Mideast oil exports are recovering. Fresh attacks in Saudi Arabia show risks remain.
More oil is flowing out of the Persian Gulf again, with exports approaching prewar levels. So why are prices so stubbornly high? Source:MarketWatch
Bitcoin corrects below $82K after Tesla Q3 results, KOSPI falls
Bitcoin reversed a run toward $85,000 after Tesla reported lowerthanexpected capital expenditure in Q3. Source:Cointelegraph
Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion
The preIPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for…
Why a JPMorgan strategist says the stock market’s tailspin might have run its course
Hedge fund positioning has lightened considerably since its recent September peak, and JPMorgan strategists deduce from this that downside for stocks is now…
Football legend Peyton Manning has invested millions in real estate, including 2 Denver homes
NFL legend Peyton Manning has traded his days on the football field for a quieter life with his family, and has amassed an impressive real estate portfolio…
Asian stocks tumble, bitcoin retreats as China enters bear market
Technology shares led regional losses as mixed U.S. earnings unsettled investors and Brent crude climbed above $112 a barrel. Source:CoinDesk
Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers
Barclays on Thursday said it’s cutting 5,000 jobs, about 5% of its workforce, as the bank relies on artificial intelligence to perform backoffice tasks.…
Top HSBC strategist has a warning for retail investors chasing the AI rally
Maxx Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing.…
Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.…
My father-in-law, 81, sold his $75,000 home and paid off his daughter’s $50,000 debt. What happens to him now?
“Nothing has been set aside for his needs.” Source:MarketWatch
This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a…
Tesla’s stock falls as Elon Musk leaves investors wanting more
SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday.…