Ray Dalio, founder of Bridgewater Associates, expressed concerns about the declining global influence of the United States amid China's growing economic power, now estimated at 60-70% of the US economy. After spending significant time in Asia, Dalio noted that many countries are increasingly skeptical of the US as a dependable ally. He highlighted the shift in global power dynamics from a rules-based order to a power-driven system, involving economic, technological, and geopolitical tensions between the US and China. Dalio advised investors to anticipate market turbulence and recommended diversifying portfolios, including allocating up to 15% into gold as a hedge against risks such as currency fluctuations, political polarization, and AI disruptions.
4D Molecular Therapeutics reported a wider adjusted loss of $1.08 per share for Q3 2026, missing analyst expectations. However, the company's revenue reached $4.15 million, surpassing both estimates and last year's figures, continuing a trend of stro...
Atlas Energy Corp. completed its first royalty acquisition for $15 million on producing oil and gas assets in Southwest Alberta, funded by cash. The company began generating royalty revenue immediately, earning $141,000 in just seven days post-acquis...
A snapshot of OKX's Bitcoin perpetual order book revealed a significant sell order of 74.06 BTC priced at $68,770, totaling about $5.09 million. This sell order was slightly above the midpoint price of $68,752. The near-term sell-side depth on OKX wa...
B&G Foods reported a 4.7% revenue increase to $460 million in Q3, surpassing expectations due to new acquisitions and improved brand mix. Despite the positive earnings, the company's high debt and interest expenses temper enthusiasm, leading to an up...
Two Bitcoin wallets, each linked to 50 BTC mining rewards from 2010 and inactive for over 16 years, recently transferred a combined total of 100 BTC to a single new wallet. These coins were worth only about $6 when mined but are now significantly mor...
