Fortinet’s stock is taking a dive after earnings. Here’s why.
Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments. Source：MarketWatch
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source：MarketWatch
Here’s what just sent Oracle’s stock soaring
The company’s new financial targets paint a rosier picture of its AI economics than investors had feared. Source：MarketWatch
CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'
The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution.…
Elon Musk says he can build a wireless carrier in two to three years. Is that possible?
Verizon says there is ‘no magic wand,’ but analysts note SpaceX may be targeting some shortcuts. Source：MarketWatch
Gen Z voters told us the midterms will boil down to affording life, not social issues
MarketWatch talked to younger voters who said many life goals feel unattainable for their generation. Source：MarketWatch
Fed leaves interest rates unchanged, as expected
A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target. Source：CoinDesk
Crypto PAC spending before midterms possibly obscured after reported FEC hack
The FEC reported an “electronic filing system outage” on Tuesday as groups are expected to ramp up spending before the US midterm elections.…
Phantom launches Kalshi-powered prediction markets for US users
The crypto wallet’s new integration offers CFTCregulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.…
Crypto Long & Short: What happens when an AI agent pays for the wrong thing
The largest card networks now sit in the top governance tier of x402, the standard that AI agents use to pay for things online. Albert Castellana of GenLayer…
Google Cloud outlines MPC service for institutional Bitcoin custody
Google Cloud has detailed its preview MPC service for institutional Bitcoin custody as it holds a New York symposium focused on digital asset security.…