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(Some good news!) Treasuries rally as AI selloff drives flight to safety, 10-year yield at one-month low Cramer Calls Microsoft a Buy, Says Alphabet Carries Too Much Baggage Mistral opens Large 4 weights to challenge US and Chinese cyber AI Bitcoin Bulls Take the Biggest Hit in a $1.49 Billion Crypto Liquidation Day Amazon and Intel results deepen worries over AI boom costs as tech, chip stocks slide Strategy Reports $21B in Q3 Operating Income and Expands Bitcoin Holdings to 848,517 BTC PBOC sets USD/ CNY reference rate for today at 6.7138 (vs. estimate at 6.6548) Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade (Some good news!) Treasuries rally as AI selloff drives flight to safety, 10-year yield at one-month low Cramer Calls Microsoft a Buy, Says Alphabet Carries Too Much Baggage Mistral opens Large 4 weights to challenge US and Chinese cyber AI Bitcoin Bulls Take the Biggest Hit in a $1.49 Billion Crypto Liquidation Day Amazon and Intel results deepen worries over AI boom costs as tech, chip stocks slide Strategy Reports $21B in Q3 Operating Income and Expands Bitcoin Holdings to 848,517 BTC PBOC sets USD/ CNY reference rate for today at 6.7138 (vs. estimate at 6.6548) Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade
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Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.

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Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday.

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