Ethereum futures ETFs launch, begin trading in the U.S.
10/03/2023 02:53
Ethereum (ETH-USD) futures ETFs have begun trading in the U.S. for the first time. Yahoo Finance Live co-hosts Josh Lipton and Julie Hyman monitor the price action in the crypto space, including bitcoin (BTC-USD), after the issuance of several ethereum futures ETFs. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

The Wall Street Journal
NextEra Stock Tumbles in Latest Blow for Clean-Energy Shares
Shares of utility NextEra Energy are heading for their largest one-day drop since the start of the pandemic as [worries about higher interest rates](https://www.wsj.com/business/autos/green-investments-stuck-between-rising-risk-and-government-backing-20c290b1) continue to batter clean-energy stocks.

TipRanks
‘Don’t Be Fooled by the Bears’: Billionaire Ken Fisher Advises Investors to Stay Put — Here Are 2 Stocks He’s Heavily Invested In
The bulls took hold of the stock market narrative at the start of the year, and charged ahead all the way into mid-summer, but since then the bears have been rather noisy. On the back of rising oil prices, fears of interest rates staying high for longer than hoped for, and the possible prospect of a recession still looming, the markets have been shaky and have been handing back prior gains. However, against a backdrop of a ‘Goldilocks economy,’ i.e., “not too hot, not too cold… just right,” bill

TipRanks
These 13%-Plus-Yielding Stocks Pay Large Monthly Dividends; Analysts Say ‘Buy’
Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei

Reuters
Hedge funds using computers to sell up to $30 billion of stocks soon - UBS
Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, a UBS note seen by Reuters shows. The bank anticipates as much as $30 billion of outflows will soon hit markets, potentially exacerbating the downward move in shares, as these hedge funds start selling stock to follow the recent negative performance. This will be the first time these hedge funds will be net short equity markets since November 2022, the bank said.

The Wall Street Journal
It’s a Good Time to Buy Bonds. Just Know What You’re Getting Into.
The 10-year U.S. government bond, or Treasury, is yielding a high of 4.5%. “It’s a lot easier than 20 years ago when you had to call a broker and set the parameters to have them sell you the bond directly,” said Brian Spinelli, co-chief investment officer at Halbert Hargrove, a California wealth-management firm.

AP Finance
Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-Busch
The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer. Included in the deal are well known labels like Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.

The Wall Street Journal
Stocks to Watch Monday: Tesla, Coinbase, Nvidia, UBS
**↘️** [**Tesla (TSLA)**](https://www.wsj.com/market-data/quotes/TSLA): The car maker's shares slipped 0.4% in afternoon trading after it reported vehicle sales that [fell quarter-over-quarter](https://www.

Bloomberg
Fed’s Bowman Again Urges Multiple Rate Hikes to Curb Inflation
(Bloomberg) -- Federal Reserve Governor Michelle Bowman again said that multiple interest-rate hikes may be required to get inflation down to the central bank’s goal even after data for August showed some of the slowest price increases since 2020.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Investors SayBond Selloff Batters Stocks, But Spares Big Tech:

Reuters
EV maker Rivian beats quarterly delivery estimates after raising production
SAN FRANCISCO (Reuters) -Electric-vehicle maker Rivian Automotive on Monday reported third-quarter deliveries above market expectations, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). The numbers from Rivian come amid concerns of softening demand for electric vehicles in the U.S. due to higher borrowing costs, which has prompted price cuts and discounts by rivals including Tesla. Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter.