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Salesforce draws cool investor reaction to $6 billion deal

Finance 4h
Salesforce draws cool investor reaction to $6 billion deal

Salesforce is buying a company for nearly $6 billion at a 58% premium, and investors responded coolly.

TL;DRInvestors wary of Salesforce's costly acquisition

MarketWatch7s read
Source
Crypto 8m
Bitcoin ETFs post best day in nearly a month

TL;DRBitcoin fund inflows hit highest level in weeks.

Decrypt5s read
Source
Crypto 9m
Strive raises $630 million in SATS preferred stock IPO

The company says proceeds could fund Bitcoin buys, without giving an amount.

TL;DRBitcoin use is possible, but no amount is given.

Melee Flash6s read
Crypto 13m
Cuomo calls tokenized stock objections a natural response

The former New York governor, co-chair of the OKX and ICE joint venture, says issuer pushback is expected.

TL;DRIssuer pushback on tokenized stocks is expected

CoinDesk8s read
Source
Politics 15m
Bloomberg spent $80M backing Democrats in midterms

Michael Bloomberg, per the NYT, put $80M into efforts to help Democrats in the midterms.

TL;DRMajor donor funds Democratic midterm push

CNBC7s read
Source
Sports 18m
Stafford nears record for most quarterback losses

Stafford is one defeat away from tying the NFL record for quarterback losses, a mark he's unlikely to celebrate.

TL;DRStafford's durability is keeping him in the record books.

CBS Sports8s read
Source
Stocks 21m
SpaceX investors press Musk on Tesla merger ahead of results

Investors in SpaceX are pressing Elon Musk about a possible merger with Tesla before the company reports results.

TL;DRShareholders seek clarity on a Tesla combination

Investing.com8s read
Source
Stocks 24m
Tesla investors look to earnings for key updates

Financial results matter less to investors than updates on the company's future plans.

TL;DRInvestors focus on company updates over financial results

MarketWatch6s read
Source
Crypto 25m
JPMorgan forecasts 10% annual bitcoin returns long term

TL;DRBank expects steady double-digit bitcoin gains over time

The Block5s read
Source
Culture 29m
Traders bet Netflix stock swings may ease

Options prices imply a 9% move in Netflix shares after earnings, the highest level in some time.

TL;DROptions imply a 9% post-earnings move for Netflix.

CNBC7s read
Source
Stocks 39m
Musk, Anthropic outline AI wealth-sharing plans

TL;DRPlans could reach over $110 billion, details still pending.

CryptoSlate5s read
Source
Politics 43m
Kean's reelection prospects described as bleak

New Jersey Republican Thomas Kean Jr. faces grim odds for keeping his battleground seat after months out of view.

TL;DRBattleground seat looks increasingly difficult to hold.

The Hill8s read
Source
Culture 45m
CAA's Sutherland says too early to judge Netflix firings fallout

CAA's Roeg Sutherland says the impact of Netflix firings is too soon to predict, and sees recent mergers as opportunity.

TL;DRToo early to judge; mergers seen as opportunity

Variety9s read
Source
Culture 48m
Iger's new book covers his second Disney CEO term

Iger's first book, The Ride of a Lifetime, came out in 2019; the new one is One Last Time.

TL;DRIger to publish a book on his return to Disney

The Hollywood Reporter8s read
Source
Finance 49m
Housing data weakens as Fed considers more rate hikes

Separate reports on Tuesday showed housing data deteriorated further in September.

TL;DRWeaker housing data adds pressure on Fed policy

CNBC Markets6s read
Source
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