News / Archive
Stories from the past month. Subscribers see every story as it happens, and the full history.
Page 26
DescriptionNews
The U.S. Department of Energy reported crude oil inventories at -3.060 million barrels as of October 16, with an estimated reduction of -340 thousand barrels. Distillate inventories increased by 1.675 million barrels, while Cushing, Oklahoma crude inventories rose by 987.000 barrels. Gasoline inventories decreased by 2.952 million barrels, and refinery utilization decreased by 0.10% from the previous week.
News
Meta, the parent company of Facebook, has been ordered by a New Mexico court to pay $25 billion in fines for deceiving people about how it collects user data, following a jury finding of liability in a data privacy case related to the Cambridge Analytica scandal.
Update
Web security company $NET has enhanced its protection against critical security flaws in PHP, a language used by approximately 70% of websites, by implementing emergency measures. This update aims to safeguard millions of websites on the Cloudflare network.
Funding
An investor has purchased $9 million worth of Tesla call options with strike price at $370 expiring in April 2027, and another $661,000 in options with strike price at $410 expiring the following Friday. Tesla is set to report earnings after the market close.
Update
Meta, formerly known as Facebook, plans to issue non-voting shares to fund its artificial intelligence projects. The company, which is expected to announce this plan alongside its quarterly results, will allow it to issue new shares for acquisitions, attracting top AI talent, and paying for chips without diluting CEO Mark Zuckerberg's control. This move is similar to what Alphabet did in 2014, where it introduced non-voting shares alongside preferential voting shares to maintain co-founders Larry Page and Sergey Brin's control over 50%.
All Time High
Meta reported EPS of $3.83, exceeding the estimated $3.57. Revenue for the third quarter was $64.6 billion, surpassing the estimated $63.33 billion. Reality Labs operating loss was $4.13 billion, compared to an estimated $5.13 billion.
Update
Micron's chief technology officer, Scott DeBoer, stated that the company will continue with its current roadmap and focus on developing next-generation 3D DRAM, as they have been evaluating 4F² storage technology for over 20 years but have no plans to adopt it.
News
Tesla reported adjusted earnings per share of $0.48, compared to an estimated $0.44. Revenue was $28.05 billion, slightly below the estimated $28.13 billion. Gross margin was 19.6%, compared to 17.8% year-over-year. Automotive sector revenue was $20.56 billion, services and other revenue $4.61 billion, and energy generation and storage revenue $2.88 billion. Operating revenue was $718 million, below the estimated $599.3 million. Active FSD subscriptions increased to 1.74 million, and FCF was $1.53 billion, below the estimated -$4.99 billion. This marked a second consecutive quarter with TTM revenue exceeding $100 billion.
News
Kinder Morgan has reported third quarter 2026 results with revenue of $4.53 billion, adjusted EBITDA of $2.18 billion, and adjusted EPS of 35 cents. The company continues to forecast full-year adjusted EBITDA of $8.60 billion and adjusted EPS of $1.36. The annual dividend remains at $1.19 per share.
All Time High
Elon Musk mentioned during the $SPCX earnings call that power, cooling, and electrical infrastructure are 'somewhat of a limiting factor' for scaling AI computing. Bloom, which generates power directly in the data center without turbine blades or grid connections, could benefit, potentially bringing billions of dollars' worth of idle GPUs online faster.
Update
Trading volume for VIX calls reached 1.85 million on Friday, the second highest since 2019, marking the second highest volume since August 2, 2014. The following Monday, VIX spiked above 60.
News
The volume of trading in the S&P 500 market has increased to a record high of 15.8%, up from 5.1% in 2026, with the final minutes of the day accounting for a larger share of trading volume.
News
Nebius CEO Arkady Volozh stated the company aims to become one of the world’s largest AI cloud providers. He said Nebius targets approximately $8 billion in annual recurring revenue by the end of the year. This translates to roughly $9 million in ARR per megawatt of power capacity. The firm is working to secure 5 GW of contracted power and bring that capacity online.
Update
Oracle CEO Larry Ellison, who was planning to sell around $7.5 billion of Oracle shares to fund his son's acquisition of Warner Bros. Discovery, has instead decided to borrow against his stock holdings in Oracle, Tesla, SpaceX, and Paramount. Five banks are providing the loan: Citigroup, HSBC, JPMorgan, UBS, and BNP Paribas.
