Bitcoin, Ethereum, and Dogecoin Weaken Amid Iran-Israel Tensions; Tim Cook Sells 220K Apple Shares Worth $50M - Top Headlines Today While US Slept

BY Benzinga | ECONOMIC | 10/03/24 09:42 AM EDT

Crypto

  • SWIFT Targets 2025 To Test Digital Currency Trades As Central Authorities Look To Keep Pace With Bitcoin’s Efficiency
  • Gary Gensler’s SEC Appeals 2023 Ruling Against Ripple Labs ? XRP Tanks 10%: Just Prolongs ‘Complete Embarassment’ For Agency Says Company Exec
  • Bitcoin, Ethereum, Dogecoin Remain Weak Thanks To Iran-Israel Tensions: ‘Wars Aren’t For Selling,’ Says Noted Trader

US Politics

  • Trump Vs. Harris: Who Do Voters Trust More To Handle Crypto Policies?
  • Trump’s Niece Calls Concessions Tim Walz Made to His Opponent During Tuesday’s Debate Shocking: ‘Won – Not On Style..But On Substance’
  • Biden Signs Law To Exempt Certain US Chipmaking Facilities From Federal Environmental Reviews Under CHIPS Act
  • Trump And Harris Crypto Campaign Wild And Crazy: ‘Number Go Up’ Author Questions Whether Bitcoin Voters The Real Target: ‘There’s Definitely Quite A Few Really Rich Cryptocurrency Guys’

US Markets????????

  • US Stocks Staring At Another Weak Open As Traders Await Key Jobs Report; Sentiment Wavers As Oil Extends Surge Amid Middle East Tensions
  • Asia Mixed, Europe Markets Fall While Crude Rises On Middle East Tensions ? Global Markets Today While US Slept
  • Why Levi Strauss Shares Are Trading Lower By Over 10%; Here Are 20 Stocks Moving Premarket
  • S&P Settles Slightly Higher Despite Middle East Concerns: Fear Index Remains In ‘Greed’ Zone

US Economy

  • US Economy ‘Much Better Than The Rest Of The World’ Despite Geopolitical Strains, Says Expert

World Economy

  • These US-Listed Chinese Stocks Set To Surge Amid Beijing’s New Stimulus Plan: Citi
  • Ray Dalio Sees Potential For ‘Beautiful Deleveraging’ In Xi Jinping’s Economic Strategy For China        

Tech

  • Amazon CEO Andy Jassy Said Prime Video Will Have ‘Meaningfully Fewer Ads’ Than Rivals. 2 Months Later, Streaming Giant Is Reportedly Set To Get More Ads
  • Supermicro And Fujitsu Partner For AI-Powered Server: What’s In Store?
  • Amazon Prime Video Ramps Up Ads, Taking on Netflix and Disney+ in Streaming Battle
  • EXCLUSIVE: Worksport Expands Sales to Federal Agencies, Eyes Growth with Clean-Tech Products
  • Warren Buffett-Led Berkshire Hathaway Pares Bank Of America Stake By $338M, Marking 13th Round Of Sales Amid Growing Speculation On Strategic Shifts
  • Better Quality Or Higher Loyalty? Apple’s iPhone Users Retain Their Devices Longer Than Those Buying Google’s Pixel And Samsung’s Galaxy Smartphones
  • Tim Cook Offloads Over 220K Apple Shares Worth $50M
  • Apple Team Reportedly Visits Fire-Hit Vendor Facility In Tamil Nadu, Offers ‘Counsel And Advice’ To Tata
  • Google Assures Employees It’s Not About To Pull Off An Amazon On Them When It Comes To Work From Home
  • Mark Zuckerberg’s Meta Can Use Ray-Ban Images You Click To Train AI: There’s No Opt Out Either
  • Gmail Introduces Dynamic Summary Cards For Easier Tracking Of Purchases, Events, And More
  • Google Offers To Settle Indian Antitrust Case Related To Smart TV Probe: Report
  • Nvidia CEO Jensen Huang Says Demand For Next-Gen Blackwell GPU Platform Insane: ‘Everyone Wants To Have The Most, And Everyone Wants To Be First’
  • Jensen Huang On Transformative Partnership With Accenture: AI As ‘Digital Employees’ Will Revolutionize Productivity

Electric Vehicle

  • Tesla’s ‘Cybercabs’ Could Be A Potential Ride-Sharing Disruptor, Says Analyst: Here’s What Investors Can Expect At Oct 10 Robotaxi Event

Consumer

  • Constellation Brands Reports Upbeat Earnings, Joins Constellation Energy And Other Big Stocks Moving Higher In Thursday’s Pre-Market Session
  • Levi Strauss Considers Dockers Sale: What This Means For The Iconic Denim Brand

Communication

  • European Telecom Giants Threaten Legal Action Against Elon Musk’s Starlink Over Potential FCC Rule Changes

Industrial

  • Albany International Cuts FY24 Guidance: Aerospace Turbulence Hits Revenue And Profit Outlook
  • Port Strike Enters Day 3: Economist Warns Of ‘Meaningful’ Impact If Standoff Prolongs, Food & Beverages Likely First To Feel The Pinch
  • Top Wall Street Forecasters Revamp AngioDynamics Price Expectations Ahead Of Q1 Earnings
  • Southwest Airlines Director Rakesh Gangwal Invests Over $100M In Shares Amid Elliott Management’s Pressure For Leadership Changes

Financial

  • Jim Cramer Pushes For Strategic Price Cuts Among Companies Amid Inflation Worries: ‘It May Be Time For A Giant Reset’
  • Farmland Partners Sells 46-Farm Portfolio For $289M: Details
  • Bank Of America Glitch Leaves Customers Seeing $0 In Accounts ? What Happened?
  • Cathie Wood-Led Ark Venture Fund Agrees To Invest At Least $250M In OpenAI’s Historic Funding Round, ChatGPT-Parent’s Now Valued At $157B: Report

General

  • Elon Musk Says ‘OpenAI Is Evil’ After ChatGPT-Parent Reportedly Asked Investors Not To Invest In Rivals, Including xAI: Ark’s Cathie Wood Says It’s ‘Not True

Energy

  • Why Plug Power Stock Is Sliding In Thursday’s Premarket

Photo by SvetlanaParnikova on Shutterstock

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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