Actualités

The OCC's first final rule under the GENIUS Act gives existing stablecoin rewards programs no safe harbor: exchanges must seek approval, with compliance assessed case by case, and the rule takes effect January 18. The agency said rewards made at least partly for reasons beyond holding, using or retaining a payment stablecoin may fall outside the law's yield ban, according to CoinDesk. The rule also sets U.S. issuance and custody standards and adopts principles-based reserve diversification requirements, while other agencies continue developing their own rules.

Tesla and Nvidia will invest $2.8 billion in a Samsung Electro-Mechanics factory. According to ChainCatcher, the investment was reported by South Korea's Maeil Business Newspaper.

Meta reported stronger-than-expected third-quarter revenue on Wednesday and issued an upbeat forecast for the current quarter, sending its shares up about 2.5% in after-hours trading.
The parent company of Facebook and Instagram posted net income of $9.86 billion, or $3.83 per share, for the July-September quarter, compared with $2.71 billion, or $1.05 per share, a year earlier.
Revenue rose 26% year over year to $64.60 billion from $51.24 billion, surpassing Wall Street’s consensus estimate of $63.34 billion.
“We hit major milestones this quarter toward delivering personal superintelligence for everyone - including launching Muse and Muse Wonder, our first frontier model,” CEO Mark Zuckerberg said in the earnings release.
For the fourth quarter, Meta projected revenue of $73 billion to $76 billion, with the midpoint of $74.5 billion above analysts’ expectations of $73.73 billion, according to LSEG.
Muse AI Gains Traction as Meta Expands Its AI Push
Meta’s latest results come as the company accelerates its efforts to integrate AI into its consumer platforms and develop more advanced models.
The early success of Muse, its personal AI assistant, helped Meta deliver its strongest monthly stock performance since 2022 in September. The tool debuted that month, drawing attention to the company’s push to bring AI agents to a broader audience.
While other companies have developed digital assistants capable of organizing email and searching the web for product deals, Meta’s extensive reach through Facebook and Instagram has helped expose AI agents to a mass audience. Meanwhile, Meta and its AI chief, Alexandr Wang, have continued releasing foundation models and related updates at a rapid pace, including Muse Wonder, which launched last Monday.
During a call with analysts, Zuckerberg said more than 10 million people in the U.S. and Canada had created accounts for Muse.
Zuckerberg acknowledged that Muse requires substantial computing resources to operate. However, he said Meta expects to improve its cost efficiency by more than 10 times over the next year, “which will enable it to be profitable once the revenue lines are at scale.”
Meta Raises Minimum Capex Forecast and Restructures Shares
Meta also adjusted its capital expenditure outlook, raising the lower end of its projected range from $130 billion to $135 billion while keeping the upper end unchanged at $145 billion.
Separately, the company announced that its board had approved the creation of a new class of publicly listed, nonvoting Class C common stock, effective in January.
Under the arrangement, each shareholder will receive one nonvoting Class C share for every share currently held, effectively doubling the number of shares outstanding. Trading is expected to begin in late January 2027.
The structure is designed in part to expand Meta’s ability to raise capital for AI infrastructure while allowing Zuckerberg to retain control of the company. The new shares will not carry voting rights.
User Growth Rises as Costs and Legal Risks Mount
Meta reported that daily active users across its “family of apps” — Facebook, Messenger, Instagram and WhatsApp — increased 3% year over year to an average of 3.64 billion.
However, the company’s expanding AI ambitions and other costs continued to weigh on its expense base. Total expenses climbed 68% from a year earlier to $51.61 billion, including a charge related to its multistate legal settlement.
Meta did not provide revenue guidance for 2027. It did, however, project that losses at its Reality Labs division would narrow to around $15 billion next year as investment shifts toward other areas, primarily AI. Reality Labs develops the company’s augmented reality, virtual reality and related wearable products.
Meta also faces a major legal setback. On Wednesday, a judge ordered the company to pay New Mexico $25 billion after a jury found it liable for deceiving users about privacy on Facebook.
The ruling represents the largest fine ever imposed against the tech giant, adding another potential financial and regulatory concern as Meta ramps up spending on AI infrastructure and other long-term initiatives.

