The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.
The S&P 500’s forward pricetoearnings ratio is below its fiveyear and 10year averages. Source：MarketWatch
Crypto investigators flag suspected $106M theft, $786K Solana bot drain
A European entity may have lost $106 million from exchange accounts, while a wallet associated with a Solana arbitrage bot may have lost another $786,000.…
Palantir earnings reveal a major AI turning point
The U.S. commercial business brought in more money than the U.S. government segment in the third quarter. Source：MarketWatch
Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source：Cointelegraph
How soon gas prices could go down now that oil is tumbling
Retail gas prices dropped to $4.12 a gallon on Monday, as U.S. oil prices fell below $100 a barrel. Source：MarketWatch
It may take weeks to tally the midterm election results. Here’s why Wall Street isn’t worried.
It’s crucial to distinguish economic from political uncertainty, because only one really moves the stock market. Source：MarketWatch
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown. Source：CoinDesk
These tech stocks got unfairly swept up in last week’s selloff, analysts say
One analyst notes “a meaningful gap between price and fundamentals” in some corners of the chip sector. Source：MarketWatch
NYSE taps Wall Street giant Broadridge to bring shareholder voting to tokenized stocks
A key provider of shareholder voting and corporate services on Wall Street, Broadridge will help bring investor rights onchain for the exchange's upcoming…
Behind Anthropic’s 1,127% revenue surge — and the computing bill that erased its profit
Anthropic just filed updated financial paperwork ahead of an IPO that could come by the end of this month. Source：MarketWatch
Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.…