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Markets & Money Today | 2 Min News | The Daily News Now!

The Daily News Now!

Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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All Episodes

1:47

PENN Entertainment's Q3 Earnings: Digital Struggles &...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

PENN Entertainments Q3 earnings fell short of expectations, with a non-GAAP loss of $0.22 per share and revenues of $1.72 billion. The company attributed this to lower-than-expected online sports betting volumes and unfavorable game outcomes. They ended their partnership with ESPN and are now focusing on theScore Bet, expecting a smooth transition for customers. PENN aims to streamline digital operations, reduce costs, and achieve breakeven or better digital results by 2026, while prioritizing

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1:38

Trump's Crypto Legacy: A Year of Progress & Hurdles

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

One year after President Trumps re-election, the crypto industry reflects on a rollercoaster ride, marked by high hopes and deep frustrations. Despite initial support from Trump, a prolonged government shutdown has stalled crucial legislative efforts. However, key appointments and the passage of the GENIUS Act have transformed Americas approach to digital assets, aiming to lead the global digital economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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2:13

Youngest MD at Goldman Sachs: Paulo Costa's Journey

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Paulo Costa, a 29-year-old Portuguese executive, becomes Goldman Sachs youngest managing director, overseeing dividend trading across Europe, the Middle East, and Africa. Despite initial doubts, his promotion is celebrated, following a successful year for the equities division. Costas journey, from summer analyst to managing director, is marked by dedication and support from colleagues and mentors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for

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2:09

Burry's $1.1B Tech Short: Markets Shaken

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Investor Michael Burry, known for predicting the 2008 housing crisis, reveals a $1.1 billion short position against Nvidia and Palantir Technologies, triggering a significant sell-off in tech markets. Palantirs stock drops by 16%, while Nvidia falls by 2-4%. The move, executed through put options, also impacts global markets, with Asian and European indices seeing sharp declines. Burrys short position aligns with warnings from Wall Street executives about potential market corrections, highlighting

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1:06

Trump Proposes Direct Healthcare Funding to Individuals

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Former President Trump proposes redirecting healthcare subsidies to individuals, aiming to end the government shutdown and empower people with better healthcare options.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:40

Airlines Face Tough Choices Amid Shutdown

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

American Airlines faces critical decision amidst longest government shutdown in US history; flight cuts announced, impacting travelers and causing surge in car rentals.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:34

Nexperia Takeover: Europe's Tech Cold War

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Dutch Government Seizes Control of Semiconductor Company Amidst Geopolitical TensionsThe Dutch government has taken control of Nexperia, a semiconductor company with Chinese ownership, due to national security concerns and fears of losing crucial technological knowledge. This move, driven by a rarely invoked World War Two era law, has sent ripples through the global auto industry, as Nexperia produces essential semiconductors for modern cars. The situation highlights the fragility of technology

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2:01

Investors Shy Away from Risky Bonds, Causing Market Dip

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Investors are increasingly favoring safer options, causing a dip in the market for risky bonds. The amount of distressed U.S. dollar loans has surged, marking the highest level since April. The gap between investment-grade bonds and junk bonds is widening, as investors seek more secure investments. Recent bankruptcies and fraud allegations have added to investor unease. Some CCC bonds are being avoided, particularly those recently downgraded and on a downward trend. Investment-grade spreads remain

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1:44

Day Traders' Puerto Rico Dilemma

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Day Traders Flock to Puerto Rico for Tax Benefits, But Face Cultural ChallengesDay traders are increasingly moving to Puerto Rico, drawn by the promise of substantial capital gains tax savings and a tropical lifestyle. However, the reality of life on the island can be tougher than expected, with issues like power outages, lack of certain conveniences, and social integration challenges. Despite these hurdles, those who adapt and engage with the local culture tend to fare better.The Daily News Now! —

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2:00

DATs & Basis Trade: New Finance Trend

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Exploring a New Trend: Digital Asset Treasury Companies and the Basis Trade in CryptoThis podcast episode delves into a potential new trend in the crypto market, focusing on Digital Asset Treasury companies (DATs) and the basis trade strategy. DATs are public companies that buy specific crypto assets using funds from share sales, making it easier for traditional investors to enter the crypto market. The episode highlights the potential of DATs to increase their value, as seen in Michael Saylors

