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10/6
22:04
Google DeepMind Chief AI Readiness Officer Lila Ibrahim emphasizes the importance of global preparedness for the accelerating changes brought by AI. She believes the benefits of AI will ultimately outweigh its risks and focuses on helping workers, schools, and communities understand and adapt to the technology. Ibrahim advises individuals to start using AI themselves and advocates for integrating AI learning into schools early.
22:01
Pinterest on Tuesday unveiled "Beauty Guides," a new feature powered by the company's Pinterest Intelligence visual intelligence and generative AI technology. It transforms users' saved hair and nail inspiration Pins into salon professional terminology, providing estimated costs, appointment durations, and maintenance requirements to help users better communicate with stylists.
21:50
The Wall Street blue-chip index reached a fresh peak, though its rally is increasingly reliant on a handful of tech stocks.
21:50
S&P 500 rises nearly 0.5% to ~7,810, on track for 28th record close this year; Nasdaq set for second consecutive record close.
21:47
Vitol CEO Russell Hardy stated that the Middle East has reshaped its oil trade through alternative routes and shuttle operations, with crude and refined product flows recovering to approximately 14 million barrels per day. However, he warned that Western inventory buffers are largely depleted, and without these flows, oil prices could face a $200 per barrel scenario. The crisis has shifted from crude oil to refined products, and now to shipping, due to insufficient vessels and almost nightly attacks on ships attempting to transit the Strait of Hormuz.
21:36
Real Vision founder Raoul Pal says capital is starting to rotate back to crypto from AI, citing a pause in the AI stock rally. He also believes AI agents are likely to boost Ethereum and Solana adoption.
21:33
Wall Street profits surged 51% year-over-year to $45.9 billion in the first half of 2026, according to New York State Comptroller Thomas DiNapoli. This figure already surpasses New York City’s $45.3 billion forecast for the entire year. If the current pace continues, annual profits could exceed $90 billion, fueled by AI spending, stronger M&A activity, and elevated trading volumes.
21:33
Jean-Luc Mélenchon, a far-left presidential candidate in France, has accused Emmanuel Moulin, the head of France's central bank, of an “act of treason.” This accusation comes a day after Moulin warned that France risked being "strangled by interest rates" if it failed to address its public finances. Mélenchon stated, “The statute of limitations will not have expired by 2027; he will be prosecuted for this. I am fed up with these so-called elites who raise the alarm about a disaster they themselves want to create in order to sway the people.”
21:29
Binance has released its latest Proof of Reserves data based on a snapshot taken on October 1. The data shows that user Bitcoin (BTC) holdings were approximately 688,600 BTC, an increase of 0.91% from September 1, adding 6,217 BTC. During the same period, user Ethereum (ETH) holdings decreased by 4.61% to approximately 3.799 million ETH, a reduction of about 183,600 ETH; user USDT holdings decreased by 0.87% to approximately 32.03 billion USDT, a reduction of about 280 million USDT; and user BNB holdings decreased by 0.77% to approximately 43.04 million BNB, a reduction of about 334,200 BNB.
21:25
According to Nick Timiraos, Federal Reserve Chairman Kevin Warsh wants investors to focus on the economy rather than the Fed's signals. However, two of his deputies intervened last week, causing the probability of an October rate hike to fall from approximately 70% to 25%, despite no major new data being released. This highlights the difficulty in weaning markets off Fed signals.
21:23
WRIGHT stated that crude oil prices are falling, but the Strait of Hormuz remains a conflict zone, keeping crude oil prices near $100. He believes that diesel prices peaked several weeks ago.
21:21
Bloomberg Markets reports that after decades of budget deficits and continuously rising debt, markets are re-evaluating France's risk and setting new risk premiums for its government bonds and other assets.
21:18
Paramount has completed its $111 billion acquisition of Warner Bros., with the new group to be named Skydance. Large-scale layoffs are expected to achieve the merged group's $6 billion cost-saving target.
21:17
Kerry Properties has secured a residential land plot in Ho Man Tin for HK$4.31 billion (US$549 million). This marks the highest price paid for a residential site in Kowloon in nearly five years, with the bid coming in 38% above the top market estimate. The site on Fat Kwong Street sold at HK$20,738 per square foot of gross floor area, signalling developers' confidence in demand for luxury homes.
21:16
Grayscale Investments is restructuring its Grayscale XRP Trust (GXRP), adding Anchorage Digital Bank as an additional custodian to diversify risk, with Coinbase remaining its primary custodian. The main new feature of this restructuring is the introduction of an in-kind share creation and redemption mechanism, allowing authorized participants to now transfer actual XRP rather than cash into the fund. This will help align the fund's share price with its net asset value (NAV) and increase institutional liquidity.
21:16
U.S. Commodity Futures Trading Commission (CFTC) officials have now officially classified XRP as a digital commodity, alongside Bitcoin and Ethereum.
21:16
Armada Acquisition Corp. II shareholders have approved the merger with Evernorth Holdings, paving the way for Evernorth shares to be listed on Nasdaq under the ticker symbol XRPN on October 8. The company will become the first publicly traded company to directly hold hundreds of millions of XRP, with 473 million XRP and $300 million in cash on its balance sheet. Institutions such as Ripple, Pantera Capital, Kraken, SBI Group, and GSR are investors in Evernorth. According to Armada's Form 8-K filing with the SEC, the warrant exercise price is set at $11.50 per share.
21:12
Arbitrum has adopted Paxos' USDG as its ecosystem dollar, which is now live on Arbitrum One with support from Fluid, Morpho, GMX, Maple, and Kraken. Concurrently, a proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that currently has approximately 63.7 million ARB unspent.
21:11
Ford Motor Co. shares have fallen sharply as enthusiasm around its earlier rally fades and a tougher economic backdrop weighs on the auto industry. Analyst price targets, however, remain elevated on hopes that earnings will continue to improve.
21:11
Fortitude has secured priority access to BITMAIN’s next-generation Zcash miners as it expands its Zcash mining capacity and increases financing from DCG.

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