Profits of US card companies are expected to rise. This is attributed to the fact that, despite high inflation, travel demand is rising, which contributes a lot to the companies’ revenue.

Despite repeated claims of Japanese officials to intervene in order to stabilize the currency market, the yen broke through the psychological level of 150 to the dollar. This was the first time in more than 30 years.

As part of JPMorgan's policy and regulatory efforts, Aaron Iovine, the former head of the bankrupt Celsius Network, has been hired to lead the cryptocurrency regulatory department.

Throughout this year, leading economists, as well as the giants of Wall Street, have been persistently warning about the upcoming recession.

According to Sean Edgett, Twitter has no plans for major layoffs after Elon Musk deal is closed.

AT&T shares rose after the company raised its annual profit forecast. AT&T reported third-quarter profit of $0.68 per share on revenue of $30 billion, topping estimates of $0.61 per share and $29.87 billion in sales.

Amazon is expected to release its third-quarter earnings report next week. Prior to data publishing, analysts at Credit Suisse, acting as financial conglomerate, downgraded the company's stock price target from $170 to $159.

Shares of Tesla Inc have fallen after CEO Elon Musk said it's becoming a little harder for the electric carmaker to attract customers at a time of economic downturn around the world.

Amid the weakening of optimistic sentiment regarding the likely increase in energy demand in China, and as the market weighed in on fears of a skyrocketing inflation, oil prices were fixed.

The UBS survey shows that the majority of people still prefer Nike to other athletic wear brands. UBS considers Nike clothing to be the most suitable for sports activities. Thus, the brand, despite its many years of existence, continues to gain popularity and increase influence around the world.