Reported 18 days ago
The UK's financial regulator is promoting 'tokenisation' of funds on public blockchains like Ethereum to attract younger investors. This initiative will allow asset managers to issue crypto tokens that represent fund shares, enhancing efficiency and lowering management costs. While this move aims to boost the competitiveness of the UK's asset management sector, it also raises concerns regarding consumer protection and market stability. The regulator is seeking feedback on the use of stablecoins for fund settlements and considering future regulations for direct cryptocurrency investments.
Source: YAHOO
Reported 18 days ago
U.S. and global markets are experiencing heightened volatility as Wall Street's fear gauge reached its highest level in nearly four months, driven by renewed AI excitement and escalating U.S.-China trade tensions. Key events include updates from major U.S. banks and a speech from Federal Reserve Chair Jerome Powell. While chipmakers saw gains due to Broadcom's OpenAI partnership and Google's investment plans, fears of further trade costs and a government shutdown loom over the market. In Asia, Japan's stock market tumbled as investors react to political uncertainties.
Source: YAHOO
Reported 18 days ago
Source: WSJ
Reported 18 days ago
Source: BARRONS
Reported 18 days ago
Johnson & Johnson has announced plans to spin off its orthopedics business into a separate company named DePuy Synthes within the next 18 to 24 months, alongside raising its 2025 sales forecast to $93.5 billion - $93.9 billion after reporting better-than-expected quarterly earnings. The orthopedics unit, which has contributed about 10% to J&J's revenue, will be separated as the company aims to focus on high-growth sectors like oncology and immunology.
Source: YAHOO
Reported 18 days ago
On October 13, Bitcoin and Ethereum spot ETFs faced a combined net outflow of $755 million, driven by investor panic following a historic $19 billion crypto liquidation triggered by renewed U.S.-China trade tensions. Bitcoin ETFs experienced outflows of $326.52 million, while Ethereum ETFs saw $428.52 million withdrawn. The market downturn led to a drop in Bitcoin prices to $112,283 and Ethereum to $4,030, sparking fears of further selling pressure as traders await insights from the Federal Reserve's upcoming speech.
Source: YAHOO
Reported 18 days ago
In a recent turn of events, several crypto 'whales' are shorting the market with substantial bets totaling millions, particularly following a significant market crash on October 10. Influential traders like 'BitcoinOG' have recorded massive profits from these short positions, with BitcoinOG alone amassing $142 million during the downturn. As the crypto community remains divided on the market's direction, some traders highlight a potential recovery, while others point to bearish indicators and macroeconomic uncertainties.
Source: YAHOO
Reported 18 days ago
Alibaba's cloud business has inaugurated its second data centre in Dubai, following its initial launch nine years ago. This expansion is part of a larger investment plan, totaling 380 billion yuan ($53 billion) over three years. The move aims to enhance global cloud computing services amidst rising demand, especially in the AI sector in the Middle East. The UAE is making significant strides in AI development, partnering with industry leaders while navigating complex geopolitical relationships.
Source: YAHOO
Reported 18 days ago
Census Bureau data reveals that 23% of married couples in the U.S. do not have joint bank accounts, an increase from 15% in 1996. This trend is attributed to couples marrying later in life and the fact that longer marriages tend to have joint accounts. While joint accounts can enhance transparency and trust, separate accounts allow for personal financial autonomy. Ultimately, communication about finances is key for couples, regardless of how their accounts are structured.
Source: YAHOO
Reported 18 days ago
TSMC, the world's largest chipmaker, recently reported a significant increase in sales, suggesting strong demand for semiconductors in Q3, which should positively impact Nvidia and Broadcom. Despite the upbeat sales figures hinting at solid quarterly results, both companies' stocks may be overly valued, prompting caution for potential investors. Instead, TSMC presents a more attractive investment opportunity due to its competitive edge and diversified customer base.
Source: YAHOO
Reported 18 days ago
Source: WSJ
Reported 18 days ago
Johnson & Johnson announced plans to separate its orthopedics business into a standalone entity, DePuy Synthes, expected to occur within the next 18 to 24 months. This move marks J&J's second significant spinoff since it separated its consumer unit, Kenvue, in 2023. The orthopedics unit, which generated around $9.2 billion last year, is part of a broader strategy to focus on high-growth areas. Additionally, J&J raised its 2025 sales forecast by $300 million, expecting product revenue to reach between $93.5 billion and $93.9 billion.
