Binance Reports Technical Glitches Amid Crypto Market Selloff
Key Takeaways Binance experienced brief technical glitches in some platform modules during the sharp crypto market selloff on October 10....
Trump, Vance Open Door to China Deal as Trade Spat Drags On
Key Takeaways Powered by lumidawealth.com The Trump administration signaled openness to a trade deal with China amid escalating tensions, while warning...
Where Have All the Young Home Buyers Gone?
Key Takeaways Powered by lumidawealth.com Younger Americans, especially Gen Z, are increasingly favoring investing in the stock market over buying homes...
GM’s Gamble Pays Off as China Tightens Magnet Exports
Key Takeaways Powered by lumidawealth.com China’s new strict restrictions on rare-earth magnet exports have disrupted global supply chains, impacting U.S. automakers...
The Government Shutdown Is Finally Starting to Bite
Key Takeaways Powered by lumidawealth.com The government shutdown has led to Smithsonian museum closures and halted pay for many federal workers,...
Aritzia’s U.S. Expansion Powers Growth Surge in Second Quarter
Key Takeaways Powered by lumidawealth.com Revenue up 32% to C$812.1M, beating estimates. U.S. sales surged 41%, with plans to nearly triple...
PepsiCo Taps Walmart Executive as New CFO Amid Sales Challenges
Key Takeaways Powered by lumidawealth.com PepsiCo appointed Steve Schmitt, a Walmart executive, as its new CFO effective Nov. 10, succeeding longtime...
Central Banks Seen Holding Bitcoin, Gold as Key Reserves by 2030
Key Takeaways Powered by lumidawealth.com Deutsche Bank forecasts that by 2030, central banks may hold significant amounts of Bitcoin and gold...
Jane Street Expands Into Physical Natural Gas Trading
Key Takeaways Powered by lumidawealth.com Jane Street is expanding its trading operations into the physical natural gas market, a sector requiring...
SEC Offers Relief for IPOs Stuck in Limbo During Shutdown
Key Takeaways Powered by lumidawealth.com The U.S. Securities and Exchange Commission (SEC) issued guidance allowing companies to launch IPOs without including...
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser