Needham Starts Victoria’s Secret Coverage With Buy Rating
The brokerage views the retailer’s turnaround as an early-stage, multi-year effort.
Estimated Real Debt Payments Rise 14.8% as Real Household Income Gains 1.7%
A modeled one-earner scenario puts monthly debt payments up $57 against $109 of estimated income growth from late 2022 through March 2026.
DefiLlama Adds Daily Update on DeFi Yields, Liquidity and Stablecoins
Called “Today in DeFi,” the feature brings together daily statistics on protocol trends, stablecoin activity and capital flows.
a16z Crypto’s Guy Wuollet Sees Stablecoins as a Near-Term Finance Opening
He cited payment efficiency and demand for U.S. dollars in inflationary economies. a16z Crypto’s financial applications also include lending.
Alberta Securities Commission Recognizes FINTRAC in Ongoing Probe
The investigation concerns market manipulation in Alberta. FINTRAC is Canada’s financial-intelligence unit.
McGlone Says a 20% S&P 500 Drop Could Push Bitcoin Toward $10,000
McGlone said Bitcoin’s performance roughly matched the S&P 500 over five years, while its volatility was nearly three times as high.
Novartis Ends Phase 2 Fabhalta Trial for Lupus Kidney Disease
In an Oct. 15 update, Novartis gave strategic considerations as the reason after Part 1’s final patient completed the last visit.
Sei (SEI) Perpetual Futures Log Two Trades on CFTC-Registered U.S. Venue
Both Oct. 16 transactions met the 100-contract minimum and totaled about $13.17. North American Derivatives Exchange filed the product under a CFTC self-certification process on Oct. 8.
Bitcoin Price Prediction: Bitcoin Tracks Treasury Real Rates, Fidelity Finds
Bitcoin trades at $82,374 as Fidelity reports a record correlation with 10-year Treasury real rates. Key BTC levels, risks and catalysts. The post Bitcoin Price Prediction: Bitcoin Tracks Treasury Real Rates, Fidelity Finds appeared first on Cryptonews.
U.S. Fiscal 2026 Deficit Reaches $1.992 Trillion, Up 12%
Net interest topped $1 trillion, and September ended with a $27 billion deficit after a $198 billion surplus a year earlier.