Nike made a calculated bet that shoppers would follow the swoosh wherever it led, and for a while the margin math looked brilliant. What happened inside those emptied retail fixtures reshaped the entire competitive landscape in ways Nike is still scrambling to reverse.
Kalshi traders now price a Tesla-SpaceX combination at 60% within a year, a record, and one of Tesla's most-followed commentators just pushed it to his feed. That is a crowd probability only.
RT @Kalshi: BREAKING: 60% chance Tesla and SpaceX merge within the next year — an all-time high. https://t.co/O89YScRooX
Yes. You are being taken advantage of, if you are capable of moving your money to Vanguard you can manage it your self or and advisor there will charge you .03 or $6,000 per year. Digital advisor would be 3k.
A $2 million inherited portfolio is paying about $29,000 a year for little more than investment management and phone calls, and 158 commenters agree that is roughly double the going rate. If your advisor bills over 1%, ask what tax and estate work you are actually getting for it.
A 4.25% intraday jump to $387.85 is a big day for an insurer this size, and it lands hours after the Q3 earnings filing hit EDGAR. Watch whether the gain holds as the numbers get picked apart.
Levine asked Anthropic to pause its IPO over safety concerns, and the company is now engaging with him, an early read on how the most anticipated AI listing handles public-pension pressure before pricing.
ANTHROPIC HAS OPENED A LINE OF COMMUNICATION WITH NEW YORK CITY COMPTROLLER MARK LEVINE, FOLLOWING HIS LETTER EARLIER THIS WEEK
Dubai just put court orders on the Avalanche blockchain, sending AVAX up nearly 37% in a month while Solana stumbles before its biggest upgrade of the year. The question is whether this real-world milestone gives AVAX staying power or just a brief edge over a much larger rival.
Factory output nearly doubled the forecast, but a 1.1% jump in import prices hands the inflation camp fresh ammunition ahead of the Fed's next move.
Industrial Production rose 0.7% versus 0.4% expected, with Capacity Utilization at 76.9% versus the 76.5% estimate. Import Prices increased 1.1% for the month, slightly above the 1.0% forecast. https://t.co/n2rVku46cY
Rate traders just lost their guidance crutch: Warsh says the Fed is out of the hint-giving business, and the October blackout starts now. Five officials preaching "no urgency" leaves cut bets and yields riding on data alone.
After two weeks in which no fewer than five Fed officials hit some variant of the "no urgency" theme in their public comments (including as recently as Wednesday before and after CPI) Fed Chairman Kevin Warsh said of providing market-guiding hints, "We're not in that business https://t.co/ia9f3QVmOT https://t.co/VB29ZjWkU2 [Quoted @NickTimiraos]: Last round of Fed-speak before Warsh tonight and the October blackout. All of these comments were made Wednesday: Bowman (a few hours *before* CPI): "I don't feel any urgency... We really need to take some time and understand how things will evolve within the economy." Goolsbee
CoreWeave's 6.8% drop anchors a decline list made up entirely of compute and data-center names. Downside is moving roughly three times faster than upside this morning.
A retiree with a $900,000 401(k) is considering a plan that sounds backward. The idea is to spend the account down faster now so Social Security pays more later. In this example, the retiree withdraws $70,000 a year gross from age 64 through 69. Those six withdrawals total $420,…
Back-to-back Musk earnings days land October 20 and 21, so Tesla's report arrives with SpaceX numbers already setting the mood.
SpaceX has announced that they will release their Q3 earnings on October 20th (next Tuesday). Tesla's Q3 earnings will be on October 21st (next Wednesday). https://t.co/AaAXvJN4TO
