Wood’s comments mark a notable adjustment to her long-term view on bitcoin, which has been one of the highest-profile bullish forecasts in the industry.
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September.
How the wealthy manage money: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ with a look at how the wealthy are managing their money.
Bank of England rate cut a close call ahead of the Autumn Budget
While the central bank is more likely to hold rates than not, it’s not a given, according to economists.
Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more
These are the stocks posting the largest moves in extended trading.
Traders on prediction markets see a 30% chance Supreme Court backs Trump’s tariffs
On Kalshi, contracts tied to whether the court would rule in favor of Trump’s tariffs slipped to around 30% from nearly 50% before Wednesday’s hearing.
Stocks making the biggest moves midday: Unity Software, Rivian, Pinterest, Trex & more
These are the stocks posting the largest moves midday.
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.
Auto repair chain Monro soars after Carl Icahn takes 15% stake to become largest shareholder
Icahn disclosed ownership of 4.4 million shares, or almost a 15% stake in Monro, according to a new regulatory filing.
Xpeng to let other carmakers use its partly-autonomous driving system
Chinese electric car company Xpeng said German automaker Volkswagen would be the first client for its new driver-assist system.