Oct 11, 2024

I’m hearing that there are some significant developments in the financial world. It seems that the Fed has announced a rate cut and there are discussions around three yield curve scenarios and their potential impact on the stock markets. Additionally, 7-Eleven is planning to split its convenience store and gas station business from its less profitable businesses in Japan, as part of their strategy to fend off a takeover approach.

There’s also a lot of activity in the fundraising and investment space, with various companies raising significant amounts of funding. For example, Form Energy raised $405 million in Series F funding, and EvenUp raised $135 million in Series D funding. Furthermore, there are news about major companies making acquisitions, IPO launches, and other liquidity events, such as Johnson & Johnson’s acquisition of V-Wave and Coinbase’s investment strategy.

In addition, there’s discussion about the role of market makers in financial markets, particularly in the context of crypto wash trading. The news explains the technical meaning of “making a market” and the role of market makers in setting buy and sell prices for securities, providing insight into the dynamics of financial markets. Overall, the news covers a wide range of financial topics, including interest rate cuts, company strategies and investments, and the role of market makers in financial markets.

Stay Well!