This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
Yields ranging from 6% to 8% on tech bonds provide more competition against stocks than before. Source:MarketWatch
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery. Source:CoinDesk
This Halloween, are king-sized candy bars a better deal than fun-sized ones?
Several TikTokers influencers claim you can save money and be the coolest house on the block with bigger candy this year. Let’s see how that adds up.…
AMD’s stock slides after Intel earnings reveal two big issues
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD is suffering from…
This one chart tells you everything you need to know about Exxon, Chevron and BP’s forecast-beating earnings
One slide in ExxonMobil’s investor presentation after its thirdquarter earnings explains the financial situation for the integrated oil giants very neatly.…
Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you.
A rough month in the technology sector was less spooky in other sections of the stock market. Source:MarketWatch
Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a techstock selloff, as momentum indicators pointed to a possible rebound. Source:Cointelegraph
AI could hit consumers’ ability to manage their debt. Here’s the trade.
If AI causes workers to lose their jobs then households face credit stress Source:MarketWatch
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch
‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me?
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.” Source:MarketWatch
THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene. Source:Cointelegraph
Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack
Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.…