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10/28
08:34
Samsung Electronics rose 4.62% from its previous close, now trading at ₩232,250.
08:30
A Solflare validator has stopped earning rewards due to a provider security incident. The node has approximately 1.56 million SOL staked. Solflare stated that user funds are safe and that an in-app migration is being prepared.
08:29
Hanwha Defense USA to acquire controlling stake in Hanwha Philly Shipyard
Hanwha Defense USA announced on Tuesday that it would acquire a controlling stake in Hanwha Philly Shipyard as part of a broader internal restructuring aimed at strengthening the South Korean conglomerate's operations in the U.S. naval shipbuilding business. Under the restructuring plan announced in September, Hanwha Systems Co. will sell its 60% stake in the shipyard to Hanwha Defense USA Shipbuilding LLC, a joint venture between Hanwha Defense USA and Hanwha FutureProof. Hanwha Ocean Co. will retain its 40% stake.
08:26
Nikkei Rises 1.3%, Led by Chip Stocks
08:22
SK Hynix's third-quarter operating profit surged sevenfold year-on-year to 83.3 trillion Korean Won (approximately $62.9 billion), primarily driven by robust demand for advanced memory chips required for AI computing, as global hyperscalers increased their investments in servers, data centers, and other AI infrastructure.
08:21
OpenAI plans to purchase AI chips from Google (GOOGL), according to The Information, citing sources familiar with the matter. The financial terms and scale of the potential deal have not yet been disclosed, and Reuters has not independently verified the report.
08:19
Israeli exit polls indicate a close race between Prime Minister Netanyahu's bloc and opposition leader Gadi Eisenkot, with neither side securing the 61 seats required for a parliamentary majority. Voter turnout reached 77.7%, a new high in over two decades. Analysts suggest that Arab parties could play a "kingmaker" role in coalition negotiations, though the process is expected to remain complex.
08:19
U.S. spending on Iran war exceeds $47 billion
The Pentagon estimates that U.S. spending on the war in Iran has exceeded $47 billion, over 25% higher than the Department of Defense's estimate in July. Of this, over $29 billion was spent on replenishing ammunition, and more than $6 billion on replacing military equipment. This estimate does not explicitly account for the repair costs of U.S. military bases damaged by Iranian missile and drone attacks.
08:17
More than 60,000 Israelis living abroad returned home to cast their ballots in the country’s first election since the October 7, 2023, attacks. Exit polls indicated that Likud remained the largest party, though Prime Minister Netanyahu’s right-wing coalition appeared to have lost seats.
08:16
India's major online investment platforms are opening up the U.S. stock market to millions of retail investors, aiming to meet their demand for global asset diversification. This move comes as the Indian market is underperforming. Indian investment platform Groww launched U.S. stock trading earlier this month, while the second-largest trading platform, Zerodha, has begun testing and plans to go live in a few weeks. Other brokerages, including Angel One, are also reportedly planning to offer U.S. stock trading. Early users' most favored companies include NVIDIA, SpaceX, Apple, Google, Amazon, Micron, and Meta. Analysts point out that the underperformance of the Indian stock market, the lack of local AI leaders, and the depreciation of the Indian Rupee against the U.S. Dollar are the main reasons driving investors towards U.S. stocks. So far this year, India's Nifty 50 index has fallen by nearly 13%, while the S&P 500 index has risen by over 12%.
08:16
Beijing’s efforts to stabilize its equity markets are helping drive the pricing gap between dual-listed stocks in China and Hong Kong to the widest level in nearly 17 months.
08:15
Ja Rule appointed Chairman of IPX Celebrity Advisory Board and founding shareholder
IPX announced that Grammy-nominated artist Ja Rule has been appointed Chairman of the company's Celebrity Advisory Board and a founding shareholder. Ja Rule will also serve as a co-founder of IPX, advocating for artists, athletes, and creators to own and retain their intellectual property on the platform, and helping to shape the financing and production of its projects.
08:14
Global Automakers' China Market Share Below 30% in Q3
Global automakers' market share in China fell below 30% in the third quarter, further declining from 34.6% in the same period last year, with deliveries totaling only 1.38 million units. According to data from the China Passenger Car Association, total passenger car sales in China decreased by 21.7% year-on-year in the first nine months of this year, while electric vehicle penetration reached a record high of 67% in September.

International brands are facing increasingly fierce competition and electrification transformation challenges in the Chinese market. Consumers, amid an economic slowdown and high oil prices due to the Iran war, are more inclined to purchase lower-priced Chinese domestic electric vehicles. Eric Han, a senior manager at consulting firm Suolei, stated that international brands have failed to make a comeback, and their business prospects are dim in a weak market where consumers are unwilling to buy high-priced cars.

