These 10 megadonors have spent a total of $1 billion on the midterm elections
They’ve helped turn this year’s midterms into “the most expensive election cycle on record.” Source:MarketWatch
Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North…
Grand Theft Callout: ‘GTA 6’ fans are missing work on the game’s release day because they ‘don’t want to wait’ anymore
After waiting 13 years for this videogame, almost onefifth of workers plan to take the day off to play ‘Grand Theft Auto VI’ when it drops on Nov. 19…
Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.
Friday’s big plunge raises disturbing parallels with the top of the dotcom bubble Source:MarketWatch
This cybersecurity stock will be the next to join the S&P 500
Okta is slated to join the index on Wednesday, replacing Kenvue. Source:MarketWatch
Why gold plunged to its lowest price in a year despite renewed Iran jitters
Safehaven gold fell to its lowest price in a year, despite jitters around the potential for fresh Middle East attacks following the U.S. midterm elections on…
The selloff in tech stocks is shifting into overdrive
Technology stocks had been priced for perfection. They are now getting hammered. Source:MarketWatch
The Fed held interest rates steady, but these officials see more hikes coming soon
Dallas Fed’s Lorie Logan sees “at least” 50 basis points in additional hikes. Source:MarketWatch
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
Microsoft is winning the cloud wars and becoming Wall Street’s new golden child
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say. Source:MarketWatch
Coinbase leads crypto stock selloff following $6.3B Binance hack
Circle, Strategy and other cryptolinked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach. Source:Cointelegraph
American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’
Worker compensation grows slower than inflation for second straight quarter Source:MarketWatch