Key Points
- President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30.
- Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data.
EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says
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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Finance
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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Finance
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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