Bitcoin Falls Below $80,000
Bitcoin fell below the $80,000 level as major cryptocurrencies traded lower.
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Bitcoin fell below the $80,000 level as major cryptocurrencies traded lower.
U.S. stock futures were mixed Friday, with the Dow and S&P 500 lower and the Nasdaq 100 higher ahead of October flash PMI releases. The article also reports several company earnings and other market developments.
Netflix executives said third-quarter churn improved year over year globally and in the U.S., and the company plans to meet its full-year guidance. They also discussed advertising expansion, content partnerships and upcoming programming.
The preview lists Tuesday’s expected Q3 reports, including GE Aerospace before the open and SpaceX after the close, alongside results from several other companies. It provides analyst estimates and prior-quarter context; no new results are reported.
Dynex Capital said third-quarter book value declined 15.4% to $10.91 per share, with a negative total economic return of 11.4%. It also raised $116 million through a Series D preferred stock offering.
The iShares Semiconductor ETF fell for a ninth straight session Friday, its longest losing streak since May 2006, and lost 9.4% for the week. The Philadelphia Semiconductor Index was about 22% below its June 22 record.
Cipher Digital shares were down 5.94% at $9.35 at publication and hit a new 52-week low. Investors are concerned about debt-financed AI compute expansion; U.S. producer prices rose 1.3% in September from August, versus economists’ 0.5% forecast.
Bitcoin dipped below $80,000 on Thursday after US Producer Price Index data recorded its biggest increase since March 2022. The source says PPI significantly beat expectations.
Equity Bancshares reported third-quarter net income of $26.8 million, or $1.29 per diluted share, and core earnings of $29 million. Legacy-market loans grew at an annualized rate of nearly 12%, and the company said total loan balances increased for the first time since its acquisition.
IREN shares were down 5.30% at $28.94 at publication. The article cites concerns about AI infrastructure spending, credit risk and rising rate-hike expectations; Gartner’s warning did not name IREN specifically.
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The Australian dollar fell below $0.70, hitting a two-week low after higher unemployment and unexpected job cuts in September prompted traders to scale back bets on further rate hikes. The jobless rate came in at 4.7%, above the 4.6% forecast, while the previous month's reading was revised up from an initial 4.6%. The
(This story was generated using AI and automation, please see disclaimer ) Overview Germany medical and safety tech firm's preliminary Q3 net sales up, EBIT below prior year Safety division net sales rose, while medical division sales declined slightly Company confirmed full-year forecast for net sales and EBIT margin
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Applied Materials shares fell as much as 7% to around $462, extending their losing streak to six sessions. Cantor Fitzgerald reiterated its Overweight rating and $850 price target, which the article says implies roughly 85% upside from Tuesday’s price.
(Updates to afternoon trading) 10-year Treasury yield last falls 2.1 bps to 5.223% after touching 5.1727% CME FedWatch shows 22% odds of a quarter-point October hike, 71% odds for December France's 10-year yield falls to 4.8034% from Monday's 4.8958% By Sinéad Carew Oct 13 (Reuters) — Longer-dated US Treasury yields we
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Oppenheimer analyst Brian Schwartz maintained an Outperform rating on ServiceNow and raised his price target to $165 from $140. He cited mixed third-quarter CRPO prospects, weaker federal demand and a more challenging fourth quarter.
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Meta is scheduled to report third-quarter earnings on Oct. 21 after the market closes. Analysts estimate EPS of $6.28 and revenue of $63.32 billion; investors are watching expenses, capital spending and revenue growth.
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Encompass Health reported Q2 revenue growth of 9.6%, adjusted EBITDA growth of 9.2% and adjusted EPS growth of 10.7%. The company said it is raising its 2026 guidance based primarily on the quarter’s results.
Netflix Inc. (NASDAQ: NFLX ) shares are in the spotlight Monday, with earnings on deck, advertising and revenue growth in focus, recent analyst activity and a technical setup showing the stock trying to stabilize under its 20-day average. Earnings Preview & History Netflix is scheduled to report third-quarter earnings
Guardian Pharmacy Service (NYSE: GRDN ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Guardian Pharmacy Service reported a 2% yea
Cleanspark (NASDAQ: CLSK ) held its third-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary Cleanspark reported a 1% increase i
Rocket Companies (NYSE: RKT ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Rocket Companies reporte
MUFG Bank's Derek Halpenny said Japan potentially introducing tax-free opportunities to hold domestic government bonds could support the yen and affect flows into foreign equity markets. He also noted record foreign equity purchases through Japan's NISA program and said the dollar rose 0.2% to 158.23 yen.
Fitch says U.S. and European high-yield credit continues to benefit from solid investor demand, with lenders and investors competing to finance leveraged issuers. The firm said spreads remain below the 20-year average, supporting risk-adjusted returns.
On Thursday, Equinox Gold (AMEX: EQX ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary Full Transcript OPERATOR Welcome to the Equin
Morgan Stanley said it remains positioned in intermediate Japanese government bonds, expecting shorter- and longer-tenor bonds to underperform. The bank cited faster Bank of Japan hike pricing and shifting pension-rebalancing expectations.