The PHP Foundation has acknowledged that indecision and a shortage of resources delayed a fix for a critical security flaw first identified in 2024, calling the stalled response a "structural failure," according to Cointelegraph. Government agencies and other organizations worldwide took websites offline Wednesday as a precaution while PHP released emergency patches for two related critical vulnerabilities that could let unauthenticated attackers execute code on affected servers without logging in. PHP is a programming language widely used to power websites, web applications and content management systems. In a blog post after the patch, the foundation said its developers first spotted signs of the vulnerability in 2024 but struggled to craft a fix without disrupting the large ecosystem built on PHP. "Combined with the lack of a known path to remote code execution and the small team of core developers with the necessary deep knowledge of the engine occupied with many responsibilities, this decision process caused work on a fix to stall and restart repeatedly over months," the foundation said. "We won't pretend otherwise: the delay was a structural failure, caused by both the security team's decision process and its lack of resources." The flaw was flagged again Aug. 11 after security firm Calif and OpenAI independently reported the same underlying issue — Calif demonstrated unconditional remote code execution, making it a top security priority. The disruption stretched worldwide: the Netherlands shut its digital identity service and its National Cyber Security Center took its website offline; Finland's state IT provider Valtori disconnected public web services; France's Interior Ministry temporarily took prefecture sites offline; Germany's federal IT provider ITZBund disabled several sites, according to Reuters; and Australia's Signals Directorate confirmed cyber.gov.au was affected. Japanese Prime Minister Sanae Takaichi urged operators on X to prepare the patch as quickly as possible, saying temporarily suspending website functions could reduce risk if it couldn't be applied immediately. The Wikimedia Foundation took Toolforge and Cloud VPS offline as a precaution, knocking parts of Wikipedia offline Wednesday. In crypto, SlowMist's MistEye survey identified 793 domains with direct PHP fingerprints among 1,488 assessed, urging exchanges, DeFi platforms and wallet providers to review exposure and upgrade. Intersect, the Cardano governance organization, temporarily took its Members Area offline. Coinbase chief security officer Jeff Lunglhofer said the company found no evidence of exposed PHP instances: "Whenever we hear about vulnerabilities like this, we automatically conduct a full sweep to make sure everything is as safe as we can make it. We're also working with our third party suppliers for extra assurance." BitGo said its platform was unaffected. Binance founder and former CEO Changpeng Zhao (CZ) warned internet users Wednesday to be "extra careful" visiting any website in the next few days, as some web administrators may not be up-to-date with security patches. OpenAI released a Codex skill on GitHub to help operators check for vulnerable PHP versions and identify applicable updates. The PHP security team said it has not identified any functional exploits at the time of its public disclosure.

