Oura: Four Times Oversubscribed IPO Looks Like Hype, Not a Verdict on Wearables
Short & concise Oura IPO: Roughly four times as many orders as shares before Tuesday’s pricing The rush comes during the weakest phase of multi-billion-dollar IPOs since years—taking place in 2026. Oura generates 74% more revenue, while competitors like Kraken are postponing their IPOs Read the original story Oura: Four times oversubscribed IPO looks like hype, not a verdict on wearables by Darryn Pollock on de.beincrypto.com
China's industrial profits rise by only 4.2%, the AI boom bypasses the countryside
Briefly and to the point China's industrial profits rise by 4.2% in August; growth slowdown persists for the fourth month South Korea's chipmakers achieve nearly five times higher profit margins this year. Europe's factories lag behind Beijing, Washington, and Seoul Read the original story: China's industrial profits rise by only 4.2%; the AI boom passes by the countryside by Darryn Pollock on de.beincrypto.com
Diesel prices are moving like $4-a-gallon gasoline in 2008, a warning sign for inflation?
Short & sweet U.S. diesel prices with the strongest year-on-year increase since the start of records, according to Bloomberg An analyst compares it to the $4-a-gallon gasoline prices, which peaked in 2008. The rise brings new momentum to the Fed’s discussion of inflation and interest-rate hikes. Read the original story Diesel prices are moving like $4-a-gallon gasoline in 2008, a warning sign for inflation? by Darryn Pollock on de.beincrypto.com
Jim Cramer names his "untouchable stocks": That’s why he doesn’t sell them
Short & sweet Jim Cramer: Only two stocks enjoy his highest level of trust The CEO’s appearance in 2022 continues to shape why Cramer trusts the stock today. Cramer warns: Even his favorites are not safe from his own selling rule Read the original story Jim Cramer calls his "untouchable stocks": That’s why he doesn’t sell them by Darryn Pollock on de.beincrypto.com
BlackRock CIO sells stocks, bets on top-grade bonds: Here are the reasons
Short & sweet Rick Rieder of BlackRock prefers bonds with at least a 7% yield over stocks He rates stocks as B-minus and expects returns of 10 to 12%. Every Fed rate hike of one percentage point costs Washington up to USD 150 billion per year, he says. Read the original story BlackRock CIO sells stocks, bets on top-grade bonds: Here are the reasons from Lockridge Okoth on de.beincrypto.com
Brief & to the point Peter Brandt: XRP charts alone do not justify a position; loyalty to the community or belief are not necessary Brandt’s long-term chart suggests a possible rise to $5.40, based on the price structure of the past ten years. A reversed head-and-shoulders pattern could drive the XRP price to $2 if resistance at $1.55 breaks. Read the original story Peter Brandt refutes the XRP community narratives by Luis Blanco on de.beincrypto.com
Falling oil prices could trigger a 10% rally in the stock market, says Wall Street strategist
Brief & to the point Treasury yields reach the highest level in 19 years, but an analyst expects a 10% stock gain He says cheaper oil could bring yields on 10-year bonds down to around 4.75%. Microsoft and Berkshire Hathaway remain despite the Fed's rate hike its favorites Read the original story Falling oil prices could trigger a 10% rally in the stock market, says Wall Street strategist Lockridge Okoth on de.beincrypto.com
The five most important market drivers These factors could move stocks and crypto this week
Briefly & to the point Two weeks ago, the Fed raised interest rates; this week it will decide whether to take another step. Analysts expect 90,000 new jobs in September, following 162,000 in August. The core rate of PCE inflation is forecast at 3.4%, well above the Fed’s 2% target. Read the original story The five most important market drivers These factors could move stocks and crypto this week by Lockridge Okoth on de.beincrypto.com
The advice Elon Musk rejected for Tesla, SpaceX, and other projects from his mother
Short and sweet Maye Musk advised Elon to run only one company: however, he founded six companies. Forbes now estimates his net worth at $92.9 billion, mostly in company stocks. She still stays overnight in his garage when she visits Starbase in Texas. Read the original story The advice Elon Musk rejected for Tesla, SpaceX, and other projects from his mother, by Lockridge Okoth on de.beincrypto.com
Has MicroStrategy bought Bitcoin again? Michael Saylor sends a new signal
Briefly & to the point Saylor published on Sunday another “orange” Bitcoin chart, a sign of a new purchase His most recent comparable post appeared one day before a purchase of 950 BTC. Strategy holds 846,000 BTC; the report on Monday confirms a possible top-up. Read the original story Has MicroStrategy bought Bitcoin again? Michael Saylor sends a new signal from Lockridge Okoth on de.beincrypto.com
China could reopen Nvidia's AI market: How will the NVDA stock react on Monday?
