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10/16
20:20
Apple's new iPhone Duo sells out minutes after pre-orders open, with delivery dates slipping to November 16–23
Apple's new iPhone Duo saw its initial pre-order inventory sell out almost immediately, with estimated delivery dates slipping from October 23 to November 16–23. However, the rapid sellout may reflect limited initial production rather than exceptionally strong demand, amid reported manufacturing challenges. Early demand appears strong, but Apple's constrained launch inventory makes the scale of consumer interest difficult to assess.
20:15
Shiba Inu (SHIB) Aims for 'Zero Deletion' as Bulls Defend $3 Billion Market Cap Support
Shiba Inu (SHIB) is targeting a 'zero deletion' scenario, aiming to lift its market capitalization to $7 billion. The token's market cap currently stands at $3.05 billion, with the price around $0.00000516. For growth to resume, SHIB needs to close the current week above its 23-week moving average. The last line of defense is the $0.00000500 mark, which keeps the market cap near the key $3 billion support. In the past 24 hours, investors withdrew 51 billion tokens from exchanges, with 94.6% of all SHIB controlled by just 798 large wallets.
20:11
Bank of America warns AI investment boom shows signs of classic capital-cycle risk, with hyperscaler capex expectations jumping to $1 trillion and AI token prices falling 50% since summer.
Bank of America warns that the AI investment boom is showing signs of a classic capital-cycle risk: surging spending, intensifying competition and falling prices. Hyperscaler capital expenditure expectations have jumped from $330 billion to $1 trillion, equivalent to roughly 3% of U.S. GDP. Meanwhile, AI token prices have fallen around 50% since summer, raising concerns that growing usage may not translate into sufficient revenue. The key risk: AI technology could succeed while investors suffer from overinvestment and declining returns.
20:07
Al Jazeera: Israel is deepening its presence in Cyprus across sectors such as water, natural gas, healthcare, and defense, sparking concerns among locals about a loss of national control.
Al Jazeera reports that Israel is deeply embedded in Cyprus' critical water, gas, healthcare, and defense systems through its state-owned water company Mekorot, Aerospace Industries, and a growing network of hospitals. Israeli investors have poured €5.1 billion into Cyprus, an amount 15 times the size of Israel's economy, and its military spending is 73 times that of Cyprus. While the Cypriot government views this as a security alliance against Turkey, many Cypriots fear their country is ceding control of indispensable systems to another nation.
20:06
China's central bank's gold purchases in September hit a nearly three-year high, marking 23 consecutive months of increases, while household demand also saw significant growth.
The People's Bank of China (PBOC) increased its gold holdings by approximately 23 tons in September, bringing its reported reserves to about 2,410 tons. This marks the largest monthly purchase since October 2023 and the 23rd consecutive month of additions. As of the end of September, gold accounted for 8.5% of China's total official reserves, up from 5.5% at the end of 2024. Analysts suggest this move aims to reduce reliance on dollar-denominated assets and hedge against financial and geopolitical risks. Concurrently, Chinese household demand for gold has also surged due to domestic economic uncertainties, with purchases of gold bars and coins increasing by 28.4% year-on-year in the first half of 2026.
20:05
BOJ Governor Ueda Signals Further Rate Hikes as Inflation Nears Target
Bank of Japan Governor Kazuo Ueda reaffirmed that the BOJ will continue raising interest rates as underlying inflation approaches its 2% target. Ueda added that economic conditions remain broadly in line with forecasts, while global policymakers appear more optimistic about AI-driven demand than previously expected. The timing and pace of future rate hikes will depend on currency movements, AI demand, and Middle East developments.
20:05
Saylor retweeted a Strategy post stating that the company conditionally announced a daily dividend from November 1 to 30, 2026, with an annualized dividend yield of 12.00%, subject to shareholder approval on October 28.
20:04
Senegal Plans to Cut Next Year's Budget Deficit Below IMF Forecast
Senegal plans to cut its budget deficit next year to below the International Monetary Fund's forecast, as it seeks to restructure its debt and secure a new financing program from the IMF.
20:03
Qatar's Prime Minister Sheikh Mohammed stated that Qatar will continue to support Lebanon.
Qatar's Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, stated that his visit to Lebanon today is a sign of Qatar's continued support for the Lebanese Republic. Speaking in Beirut, he said that Qatar stands in solidarity with the Lebanese people during this difficult time, which is significant not only for Lebanon but for the entire region.