Tesla reported third-quarter results that topped Wall Street’s earnings expectations on Wednesday, although revenue came in slightly below consensus and automotive sales declined. Its shares fell more than 3% in after-hours trading.
The electric vehicle maker posted Q3 revenue of $28.05 billion, compared with Bloomberg’s consensus estimate of $28.13 billion. Adjusted earnings per share (EPS) came in at $0.48, beating the $0.44 estimate, while adjusted EBITDA reached $3.90 billion versus expectations of $3.66 billion.
Tesla $TSLA did not sell any Bitcoin in Q3 2026, leaving its $972 million BTC holdings unchanged.
Automotive Revenue Declines as Free Cash Flow Turns Positive
Revenue from Tesla’s core automotive business fell 3% year over year to $20.56 billion, while energy revenue declined 16% to $2.88 billion.
The services and other segment provided an offset, with revenue rising 33% from a year earlier to $4.61 billion.
Tesla attributed the weakness in automotive revenue and profitability to lower average vehicle selling prices and difficulties securing sufficient battery supplies to meet its order backlog.
GAAP net income attributable to common stockholders was $787 million, down 43% from $1.37 billion in Q3 2025.
The decline in profitability came as Tesla increased spending on its Optimus humanoid robot program and other artificial intelligence initiatives.
Free cash flow, however, came in well above expectations at $1.53 billion, compared with an estimated outflow of $4.92 billion. Capital expenditures totaled $4.732 billion, below the $7.96 billion analysts had projected.
During the earnings call, Tesla lowered its full-year capital expenditure forecast to $20 billion from its previous estimate of $25 billion. CFO Vaibhav Taneja attributed the reduction to "managing our capital deployment efficiently, and plan to fund [capex] primarily from our cash flows from operations," he said.
Tesla plans to direct investment toward Optimus production lines, AI computing infrastructure, the Cybercab rollout and the Terafab chip facility it is developing with SpaceX.
The company also disclosed that its Optimus robot had begun production at its Fremont factory. "While we will continue to iterate on the hardware and manufacturing process, we have proven that the current manufacturing process for Optimus is suitable for a commercial product," Tesla said in its earnings release.
Beyond robotics, Tesla aims to expand its AI training capacity to 400 MW by year-end. The company also reported that active subscriptions to its Full Self-Driving (FSD) service had increased to 1.74 million.
Potential SpaceX Deal Remains Uncertain
CEO Elon Musk has also fueled speculation about a potential combination involving Tesla and SpaceX, his aerospace company.
"I think both SpaceX and Tesla have formed special committees to discuss this idea," Musk said during SpaceX's earnings call on Tuesday night. "At the request of shareholders, and these special committees consist of independent directors. And because I'm a conflicted party, I can't actually be in the discussions of the special committees."
He added, "I don't think we should necessarily assume that I think some people out there assume that a SpaceX and Tesla merger is a certainty. And I think that would be overstating it. Do I think it would be a good idea? Yes."
Tesla delivered 486,532 vehicles in Q3, down 2% year over year but above Bloomberg’s consensus estimate of 463,000. Energy storage deployments reached 13.7 GWh, up from 12.5 GWh a year earlier and 13.5 GWh in the second quarter.
Meanwhile, Tesla launched commercial Cybercab service in Austin on Sept. 3, drawing scrutiny from federal regulators. The National Highway Traffic Safety Administration (NHTSA) issued a special order containing 21 requests for information on how Tesla self-certified the steering-wheel-free, pedal-free vehicle as compliant with federal safety standards. Tesla sought an extension until Nov. 20, but the agency granted an additional 30 days, setting the response deadline for Oct. 30.
Tesla also unveiled its long-delayed Roadster last Thursday at a SpaceX facility in Waco, Texas. During the event, the vehicle used cold-gas thrusters to leap over several Tesla cars, including a Semi truck. Tesla said the Roadster completed a 0-to-60 mph test in 0.81 seconds, while Musk indicated that production is expected to begin in 2028.

Copper fell alongside other industrial metals as a selloff in AI-related stocks reduced risk appetite across global markets, according to Bloomberg.

According to Jin10, Singapore is attracting more overseas gold assets as wealthy holders of physical gold weigh legal systems, financial stability, and political risks alongside gold prices; private gold holdings have grown about 16-fold in a decade.

On Oct 21, 2026, 15:29 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,502.48999 USDT, with a narrowed 2.89% increase in 24 hours.

