📈 Stocks / Finance

AST SpaceMobile jumps 16% on HALO program selection

Investors Business Daily

AST SpaceMobile was chosen by the SDA to compete for satellite projects under the HALO program, focused on military communications and missile tracking. ASTS stock surged 16% on the news before closing down 4.5%, pulling back 36% from its August peak but still up 315% YTD.

Global shares rise as US yields decline, boosted by earnings

Reuters

Global stocks edged higher after three days of losses, driven by strong earnings and easing US Treasury yields. The S&P 500 gained 0.21%, while the Nasdaq rose 0.76%. Tesla surged 22% following optimistic sales forecasts. Benchmark 10-year yields fell 3.4 basis points to 4.208%.

BlackRock launches ETFs for targeted U.S. stock exposure

Yahoo Finance

BlackRock introduced three new ETFs, including two focused on the largest U.S. stocks and one excluding them to manage concentration risk. The iShares Top 20 U.S. Stocks ETF and iShares Nasdaq Top 30 Stocks ETF target mega-caps, while the iShares Nasdaq-100 ex Top 30 ETF seeks growth in smaller tech firms.

🪙 Crypto

U.S. Bitcoin ETFs Nearing Satoshi-Level Holdings

CoinDesk

U.S. spot bitcoin ETFs are set to hold over one million BTC, nearing Satoshi Nakamoto's 1.1 million tokens. BlackRock’s iShares Bitcoin Trust leads with nearly 400,000 BTC, contributing to recent inflows of $2.1 billion as bitcoin prices approach $68,000.

🌎 Global Economy

G20 finance leaders foresee a 'soft landing' for the global economy

Reuters

G20 finance chiefs, at the IMF and World Bank 2024 Fall Meeting, expressed optimism for a 'soft landing' despite ongoing global challenges. They called for resisting protectionism. A separate statement from Brazil highlighted differing views on discussing conflicts within the G20.

Start learning AI in 2025

Everyone talks about AI, but no one has the time to learn it. So, we found the easiest way to learn AI in as little time as possible: The Rundown AI.

It's a free AI newsletter that keeps you up-to-date on the latest AI news, and teaches you how to apply it in just 5 minutes a day.

Plus, complete the quiz after signing up and they’ll recommend the best AI tools, guides, and courses – tailored to your needs.

Sign up to start learning.

🗞️ Other Newsletters You Might Like

Essential stock market insights every day before the bell rings.