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Bitcoin rises 1.2% to $82,781

Bitcoin climbed 1.2% to $82,781 after earlier slipping to $80,500 overnight. Analysts said $81,000 has been seen as an initial support level, while strength in the U.S. dollar and higher Treasury yields has weighed on risk assets this week.

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U.S. Cotton Estimate Increased in WASDE Report -- Market Talk

The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 1131 ET - SpaceX's latest spectrum deal makes its Starlink business a more credible mobile operator, KeyBanc Capital Markets analysts say in a note. The company plans to purchase low-band spectrum, which can penetrate buildings, they say.

Given this deal and a prior spectrum acquisition--both of which DISH was utilizing for mobile service--it seems possible SpaceX could take over DISH leases, the analysts say. 2% to $82,781, bouncing back after falling as low as $80,500 overnight. Analysts this week have speculated that initial support levels for bitcoin would be around $81,000, potentially dropping back below $80,000 if that support was broken. S.

S. dollar index also continuing to strengthen. S. midterm election - with traders comfortable with the expected rout of GOP candidates.

"Investors tend to reward electoral clarity more than any particular outcome," says Paolo Broccardo of BankPro in a note. com) 1117 ET - Wealthier Americans have more money to spend, and they're increasingly putting it towards travel, Delta Air Lines Chief Executive Ed Bastian says during a call with analysts. S. " He says they are increasingly prioritizing experiences, including travel.

Those trends are helping Delta's premium growth remain robust, he says, while main cabin trends continue to improve. S. airlines are able to bounce back from elevated fuel costs faster this year, thanks to strong demand and a greater focus on profitability, Delta Air Lines Chief Executive Ed Bastian says. com) 1045 ET - SpaceX's latest spectrum deal could stir up a fresh bout of worries over further competition for the big three wireless carriers, JPMorgan analysts say in a note.

Beyond concerns over a new wireless entrant, or potential fourth carrier, the deal raises the risk that the leading players will need to spend more in upcoming spectrum auctions, the analysts say. However, the near-term risk to the wireless incumbents--which include Verizon, T-Mobile and AT&T--is still limited given the time, infrastructure and capital required to build a competitive terrestrial network, they say. com) 1026 ET - SpaceX is committing further to wireless with its plans to buy a nationwide spectrum portfolio from Grain Management, JPMorgan analysts say in a note.

The low-band portfolio gives SpaceX a coverage layer with stronger in-building propagation, complementing the mid-band spectrum it's acquiring from EchoStar, the analysts say. That should provide higher-bandwidth capacity, giving credibility to Starlink Mobile's long-term opportunity, they say. com) 0914 ET - Aritzia's strong F2Q and outlook ease some of the concerns over tough mobile app comparatives, says Michael Glen of Raymond James in a note. The end of October marks the one year anniversary of the women's fashion brand's mobile app launch, with the app performing very well, Glen says.

com) 0907 ET - Dr. Martens' profit recovery is expected to continue based on moderate top-line growth and operational leverage, Berenberg analysts write. They add that the British footwear company's gross margin of 66% should support profit recovery and cash flow generation. "Over the coming years, we expect strong profit drop-through from moderate revenue growth, which could build the EBIT margin up to management's medium-term 'mid-to high-teens' target," they say.

Berenberg has a buy rating on the stock and 110 pence target price. 40 pence, but down 11% over the year to date. com) 0905 ET - RBC Capital Markets lowers its 2027 adjusted pretax profit forecast for Barclays due to weakness in investment bank income and slightly higher expenses, analysts Benjamin Toms and Sherry Lin write. 0% in 2028.

Barclays expects a return on tangible equity above 12% for 2026 and above 14% for 2028. 5 billion pounds through 2028, higher than Barclays' guidance of more than 15 billion pounds. It maintains an outperform recommendation on the stock and lowers the target price to 525 pence from 550 pence. 55 pence.

com) 0844 ET - Mercedes-Benz could report a third-quarter adjusted cars EBIT margin below the company's full-year guidance range of 3%-5%, Deutsche Bank analyst Tim Rokossa writes. S. delivered mid-single-digit growth, Rokossa says. The mix development was also unfavorable, with top-end vehicles down 21% on year compared with declines of 6% and 4% for the core and entry segments, respectively.

" The bank rates Mercedes-Benz stock at buy with a 70-euro target price. 69 euros. S. AI expansion which is spilling into other industries and economies, J.

Safra Sarasin Sustainable Asset Management's Raphael Olszyna-Marzys says in a note. High energy prices are also likely to drive up inflation, causing central banks to raise interest rates, he says. J. 0%, respectively, by 2027.

K. unit VodafoneThree is well-positioned in a challenging market but German trends are seen weakening, UBS analysts Polo Tang and Dhruva Kusa Shah write. K. unit, we are cautious on Vodafone Germany," they say.

However, investors may be more focused on the chance French billionaire Xavier Niel will lead a turnaround if he gets a seat on board, they say. K. telecommunications company's largest shareholder once his stake purchase from Emirates Telecommunications Group completes, which is expected by end of this year. UBS has a sell rating on the stock and 95 pence target price.

20 pence, but 21% higher over the year-to-date. com) (END) Dow Jones Newswires October 09, 2026 11:32 ET (15:32 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.