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10/23
23:41
Bank of America analyst Shaun Kelley states prediction markets are disrupting the sports betting industry, with platforms like Kalshi challenging traditional sportsbooks.
Bank of America analyst Shaun Kelley states prediction markets are disrupting the sports betting industry, with platforms like Kalshi challenging traditional sportsbooks such as DraftKings and FanDuel. Kelley notes that Wall Street initially underestimated these markets, whose key advantages include access across all 50 U.S. states and eligibility for users 18 and older, expanding the competitive threat to established operators.
23:40
TikTok U.S. seeks 4 gigawatts of computing capacity by early 2030s for AI expansion
TikTok's U.S. entity is looking to secure multiple gigawatts of computing capacity, with one source indicating a target of four gigawatts by the early 2030s. This move comes amid a global scramble for digital infrastructure, driven by increasing artificial intelligence workloads. The company is reportedly shipping a flagship B2B AI product and runs primarily on Oracle Cloud Infrastructure, which will continue to be its main cloud provider.
23:39
CFTC Chairman Behnam states that the agency is "very focused" on oil trading regulation during the Iran conflict.
23:37
Japan considers rebranding energy, AI spending as defense amid US pressure
Japan is considering placing a wider range of expenditures, including energy and some development assistance, under the umbrella of defense spending starting next fiscal year. This move, reported by Nikkei, aims to meet U.S. demands for bigger budgets and help Japan achieve a defense spending target of 3.5% of GDP.
23:36
Wallstreetcn analysis: U.S. tech stocks plunged on Thursday, with the Nasdaq Composite falling 2.6%, and the 10-year U.S. Treasury yield seeing its largest single-day drop since March 2023.
Wallstreetcn.com analysis indicates a clear divergence in the US stock market on Thursday (October 22), with technology stocks experiencing a significant downturn. The Nasdaq Composite Index fell by 2.6%, the Philadelphia Semiconductor Index plummeted by 6.7%, and the S&P 500 Index dropped by 1.2%, marking its largest single-day decline since July. Concurrently, the 10-year US Treasury yield fell by 19.3 basis points to 4.952%, its largest single-day drop since the banking crisis in March 2023. This market action suggests that the sell-off in technology stocks has not yet evolved into a broad market decline, and investor sentiment towards AI-related trades is shifting, potentially signaling a new round of style rotation in the market.
23:35
Reserve Bank of India Governor Sanjay Malhotra stated that the RBI can use interest rates to address financial stability risks if needed.
23:34
Hezbollah of Lebanon described the Hebron shooting as a "natural and legitimate response" to Israel's "ongoing crimes."
Lebanese media outlet Al Mayadeen reported that Hezbollah issued a statement describing the Hebron shooting, which resulted in the deaths of two Israeli soldiers, as a "natural and legitimate response" to the "Zionist enemy's [Israel's] ongoing crimes against the Palestinian people." In the same incident, two Palestinians were killed by Israeli forces. Hezbollah also condemned Israel's expansion of illegal settlements, demolition of homes, and land clearing in the West Bank and occupied East Jerusalem.
23:26
Japan's Park24 to offer 3,000 yen ($19) each to 1.46m users after Times Car data breach
Japan's Park24 will offer 3,000 yen ($19) in compensation to approximately 1.46 million users whose identification documents are believed to have been leaked following a cyberattack on its Times Car car-sharing service. The mobility service provider detected unauthorized access into its systems in September.
23:25
A NYSE options exchange has suspended trading due to a 'technical issue', causing other exchanges to disregard its quotes.
23:20
CrowdStrike CEO George Kurtz says many breaches will occur in coming months due to PHP vulnerability, according to CNBC interview
23:14
Trump on Starlink access in Ukraine: Musk won't do anything wrong
23:10
Kremlin says Russian and Ukrainian militaries are working out ceasefire dates, Melania Trump coordinated agreement
The Kremlin stated that Russian and Ukrainian militaries are currently working out ceasefire dates. It also announced that civilians wishing to leave Oleshky will be able to do so. Furthermore, the Kremlin claimed that Melania Trump coordinated the agreement, a matter discussed by Putin and Trump in a recent phone call.
23:10
Brazil's presidential runoff is approaching, with polls showing Lula narrowing the gap with Bolsonaro.
Brazil will hold a presidential runoff election on October 25, with incumbent President Lula da Silva facing off against right-wing challenger Flavio Bolsonaro. In the first round of voting on October 4, Bolsonaro defeated Lula by less than two percentage points but failed to secure a majority. The latest polls show Lula narrowing the gap with Bolsonaro, indicating a tight race. The two candidates held a debate on October 18.
