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2026/10/22
U.S. Initial Jobless Claims Near 57-Year Low
ChainCatcher report: Last week, the number of new applications for unemployment benefits in the U.S. fell to the lowest level in nearly 57 years. The U.S. Department of Labor stated that, for the week ending October 17, initial jobless claims decreased by 6,000 to 194,000, seasonally adjusted, neari
S&P Global Expands AI Features in the Private Market Ecosystem
CoinDesk reports:New York, October 22 (Reuters) /PRNewswire/ — S&P Global (NYSE: SPGI) today announced the expansion of its AI-driven capabilities within its private markets ecosystem, including new iLEVEL enhancements that embed AI directly into private markets workflows. These enhancements enable
Lam Research Shares Drop 7.3% Amid Missed Guidance and Analyst Target Cuts
Lam Research shares dropped 7.3% to $241.75 in premarket trading before Thursday's opening. The decline erased about $24 billion from Lam's market value. A closing price of $241.75 would be the lowest since early April and about 44% below the June 30 record. Lam has lost roughly $240 billion in mark
Lobbying Intensifies Over Bipartisan Permitting Bill BAAJA
Third-quarter lobbying disclosures show extensive efforts to influence the Bipartisan American Affordability and Jobs Act, a permitting bill also known as BAAJA. The disclosures repeatedly identify the legislation by name, acronym or bill number. Lawmakers introduced the bill on September 30, the qu
Spotify Stock Rises 5% on Strong Q4 Profit Forecast
Spotify stock rallied 5% in premarket trading after its third-quarter earnings report delivered a stronger-than-expected profit outlook, boosting investor sentiment toward the music-streaming giant. The company projected fourth-quarter operating income above Wall Street estimates and forecast robust
Vitalik-backed meme coin Zipcoin announces project closure
Odaily Planet Daily reports: Vitalik’s fictional narrative meme coin project, Zipcoin, has announced its closure. The team stated that on October 15, the project was affected by the UNCX incident, during which hackers drained 1.1% of the total supply of tokens including PEPECOIN, EDGEN, ZC, X, LO0P,
Bitmine holds 6 million ETH, worth nearly $14.5 billion, to halt purchases at a 5% supply cap.
According to Huoxing Finance, Tom Lee, Chairman of Bitmine, a crypto asset treasury company, stated that Bitmine holds approximately 6 million ETH, representing 4.9% of ETH’s total supply—just 100,000 ETH short of the 5% limit, a cap originally proposed by Vitalik Buterin. Once the limit is reached,
Bitmine holds 4.9% of the ETH supply, nearing the 5% cap set by Vitalik Buterin.
Odaily Planet Daily report: Tom Lee, Chairman of crypto asset treasury company Bitmine, stated that Bitmine holds approximately 6 million ETH, accounting for 4.9% of ETH’s total supply—about 100,000 ETH short of the 5% cap; purchases will cease upon reaching this limit, a cap proposed by Vitalik But
Wang Xingxing urges belief in AI at Unitree's 10th anniversary event
In 2026, the World Physical AI Conference hosted by Unitree Technologies took place in Hangzhou, where founder Wang Xingxing emphasized the necessity of firmly believing in AI, stating that current model capabilities are already sufficient to break through the information world, and reflected on his
Norway's Sovereign Wealth Fund Reports $29.7 Billion Loss in Q3 2026
The world’s largest sovereign wealth fund delivered a stunning performance on Thursday—unexpectedly, it was not high-valued tech stocks but its traditionally defensive bond portfolio that caused the blow.The world’s largest sovereign wealth fund, the Government Pension Fund Global (GPFG) of Norway,
Analyst Predicts SpaceX-Tesla Merger Could Boost Elon Musk's Control and Synergies
Constellation Research founder Ray Wang said on Wednesday that merging SpaceX and Tesla would help Elon Musk achieve Musk's technology goals. Wang said in a CNBC interview that he expected such a transaction to happen. Wang identified substantial synergies between the companies' work on self-driving
Oil Prices Rise, AI Spending Concerns Persist as SPY and QQQ Trade Below Previous Levels
This roundup examines SPY, QQQ and major technology stocks for Thursday, October 22. Fresh attacks in Saudi Arabia drove oil prices higher overnight. Technology earnings have not resolved concerns about spending on AI infrastructure. Higher energy costs can pressure households and businesses while m
Zipcoin Halts Operations Following Full Codebase and Private Key Leak
Huo Xing Cai Jing reports that Zipcoin has announced the cessation of its operations, stating that its project codebase and associated keys were fully compromised, allowing attackers to potentially gain control over the project’s wallets and infrastructure. The team said it attempted to migrate the
PHP2Shell Vulnerabilities Threaten 70% of Websites, Prompt Global Cybersecurity Measures
PHP developers issued emergency fixes on Wednesday and urged every user to install the updates immediately. Details of the vulnerabilities appeared online on Tuesday before patches were available, prompting PHP to accelerate the release. Experts anticipated a surge in intrusions as attackers tried t
S&T Bancorp Reports Record Q3 Earnings in 2026
CoinDesk reports:Record EPS in the third quarter of 2026Indianapolis, Indiana, USA, October 22 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced net income of $38.6 million for the third quarter of 2026, exceeding $36.6 million in the second quarter
