Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on crypto
Bitcoin fell below $80,000 as Samsungdriven tech weakness and a hawkish Fed hold triggered a broad riskoff move. Crypto futures saw $356 million in…
Mystery Wall Street Journal ad sparks new fight over tokenized stocks
A fullpage warning urging CEOs to opt out of tokenized stock trading drew a response from Securitize and questions over who paid for it. Source:CoinDesk
Tampered Ledger wallets cost Singapore users $2.7M: Police
Police say at least two cases were reported as early as Sept. 10, nearly a month before the wider incident became public. Source:Cointelegraph
Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts
Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine…
The major reason Microsoft’s stock is heading higher after earnings
Microsoft showed investors that it’s able to grow rapidly while keeping spending in check. Source:MarketWatch
Why Alphabet’s stock could see its worst drop in years after the latest results
A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off…
Fortinet’s stock is taking a dive after earnings. Here’s why.
Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments. Source:MarketWatch
Lumentum’s stock pops as investors cheer a possible sale to Marvell
An agreement between the companies could come next week, Bloomberg reported Source:MarketWatch
Canadian ‘crypto king’ case to go to jury as criminal trial winds down
Aiden Pleterski, facing fraud charges in Canada over his alleged role in a digital asset Ponzi scheme, said that he was innocent at closing.…
Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.…
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multimilliondollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Source:MarketWatch