The upcoming week will be dominated by a series of important economic data releases from the US, including JOLTS job openings and Challenger layoff data, as well as ISM surveys and ADP employment reports. Weak data could reignite expectations of a December rate cut. Daylight saving time ends in North America today, which will delay trading times and economic announcements by one hour.
Buffett's Berkshire Hathaway's cash reserves reached a record $381.67 billion. The company reported net investment income of $17.311 billion in the third quarter. Berkshire Hathaway remained a net seller of equities for the 12th consecutive quarter. The company's top five holdings include: Apple, Bank of America, Coca-Cola, American Express, and Chevron.
California regulators fined Bitcoin ATM operator Coinhub $675,000 for charging excessive fees. Michael Saylor says his only Halloween fear is not having enough Bitcoin. KITE Foundation indicates airdrop claiming will open on November 3rd. Binance Alpha will launch Dino Tycoon (TYCOON) on November 4th. MetaMask launched a rewards program linked to a future TGE. NFT trading volume is down roughly 30% this week.
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