Market Digest: K and more | October 6, 2023

View research reports from Argus and trade ideas from Trading Central to understand future stock...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Friday, October 6, 2023 = [Crypto 101 Media]() [Why Crypto Reached New Heights In June Despite SEC's Shake Down]() Despite the SEC's legal attack on Binance and Coinbase, the experts, thought leaders, and institutional investors are in agreement that the next 12 months could be the most impactful in the history of cryptocurrency. The numbers in June 2023 speak for themselves. A 12%+ rally in June, despite the announcement of the SEC's lawsuit, proves that government overreach cannot stop the influx of millions pouring into the market. We are inviting you to join us at the Digital Currency Summit, as 27+ experts speak on their strategies and the assets that could reach new highs within the next year. This is the period where crypto-millionaires are positioning themselves to make life changing gains. [Click Here To Register For Free]() SPONSORSHIP = [Yahoo Business](=) [Market Digest: K](=) View research reports from Argus and trade ideas from Trading Central to understand future stock performances and find high performing trade ideas. [Read More](=) [Seeking Alpha]( [FDCTech signs agreement to merge with Alchemy Group, eyes uplisting]( FDCTech announces definitive agreement to acquire Alchemy Markets, Alchemy Prime, and Alchemy Markets, positioning for national exchange listing. [Read More]( [The Wall Street Journal]( [Where Have the Traders Gone? A $4 Trillion Market Is Stuck in a Rut]( Hong Kong’s stock market has stalled, trading volumes are slumping and foreign investors are backing away. [Read More]( [Crypto 101 Media]( [How To Follow Top Crypto Hedge Funds]( What if you knew which cryptocurrencies the biggest hedge funds in the world are pouring billions into each year? I'm talking about hot tiny coins about to potentially skyrocket. Imagine the advantage that could give you as a regular investor if you knew which altcoins they were buying and trading. If you want that kind of an advantage… Then join us during our FREE online event… The Crypto Hedge Fund Summit. We're bringing together some of the world's most successful hedge fund managers. They're going to share with you the top strategies and secrets so you can get in on the coins they believe could skyrocket soon. [Click here to register now.]( SPONSORSHIP = [Yahoo Business](=) [Rivian Stock Falls on Double Disappointment. Time to Worry?](=) The company is burning through cash–it sold trucks at an average loss of $33,000 in the second quarter. [Read More](=) [The Wall Street Journal]( [FTX Employees Found Alameda's Secret Backdoor Months Before Collapse]( The crypto exchange allowed Alameda to have a negative balance of up to $65 billion, prosecutors say. [Read More]( = [Yahoo Business](=) [Cathie Wood Sells $25 Million In Tesla Stock As TSLA Flashes Aggressive Buy Signal](=) [Read More](=) = [Seeking Alpha](=) [SomaLogic rebounds after selloff on news of merger with Standard BioTools](=) SomaLogic and Standard BioTools will merge in an all-stock deal, creating a company with a pro forma equity value of over $1 billion. [Read More](=) = [MarketWatch](=) [Market Snapshot: U.S. stocks end lower, resume a multiday slide ahead of Friday jobs report](=) U.S. stocks finished lower Thursday, with the three big equity indexes on pace for weekly losses, ahead of Friday's monthly jobs report from the Labor Department. [Read More](=) [Yahoo Business]() [Shares in Scandinavian Airlines plunge to become almost worthless after rescue deal announced]() Shares in Scandinavian Airlines dropped more than 90% on Wednesday after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and private equity firms Castlelake and Lind Invest, which became investors... [Read More]() [Yahoo Business]( [Top strategist sees ‘echoes of the 1987 crash’ in today’s stock market. ‘All you can do is brace yourself and hope for...]( Société Générale’s Albert Edwards said that while some economists are expecting a soft landing his “view is that a recession still lurks.” [Read More]( = [MarketWatch](=) [: MGM sees $100 million cost from recent cybersecurity attack](=) MGM Resorts International's stock drops 1% in the extended session Thursday after the hospitality company said that the recent cyberattack that hampered its operations is going to cost some $100 million. [Read More](=) [MarketWatch]( [: GM stock sinks to 3-year low after report that faulty air-bag parts may lead to massive recall]( General Motors Co. shares added to losses Thursday following a news report saying that the carmaker may face a massive recall in connection with defective air-bag inflators. [Read More]( [MarketWatch]() [The Tell: Why bank stocks are the ‘Achilles’ heel’ of markets as bears worry high bond yields may ‘break’ something]() Bank stocks are in need of a 'recovery rally' to show that higher interest rates won’t necessarily doom the U.S. economy to a recession in 2024, says DataTrek. [Read More]() [Seeking Alpha]( [Pfizer expected to certify compliance with FTC on Seagen deal in 2-3 weeks - report]( Pfizers acquisition of Seagen undergoes review by the Federal Trade Commission and with certification expected in 2-3 weeks. [Read More]( = [MarketWatch](=) [Movers & Shakers: Clorox stock falls after detailing cyberattack hit, Rivian shares hit by convertible offer and other...](=) Orchard Therapeutics, Clorox and Rivian Automotive stocks were on the move. 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