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10/16
05:20
Porsche CEO Michael Leiters discusses new Mission S supercar, China market, and future of EVs
Porsche AG CEO Michael Leiters discussed the company's new Mission S supercar concept, positioned above the 911, in an interview with Bloomberg. He also commented on the state of the China market, the future of electric vehicles, and the German automaker's legacy.
05:10
MSCI Launches Consultation to Reclassify Indonesia Equity Indexes from Emerging to Standalone Market Status
MSCI launched a consultation on proposals to reclassify its Indonesia equity indexes from Emerging Market to Standalone Market status, the provider said in a Thursday statement.
05:04
Bloomberg Crypto: Memecoins' lifecycle is ending earlier than ever, with an ever-narrowing window
05:03
Wall Street is wary of US Treasury Secretary Scott Bessent intervening again to suppress yields, with the Treasury survey on Friday potentially offering key clues.
The U.S. Treasury market is closely watching the Treasury Department's next moves. This Friday, primary dealers will receive the Treasury's routine survey questionnaire, which market participants believe could serve as a weathervane for Treasury Secretary Scott Bessent's policy leanings. Citigroup analysts suggest the questionnaire may hint at a contraction in long-end issuance, with Bessent potentially considering reducing or even canceling 20-year Treasury bond issuance, citing weak demand from pension funds. Vishal Khanduja, Head of Morgan Stanley Investment Management, stated that the Treasury's "Operation Twist" in August already indicated its view that current yield levels are problematic, and the next two refinancing announcements (especially the one in November) will be crucial. The market generally demands that the Treasury restore predictability to its debt issuance policy.
05:02
US Treasury Secretary Scott Bessent: Sanctions on Iran will continue until its "coffers are depleted"; the Treasury Department has announced a new round of sanctions.
US Treasury Secretary Scott Bessent stated that the Treasury Department will continue to impose sanctions on Iran until "the Iranian regime's coffers are depleted." He posted on social media that the Treasury Department will "work relentlessly to sever all remaining financial lifelines sustaining its war machine," emphasizing that "the noose is tightening around Iran's economy, and its so-called allies cannot save it." Previously, the US Treasury Department had announced new Iran-related sanctions against 16 individuals and 10 entities.
05:00
Anthropic's IPO Valuation Expectations Drop to $1.5 Trillion Amid Growth Concerns
Anthropic's anticipated IPO valuation has reportedly fallen to $1.5 trillion, a 25% decrease from earlier expectations of $2 trillion. The AI company reported $16.8 billion in Q3 revenue, marking a 45% quarter-over-quarter increase, though this growth sharply decelerated compared to Q2 when revenue more than doubled. Anthropic also achieved adjusted profitability for the quarter. The revised valuation reflects investor concerns over slowing revenue growth and rising AI infrastructure costs, which could impact one of the most highly anticipated IPOs.
04:54
Saylor reacts to AI money study, reiterates Bitcoin as ideal savings tool
Strategy executive chairman Michael Saylor responded to the latest "Money for AI" study, stating that "Smart money saves in Bitcoin." The study, which tested 13 new AI models across four financial activities, found that AI models notably prefer Bitcoin for long-term wealth preservation (79.1%) and stablecoins for payments (53.2%).
04:48
U.S. commercial crude oil inventories fell more than expected, with distillate stockpiles also decreasing while gasoline inventories unexpectedly rose.
U.S. commercial crude oil inventories decreased by 8.6 million barrels to 415.6 million barrels in the week ending October 9, far exceeding the market's consensus expectation of a 288,000-barrel reduction, data from the U.S. Energy Information Administration (EIA) showed on Thursday. The sharp decline in crude oil inventories was mainly due to a plunge in production in the Gulf of Mexico caused by a hurricane. Meanwhile, gasoline inventories unexpectedly increased by 3.5 million barrels, while distillate fuel inventories decreased by 2.5 million barrels, a larger-than-expected drop, highlighting tighter supply.
04:45
Musk tweeted asking how to check if United Airlines flights are equipped with Starlink ultra-high-speed WiFi.
Musk tweeted asking how to check if United Airlines flights are equipped with Starlink's ultra-high-speed WiFi service.
04:43
Iranian Army Commander Hatami: No enemy vessels have entered the Strait of Hormuz and Omani waters.
No enemy vessel can enter the Sea of Oman and the Strait of Hormuz under the surveillance of the army and the Islamic Revolutionary Guard Corps, Iranian army commander Amir Hatami said, according to Iran's state broadcaster IRIB.
04:39
Grayscale Research: Bitcoin's Volatility Now Within S&P 500 Range
According to research from crypto asset manager Grayscale, Bitcoin's realized volatility has fallen within the distribution of S&P 500 constituents. Over the past year, its volatility declined to 43%, down from a 10-year average of 64% and 81% five years ago. It is now lower than that of 19% of S&P 500 stocks.
04:38
Musk reposted a tweet, stating that the X platform is piloting the "Video Kickstart Bonus" program to reward video creators.
Musk reposted a tweet from X's Head of Content, Allegra Jacchia, announcing that X is piloting an invitation-only program called "Video Kickstart Bonus" to reward creators for publishing video content on the platform. The program requires videos to be vertical, under 3 minutes, original, and watermark-free. Creators must publish at least 15 videos within 30 days, and the application deadline is October 30.
04:37
Nasdaq experienced a network outage on Thursday, causing a disruption in U.S. stock data feeds for several hours, though trading remained unaffected.
Nasdaq experienced a network outage on Thursday, causing intermittent missing data feeds across all its U.S. equity markets, which was resolved hours later. The outage occurred around 11:27 a.m. ET, affecting Nasdaq, Nasdaq Texas, and Nasdaq PSX exchanges, with the root cause traced to a data center facility in Carteret, New Jersey. Nasdaq advised clients to switch to a backup data feed in Chicago and announced that data feeds had returned to normal by 2:25 p.m. ET. A company spokesperson confirmed that trading was unaffected, and Nasdaq Inc.'s stock price rose 1.5% on the day.
04:37
Elon Musk reposts a tweet, commenting that China’s dependency on oil is dropping fast
04:36
Dollar Posts Worst Day in Over a Month on AI Risk Concerns, Erasing Gains From Hotter-Than-Expected Inflation Data
The dollar fell the most in more than a month, erasing gains fueled by hotter-than-expected inflation data.
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."

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