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10/26
23:01
Ministers and senior security officials from Pakistan, Saudi Arabia, and Turkey (signatories to the Mecca Joint Defense Agreement) are in Tehran, Iran, to discuss de-escalating tensions between Iran and the United States, as well as Yemen, to prevent new U.S. military strikes against Iran. The International Crisis Group analyzes this visit as a "last-ditch attempt," but warns it may have little impact without concrete proposals.
22:59
Anthropic announced on Monday its plan to sell shares through the stock market. Its IPO filing revealed that the company's sales reached $11.6 billion in the April-June quarter, up from $787 million in the same period last year. It also disclosed a series of risks, including conflicts with the Donald Trump administration and the potential for AI systems to act autonomously.
22:50
Anthropic highlighted the immense potential of AI in healthcare in its IPO filing, including aiding in the treatment of major diseases and accelerating scientific discovery. The company plans to expand into the healthcare and biology sectors, positioning medical research as a significant opportunity for AI.
22:47
Al Jazeera quoted Nawaf Obaid, a senior fellow at King's College London, as saying that the US has no intention of re-engaging in a war with Iran unless there is a "miscalculation" by either Iran or Israel. Obaid noted that the "Mecca Alliance" talks held in Tehran by senior officials from Iran, Turkey, Saudi Arabia, and Pakistan were a positive development, helping to establish a "post-American security framework" in the Middle East and mitigate future threats, including potential attacks by the US and Israel.
22:44
Anthropic plans to implement a non-traditional lock-up structure post-IPO, allowing some early investors and employees to sell shares before the traditional 180-day restriction expires. According to its S-1 filing, shares will unlock in tranches on day 1, day 27, and day 48 after listing. Analysts believe this phased unlocking could create selling pressure and market volatility shortly after Anthropic's IPO.
22:40
Iran's hardline "Front of Islamic Revolution Stability" has called on the Iranian Parliament and Supreme National Security Council to initiate procedures for withdrawing from the Non-Proliferation Treaty (NPT). This move is interpreted as a call for Iran to develop nuclear weapons "as soon as possible." The faction also submitted a motion to impeach Foreign Minister Abbas Araghchi. This is the latest opposition from Iranian hardliners to President Pezeshkian's negotiating stance with the United States, as they believe the U.S. only understands the language of force and oppose ending the conflict through diplomatic channels.
22:35
Keystone stated that its latest investigation found attackers obtained WebAuth device authentication keys through a website vulnerability, which could potentially allow counterfeit hardware wallets to pass official authentication. The company will burn 18,835 unsold devices using the old key, pause unshipped orders, and switch new production to a replacement key. This incident also affected 25,964 purchase records and 12,873 incomplete checkout records, but Keystone claims seed phrases, private keys, and transaction signatures were not compromised.
22:33
Al Jazeera reports that a conference currently underway in Tehran may be the "latest (if not last) opportunity" for Iran and Gulf states to restore diplomacy, in response to the tangible risk of military escalation between the United States and Iran. The report notes that Iranian officials are showing decreasing interest in the closed-door discussions. A senior Iranian official described the Qatari delegation's visit as "routine exchanges," but Al Jazeera believes this is not a "routine period." While Iran signals its readiness for diplomatic engagement, the U.S. and Iran remain far apart on contentious issues. The conference may also aim to convey the "red lines" of the involved countries should confrontation resume.
22:30
Nuclear energy startup Elementl Power is seeking to raise $750 million to meet the growing electricity demand from AI. A consortium led by South Korean venture capital firm DS Investment Partners has pledged up to $200 million for the development of up to three Elementl nuclear projects. Samsung C&T Corp. is also in discussions to provide engineering support and commit capital, with this fundraising round testing private capital's interest in the early stages of atomic energy development.
22:23
Anthropic has confidentially submitted its initial public offering (IPO) filing, planning to list on the Nasdaq Global Select Market under the ticker symbol "ANT." The S-1 filing reveals the company generated $16.29 billion in revenue for the six months ended June 30, 2026, up from $1.16 billion in the same period last year. During the same period, it reported a net loss of $80.7 billion, including $72.4 billion in expenses from changes in the fair value of convertible notes and other instruments. As of June 30, the company had raised a cumulative $141.1 billion, holding $112.4 billion in cash and cash equivalents and $19.3 billion in short-term investments. The filing also disclosed that the Long-Term Benefit Trust and seven co-founders will maintain control through a special stock structure, warning that this arrangement might make it difficult for Class A common stock shareholders to influence significant decisions.
22:18
Iranian President Masoud Pezeshkian called on Muslim countries to strengthen regional cooperation to counter "Israeli aggression" and U.S.-backed efforts to divide the Middle East. Pezeshkian stated during a meeting in Tehran with Saudi Defense Minister Khalid bin Salman, Pakistan's Chief of Army Staff Asim Munir, and Turkish Intelligence Chief Ibrahim Kalin that Iran is ready to support Muslim nations in enhancing unity, security, and development. He condemned Israeli attacks on Gaza, Lebanon, Iran, and other parts of the region. Pezeshkian added that Iran does not seek nuclear weapons but insists on its right to peaceful nuclear activities under the Non-Proliferation Treaty (NPT). He also criticized "contradictory U.S. policies," including negotiating while attacking Iran and its nuclear facilities.
22:17
Ahead of AI company Anthropic's IPO, the 2x long leveraged ETF ($ANTT) and 2x short leveraged ETF ($ANTZ) have been filed. These two products aim to deliver twice the daily performance of Anthropic stock in opposite directions, reflecting traders' preparations for significant volatility once Anthropic lists on Nasdaq. Anthropic previously submitted its IPO application under the ticker symbol $ANT.
22:15
Economists and major housing groups, including Fannie Mae, predict that U.S. mortgage rates above 7% are the "new normal" and are likely to remain elevated well into 2027, with Fannie Mae forecasting an average of 7.5% in 2027. This contrasts sharply with the 3% or 4% rates seen before 2022. Factors contributing to this include persistently high inflation, increased competition for capital from heavy government borrowing and AI infrastructure investments, and weakened demand for mortgage bonds as the Fed has ceased active purchases of mortgage-backed securities.
22:10
Research released by the University of Michigan on October 23 shows that US consumers' long-term inflation expectations remain above comparable levels in 2019 and 2024, reaching 3.5% (up from 3.4% in September), while year-ahead expectations are at 4.7% (up from 4.6% in September). These persistently elevated inflation expectations could complicate the Federal Reserve's efforts to ease financing conditions, thereby impacting Bitcoin's financing conditions through policy and investor risk appetite. The Federal Reserve believes that anchored inflation expectations help inflation return to its 2% target and support moderate long-term interest rates; thus, persistently high inflation could limit monetary easing.

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