This one governor’s race could derail the AI trade that’s powered the stock market
Here’s the Nov. 3 contest that “presents the biggest electionspecific risk,” analysts say. Source:MarketWatch
At the White House, crypto policy vacancy looms large
The departure of President Donald Trump's crypto adviser, Patrick Witt, leaves the digital assets office vacant and its policy aims uncertain. Source:CoinDesk
Big pharma stocks near all-time highs as tech selloff pushes investors toward safer bets
Shares of AbbVie, Eli Lilly and Gilead Sciences are trading at or near record highs. Source:MarketWatch
Are we spending our retirement money in the right order? Our plan is: Social Security, annuities, cash — then IRA.
Spending all your cash first can make your income surge in later years. Source:MarketWatch
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company cofounded by Bo Hines benefited from the passage of the GENIUS stablecoin bill. Source:Cointelegraph
Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now.
The continued selloff in the AI trade is forcing investors to ditch highflying tech for relative safety of government bonds, even as hot inflation threatens to…
Sweden revisits digital krona as ECB advances digital euro plans
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreigncurrency stablecoins and the future of…
Tesla may finally debut a flying car today, after testing fans’ patience for nearly a decade
Elon Musk is set to reintroduce the Roadster sports car, possibly equipped with SpaceX thrusters. Source:MarketWatch
CoreWeave investors are feeling spooked, as the company’s stock and bonds see fresh pressure
It’s getting more expensive for investors to buy protection against a CoreWeave default. Source:MarketWatch
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first…
Bitcoin slips under $80K after US PPI gains most in four years
BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain…
Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules
Source:CoinDesk