Author: Anthony M. Orbison

Most investors who have at least $1 million in investable assets are planning to vote for Vice President Kamala Harris, per a new report from wealth manager UBS. The actual breakdown: 57% of the 971 U.S. investors UBS surveyed last month said they’re opting for Harris; 43% are planning on Trump.  And yet, those same investors say former President Donald Trump would actually be better for the economy—narrowly. UBS surveyed 971 U.S. investors about the election last month; 38% are Republicans, 34% are Democrats, and 26% are Independents. Nearly all the respondents said the economy is their primary concern as…

Investing.com — U.S. stocks edged lower Monday, on the final day of a positive September as investors look to comments from Fed Chair Jerome Powell for clues over future interest rate cuts.  By 12:58 ET (16:58 GMT), the was down 144 points, or 0.3%, the index was flat, and the index was 0.1% higher. September–historically the weakest month for the stock market–is on course to be a positive month, in the wake of the decision of the US central bank to cut interest rates by an outsized 50 basis points. The blue chip has gained 1.8% month-to-date, ending Friday’s session at a…

ETP issuer Valour has launched a fully backed Ethereum staking ETP on the London Stock Exchange, marking a pivotal step for institutional access to decentralized finance in the U.K. Valour, a Swiss digital asset investment firm run by DeFi Technologies Inc., has introduced a physically-backed Ethereum (ETH) staking exchange-traded product on the London Stock Exchange, providing institutional investors with passive, non-leveraged exposure to ETH while allowing them to earn staking rewards. In a Sept. 30 press release, the Swiss firm stated that the product complies with the Financial Conduct Authority’s stipulations and is supported by ETH held in cold storage…

US stocks wavered on Monday but were still set for strong monthly and quarterly gains as investors waited to hear Federal Reserve Chair Jerome Powell speak in the run-up to the crucial monthly jobs report.The S&P 500 (^GSPC), was near the flat line while the Nasdaq Composite (^IXIC) bounced off its lows of the day to rise 0.1%. Meanwhile, the Dow Jones Industrial Average (^DJI) slipped about 0.3%.The Wall Street indexes were still eyeing a monthly gain heading into the last trading day of September, typically the cruelest month for stocks. The Federal Reserve’s jumbo interest rate cut and signs…

The tech sector represents companies that develop and sell technology products and services. It includes software developers, hardware manufacturers, internet companies, and semiconductor firms. Tech stocks are shares in these innovative companies traded on public exchanges. The sector is known for its potential for rapid growth and disruptive innovations. Investing in tech stocks can offer several advantages. Many tech companies are at the forefront of digital transformation trends. They often have scalable business models, allowing for rapid expansion. Some tech giants offer steady dividends, appealing to income-focused investors. However, tech stocks also come with risks. The sector can be volatile,…

Ethereum might see some big changes soon. Vitalik Buterin, its co-founder, has suggested some new ways to measure how well projects fit with Ethereum’s goals, and we’re excited! These new ETH metrics aim to unite the Ethereum ecosystem, which could solve one of the blockchain’s biggest social issues. Let’s dive right in and explore what Buterin had to say on this topic. Also Read: Shiba Inu: Could FOMO Drive SHIB Coin Toward 90% Rally? Unlocking 100x Returns: Bitgert, POPCat, and Render in the Crypto Boom Source: CryptoSlate Buterin’s Plan for a United Ethereum Buterin wrote about his ideas in a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vodafone and CK Hutchison’s Three UK have offered to limit price increases on some phone tariffs as they try to win approval for their £16.5bn domestic merger from the UK competition watchdog.The companies reiterated on Monday that they disagreed with the Competition and Markets Authority’s provisional findings that the transaction would increase prices for consumers. They also pledged to provide new pricing for wholesale customers to access their network, but it is unclear whether this will be enough to clear obstacles to…

Stocks open mixed.  The S&P 500 opened lower by four points, the NASDAQ opened higher by 32 points, and the Dow Jones Industrials is up 0.45% in early trading. Middle Kingdom mania. China stocks are back in vogue. Shares have zoomed higher after the regime highlighted stimulative policy in the wake of Fed rate cuts. I'm Eyeing These 3 Chinese Stocks as the Bulls Lead Us Out of SeptemberChina unleashed stimulus that could create opportunities in several speculative small caps; U.S. earnings season will kick off soon; and then we'll then look toward the next Fed meeting.…— James DePorre (@RevShark) September…

Ethereum co-founder Vitalik Buterin believes that integrating decentralization and cooperation is one of the most pressing social challenges in the Ethereum ecosystem. There is a diverse group of researchers and developers who are “all building toward their own visions of what Ethereum can be,” Buterin wrote in his blog on Saturday. He noted:“The primary challenge is making sure that all these projects are, collectively, building something that feels like one Ethereum ecosystem, and not 138 incompatible fiefdoms.”The concept of “Ethereum Alignment” has been proposed as a solution. However, the concept has been “poorly defined” so far. To solve the issue,…

Stellantis, the parent company behind Detroit brands Jeep, Ram and Chrysler, slashed its forecast for the full year on Monday in the latest alarm for a global car industry rocked by crisis. Shares in the Netherlands-domiciled group tumbled roughly 15% in trading in Europe, and were set for a similarly rough opening in U.S. trading, after the company informed investors it will badly miss its targets of both a underlying operating profit margin in the double-digits and positive net cash flow in its core manufacturing business. “Competitive dynamics have intensified due to both rising industry supply, as well as increased…