According to Kabutan, The Korea Herald and HKET, Tokyo's Nikkei 225 opened Thursday at 64,539.36, down 81.88 points, while the broader TOPIX opened at 4,047.39, up 3.66 points. Uncertainty over the Middle East and concerns about excessive investment in artificial intelligence weighed at the open, while gains in major U.S. indexes in the previous session provided support, and the Nikkei briefly turned higher after the open. Resonac and Furukawa Electric declined, while Taiyo Yuden and NEC advanced. Overseas investors were net sellers of Japanese stocks for the first time in three weeks in the week of Oct. 11-17, selling 66.5 billion yen.
Seoul's KOSPI opened at 5,670.11, down 65.55 points, or 1.14%, before paring losses to 5,710.98 as of 9:15 a.m. Seoul time, down 24.68 points, or 0.46%. Samsung Electronics edged up 0.34%, SK hynix fell 0.31%, LG Energy Solution declined 3.65% and Samsung Electro-Mechanics gained 4.79%. The Bank of Korea (BOK) kept its benchmark interest rate unchanged at 3% after two consecutive rate hikes. The won traded at 1,326.5 per U.S. dollar.
Hong Kong's Hang Seng Index opened 138 points lower at 23,513, and the Hang Seng TECH Index fell 1.1% to 3,949. Lenovo fell 4%, Tencent dropped more than 1%, Alibaba lost 2% and CATL declined more than 3%. The Hang Seng's loss widened to 300 points after the open, with Alibaba down 3%.
Taiwan's TAIEX opened 54.98 points higher at 46,942.75 and later rose by nearly 450 points at one point. TSMC gained NT$15 to NT$2,435, while Elite Material rose by its daily limit.
In mainland China, the four major A-share indexes opened mixed: the Shanghai Composite rose 0.04%, the Shenzhen Component fell 0.12%, the ChiNext Index slipped 0.25% and the STAR Composite Index edged up 0.24%.

The Polkadot Community Foundation warned that several Fearless Wallet browser extension versions contain malicious code that sends users’ private keys to an attacker-controlled server when they unlock their wallets. According to Foresight News, versions 3.0.1, 3.0.3, 3.0.4, and 3.0.5 are affected, and users who have used the extension since February 2025 should treat all accounts in it as compromised and move their assets to new accounts immediately.
The code was added to the extension’s public source code on February 19, 2025, as part of a large change labeled “TON ecosystem.” It activated intermittently from February 2025 through October 10, 2026, and could be reactivated at any time. The Chrome extension is confirmed to be affected; a delisted Firefox version used the same code. The foundation said it had not found the code in the Android or iOS apps, but users should consider a private key compromised if it was also imported into the browser extension.
Eight users have reported unauthorized transactions attributed to the incident, involving a total of 17,286 DOT. Changing a password or reinstalling the extension will not address the issue. Users whose assets are staked, in nomination pools, or locked for governance voting can seek help recovering them with PAPI Rescue, a tool developed by the Polkadot API team. The foundation noted that Fearless Wallet is developed and maintained by an independent team and is not an official Polkadot wallet.

