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10/16
03:35
Nikkei Asia reports that Russia and North Korea are establishing a lasting military and economic relationship, aiming to extend beyond the war in Ukraine. Late last month, Russia's new ambassador to North Korea paid tribute at two monuments in Pyongyang, symbolizing nearly eight decades of shared history between the two countries.
03:32
Slovakia connected a new nuclear reactor to its electricity grid, cementing the country’s position as a power exporter in Central Europe.
03:22
Coinbase officially announced that the inaugural "Coinbase Champions" live trading competition has concluded, with a $150,000 prize pool contested by top traders from Crypto Twitter (CT). Coinbase CEO Brian Armstrong retweeted the announcement, calling the event "cool" and stating that more similar events would be held in the future.
03:19
AI model maker Anthropic announced it will grant six researchers from the nonprofit METR employee-level access to independently evaluate its AI models, safety practices, and risk management. Anthropic has waived its right to block METR from publishing evaluation results, but can request edits for predefined categories such as customer data, attorney-client privileged information, or model architecture details. Anthropic likened the arrangement to bank regulators embedding examiners within large banks. This move fulfills a promise made by Anthropic CEO Dario Amodei in September to slow down AI development through embedded external evaluators.
03:17
Saudi Deputy Foreign Minister Rayed Krimly stated that the Houthi group rejected a meeting with Saudi Arabia in Oman. Saudi Arabia sought this meeting to resolve differences and end the escalation of regional conflict. Krimly noted that Saudi Arabia maintains direct communication channels with the Houthis, with Oman acting as a coordinator rather than a mediator in the process. He also emphasized that Saudi Arabia has not requested any mediation from Iran.
03:03
Lebanese President Joseph Aoun has asked US Senator Marco Rubio to pressure Israel to halt attacks in southern Lebanon, including ceasing bulldozing operations to allow local farmers to access their fields. The two also discussed the Lebanese army carrying out its duties related to the framework agreement between Lebanon and Israel signed in June. Despite the agreement, Israel continues to occupy parts of the country’s southern region.
03:00
Three Canadian Armed Forces soldiers are among seven suspects facing a total of 82 criminal charges in connection with a violent cryptocurrency-related kidnapping in Toronto. On July 25, a cryptocurrency exchange owner was allegedly kidnapped at gunpoint in North York. The suspects reportedly handcuffed and beat the victim, attempting to access his crypto assets. The victim was later freed and warned not to contact police, though it remains unclear if any crypto was stolen. The soldiers, identified as Talarambage Fernando (22), James Moreau (29), and Jack Miley (24), were arrested between August 11 and September 24. They face charges including kidnapping for ransom with a firearm and forcible confinement.
02:48
Ethiopian forces and their allies said they have expanded control over the Tigray region and entered the historic city of Axum. The pro-government militia "Tigray Peace Force" claimed on Thursday that Eritrean forces suffered significant casualties in the fighting and have retreated to the border, but Eritrean Information Minister Yemane Gebremeskel dismissed these claims. U.S. Secretary of State Rubio spoke with Ethiopian Prime Minister Abiy on Wednesday, calling for de-escalation, stating that the region cannot afford more conflict.
02:47
Saudi Aramco CEO Amin Nasser stated that the company has enhanced its ability to simultaneously respond to multiple attacks, with a response speed six times faster than the industry average. Nasser said Aramco has established specialized response teams, expanded emergency reserves, and deployed drones to assess damages. He also revealed that the company is considering alternative shipping routes to the Strait of Hormuz, the Bab el-Mandeb Strait, and the Suez Canal.
02:47
Yoshinoya Holdings, a Japanese restaurant operator, has blocked overseas access to its computer systems and is reviewing cybersecurity procedures in response to a growing number of data breaches in Japan. This follows the leakage of personal information of former Yoshinoya employee providers in August and September.
02:37
A new Chainalysis report reveals that the U.S. became a net importer of Bitcoin in 2026 for the first time since 2022, indicating a strong accumulation trend. Simultaneously, the U.S. is exporting dollar-pegged stablecoins worldwide, which are increasingly adopted as a currency of choice for peer-to-peer and cross-border economies. The report highlights that institutions are primarily buying Bitcoin, while retail investors largely sell. Since the launch of spot Bitcoin ETFs in January 2024, America's share of global Bitcoin activity has consistently risen, even as the overall U.S. crypto economy, valued at $2.78 trillion, contracted by 2.2% in a bear market. The report also notes that stablecoins have generated billions in economic activity, benefiting U.S. companies and the government, with the 2025 GENIUS Act (signed by President Trump) allowing banks to issue stablecoins backed by U.S. Treasuries.
02:36
United Nations Development Programme Administrator Alexander De Croo stated on Thursday that developing countries are projected to face a shortfall of 800 million jobs over the next decade. He added that a shift from foreign aid to private-sector investment could help create employment.
