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10/28
20:41
Monness, Crespi, Hardt analysts raised Apple's price target from $335 to $355, maintaining a "Buy" rating. The analyst made this move ahead of Apple's earnings report on November 2, highlighting Apple's product innovation and expanding Apple Intelligence features, believing that the potential release of an OLED touchscreen MacBook Pro will add momentum. This earnings call will be CEO John Ternus's first, but supply chain constraints and macroeconomic risks remain points of concern.
20:40
According to CNBC, China's auto market is experiencing its slowest sales season in 26 years, with passenger vehicle retail sales down 21.7% year-on-year in the first nine months of 2026, and a projected full-year decline of 22%. Consumer confidence has been hit by an unstable job market and persistent declines in real estate prices, while the government has also scaled back car purchase incentives. Fierce market competition has led to price wars, causing profits in the auto manufacturing industry to shrink by 22.8% year-on-year, prompting Chinese automakers to look towards overseas markets.
20:36
Mukesh Ambani's Jio Platforms achieves India's largest-ever IPO and strong trading debut, once again demonstrating his ability to raise billions of dollars and attract investors despite a challenging market.
20:31
Coinbase has officially listed Ripple's RLUSD stablecoin, allowing customers in supported regions to convert US dollars into RLUSD on a one-for-one basis. Users can access this functionality via the retail app, Coinbase Exchange, and Coinbase Prime.
20:31
Moody's Ratings has assigned an A2 long-term deposit rating and a P-1 short-term deposit rating to RLUSD, a USD-backed stablecoin issued by Ripple's subsidiary, Standard Custody & Trust Company. The agency stated that the ratings reflect the quality of RLUSD's reserves, which primarily consist of U.S. Treasury bills, other short-term U.S. government assets, and cash. Moody's also noted that Standard Custody is not a bankruptcy-remote entity, and RLUSD holders currently do not have direct ownership of the reserves. This rating follows the approval by the Office of the Comptroller of the Currency (OCC) for Ripple to establish Ripple National Trust Bank, which will manage RLUSD's reserves and act as the collateral trustee. RLUSD currently has a market capitalization of approximately $2.6 billion.
20:17
Ethena Pay has launched its Earn+ product, offering target rewards of up to 12%. The product's Upshift vault aims for approximately 11 times leverage on Aave, with depositors bearing potential losses and an initial capacity limit of $4.5 million.
20:16
The Depository Trust & Clearing Corporation (DTCC)'s security tokenization service has officially launched, initially supporting 34 securities. Currently, 20 DTC participants have signed access agreements, but the operating schedule for conversion orders is narrower than 24/7 token transfers.
20:12
The US Federal Election Commission (FEC) announced that a "bad actor" attempted to breach its systems, forcing a temporary suspension of web-facing services. This outage has disrupted the filing of 24 and 48-hour spending reports, which track political groups' and candidates' expenditures, just days before the November 3 midterm elections. FEC Commissioner Dara Lindenbaum clarified that the incident affects only federal campaign finance findings and has "NOTHING to do with voter files or voter registration." The current midterm elections are the most expensive in US history, with approximately $11.21 billion spent on advertising.
20:06
Traders are heavily betting on a downside for Chipotle ahead of its earnings report, with options trading volume eight times the monthly average. According to CNBC, Chipotle's options trading volume surged to more than eight times its monthly average on Tuesday, with put options significantly outnumbering call options, indicating a widespread bearish sentiment in the market regarding the fast-food giant's earnings. Some traders invested $1.1 million in put options, betting that Chipotle's stock price will fall another 5% within the next 3.5 weeks.
20:05
Displaced families in the Gaza Strip are preparing for their fourth winter, but due to ongoing conflict and material shortages, over 1.5 million Palestinians still live in tents or temporary shelters, facing threats from wind, rain, and floods. The UN Office for the Coordination of Humanitarian Affairs (OCHA) stated that approximately 294,000 families urgently need winter shelter assistance, but only about 52,000 families (18%) have received some humanitarian aid so far. The Norwegian Refugee Council (NRC) reported that 500 trucks of shelter materials are awaiting entry into Gaza, and at the current pace, it would take over seven months for them to be delivered. Husni Muhanna, spokesperson for the Gaza Municipality, said that over 85% of Gaza City's infrastructure is damaged, and the rainwater drainage system is operating at only 20% capacity, increasing the risk of flooding and sewage mixing.
