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AI stocks sell off, oil jumps and crypto falls as investors seek safety
A selloff in AI stocks accelerated following a fresh batch of quarterly results, prompting investors to seek safe havens. This shift pushed Treasury yields to multiweek lows, while oil prices jumped and crypto markets experienced declines.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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24H Trending
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1
The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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2
ZachXBT: Axis Robotics insiders dumped approximately 42 million AXIS tokens, causing a 40% crash; project team attributes it to OTC counterparty default.
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3
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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4
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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5
Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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6
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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7
DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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8
ECB's Cipollone: Europe to move to T+1 securities settlement on 11 October 2027; Eurosystem expands tokenised finance infrastructure
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9
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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