Bitcoin rose 1.3% to just above $82,700 in Asian hours on Wednesday, reclaiming the 50-day moving average at $81,481 that it lost on Tuesday. The level that counts is $83,242 — the 20-day average, where Monday’s ask wall sat — and the price is $542 below it.The move followed earnings beats from SpaceX and Super Micro Computer that lifted Asian technology stocks, with ZEC jumping 11% to about $1,260 after Zcash developers set the activation height for the NU7 upgrade.$83,242 Is the Test, Not $84,000Bitcoin’s range has been closing from both sides: the October high of $87,229 on the 2nd, rejections near $84,000 on the 13th and 14th, and $83,100 on Monday, against lows of $79,709 on the 15th and around $81,400 on Tuesday.That makes the 20-day average the operative resistance. It is where the option book’s ask liquidity concentrated on Monday and where the last rally stalled. A move through $83,242 would be the first higher high since October 2; failing there leaves the 50-day at $81,481 as the level now underneath rather than overhead.Setting the bar at $84,000 skips the test that comes first.SpaceX Beat by $1.9 Billion and Spent More Than It EarnedRevenue came in at $14.575 billion against expectations near $12.7 billion, up 161% from $5.576 billion a year earlier. Net income was $4.404 billion — the company’s first profit, at a 30% net margin. Shares rose 8% in extended trading.Capital expenditure was $19.593 billion for the quarter, matching what analysts expected and exceeding quarterly revenue by 34%. Across the nine months to September 30, the company generated $13.097 billion of operating cash flow against $48.069 billion of property and equipment purchases — capex running at 3.7 times cash generation, for a burn near $35 billion.Both halves are true simultaneously: the business crossed into profitability and is consuming cash at a scale the income statement does not show. Reading the beat without the capex line gives the wrong picture of what was reported.Growth came from the Superintelligence division, which carries the 64% of revenue Starlink does not. Starlink contributed $5.248 billion with operating profit up 99%, 13.6 million consumer subscribers and monthly average revenue per user rising from $66 to $69. Cursor, acquired on August 14, added $608 million in 47 days — an annualized run rate near $4.7 billion.The Earnings Story and the Infrastructure Story Are SeparatingAustralian data-centre developer Nextdc fell 40% after cutting its outlook, on the same session that AI earnings were credited with reviving the trade.It is the third such break in three days. CoreWeave hit a 52-week low on Monday despite a Goldman Sachs upgrade and a Nasdaq up more than 1%. The Kospi fell 3.73% on Tuesday to its lowest close since April 7 on renewed AI spending worries at SK Hynix and Samsung.The pattern is consistent: companies buying AI capacity are beating estimates while companies building it are being repriced. Goldman Sachs measured AI-related high-yield spreads widening 25 basis points last week against barely any move in non-AI spreads. SpaceX’s own $35 billion nine-month burn is the same phenomenon viewed from the inside — the capital intensity is real and it has to be financed.Asia Has Moved 9 Points for NothingThe Kospi gained 3.7% on Wednesday to around 5,758, after falling 3.73% on Tuesday to roughly 5,553 and rising 1.76% on Monday to 5,768.Three sessions, roughly 9.2 percentage points of absolute movement, and a net change of about nothing. Taiwan’s Taiex added 1.4% and Nasdaq 100 futures climbed 1%. That is a market repricing the same question twice a day rather than resolving it, which is the condition Bitcoin’s compressed range has been reflecting.Zcash Triples Its Confirmation SpeedZEC led the majors after developers set the mainnet activation height for NU7 — the block number at which every node switches to the new rules.The upgrade cuts block time from 75 seconds to 25, so payments confirm three times faster, and routes 60% of transaction fees into a reserve paid out over time. It has been running on Zcash’s test network since early October.Elsewhere, HYPE and DOGE each gained more than 3%, XRP added nearly 3% to $1.33, and ether rose 2% to about $2,450. BNB and SOL gained between 1% and 2%, while TRX was flat.The “Bear Phase Is Nearly Over” Case Weakens Once Dated CorrectlyHashdex notes that Bitcoin’s bear phase had run 359 days as of September 30, against 361, 377 and 411 days for the three previous cycles since 2011.Counted to today, it is day 380. That already exceeds two of the three comparators, and the average of the three is 383 — so Bitcoin is at the historical duration rather than approaching it. The argument the number was making three weeks ago is not the argument it makes now.Three prior cycles is also a thin basis for a timing call, and their 50-day spread leaves wide latitude. The observation is interesting as context and does not support a conclusion about what happens next.The firmer datapoint is positioning: short-term holders, the most likely sellers into weakness, now hold 16% of supply, the lowest since January 2023. That removes a source of reflexive selling. It is worth noting the figure is produced either by coins ageing into long-term hands or by short-term holders having already sold to long-term buyers — the same reading, with different implications.Oil Keeps Climbing on HormuzBrent rose above $110 as attacks on shipping around the Strait of Hormuz threatened flows and US industry data pointed to another drawdown in stockpiles. The dollar firmed slightly and Treasuries gave back part of Tuesday’s gains.The chokepoint matters for reading the risk. Hormuz carried 10.9 million barrels a day in September, and it is a separate exposure from the Red Sea and Bab el-Mandeb routes where Houthi forces operate — both are now in play, and conflating them understates which flows are at risk.The Fed Is the Next Fixed PointThe Federal Reserve meets on October 27 and 28, with the target range at 3.75% to 4.00% after September’s hike and markets pricing a low-to-mid-teens probability of another increase. The Fed is in blackout, so earnings and yields set the tone until then.For Bitcoin, the level to watch before that meeting is $83,242. Clearing it would give the first evidence the equity rebound is pulling crypto with it rather than past it.