20:03
Eutelsat, a French satellite group, saw its shares surge 25% this week amid concerns over SpaceX's Starlink restrictions in Ukraine.
Shares of French satellite group Eutelsat surged 25% this week, including a 16.5% rise on Friday, following criticism over restrictions on SpaceX's Starlink military-grade internet service in Ukraine. Ukrainian President Volodymyr Zelenskyy accused the United States, stating that Starlink's sudden nighttime shutdown hindered Ukrainian drones from intercepting Russian attacks, leading to civilian casualties. SpaceX CEO Musk, in turn, blamed the U.S. government, asserting that the Starshield system is controlled by Washington and President Donald Trump. Deutsche Bank analysts believe this incident highlights the "sovereign value" of European satellite networks, with the market viewing Eutelsat as a "credible Starlink alternative." Ukraine's Deputy Prime Minister stated that U.S. restrictions on Starlink's battlefield use have enabled Russia to intensify its attacks on Ukrainian infrastructure.
20:00
The Progressive Corporation (PGR) Q3 Earnings Report: EPS of $4.66 beats expectations, revenue of $22.3 billion misses expectations.
EPS: $4.66 vs. est. $4.35
Revenue: $22.3B vs. est. $22.61B
Reporting Period: FY2026 Q3 (ended September 30, 2026)
Release Date: October 14, 2026
19:56
Anthropic Co-founder Jack Clark Calls for 'Common Sense Standards' in AI Regulation at IMF-World Bank Meetings
Anthropic Co-founder and Head of Policy Jack Clark stated on Friday at the IMF and World Bank annual meetings in Bangkok that countries producing artificial intelligence need "common sense standards" in regulating the technology. He added that such efforts would instill confidence in AI and help advance the global economy.
19:55
Financial Times: Republicans Turn Against Trump's Tariff Policies Due to Midterm Election Pressure
The Financial Times reported that Donald Trump's trade war has become a liability for Republicans in key midterm elections, prompting Republicans to turn against Trump's tariff policies.
19:55
Deutsche Bank: Gold's Quant Selling Pressure Nears "Absolute Exhaustion," CTA Short Covering Could Ignite Q4 Rally
Deutsche Bank noted in its latest report published on October 15 that the deleveraging of quantitative risk parity portfolios has reached the 90th percentile since 2010, leading to gold algorithmic selling being close to "absolute exhaustion." Deutsche Bank expects CTA funds to be forced to cover approximately 20% of their net short positions in gold, which could form a self-reinforcing algorithmic short-covering cycle, laying the foundation for stronger gold prices in Q4. Simulation data shows that algorithmic trading systems are currently biased towards buying gold in almost all price scenarios, but the price of gold needs to rise to approximately $4,370/ounce to trigger the next round of large-scale programmatic buying.
19:53
Google Quantum AI has reduced quantum error rates by approximately 40 times on the Willow chip, but Bitcoin's cryptographic security remains far from being breached.
Google Quantum AI, in a new paper, stated that its Willow chip has reduced a critical class of quantum error rates by approximately 40 times. This technology, by filtering rather than using dedicated quantum bit factories, achieves 99.99% fidelity for remaining qubits after 92% of failed states are eliminated. While this is a significant advancement in quantum computing, cracking RSA-2048 keys would still require an error rate of about one in ten billion, roughly a million times cleaner than what Google has currently demonstrated, and Bitcoin's elliptic curve cryptography is far from being threatened. Researchers anticipate that the number of physical qubits needed to crack Bitcoin's encryption has decreased from 20 million in 2019 to under 500,000 in a March 2026 white paper, while the Willow chip currently has 105 qubits. Additionally, some Ethereum researchers believe that AI-driven mathematical models might crack elliptic curves faster on conventional hardware than quantum computing.
19:53
Qatar Energy to set up a massive solar plant in Lebanon, says Qatar PM
Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani announced that Qatar Energy plans to establish a “massive” solar plant in Lebanon, a country grappling with severe energy crises. The Prime Minister made the remarks during a media conference with Lebanese Prime Minister Nawaf Salam.
19:51
Trump Says U.S. Is Negotiating With Russia, China on "Denuclearization"
Donald Trump stated in a Newsmax interview on Thursday that the United States is negotiating with Russia and China on nuclear disarmament. He noted that the US and Russia each possess over 4,000 nuclear warheads, while China currently has approximately 620, but he believes China will catch up to both nations within five years. Trump added that negotiations are ongoing despite China's apparent reluctance to disarm. This statement comes shortly after the expiration of the New START Treaty between the US and Russia.
