You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source：MarketWatch
Lilly raises outlook for third time this year as Zepbound sales soar
The GLP1 drug continues to dominate the market for prescription weightloss drugs in the U.S. Source：MarketWatch
Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation…
NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.
The planned ICE[XYZ] venue would offer 24/7 perpetual futures on stocks, commodities and crypto, pending CFTC approval. ICE is investing in Trade[XYZ].…
Medicare used AI to pre-approve patient care, and it immediately led to a large drop in medical services
Medicare is testing the use of AI to conduct prior authorizations to target wasteful medical spending Source：MarketWatch
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
HOOD fell 3.3% on Wednesday, broadening its onemonth decline to more than 23%. Source：CoinDesk
Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline
About 1.56 million SOL sat on a validator that stopped earning, and the wallet still hasn’t named the firm that held its keys. Source：CoinDesk
‘There may be better investment options’: My church received $1.5 million from a parishioner. Is 3.75% interest enough?
“Given the size and longterm nature of this gift, we want to make sure the funds are managed prudently.” Source：MarketWatch
Thai Supreme Court rules bitcoin is property after thief challenges conviction
The court said bitcoin has a market price, can be cashed out and held by the public. It upheld a 10year sentence for a man who helped the robbers.…
ServiceNow stock is on track for its largest drop on record. But JPMorgan sees a bright spot.
Shares in the software company declined nearly 18% in premarket trading on Thursday as investors digested its thirdquarter earnings. Source：MarketWatch
‘Fancy cars hold no appeal’: My wife and I have a 99% chance of outliving our savings. Why don’t we spend it all?
“I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children or close family remaining.” Source：MarketWatch
NBA star LaMelo Ball is selling his $2.6 million luxury condo in Charlotte after leaving the Hornets
NBA point guard LaMelo Ball is making another major move: selling his $2.6 million home in one of Uptown Charlotte’s most exclusive residential buildings.…