This little-known quantum computing stock can more than double, Piper Sandler says
Though this quantum computing leader will have short-term losses, the stock could double as the company scales its operations.
Interactive Brokers’ Thomas Peterffy sees the S&P 500 dropping nearly 20% from here
Interactive Brokers Chairman Thomas Peterffy is predicting an S&P bottom of 3,000.
This 31-year-old spent $2,300 on an acre of Arizona land—less than a decade later, it’s worth $15,000
Hiking tour guide Louis Herron bought an acre of Arizona land for $2,300 in 2013. Now, due at least partially to increased tourist spending, it’s worth $15,000.
Putin introduces martial law in illegally annexed Ukrainian regions
President Vladimir Putin on Wednesday introduced martial law in the four regions of Ukraine that Russia illegally annexed last month.
Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil
Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023.
UK PM Liz Truss says she’s a ‘fighter not a quitter’ as lawmakers plot to oust her
Truss described her U-turn on tax cuts as “in the national interest to make sure that we have economic stability.”
Treasury yields climb sharply, 10-year yield hits highest level since 2008
Treasury yields rose across the board on Wednesday as concerns over a recession spread among investors.
Amazon debuts home insurance store in the UK in latest move into finance
Amazon will start selling home insurance in the U.K. through partnerships with local insurers, further expanding its push into financial services.
Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from U.S. China curbs
ASML reported third-quarter earnings that topped analyst expectations, bucking the trend of a slowdown seen by other semiconductor companies.
UK inflation moves back up to 40-year high as Brits battle cost-of-living crisis
The inflation data will also impact the Bank of England’s approach for the near term, just as the Bank plans to sell off some of its government bonds, known as gilts, from Nov 1.
