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10/16
04:31
US stocks gain as Treasury yields retreat, despite inflation and tech volatility
US stocks rose as Treasury yields gave back some recent gains, despite tech sector volatility and a hot wholesale inflation reading.
04:21
Google Achieves Quantum Computing Breakthrough: Error Rate Reduced 40-fold, T-state Logical Fidelity Reaches Record 99.99%
Google's Quantum AI team has made key advancements in quantum computing, with their research published in Science on Thursday. The team validated "magic state distillation" on the Willow processor, reducing quantum error rates by approximately 40 times and achieving a T-state logical fidelity of 99.99%, setting a new record in the field. Magic state production has long been considered a core bottleneck for scaling quantum computing. This breakthrough is expected to significantly cut the hardware costs required to build practical fault-tolerant quantum systems, holding significant implications for the commercialization path of quantum computing. Google's stock price rose by 0.24% on Thursday.
04:20
"Fed Whisperer" Nick Timiraos projects September core PCE at ~0.34%, highest since January, pushing 12-month change to 3.1% and 3-month annualized rate to 2.9%.
04:19
US Central Command dismisses three Iranian claims regarding Strait of Hormuz, ship sinking, and Jordan attack
The US Central Command (CENTCOM) has dismissed three Iranian claims made in the past 24 hours. CENTCOM stated that the US and regional partners continue to control the Strait of Hormuz, refuting the Iranian Islamic Revolutionary Guard Corps' (IRGC) claim of authority. Regarding a Singapore-flagged container ship, CENTCOM countered the IRGC's assertion that it sank after hitting a naval mine, stating instead that the civilian vessel was hit by an Iranian projectile and sank while being towed to shore. Additionally, CENTCOM dismissed claims that the IRGC killed hundreds of US service members in Jordan, clarifying that three American service members were killed in action in July as partner forces defended against Iranian attacks.
04:17
Yemen's Marib province media office: Houthis attacked residential areas in Marib city using 16 ballistic missiles and other weapons.
The media office of Yemen's Marib province stated that Houthi forces launched a "fierce bombardment" on several residential areas in Marib city that evening, using 16 ballistic missiles and other projectiles. According to the office, residential areas in Marib city were hit by 9 ballistic missiles and 7 other projectiles. The office warned that the continued targeting of densely populated areas constitutes a "dangerous escalation" and called on the international community to condemn the attacks, take measures to stop actions against civilians, and hold those responsible accountable.
04:13
Mitsui to launch global credit rating service covering tens of millions of overseas firms to help Japanese clients assess risks
04:07
The White House issued a strong criticism of socialism, stating that its agenda could cost $49 trillion over a decade, with each American household bearing $400,000.
The White House released an article sharply criticizing socialism as a "dangerous and deadly ideology," stating that the agenda of American democratic socialists and the radical left—including Medicare for All, open borders, abolishing police and prisons, and the Green New Deal—could cost $49 trillion over a decade, equivalent to $400,000 per American household. The White House claimed this would be financed through massive tax increases, leading to nearly 30% wage cuts, shrinking economic output, soaring inflation, mortgage rates exceeding 12%, and millions of job losses, quoting Donald Trump as saying, "America will never be a socialist country."
04:03
Interactive Brokers Group, Inc. (IBKR) Q3 Earnings: EPS of $0.67 in line with expectations, revenue of $1.91 billion beats expectations.
EPS: $0.67, market expectation $0.67
Revenue: $1.91 billion, market expectation $1.86 billion
Reporting period: Q3 FY2026 (ended 2026-09-30)
Release date: 2026-10-15
04:03
84 million XRP flowed into exchange wallets from Oct. 12-15 as price slipped
Publicly attributed exchange wallets added 83.94 million XRP between Oct. 12 and Oct. 15, bringing the total tracked holdings to 22.06 billion XRP. This 0.38% increase occurred while XRP's price approached $1.30. Binance-attributed wallets accounted for the largest portion of the weekly net increase, adding 54.61 million XRP, followed by Upbit, Kraken, Coinbase, and Bithumb. However, some exchanges like Bybit, SBI VC Trade, and Bitfinex saw declines in their tracked XRP holdings.
04:03
Samsung remains top brand in Asia for third consecutive year, according to Nikkei Research poll
03:57
CNBC reporter Brian Sullivan analyzed that the "actual" price of physical crude oil could be $30-40 higher than current levels due to soaring tanker freight rates.
CNBC reporter Brian Sullivan analyzed that the "actual" price of physical crude oil could be $30-40 higher than current prices due to soaring tanker freight rates. He stated that chartering a Very Large Crude Carrier (VLCC) from the US Gulf Coast to China costs as much as $76 million, which translates to an increase of approximately $38 per barrel in crude oil transportation costs, 10 times higher than less than a year ago.
