Current Conditions Hit an All-Time Low of 44.7 While Expectations Rose, and the Survey Closed Before This Week’s Oil Spike
Just over half of consumers say they will cut spending on cars, dining out and vacations. Only 31% expect to...
New York’s $35 Million Celsius Settlement Is Structured So Most of It May Never Be Paid
Mashinsky owes $25 million only if he skips a federal forfeiture, and $10 million more only if he fails to...
Stock Futures Rally Friday as Market Digests OpenAI Revenue Miss; AI Stocks Battered, SpaceX Spectrum Deal Lifts Futures While Telecoms Slide
S&P 500 futures up 0.4%, Nasdaq 100 futures up 0.83% Friday. Thursday's Nasdaq drop (-1.2%) followed OpenAI revenue miss ($50B...
Pimco Warns US 10-Year Treasury Yields Could Hit 6% for First Time Since 2000 as Forced Selling Cascade and Inflation Fears Grip Bond Markets
Bond giant Pimco CIO Dan Ivascyn says 10-year yields rising to 6% is feasible as hedge funds forced to liquidate...
SoftBank’s Masayoshi Son Hunts $100 Billion from Gulf Investors to Scale AI Bets as OpenAI IPO Delays and Valuation Concerns Mount
SoftBank founder seeks up to $100B from UAE and Saudi Arabia to fund AI expansion. Son would use capital to...
Dow Futures Rally After AI Selloff as OpenAI Misses Revenue Target But Promises Recovery by Year-End; SpaceX Spectrum Buy Decimates Telecom Stocks
Futures pointed higher Friday after Thursday's AI stock collapse. OpenAI reported $50B annualized revenue (not $70B) but expects to hit...
Nvidia-Backed Firmus Grid Scraps $5 Billion IPO After Investors Reject $30 Billion Valuation — Signals Reality Check on AI Infrastructure Boom as Bond Yields Rise
Firmus Grid pulled its planned $5B Australian IPO after investors balked at $30.4B valuation. Company had only 2 operational data...
Markets End Week on Positive Note After Trump Rules Out Iran Strike Before Midterms — Nasdaq Futures Rally, Oil Slides as Geopolitical Risk Recedes
Stock futures pointing to positive open after Trump says U.S. won't attack Iran before Nov. 3. Benchmark oil futures slipping...
Ether Traders Crushed at Six Times Bitcoin’s Rate as $1 Billion Cascade Wipes Out Leveraged Bets Ahead of Liquidation Anniversary
$356 million in ETH positions liquidated in 24 hours, outpacing Bitcoin despite Ether's smaller market cap. Fed minutes, Iran geopolitics,...
XRP Ledger Enables Banks to Split Payment and Compliance Work — $4.26B Tokenized Assets Now Protected by New Permissions Feature as Technical Bugs Complicate Rollout
XRP Ledger activated PermissionDelegationV1_1 on Oct 8, letting banks authorize compliance accounts without exposing master keys. Feature addresses institutional need...
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