📈 Stocks / Finance

U.S. Crude Oil Prices Dip Below $71 Amid Easing Middle East Tensions

CNBC

U.S. crude futures dropped to $70.28 per barrel, continuing a sell-off after Israel's decision not to target Iran's oil facilities. Fears of a supply disruption have eased, reversing gains from earlier geopolitical tensions. Brent fell to $73.94, while natural gas declined 1.36%.

Morgan Stanley Surpasses Q3 Estimates, Driving Shares Up 7.5%

CNBC

Morgan Stanley exceeded analysts' expectations for Q3 2024, with profit rising 32% to $3.2 billion and revenue increasing 16% to $15.38 billion. Boosted by strong performances in wealth management, trading, and investment banking, shares surged 7.5% in early trading.

Boeing Set to Raise $15 Billion Through Stock and Hybrid Bonds

Reuters

Boeing plans to raise $15 billion via common shares and hybrid bonds to stabilize finances hit by strikes and operational setbacks. Regulatory filings indicate the potential to raise up to $25 billion, as the company works to protect its investment-grade rating amid cash burn and debt concerns.

🪙 Crypto

Tesla's Unexpected Bitcoin Transfers Stir Crypto Market

Yahoo Finance

Tesla has moved 11,509 BTC, worth $770 million, to new wallets, marking its first Bitcoin transaction since 2022. The company, the third-largest public Bitcoin holder, has sparked speculation about potential future sales. Tesla’s history with Bitcoin includes significant divestments.

🌎 Global Economy

U.S. Outperforms G-7 Peers Amid Global Economic Shifts

RSM US

The U.S. economy has grown 2.9% annually over eight quarters, outperforming G-7 peers. Strategic monetary and fiscal policies have bolstered growth, with productivity rising 2.7%, surpassing inflation. Foreign capital inflows and advanced technology adoption support ongoing expansion.

🗞️ Other Newsletters You Might Like

Essential stock market insights every day before the bell rings.

Navigate the Stock Market with these Free Daily Trade Alerts

• Master the market in 5 minutes per day

• Hot stock alerts sent directly to your phone

• 150,000+ active subscribers and growing fast!

Gain Free Access Here