$Bitcoin(BTC.CC)$ Key Details:
✅ U.K. government announces intention to introduce formal legislation governing the crypto industry.
✅ Stricter rules proposed for exchanges, custodians, and crypto lending companies.
✅ Andrew Griffith, the U.K. financial services minister, champions the move as positioning the U.K. as a global hub for crypto technology.
✅ The government aims to bring the laws before Parliament by 2024, though sp...

$Bitcoin(BTC.CC)$ Next week is going to be filled with many events. Not solely for Crypto, but also on the landscape for the macro economy.
It will most likely put a big move on the markets for Gold, $DXY, the Yields and the indices.
What are the big events? 👇
For the U.S. dollar and Yields:
- Consumer Confidence & Job Openings on Tuesday 4.00PM European Time.
- ADP Non-Farm Employment Change & Prelim GDP on Wednesday 2.15PM & 2.30PM European Time.
- Core...

$Eli Lilly and Co(LLY.US)$ stock jumped in early November after the Food and Drug Administration signed off on its new weight-loss drug, a rival to $Novo-Nordisk A/S(NVO.US)$
Recently, Novo said a weekly shot of Ozempic helped stave off renal impairment and reduced the risk of death due to kidney or cardiovascular disease in patients with type 2 diabetes and chronic kidney disease. Earlier this year, Novo said patients who took Wegov...

$Tempest Therapeutics(TPST.US)$ This morning, the cancer therapies company reported positive results for its TPST-1120 drug candidate in its randomized Phase 1b/2 clinical study. Tempest also announced that its board of directors had adopted a limited-duration stockholder rights plan, which is effective immediately. The plan seeks to protect shareholders from an unwanted takeover. It is also known as a poison pill plan.
TPST Stock: Tempes...

$Microsoft(MSFT.US)$ OpenAI just released 128k context GPT-4 Turbo at 1/3rd the price.
This means GPT-4 is cheaper, faster, and can now read a prompt as long as an entire book.
The announcement comes with additional huge news for developers:
- New Assistants API for Code Interpreter and Retrieva
- GPT-4 Turbo updated knowledge cutoff to April 2023
- New GPT-4 Turbo Vision API
- New Dall-E 3 API
- New text-to-speech API (6 preset voices to choose from & insanely realistic voice)
- A ne...

$Eli Lilly and Co(LLY.US)$ $Novo-Nordisk A/S(NVO.US)$ In the weight loss drug market, Lilly's Tirzepatide (marketed as Zepbound) has officially been approved and is now poised to compete head-to-head with Novo Nordisk's Wegovy. Surprisingly, Lilly has priced Zepbound 20% lower than Wegovy, even though Zepbound is considered to be a more effective product. But why the significant discount?
Two Key Pricing Metrics in the US Drug Industry: List Price and Net Price
Lilly a...

Hello Mooers!
So, what value do you think the October 2023 CPI will be?
* The U.S. CPI data are scheduled to be released on the following date & time.
Date
November 14, 2023 Tuesday
Time
8:30 AM Eastern Time
8:30 PM Singapore Time
8:30 PM Hong Kong Time
10:30 PM Australian Eastern Time

$Futu Holdings Ltd(FUTU.US)$ $Tesla(TSLA.US)$ $Apple(AAPL.US)$ $Meta Platforms(META.US)$ $Amazon(AMZN.US)$  $AMC Entertainment(AMC.US)$ $NVIDIA(NVDA.US)$ $NIO Inc(NIO.US)$ $GameStop(GME.US)$ $GameStop(GME.US)$ $BlackBerry(BB.US)$ $VinFast Auto(VFS.US)$ $Arm Holdings(ARM.US)$ $Netflix(NFLX.US)$  ...

$Amazon(AMZN.US)$ layoffs are a hot topic on Thursday as investors react to the company reducing the headcount in its music streaming division.
Amazon hasn’t provided official numbers for these layoffs. However, we do know that they are affecting employees in Latin America, North America and Europe. This builds on the more than 27,000 job cuts the company has announced already in the past year.
As for the specific team members ...