*? 11 Oct 2023 09:00 CET*BTC - $ 27,081
ETH - $ 1,557
Gold - $ 1,863
Silver - $ 21
SP500 - $ 4,358
Nasdaq - $ 13,563

*? Birkenstock reportedly prices IPO at $46 a share*Birkenstock Holding is set to price its shares at $46 ahead of its initial public offering on Wednesday, as per unnamed source. Birkenstock starts trading on the Nasdaq as “BIRK” on Wednesday. A large chunk, roughly 90%, of the company's revenue comes from the Americas and Europe, and the German footwear maker has a broad female following, which make up about 70% of its customers, who are mostly Millennials, Gen X, and Baby Boomers.

*⚡️ China Daily newspaper to launch NFT platform*China Daily, an English-language newspaper owned by the Publicity Department of the Chinese government wants to create its very own metaverse and nonfungible token (NFT) platform. According to a recent announcement, China Daily is awarding 2.813 million Chinese yuan ($390,000) to a third-party contractor that can design the NFT platform within its budget specifications. The contractor can be “either a Chinese or foreign” firm specializing in blockchain, China Daily wrote. In addition, the mainnet of the blockchain firm that wins the contract must be capable of handling upwards of 10,000 transactions per second.

*? Deutsche Bank strategists recommend equity overweight into 2024*Strategists at Deutsche Bank have recommended an overweight in equities into 2024, as risks are now well reflected in the market and those are about to turn into opportunities. "We anticipated weaker growth, disappointing beats in earnings and disappointing central bank communication into Q3," Deutsche Bank strategists, led by Maximilian Uleer, head of European Equity- and Cross Asset Strategy, said in a note.

? 10 Oct 2023 09:00 CET
BTC - $ 27,661
ETH - $ 1,590
Gold - $ 1,857
Silver - $ 21
SP500 - $ 4,336
Nasdaq - $ 13,484

✈️ Virgin Australia clocks first profit in 11 yearsBain Capital-owned Virgin Australia said on Tuesday that the airline returned to a profit for the first time in 11 years for fiscal 2023, buoyed by a strong recovery in travel demand following the COVID-19 pandemic. The carrier reported a statutory net profit after tax of A$129 million ($82.93 million) for the full year ended June 30, 2023, compared with a loss of A$565.5 million in 2022. U.S. private equity firm Bain is targeting an A$1 billion listing of Virgin on the Australian Securities Exchange next month, a source with direct knowledge of the matter reported.

⚡ Bitcoin is a ‘super logical’ step on the tech tree

OpenAI CEO Sam Altman has called Bitcoin a “super logical” step on the tech tree, which is free of government control and helps to fight corruption. “I’m excited about Bitcoin,” Altman told Joe Rogan during a podcast. The OpenAI boss’s wide-ranging interview covered his thoughts on Bitcoin as a world reserve currency and his concerns about central bank digital currencies (CBDCs). Altman, who is also the founder of Worldcoin, said the shift to a “technologically enabled world,” including Bitcoin, could help reduce corruption.

? Sterling falls versus dollar

Sterling fell against a strengthening dollar on Monday but was still within striking distance of last week's 1-1/2 week high as recent economic data provided some reason for optimism about the UK's economic outlook. The safe-haven dollar rose as increased violence in the Middle East spooked markets, after a blowout U.S. jobs report gave the currency a leg up. Sterling was down 0.4% at $1.2180 after touching its highest level since Sept. 29 on Friday.

? 9 Oct 2023 09:00 CET
BTC - $ 27,892
ETH - $ 1,628
Gold - $ 1,849
Silver - $ 21
SP500 - $ 4,309
Nasdaq - $ 13,431

? X ‘everything app’ push continues as Elon Musk tests video game streamingX (formerly Twitter) has made another step toward becoming an “everything app” after Elon Musk tested out video game streaming on the platform. In a 50-minute-long stream on Oct. 6, Musk streamed himself playing the popular online action role-playing game Diablo 4. As things kicked off, Musk outlined that “what we are aiming for here is that the audio sounds normal, the image looks reasonably good so it’s not flickering, and the comments are working.”

? Europe's Luxury stocks at risk of going out of style

Europe's luxury brands may have sparkled at Paris Fashion Week but investors are questioning their taste for the shares in the face of a Chinese slowdown and interest rate uncertainty. After starting 2023 in vogue, on hopes of a rapid boost in Chinese sales after three years of lockdowns and the post-pandemic U.S. spending boom showing few signs of letting up, the STOXX Europe Luxury 10 index has just posted its biggest quarterly slide since 2020.

? Weight-loss drugs fuel boom for firms that fill syringes

Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are investing billions of dollars to expand or build factories that fill the injection pens used to administer treatments like Novo Nordisk's Wegovy. Interviews with a dozen company executives, analysts and investors showed pharmaceutical services companies jostling to secure more of the specialist work of filling the syringes used in the pens, a process known as fill-finish.