- Augury ⍺ 🟢
- Posts
- Regional banks drag U.S. stocks amid loan fraud concerns
Regional banks drag U.S. stocks amid loan fraud concerns
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Regional banks drag U.S. stocks amid loan fraud concerns
Zions fell 13.1% and Western Alliance 10.8% after disclosing fraud-related loan issues, fueling fears of broader credit risks. The S&P 500 dropped 0.6% as bank stress overshadowed strong TSMC results and mixed corporate earnings. Treasury yields and oil prices also declined.
Tesla nears early buy point as analysts split on outlook
Tesla is near a 440.51 early entry amid Q3 earnings anticipation, but BNP Paribas gave it a $307 price target, citing 29% downside. Barclays raised its target to $350. Tesla rose 5.3% this week, helped by Monday’s rebound above the 21-day EMA. Q3 earnings are due Oct. 22.
TSMC earnings boost Nvidia outlook amid AI chip demand
TSMC beat Q3 estimates with 41% YoY USD revenue growth, driven by AI chip demand. Its HPC segment surged 57%, and Q4 guidance topped expectations. CEO C.C. Wei cited accelerating AI momentum, signaling continued tailwinds for Nvidia, which dominates data center GPU supply.
🪙 Crypto
Bitcoin drop triggers $524M in liquidations, altcoins trail
Bitcoin’s dip below $110K sparked $524M in crypto liquidations, with altcoins like ETH and XRP falling up to 5%. Options data shows a surge in bearish bets, as traders hedge against further downside amid U.S.–China trade tensions and fragile risk sentiment.
🌎 Global Economy
IMF debt hits $162B, raising investor focus on Argentina and Ukraine
86 nations owe the IMF $162B, with Argentina ($57B), Ukraine ($14B), and Egypt ($9B) leading. Argentina's 2018 bailout remains the largest in IMF history. Investors are watching debt sustainability and geopolitical risk as IMF exposure to distressed markets rises.
Don’t get SaaD. Get Rippling.
Disconnected software creates what we call the execution tax: wasted time, duplicate work, and stalled momentum. From onboarding checklists to reconciling expenses, SaaD slows every team down.
Rippling is the cure. With one system of record, you can update employee data once,and it syncs everywhere: payroll, benefits, expenses, devices, and apps.
Leaders gain real-time visibility. Teams regain lost hours. Employees get the seamless experience they deserve .
That’s why companies like Barry’s and Forterra turned to Rippling – to replace sprawl with speed and clarity.
It’s time to stop paying for inefficiency.
Don’t get SaaD. Get Rippling.