YouTube Finally Set to Comply With Australia’s Under-16s Ban

Stocks rose as Bitcoin experienced a notable rebound, climbing back above $90,000 after a significant selloff that had previously erased nearly $1 billion in leveraged bets. This recovery was highlighted during the U.S. market close coverage on Bloomberg Television, where analysts discussed the implications for investors and the broader market.

Oracle Corp.'s credit risk gauge has reached its highest level since the 2009 financial crisis, driven by a surge in bond sales from major tech firms and growing fears of a bubble in the artificial intelligence sector. This spike reflects increasing investor anxiety about the sustainability of Oracle's debt amid its significant investments in AI technology.

CrowdStrike Holdings Inc. has raised its fiscal 2026 guidance, indicating strong demand for its growing range of artificial intelligence-enabled cybersecurity products. This adjustment reflects the company's positive momentum in the technology sector.

Marvell Technology Inc. announced its intention to acquire Celestial AI, leading to a surge in its shares as investors reacted positively to the news. The company emphasized that its custom chip-design unit is securing repeat orders, indicating robust growth amid increasing demand for AI computing solutions.

Bitcoin has surged back above $90,000 after a significant selloff that erased nearly $1 billion in leveraged bets, marking a brief recovery amid ongoing volatility in the cryptocurrency market. Kavita Gupta from Delta Blockchain expressed concerns about the lack of transparency in crypto treasury companies during her appearance on Bloomberg Crypto.

Bitcoin has seen a significant decline in value, dropping approximately 16% over the past six months, leading many to question its true worth. Merryn Somerset Webb discusses the implications of this downturn, particularly as Bitcoin approaches its lowest price since April 2025.

Australia's social media ban for children under 16 is set to take effect on November 10, aimed at enhancing online safety for minors. The initiative has garnered mixed reactions, with privacy experts questioning its effectiveness while others commend its protective measures for youth.

Strategy CEO Phong Le expressed a commitment to maintaining dividend payments to investors indefinitely, despite the ongoing decline in Bitcoin prices. He emphasized that there are no plans to liquidate the company's Bitcoin holdings during this downturn. Le made these remarks during an interview on Bloomberg Crypto.