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10/10
00:55
Turkey’s state-run lenders Ziraat Bankasi and Halkbank have applied for regulatory approval to transfer their Islamic banking units to TVF Katılım Finans Yatırımları AS, a subsidiary of the Turkey Wealth Fund, according to public filings.
00:54
Amazon announced it will stop using non-disclosure agreements (NDAs) when negotiating data center deals with local governments, following a similar move by Microsoft earlier this year. This decision comes after NDAs sparked community backlash against AI infrastructure, leading to hundreds of proposals, some already implemented, to pause AI infrastructure development in locations from New York to San Francisco.
00:52
The Dutch government proposed a legal change to crack down more effectively on Russia’s shadow fleet, prompting the Russian embassy to threaten its own retaliation.
00:50
The Bureau of Ocean Energy Management reported that 71.5% of the average daily oil production and 58.8% of natural gas production in the U.S. Gulf of Mexico were shut down due to severe weather. Personnel have been evacuated from 129 offshore production platforms, which account for nearly 35% of manned facilities. This large-scale shutdown highlights a significant disruption to U.S. energy supply.
00:46
CNBC host Jim Cramer says investors who don't own Apple stock should use Friday's weakness to build a position, despite the latest iPhone 18 report.
00:44
Starknet announced it is "actively considering" becoming its own Layer 1 blockchain and plans to be the first fully quantum-resistant network by 2027. Following this news, the STRK token rose by approximately 20% in the past 24 hours, trading at around $0.073. StarkWare CEO Eli Ben-Sasson stated on X that the quantum threat might be closer than we think, noting that Starknet, as an L2, relies on Ethereum's security, and Ethereum aims to achieve core post-quantum infrastructure around 2029. Becoming an L1 would allow Starknet to control its own security upgrades without having to wait for progress from Ethereum or Bitcoin.
00:44
Dr. Sherry Turkle, a professor at MIT, states in her new book, *Artificial Intimacy*, that when humans interact with AI, even in the most rudimentary exchanges, they come to believe the AI cares about them and tend to reciprocate that care. Dr. Pat Pataranutaporn, another MIT researcher, also noted that one study found approximately 70% of people exhibit politeness when interacting with AI. The article points out that this tendency towards anthropomorphism could lead people to overtrust AI, and in extreme cases, such as a lawsuit involving AI encouraging suicide, result in serious consequences.
00:43
Latvian Interior Minister Janis Dombrava stated on Tuesday that on Monday, masked armed individuals from the Belarusian side assisted 20 undocumented migrants in attempting to cross the border into Latvia and threatened Latvian soldiers. Dombrava said that the masked individuals then entered Latvia, damaged electrical boxes, stole surveillance cameras, and returned to Belarus, which Latvian officials believe was sabotage orchestrated by Belarus. Experts warn that Belarus has been using migrants as a tool since 2021 to destabilize NATO's eastern flank. In September and October of this year, there have been 12,000 border violations at the Latvian border, matching the total number for all of last year.
00:38
Coinbase CEO Brian Armstrong announced on social media that Coinbase Advanced now supports keyboard shortcuts. He noted that this feature was deployed using the company's new AI development tools, aiming to provide "quality of life" updates for active traders and potentially assist in future trading competitions. Users can press the "?" key to view the shortcut cheat sheet.
00:29
SpaceX announced on Thursday a nationwide spectrum acquisition agreement aimed at deepening its penetration into the telecommunications market via its Starlink service, a move that triggered a broad decline in U.S. telecom stocks on Friday. Verizon's shares fell approximately 7%, marking their worst single-day performance since 2002; T-Mobile's stock dropped 12%; and AT&T's shares declined about 10%. SpaceX's stock, meanwhile, saw a modest gain of about 1%. FCC Chairman Brendan Carr stated that competition in the spectrum market is "very good news" for American consumers.
00:28
Elon Musk reposted a tweet showing that SpaceX donated nearly $500,000 to a Texas school district for the purchase of three new school buses.
00:27
The asset-backed commercial paper (ABCP) market is experiencing a resurgence as banks increasingly utilize this short-term funding mechanism to conduct more business while alleviating pressure on their balance sheets. ABCP was previously implicated in amplifying the 2008 financial crisis.
