AI stocks are probably in a bubble — but might be worth holding onto, says Citadel’s Ken Griffin
Investors are for sure facing “bubbles,” but Ken Griffin isn’t telling investors to dump those stocks/ Source:MarketWatch
Ripple brings Wall Street into 24/7 stock bets, but HSBC warns markets are still thin
Institutions can trade through Ripple Prime and post RLUSD as collateral. Finding enough buyers and sellers for large positions could prove harder.…
Bitcoin hovers around $83,000 as AI earnings revive tech, ZEC jumps 11%
Strong results from SpaceX and Super Micro sent Asian chip stocks surging, and ZEC led crypto higher after developers set a date for its next network upgrade.…
Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold
A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X. Source:Cointelegraph
Why SpaceX’s stock is surging — and lifting the broader AI universe along with it
SpaceX just gave Wall Street a big reason to believe in the AI boom as demand for its computing power is off the charts. Source:MarketWatch
Super Micro’s stock soars after surprise update — with Dell and HPE shares joining the rally
Super Micro unexpectedly disclosed that its revenue and profitability could be much stronger than originally anticipated. Source:MarketWatch
Tesla’s stock rises as Elon Musk drops new clues about a possible SpaceX merger
Special committees at both companies are assessing merger prospects but a combination is no sure thing, Musk says. Source:MarketWatch
Utah AG sues Kalshi, pursues profits from prediction market company
Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.…
U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance
A Commodity Futures Trading Commission task force is scheduled for October 28 to talk about how the latest "super intelligence" technology may impact markets.…
Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.” Source:MarketWatch
Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next
Unlike bearmarket bottoms, which typically end with a spasm of despair as traders throw in the towel, bullmarket tops are far more gradual and less dramatic.…
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondarymarket trading as the SEC’s public comment period comes to a close.…