Elon Musk opens the door for a big SpaceX acquisition
The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…
Micron’s stock is dirt cheap — and that’s igniting a fierce online debate
Valuation purists see a ridiculously inexpensive stock, but some semiconductor investors say Micron’s earnings power won’t hold up. Source:MarketWatch
My adviser recommended an annuity. Is it the right move in this market environment?
“I haven’t committed to the strategy yet and would appreciate some independent perspectives.” Source:MarketWatch
DraftKings’ expensive bet on prediction markets is crushing its stock
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition. Source:MarketWatch
Bitcoin price dips under $75K as crypto markets miss tech-stock rebound
BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interestrate hike. Source:Cointelegraph
What’s next for your portfolio after the decline in Big Tech stocks?
Also in Weekend Reads: Ideas for generating investment income, new tax brackets, buying a home with cash and advice from the Moneyist. Source:MarketWatch
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers statebystate, but firms like Kalshi are under court orders to do so.…
‘We’re losing to cottage cheese’: The protein-maxxing craze is hurting cream cheese sales
U.S. cottage cheese sales have more than doubled from levels seen in 2021. Source:MarketWatch
Hims & Hers struck a GLP-1 deal with Lilly. Its stock is rallying.
As part of the agreement, Hims said it won’t compound GLP1 medications like Zepbound in the future. Source:MarketWatch
Layoffs with dignity? Why these tech companies are offering free laptops and LinkedIn Premium.
Some tech companies are giving more generous severance packages, but here’s what to keep in mind. Source:MarketWatch
Nvidia, AMD and other chip stocks rebound. Is the ‘violent’ AI selloff over?
Analysts warn of further volatility ahead, though there are two new factors that work in the AI trade’s favor. Source:MarketWatch