What’s next for your portfolio after the decline in Big Tech stocks?
Also in Weekend Reads: Ideas for generating investment income, new tax brackets, buying a home with cash and advice from the Moneyist. Source:MarketWatch
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers statebystate, but firms like Kalshi are under court orders to do so.…
‘We’re losing to cottage cheese’: The protein-maxxing craze is hurting cream cheese sales
U.S. cottage cheese sales have more than doubled from levels seen in 2021. Source:MarketWatch
Hims & Hers struck a GLP-1 deal with Lilly. Its stock is rallying.
As part of the agreement, Hims said it won’t compound GLP1 medications like Zepbound in the future. Source:MarketWatch
Layoffs with dignity? Why these tech companies are offering free laptops and LinkedIn Premium.
Some tech companies are giving more generous severance packages, but here’s what to keep in mind. Source:MarketWatch
Nvidia, AMD and other chip stocks rebound. Is the ‘violent’ AI selloff over?
Analysts warn of further volatility ahead, though there are two new factors that work in the AI trade’s favor. Source:MarketWatch
These three stars need to align before investors rush back into stocks, Bank of America strategist says
Despite the steep drop in equity markets this week, investors should wait for several developments in other asset markets before rushing back into stocks,…
The crypto industry has found new ways to grow. Making money from them is another story
Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape…
The S&P 500 has become a big AI bet. Here are some simple alternatives.
The largecap index is nowhere near as diversified as you think. Source:MarketWatch
Thailand moves to block Bitget as crypto exchange's local acquisition faces uncertainty
Thailand’s SEC filed a criminal complaint against Bitget’s operator, alleging it ran an unlicensed crypto exchange for Thai users from 2022 to 2025.…
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.…
U.S. added 165,000 jobs in October, blowing past 65,000 estimate
The unemployment rate unexpectedly fell to 4.1%. The strong showing surely puts a December rate hike in play, but next week's inflation numbers and the fate of…