19:59
Serbian Interior Minister Ivica Dačić announced that a minor male was shot dead by police early Wednesday after attacking an officer with a knife outside the Israeli embassy in Belgrade and shouting "Allahu Akbar." The officer sustained minor facial injuries. Dačić stated that the attacker was a Serbian citizen and had been under surveillance by security services as a suspected supporter of ISIS. Following the incident, Serbia has raised its counter-terrorism alert level to the highest "red alert." The Israeli Foreign Ministry confirmed that no embassy staff were injured and the embassy was closed at the time of the incident. This marks the second attack on the Israeli embassy in Belgrade in nearly three years, with the previous one occurring in June 2024.
19:58
Energy Minister Juma Homera described the estimated 223 billion cubic feet (6.3 billion cubic metres) discovery in the Mnazi Bay area as a "major milestone" for the East African nation. The new well, jointly owned by state-owned Tanzania Petroleum Development Corporation (TPDC) and French oil firm Maurel & Prom, is expected to start production early next month to boost domestic supplies.
19:52
The third Russia-Africa Summit was held in Moscow from October 28-29, co-chaired by Russian President Vladimir Putin and the rotating Chairperson of the African Union, Burundian President Évariste Ndayishimiye. The summit aimed to strengthen cooperation between Russia and African nations in political, defense, technology, trade, and security sectors. Amid Western sanctions, Russia has significantly increased its security presence in Africa, and its trade with African countries has exceeded $28 billion.
19:51
Palestinian-Israeli citizens turned out in record numbers for Israel's parliamentary elections, with voter participation exceeding 70% in some towns. This trend could prevent Netanyahu and his far-right coalition from securing the majority seats needed to form a government. Initial reports suggest that Arab parties are poised to collectively win up to 17 seats, positioning them as key players in forming the new government. Analysts attribute the high turnout to voter dissatisfaction with the incumbent government's hostile policies and the counterproductive nature of right-wing campaign strategies.
19:44
Shiba Inu's burn rate has surged by 428,862% in the past 24 hours, reaching its highest level this month, with over 1 million SHIB tokens destroyed, according to Shibburn data. This spike in burn activity comes as the crypto market recovers from recent volatility, and Shiba Inu's price has also risen by approximately 3%, currently trading near $0.000005.
19:35
Bitcoin rebounded above $81,000 during intraday trading, with Pepe up 9%, as gains in Asian chip stocks boosted the crypto market. This follows Bitcoin's dip below $80,000 on Tuesday, while it has risen approximately 0.8% to $81,400 since Monday (UTC). Ethereum rose 0.9%, and the CoinDesk Memecoin Index gained 1.3%. The KOSPI index surged 6.6%, with SK Hynix soaring about 11% after reporting a sevenfold increase in profit. Nasdaq 100 futures were up 0.5%. The Federal Reserve is set to announce its U.S. interest rate decision at 18:00 GMT, with the CME FedWatch Tool indicating an approximately 92% probability of rates remaining unchanged.
19:30
Soneium has launched its Royalty Vault with a $600,000 launch cap. The Defiant reports that holding ipUSD alone does not provide royalty exposure, as investors receive separate vault shares after settlement. Standard exits from the vault can take months.
19:30
A Euronext spokesperson stated that the suspension of CoinShares' Zcash ETP (exchange-traded product) is due to "operational settlement requirements" and will remain in effect until the central securities depository (CSD) supports settlement operations.
19:29
A Democratic-controlled House after the midterms could intensify scrutiny of prediction markets like Kalshi and Polymarket, as well as the Commodity Futures Trading Commission (CFTC). Lawmakers may focus on banning congressional participation, restricting certain contracts, and investigating Donald Trump Jr.'s advisory roles at Kalshi and Polymarket, amid concerns over potential influence on regulatory rulings. The CFTC's capacity to oversee the booming prediction market industry may also face increased examination.
19:25
Bitcoin rose 2% to above $81,000 in Wednesday's Asian morning session, rebounding from Monday's low when it fell below $80,000. HYPE led gains, climbing nearly 6% to above $81, ZEC rose 5% to around $1,300, DOGE gained 4%, BNB and SOL each rose about 3%, Ether rose 2% to around $2,360, and XRP rose 3% to $1.32. Traders are bracing for the Federal Reserve's rate decision later in the day.
19:23
India's Adani Enterprises returns to profit, ending two consecutive quarters of losses. The conglomerate reported a profit for the three months through September, driven by strong performance in its copper smelting, renewable energy products, and airports divisions. It had posted a loss of 11.6 billion rupees in the April-June quarter, following a loss in the January-March quarter.

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