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11/3
05:46
The Wall Street Journal: Anthropic Investors Push for More Cautious Valuation, Closer to $1.5 Trillion
Institutional investors planning to subscribe to Anthropic's proposed IPO shares have expressed concerns about the valuation following a tech stock sell-off, pushing for a more cautious valuation closer to $1.5 trillion, according to The Wall Street Journal. This represents the investors' demands as reported, not a confirmed IPO price.
05:46
Apple's Q4 revenue was $114.48 billion and EPS was $2.10, both above expectations.
According to data released by DeItaone, Apple's fiscal Q4 revenue was $114.48 billion, versus expectations of $113.47 billion; EPS was $2.10, versus expectations of $2.00. iPhone revenue was $57.58 billion, versus expectations of $56.49 billion. Greater China revenue was $17.54 billion, below expectations of $18.75 billion; Services revenue was $31.57 billion, versus expectations of $31.58 billion; Wearables, Home and Accessories revenue was $8.3 billion, versus expectations of $9.0 billion.
05:41
Kimberly-Clark completes acquisition of Tylenol maker Kenvue
Kimberly-Clark has completed its acquisition of Kenvue, the maker of Tylenol. Kimberly-Clark plans to improve its growth and profitability through this acquisition.
05:40
Apple's strong iPhone and Mac sales offset weaker performance in China during Q3
Apple's strong iPhone and Mac sales offset weaker performance in China during Q3. The hardware giant reported solid revenue in the third quarter as Wall Street awaits its crucial holiday sales forecast.
05:40
Hermine Wong, Lecturer at Berkeley Law: Crypto Giants Seek Votes, Beware Their Exclusive Technology
Hermine Wong, a lecturer at Berkeley Law, wrote that crypto industry giants are seeking votes in this election and warned that users loyal to technology should not let the largest intermediaries monopolize it.
05:37
Saylor retweeted CJ_Bitcoin's podcast, discussing issues of concern to MicroStrategy shareholders such as returns, credit strategy, and Bitcoin's amplification effect.
05:33
Political analyst Mortazavi warns: The risk of the US attacking Iran again after the US midterm elections is "very real."
Negar Mortazavi, a senior fellow at the Center for International Policy, told Al Jazeera that the Iranian leadership has low trust in the United States after two wars involving the US and Israel, making the risk of another US attack on Iran "very real," especially after the midterm elections. Mortazavi noted a significant shift in Iran's military doctrine and rhetoric, with officials warning that Tehran would no longer exercise restraint if attacked again, instead threatening a swift, aggressive response that could expand the scope and intensity of the war.
05:33
North Korea Denies FBI Allegations of Involvement in $6.3 Billion Binance Hack
Kim Yo Jong, the sister of North Korean leader Kim Jong Un, called the U.S. accusations "absurd remarks," after on-chain analytics firm Chainalysis previously noted that the stolen funds were mixed with proceeds from an earlier attack.
05:27
US stocks closed mixed, as optimism about US-Iran talks led to a drop in oil prices, but concerns about an AI bubble bursting dragged down the tech sector.
05:25
On-chain investigator ZachXBT stated that an unnamed EU entity lost $106 million in cryptocurrency, and a Solana arbitrage bot was allegedly hacked for $786,000.
05:21
Palantir Q3 U.S. commercial revenue jumps 148% to $984M, surpassing government for first time
Palantir's third-quarter earnings beat Wall Street estimates, with U.S. commercial revenue jumping 148% to $984 million, topping government revenue of $953 million for the first time. The company's total revenue nearly doubled to over $2 billion for the first time ever, and net income more than doubled to $1.13 billion, or 44 cents per share. Palantir also lifted its full-year guidance, now expecting U.S. commercial revenue in excess of $3.56 billion.
05:19
On-chain investigator ZachXBT stated that an unnamed EU entity lost over $106 million in cryptocurrency from a centralized exchange account on Sunday, just days after the Binance hack.
05:19
Five explosions heard on Iran's Qeshm Island, residents report seeing two aircrafts flying over
Five explosions have been heard on Iran’s Qeshm Island, according to the official IRNA news agency. Qeshm residents reported seeing two aircrafts flying over the island, IRNA said.
05:16
Qatar and Turkey's top diplomats discuss efforts to de-escalate regional tensions
Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani held a phone call with Turkish Foreign Minister Hakan Fidan to discuss the regional situation, particularly diplomatic efforts and joint coordination to de-escalate tensions and promote regional security and stability. Qatar's Ministry of Foreign Affairs announced the call in a post on X.
05:15
North Korea denies claims that it was behind the Binance heist
05:09
Lisk officially shuts down its blockchain after 10 years, burns 5.23 million LSK tokens
Veteran blockchain project Lisk has officially shut down its network after 10 years, announcing a 5.23 million LSK token burn as it shifts its focus to a new financial platform for businesses. The LSK token will continue to exist on Ethereum as a loyalty token for the new platform, which will enable businesses to manage traditional currencies and stablecoins.
05:03
Federation's Liquid Reserve Gap Falls to 250 BTC After 300 BTC Top-Up; L-BTC Backing Rises to 94.14%
05:02
US I bond interest rates have risen to 5.51%, the highest level since November 2022.
The annual interest rate on U.S. Treasury-issued I bonds (inflation-protected savings bonds) has risen to 5.51%, the highest level since November 2022. The new rate applies to bonds purchased through April 30 of next year, with the variable rate component increasing to 4.08% and the fixed rate component rising to 1.40%, its highest since 2006. Financial experts note that despite the attractiveness of I bonds, investors should be aware of limitations such as purchase limits ($10,000 per person per year), funds being locked up for 12 months, and the forfeiture of the last three months' interest if redeemed within five years. For short-term cash needs, experts suggest considering alternatives like Treasury bills or high-yield savings accounts.
