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According to Reuters, citing two informed sources, the former CEO of Nvidia, Jensen Huang, has been reported to have an intimate relationship with another company employee. This follows previous reports of two extramarital affairs involving Huang. Reuters stated that the identity of the latest employee involved has not been disclosed for privacy reasons, and they have not been able to contact the individual for comment.Previously, Huang was reported to have had extramarital affairs with a woman, Alice Huang, who is suspected by U.S. intelligence agencies of engaging in espionage activities for China, as well as with Kimberly Powell, the vice president of Nvidia's medical business, and he resigned from his position as CEO on Thursday local time.

A Reuters survey shows that the yield on the U.S. 10-year Treasury bond is expected to remain unchanged at 5% over the next 3 months, drop to 4.96% in 6 months, and decrease to 4.75% in one year.

A Reuters survey shows that about 55% of the economists surveyed, or 56 out of 101, expect that the interest rate hike in December will mark the end of the current tightening cycle, a figure that is basically unchanged from last month.However, 45 economists still expect that the Federal Reserve will raise interest rates at least two more times, including more than half of the surveyed primary dealers, which is consistent with the expectations reflected in market pricing, and believe that the risks to the inflation outlook have not changed since the U.S. midterm elections. Changes in the political landscape are unlikely to quickly alleviate inflationary pressures.Despite market hopes that the nearly 9-month-long Middle East conflict could be resolved, leading to a drop of over 22% in crude oil futures prices from the late October peak, inflationary pressures still persist. A strong labor market, resilient economic growth, and inflation remaining above the Federal Reserve's 2% target for nearly six years all indicate that further tightening of monetary policy is still necessary.Wells Fargo Chief Economist Tom Porcelli stated, "The Federal Reserve's decision-making depends on the upcoming inflation data, which will prompt it to raise rates again. In fact, the Federal Reserve has every reason to raise rates at the October meeting."

According to a report by Reuters, the latest draft of the prospectus shows that the artificial intelligence company Anthropic plans to issue 825 million shares in its initial public offering, with an indicative price range of $70 to $78 per share.The cornerstone investors in the Anthropic IPO include AMD, Broadcom, Google, Micron Technology, Microsoft, NVIDIA, and TSMC partners. These cornerstone investors will acquire a total of $26 billion worth of the company's common stock through another private placement.

According to a report by Reuters, based on company filings and court records, external investors in Trump Media & Technology Group (DJT) have collectively lost over $2.2 billion. This estimate compares the issuance and sale prices of various batches of shares with the current price, adjusting for the impact of stock buybacks, and uses a market value accounting approach rather than tallying the realized trading losses of each investor. Trump Media disputes this calculation method, claiming it distorts facts, market dynamics, and the company's public documents, but did not specify the flaws in the calculation method. The company's General Counsel, Scott Glabe, stated that millions of shares are traded daily in the public market, making it impossible to know whether each seller ultimately made a profit or a loss.Reuters reported that the method was reviewed by three finance professors and is considered a standard way to assess investment gains and losses. Trump holds 114.75 million shares of Trump Media, valued at approximately $460 million. These shares were acquired when the company completed its SPAC merger with Digital World Acquisition in 2024, without cash payment. The value of this holding once exceeded $6 billion when the stock price was near its peak. Operationally, Trump Media's annual revenue has remained around $4 million over the past three years, with the social media business not yet showing significant growth, and the decline in the value of cryptocurrency investments has also put pressure on the company.Regulatory documents show that the company invested over $200 million to build the Truth Social streaming service, but this service generated only about $630,000 in revenue from its launch in August 2024 until the end of June 2026. Additionally, the timing of the company's Bitcoin purchases was close to the price peak, followed by a significant decline. Reuters interviewed more than a dozen Trump Media shareholders. One investor, who invested 20% of their personal net worth in the stock, provided account data showing an investment loss of 88.5%. Since the midterm elections, the company's stock price has fallen a cumulative 32%. Trump Media emphasized that the company has established a strong balance sheet and is focused on creating shareholder value, including advancing the proposed merger with fusion company TAE Technologies.

The unemployment rate data for the United States in October will be released at 21:30 Beijing time tonight. Société Générale, Capital Economics, Danske Bank, High Frequency Economics, Barclays, JPMorgan Chase, Nomura Securities, and UBS expect it to be 4.1%; ING, Morgan Stanley, ANZ, Montreal, Berenberg, Bank of America Merrill Lynch, and Jefferies expect it to be 4.2%.Citigroup, Deutsche Bank, Daiwa Capital, Goldman Sachs, Commonwealth Bank of Australia, HSBC Holdings, ING, Sumitomo Mitsui Trust, Deutsche Bank, National Bank of Canada, Pantheon Macroeconomics, Standard Chartered, Stifel, Sparta Capital, Allied Irish Banks, TD Securities, and Wells Fargo expect it to be 4.2%; Mizuho Securities and Westpac expect it to be 4.3%. Reuters expects it to be 4.2%.

