Top story
Federal Reserve’s World War I Role Centered on Treasury Debt Support
The New York Fed served as the Treasury’s fiscal agent for bond sales, while reserve requirements varied by bank class and deposit type.
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Business
ABB and SoftBank Explore China Carve-Out for Blocked Robotics Deal
SoftBank agreed to buy the robotics business for $5.375 billion in October 2025. China is ABB’s largest market for the unit.
Business
NRG Sets 2027 Adjusted EBITDA Range With $5.75 Billion Midpoint
Its $3 billion share-repurchase plan spans 2026 and 2027. NRG also agreed to sell six natural-gas generation assets to LS Power for $4 billion.
Business
Vanguard Will Expand Investor Choice to All U.S. Equity Index Products
Vanguard announced the change Nov. 9, with the expansion scheduled to take effect in early 2027.
Business
Mavria Raises $130 Million to Expand Factory-Built AI Data Center Platform
The company put its latest round at $100 million and said its first Terrain unit is in production in Houston. It has not named a buyer or deployment site.
Insights & Views
Dario Perkins Warns Dip-Buying May Fail as Tech Echoes Dot-Com Peak
The TS Lombard executive sees parallels in persistent dip-buying, technology supply bottlenecks and confidence that higher rates would spare tech stocks.
Investing
Grayscale Holds 834,900 AVAX Tokens Worth $7.2 Million
The reported balance was valued at $7.2 million.
Regulation
Congress Summons Nvidia CEO Jensen Huang in Leadership Inquiry
Nvidia says its dealings with Megaspeed were routine, while its board conducts an independent investigation.
Regulation
U.S. Debt Limit Could Arrive in February, With August X-Date Risk
Bank of America keeps November 2027 as its central X-date forecast but sees Treasury approaching the deadline as early as August, near Congress’ summer recess.
Markets
BusinessABB and SoftBank Explore China Carve-Out for Blocked Robotics Deal
SoftBank agreed to buy the robotics business for $5.375 billion in October 2025. China is ABB’s largest market for the unit.
Regulation
RegulationCongress Summons Nvidia CEO Jensen Huang in Leadership Inquiry
Nvidia says its dealings with Megaspeed were routine, while its board conducts an independent investigation.
Bitcoin
InvestingBitcoin Holds Near $75,000 as Ether Falls Nearly 5% and XRP Drops Nearly 12% Weekly
Bitcoin was down about 1% over 24 hours at 12:43 p.m. ET Nov. 9. The Nasdaq fell more than 5% last week amid concerns about a broader artificial intelligence stock selloff.
Ethereum
InvestingBitcoin Holds Near $75,000 as Ether Falls Nearly 5% and XRP Drops Nearly 12% Weekly
Bitcoin was down about 1% over 24 hours at 12:43 p.m. ET Nov. 9. The Nasdaq fell more than 5% last week amid concerns about a broader artificial intelligence stock selloff.
DeFi
InvestingFederal Reserve Banks of New York and Dallas Start Direct Lending Survey Pilot
The pilot opened to eligible firms Nov. 9 and focuses on the U.S. private credit direct lending market.
AI & Tech
BusinessMavria Raises $130 Million to Expand Factory-Built AI Data Center Platform
The company put its latest round at $100 million and said its first Terrain unit is in production in Houston. It has not named a buyer or deployment site.
Insights & ViewsDario Perkins Warns Dip-Buying May Fail as Tech Echoes Dot-Com Peak
InvestingBitcoin Holds Near $75,000 as Ether Falls Nearly 5% and XRP Drops Nearly 12% Weekly
Meta Prices Muse Ember API at $0.10 per Million Input Tokens
Orca Authorizes Formation Securities to Use Its Trading Technology
RWA
Insights & ViewsFederal Reserve’s World War I Role Centered on Treasury Debt Support
The New York Fed served as the Treasury’s fiscal agent for bond sales, while reserve requirements varied by bank class and deposit type.
RegulationU.S. Debt Limit Could Arrive in February, With August X-Date Risk
Investing