Oura's Heavily Oversubscribed IPO Signals Hype, Not Wearables Validation
Oura's IPO sees four times demand, but the oversubscription may indicate market scarcity rather than genuine investor conviction.
Crypto, forex and global macro markets — insight to help you spot the opportunity
Oura's IPO sees four times demand, but the oversubscription may indicate market scarcity rather than genuine investor conviction.
Gold fell below $4,200 as yields rose; oil climbed on Iran tensions; Japan services PPI rose 3.7%.
China's industrial profits rose 4.2% in August, while AI-driven growth boosted rival economies much faster.
Japan's Nikkei fell back from an early 1% gain as Nasdaq futures weakened and caution set in before Micron's earnings.
US diesel prices posted a record annual gain, echoing the 2008 gasoline spike and raising concerns about persistent inflation.
Jim Cramer names Nvidia and Apple as the only stocks he will never sell, citing management quality and past calls, while warning that even they aren't…
Treasury settles $202 billion in bonds Sept 30, leaving net new supply of $58.42 billion. No data links the settlement to Bitcoin, which trades near $84,000.
Goldman Sachs says a US diesel export ban would lower American prices by 4% and raise European costs by 2%, while risking higher gasoline prices at home.
China's industrial profits rose 4.2% in August from a year earlier, the weakest monthly gain this year, as the year-to-date rate eased to 15.7%.
BlackRock CIO Rick Rieder cuts equities for high-grade bonds yielding 7-8%, preferring them over expected stock returns of 10-12%.