According to a report by Reuters, four insiders revealed that potential investors are skeptical about whether the artificial intelligence company Anthropic can complete its roadshow in the week after next and go public as planned in November. The roadshow was originally scheduled to start in the week of November 9, with pricing arrangements to take place the following week. Currently, some believe that the $1.5 trillion valuation cap is already anticipated; given Anthropic's consecutive quarterly losses and significant investments in AI partnerships, the company may need to offer a larger discount.Sources said that if AI-related assets continue to be under pressure, Anthropic may delay its IPO until market conditions are more stable. Anthropic declined to comment. Additionally, two other sources told Reuters that investors are also waiting for Anthropic's revenue data for October. This data was left blank in the company's updated S-1 filing, and investors hope to see if its growth has recovered from the recent slowdown.

According to a report by Reuters, South Korean chip manufacturer SK Hynix plans to raise funds for a new memory chip factory in New York by expanding production in China, but the necessary U.S. export licenses for equipment have not yet been approved, hindering its investment plans in the U.S. The company is applying for U.S. export licenses to acquire equipment for its Dalian factory, believing that increasing the factory's output and developing more advanced NAND chip manufacturing technology will help maintain competitiveness, generate revenue, and support the U.S. factory plan.Two informed sources said that SK Hynix's subsidiary Solidigm plans to invest about $45 billion to build two NAND flash memory factories in Marcy, New York, with a potential long-term investment of around $100 billion. Negotiations are ongoing, and whether the Dalian factory expansion plan can be approved is key to the New York factory plan. Since the end of August, Solidigm executives have met with U.S. Department of Commerce officials nearly 10 times, including meetings with Secretary of Commerce Gina Raimondo and Deputy Secretary Don Graves.Graves insisted last week that the U.S. does not wish to allow more American chip manufacturing equipment to be sent to China for technology upgrades or capacity expansion. The Department of Commerce has not yet formally rejected the license application for exporting equipment to the existing idle cleanroom at the Dalian factory. Solidigm stated that it is exploring options for building NAND flash wafer fabs at potential global locations and has not yet made decisions on any specific action plans. On October 23, SK Hynix stated that Solidigm had previously considered an IPO to assist in funding the construction of U.S. production facilities, but has paused the evaluation of listing options due to recent market conditions and stock price trends.

According to a report by Reuters citing informed sources, Binance is cooperating with law enforcement agencies around the world, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), to investigate the theft of approximately $6.3 billion in cryptocurrency.The U.S. Embassy in London stated that it would not comment on the matter, and the United States Secret Service has not yet responded to requests for comment.

A Reuters survey shows that high inflation in the global economy will persist until next year. Economists are concerned that rising energy costs and inflationary pressures caused by the Middle East conflict may be deeply entrenched.Since last year, global investment in the AI sector has exceeded $1 trillion. Most central banks have only raised interest rates a few times, and more central banks may take action to raise rates in the future.

A recent Reuters survey shows that the market's judgment on the Federal Reserve's interest rate outlook is changing. The expectation for an interest rate hike in October has cooled, but the surveyed economists collectively expect the Federal Reserve to raise rates again in December.In the survey conducted from October 16 to 20, 94 economists expect the Federal Reserve to maintain the federal funds rate in the range of 3.75% to 4.00% at the meeting on October 27 to 28. This judgment is consistent with the expectations reflected in market pricing, and this meeting is just days before the U.S. midterm elections in November.The interest rate expectations for December have shifted. In last month's survey, less than half of the economists expected the Federal Reserve to raise rates in December; in this survey, all 100 respondents expect a rate hike at that time.

A Reuters survey shows that 100 surveyed economists expect the Federal Reserve to raise interest rates in December 2026, while action may be paused in October.Among them, 94 expect that by the end of 2026, the federal funds rate will rise to 4.00% - 4.25%. In contrast, in the September survey, only 29 economists held this expectation out of 76 respondents.

According to Cointelegraph, a recent poll conducted by Reuters/Ipsos shows that a majority of American respondents oppose betting on U.S. elections and other government actions through prediction markets. The survey indicates that 69% of Democratic respondents and 61% of Republican respondents oppose using prediction markets to bet on election outcomes. The survey was conducted from September 30 to October 5, covering 4,506 adults nationwide.Aside from elections, even regarding betting on professional sports events, 43% of respondents expressed opposition, while only 29% indicated support. The prediction market industry is currently dominated by platforms such as Polymarket and Kalshi, which allow users to bet on U.S. elections, government policy trends, and sports events, and has sparked multiple lawsuits regarding regulatory authority.The Trump administration is pushing for federal regulation of the industry through the Commodity Futures Trading Commission (CFTC), while several states have expressed opposition to this. Previously, on October 8, Cointelegraph reported that 39 states and the District of Columbia submitted an amicus brief, indicating that the conflict between the CFTC and state authorities over prediction market issues has created a "national turf war" that cannot be resolved without a Supreme Court ruling.