19:49
Qatar University Professor Zaccara: Saudi Arabia Hopes to Avoid Another Protracted War
Luciano Zaccara, an associate professor of Gulf politics at Qatar University, stated that the Houthis are employing various strategies, including attempting to control territory and resisting government counter-offensives. He noted that the Houthis are trying to demonstrate their ability to attack different locations within Saudi Arabia simultaneously, showing unexpected strength. Zaccara believes that Saudi Arabia wants to avoid another prolonged war because they cannot afford it as they could in the past. He added that the Houthis have proven on the ground that they "cannot be defeated," and Saudi Arabia now needs to push government forces to retake Sana'a and continue supporting them in destroying Houthi military facilities, while defending its own territory from attacks without the explicit support of allies.
19:47
Zelenskiy Says European Allies Have Enough Patriot Missiles for Ukraine to Live Through Winter
19:45
Traders are spending millions to secure copper
This is driven by the threat of Trump tariffs, which is fueling huge demand for the red metal, according to Bloomberg Markets.
19:45
Latvian Prime Minister Krišjānis Kariņš suggested that Europe block Russian grain from passing through Baltic Sea ports to force Russia to open Black Sea trade.
Latvian Prime Minister Andris Kulbergs stated that Europe should block the transit of Russian grain through Baltic Sea ports, which could force Moscow to seek ways to open up Black Sea trade.
19:41
Nigerian Exchange CEO Expects Dangote's Record IPO to Spur New Listings Next Year
19:39
Iranian President Pezeshkian says Iran 'will not give in to force' from US, denies nuclear weapons pursuit
Iranian President Masoud Pezeshkian met with Georgian Prime Minister Irakli Kobakhidze in Yerevan, Armenia. Addressing US sanctions, Pezeshkian stated the measures are “beyond humanitarian frameworks and [US] attacks in recent months are unjustifiable and inhumane”. He denied Iran is seeking nuclear weapons, calling propaganda against the country “lies”, and reiterated readiness for dialogue, adding, “They think they can make us surrender, but we will not give in to force.”
19:37
Zelenskyy: There is no discussion to substitute Starlink
19:37
Anthropic has been assigned a BB+ credit rating by KBRA, as Wall Street raises $60 billion for its AI chips.
AI company Anthropic has received a BB+ credit rating from KBRA, just one notch below investment grade. This follows a previous $35 billion chip financing deal for the company. Currently, Wall Street banks are reportedly raising another $60 billion financing package for AI chips developed by Google and Broadcom. Anthropic may also issue up to $42 billion in convertible notes to lease chips. The key takeaway is that Anthropic's large-scale AI expansion is increasingly reliant on affordable debt financing.
19:35
Solana Foundation President Lily Liu stated that the Shanghai event was forced to be postponed due to a surge in registrations.
Lily Liu, President of the Solana Foundation, stated that event registrations quadrupled overnight, exceeding the local government's attendance limit, which forced the postponement of the Shanghai event.
19:33
Zelenskiy says Ukraine expects additional F-16s by end of year
19:33
Cantor Fitzgerald reiterated its "Overweight" rating and $176 price target for CoreWeave, stating that the recent sell-off presents a buying opportunity.
Cantor Fitzgerald reiterated its "Overweight" rating and $176 price target for CoreWeave, stating that the recent sell-off presents an attractive buying opportunity. Despite a debt yield of 15%, analyst Brett Knoblauch believes the market undervalues CoreWeave's position. The company has nearly all of its 2027 capacity contracted, and NVIDIA has agreed to support unsold capacity.
19:27
Cantor Fitzgerald Raises Strategy Price Target to $208
Cantor Fitzgerald raised its price target on Strategy (MSTR) to $208 from $186, maintaining an Overweight rating. Analyst Ramsey El-Assal increased his 12-month Bitcoin price assumption to $112,000 from $98,000, factoring in Strategy's approximately 848,000 BTC holdings. The firm's updated valuation implies an enterprise value of $110 billion, up from $97 billion.
19:25
Deutsche Bank plans to launch crypto custody services within weeks, targeting the Asian market by 2027.
Deutsche Bank's co-head of corporate banking, Gerald Podobnik, stated that the service will initially support major cryptocurrencies such as BTC and ETH, Reuters reported. As part of its broader growth strategy for corporate banking, the German bank also plans to add fiat-to-stablecoin conversion services, offer tokenized deposits, and assist clients in issuing blockchain securities, including digital bonds.

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