Finance
Too early to bet against AI trade, State Street suggests
ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source
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Fed’s Miran says stablecoin surge could help push interest rates lower
Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source
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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]
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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week, […]
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$1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger
ETF Edge $1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger Published Fri, Nov 7 202510:05 AM EST Krysta Escobar WATCH LIVE Source
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Stocks making the biggest moves premarket: Opendoor, Affirm, Airbnb, Sunrun, Peloton & more
Check out the companies making headlines before the bell : Airbnb — The vacation rental platform saw shares rise about 4% after the company reported a revenue beat for the third quarter and hiked fourth-quarter revenue forecast. Earnings per share for the latest quarter came in below an LSEG estimate, however. Affirm — The fintech […]
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Stocks making the biggest moves after hours: Airbnb, Take-Two Interactive, Peloton, Affirm and more
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked 7% after Rockstar Games, a subsidiary of Take-Two, announced a further delay in the release of Grand Theft Auto VI to November 2026 from May 2026. The announcement marks the second delay for the highly […]
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Stocks making the biggest moves midday: Brighthouse Financial, Duolingo, Datadog, Snap & more
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% on after it announced it would be bought by Aquarian Capital for $70 per share in cash, or around $4.1 billion. The deal is expected to close next year. Golden Entertainment — The casino operator surged 36% after […]
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Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is taking on a role she once thought bitcoin would fill. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood, CEO and chief investment officer of Ark, said Thursday on CNBC’s ” […]
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