The Daily Editor

Investors understandably tie today’s technology industry to artificial intelligence (AI). Since cutting-edge technology has driven much of the innovation, investors could easily fall into the trap of assuming that all tech companies are AI enterprises as well.

Nonetheless, in many tech enterprises, AI is more of a secondary growth driver. Given that, tech stocks like Amazon (AMZN -0.34%) and Sea Limited (SE -1.37%) should continue to drive long-term growth,

 » Read more about: 2 Tech Stocks to Buy Now and Hold for a Decade (Hint: 1 Isn't in the AI Trade)  »

Bitcoin exchange-traded funds traded more than $7.5 billion in the week ending October 16, 2026. Investors still pulled out roughly $145 million on net over the same stretch.

A busy trading week with a mild outflow

Cumulative trading volume across the US spot Bitcoin ETFs topped $7.5 billion through October 16.

 » Read more about: Bitcoin ETFs trade over $7.5B in a week despite $145M in net selling  »

A notice from the bank regarding a change in your mortgage interest rate.

“My monthly repayment amount hasn’t changed yet.”

Have you ever just checked that and felt like closing the envelope? You come home from work, prepare dinner, and get ready for the next day. I think there are days when you don’t have the energy to read through difficult numbers.

 » Read more about: What if the variable interest rate rises by 1 point? Repayment amounts for a 45 million yen balance and things to discuss with your family  »

Federal Reserve Chairman Kevin Warsh on Friday said that the U.S. economy has “broadly” moved in the direction that the central bank expected during its last meeting in September, when it raised rates for the first time since 2023.

In the weeks since, inflation as measured by the consumer price index jumped to 3.7%.

 » Read more about: Warsh says Fed is focused on taming rising prices, but gives no hint about next rate hike  »

Stocks on Wall Street are mixed Friday as another pullback in big technology companies weighs on the market.

The S&P 500 was down 0.1% and on track for a weekly loss.

 » Read more about: US stock indexes are mixed as tech sector weighs on market  »

Hello, it’s Kira💅✨

You see ‘real interest rates’ in gold and FX news. Even though they have ‘interest rate’ in the name, they aren’t the same number as nominal interest rates. Today, I’ll break down the difference♡

■ Consider the outlook for prices as well
Nominal interest rates are rates before subtracting changes in prices.

 » Read more about: If interest rates rise, do real rates rise too? Let's distinguish them from 'nominal' rates  »

The Social Security Administration (SSA) has released its annual Cost of Living Adjustment for 2027, increasing benefits for monthly Social Security and Supplemental Security Income (SSI) payments for 76 million people.

On Oct. 14, the SSA announced a 3.6% benefit increase in 2027 for Social Security retirement, Old-Age, Survivors,

 » Read more about: Social Security benefits will increase by 3.6% in 2027 after COLA  »

 » Read more about: PBF Energy (PBF) Stock May Be Undervalued On Q3 Fuel Market Tightness  »

 » Read more about: Failed Breakout in Tech? 3 Sectors Leading the Market Rotation  »

This article first appeared on GuruFocus.

Rocket Lab (NASDAQ:RKLB) attracted fresh investment from Cathie Wood’s ARK Invest even as concerns over its next-generation rocket program weighed on the shares.

ARK funds purchased 168,633 Rocket Lab shares valued at about $9.3 million on Thursday.

 » Read more about: Cathie Wood Just Bought $9.3 Million of This Beaten-Down Space Stock  »