Reset with Sasha-Ann Simons - WBEZ’s Weekly News Recap: October 27, 2023

Happy Friday! We’re back with our Weekly News Recap where we bring you the top stories this week and go behind the headlines with a panel of Chicago journalists. This week we were joined by CW 26 reporter and anchor Brandon Pope, Chicago Tribune state government reporter Dan Petrella and Block Club Chicago reporter Quinn Myers, covering Wicker Park, West Town and Bucktown. If you want to check out more Reset conversations like this, go to wbez.org/reset.

The Daily Signal - US Strikes Targets in Syria, Harris Praises Australia’s Gun Laws Following Maine Shooting, House Passes a Spending Bill | Oct. 27

TOP NEWS | On today’s Daily Signal Top News, we break down:


  • Defense Secretary Lloyd Austin says America has carried out two strikes on Iran-linked targets in Syria.
  • Florida Gov. Ron DeSantis explains what his foreign policy toward China would be if elected president. 
  • The Biden administration urges Congress to pass gun control measures following the mass shooting in Maine. 
  • A Pennsylvania Jewish community faces threats.  
  • The House passes an energy spending bill. 


Relevant Links

https://www.dailysignal.com/2023/10/27/desantis-reveals-plan-combat-threat-global-dystopia/


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Motley Fool Money - Softness Ahead for Ads and Consumer Spend?

Big tech is still benefiting from the push into the cloud, but digital advertising might be slowing down a bit. Earnings from the credit card companies help explain why. 

(00:21) Emily Flippen and Jason Moser discuss: - Big tech earnings – trends in cloud spend for Amazon, Microsoft, and Alphabet, and what ad market softness might mean for Meta. - Visa and Mastercard earnings, and why consumer spend might lighten up a bit in Q4. - Spotify’s fantastic past twelve months and what investors should think now.

(19:11) Motley Fool co-Founder and CEO Tom Gardner caught up with Michael Lewis at ONE: NYC about FTX, SBF, and the investing dynamics of Silicon Valley.

(30:37) Jason and Emily break down two stocks on their radar: Masimo and Okta.

Stocks discussed: AMZN, META, GOOG, GOOGL, MSFT, V, MA, SPOT, OKTA, MASI

Host: Dylan Lewis Guests: Jason Moser, Emily Flippen, Tom Gardner, Michael Lewis Engineers: Tim Sparks, Dan Boyd 

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CrowdScience - Green Man Festival: Why are some animals so ugly?

Why are some animals cute, cuddly, adorable – and some are slimy, creepy and downright weird? This edition of Crowdscience, recorded in front of a live audience, comes to you directly from the world-famous Green Man Festival in Bannau Brycheiniog National Park in Cymru (Wales). The programme recording was powered entirely by hydrogen.

Our inbox has been bursting at the seams with questions about creepy crawlies, deep sea beasties, cheeky monkeys, endangered species and animals of all shapes and sizes. So, we rounded up a panel of experts to get some answers!

Surrounded by 25,000 people trudging merrily through the mud, pelted with torrential rain, underscored by the warm hum of revelry, the BBC’s Marnie Chesterton speaks with Dr David Jones from the Natural History Museum, an expert on creepy crawlies and someone who spends a considerable amount of time thinking about earthworms, ants, and termites. Also joining us is Jess Savage, a researcher from the Institute of Zoology in London who’s an expert on ocean-dwelling animals and the impact of plastic pollution. Finally, we have Simon Watt, a biologist, comedian and founder of the Ugly Animal Preservation Society.

Join us for this very special edition of Crowdscience, in partnership with Green Man Festival, where we bring the experts closer to you than ever before.

Presenter: Marnie Chesterton Producer: Emily Bird Editor: Richard Collings Technical producer: Mike Cox Studio manager: Jackie Margerum Production co-ordinator: Jonathan Harris

(Photo: Marnie and guests. Credit: Jonathan Harris)

State of the World from NPR - Devastation in Acapulco; Iran’s role in the Mideast conflict

We hear from our reporter on the ground in Acapulco, Mexico, where a devastating hurricane grew in intensity so rapidly residents were unable to prepare. And an interview with the foreign minister of Iran about his country's support for Hamas and their involvement in the group's conflict with Israel.