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1:22

Data-Driven Decisions: Sports & Finance

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Advanced analytics, akin to Russian axioms, are revolutionizing sports and finance. Baseball teams use complex math, like probability theory, to predict player performance and position fielders. Similarly, financial markets are adopting quantitative analysis, using data to predict stock price patterns and improve investment decisions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:55

Student Loan Freedom: A 25-Year Journey

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Financial Freedom: A Womans Journey After Decades of Student Loan Payments - Tammy Stinson, a 52-year-old consultant, recently had her $70,000 student loan balance wiped out after 25 years of payments. She feels free and hopes to retire before 90. Borrowers like Tammy and Brad Hill, who had been making payments since the 90s, experienced relief due to income-based repayment plans and tax-free forgiveness. However, they emphasize the need for better education on student loan impacts, as forgiveness

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1:53

OpenAI Pushes for AI Infrastructure Tax Credit Expansion

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

OpenAI, a leading AI company, proposed expanding the Advanced Manufacturing Investment Credit to cover AI infrastructure. The credit, currently for semiconductor manufacturers, could lower costs and encourage private investment in AI data centers. OpenAIs chief global affairs officer, Chris Lehane, wrote a letter to the White House, asking for a broader credit and a reserve of raw materials. CEO Sam Altman clarified that OpenAI does not seek government guarantees for its data centers.The Daily News

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1:51

North America's Energy Cooperation: A Geopolitical Asset

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

North American Energy Cooperation: A Strategic Imperative - A new report from the Atlantic Council underscores the significance of energy collaboration among the US, Mexico, and Canada, especially with USMCAs review looming in 2026. Despite political tensions, the three nations share strategic interests that could reshape global energy markets. Strengthening energy trade and boosting production, including localized supply chains, benefits all. Mexico, with its domestic priorities, can expand energy

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1:43

Flying Cars Take Flight: Air Taxis in Cities by 2034

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

On November eighth, the dream of flying cars might be closer than you think, as cities worldwide test air taxis for commercial use within the next decade. These electric vertical take-off and landing vehicles, or eVTOLs, promise to revolutionize urban travel by zipping commuters over traffic, making journeys faster and more efficient. Many companies are investing heavily in this space, with improvements in lithium-ion batteries boosting the range and efficiency of eVTOLs. The air taxi market is

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2:00

Pfizer Acquires Metsera for $86.25 Per Share

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Pfizer secures Metsera, aiming to enter obesity and diabetes treatment market; acquisition valued at up to $86.25 per share, surpassing Novo Nordisks bid.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:10

CoreWeave's Acquisition Fails, Stock Drops

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

CoreWeaves $9B Acquisition of Core Scientific Rejected, Stock Drops; Analysts Maintain Moderate Buy - SummaryCoreWeaves $9B all-stock deal to acquire crypto miner Core Scientific was rejected by shareholders, marking the second failed attempt. The acquisition was crucial for CoreWeaves expansion plans, as it faces surging demand for AI infrastructure. CoreWeaves shares dropped 6.3% following the news, raising questions about its stock value. Despite the setback, analysts maintain a Moderate Buy

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1:13

Solana Fund Raises $545M, Altcoins Gain Investor...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Bitwises Solana Staking ETF, BSOL, raises over $545M, attracting investors despite Solanas price drop, while Bitcoin and Ethereum funds lose billions. Bitwise hints at a Dogecoin ETF, potentially launching in 20 days.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:34

Trump Proposes Direct Health Payments, Shutdown...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Former President Trump proposes direct healthcare payments to citizens, bypassing insurance companies, to end the longest government shutdown in U.S. history. This comes as Senate Republicans reject a Democratic deal to reopen the government and protect Affordable Care Act subsidies. The White House has yet to detail Trumps plan, as Congress remains deadlocked over healthcare funding and the filibuster rule.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:39

Pfizer Wins Metsera: Obesity Drug Battle Concludes

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Pfizer secures Metsera for over ten billion dollars, ending Novo Nordisks bid; Metseras board unanimously backs Pfizers offer due to superior value and certainty of closing; Novo Nordisk commits to financial discipline, seeking other acquisition opportunities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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