Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas
Bullish
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Also on the daily podcast: Ukraine’s demographic collapse and remembering Dolores Huerta
Tesla will stop making the Cybertruck in 2027
Elon Musk said the company will use the factory space to make more Cybercabs.
COMMENTARY: Morning Bid: Out of the blue
Could CRISPR cure rare diseases before birth? Scientists are getting closer
Researchers are exploring fetal gene editing to treat rare genetic disorders before they cause lasting damage.
Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures
Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.
BTC-USDBearish
EU charges TikTok over harmful algorithmic 'rabbit hole' effects
TikTok's Chinese owner ByteDance risks a fine next year of up to 6% of its global annual turnover unless it can resolve the issue.
Bearish
From Breakingviews - Breakingviews - COMMENTARY: Global muscle will sift puny data center providers
Switch on these films and TV shows to discover something new
Utz Brands (UTZ) Q3 Earnings and Revenues Lag Estimates
Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions
Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.
Ro launches healthcare research unit, plans to offer data to drugmakers
Previous efforts by drugmakers to create longevity treatments have ended in disappointment. A new wave of biotech founders and investors argue that this time will be different
Humana raises full-year profit forecast on lower medical costs
Bullish
Airbnb rises on upbeat outlook, bucking broader industry caution
ABNBBullish
Wave of bomb threats afflict European flights for third time this week
Apple's predictive text restrictions include 'Dictator Trump' and 'Sleepy Joe,' researcher finds
Elanco Animal Health Incorporated (ELAN) Q3 Earnings and Revenues Surpass Estimates
Gautam Adani agrees $2.9 billion European acquisition
10 Friday AM Reads
My end-of-week morning reads: • The Real Culprit Behind High Grocery Prices: Rogé Karma: from 2015 to 2019 wages grew about 30 times faster than grocery prices; food now costs about 30% more than in January 2020. City-run stores and price controls would barely dent it. The Kitchen Table Project’s answer is a public option… Read More The post 10 Friday AM Reads appeared first on The Big Picture.
Bullish
Citi explains why the AI trade may remain under pressure
El Niño is poised to help drive a potential record increase in the atmosphere’s carbon dioxide next year, as heat and drought weaken natural carbon sinks, the UK Met Office says
Neutral
France lifts wine output forecast despite historically weak crop
Bullish
Outside groups urge congressional Dems to target corporate interests over Trump
Groups and strategists advising Democrats are warning them to use their investigative tools on corporate interests, rather than on President Donald Trump.
Bearish
While the market was crashing, this AI-picked stock jumped 22% yesterday
Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates
The cybersecurity company flagged similar multi-stage intrusion patterns behind other high-profile crypto heists, including the $388 million Bitget hack.