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Big Technology Podcast - Amazon, Alphabet, Microsoft, Meta & Tesla Earnings, Cruise Pauses Operations, Zuck vs. Sam Altman

Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover: 1) Ranjan's Taylor Swift costume 2) The broader picture on Big Tech earnings 3) Amazon's impressive earnings beat 4) Investor metaphysics 5) Microsoft's AI uplift 6) Tesla's lower margins 7) Meta's impressive revenue and user growth 8) Meta's TikTok clone is working. 9) SBF takes the stand 10) Cruise pulls its self-driving cars off the road 11) That's good? 12) Mark Zuckerberg vs. Sam Altman

You can subscribe to Big Technology Premium for 25% off at https://bit.ly/bigtechnology

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Questions? Feedback? Write to: bigtechnologypodcast@gmail.com


CoinDesk Podcast Network - UNCHAINED | How Much Money Will Flow Into Bitcoin ETFs? Here’s One Projection

Alex Thorn, head of research at Galaxy, sees inflows to spot bitcoin ETFs reaching more than $14 billion in the first year after a potential SEC approval and the price of bitcoin spiking to $47,000. He also sees approval of these products possibly occurring this year. 


In a recent report, Alex Thorn, head of research at Galaxy, predicted that inflows to spot bitcoin ETFs would rise above $14 billion in the first year following the potential approval by the Securities and Exchange Commission of multiple applications the agency is considering. Thorn called the availability of this product significant because it will give financial advisors and wealth managers accessibility to digital assets in a way that will be acceptable to clients seeking exposure to crypto. He also believes approval of a spot BTC ETF could occur this year before the holidays and draws comparisons between Bitcoin and gold as investment products. 

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights

  • Why Alex believes this is a significant moment for Bitcoin
  • How, in Bitcoin, retail had access to this asset before institutions
  • Why Alex expected the spot Bitcoin ETF approved this year
  • What the capital inflows Galaxy expects to be in the first years and how they arrive at those numbers 
  • Whether the addressable market will increase significantly for Bitcoin
  • What will be the average percentage of assets adding BTC exposure
  • Why Alex compares Bitcoin to gold, and what he learned after comparing both types of assets
  • How much the price of Bitcoin will increase after the first year of the ETF approval, according to Galaxy's report
  • How the several spot Bitcoin ETFs will be differentiated 

Thank you to our sponsors!  Crypto.com  | Arbitrum Foundation | Popcorn Network

Guest | 

Alex Thorn, head of firmwide research at Galaxy

Links | 

Previous coverage of Unchained on spot Bitcoin ETFs:

Why a Spot Bitcoin ETF Will Probably Launch No Later Than January 10

Why It Looks Like BlackRock Could Win America’s First Spot Bitcoin ETF

The Chopping Block: Are We Back? The 'Low IQ' Response to the Potential Spot Bitcoin ETF

Unchained: 

Bitcoin Soars Past $35,000 Amid Spot ETF Optimism

Bitcoin ETFs Explained: What Are They & How Do They Work?

CoinDesk:

 BlackRock Bitcoin ETF in August Got on DTCC Site That Just Belatedly Moved Markets

12 spot bitcoin ETFs in consideration by the SEC

Galaxy: 

Sizing the Market for a Bitcoin ETF

Alex’s thread drawing out highlights from the report

Alex’s thread on the potential for a “gamma squeeze”

CoinShares Digital Asset Funds Flow Weekly

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Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

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Divided Argument - Good Dig

The October Term is now underway, and that means it's time for Season 4 of the show. We catch up on the inevitable shadow docket happenings before diving into a discussion of two cases that were argued earlier in the month. First, we dig into Acheson Hotels, LLC v. Laufer, and debate which jurisdictional ground the Court will rely on to get rid of the case. Then, we give the people what they want and talk about admiralty law in Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC