Salesforce gets a chilly investor response to a $6 billion deal at a 58% premium
Salesforce said on Tuesday that it is making a nearly $6 billion acquisition at a 58% premium, but Wall Street’s response was frosty. Source:MarketWatch
Meet the college students trying to reverse an obscure ban on trading onion futures
In the U.S., investors can legally trade futures contracts tied to all sorts of commodities, from pork bellies to oil to the computing power needed to power…
Meta is back on offense — and its next move could signal higher AI spending across Big Tech
Meta could be the first major tech company this earnings season to foreshadow higherthanexpected AI costs for next year. Source:MarketWatch
What happens to Wall Street if CoreWeave defaults? JPMorgan checked the math.
Call it a sign of the times: A JPMorgan analyst is looking into the exposure banks will have if CoreWeave defaults on its debts. Source:MarketWatch
The AI boom is getting all the attention. We’re about to find out how the rest of the economy is holding up.
Earnings season shifts into higher gear, with fresh clues about consumer spending and the health of corporate America beyond the tech sector. Source:MarketWatch
JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.…
Why smaller stocks face worse prospects than the S&P 500 in the coming years
The Value Line Median Appreciation Potential has a good record forecasting smaller stocks’ returns. And the next four years look bearish. Source:MarketWatch
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.…
XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines
More than 6 billion XRP reached exchanges tracked by CryptoQuant in the 30 days to Oct. 19, the most since March. Source:Cointelegraph
Strategist Tom Lee says he’s buying the AI stock dip, and Cisco holds the key
Strategist Tom Lee says investors should not shrink from the pullback in stocks surrounding AI investment fears. He points to Cisco’s history as one reason to…
Live updates: Market jitters persist as the AI selloff deepens
South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.…
Bitget plans Thai crypto exchange acquisition weeks after $388M hack
The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator. Source:Cointelegraph