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10/27
19:04
Technology investor and podcast host Jason Calacanis, who called for an AI pivot in 2023, urged investors on Tuesday to sell Bitcoin, predicting it would revisit $57,000 within the next 12 months and never reach another record high. Bitcoin traded near $79,600 on Tuesday. Calacanis argued that Bitcoin is a "dead network" offering nothing beyond a store of value, citing recent ETF outflows of $774 million across Thursday and Friday (though $110 million flowed back on Monday). He advocates shifting funds to "Super Intelligence" (AI) and disclosed holding TAO, the token behind the AI network Bittensor, which rewards participants for providing AI services.
19:03
Huaxin Securities announced that Yidian Group plans to transfer 286 million shares, representing 26.99% of the total share capital, at 13.85 yuan per share, to Guosheng Group and Guomao Holdings through an agreement. The total transaction value is 3.966 billion yuan, with 233 million shares (22.00%) transferred to Guosheng Group and 52.9389 million shares (4.99%) to Guomao Holdings. Upon completion, Guosheng Group and its subsidiaries will collectively hold 29.99% of the shares, becoming the controlling shareholder. The actual controller will remain the Shanghai State-owned Assets Supervision and Administration Commission. Trading in the company's shares will resume on October 28, 2026, at market open.
19:03
Nvidia has invested $14 million in Indian startup Simplismart, which develops software to help companies run AI models more efficiently and with fewer GPUs. The Series B funding round was led by Dallas Venture Capital, with participation from Accel, Shastra VC, and Micromax, valuing Simplismart at approximately $100 million. Simplismart's annualized revenue run rate has grown 14-fold in the past six months, with over half its revenue coming from the U.S.
19:02
Syria's Foreign Ministry stated that Jordanian airstrikes on Tuesday in the rural areas of Daraa and Sweida in southern Syria were not coordinated in advance, resulting in the deaths of at least seven civilians, including three children. Syria has closed the Nasib border crossing with Jordan. Jordan had previously stated that its air force attacked terrorist strongholds inside Syria in retaliation for an attack on a Greek Orthodox church in Jordan last week, and claimed the operation was coordinated with Damascus.
19:02
Coca-Cola (KO) reported its Q3 2026 earnings, with revenue reaching $13.4 billion, surpassing market expectations of $12.92 billion. Adjusted earnings per share (EPS) were $0.91, higher than the anticipated $0.88. The company's global sales volume increased by 5%, and its operating margin stood at 33.4%. Coca-Cola also raised its full-year 2026 guidance, now expecting organic revenue growth of 5% and adjusted EPS growth of 11%. The company attributed its strong quarterly performance to robust volume growth and positive profit momentum.
19:01
Coca-Cola's Q3 2026 earnings beat expectations, with adjusted EPS of $0.91 (vs. $0.88 est.) and revenue of $13.4 billion. The company reported a 5% increase in unit case volume (vs. 2.98% est.) and 7% organic revenue growth (vs. 4.3% est.). Operating margin reached 32.9% (vs. 32.6% est.). Following the strong quarter, Coca-Cola raised its full-year EPS growth guidance to at least 11% from the previous 9-10% range.
18:59
A local ceasefire agreement in Oleshky, Ukraine, brokered by Melania Trump, came into effect at 3:00 AM local time on Tuesday, aiming to provide humanitarian aid to local residents. However, Ukrainian President Volodymyr Zelenskyy stated that Russia continued to launch attacks on multiple locations in Ukraine as the ceasefire took effect, firing as many as 16 ballistic missiles and 280 drones, causing casualties. Zelenskyy said that Russia's targets were almost exclusively the energy sector, logistics, and ordinary urban infrastructure, noting that Russia is constantly taking new escalatory measures. It is understood that this ceasefire and the attacks occurred as Ukraine, Russia, and the United States are about to hold a new round of trilateral peace talks.
