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10/6
19:07
Shell's CEO stated that oil flows in the Middle East have reached approximately 80% of pre-conflict levels, one of the most authoritative assessments to date on the recovery of exports from the region.
19:06
The surge in personal AI agents like Meta's Muse is driving AI momentum towards CPUs, benefiting AMD and Intel. Over the past month, AMD and Intel's stock prices have risen by 32% and 21% respectively, outperforming large-cap tech stocks. AMD's data center revenue doubled to $6.7 billion in the quarter ending June, and it has entered the trillion-dollar market capitalization club. Analysts project the CPU market could reach $220 billion by 2030.
18:59
Saudi Arabia's Civil Aviation Authority stated on Tuesday that three people sustained minor injuries and material damage occurred following Houthi attacks on King Abdullah bin Abdulaziz airport in Jazan and Najran airport on Monday evening. The attacks come amid escalating fighting in Yemen, where government forces, backed by Saudi Arabia, are battling the Houthis. The Saudi-led coalition also announced on Tuesday that it destroyed a ballistic missile launch platform in Sanaa and a storage facility with 20 ballistic missiles in Saada.
18:53
Norway's $2.3 trillion sovereign wealth fund still holds shares in three Turkish companies this year, after regulators found the stocks were manipulated in 2025.
18:53
Bulgarian officials stated that a merchant ship sank and its crew went missing following a drone attack in the Black Sea. A second grain-carrying vessel was also hit within Bulgaria's exclusive economic zone, but its 18 crew members were rescued. Prime Minister Rumen Radev condemned the strikes as "a flagrant violation of maritime law" and "absolutely unacceptable" within their economic zone. The attacks occurred around 03:00 local time, some 70 miles off Byala. The sunken ship was flying under the flag of Togo. Separately, an attack near Odesa on Tuesday killed one crew member and injured seven on a Marshall Islands-flagged ship. It is unclear who is behind the attacks, which come as Russia intensifies strikes in the Black Sea as part of its war against Ukraine.
18:40
XRP Ledger payment volume surged 386% in the latest 24-hour period, reaching approximately 583.3 million XRP. This rebound suggests network activity is recovering rapidly from an unusually low base, though the current figure remains slightly below the 30-day average of roughly 638 million XRP.
18:39
The Federal Reserve's latest meeting minutes are set to be released on Wednesday, with the market focusing on their guidance for the future policy path.
18:39
FxPro states that if Bitcoin falls below the $84,000 mark, control will shift to the bears, potentially leading to a rapid decline to $80,000. The firm noted that Bitcoin briefly fell to $85,200 before the European trading session and remains near the top of its trading range for the past two weeks, but the trend of higher lows that began early last week is now under threat.
18:38
U.S. District Judge Percy Anderson sentenced 26-year-old Adam Iza, who called himself "the Crypto Godfather," to 78 months in prison for crimes including hiring Los Angeles County Sheriff's deputies to harass people with whom he had disputes, stealing over $37 million from Meta, and using a crypto custodian to evade taxes. Iza was also ordered to pay $23,402,766 in restitution. However, this new sentence will run concurrently with the 15-year sentence he received last month for attempted Bitcoin robbery, meaning it will not add to his actual time served. Iza pleaded guilty in January 2025 to conspiracy to violate rights, wire fraud, and tax evasion, and has been detained since September 2024. He concealed his criminal proceeds by hiding his ownership of the crypto trading platform Zort and transferring company revenue to a crypto custodian.
18:35
Malaysia's Top Glove on Tuesday reported a near tripling of its annual net profit as stronger demand for rubber gloves helped it pass rising material costs on to customers.
18:34
The bank aims to fill the void left by the collapse of Silicon Valley Bank, serving the technology sector.
18:34
Bitway's native token, BTW, has surged 25% in the past 24 hours and 170% in the past 30 days, outperforming Bitcoin, which has been consolidating around $85,000.
18:29
France’s far-right presidential frontrunner Marine Le Pen has pledged to cap public borrowing at 60% of GDP and reduce the budget deficit, despite decades of failed attempts by previous governments to achieve similar fiscal targets.
18:29
Morgan Stanley, in its latest research report, stated that the AI memory shortage is the most persistent structural constraint in the current AI build cycle, a point also emphasized by NVIDIA CEO Jensen Huang, who stressed the need for the industry to adopt new thinking. The report proposes three main solutions: lowering memory specifications (e.g., NVIDIA's Rubin platform HBM reduced from 288GB to 192GB), disaggregating inference workloads (configuring dedicated hardware for different inference stages), and enabling memory pooling and sharing through CXL technology. The firm raised its CXL total addressable market forecast from $4 billion to approximately $6 billion by 2030, primarily driven by new deployment scenarios on the AI server side. Morgan Stanley identified Astera Labs (ALAB) and Marvell (MRVL) as potential beneficiaries in the CXL and scaling directions, and Cerebras (CBRS) as a core beneficiary of the inference workload separation architecture. Concurrently, it maintained an Overweight rating on Micron (MU) and SanDisk (SNDK), believing the memory shortage cycle is far from over.
18:27
US bond yields fell from their highest levels since 2002 as oil prices retreated below $100 a barrel. Treasury Secretary Scott Bessent insisted the government’s debt load can be tamed.
18:23
Hong Kong officials reiterated plans to establish a digital asset licensing regime by the end of 2026, covering four categories: digital asset trading, custody, advisory, and management services.
18:12
Julius Baer expects the Fed to deliver one final 25bp rate hike in December, followed by an extended pause. The bank points to a cooling U.S. labor market and sharply tighter financial conditions, driven more by rising long-term Treasury yields and a stronger dollar than by higher short-term rates. December is now seen as the most likely window for the final hike.
18:12
Goldman Sachs reiterated its "Neutral" rating and $360 price target for Tesla, believing that its AI narrative (including Robotaxi, FSD, and humanoid robots) will be more important to Tesla's stock performance than the third-quarter earnings report itself. The bank expects an increase in Model Y L production to improve automotive revenue, but higher costs and capital expenditures may limit earnings per share growth in 2026.
18:11
Ray Dalio warns that US Treasuries are vulnerable to weakening demand from China and Japan, the two largest foreign creditors of the United States. China's holdings have fallen from $1.3 trillion in 2013 to approximately $618 billion, while Japan holds about $1.1 trillion. Dalio stated that with the 10-year US Treasury yield hovering around 5.3%, reduced foreign demand could intensify US borrowing pressure.
18:07
Davidson Kempner Capital Management has agreed to sell ECS, one of Portugal’s leading alternative asset and private investment managers, to Draycott.

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