New York Stock Exchange’s parent, the Intercontinental Exchange. In a notice updated Monday, the joint venture between OKX and the Intercontinental Exchange (ICE), called OKXICE, reported receiving 16 notices of issuer objection from companies including Microsoft, Google’s parent company Alphabet and Goldman Sachs. The objections did not include specific reasons for the notice to OKX, but one expert told Cointelegraph that they could relate to “not knowing what happens to their price” on the proposed platform. Speaking to Cointelegraph on Tuesday, OKXICE co-chair and former New York Governor Andrew Cuomo said that these notices were “not objections,” citing the Securities and Exchange Commission (SEC) “opening up to a global 24/7 marketplace.” He characterized objections as some companies standing on the side of a pool while letting others jump in and test the waters for OKXICE’s tokenized stock model.

High US corporate earnings reports boosted stock markets and saw BTC price hit $83,300 before reversing at a 21-day trend line.

Shopify Inc.’s SHOP-T chief technical officer Mikhail Parakhin is departing the e-commerce giant after two years. Mr. Parakhin joined Shopify in 2024 to oversee the company’s engineering and data organizations, and to “push Shopify to the cutting edge” in machine learning and artificial intelligence adoption, the Ottawa-based company said in a release when he first joined. Since then, Shopify has embraced agentic AI to help its merchants sell products to customers via chatbot, a step which industry analysts have said has the potential to reshape the future of online shopping and advertising. Agentic AI refers to AI systems that can make decisions and use external tools with limited human supervision or instruction. Shopify confirmed Mr. Parakhin’s departure in a statement Tuesday morning. The company did not say when Mr. Parakhin is leaving or provide a reason for his exit. “Mikhail has left an indelible mark on the company and has helped us level up in engineering and machine learning. As he leaves, we’re grateful for his contributions and glad that he’ll continue as an adviser,” Shopify spokesperson Rebecca Feigelsohn said in an e-mail. Mr.

Simon King of Saturna Capital names two stocks tied to base metals, for investors who want to look beyond the beaten path for AI-related trades.

Research can prove a lot of facts, but that doesn’t mean it changes how people act.

Scott Kirby's comments on a national wealth tax and a near-100 % wealth and inheritance tax come as states debate new taxes on the wealthy.