Microsoft had about 223,000 full-time employees as of June 30, 2026, down from 228,000 a year earlier, according to its fiscal 2026 Form 10-K. According to ChainCatcher, the decrease of about 5,000 employees marked the company’s first workforce decline in a decade.
U.S. employees numbered 121,000, while overseas employees totaled 102,000. Microsoft had about 77,000 research and development employees, roughly 4,000 fewer than the 2024 peak. Meanwhile, revenue for fiscal 2026 rose 18% year over year to $331.8 billion.
The employee figures exclude a new round of cuts affecting about 4,800 positions in July 2026. Microsoft previously said the eliminated roles would not be directly replaced by AI.

Uniswap founder Hayden said the first UNI block trade executed through a regulated traditional finance channel has been completed. According to ChainCatcher, it was also the first block trade involving a DeFi token executed through such a channel.

On Oct 21, 2026, 15:40 PM(UTC). According to Binance Market Data, BNB has crossed the 750 USDT benchmark and is now trading at 750.190002 USDT, with a narrowed 2.21% increase in 24 hours.

U.S. President Donald Trump is expected to outline measures to combat overseas criminal networks behind fraudulent crypto investment schemes at a White House event on October 21. According to Foresight News, Reuters reported, citing a White House official, that the event will focus on cybercrime prevention and efforts to stop networks from luring Americans into crypto investment fraud. Trump and Cabinet members are expected to discuss the government’s work to seize fraudulent investment websites and curb online impersonation scams.
Expected attendees include Homeland Security Secretary Markwayne Mullin, FBI Director Kash Patel, Defense Secretary Pete Hegseth and Attorney General Todd Blanche. The FBI reported that Americans filed more than 1 million complaints about online fraud in 2025, a 17% increase from 2024.

Mayan has transferred more than $2.5 billion in assets to Arbitrum, including more than $2.3 billion in stablecoins. According to Odaily, half of the transfers were valued at $100,000 or more, while Arbitrum monitoring showed substantial stablecoin inflows on Mayan.

China is seeking to seize more than 61,800 BTC tied to an alleged $5.7 billion fraud affecting more than 102,000 investors. The case centers on Qian Zhimin, whose company prosecutors say sold unlicensed wealth-management products from 2014 to 2017; investors lost nearly 20 billion yuan, according to CoinDesk. On Oct. 13, a Tianjin court accepted the confiscation request and opened a six-month period for victims and other interested parties to join, while nonparticipants may still seek refunds. A U.K. High Court ruled Chinese law should govern victims’ claims to the Bitcoin seized in Britain; lawyers for some victims are seeking to appeal.

Treasuries climbed across the curve Thursday, pushing long-end yields to their lowest level in a month as renewed doubts about the durability of the artificial intelligence trade drove investors toward havens, according to Bloomberg.

U.S. Treasury futures with maturities of two to 10 years fell to intraday lows, while oil prices rebounded. According to Sina Finance, citing Reuters, the United States was preparing to order some staff at its embassies in the Gulf region to evacuate. Short- and intermediate-term futures led the declines, pushing the 5s30s spread to its narrowest level of the day. Yields on short- and intermediate-term U.S. Treasuries rose 4–5 basis points, while 20- and 30-year yields rose about 2 basis points. WTI crude futures erased their losses and turned higher, gaining about 0.4%.

The Cardano Foundation has urged the European Union not to create separate regulations for decentralized finance (DeFi) and staking, saying existing financial laws should apply according to activities’ functions and risks, rather than the technologies involved. According to Cointelegraph, the foundation set out its position in a Wednesday blog post describing a 19-page submission to the European Commission dated Sept. 30. It called for regulators to distinguish between people participating directly in decentralized networks and intermediaries offering financial services, especially those that take custody or control of users’ assets. The foundation said Cardano users can delegate ADA to help secure the network without giving up custody or locking their tokens, and argued that this differs from staking services provided by intermediaries. The submission also called for clearer boundaries between the European Union’s Markets in Crypto Assets Regulation (MiCA) and existing financial laws, saying overlapping requirements and differing interpretations among member states could create uncertainty for crypto businesses. The position comes as EU regulators consider broader oversight of crypto services. In September, the European Securities and Markets Authority recommended additional safeguards for staking, lending and borrowing, as well as a new regulated service category for firms providing access to DeFi protocols. The foundation also joined five other blockchain organizations in an Oct. 20 letter asking the US Securities and Exchange Commission to formally recognize digital commodities as non-securities under its proposed crypto framework.

