The U.S. economy is barreling ahead — but there’s one big problem
The largest part of the U.S. economy grew at a rapid pace just ahead of the holiday shopping season, but business leaders were not in a festive mood due to…
Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell. Source:Cointelegraph
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to sameday options. Andy Baehr of GSR argues perpetual futures belong in…
Micron and other chip stocks slip as election results strike at the core of data-center optimism
Democratic victories in Texas and other states raise longterm questions about the AI buildout, though they do not “unwind projects already funded.”…
Qualcomm sat out the semiconductor rally. Can a SpaceX partnership change that?
The company is furthering its expansion outside of the handset market — by powering Starlink Mobile. Source:MarketWatch
Three things that explain what’s changing with Obamacare in 2027
Affordable Care Act premiums are increasing again, and these plans have new rules. Source:MarketWatch
Big Tech’s $500 billion spending spree leaves a lot less for shareholders
AI is changing the bargain between large technology companies and their shareholders, Source:MarketWatch
ADP says businesses added 86,000 jobs in October. The labor market shows small signs of improvement.
More industries are hiring, but employers are still cautious. Source:MarketWatch
Tesla and SpaceX shares slide as Musk’s political push falls flat
The billionaire spent hundreds of millions of dollars on the U.S. election. Now, investors are worried about less favorable policies under new Democratic…
Treasury opens the door to changes in how it finances the growing U.S. debt. Here’s what you need to know.
Some potential changes that may take place after the next several quarters. Source:MarketWatch
Datadog’s stock extends steep declines in the wake of earnings
Datadog failed to top expectations with its revenue forecast. Source:MarketWatch
Think the Fed will be done after two more rate hikes? How Friday’s jobs report may trigger a major market repricing.
Unexpectedly hot jobs data could affect the number and timing of future rate hikes Source:MarketWatch