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The Latest Breaking News from Bernstein

Are investors bored of Bitcoin? Its 90-day volatility is now the lowest since 2016

Bitcoin's low volatility is leading more short-term investors to prioritize traditional markets.

Fortune

Stablecoins Will Create ‘The New Bedrock For How Finance Moves Around,’ Says Archblock’s Bill Wolf

The Chief Information Officer at Archblock, believes that stablecoins are set to revolutionize the financial landscape

Zenger

Markets Today: Stocks Fall on Negative Carryover from China’s Debt Crisis

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.15%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock indexes this morning gave up an overnight advance and are modestly lower. Higher T-note yields this morning are a bearish factor for stocks. Also,...

Barchart

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China is Now Home to 40% of All Arm Servers: Report

China uses more Arm-based servers than any other country, according to Bernstein.

Tom’s Hardware

SEC likely to change its tune on spot Bitcoin ETF, according to Bernstein

The regulator has received applications to create a spot Bitcoin ETF from several TradFi players including Fidelity and BlackRock.

Fortune

Tesla Sales Soar, But Analyst Forecasts Challenging Business Conditions

Tesla hasn't launched any new models in a long time, which could impede its growth, as per Bernstein analyst

InsideEVs

Alphabet's downgrade double-whammy

In a downgrade double-whammy, UBS AG and Bernstein both warned that generative A.I. represents a near-term threat to Google search ad revenue and its profit margins.

Fortune

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Is Amazon.com (AMZN) a Good Buy for the Week?

Amazon.com (AMZN) is venturing out into new avenues with an aggressive expansion strategy. Would it be wise to invest in the e-commerce giant now? Let’s look at its financial metrics to know more….

StockNews.com

PC market might return to normal this year analyst says noting Intel and AMD reports

The PC market has taken a dive in recent years, but it's looking like things could look "less ugly" by end of year.

Windows Central

Is the grocery industry broken?

In a world where we're forced to choose between monopolies, it becomes apparent that the grocery industry is broken

Salon

Here's How Tesla Aims To Cut Manufacturing Costs In Half

Tesla hopes to increase its production numbers even more than it has in the last few years, and ultimately reduce its manufacturing costs in the coming decade.

InsideEVs

British Gas owner expected to reveal record profits of £3bn

Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment meters

The Guardian - UK

Tesla Sharply Lowers EV Prices In US: You Can Now Own A Model 3 For Little Under $36,500

Tesla Inc

Zenger

Hollywood school took 8 hours to find teen overdose victim in bathroom, mother's lawsuit alleges

LOS ANGELES — Melanie Ramos was missing for eight hours before she was found dead of suspected fentanyl poisoning in a Hollywood school bathroom this year, the 15-year-old's mother and her lawyers said Wednesday in announcing a lawsuit against the Los Angeles Unified School District.

Los Angeles Times

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Financial Times

The week that could unravel the global oil market

As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined

The Independent UK

Italian EV startup takes on US, Chinese rivals with design

A new fully electric vehicle startup in Italy is challenging U.S. and Chinese rivals with “Made in Italy" design

Benzinga

Meta Platforms To $200? These Analysts Slash Price Targets On Meta Following Q3 Results

Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

Benzinga

Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

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news in one place.

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The Independent UK

Electric vehicles take center stage at pared-back Paris show

The Paris auto show is back

Bangkok Post

Meet the Army of Robots Coming to Fill In for Scarce Workers

A new wave of robots is arriving -- and, in a world short of workers, business leaders are more eager to welcome them than ever.

Los Angeles Times

Student suffers possible drug overdose Friday at Bernstein High School

LOS ANGELES — A 17-year-old student was hospitalized for a possible drug overdose at Helen Bernstein High School on Friday afternoon, according to the Los Angeles Police Department.

Reuters

Analysis-Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian supply would make power rationing or blackouts all but inevitable.

Tribune News Service

Grocery prices prompt 'trading down' to cheaper alternatives, more awareness of food waste

More grocery shoppers are turning to store brands and frozen food as inflation forces cost-cutting and a drive to reduce personal food waste, recent surveys show.

Los Angeles Times

After string of teen overdoses, LA schools will get overdose reversal drug naloxone

LOS ANGELES — Los Angeles public schools will stock campuses with the overdose reversal drug naloxone in the aftermath of a student's death at Bernstein High School, putting the nation's second-largest school system on the leading edge of a strategy increasingly favored by public health experts.

Los Angeles Times

‘One pill kills’: Student’s overdose death prompts urgent action among educators, police

LOS ANGELES — Melanie Ramos, a 15-year-old student who died of a drug overdose this week at Helen Bernstein High School in Hollywood, loved to travel, dreamed of one day joining the Army and was best friends with her sisters.

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