Today’s Live Updates on the Stock Market

Moody’s Downgrades U.S. Credit Outlook U.S. stock futures slipped on Sunday night following Moody’s Investors Service’s decision to lower its U.S. credit rating outlook from stable to negative, citing higher interest rates and deficits as contributing factors. Dow Jones Industrial Average futures dipped 54 points, or 0.1%, while futures tied to the S&P 500 and…

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Is the Security of US Treasurys as a Safe-Haven Asset Still Intact? Growing Concerns over Default and a Major Bond-Market Crash Raise Questions

Lately, US Treasurys have been losing their status as the go-to asset for investors seeking safety during times of uncertainty and panic. The historic bond sell-off and concerns about rising default risks have significantly impacted the reputation of Treasurys as a safe haven. Financial markets have been engaged in a heated debate over the potential…

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Former Apple employees introduce AI-Pin, a wearable device aiming to supplant your smartphone

San Francisco-based startup, Humane, has recently launched its first product, the AI Pin. This AI-powered smart device comes with a small projector and is aiming to revolutionize the way we interact with technology. Founded by two ex-Apple employees, Humane is backed by heavyweight companies like Microsoft and ChatGPT developer OpenAI. Their new product, the AI…

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David Beckham’s advisor commended Warren Buffett’s leadership approach and encouraged soccer-club owners to emulate it

Sir Alex Ferguson, the legendary manager who oversaw Manchester United for 26 years, has praised Warren Buffett’s leadership style in his book “Leading.” Ferguson, who mentored soccer superstar David Beckham, touted Buffett’s long-term view and hands-off management approach as qualities that soccer-team owners should emulate. He co-wrote “Leading” with journalist and venture capitalist Michael Moritz…

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Tesla will take legal action against you and seek $50,000 in damages if you attempt to resell your Cybertruck within the first year.

Tesla has released the sale terms for its long-awaited Cybertruck ahead of its 30 November release. According to Tesla’s terms and conditions, customers set to receive the first Tesla Cybertrucks this November will be prohibited from reselling their vehicles during the first year. The company added a section titled “For Cybertruck Only” to its Motor…

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