Short & sweet China: Alibaba and ByteDance are likely allowed to buy new Nvidia chips The chip is a workstation graphics card, not Nvidia's top hardware for data centers. Nvidia's current forecast continues to not account for chip sales for data centers in China. Read the original story: China could reopen Nvidia's AI market: How will the NVDA stock react on Monday? by Lockridge Okoth on de.beincrypto.com
Trump meets with the AI CEO banned by his Pentagon: Is the dispute over?
Briefly & to the point Trump receives Anthropic CEO Dario Amodei this evening for a private dinner at the White House An appeals court confirms on Friday the U.S. Defense Department’s ban on Anthropic. Amodei was missing from the state dinner for Xi on Thursday, so U.S. President Trump personally invited him. The dinner takes place two days before a summit meeting at the White House with AI CEOs. Anthropic is facing political attacks and is preparing for an IPO in November
Wall Street giant warns: AI agents could trigger new kinds of bank runs
Short & to the point Apollo: AI agents could siphon cash from bank accounts with an interest rate of 0.1%. Fintech accounts already offer up to 5% on the same balance. Banks rely on these low-cost deposits to finance the loans they issue. Read the original story: Wall Street giant warns: AI agents could trigger new kinds of bank runs by Lockridge Okoth on de.beincrypto.com
Riot triggers 494 million USD in Bitcoin from Coinbase loan: Will it be sold?
Short & sweet Riot repays a Coinbase loan of over 200 million USD, releasing 494 million USD in Bitcoin Riot sells 3,778 Bitcoin in the first quarter, more than twice as many as were mined The filing does not specify what happens to the released coins. Read the original story Riot triggers 494 million USD in Bitcoin from Coinbase loan: Will it be sold? by Lockridge Okoth on de.beincrypto.com
THORChain rejects the blocking of assets related to Bitget hackers
Short & to the point Stolen Bitget funds are exchanged for Bitcoin via THORChain. THORChain rejects the hacker’s block, citing openness like with Bitcoin OKX-Chef Star Xu: THORChain paused itself in May, so trading can be stopped Read the original story THORChain rejects the blocking of assets related to the Bitget hackers by Lockridge Okoth on de.beincrypto.com
Briefly & to the point Bitcoin crosses 80,000 USD, Fidelity manager Timmer sees a target price of 100,000 USD Timmer's power-law model also points to 300,000 USD by 2029. Futures speculators continue to increase their bullish record bets, says Tom McClellan. Read the original story Fidelity's 100,000-USD Bitcoin signal is now active by Lockridge Okoth on de.beincrypto.com
Dogecoin ETFs reach record week after Bitwise exit: How does the price react?
Briefly & to the point Dogecoin ETFs recorded record inflows of 2.89 million USD last week. Grayscale GDOG attracts almost all the new capital, while Bitwise BWOW closes. All inflows took place in three trading sessions; the funds hold 0.11% of DOGE. Read the original story Dogecoin ETFs reach record week after Bitwise exit: How does the price react? by Lockridge Okoth on de.beincrypto.com
SpaceX president sells shares for $52 million before Starship launch on Monday
Briefly and to the point SpaceX president Gwynne Shotwell sells company shares worth $52.5 million The sale took place according to a trading plan that she drew up in June. She continues to hold about 5.58 million shares worth roughly 830 million USD. Read the original story SpaceX president sells shares for $52 million before Starship launch on Monday by Lockridge Okoth on de.beincrypto.com
Michael Saylor calls for Bitcoin in banks and a $100 trillion digital-asset industry
Short & to the point Michael Saylor calls for: banks to hold Bitcoin for customers and issue loans against it He calls for a review of the capital premium of 1,250% that banks must pay for crypto assets. Saylor: Digital assets could grow into a $100 trillion industry Read the original story Michael Saylor calls for Bitcoin in banks and a $100 trillion digital-asset industry by Lockridge Okoth on de.beincrypto.com
Cathie Wood brings a $1.3 billion fund with SpaceX and OpenAI to the blockchain
Briefly and to the point ARK Invest is investing a $1.3 billion venture fund into Ethereum. About 78% of the fund is invested in private companies such as OpenAI and Anthropic. Investors can continue to withdraw funds only through quarterly redemptions. Read the original story: Cathie Wood brings a $1.3 billion fund with SpaceX and OpenAI to Lockridge Okoth’s blockchain on de.beincrypto.com