Bitcoin Rises. Crypto Traders Are Ignoring Spiking Bond Yields.
10/05/2023 16:43
Bitcoin rises as the largest cryptocurrency defies a selloff in risk assets amid climbing bond yields.

Zacks
What's Going On With Tesla Shares?
Tesla shares soared today, undoubtedly to the likes of investors. Have bulls regained control? It wasn't just Tesla stealing the spotlight, though, with shares of several other companies seeing attention.

Benzinga
Economy Is 'Definitely Weakening': Bill Ackman Warns Of A 'Big Threat' For Certain Americans. Here Are His Top 3 Holdings
Following the Federal Reserve's 11 interest rate hikes, many experts have expressed concerns about the impact of higher rates on the American economy. According to Bill Ackman, CEO of Pershing Square Capital Management, the economy is starting to slow. "I think the level of real interest rates is high enough to slow things down, you know, high mortgage rates, high car rates, high credit card rates, they're starting to really have an impact on the economy," he said in a recent CNBC interview. "Th

SmartAsset
Does Putting Your Home in a Trust Protect It From Medicaid?
An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.

Barrons.com
U.S. Stock Futures Fall Ahead of Jobless Claims Data
U.S. stock markets were poised to drop at the open of trading on Thursday ahead of the publication of weekly jobless claims data. Equity markets looked set to give back some of the previous day’s gains as bond yields remain elevated.

Bloomberg
French Train Maker Alstom Slumps After Cash Flow Warning
(Bloomberg) -- Alstom SA plunged by more than a third after the French train maker slashed its financial guidance due to delays on UK contracts and a rise in inventories.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapApple Considered, Rejected Switch to DuckDuckGo From GoogleThe

TipRanks
Seeking up to 8% Dividend Yield? Wedbush Suggests 2 Dividend Stocks to Buy
Many investors find it beneficial to include real estate investment trusts, or REITs, in their portfolios. These companies bring a suite of advantages that can’t be overlooked. To start with, they offer a sound way to buy exposure to real property, landholdings, without actually buying real estate. REITs are also known as champion dividend payers, as they’re required to distribute up to 90% of their taxable income to shareholders – and dividends make a convenient mode of compliance. For Wedbush

Bloomberg
AT&T Exploring Options for DirecTV as Pay-TV Subscriptions Continue Decline
(Bloomberg) -- AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement under which it can legally sell its interest in America’s third-largest pay-TV provider.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapApple Considered, Rej

Bloomberg
Rivian Sinks After EV Maker Plans Convertible Note Offering
(Bloomberg) -- Rivian Automotive Inc. sank in post market trading Wednesday after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt and reported preliminary third-quarter revenue. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapApple Considered,