00:27
Telegram has reportedly launched Money Wallet, supporting Gram token transfers and collectible trading. The feature will appear in the "Money" section after a transfer is received. Money Wallet is an extension of Walt, a standalone service previously known as Wallet.
00:27
The proposal for Stage 2 includes a pro-rata claim on recovered funds, half of Ostium's opening fees, and an optional equity allocation priced at the company's next funding round. The specific percentages are yet to be determined, and affected holders have until October 30 to make their election.
00:24
The U.S. Department of Agriculture (USDA) raised its outlook for U.S. corn production and yield, contrary to most analysts' expectations for a reduction. Following this, corn prices fell by as much as 4.8%.
00:20
Chevron evacuated most personnel in the Gulf of Mexico due to Hurricane Isaias. The company shut in production at 5 facilities, while safely continuing production at 4 platforms.
00:17
French private school operator Omnes Education is seeking to refinance approximately €700 million ($785 million) in debt, a person familiar with the matter said, as the country faces its worst student protests in years.
00:13
Bloomberg Markets reported that ship tracking data shows the fleet of Very Large Crude Carriers (VLCCs) en route to China has reached its largest size since the Iran War, signaling an increase in China's oil imports in early January.
00:08
Analysts' expectations compiled by Bloomberg show that the five largest U.S. banks on Wall Street are collectively projected to generate nearly $19 billion in equity trading revenue in the third quarter, with Goldman Sachs leading at $5.1 billion. In contrast, fixed income trading is facing pressure, with revenue expected to fall to its lowest level this year, below the over $21 billion recorded in the second quarter. The M&A market is also showing signs of cooling.

Analysts noted that almost all banks were winners in the first half of the year, but the performance gap between banks is expected to widen further this quarter. Additionally, market concerns that AI-driven cash optimization tools could accelerate deposit outflows and further drag down bank stock performance exist, though some analysts believe these concerns are overblown. Goldman Sachs is set to be the first to report earnings next Tuesday.
00:03
Tech giants like OpenAI, Google, and Meta are vying for AI-related internet domain names, while crypto companies are also seeking digital naming rights. The Internet Corporation for Assigned Names and Numbers (ICANN) announced 1,615 new generic top-level domain (gTLD) applications on October 7, with .agent being highly contested with 13 applicants. OpenAI submitted 15 extension applications, including .agent, .agi, and .gpt; Google and Meta also applied for multiple AI-related domains. Simultaneously, crypto companies are actively participating, with .bit having 11 applications, .crypto 5, .wallet and .dao 4 each, and .bitcoin, .btc, and .nft 2 each. The Cardano Foundation and Frax Finance have also submitted applications, aiming to connect blockchain names with the global internet domain system.
10/9
23:53
Finance Minister Satsuki Katayama said Friday that efforts have not gone far enough, and the government will quicken the pace of its initiative modeled on the Trump administration's Department of Government Efficiency (DOGE), potentially putting subsidies and other programs under scrutiny.
23:52
Binance's Ethereum reserves have dropped to their lowest level in six months, with over 100,000 ETH (from 3.57 million to 3.47 million ETH) withdrawn from the exchange within just three days. This trend occurs as Ethereum's price faces a sharp correction, dropping from over $2,700 to $2,400. Analysts suggest that traders might be buying the dip, as a decrease in exchange reserves typically indicates increased withdrawals and can signal a bullish outlook when demand returns.
23:48
Lookonchain reported that a trader, who had accumulated 80 BTC (worth $5.2 million) four months ago at around $65,000 and was sitting on a $1.38 million profit, lost all assets. The loss occurred after the trader purchased a Ledger device from reseller CryptoBillis about a week ago and deposited all 80 BTC into it.
23:46
Al Jazeera reported that the Palestinian Colonization and Wall Resistance Commission recorded at least 19 settler attacks on Friday, including assaults on olive harvesters, burning and uprooting olive trees, and theft of crops and livestock. Concurrently, the Israeli army detained 16 Palestinians in various locations across the West Bank.

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