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U.S. Inflation Spreads Broadly: 46% of CPI Components Exceed 3% in September, Fitch Says
According to Fitch Ratings, inflation in the United States has broadened significantly in September, with 46% of CPI components posting year-over-year increases exceeding 3%, double the 2018-19 average of 23%. The widening price pressures extend beyond energy into goods and services across the
Shanghai Gold Exchange Gold Closes Up 0.51% at 864.53 yuan/gram, Silver Rises 0.3% on October 26
According to Shanghai Gold Exchange, gold T+D closed up 0.51% at 864.53 yuan per gram on October 26 (Monday) evening session, while silver T+D rose 0.3% to close at 13,056.0 yuan per kilogram.
Trend-Following Hedge Funds Post Worst Week Since 2024 as AI Investment Returns Draw Scrutiny
According to Goldman Sachs, trend-following hedge funds experienced their worst week since 2024 last week (Oct 21-25) amid mounting concerns about returns on massive AI spending. Systematic multi-strategy funds fell 2%, while fundamental-driven hedge funds declined 1.1%. The Nasdaq 100
Shanghai Exchange Crude Oil Futures Close Down 0.87% Overnight at 733.30 Yuan per Barrel
Shanghai Exchange crude oil futures 2612 contract closed down 0.87% at 733.30 yuan per barrel in the night session. Shanghai gold rose 0.4%, while Shanghai silver gained 0.31%.
FTC Demands Testimony from Anthropic Executives Over Consumer Harm Investigation
According to Axios, the U.S. Federal Trade Commission (FTC) on Monday demanded testimony from Anthropic executives regarding its consumer harm investigation. The FTC had previously issued civil investigative demands seeking documents related to security incidents, safety measures, marketing
Vitalik Buterin Backs Kimi K3.1 Pro's AI Hacking Restrictions, Warns KYC Risk; Performance Gap: 81% vs 90.5%
According to Vitalik Buterin's October 26 X post, the Ethereum co-founder supports Moonshot AI's decision to restrict offensive hacking capabilities from its Kimi K3.1 Pro model. Buterin argued that limiting what a model can do is preferable to restricting who can access it, citing the need for
ETH-1.31%
Strategy Holds $67.9 Billion in Bitcoin After Pausing Purchases for One Week
According to Strategy's October 26 Form 8-K filing, the Bitcoin treasury company held 848,517 BTC as of October 25 after pausing purchases for one week, instead spending $204.9 million to repurchase its Variable Rate Series A Perpetual Stretch Preferred Stock. The company's USD Cash balance fell to
BTC-0.50%
SpaceX Locks Up $40 Billion for GPU Leases as Musk Warns of Neocloud Consolidation
According to a regulatory filing, SpaceX signed a binding commitment letter on October 25 for approximately $40 billion in GPU leases from an entity managed by Apollo Global Management. Leases will begin in the first half of 2027, with the master lease expected to close before the end of 2026. Space
SATS Perpetual Swap Activated as Michael Saylor Amplifies Announcement
Michael Saylor recently amplified a tweet announcing that the SATS perpetual swap has been activated. The perpetual contract aims to enhance trading opportunities and liquidity for SATS users in the crypto
Dogecoin Foundation Ends House of Doge Partnership, Requires $400,000 Payment
According to an October 23 SEC filing, the Dogecoin Foundation terminated its exclusive commercial agreement with House of Doge effective October 19, requiring the Nasdaq-listed company to pay $400,000 and relinquish exclusive licensing rights. House of Doge must also remove Dogecoin branding from i
DOGE+0.03%
Brazil's Bovespa Plunges 15% on Lula's Re-election on October 26; Real Weakens 11%
According to Yonhap Infomax, Brazil's financial markets tumbled on October 26 following President Luiz Inácio Lula da Silva's successful re-election. The Bovespa index fell 15.16% in morning trading, with intraday losses reaching 17.34%. The Brazilian real weakened nearly 11%, while
RE-4.78%
OpenAI Rolls Out GPT-6.1 Terra for Plus, Pro, Enterprise, and Edu Users
OpenAI has rolled out GPT-6.1 Terra, making it available to all Plus, Pro, Enterprise, and Edu users. The new model is now accessible in ChatGPT Work and Codex.
Bitcoin Drops to $79,250, Marking Deepest Decline Since July
Bitcoin's price has fallen to $79,250, marking its deepest drop since July amid rising expectations for a Federal Reserve interest rate hike in December, now at 72%. Key support levels between $77,000 and $77,765 are being closely monitored by traders as a critical gauge for potential further
BTC-0.50%
Mochatrade Completes $5.56M Funding Round Led by CoinFund
According to The Block, Mochatrade, a Y Combinator-backed Indian fintech platform, completed a $5.56 million Series A funding round with CoinFund leading and Coinbase Ventures participating. The company provides Indian traders with perpetual contracts pegged to U.S. stock prices, allowing deposits i
HYPE+2.57%
Solana Reclaims Top Position in Weekly Tokenized Equities DEX Volume
According to @SolanaFloor, Solana reclaimed its position as the leading blockchain for tokenized equities spot DEX volume this week. The surge highlights growing activity in Solana's tokenized asset ecosystem, with the platform now ahead of competing blockchains in the
SOL-0.98%
Qualcomm Partially Denied Motion to Dismiss Direct Patent Infringement Claims on October 22
Judge Jane J. Boyle of the U.S. District Court for the Northern District of Texas partially denied Qualcomm's motion to dismiss direct patent infringement claims on October 22. The court approved Qualcomm's requests to dismiss allegations of induced infringement, contributory infringement, and
predict.fun Shows BLG Has 71% Win Probability Over KC in LoL S16 Swiss Round Today
According to predict.fun, BLG has a 71% probability of defeating KC in today's early morning match (October 26) of the League of Legends World Championship S16 Swiss Round, third round. The matchup will be played in BO1 format, with both teams currently holding a 1-1 record. BLG opened the
Hyperliquid Launches HIP-3* Supporting Permissioned Perpetual Futures Markets
According to Hyperliquid, the platform announced on October 27 that it is launching HIP-3 in a forthcoming network upgrade to enable optional permissioned market configurations. The feature centers on an on-chain allowlist managed by the market deployer or its sub-deployers. HIP-3 is an optional
HYPE+2.57%
Multiple Brazilian Parties Acknowledge Lula's Victory on October 26, Reject New Elections
According to Brazilian media on October 26, multiple right-wing and center-right parties that previously supported Flavio Bolsonaro—son of former president Jair Bolsonaro—in the presidential election have acknowledged the victory of labor party candidate and incumbent president Luiz Inácio Lula da
France's 10-Year Bond Yield Falls 11.7bp to 4.902% on October 26, Moody's Holds Rating
On October 26, France's 10-year government bond yield fell 11.7 basis points to 4.902% in late European trading, after Moody's refrained from adjusting the country's credit rating on Friday despite recent civil unrest. The decline marked the second consecutive trading day of decline since the yield
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