Source: YAHOO
Reported 18 days ago
Stellantis宣布将其下一个战略计划的发布推迟至2026年第二季度，以便新任首席执行官Antonio Filosa有更多时间准备资本市场日。投资者关系负责人Ed Ditmire表示，此次延迟将有助于管理层考虑外部因素，包括美国关税和欧洲持续的政策讨论。此外，Stellantis预计将在美国市场投资约100亿美元，显示出针对该市场盈利能力的 renewed focus。
Source: YAHOO
Reported 18 days ago
Source: BARRONS
Reported 18 days ago
Source: WSJ
Reported 18 days ago
On October 14, 2025, US stocks ended mixed as the Dow Jones gained 0.4% while the S&P 500 and Nasdaq dropped 0.2% and 0.8% respectively. The market showed volatility amidst increasing trade tensions between the US and China, exacerbated by President Trump's threats to halt purchases of Chinese cooking oil in retaliation for China's restrictions on US soybeans. Federal Reserve Chair Jerome Powell's speech indicated potential interest rate cuts, adding to the cautious market atmosphere, even as major banks reported strong earnings.
Source: YAHOO
Reported 18 days ago
Recent gains in the dollar, which rose about 3% after a slump, may not be sustainable as they stem from temporary factors, including a government shutdown affecting U.S. economic data and political turmoil abroad. Analysts express skepticism regarding the dollar's future, forecasting a likely decline due to anticipated U.S. economic weakening and potential interest rate cuts. While political crises in Japan and France contributed to the dollar's rise, many experts believe the underlying concerns about the U.S. economy remain, hinting at further dollar weakness ahead.
Source: YAHOO
Reported 18 days ago
Following a significant crypto market crash, U.S. Bitcoin and Ethereum ETFs have experienced large outflows, totaling $750 million, as investors pull back amid fears of ongoing volatility. Bitcoin ETFs saw $326 million in outflows, while Ethereum ETFs faced $428 million. Despite a strong influx of capital earlier in the month, continued outflows cast doubt on the potential for a bullish October.
Source: YAHOO
Reported 18 days ago
Lila Sciences, an AI startup focused on scientific innovation, has raised $115 million in funding led by Nvidia's venture arm, increasing its valuation to over $1.3 billion. Founded in 2023, Lila aims to create 'scientific superintelligence' by combining specialized AI models with automated labs. The company plans to use the funds to develop AI-powered 'Science Factories' and has attracted interest from various industries, highlighting the growing importance of AI in scientific discovery.
Source: YAHOO
Reported 18 days ago
Merck is facing significant challenges with its key growth products, such as the cancer drug Keytruda and the HPV vaccine Gardasil, raising concerns about the company's ability to achieve a 38% compound annual growth rate needed to grow a $10,000 investment to $50,000 by 2030. Despite some recent approvals that could boost its prospects, analysts suggest that Merck may not outperform the market in the near term, making it a less attractive option for aggressive investors.
Source: YAHOO
Reported 18 days ago
Nebius Group (NASDAQ: NBIS) has seen over a 300% surge in stock price this year, driven by a booming demand for AI infrastructure capabilities amidst explosive revenue growth, which recently reached $105 million. As a company evolved from Yandex to focus on providing GPU-powered compute services in the AI sector, Nebius stands out from competitors like CoreWeave due to its managed AI services. Potential investors must weigh their risk appetite; cautious investors may opt for established firms like Microsoft or Amazon, while aggressive investors may find an opportunity in Nebius as it continues to grow in a rapidly expanding AI market.
Source: YAHOO
Reported 18 days ago
Kenvue, the maker of Tylenol, has faced mounting challenges this year due to claims linking the painkiller to autism, exacerbated by comments from former President Trump advising against its use. The company, under pressure from activist investors and management changes, is considering a strategic review that may include a sale or spin-off of its struggling beauty division. However, the ongoing legal complications regarding Tylenol could deter potential buyers, seriously affecting Kenvue's market value, currently estimated at around $30 billion.
Source: YAHOO
Reported 18 days ago
The US dollar has surged against most major currencies, hitting its highest level since August, as renewed trade tensions with China prompted investors to seek safe-haven assets. The Bloomberg Dollar Spot Index rose by 0.3%, while the Australian dollar plummeted to a two-month low. Analysts suggest that the dollar's status as a haven may provide ongoing support, with increasing demand noted in options markets, especially against the pound, Australian, and Canadian dollars.
Source: YAHOO
Reported 18 days ago
Bank of America analysts recommend two stocks, Darling Ingredients (DAR) and Karat Packaging (KRT), as solid investment opportunities amidst renewed trade tensions between the U.S. and China. Darling Ingredients, involved in recycling and food technology, has seen a dip in shares but shows potential recovery and strong growth in margins. Meanwhile, Karat Packaging, which supplies the food and beverage industry, has adapted to tariffs and shows promising financial trends. Both stocks are rated as Buy, promising substantial upside potential.
Source: YAHOO
Reported 18 days ago
Source: BARRONS