Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source：Cointelegraph
How soon gas prices could go down now that oil is tumbling
Retail gas prices dropped to $4.12 a gallon on Monday, as U.S. oil prices fell below $100 a barrel. Source：MarketWatch
It may take weeks to tally the midterm election results. Here’s why Wall Street isn’t worried.
It’s crucial to distinguish economic from political uncertainty, because only one really moves the stock market. Source：MarketWatch
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown. Source：CoinDesk
These tech stocks got unfairly swept up in last week’s selloff, analysts say
One analyst notes “a meaningful gap between price and fundamentals” in some corners of the chip sector. Source：MarketWatch
NYSE taps Wall Street giant Broadridge to bring shareholder voting to tokenized stocks
A key provider of shareholder voting and corporate services on Wall Street, Broadridge will help bring investor rights onchain for the exchange's upcoming…
Behind Anthropic’s 1,127% revenue surge — and the computing bill that erased its profit
Anthropic just filed updated financial paperwork ahead of an IPO that could come by the end of this month. Source：MarketWatch
Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.…
Nvidia, Costco and Nike join pushback against OKX–ICE tokenized stock plans
Nearly 70% of the companies initially picked for trading have opted out, while 19 firms including Apple, Tesla and Amazon have no disclosed objection as the…
Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss. Source：CoinDesk
Oracle’s stock falls as the company details plan to raise $20 billion
Oracle has been borrowing money and issuing stock to help finance its AI cloud growth. Source：MarketWatch