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
Tampered Ledger reported in Singapore a month before news broke: Asia Express
Singapore police say tampered Ledgers started showing up there on September 10. South Korean lawmakers look set to delay the crypto tax law for a fourth time.…
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 investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while cofounder CZ reported nearly $1.8 billion in frozen…
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
Federal Reserve Board announces approval of application by The Bank of Nova Scotia
Federal Reserve Board announces approval of application by The Bank of Nova Scotia Source:Federal Reserve
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
Public companies double share of blockchain revenue since 2022: Report
A new 1kx report finds that public companies are capturing a larger share of blockchain revenue, driven by institutional adoption and realworld applications.…