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10/20
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23:58
StoneX analyst Mark Palmer reiterated a "buy" rating for Galaxy Digital (GLXY) in a Monday report, maintaining a price target of $57. He believes that despite market concerns over its AI data center tenant CoreWeave's debt issues, which led to a roughly 30% drop in GLXY's stock price over two weeks, the market is underestimating Galaxy's AI data center business and has barely valued its digital assets business. CoreWeave's outstanding debt reached $35.6 billion by the end of June, and rising borrowing costs have sparked market concerns about the single-tenant risk at Galaxy's Helios data center. However, Palmer noted that CoreWeave's contract backlog has grown to $104 billion, GPU rental rates remain strong, and AI computing demand continues to increase, suggesting that the market may be overstating the risks. Galaxy Digital's stock rose 2.5% on Monday, closing at $16.57.
23:51
Binance founder Changpeng Zhao (CZ) reposted a tweet from TuanNguyen_6789, who tested Binance AI Pro's capability to build an automated BNB trading strategy from scratch. The AI reportedly generated a comprehensive 14-step trading workflow, including market monitoring every 15 minutes, breakout detection, entry conditions, position sizing, automated buy/sell logic, as well as take-profit and stop-loss management. The strategy code was also generated and audited. TuanNguyen_6789 noted that while actual performance still needs testing, the system's ability to move from a simple prompt to a complete trading workflow is impressive, signaling AI's shift from answering questions to building real trading systems.
23:50
Maple Finance's governance token, SYRUP, has fallen 24% over the past week, underperforming both Bitcoin and Ethereum. Despite this, Maple's Total Value Locked (TVL) remains at $2.71 billion, and revenue-funded token buybacks in September doubled compared to August.
23:42
Anthropic is seen as the last major AI IPO in 2026, with prediction market Kalshi showing 75% odds for its public debut this year after OpenAI and several other companies postponed their offerings. The AI firm confidentially filed a prospectus with the SEC in early June. However, Anthropic's Q3 revenue of $16.8 billion showed weaker quarter-over-quarter growth than in past periods, leading to its IPO valuation range being revised down from an expected $2 trillion to $1.5 trillion, which analysts viewed as disappointing.
23:40
Nvidia on Thursday launched new open-weight models, including the 120-billion-parameter Nemotron 3.5 Super VL for enterprise agents and the lightweight Bolt series (including the 74-billion-parameter Bolt 74B-A9B) for local AI agents on PCs. The company aims to cater to enterprises running open models in their data centers and to advance on-device, private AI agents for consumers and knowledge workers.
23:40
According to an Al Jazeera analysis, prices in France, Italy, Spain, and Portugal have risen by 59% to 78% since 2000, with Spain seeing the largest increase at 78%. In 2022, all four countries recorded their highest inflation rates since at least 2000, primarily driven by soaring energy costs following the Russia-Ukraine conflict. Regarding real wages, Italy experienced a nearly 5% decline between 2000 and 2025, while Spain, France, and Portugal saw increases. Housing affordability generally deteriorated, with Spain's house price-to-income ratio rising by 56% since 2000, and Portugal's by 67% since 2015. Education spending as a percentage of GDP decreased in France and Portugal, remained flat in Spain, and slightly increased in Italy.
23:38
President Donald J. Trump today signed an Executive Order, led by First Lady Melania Trump, to strengthen research, prevention, diagnosis, treatment, and care for women and girls across all life stages. The Order establishes the White House Women’s Health Task Force and directs the Secretary of Health and Human Services and the Director of the National Institutes of Health to create a Women’s Health Division within NIH. It also rescinds prior administration initiatives to broaden focus beyond research and prioritize translating discoveries into improved clinical care. Other administration efforts include new Dietary Guidelines for Americans, expanded access to health savings accounts, and the launch of TrumpRx.gov in February 2026, which has saved patients over $700 million on medicines, including fertility drugs.
23:21
Saudi Arabia has decided to postpone its major annual investor conference, the Future Investment Initiative (FII), originally scheduled for October 26, until 2027. This decision comes amid an escalation of missile and drone attacks by Iran-backed Houthi rebels within Saudi Arabia, particularly the Houthi attack on King Khalid International Airport in Riyadh on October 10, which resulted in at least 12 deaths and over 300 injuries.
23:16
NVIDIA announced collaborations at a Berlin event: it's working with the European Broadcasting Union (EBU) to expand its sovereign framework for public service media, incorporating cloud, open models, and integration partners to ensure data control and security for broadcasters. Additionally, Adobe Frame.io is leveraging NVIDIA GPUs to accelerate video agent search capabilities, achieving up to 5x faster embedding generation and 5x lower latency, benefiting German TV and film producer UFA in content discovery.

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