Bitcoin surges, bank earnings beat
The Dow is looking to get back on track and continue its push for a record high. Meanwhile, investors are keeping a close eye on Bank of America and Wells Fargo with quarterly being reported. Yahoo Finance’s Alexis Christoforous, Jared Blikre, Justine Underhill and Rick Newman discuss the big stories of the day.
Today’s topics:
Bank of America profit rises but trading revenue declines
Wells Fargo hit by legal costs, mortgage banking slump
Retail Sales improve in Sept., up 1.6%
Bitcoin hits another record high
HP up on profitable 2018 forecast
Samsung CEO cites ‘unprecedented crisis’ in shock resignation
Monsanto up after Bayer agrees to sell $7B in assets to competitor
Netflix to outpace subscriber growth expectations: Goldman
Call of the week: Credit Suisse says Snap is about to skyrocket
Pres Trump to eliminate crucial Obamacare subsidy
Pres Trump to announce new strategy against Iran
Amazon suspends head of entertainment studio
Rose McGowan tweeted that she warned Amazon of Weinstein
21st Century Fox is being pressured to overhaul board
Bitcoin can now buy citizenship in Vanuatu
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