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blockonomi.com U.S. Shutdown Hits 20 Days, Markets and Crypto Feel the Pressure

TLDR: The 20-day U.S. shutdown halts federal services, furloughs 800,000 workers, and delays market data. Fed data delays create uncertainty, impacting crypto, stocks, and crude futures in volatile trading. Economic losses hit $15 billion weekly, reducing Q4 GDP growth and stressing global markets. No resolution emerges as partisan gridlock continues, affecting ACA subsidies and key [...] The post U.S. Shutdown Hits 20 Days, Markets and Crypto Feel the Pressure appeared first on Blockonomi.

blockonomi.com Intel (INTC) Stock: Traders Bet on Wild Swing as Chipmaker Reports First Earnings Since Government Deal

TLDR Intel reports Q3 earnings Thursday after market close with options pricing suggesting a 10% move in either direction A 10% jump would push shares to $42, the highest since April 2024, while a 10% drop could bring them to just above $32 This marks Intel’s first earnings report since the federal government took a [...] The post Intel (INTC) Stock: Traders Bet on Wild Swing as Chipmaker Reports First Earnings Since Government Deal appeared first on Blockonomi.

bitcoinist.com Ripple CTO David Schwartz Joins Another Company In New Leadership Role

Ripple’s longtime chief technologist David “JoelKatz” Schwartz has unveiled his first post-Ripple move, saying he will serve as a strategic advisor to Evernorth, an XRP-focused vehicle led by former Ripple executive Asheesh Birla. “XRP community – I promised I’d have an update on my next adventure soon right? Well here’s the start: I’ll be a […]

blockonomi.com GE Aerospace (GE) Stock Soars as Jet Engine Maker Crushes Earnings Expectations Again

TLDR GE Aerospace reported Q3 adjusted earnings of $1.66 per share, beating analyst estimates of $1.46 per share by $0.21 Revenue reached $11.3 billion for the quarter, exceeding Wall Street expectations of $10.4 billion The company raised its full-year 2025 earnings guidance to $6.00-$6.20 per share from the previous range of $5.60-$5.80 Commercial engine and [...] The post GE Aerospace (GE) Stock Soars as Jet Engine Maker Crushes Earnings Expectations Again appeared first on Blockonomi.