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Oil prices set for fourth straight monthly gains as tanker attack highlights supply risks
“Traders will remain focused on oil flows out of the Middle East and the likely escalation by US and allied forces,” said Dennis Kissler, senior vice president of trading at BOK Financial.
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Midterms, Apple earnings, jobs report. Wall Street faces a big week ahead just as investors dump tech
Next week is shaping up to be a potentially shaky one amid rumblings in the artificial intelligence trade.
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Tech gets crushed, defensive stocks shine. How we’re making sense of it all
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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UnitedHealth is finally getting its act together. I’m buying into the turnaround
UnitedHealth’s turnaround is gaining momentum as CEO Stephen Hemsley works to control medical costs and restore earnings growth.
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Reid Hoffman gives millions to Dems in late spending spree as Epstein fight spills into election
Reid Hoffman has given $8 million to Wisconsin Democrats backing David Crowley as Tom Tiffany attacks Hoffman’s past ties to Jeffrey Epstein.
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Binance hack: Investigators in a ‘cat and mouse game’ to recover $6.3 billion in stolen funds
More than $6 billion in crypto was stolen from Binance, setting off a race to recover the funds before North Korea-linked hackers can launder them into cash.
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Binance sets aside over $6.34 billion to cover losses from attack
Oct 30 : Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets, to deal with the fallout of an attack in which hackers stole $6.3 billion from the crypto platform.All user funds will be verified publicly through its proof o
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Stocks fall on AI cash burn worries while bonds rally with oil
NEW YORK/LONDON, Oct 30 : A sharp selloff in Wall Street’s tech shares pushed MSCI’s global index down more than 1 per cent on Friday, sending investors to the safety of US bonds on fears that hefty cash-burning AI investments may not deliver sufficient returns. Shares in chipmaker Intel plunged 28 per cent
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Spanish minister refuses to resign over second major train crash on his watch
The crash, which killed at least 69 people, marks the second deadly rail accident this year involving the same railway companies.
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OpenAI to limit weapons information for teens on ChatGPT in violence-prevention push
Oct 30 : OpenAI said on Friday it is tightening limits on the weapons-related information ChatGPT provides to teens, even when a question appears harmless, as part of new safeguards aimed at preventing real-world violence.The move comes as AI companies face growing scrutiny over the risks chatbots pose to you
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