As AI trade falters, Goldman Sachs says this lagging region is now positioned to outperform
Precisely because it has long been hamstrung by rigid labor markets and overregulation, European stocks may paradoxically be bigger beneficiaries of the AI…
‘We had the worst fight’: I want my husband to retire at 65, but I don’t want to lose his $280,000 salary. Is that unreasonable?
“We have $2.6 million, most of it in his 401(k) and IRAs, plus $450,000 in a brokerage account.” Source:MarketWatch
A failed trial for a heart drug casts shadow over rivals developing similar therapies
The full data from the closely watched clinical trial showed that the drug had no cardiovascular benefit even though it reduced Lp(a) levels. Source:MarketWatch
Analysts see no broader ‘contagion’ from $6.3B Binance hack
Binance’s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said. Source:Cointelegraph
NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race
Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market Source:CoinDesk
Corporate America’s profit numbers are just barely beating Wall Street’s expectations
S&P 500 companies’ earnings are mostly topping analysts’ estimates — but by the narrowest margin in roughly four years. Source:MarketWatch
Retirement is now part of the affordability crisis. Politicians should pay attention.
Americans are more concerned about retirement than ever, and some of their biggest fears can’t be fixed by individual behavior alone. Source:MarketWatch
The biggest takeaway from Berkshire Hathaway’s latest quarter isn’t the $357 billion cash or its stock buybacks
The dismal performance of Geico is the biggest takeaway from Berkshire Hathaway’s thirdquarter results. Source:MarketWatch
A new setback for the AI trade: Nvidia’s board is probing CEO Huang’s relationship with an alleged spy
Jensen Huang will remain in his role and cooperate with the investigation, though analysts say the matter could cloud over Nvidia’s stock for some time.…
Nvidia-led tech selloff weighs on crypto majors
Only five of the top 100 cryptocurrencies by market value are up 1% or more over the past 24 hours. That is the state of the market today. Source:CoinDesk
U.S. inflation, corporate earnings: Crypto Week Ahead
Your look at what’s coming in the week starting Nov. 9. Source:CoinDesk
Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June
Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off. Source:Cointelegraph