The Brutalist Report

MarketWatch

• Crypto: Investors fear potential FTX bankruptcy spilling over to reeling crypto, stock markets [1404d]
• Key Words: Binance CEO in internal memo: ‘I had very little knowledge of the internal state of things at FTX’ [1404d]
• Earnings Results: ‘Housing companies are in the jungle now’ — Redfin sees housing downturn through at least next year [1404d]
• Earnings Results: Unity Software stock drops as revenue fall short of Wall Street expectations [1404d]
• Earnings Results: Applovin stock falls 5% following earnings miss, another outlook cut [1404d]
• Earnings Results: Marqeta stock gains after earnings as revenue forecast exceeds expectations [1404d]
• Washington Watch: Biden suggests no pivot after midterm elections: ‘I’m not going to change anything’ [1404d]
• Washington Watch: Here’s how candidates endorsed by Trump performed in the midterm elections [1404d]
• TaxWatch: ‘Voters are looking for help’: With control of Congress is still too early to call, here are 3 burning tax questions [1404d]
• Crypto: Binance confirms it’s backing out of deal to buy FTX assets [1404d]
• Capitol Report: ‘Is there anything about crypto that is as it seems?’ FTX failure threatens industry’s reputation in D.C. [1404d]
• Earnings Results: Rivian posts narrower quarterly loss than Wall Street feared, keeps production guidance intact [1404d]
• The MarketWatch Q&A: ‘Dog whisperer’ Cesar Millan says it’s not true that certain dog breeds are smarter than others [1404d]
• The Margin: Meta follows Twitter in making major job cuts [1404d]
• : ‘I’m growing more concerned’: The lawsuit that could derail Biden’s student-debt cancellation [1404d]
• Personal Finance Daily: With Senate results too close to call, food-aid programs for low-income Americans hang in the balance, and mortgage refinancing demand falls to lowest level since 2000 [1404d]
• Michael Brush: A slew of catalysts for a stock market rally are converging at the same time [1404d]
• Washington Watch: DeSantis viewed as frontrunner for Republican 2024 presidential nomination after Trump’s candidates flop in midterm elections [1404d]
• In One Chart: Midterm elections may not provide typical boost for U.S. stocks, Deutsche Bank warns, pointing to ‘real jaw dropper’ in this chart on recessions in presidential cycles [1404d]
• Cannabis Watch: Wana Brands CEO makes seven-figure donation to fund cannabis research [1404d]
• : Tesla’s stock selloff intensifies, on track for lowest close in nearly 2 years [1404d]
• The Human Cost: Food-aid programs for low-income Americans hang in the balance — with Senate results still too close to call [1404d]
• Market Extra: Financial markets cling to hope that inflation is easing ahead of October’s CPI data [1404d]
• Key Words: ‘I just killed it’: Musk scraps Twitter’s gray ‘official’ label just hours after its launch [1404d]
• The Ratings Game: Disney stock tumbles toward worst day since 2020 as ‘the risks appear skewed against’ the media giant [1404d]
• : FTX problems mean big headaches for its private equity investors [1404d]
• Crypto Update: Crypto investors rattled as Binance reportedly leans against completing its acquisition of rival FTX [1404d]
• Brett Arends's ROI: Here’s why you should be worried about state and local pensions [1404d]
• The Tell: S&P 500 will fall another 16% before bottoming out at 3,200 in the middle of next year, UBS economist says [1404d]
• The Fed: Fed shouldn’t back off rate hikes for fear of a downturn, Barkin says [1404d]
• : White House anti-hunger plan enlists gig companies including DoorDash and Instacart — whose workers sometimes go hungry themselves [1404d]
• The Ratings Game: AMC should avoid ‘distractions’ like credit cards, popcorn and dive deeper into IMAX, says analyst [1404d]
• Coronavirus Update: Manufacturing hub Guangzhou is latest Chinese city to face lockdowns as COVID cases rise [1404d]
• Economic Preview: U.S. inflation likely to post another sharp increase in October, CPI to show [1404d]
• : ‘The housing market will get smaller in 2023’: Redfin lays off 13% of staff [1404d]
• Earnings Results: Roblox stock sinks after earnings as losses swell [1404d]
• : Morgan Stanley funds have billions riding on a bet against Goldman Sachs. It depends what happens on Thursday. [1404d]
• Futures Movers: Oil prices on track to fall for third session as traders await U.S. inventory report [1404d]
• : JPMorgan Chase and 5 other U.S. mega banks behind a third of the global funding expanding coal, oil and gas [1404d]
• MarketWatch First Take: Kohl’s CEO loss is Levi Strauss’s gain, says retail expert [1404d]
• Cannabis Watch: Voters approve cannabis use for adults in one red state, one blue state [1404d]
• Earnings Results: Novavax stock rallies, even as company offers a dimmer sales forecast for vaccines [1404d]
• Earnings Results: Plug Power results come in below Street view following warning [1404d]
• Need to Know: Investors are getting good at expecting the worst. Here’s what the smart worriers should be doing now, says this strategist. [1404d]
• Metals Stocks: Gold pulls back from 1-month high, silver retreats from highest level since June [1404d]
• : Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says ‘I take responsibility’ [1404d]
• Economic Report: Mortgage refinancing demand falls to lowest level since 2000 [1404d]
• : Nursing home? No thanks. 70% of people surveyed would rather not. [1404d]