In This Story
Good morning, Quartz readers!
HERE’S WHAT YOU NEED TO KNOW
Spirit Airways (SAVE-9.51%) on the minds of each its exes. Previous and potential mergers with the service got here up throughout earnings calls at JetBlue Airways and Frontier Airlines.
Pfizer (PFE-1.39%) desires to crash the GLP-1 celebration. The drug firm is teasing a tablet that might displace injectables like Ozempic.
Starbucks (SBUX-0.65%) goes to begin promoting fewer drinks. Menu gadgets just like the olive-oily Oleato are getting lower as a part of a return to a “standard course of business.”
OpenAI is entering into the chip enterprise. It’s working on a product with TSMC and Broadcom in a bid to weaken its reliance on Nvidia (NVDA+0.55%).
Bitcoin costs hit a brand new file. The digital foreign money traded for as a lot as $73,000-per-unit on Tuesday.
Silicon Valley is hedging a Harris loss
A cellphone name from the pinnacle of Google (GOOGL+1.67%); a “normal, hello-type factor,” from the CEO of Amazon (AMZN+1.31%); a shoutout from the founding father of Fb (META+2.58%). The tech business thinks that Donald Trump may change into president, and so they’re attempting to fluff up their relationships with him simply in case.
Elon Musk, whose outreach is essentially the most seen and controversial, has even gotten himself put in in a possible Trump cupboard. However he’s removed from the one one placing out feelers.
Which tech leaders are cozying as much as Donald Trump earlier than Election Day? Quartz’s William Gavin points them out.
Crypto’s post-election future is a coin-toss
If Donald Trump wins the election, some traders suppose Bitcoin costs will shoot up. If Kamala Harris wins, some traders suppose Bitcoin costs will go down.
Their differing temperaments and telegraphed approaches to regulating cryptocurrency are weighing the way in which that folks within the digital asset area image the future of its most outstanding car. Within the case of a contested election, although, volatility-riding merchants may make out better of all.
How will the election have an effect on Bitcoin? Quartz’s Vinamrata Chaturvedi spoke to Chandra Duggirala, co-founder and CEO of the interoperability-focused crypto platform Portal To Bitcoin, to find out.
MORE FROM QUARTZ
🏡 Donald Trump is selling real estate again (his old house in Connecticut)
🤖 Elon Musk thinks there’s still a very good chance AI “goes bad”
👛 Someone bought a dime for $500,000
✈️ Boeing got more Wall Street cash than it was begging for
🍔 McDonald’s thinks cheap food will bring back customers scared off by E.Coli
🚘 Ford’s earnings are driving at lower expectations
SURPRISING DISCOVERIES
Adidas (ADDYY+3.59%) nonetheless has tons of Yeezy stock. The sneaker large is attempting to wind down its remaining €50 million ($54 million) of its long-dead collaboration with Ye by the end of the year — at price.
The NBA’s Boston Celtics are capturing most of their photographs from past the arc. Their offensive technique is pushing the remainder of the league to a historic reliance on the three-ball. (paywall)
Frédéric Chopin is dropping new music. An unsigned 200-year-old waltz by the conductor was pulled out of a vault on the Morgan Library and Museum in New York.
Amazon is already promoting out of some Black Friday merchandise. Its streaming service has unloaded all the ad inventory for an NFL sport it is going to air that day.
Persons are flocking to the mall once more — to eat. Eating places are pulling folks again to the thought-dead shopping centers.
Do you know now we have two premium weekend emails, too? One provides you analysis on the week’s information, and one offers one of the best reads from Quartz and elsewhere to get your week began proper. Become a member or give membership as a gift!
Our greatest needs on a secure begin to the day. Ship any information, feedback, mall meals suggestions, and airline love triangles to talk@qz.com. Right now’s Each day Transient was dropped at you by Melvin Backman and Audrey McNamara.
Bitcoin future hinges on Trump or Harris election win: analysis qz.com 2024-10-30 01:36:30
Source link