According to Jin10, Nasdaq futures extended losses to 0.5%, Tesla (TSLA.O) fell 2.3%, and Micron Technology (MU.O), SanDisk (SNDK.O) and SK hynix (SKHY.O) each fell about 1%. Tesla disclosed that it would lower its annual capital expenditure target from more than $25 billion to $20 billion.

According to Jin10, Asian LNG imports are expected to reach 23.31 million metric tons in October, a three-month high, despite spot prices surging to nearly a four-year high. Data compiled by commodities analytics firm Kpler put October arrivals at 23.31 million metric tons, the highest since July, when imports totaled 23.38 million metric tons. October's total would also be the second-highest monthly figure since the conflict in the Middle East began on February 28, when the United States and Israel launched attacks on Iran.

On Oct 21, 2026, 14:25 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 84,000 USDT benchmark and is now trading at 84,024.03125 USDT, with a narrowed 1.34% increase in 24 hours.

Alibaba Group Holding Ltd. shares had their steepest decline in two months as investors worried about Chinese authorities’ push to tighten product-quality standards and strengthen consumer protection, Bloomberg reported.

According to Jin10, Anthropic could publicly file IPO documents as early as Friday, as its November listing plan enters a key stage. The IPO is approaching, but valuation expectations have cooled. Revenue continues to grow, while substantial computing investments and slowing growth have led investors to reassess its profitability outlook.

Optimism about growth driven by artificial intelligence lifted equities and helped the dollar edge higher, though the U.S. currency was mixed against G10 peers. According to Sina Finance, the Bloomberg Dollar Index rose 0.1% on Wednesday.
Brent crude surged again to a high of $111 per barrel as attacks near the Strait of Hormuz threatened shipping. Meanwhile, SpaceX helped lift technology stocks, easing concerns about the sustainability of AI investment. “Everyone is looking for what might be wrong with the AI boom,” said Steve Englander, global head of G10 FX research at Standard Chartered. “If those concerns prove exaggerated and do not affect U.S. economic growth, that would be a major positive for the dollar.”
The euro fell 0.1% to $1.1225. Econostream reported that ECB Governing Council member Martins Kazaks said interest rates may need to rise further if consumer price increases remain elevated. The pound rose 0.1% to $1.3393, approaching resistance at its 55-day moving average, with a key Fibonacci level next to test. Surging gasoline and diesel prices pushed UK inflation to an 11-month high; the increase exceeded expectations and is expected to prompt the Bank of England’s first rate hike in more than three years.
The dollar was little changed at 158.11 yen. The Australian dollar rose 0.3% to $0.7026. Comments by the Reserve Bank of Australia’s deputy governor on the inflation outlook boosted market bets on a rate hike at the November policy meeting.

Tesla’s energy business gross margin rose from 20.4% to 33.1%, the company’s CFO said. According to ChainCatcher, the increase was mainly driven by tariff refunds and warranty expense adjustments.

Treasury prices fell as reports that the Middle East war was heating up lifted oil prices, according to Bloomberg.

According to Jin10, at the 2:30 close, the main Shanghai gold futures contract rose 0.29% to 893 yuan per gram, the main Shanghai silver futures contract fell 0.06% to 14,015 yuan per kilogram, and the main SC crude oil futures contract fell 1.50% to 690 yuan per barrel.

Bitcoin climbed alongside technology stocks as risk appetite revived and spread to cryptocurrencies, lifting the token out of a bout of listless trading. According to Bloomberg, the move offered another sign of resurgent speculative fervor across global markets.

According to Jin10, Apple said it will seek a stay of enforcement and appeal the Australian Federal Court ruling requiring it to open its iOS system.

