Three Asian central banks just partnered with Ripple on a sweeping stablecoin initiative serving 111 million people, but XRP investors may not like what the fine print actually says about their token's role.

The FTSE 100 Index has pulled back over the past few days, falling from this month's high of 10,891 to its current level of 10,670. The retreat continued this week as top companies like Barclays released their earnings and crude oil prices jumped.

Gold will continue to benefit from the debasement trade despite its recent weakness, but precious metals investors would do well to diversify, as the yellow metal hasn't provided effective protection against recent stock market pullbacks, according to market strategists at HSBC Asset Management.

NEW YORK--(BUSINESS WIRE)--Affluent Americans say they need $2.6 million to retire comfortably, according to new HSBC research conducted by Ipsos. This savings target is up 26% over last year. The survey of 9,993 affluent and high-net-worth investors across 10 markets1 finds that US respondents have saved just 52% of that goal on average, revealing a significant gap between retirement expectations and financial preparedness. Even older generations are short of their target. Boomers have saved 7.

CoreWeave Inc. (NASDAQ:CRWV) shares closed at $61.39 on Monday, about 56% below their 52-week high of $139.93. HSBC sees more downside ahead for the AI cloud provider.

Debt-funded AI cloud providers are back under pressure as concerns about borrowing costs spread across the group. First of all, CoreWeave (NASDAQ:CRWV) shares are down 4% to $58.67 in morning trading.

CoreWeave shares fell more than 5% in premarket trading on Tuesday as oil prices climbed above $110 a barrel, reviving concerns about risk assets after US stocks recovered on Monday following last week's losses. S&P 500 futures were down 0.09%, while Nasdaq 100 futures fell 0.5%.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.