New Web Product
NVIDIA ($NVDA) introduced DSX POD, a modular AI factory with pre-installed compute, networking, and liquid cooling, promising to reduce deployment times from 6 months to 14 days. The company cites compute costs above $50 per watt annually, potentially saving $23M in advanced revenue per MW.
Update
Anchorage Digital has applied for CFTC swap dealer registration and plans to offer European-style bitcoin and ether options if approved. The company's social media channels include OKX Announcement, OKX Campaign, Telegram, Discord, OKX Orbit, Affiliate, and Chinese Telegram and Discord.
News
The Securities and Exchange Commission (SEC) is reviewing planned amendments to capital requirements, customer-asset safeguards, and recordkeeping for broker-dealers handling crypto assets. The changes are currently under review by the White House.
News
68.2% of 2026 midterm election winners are pro‑crypto, with 245 candidates elected supporting cryptocurrency policies.
News
Federal Reserve and OCC supervisors contacted U.S. banks to assess vulnerabilities following a $6.3 billion hack of Binance, citing concerns about AI‑assisted attacks.
News
Yesterday U.S. spot Bitcoin exchange‑traded funds recorded net inflows of $74.6 million.
News
Bitcoin price dropped about 5% to below $77,000 as a Nasdaq chip and AI sector rout spilled into crypto, wiping roughly $2.3 trillion from the U.S. stock market and liquidating hundreds of millions in leveraged longs.
News
Ryanair, the airline, expects a significant increase in airfare for the upcoming year to offset the €2 billion hit from rising jet fuel costs, which has forced the company to implement a pay freeze and reduce hiring.
News
Bitcoin experienced a significant drop of nearly 5% due to declines in AI stocks, as well as forced liquidations that wiped out $428 million in crypto long positions. Democratic midterm victories raised policy concerns.
Update
Hyperliquid Strategies, a Nasdaq-listed company (PURR), has filed to register as a futures commission merchant (FCM). The filing aims to provide U.S. customers with access to perpetual futures on Hyperliquid through restricted markets. CEO David Schamis mentioned that this initiative aligns with the company's plans for U.S. market access and its investment in HYPE. Hyperliquid Strategies spent $785 million on 9.1 million HYPE tokens during the quarter, increasing its holdings from 29.3 million to 38.5 million. The company reported $245.3 million in quarterly net income, with unrealized gains from HYPE accounting for $803 million.
News
Futures declined following Nasdaq's slide into correction, with market participants waiting for upcoming payroll data. The update notes real‑time market movements and references CNBC's live coverage.
Update
Anthropic, the company behind Claude, has launched a personal finance feature for its chatbot Claude. The feature allows users to connect their bank accounts and credit cards through Plaid, which handles the bank login and provides Claude with financial data without sharing account passwords. Claude can summarize spending, spot duplicate charges, and explain interest payments. The feature is available in beta for U.S. subscribers on Claude's Pro, Max, and Ultra plans.
Hacking News
India's CERT-In has warned of an AI-assisted financial threat actor named CRAFTY FALCON targeting banks, fintechs, payment providers, and crypto exchanges to steal wallet keys and siphon funds. The threat actor uses machine intelligence to scan targets and hit them at machine speed, exploiting vulnerabilities in internet-exposed testing and staging environments, reverse-engineered app codebases, and modified app packages. The threat actor also uses cloud abuse and bypasses IP allow-listing to deploy malicious files inside the victim's infrastructure. CERT-In has already warned these firms once, but the campaign continues, with the threat actor re-hitting entities that already got restricted advisories where remediation was incomplete.
News
A Kalshi research report finds its prediction markets had lower Brier scores than traditional polls and Nate Silver’s forecasting models during the midterms, indicating higher accuracy. Silver acknowledges markets reacted faster on election night but notes polls and models led earlier. Analysis suggests markets are driven by internal dynamics rather than external data, with odds closely matching actual outcomes despite some discrepancies.
All Time High
Gold and silver tokens UGLD, PLZL, and SELG have all reached new all-time high prices, with UGLD up 5%, PLZL up 4%, and SELG up 3%.
Update
The Moscow Exchange has launched a 'calmness index' to reflect the performance of the least volatile and popular mutual funds among investors. The index aims to help private investors create a stable portfolio that generates consistent income despite market fluctuations. The index is based on the methodology approved by the Moscow Exchange and is intended for private investors to choose between exchange-traded and open mutual funds (BPIF and OPIF).