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10/27
19:13
Several Indian media groups have challenged the country's privacy law in the Supreme Court, stating that it could hinder investigative journalism and endanger sources. These media organizations argue that the law, which requires journalists to obtain consent from individuals before reporting, amounts to pre-censorship and could lead to newsroom closures. The law also allows individuals to withdraw consent at any time and demand data deletion without public interest safeguards, potentially forcing media outlets to delete or heavily modify factual reports. The Supreme Court has stated it will hear the case next month.
19:11
According to CCTV, the second phase of the 140th Canton Fair's offline exhibition concluded on October 27. As of 5:00 PM on the same day, a total of 278,000 overseas purchasers from 218 countries and regions attended the event, marking a 13.4% increase compared to the same period last session. Additionally, 152 overseas industrial and commercial institutions and 384 leading purchasing enterprises participated as delegations.
19:10
Corning's Q3 core sales of $5.08 billion (market estimate $5.02 billion) and core EPS of 91 cents (market estimate 89 cents) both exceeded market expectations. The company expects Q4 core EPS to be between 96 cents and $1.00 (market estimate 93 cents) and core sales to be between $5.2 billion and $5.3 billion (market estimate $5.2 billion), both above market expectations. Following this news, Corning's US shares rose approximately 3% in pre-market trading.
19:09
Boeing is set to report quarterly results before market open Tuesday, with Wall Street expecting a smaller loss and focusing on aircraft production outlook. Analysts anticipate a reduced loss compared to last year, as the company delivers more aircraft. Investors will closely watch updates on the ramp-up of plane production, including the 737 Max, after CEO Kelly Ortberg stated last month that stabilization was taking longer than expected.
19:07
CCTV Finance reported that its reporters visited several memory counters in Huaqiangbei, Shenzhen, Guangdong, and found that memory prices have recently pulled back from their previous highs. Specifically, 16GB and 32GB memory sticks have fallen by 20 to 50 yuan, and 1TB hard drives have dropped by 20 to 30 yuan, but overall memory prices remain elevated. Several merchants reported that their sales have generally declined by 20% to 30% since October, and there has even been a price inversion in the entire memory distribution channel.
19:06
ByteDance founder Zhang Yiming has reclaimed the title of China’s richest person with a fortune of $99.7 billion, a 43% increase from last year and a record for China's wealthiest individual. According to the 28th edition of the Hurun China Rich List, released on Tuesday, Zhang's wealth surge is attributed to TikTok owner ByteDance's aggressive expansion into artificial intelligence. AI emerged as the biggest wealth engine on this year's list, with 160 individuals making their money from the sector.
19:05
Ruida Futures, a China A-share listed company, announced that its total operating revenue for the first three quarters of 2026 was 1.059 billion yuan, a year-on-year increase of 28.05%. Net profit attributable to the parent company was 507 million yuan, a year-on-year increase of 31.53%. Net profit excluding non-recurring items was 504 million yuan, a year-on-year increase of 31.60%. For the third quarter alone, the company's total operating revenue was 261 million yuan, a year-on-year decrease of 20.73%. Net profit attributable to the parent company was 97.3686 million yuan, a year-on-year decrease of 38.37%. Net profit excluding non-recurring items was 103 million yuan, a year-on-year decrease of 33.38%.
19:05
Birzeit University anthropologist Nibel Khalil stated that Israeli election results are always full of "surprises" and warned of potential manipulation in the voting process. Khalil expects some Palestinian citizens of Israel may not be able to vote and expressed concerns about attempts to manipulate the election process. She also noted that Palestinians do not expect the new government to bring about statehood but might "alleviate" the growing restrictions in the occupied West Bank and Gaza Strip. Al Jazeera's live updates, citing Central Elections Committee data, reported that voter turnout in the Israeli parliamentary election reached 16.68% in the first three hours, one of the highest early figures in decades.
19:05
Gaoling Information announced that, effective October 27, 2026, the company has been placed on the military procurement suspension list by the Military Procurement Network, suspending its eligibility to participate in military material, engineering, and service procurement activities. The suspension applies across the entire military, with the processing department being the Army Procurement Management Department. Associated personnel are legal representative Feng Zhifeng and authorized representative Cheng Yibai. The company stated that sales revenue from this channel accounted for less than 5% of its total business revenue and gross profit accounted for less than 3% in the past three years. Therefore, the suspension from participating in military procurement activities will have a minor impact on the company's production and operations. The company will file an appeal in accordance with regulations, and the outcome of the appeal is uncertain.
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.

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