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
Global asset manager Schroders brings emerging market bond fund to Solana
The global asset manager, which oversees $1.1 trillion in assets, is bringing an actively managed bond strategy onchain through tokenization specialist…
CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.
The healthcare giant surprised analysts with the decision to separate its business. Source:MarketWatch
Midterm elections deliver a ‘blue wave.’ The stock market sees green.
Wall Street finds reasons to cheer the Democrats’ sweep. Plus: Microsoft’s AIera buyouts and a retiree’s appetite for a “free lunch.” Source:MarketWatch
Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
SEC staff’s noaction letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status. Source:Cointelegraph
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.…
The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep
Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new…
ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds…
‘My life could be cut short’: I’m 55, married with $4.3 million and have a brain tumor. Should I buy a $210,000 custom Porsche?
“I also want to preserve the opportunity to leave a meaningful legacy for my two sons.” Source:MarketWatch
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade
Texas election result raises fears of data centre restrictions, while Musk and Palihapitiya draw attention to the space economy. Source:CoinDesk