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Xreal is opening preorders for its latest generation of augmented reality glasses, the Xreal Air 2 and Air 2 Pro, for a November release in the US, UK, Germany, France, and Italy. The glasses are a follow-up to the first-generation Air glasses released last year under the company’s former name Nreal

• A recession will hit in the fourth quarter, Bill Gross said in a Monday tweet.
• Invest in the yield curve, SOFR futures, and equity arbitrage, he advised investors.
• Bill Ackman also closed bets made against Treasurys, amid growing economic risks.

The US will drop into a recession this quarter, as the economy is flashing signs it's cooling down, billionaire investor Bill

• Former Maryland Gov. Larry Hogan is pulling out of two Harvard University fellowship programs.
• Hogan said this was in response to "dangerous anti-Semitism" that had "taken root" on its campus.
• Tensions have escalated after some student groups said they held Israel "entirely responsible" for Hamas' attacks.

Former Maryland Governor

• Qatar Airways announced that its CEO, Akbar Al Baker, is standing down after 27 years.
• Al Baker's leadership has seen the airline win an array of awards, including the World's Best Airline seven times.
• But he has also earned a controversial reputation for his comments about women and flight attendants.

Qatar Airways' outspoken CEO is standing

• David Rosenberg sees the same investor complacency as before the 2008 crash and financial crisis.
• The US economy will suffer a recession within the next few quarters, the veteran economist says.
• Prices of stocks and homes, debt levels, late payments, and bank woes are all red flags in his view.

David Rosenberg just issued a grave caution to investors, warning their complacency

• A drought in an Amazon river has revealed prehistoric carvings reminiscent of modern emojis.
• The carvings represent faces smiling or scowling. 
• It's not clear who made the carvings, but they are thought to be 2,000 years old.

A drought in the Amazon has revealed

• Ukraine was close to killing Russia's Chief of the General Staff, per The Washington Post.
• Valery Gerasimov was on the front lines when the attack happened, per The New York Times.
• Ukraine has made several assassination attempts on top commanders, reports say.

A top Russian military

• Stocks have struggled over the second half of 2023 – and the pain isn't over yet, according to Morgan Stanley's Mike Wilson.
• Weak earnings will drag the S&P 500 down another 8% by the end of the year, he said Monday.
• Big Tech giants Microsoft, Alphabet, Meta and Amazon are all set to report their quarterly results this week.

US stocks won't rally anytime

• Crocs launched its new $120 cowboy boots on Monday.
• The brand has gained a reputation for its "ugly fashion" look.
• The new boots indicate that it has no plans to stray from this aesthetic.

Just when you think Crocs can't get any uglier, the footwear firm likes to surprise you.

The American brand, which reinvented the modern-day clog, released a limited edition pair of

• The 11-foot-long Nissan Sakura is Japan's best-selling electric vehicle, per Bloomberg.
• The $13,000 "Kei car" has left rivals such as Tesla in the dust.
• Mini "Kei trucks" are taking off in the US, with some being sold for as little as $5,000.

Tesla may dominate the global EV market — but for drivers in

The number of people paying for Spotify Premium rose three percent to 226 million on a quarterly basis as the streaming service announced price increases across the US and several other global markets. Spotify’s monthly active users (MAUs) also rose to 574 million as of September 30th, a four percent increase from last quarter. Both rises were slightly above Spotify’s forecast.

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