Audi, whose deliveries fell by 19% year-on-year in the first half of this year, announced a new dual-brand strategy on Monday to address the Chinese market. Last month, Chinese state-owned automaker GAC announced plans to acquire a 50% stake in FAW Toyota.
08:13
Anthropic's estimated market opportunity, tied to the economic value of work produced by knowledge workers, reaches a staggering $40 trillion, surpassing SpaceX's earlier valuation.
08:03
Putin and Al Thani Discuss US-Iran Tensions
Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad Al Thani met during the Gas Exporting Countries Forum in Moscow, where both parties called for a diplomatic resolution to the conflict between the United States and Iran, and discussed the impact of US-Iran tensions on regional stability and energy markets.
07:56
Netanyahu faces corruption charges, Eisenkot pledges to end his rule
Al Jazeera's analysis suggests that the likelihood of Israeli Prime Minister Netanyahu forming a unity government with opposition leader Eisenkot is low. Eisenkot has pledged to end Netanyahu's rule, while Netanyahu faces corruption charges and trial, which legal experts say could prevent him from serving as a minister in a unity government.
07:55
Gaza International Women's Film Festival opens, launching Gaza Film Academy
The second Gaza International Women's Film Festival opened on Monday, marking the official launch of the Gaza Film Academy. The festival screened five documentaries produced by Palestinian women, showcasing their resilience through stories of war, loss, and survival. This year's festival will run until October 31, featuring 73 films from 24 countries.
07:52
Polymarket reformed the settlement method for its five-minute Bitcoin contracts in August, switching from a single snapshot rule to using an average of opening and closing benchmarks. A recent study found that in the initial weeks following the introduction of the averaging rule, previously observed trading patterns on Binance related to contract settlements diminished. The study noted that the previously estimated historical gains of approximately $8.2 million were under the old rules and cannot be used to quantify losses under the current rules.
07:51
SK hynix reports record quarterly earnings
SK hynix reported record third-quarter earnings on Wednesday, with operating profit rising 38% from the previous quarter to 83.33 trillion won. Quarterly revenue increased 32% to 104.62 trillion won, exceeding 100 trillion won for the first time, driven by booming demand for artificial intelligence memory. The South Korean memory chip maker also outlined plans to return about 100 trillion won ($75.5 billion) to shareholders this year.
07:51
CZ comments on AI drug development and approval process
Binance founder CZ retweeted a Cointelegraph report about Anthropic using AI to accelerate drug development, commenting that while AI-powered drug development is "super cool," the 10-year trial/approval process will be a limiting factor. He sarcastically suggested that perhaps AI could also be used for review and approval, even potentially from competing brands. The Cointelegraph report noted that Anthropic is collaborating with six organizations to leverage its AI model Claude to accelerate drug development and has already launched a drug discovery project targeting a rare childhood muscular dystrophy.
07:47
Parents sue OpenAI, alleging GPT-4o advised daughter to stop epilepsy medication
OpenAI is facing a lawsuit from the parents of Bowen Wan, who allege that the GPT-4o model instructed their 31-year-old daughter to secretly discontinue her epilepsy medication, lamotrigine, and conceal it from her doctors, ultimately leading to her death in February. The lawsuit, filed on Tuesday, claims that GPT-4o provided Wan with a tapering plan, advised her to refuse blood tests, and explained her discomfort after reducing medication as her "brain readjusting." OpenAI responded that the case involved an older version of ChatGPT, and newer models are better at recognizing emergencies. Wan, who suffered from epilepsy, was a software engineer at Amazon.
07:47
U.S. consumer confidence rose 7.5 points to 91.7 in October, exceeding analysts' expectations, primarily boosted by a drop in retail gasoline prices from September to October. The data, released by the Conference Board on Tuesday, comes one week before the midterm elections. Economist Fergus McCormick noted that despite the rebound in October, consumer confidence remains in a long-term downward trend over the past few years. U.S. President Donald Trump welcomed the "big jump" on social media, but his war with Iran has led to rising global energy prices, causing U.S. gasoline prices to increase by over 40% since the conflict began, exacerbating inflation, while the cost of living is a core voter concern in the upcoming November 3 election.
07:45
Israeli opposition leader Gadi Eisenkot pledged to unite the nation, stating that Israel is "entering a new era." He announced plans to promote mandatory military service for all and form a government that can "unite everyone." Eisenkot noted that Israel needs "stable and responsible leadership" and faces multiple challenges across economic, political, and security fronts. He emphasized his commitment to representing all segments of Israeli society, embarking on a "truly new path," and declaring that "the old era is over."
07:41
SK Hynix Q3 operating profit up 632.1% on strong AI memory demand
South Korean chipmaker SK Hynix's third-quarter operating profit surged 632.1% year-on-year, sharply beating estimates, driven by strong AI memory demand. Revenue for the July-to-September period rose 327.9% from a year earlier. The company, a key supplier of high-bandwidth memory (HBM) chips to Nvidia, has benefited significantly from the global AI infrastructure buildout.
07:38
The Saudi-led coalition spokesperson posted on X that air defense systems intercepted and destroyed a ballistic missile launched by Houthi rebels near Taif.
07:34
Iranian President Pezeshkian stated that "good agreements" were reached on gas and energy issues at the Moscow Gas Forum.
07:33
Agencies can now purchase domains using x402
Coinbase CEO Brian Armstrong retweeted a Coinbase Business post announcing that agencies can now purchase domains using x402. Previously, most x402 payment flows were concentrated on data and API requests. Now, agencies can purchase domains through the @atomHQ platform, a service powered by Coinbase Business.
07:27
Eisenkot stated that the Israeli public voted for change and against Netanyahu.
07:22
UK Chancellor Healey to reverse cuts to cash Isa allowances, maintaining tax-free limit at £20,000 a year in Wednesday’s Budget, thereby reversing a plan by his predecessor Rachel Reeves.
07:21
Israeli Finance Minister Smotrich vows to establish settlements in Gaza and expand West Bank settlements
Israeli far-right Finance Minister Bezalel Smotrich vowed to establish Jewish settlements in Gaza and stated that the expansion of illegal Israeli settlements in the occupied West Bank would not be reversed. Smotrich told supporters that Palestinians were celebrating the election results because they believed they could reverse the settlement revolution or prevent the establishment of settlements in Gaza, but he stressed, "We will not let them celebrate," and "they will not succeed."

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