Tesla’s Cybercab moment is coming. Elon Musk needs to prove the car isn’t just hype.
Tesla is about to hold a launch event for the Cybercab, which doesn’t have pedals or a steering wheel. Source：MarketWatch
‘I’m desperately trying to plan ahead’: I’m leaving everything to my grandson, who has severe mental illness. How can I protect him?
“I previously served as an executrix for a neighbor and spent hundreds of hours and more than $10,000 of my own money on estate expenses.” Source：MarketWatch
America’s renter generation is trying to build wealth by investing in stocks instead of owning a house
They have a new personal finance script they are following — that doesn’t include a white picket fence. Source：MarketWatch
ADP says businesses create the fewest new jobs in 7 months. Hiring slowed in the summer.
ADP said U.S. businesses created just 36,000 new jobs in august, a second small increase in a row that pointed to a slowdown in hiring during the summer.…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source：MarketWatch
Bart Simpson pattern feared for bitcoin and XRP as prices pull back
Analysts discuss the cartoonthemed price action as prices for major cryptocurrencies wilt. Source：CoinDesk
Chevron outlines $7 billion plan to expand in Venezuela
Chevron says it will expand its operations in Venezuela, following the Trump administration’s move for a Pentagonbacked plan to develop the country’s oil…
MongoDB shares tumble despite strong earnings on ‘disappointing’ news for investors
Investors were most likely disappointed by the company’s Atlas multicloud database seeing the same revenue growth for the fifth quarter in a row.…
Stocks that rise when the S&P 500 falls are weirdly keeping up with the rest of Wall Street
Socalled ‘negativebeta’ stocks are thriving and offer a way to ride out volatility events, says one strategist. Source：MarketWatch
Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93
Bitcoin fell 1% since midnight as Brent jumped past $93 and Treasury yields climbed toward 4.8%. Source：CoinDesk
Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts
The former prime minister said U.K. is among the worst examples of rising debt and warns the situation may have gone too far. Source：CoinDesk
Europe’s largest airline warns of jet-fuel prices at $140 this winter as it cuts capacity
Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating the realeconomy impact…