GMX’s governance forum has published proposal GMLabs-003, which would direct remaining Solana protocol revenue to GMX buybacks and introduce a 180-day unstaking lockup. According to Foresight News, the proposal plans to implement the changes starting October 28, subject to technical readiness.
Under the proposal, Solana revenue would first be used to buy back GT, with all remaining revenue used to buy back GMX; the purchased GMX would go into the staking rewards pool. A 180-day unstaking lockup would apply to new and existing GMX and esGMX staking positions on Arbitrum and Avalanche. Users would need to wait 180 days after submitting an unstaking request to withdraw, and staking time before the request would not count toward the lockup. Pending requests could be canceled.

Tesla reported third-quarter capital expenditures of $4.73 billion, well below analysts’ average estimate of $7.95 billion, as Elon Musk’s plan to transform the automaker into an AI and robotics company faces a test. According to Sina Finance, CFO Vaibhav Taneja said on a call that Tesla lowered its 2026 capital spending target to $20 billion from a previously projected figure of more than $25 billion; the company invested $8.3 billion in the first half of this year.
Tesla needs substantial investment to shift its business toward AI, robotics and autonomous driving. The transition is also seen as a key reason Tesla could merge with SpaceX, and Musk said this week that the companies had begun studying a potential deal. Haris Khurshid, chief investment officer at Karobaar Capital, said lower capital spending is positive only if it does not come at the expense of future growth. He questioned whether spending had merely shifted between quarters or whether the related projects were expanding more slowly than expected, given Tesla’s future valuation depends heavily on Robotaxi and Optimus.
Tesla’s adjusted third-quarter earnings were 48 cents per share, above analysts’ average estimate, while quarterly revenue was slightly below expectations. The shares extended their decline to 2.5% in after-hours trading after the lower spending target was announced. At Wednesday’s close, the stock was down 14% year to date.

According to Jin10, a New Mexico judge ruled that Meta Platforms (META.O) must pay a $25 billion fine after a jury found that it misled consumers about privacy.

DATA, backed by a16z and formerly Story Protocol, is shutting down its blockchain and moving to Sui after a $30 million investment from Sui Foundation, shifting from broad IP licensing ambitions to AI training-data provenance. CEO Andrea Muttoni said the company will focus on Trace, which records data origins, consent and licensing, while marketplace partner Kled adds 3 million to 4 million contributions daily, not necessarily sales, according to CoinDesk. DATA raised $140 million and plans to migrate existing $DATA tokens to Sui one-to-one, with holders’ rights and vesting unchanged; Sui’s Walrus and Seal tools could support source-file storage and access controls.

U.S. corn futures rose for a second day as dip-buying and signs of improved demand in major markets supported prices, according to Bloomberg.

Bessent said the GENIUS Act provides a clear foundation for innovation and competition in payment stablecoins. According to Odaily, he made the remarks in a post on X, calling the law a watershed for U.S. finance and saying it further strengthens the country’s position as a global crypto hub.
Bessent compared the act with President Abraham Lincoln’s National Currency Act of 1863, which established a national framework for bank-issued currency. He said the GENIUS Act creates a federal framework for payment stablecoins in the digital age.
Bessent also said the Office of the Comptroller of the Currency’s final rule advances implementation of the act and provides a clear, practical basis for private-sector innovation and competition, as well as U.S. leadership in digital assets.

According to CNBC, IBM reported adjusted third-quarter earnings of $2.95 per share on revenue of $17.10 billion, topping analyst estimates of $2.86 and $16.82 billion, respectively. Shares climbed in extended trading on Wednesday. CEO Arvind Krishna said clients are deploying “Super Intelligence” to transform entire operating models rather than address narrower problems. IBM forecast full-year free cash flow growth of more than $1 billion, up from its July forecast of approximately $1 billion, and maintained its 2026 constant-currency revenue growth outlook of 4% to 5%.

Tesla's chief financial officer raised the company's capital spending guidance for this year to $20 billion. According to ChainCatcher, the update was announced by Tesla's CFO.

According to Jin10, Meta Platforms (META.O) recorded negative free cash flow of $2.12 billion in the third quarter of 2026.