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Meta said that it is laying off an undisclosed number of employees in its risk organization amid a shift to use AI to automate compliance review tasks.

• China is using Venezuela for fentanyl smuggling
• Reports of B1 bombers near Venezuela are not accurate
• Will be seeing land action in Venezuela soon

Rand Paul is the only one speaking up against these assassinations in the caribbean. He makes the point that it’s impossible for the outboard motor boats to reach the US without refuelling 20 times. It’s a fair point and you wonder if the real goal here is regime change.

Between Venezuela, Argentina and Colombia, Trump is showing a lot of interest in LatAm lately and the US has a long history of involvement.

This article was written by Adam Button at investinglive.com.

Trump: Will be seeing land action in Venezuela soon.

That’s the headline. Trump often rambles on and on, Venezuela is the latest target of his ire. But, this comment is very significant, if the intention is to send US troops boot on ground into Venezuala.

Awaiting any further clarification.

This article was written by Eamonn Sheridan at investinglive.com.

Target’s incoming CEO Michael Fiddelke said the cuts are designed to spur growth and make the retailer faster.

The major US stock indices pushed higher today help by a surging quantum stocks after a Wall Street Journal report that the US government was mowing investment into that industry. Some big gainers in that sector included:

• D-Wave Quantum, up 13.78%
• Rigetti computing +9.82%
• Iong Inc, up 7.07%
• Quantum computing was at 7.20%

A snapshot of the major indices shows:

• Dow industrial average +144.20 points or 0.31% have 46734.61.
• S&P index up 39.04 points or 0.58% at 6738.44.
• NASDAQ index up 201.40 points or 0.89% at 22941.80.

Looking at the US debt market

• 2-year yield 3.494%, +5.1 basis points
• 5 year yield 3.612%, +5.9 basis points
• 10 year yield 4.006%, +5.4 basis points
• 30 year yield 4.587%, +4.8 basis points.

This article was written by Greg Michalowski at investinglive.com.

The AUDUSD shifted from a bearish tone earlier in the day to a more bullish bias in the U.S. session, as buyers pushed the pair above both the 100- and 200-hour moving averages near 0.6495–0.6497. That move turned the near-term technical outlook to the upside. The pair reached a session high of 0.6517 and has since been consolidating just below that level, with intraday support forming around 0.6508.

Heading into the new trading day, buyers will need to extend momentum by breaking above the 0.65239 ceiling, a level that has capped rallies since October 13. A move beyond that would shift focus toward the 100-day moving average at 0.65338—a critical barrier last broken on October 10 and retested unsuccessfully three days later before the pair dropped to its October low of 0.64398.

While price action since then has been choppy, today’s push above the hourly moving averages is a constructive sign for the bulls. Still, a sustained break above the 100-day moving average remains the key hurdle for confirming a broader bullish shift. Failure to do that, and a move back below the 100 and 200 hour moving averages would surely disappoint the buyers on the break back higher today.

This article was written by Greg Michalowski at investinglive.com.

Crude oil futures settled sharply higher today at $61.79, gaining $3.29 (+5.62%). Prices traded between a low of $59.64 and a high of $62.40, with the rally driven largely by renewed sanctions on Russian oil companies, which boosted supply concerns and buying momentum.

Technically, the price broke above a key swing area between $61.45 and $61.94 before settling back within that zone — leaving it as a critical pivot range heading into tomorrow’s trade.

• Bullish scenario: A move above $62 and sustained momentum higher would shift focus toward the 100-day moving average near $64.40 as the next major target.

• Bearish scenario: On the downside, support is found between $59.78 and $60.10. A break below this area would undermine today’s bullish tone and suggest renewed downside pressure.

This article was written by Greg Michalowski at investinglive.com.

The Friday release of September’s consumer price index report is pretty much the only game in town this month.

More from the White House:

• Meeting with Putin/Trump not completely off the table
• Meeting between Putin/Zelenskyy also not off the table
• On war in Ukraine, Trump has not seem enough action from Russia toward peace
• Trump is increasingly frustrated. He wants to see action not just talk to end the war.

The fallout from the unproductive Alaska meeting — coupled with last week’s phone call in which Trump appeared to be dissuaded from supplying Ukraine with Tomahawk missiles — raises the question of whether Putin is simply playing Trump. The Russian leader has a pattern of overpromising and underdelivering, often to his strategic advantage.

Meanwhile, growing frustration within the administration is a worrying sign. Such tension can cloud judgment and lead to impulsive or emotional decisions — precisely the kind of misstep Putin may be counting on.

Putin also is a master of playing the “what me?” card. “I want to move toward peace”. “It was their request to meet in Budapest (and now they want to cancel the meeting)”. He – like Trump – can be AS effective in his mind games.

This article was written by Greg Michalowski at investinglive.com.

Shares of IonQ, Rigetti Computing, and D-Wave Quantum were all still higher despite the statement from the Commerce Department.