Chris Campbell:

Bitcoin Set for First Red October in Seven Years: What Will November Bring?

After six straight years of “Uptober” gains, Bitcoin is set to end October in the red, with traders divided over whether BTC will continue the downtrend going into November.

October is often referred to fondly as "Uptober" because it has delivered some of the best monthly returns for Bitcoin across the past decade, since 2013, with only two red Octobers, in 2014 and 2018. That record was bolstered by six consecutive years of gains from 2019 to 2024.

The tables are set to turn in 2025 as Bitcoin trades 3.35% lower in October, with only hours left until the month ends. A mid-month flash crash triggered by U.S.-China tariff threats, and the Federal Reserve’s 25 bps rate cut on Wednesday have done little to lift investor sentiment. 

Fortunately, November is historically Bitcoin’s best month, averaging 46% across 12 years from 2013. This makes the period between October and December the best quarter for BTC price rallies, with average gains of 78%, according to data from CoinGlass.

If history is anything to go by, Bitcoin’s price action may reverse in November, surging toward $150,000 by the end of 2025.

⇒ Read More Here

Davis Wilson:

Apple Shares Rise As iPhone Holiday Sales Forecast Soothes Supply Woes

Apple shares rose about 2% premarket on Friday after upbeat forecasts for the lucrative holiday quarter suggested the latest iPhone 17 models were driving a sales rebound despite delays in shipping to key market China.

While the supply constraints weighed on sales in the fourth quarter, investors remained optimistic as the September launch of the new iPhone lineup helped Apple shares cross above $4 trillion in market capitalization earlier this week, joining Nvidia and Microsoft.

The outlook has also helped allay concerns around Apple going slow on the integration of some long-awaited artificial intelligence features even as other tech majors race ahead.

Amazon and Apple shares are still the worst performers for the year so far among the so-called "Magnificent Seven" group of magacaps, though the e-commerce giant's stock soared before the bell on Friday on stellar cloud growth in the quarter.

Apple's stock trades at 33.4 times analysts' profit expectations, representing a premium to Microsoft's 31.7 and Meta Platform's 22.3, according to LSEG data.

⇒ Read More Here

Ray Blanco:

The Energy in Nuclear Waste Could Power the U.S. for 100 Years, but the Technology Was Never Commercialized

There is enough energy in the nuclear waste in the United States to power the entire country for 100 years, and doing so could help solve the thorny and politically fraught problem of managing spent nuclear waste.

That’s according to Jess C. Gehin, an associate laboratory director at Idaho National Laboratory, one of the government’s premier energy research labs.

The technology necessary to turn nuclear waste into energy is known as a nuclear fast reactor, and has existed for decades. It was proven out by a United States government research lab pilot plant that operated from the 1960s through the 1990s.

For political and economic reasons, the technology has never been developed at commercial scale. Today, there’s an increased urgency to address climate change by decarbonizing out energy grids, and nuclear power has become part of the clean energy zeitgeist. As a result, nuclear fast reactors are once again getting a serious look.

⇒ Read More Here