Trump, Xi agree to ease trade war in high-stakes meeting
President Trump announced an agreement with Chinese President Xi Jinping to ease their trade war following a meeting Thursday, with the U.S. scaling back tariffs and China delaying export controls and resuming some soybean purchases.
Trump told reporters aboard Air Force One that he agreed to cut fentanyl-related tariffs on Beijing in half,
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Read MoreJoby and Nvidia: Massive Autonomous Flight News
Joby is taking a big step toward autonomous flight.
Shares of Joby Aviation (JOBY 2.11%) popped 10% on Wednesday after the company announced a partnership with Nvidia (NVDA 1.65%) to use the chipmaker’s platform for autonomous flight.
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Read MoreBitcoin Briefly Drops to $108K, ETFs Shed $471M: Analyst Forecasts Critical Moment
Key Notes
- Bitcoin briefly fell to $108K before rebounding to $111K amid ETF outflows.
- Spot Bitcoin ETFs saw $471M in withdrawals, signaling reduced demand.
- Analyst Jason Pizzino warns Bitcoin’s 5- and 10-year cycles are diverging from trend.
Bitcoin
BTC
$110 060
24h volatility:
2.6%
Market cap:
$2.20 T
Vol.
Can ETFs And Tokenized Assets Really Bridge The Gap Between Traditional Finance And Blockchain?
Why This Bridge Matters Now
Over the last couple of years, institutional investors have become more interested in digital assets, especially after the endorsement of Bitcoin and Ethereum ETFs in key markets such as the U.S. and Hong Kong. Tokenization, however, has begun to unlock illiquid assets — ranging from private credit to art — and make them available to the international marketplace.
Read MoreShould You Buy Exact Sciences Stock Before Nov. 3?
Key Points
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Exact Sciences’ most important product is driving solid revenue growth.
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It has launched several others that could help boost sales and jolt the stock.
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Read MoreThe Burst
1 Galactic Stock Up 50%, Will It Keep Going?
A few months ago, we wrote an article titled Is This Stock Set To Blast Off in which we featured Planet Labs, trading at under $2 per share at the time.
Since then, the stock is up by over 50% on a slew of positive news including a new 7-figure deal with NATO.
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Read MoreThe Ivy
Billionaire Bets on Fast Growth Unit In Boring Stock
If you only look at consumer trends within the United States, it might seem odd that Philip Morris’s stock has done so well. Aren’t people giving up cigarettes?
For the most part, they are, but the company has planned for the effects of smoking cessation programs. The share price speaks to Philip Morris’s success.
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Read MoreThe Spotlight
Spotlight: Will This Weed Stock Get Your Portfolio High?
Canopy Growth was at the forefront of the cannabis industry just a few years ago. But the Canadian cannabis producer has faced significant struggles that have reduced its valuation from billions to millions, as revenues have declined and losses have piled up.
In 2018, Canopy stock pushed past $50 per share, but investors have gradually given up on the stock since then.
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