Other news

Morgan Stanley analyst Erik Woodring warned that a sharp drop in sales of personal computers and consumer electronics during recent quarters would negatively affect computer hardware stocks.

Intel believes its self-driving car division Mobileye Global Inc. will be priced significantly lower than previously estimated during its initial public offering, as reported by Corrie Dribush from The Wall Street Journal.

The housing market will be a big part of economic news in the coming week. Lately the real estate sector has been under pressure from rising inflation, also been impacted by rising borrowing costs and slowed economy rates.

The UK’s finance minister Jeremy Hunt is ready to announce plans to clean up the country’s financial system in order to calm down markets, which still show discontent with the economic program suggested by Prime Minister Liz Truss.

Apple has temporarily halted its plans on using memory chips by Yangtze Memory Technologies Co.

The president of the central bank of the Netherlands, Klaas Knot, said that once the interest rate increases to a level that will neither push the economy to grow nor slow it down, the ECB should consider cutting its own assets, which, according to Knot, are too large.

The dollar continues to rally until the global economy recovers and accelerates, according to Citigroup Global Markets Inc.

Before the market opens, Bank of America will report on what it was able to accomplish during the third quarter.

The last weekend was quiet for the Bitcoin’s to US dollar exchange rate (BTCUSD), and the volatility spotted throughout the week completely disappeared. At the moment, commentators are waiting for the returning of the rush.

Chinese President Xi Jinping promised that his country would win the fight to develop strategically important technologies.