ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multimilliondollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Source:MarketWatch
U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity Source:MarketWatch
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source:MarketWatch
Here’s what just sent Oracle’s stock soaring
The company’s new financial targets paint a rosier picture of its AI economics than investors had feared. Source:MarketWatch
Sam Bankman-Fried wrote to actor portraying him in Netflix series
The former FTX CEO remains incarcerated as Irish actor Anthony Boyle portrays him in a series about the downfall of the crypto exchange and his relationship…
CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'
The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution.…
Gen Z voters told us the midterms will boil down to affording life, not social issues
MarketWatch talked to younger voters who said many life goals feel unattainable for their generation. Source:MarketWatch
Strategy shareholders approve daily dividends for four preferred stocks
The largest Bitcoin treasury company will begin daily dividend payments on STRC in November, with three other preferred securities following in January 2027.…
Fed leaves interest rates unchanged, as expected
A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target. Source:CoinDesk
Wendy’s buyout offer suggests the burger chain’s overhaul could be very expensive
Nelson Peltz’s Trian Fund Management has made a $1.4 billion offer for Wendy’s and says the company “requires significant capital investment” to get back on…
The U.S. government will no longer penalize American companies for making six popular peptides
It won’t take action against compounding pharmacies that make popular wellness products like BPC157 and TB500. Source:MarketWatch
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Bitcoin failed to move past its 50day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.…