These beaten-down stocks could bounce back in January, if history is any guide
Taxloss selling is likely to lead these 20 stocks to become artificially depressed in the fourth quarter — and therefore good bets to bounce back in the new…
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
“On each of these weekends away, she’s probably spending $500.” Source:MarketWatch
Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building
Bitcoin has broken out to $86,000, but analysts say the next leg depends on whether spot buyers continue to show up as leverage builds. Source:CoinDesk
Novo Nordisk’s stock tumbles as doubts persist about Ozempic maker’s strategy
The drugmaker, best known for developing weightloss and diabetes drugs, failed to excite investors hoping for a turnaround. Source:MarketWatch
Amazon and Shopify make starkly different moves in the brewing battle over AI shopping
While Amazon is shutting out Meta’s Muse, Shopify is partnering on payment technology with the buzzy AI assistant. Source:MarketWatch
Why this investment bank expects little demand for tokenized stocks despite SEC’s new trading rules
TD Cowen expects limited demand for tokenized stocks despite new SEC rules opening a path for trading outside traditional markets. Source:CoinDesk
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks. Source:Cointelegraph
Meta’s stock is enjoying its best month in more than two years thanks to the company’s hot new AI assistant
Muse is gaining popularity and helping convince investors that Meta’s AI bets are paying off. Source:MarketWatch
AMD hits a major milestone as AI stocks blaze higher
On an intraday basis, AMD became the 14th U.S. company to see its market capitalization top $1 trillion. Source:MarketWatch
This is the ‘most underappreciated’ driver for Microsoft’s business, according to one analyst
Investors understand Microsoft’s cloudcomputing opportunities, but may not be giving enough credit to the revenue potential of its software business.…
ECB plans to buy tokenized bonds with its own funds
The European Central Bank rolled out a new system to link its payment system to blockchainbased financial markets. Source:CoinDesk
AI is a Pandora’s box that some CEOs seem wary of opening — at least with investors
Corporate America may be broadly using AI, but an analyst noted that some management teams are hesitant to bring it up with investors because it won’t…