18:47
General Motors (GM) will transfer the listing of its common stock from the New York Stock Exchange (NYSE) to Nasdaq, effective November 17, retaining its "GM" ticker symbol. GM stated that the move aims to position itself as a more technology-focused company and potentially qualify for inclusion in the Nasdaq 100 Index. Paul Jacobson, the company's CFO, called Nasdaq a "natural home" for its customer-centric, technology-driven strategy. Existing shareholders are not required to take any action. This move represents a significant loss for the NYSE, as GM has been listed on the exchange since 1911 and relisted there after its government-backed bankruptcy in 2010. In recent years, several companies, including Walmart, DoorDash, and Palantir Technologies, have also switched their listings from the NYSE to Nasdaq.
18:44
Ibrahim Sultan Al-Hashmi, spokesperson for the Qatari Ministry of Foreign Affairs, stated that the region needs a new security system that respects national sovereignty. He noted that Qatar is consulting with regional and international partners to permanently end the conflict between Iran and the United States, and has sent delegations to Tehran to support mediation efforts. Al-Hashmi added that the efforts of Saudi Arabia and the Mecca Agreement countries also complement the mediation work of Qatar and Pakistan.
18:44
China's Yeahmobi (301171.SZ) disclosed its Q3 2026 report, achieving operating revenue of 3.407 billion yuan for the first three quarters, a year-on-year increase of 25.38%. Net profit attributable to shareholders, excluding exchange gains/losses and share-based payments, was 205 million yuan, up 27.70% year-on-year. R&D expenses reached 135 million yuan, a 24.03% increase year-on-year. In the third quarter, the company's operating revenue was 1.175 billion yuan, with business scale maintaining steady expansion. Its commercialization closed-loop path of "AI investment—AI implementation—business returns" is gradually becoming clear.
18:44
Canadian Prime Minister Carney revealed on October 26 that trade talks between Canada and the United States have seen a slight improvement. U.S. President Donald Trump also recently expressed optimism, stating that a U.S.-Canada trade agreement could be reached before the U.S. congressional midterm elections on November 3.
18:43
Former Fed economist states current Fed communication approach is "worst of all possible outcomes" amid debates on rates and transparency. Two key debates are currently underway within the Federal Reserve: one concerning the setting of interest rates, and another regarding the extent to which officials should communicate their future outlook. While Fed Chair Kevin Warsh has opted for less public commentary, his colleagues continue to speak as frequently as they did a year ago. One former Fed economist remarked that this situation "is probably the worst of all possible outcomes."
18:40
France's consumer confidence index fell by 5 points to 80 in October, hitting a 13-year low and falling short of the median forecast of 85, due to multiple shocks including a bond market sell-off and protests escalating into riots, the French statistics agency Insee said on Tuesday. Respondents expressed increased concerns about their financial situation, living standards, and unemployment. The indicator has remained below its long-term average of 100 for five consecutive years.
18:39
He Wei, Vice Chairman of the Standing Committee of the National People's Congress, met with a delegation from the Left Group in the European Parliament led by its Co-President Martin Schirdewan in Beijing on the 27th. The two sides exchanged views on consolidating the positioning of the China-EU partnership, strengthening exchanges between legislative bodies and mutually beneficial cooperation in various fields, and promoting the healthy and stable development of China-EU relations.
18:38
Gree Electric Appliances: Shareholder Jinghai Internet plans to increase its stake in the company through centralized bidding and block trading within 6 months from the disclosure date of the announcement. The increase will be no less than RMB 600 million and no more than RMB 1.2 billion, funded by its own capital and special loans for share increase from financial institutions.
18:38
Investment firm Seawolf Capital announced it is shorting cloud computing company CoreWeave. The firm was founded by three traders known from "The Big Short" book and film. Co-founder Vincent Daniel stated that the short position began with an analysis of CoreWeave's business model. Seawolf Capital noted that CoreWeave leases AI computing power supported by high-end GPUs, but the firm believes the economic life of GPUs may be shorter than that of oil rigs, aircraft, or shipping equipment, and that the supply of competing chip computing power is rapidly increasing.

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