04:59
Trump suggests Iran deal 'could happen soon' as oil prices drop, linking it to reduced war fears
Trump suggests Iran deal 'could happen soon' as oil prices drop, linking it to reduced war fears. The US president stated on Truth Social that Iran is seeking a settlement with Washington as soon as possible. He noted oil prices are down almost $10 a barrel, a record, because "people feel that there will not be a war with Iran."
04:58
Arthur Hayes proposes AI compute futures, aiming to help businesses hedge AI hashrate costs.
BitMEX co-founder Arthur Hayes proposed AI compute futures, designed to help businesses hedge AI hashrate costs. These USD-settled contracts would track a FLOP-denominated benchmark, but buyers would still bear the risks of FLOP token exchange rate fluctuations, model selection, and rollover. Currently, the FLOP network is still under development, with no actual token trading.
04:57
Cyber insurance inquiries surge at Japan's nonlife insurers amid rising data breaches
Cyber insurance inquiries surge at Japan's nonlife insurers amid rising data breaches. Major nonlife insurers like Tokio Marine and Sompo Japan are seeing a jump in consultations for cyber insurance, which compensates companies for losses caused by cyberattacks. This surge is driven by a string of high-profile cyberattacks and data leaks in Japan since early October, increasing interest even among small and midsize businesses.
04:56
The US has announced the suspension of duty-free trade benefits for South Africa and Rwanda, effective January 1, 2027, impacting $1.7 billion in annual South African exports.
The United States announced the suspension of duty-free trade benefits for South Africa and Rwanda, effective January 1, 2027, impacting $1.7 billion in South African exports annually. U.S. Trade Representative Jamieson Greer stated on Monday that President Donald Trump believes the two countries have failed to meet the eligibility criteria of the African Growth and Opportunity Act (AGOA). This move will affect approximately $1.7 billion in South African exports to the U.S. annually, primarily including automobiles, automotive components, and agricultural products. South Africa had previously indicated its preparedness for this outcome and is actively seeking new trade partners.
04:52
AMD is down 7.61% from its previous close, now trading at $466.390.
04:51
Donald Trump endorses South Carolina Senator Darline Graham for re-election, criticizes her opponent.
Former U.S. President Donald Trump posted on Truth Social, announcing his "complete and total" endorsement of South Carolina Senator Darline Graham for re-election. Trump praised Graham as an "outstanding person" and a "true American patriot," while sharply criticizing her opponent, Annie Andrews, as a "radical left Democrat" who opposes tax exemptions for tips, overtime pay, and Social Security, and supports massive tax increases, open borders, male participation in women's sports, and gender transition surgeries for children.
04:51
Donald Trump endorses Alan Wilson for South Carolina Governor, criticizes opponent
Donald Trump announced on Truth Social his "complete and total endorsement" of current Attorney General Alan Wilson for Governor of South Carolina. Trump called Wilson a supporter of "MAGA and America First" and criticized his opponent, Jermaine Johnson, as a "radical left Democrat" who advocates for policies such as massive tax increases and open borders.
04:50
Donald Trump announced his "complete and total" endorsement for Congressman Joe Wilson's re-election bid.
Donald Trump announced his "complete and total" endorsement of Congressman Joe Wilson for re-election. Wilson, who represents South Carolina's 2nd congressional district, is a former Colonel in the South Carolina Army National Guard and currently serves on the House Armed Services Committee. Trump praised Wilson's work in Congress on border security, combating immigrant crime, upholding law and order, growing the economy, cutting taxes and regulations, promoting "Made in America," ensuring American energy dominance, advancing election integrity, and defending the Second Amendment.
04:48
Iran's IRGC claims downing two more US reconnaissance drones near Qeshm Island, bringing total to four
Iran's Islamic Revolutionary Guard Corps (IRGC) announced its forces brought down two US MQM-170 reconnaissance drones south of Qeshm Island in the Strait of Hormuz. The IRGC claimed this latest incident brings the total number of US drones of this type captured by its forces to four. Earlier, the IRGC had stated it downed an MQ-9 drone east of the Strait of Hormuz. The US military has not yet confirmed these claims.
04:45
Anthropic reports over 1,100% quarterly revenue surge ahead of IPO, commits nearly $900B in spending
AI leader Anthropic reported on Monday that its third-quarter revenue surged over 1,100% to $17 billion, up from $1.4 billion a year earlier. The company also disclosed commitments to spend approximately $895 billion, primarily on computing power, with $70 billion due by September 2027. During the July-September period, Anthropic recorded a net loss of $23.3 billion, mainly due to non-cash accounting charges related to its rising valuation. The San Francisco-based firm, founded in 2021, is preparing for a Wall Street listing later this month, aiming to raise around $100 billion at a valuation between $1.5 trillion and $2 trillion.
04:37
Anthropic's Claude AI developed a Linux exploit that can take over servers without a password; Red Hat patched it on Sunday, but Ubuntu remains unpatched.
04:31
Iran's Islamic Revolutionary Guard Corps (IRGC) claims to have shot down a U.S. MQ-9 drone in the eastern Strait of Hormuz.
Iran's Islamic Revolutionary Guard Corps (IRGC) announced it has intercepted and destroyed a U.S. MQ-9 drone in the eastern Strait of Hormuz. According to Iran's Fars News Agency, the IRGC stated the downing was carried out by its new advanced aerospace defense system and claimed it was the 55th U.S. MQ-9 drone it has destroyed. The U.S. military has not immediately confirmed this report.

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