23:08
Brent crude hits $116/barrel, nearing its Iran war peak, as U.S. fuel costs surge 40% year-over-year to $4.29/gallon.
Brent crude hits $116/barrel, nearing its Iran war peak, as U.S. fuel costs surge 40% year-over-year to $4.29/gallon. This comes amid fears of renewed fighting after the midterms, with additional fuel spending projected to reach $142 billion this year, according to Brown University researchers. Michigan and Ohio saw the largest weekly gasoline price increases.
23:06
Al Jazeera: US-Iran conflict landscape dramatically shifts over past eight months, Strait of Hormuz becomes focal point of dispute, global oil and gas supplies disrupted
Al Jazeera reports that since the US and Israeli attacks on Iran on February 28, the landscape of the US-Iran conflict has significantly changed, with new battlegrounds, increasing economic costs, and growing political pressure emerging. The Strait of Hormuz, previously open to international shipping, has become a focal point of contention, as Iranian attacks on vessels and energy infrastructure, along with US blockades of Iranian ports, have disrupted global oil and gas supplies.
23:04
A Palestinian was shot and injured by Israeli forces in the Farsh al-Hawa area, northwest of Hebron in the occupied West Bank.
23:04
Tether AI Research Shows: In specific use cases, the cost of purchasing a laptop exceeds that of cloud tokens
A cost study released on October 12 by Tether's local AI platform, QVAC, shows that in some intensive model scenarios, purchasing a new laptop (costing $2,399, with monthly hardware expenses of approximately $50) could be more expensive over four years than using cloud tokens. The study notes that QVAC estimates an output of 55 million tokens processed per work month is insufficient to cover the cost of a new machine, with the break-even point being around 77 million tokens per month. This research further elaborates on Tether's user-controlled technology concept, following its announcement on October 20 of an investment in AI computing company Tenstorrent.
23:03
Trump: Canada is working hard to make deal with US
23:03
Zelenskyy says interceptor deliveries are delayed, calling it "a real problem for us"
23:03
Trump: Very close to a deal with Mexico
23:03
Donald Trump stated that he had a call with the UK Foreign Secretary to discuss opening up North Sea oil.
23:02
Zelenskiy: Agreed to hold trilateral meeting at the team level with US, Russia, and Ukraine in the first half of November.
23:02
AX1 launches Console 2.0, an "agentic activities launchpad" for AI agents on Base
AX1, a startup ecosystem on Base, has launched AX1 Console 2.0, which it calls an "agentic activities launchpad." Unlike traditional launchpads for tokens, this platform allows users to deploy AI agents to perform specific tasks or "quests." The system leverages x402, an open payment standard introduced by Coinbase in 2025, enabling agents to pay for their own work in USDC, with every payment recorded on Base. Since paid quests went live on September 7, 5,669 agent wallets have paid for runs, totaling 605,876 x402 payments. Console has been among the top five sellers by transactions and paying agents on x402scan over the last 30 days.
22:59
Analysts say Wall Street's concerns about AI agents disrupting bank deposits are overblown.
22:59
Trump: We could take all of Iran's oil.
Former President Trump stated that the U.S. has the capability to seize all of Iran's oil resources. This remark comes amidst escalating tensions in the Middle East, with recent reports of Brent crude hitting a five-month high and warnings about the potential closure of the Strait of Hormuz.
22:58
Trump on Iran: The question is whether we want to finish it or let it wither.
22:58
Trump: We could end Iran war very quickly
22:57
Brent crude oil hits four-year high of $116.20 amid US-Iran escalation fears
Brent crude, the international oil benchmark, has climbed to $116.20 per barrel, its highest level since June 2022. US benchmark West Texas Intermediate (WTI) also increased to $102.50 per barrel, marking a five-week high. The price surges are driven by fears of further US-Iran escalation.
22:53
Israeli forces demolish Palestinian homes after Hebron shooting, ordered by Finance Minister Smotrich.
Israeli forces demolished several Palestinian homes near Hebron in the occupied West Bank on October 23, following a shooting incident in the area, Al Jazeera reported. Israeli Finance Minister Bezalel Smotrich had ordered the demolitions.
22:52
Turkish Foreign Minister Says Nobody Approves Another Attack on Iran, Diplomacy is the Only Way, Following Meetings with Regional and European Counterparts

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