02:21
Tesla plans to showcase its long-delayed next-generation Roadster electric sports car at SpaceX's test facility in Texas on Thursday (October 15, ET). The concept for this model was first unveiled by Musk in 2017, but Tesla has since missed all scheduled delivery dates. The event is expected to reveal specific pricing, details, and production targets, but the model is anticipated to be a high-end, low-volume production vehicle, unlikely to have a substantial impact on the company's financials.
02:21
Wall Street was clearly pleased with what it heard on BNY Mellon's (BNY) earnings call, pushing the stock up over 3% on the day from flat.
02:18
BlackRock CEO Larry Fink stated on Wednesday, following the company's Q3 earnings, that AI infrastructure spending has become so crucial to economic growth that any halt in data center construction could plunge the U.S. into a recession. Fink dismissed local opposition to data centers as "misinformation," emphasizing their role in creating construction jobs and driving energy infrastructure demand. His comments come as data centers face increasing scrutiny over electricity and water consumption ahead of the November 3 midterm elections, with some localities already imposing moratoriums.
02:17
On Thursday ET, Meta released Muse Spark Open, which it claims is "the most capable open-weight model in the US to date." The model boasts 816 billion parameters, supports a 1 million token context window, and specializes in programming and agent tasks. Meta also announced a collaboration with Apple, enabling the model to run on two Mac Studio devices equipped with M5 Ultra chips. Alexandr Wang, head of Meta AI, stated that the company will keep the more powerful Muse Wonder series closed-source, seeking a balance between an open developer ecosystem and AI commercialization. He believes open models are crucial for the US to maintain its advantage in AI competition.
02:09
A Hyperliquid wallet tracked by Lookonchain as belonging to Machi had 1,650 ETH force-liquidated on Oct. 15, resulting in approximately $269,225 in realized trading losses. About seven minutes after the liquidation, the wallet began reopening a long position, holding a new 2,500 ETH long by 1:16 p.m. BST.
02:03
CNBC reports that with the equal-weight S&P 500 strategy underperforming in 2026 and tech stocks appearing shaky, analysts are offering advice on managing S&P 500 risk. Todd Rosenbluth, head of research & editorial at TMX VettaFi, recommends combining market-cap weighted and equal-weight ETFs in a portfolio. Todd Sohn, chief ETF strategist at Baird Strategas, suggests diversifying with "low Tech, low correlation" alternatives, including actively managed SMID-cap funds, natural resources, energy sectors, and high-quality, short-duration investment-grade fixed income. The equal-weight S&P 500 has consistently lagged its market-cap weighted counterpart for almost four years, with September seeing a more than 4% drop for the equal-weight index.
02:02
Elon Musk posted that SpaceX and NVIDIA are collaborating on the "Star Mind" computer, which is performing far better than expected and will achieve mass production next year. Musk praised NVIDIA CEO Jensen Huang and expressed great satisfaction working with NVIDIA's engineering team. Huang had previously stated that he enjoys working with Musk and that their engineering teams are designing a new type of server aimed at deploying data centers in space.
01:58
Comex gold futures settled at $4147.70, snapping a three-session losing streak. Silver also rose 2.3%.
01:53
AI infrastructure provider CoreWeave's stock has plummeted over 46% since joining the Nasdaq 100 index on June 22, with its market capitalization shedding $18 billion. During this period, company insiders have sold approximately $740 million worth of shares. CEO Mike Intrator alone sold about $85 million in stock between September 15 and September 30. Other executives, including CFO Nitin Agrawal, CRO Jonathan Jones, General Counsel Kristen McVeety, and Co-founder Brannin McBee, also made significant sales. The company's cost to borrow on its 2032 bonds has skyrocketed to 15% annually, and credit default swaps imply roughly a 63% chance of default within five years. As of the end of June, CoreWeave had approximately $52 billion in combined debt and lease obligations, with co-founder Brannin McBee indicating the company is seeking to borrow even more money.
01:49
The US has imposed new sanctions on Iranian entities, targeting 16 individuals and 10 entities, according to an update from Al Jazeera's live broadcast and a notice on the US Treasury Department website. Al Jazeera's analysis indicates that as the US-Iran standoff continues and the Strait of Hormuz is almost closed, the US has intensified sanctions against Tehran, exacerbating Iran's economic crisis.
01:49
With the support of the World Health Organization (WHO), UNICEF, and the United Nations Population Fund (UNFPA), Nasser Hospital in the Gaza Strip has launched a pilot project for kangaroo mother care (KMC). The project aims to help premature and low-birth-weight infants grow healthily through skin-to-skin contact and breastfeeding. WHO data shows that KMC can reduce neonatal mortality by 32% and mortality within six months by 25%.

The project comes as the healthcare system in the Gaza Strip faces severe challenges due to the war, with a significant reduction in the number of neonatal intensive care units and incubators, putting premature and low-birth-weight infants at serious risk.

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