03:57
Yemeni Government Says Houthi Attack on Aden Presidential Palace Is Latest Escalation Against Saudi Arabia and Its Yemeni-Backed Forces
Yemen's government stated that Houthi rebels attacked the presidential palace of the internationally recognized government in the country's south. This attack marks an escalation in the latest round of assaults by the Iran-backed Houthis against Saudi Arabia and its allied forces in Yemen.
03:56
Palmer Luckey's Erebor Hires HSBC Executive Gary Stein to Lead Emerging Markets
Erebor, a company owned by Palmer Luckey, is expanding its emerging markets business by hiring HSBC's Gary Stein, according to people familiar with the matter. Stein previously served as Managing Director and Head of Latin America FX Trading at HSBC.
03:56
Amazon's head of devices, Panos Panay, stated that future ambient AI devices will replace the need for applications.
Panos Panay, Amazon's head of devices, stated at the TechCrunch Disrupt conference that he envisions future ambient AI devices operating in the background, proactively anticipating user needs and thereby replacing reliance on applications. Amazon has launched its "Bee" series of AI wearables as its foray into this field.
03:48
Saudi Diplomat Accuses Iran of 'Encouraging' Houthi Escalation
Saudi Deputy Foreign Minister for Public Diplomacy Rayed Krimly accused Iran of "encouraging" recent Houthi escalation, stating that Iran continues to "arm, train and support the Houthi militia in violation of relevant UN Security Council resolutions and its commitments in the Beijing agreement."
03:47
Historian Joseph Moore: 'Classic' money advice is often new and not always effective
Historian Joseph Moore, author of "How to Get Rich in American History," argues that many seemingly "classic" financial principles, including advice on housing, investing, and budgeting, are relatively recent phenomena and not always worthwhile. He notes that housing affordability issues are not historically unique, with past generations addressing them by moving more frequently and sharing homes. Moore also points out that building wealth through compound interest is a newer concept, as historically less than 10% of Americans owned stocks, accumulating wealth primarily through small businesses, careers, and real estate. Furthermore, modern budgeting methods only emerged in the early 20th century, with earlier practices often involving simpler "bucket" systems or what is now called reverse budgeting.
03:46
Wu Blockchain data shows that in September, the total traffic of major crypto exchanges increased by over 11% month-on-month, with Binance ranking first.
Wu Blockchain data shows that in September 2026, the total website traffic of 12 major crypto exchanges increased by 11.41% month-on-month, reaching 150.73 million visits. Among them, 9 exchanges recorded an increase in traffic, while 3 saw a decrease. Binance ranked first with 34.66 million visits (23.0% of the total), followed by OKX with 33.23 million visits (22.0%), and Coinbase with 22.65 million visits (15.0%). These three exchanges collectively accounted for 60.1% of the total traffic. Deribit saw the largest month-on-month increase at 56.6%, followed by OKX (+29.7%) and Bybit (+12.7%), while Crypto.com experienced the largest decrease at -3.1%. South Korea was Binance's largest traffic source, while the United States was the primary traffic source for OKX and Coinbase.
03:40
Circle rose 9.74% today, now trading at $87.300.
03:35
Nikkei Asia: Russia and North Korea Establish Enduring Military-Economic Ties Aimed at Outlasting Ukraine War
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 Connects New Nuclear Reactor, Boosting Power Exports in Central Europe
Slovakia connected a new nuclear reactor to its electricity grid, cementing the country’s position as a power exporter in Central Europe.
03:27
Al Jazeera: Houthi attack on presidential palace in Aden, Yemen, kills 5 and injures 16.
03:22
Coinbase rose 6.03% intraday, now trading at $183.310.
03:22
Coinbase's inaugural "Coinbase Champions" trading competition has concluded, with Armstrong stating that more similar events will be held in the future.
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
Anthropic grants METR researchers employee-level access to independently evaluate its AI models and safety practices.
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 diplomat says Houthis rejected meeting with Saudis in Oman
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.
03:12
Saylor reposts Bitcoin Policy research: AI models choose Bitcoin in 70.8% of savings questions and stablecoins in 73.5% of payment questions.
03:03
Lebanese President Aoun asks US Senator Rubio to press Israel on southern Lebanon aggressions
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 Soldiers Among Seven Suspects Charged in Toronto Crypto Kidnapping
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 Army expands control in Tigray region, Eritrea denies troop losses, US calls for de-escalation.
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 says company has strengthened its ability to respond to attacks and is considering alternative shipping routes.
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.

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