Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibilliondollar breach is spreading beyond Binance. Source:CoinDesk
Amazon’s bold cloud forecast isn’t enough to stave off a stock drop
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s thirdquarter earnings Source:MarketWatch
Why Intel’s stock is sinking toward its worst drop in two years
Intel’s PC business is under pressure as memorychip prices dent demand and as corporate IT teams have less budget for laptops. Source:MarketWatch
A Starbucks turnaround is brewing — but perhaps not quickly enough
The coffee chain beat expectations on a key sales metric, but its stock was still moving lower. Source:MarketWatch
Binance loses $5.7 billion in largest crypto hack to date
Crypto prices are sliding on the news, with bitcoin falling back to $79,000. Source:CoinDesk
Sandisk sees revenue nearly quintuple — and its stock is heading higher
Sandisk’s earnings show that the company is growing quite profitably. Source:MarketWatch
The stock market’s best forecasting tool says returns over the next 10 years will be dismal
The average U.S. household’s equity allocation is at an alltime high, and that doesn’t bode well, according to the ‘Single Greatest Predictor’…
Microsoft to raise up to $25 billion in bond market as investors get pickier about AI debt binge
What’s changed since the summer is which companies investors want to back in the AI race — and at what level. Source:MarketWatch
What’s the first thing most people do with their 401(k) after they retire? Nothing.
Other tax repercussions crop up down the road because balances build up, and RMDs get complicated Source:MarketWatch
Polymarket suspended trading amid reports of user funds being drained
The prediction markets platform halted trading on Thursday after it reported one of its third party providers had been compromised. Source:Cointelegraph
‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf
The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eightmonthold conflict in the Middle East and its…
Alphabet’s stock just triggered a ‘death cross.’ Could the worst of the selloff be over?
A postearnings skid sent the Google parent’s shares sliding into bearish territory, but some trading signals hint at a turnaround. Source:MarketWatch