Gate Crypto Flash News and Market Updates

According to Mizuho, on October 1, the brokerage upgraded BJ's Restaurants (NASDAQ: BJRI) to Outperform from Neutral, raising the price target to $76 from $74. The firm also raised its Q3 same-store sales growth forecast to 5.5% from 4.6%, exceeding the Wall Street consensus of 4.3%. The upgrade was based on Mizuho's field checks. Following the positive analysis, BJRI shares closed up 3.42%, or $1.96, at $59.25.

According to Korea Investment & Securities analyst Jung Ho-yoon, Naver's current stock price has mostly reflected major headwinds, maintaining a BUY rating with a target price of 360,000 KRW on October 2. The stock closed at 191,200 KRW on the previous trading day. The analyst noted that stock underperformance was driven by delays in announcing AI data center tenants and concerns over weak second-half results, but expects the data center business to enter a positive transformation phase with Nav

Fed Governor Lisa Cook said on Thursday at a New York Federal Reserve event that supply shocks have become more prominent and their impact is "unexpectedly prolonged," challenging the Fed's traditional approach of disregarding such disruptions. "Supply shocks have had a much more persistent impact than expected, and we have seen increasingly more supply shocks in recent years," Cook stated. She noted that the Fed's past convention was to ignore supply shocks "because tightening monetary policy d

According to the Russian Emergency Ministry, a chemical plant in Krasnoozavodsk, Moscow region caught fire on October 1, causing a warehouse to collapse. The fire has affected an area of approximately 1,000 square meters. Forty people were evacuated from the site, and four are feared missing as emergency rescue operations continue to locate them. Initial information indicates the fire was not caused by drone strikes; the exact cause remains under investigation.

According to The Information and SoftBank statement, Nvidia and SoftBank each completed their $10 billion investments in OpenAI on October 2, fulfilling their respective $30 billion commitment from the company's Series D round announced in March 2024. OpenAI's latest funding round secured $122 billion in total commitments at a $852 billion valuation. SoftBank stated that following this final investment, its cumulative investment in OpenAI reached $64.6 billion with approximately 13% equity stake

According to Elon Musk on October 2, Tesla has reduced the RAM of its AI5 chip to 72GB LP5, cutting it in half, and its AI6 chip's RAM to 144GB LP6, a one-third reduction. Musk also stated that Tesla cautiously expects to run the SpaceX version of the VR72 at approximately 250 kilowatts average power, implying a peak power roughly 10% higher than this average.

According to an announcement on October 1, Intercontinental Shipping (02409) agreed to sell 100% stake in Seacon subsidiaries to Cetus Maritime Holdings Limited for a total consideration of $134 million. The transaction includes a long-term charter arrangement for the subsidiaries' vessels. Payment comprises 30% in cash ($40.835 million) and 70% through issuance of consideration shares to the buyer in connection with its planned listing. The company stated the sale aligns with its fleet optimiza

According to ChainCatcher, Volmex launched Bitcoin implied volatility index (BVIV) perpetual futures on Hyperliquid today. The contract is based on option data from Deribit and OKX, reflecting traders' expectations of Bitcoin's 30-day volatility magnitude. Each index point settles for 1 USDC using isolated margin mode, with a maximum leverage of 5x.

According to Nick Timiraos on October 2, Federal Reserve Vice Chair Barr Jefferson signaled the Fed may need to wait longer before raising rates again. The remarks echo New York Federal Reserve President John Williams' recent stance. Both top Fed officials are now subtly questioning a potential October rate hike, reversing investor expectations from days earlier. In his remarks, Jefferson emphasized the need for careful data assessment and more time to evaluate economic trends and inflation dyna

SPDR Gold Trust, the world's largest gold ETF, added 0.855 tons to its holdings yesterday, bringing total assets to 1,056.551 tons.

According to X discussions, BlackRock announced a collaboration with Ondo to tokenize model portfolios using Ethereum-based tokens, enabling 24/7 trading and management. The partnership leverages Ondo's tokenization platform to convert real-world investment products into blockchain-based assets, signaling increased institutional interest in tokenized investment solutions.

According to KIS Vietnam, the company on September 17 is expanding its stock margin lending business through capital reinforcement. Margin lending in Vietnam carries interest rates of 8-10%, a high-yield revenue driver that regulators allow securities firms to extend up to twice their capital base. KIS Vietnam's parent company approved a $60 million loan to support the expansion, following a previous $30 million capital injection. In the first half of 2026, KIS Vietnam reported revenue of 100.1

According to the Solana Foundation's official podcast 'The Stack,' the upcoming Alpenglow upgrade will significantly enhance network performance by reducing transaction finality to approximately 100 milliseconds, down from the current average of 12.8 seconds. Ashwinningg from anzaxyz discussed how the upgrade improves speed, finality, and overall network reliability for the Solana blockchain.

According to Jim Cramer of CNBC, enterprise software's comeback was the defining stock market story of the third quarter. The iShares Expanded Tech-Software Sector ETF (IGV) rose 17% during Q3, compared with an 11% decline for the iShares Semiconductor ETF (SOXX), as market leadership shifted away from chip names that had surged in the first half.

On Wednesday, Michael Burry, the investor famous for shorting mortgage-backed securities during the 2008 financial crisis, called for a sharp market crash to prevent OpenAI and Anthropic from going public. In a post on X, Burry stated: "For the welfare of all humanity, the market should crash and burn to block the IPOs of OpenAI and Anthropic." The post garnered over 860,000 views. Burry warned that the two companies would absorb and deplete trillions of dollars in capital. He also revealed he i

According to Guru Club, Venezuela's oil exports to the United States rose to 629,000 barrels per day in September, while total oil exports declined to 1.08 million barrels per day during the same period.

According to a statement reported on Oct 1, European Central Bank President Christine Lagarde urged Europe to develop its own artificial intelligence capabilities to mitigate risks from dependence on AI models developed elsewhere. Lagarde stated that Europe must become an indispensable part of the end-to-end AI supply chain to ensure that access to critical financial resilience tools is not controlled by other regions. The ECB leadership has previously emphasized this position, warning against w

According to Barron's, Tesla postponed its Roadster showcase event originally scheduled for October 1 to October 15 due to severe weather conditions. The company announced the delay on Monday evening, citing "severe weather situations." The highly anticipated Roadster, first teased in 2017, is expected to accelerate from 0 to 60 mph in nearly one second and carry a starting price exceeding $200,000. Some variants may incorporate technology from SpaceX, Elon Musk's rocket company. The vehicle is

According to Xinhua, on October 1, China's Permanent Representative to the United Nations Fu Xiao made a joint statement on behalf of 28 like-minded countries in the UN Third Committee, urging the international community to firmly stop unilateral coercive measures. Fu stated that despite repeated international calls for immediate termination, these illegal measures continue causing severe humanitarian, economic, and human rights consequences for targeted nations, including threats to food, energ

According to its official announcement via @maplefinance, Maple Finance is preparing for TOKEN2049 in Singapore next week to establish connections with APAC institutional capital players. The firm's team, including @syrupsid, @joedefi, and @MartindRijke, will engage with treasuries, exchanges, market makers, and allocators at the event as part of its strategy to position itself as a key player in attracting institutional capital from the Asia-Pacific region.