According to Reuters, citing informed sources, after Anthropic disclosed its latest financial data, some existing and potential IPO investors are considering lowering their valuation expectations. At an investor event in San Francisco on October 14, some investors discussed a valuation of about $1.5 trillion, down from the previous expectation of about $2 trillion for the November IPO.Anthropic disclosed to investors that its third-quarter revenue grew 45% quarter-over-quarter to $16.8 billion, achieving adjusted profitability. However, second-quarter revenue had more than doubled quarter-over-quarter to $11.6 billion, and the slowdown in growth disappointed some investors. The aforementioned valuation is a discussion among investors and is not the final IPO pricing; Anthropic did not immediately respond to Reuters' request for comment.

Reuters quoted The Information's report stating that the Chinese government has signaled that it may allow some domestic companies, such as ByteDance and Alibaba, to purchase chips from Nvidia designed for high-end professional computers. The Information cited two informed sources saying that the Ministry of Industry and Information Technology recently requested companies, including ByteDance and Alibaba, to report their plans to purchase Nvidia RTX PRO 5500 chips and informed some companies that the government intends to approve these purchases.Some industry executives expect that the RTX PRO 5500 could bypass U.S. export restrictions. Reuters stated that it could not immediately verify the above report. A spokesperson for Nvidia responded that U.S. companies are still subject to outdated U.S. export controls as well as China's import restrictions on the U.S., with the relevant export controls covering gaming products released nearly five years ago. Alibaba and ByteDance did not immediately respond to requests for comment, and Reuters was also unable to reach the Chinese government for comment.

A Reuters survey shows that 55% of bond strategists expect the yield on the U.S. 10-year Treasury note to reach 5% within three months.

According to Business Insider, Thomson Reuters launched its first self-developed AI model, Thomson-1, on Monday. This model is based on Snowdon and constructed through "re-alignment" of Alibaba's open-source Qwen model. Open-source means anyone can download and modify the model for free. Thomson-1 will take over some tasks previously handled by Anthropic's Claude, but it is not intended to completely replace collaboration with Anthropic and other labs, initially focusing on the company's areas of expertise, starting with document review.This move aims to address the high AI costs brought by models like Claude and OpenAI Codex, and reflects the use of cheaper Chinese open-source AI. CTO Joel Hron stated that the main reason is to better leverage Thomson Reuters' own expertise and control costs. The company expanded its collaboration with Anthropic in May this year for the AI legal assistant CoCounsel, which still primarily relies on Claude. Hron said, "Our main goal is to gradually make Thomson the model that drives more and more capabilities for CoCounsel."Thomson Reuters, in collaboration with a team from Imperial College London, spent months transforming Qwen to build Snowdon and ensured it is "ethically and politically bias-processed and safe to use." Hron pointed out that having a proprietary model allows for development based on its own intellectual property rather than continuously paying external AI companies, comparing it to renting versus buying a house: renting provides shelter but does not accumulate long-term equity.

According to Reuters, Apple has trained a large language model for the Chinese market in collaboration with Alibaba. This move is different from Apple's previous strategy of relying on third-party models.Insiders revealed that Apple's AI toolkit, Apple Intelligence, is expected to launch in China in the coming months after an iOS update.

According to a report by Reuters, influenced by multiple factors such as the tense Sino-U.S. relations, China's push for domestic software alternatives, and U.S. export controls, Microsoft has closed at least 15 branches and joint ventures in China over the past five years, executing a strategic contraction. In 2023, the company internally considered exiting the Chinese market, as some executives believed that "the geopolitical risks outweighed the limited economic returns," but ultimately did not proceed with the exit. Microsoft disclosed in 2024 that its business in China accounted for only about 1.5% of its global revenue.The report states that Microsoft's final decision to remain in China was primarily due to the establishment of a profitable path—providing Azure cloud and AI services to Chinese companies like ByteDance and Shein, helping them operate compliantly in overseas markets. Additionally, the company believes that retaining its business in China remains strategically significant for acquiring engineering talent. However, analysts question the sustainability of this AI business model: the service relies on third-party models like OpenAI, and Chinese companies are increasingly adopting domestic alternatives like Kimi, which offer comparable performance at lower costs.Microsoft's research and development presence in China is also contracting. Its predecessor, Microsoft Research Asia, has successively established new labs in Vancouver, Singapore, and Tokyo. In 2024, the company offered job opportunities to 1,000 top engineers to relocate to the U.S. and three other countries, but only about one-third accepted, with most senior engineers moving to domestic universities and tech companies. A Microsoft spokesperson responded that the company will continue to commit to the Chinese market but did not comment on specific decision details. ByteDance and Shein did not respond to related inquiries.

According to a report by Reuters, the prediction market platform Polymarket issued a statement that it will challenge the decision of the French National Gaming Authority (ANJ) to block its website through legal proceedings.Last week, the ANJ ordered French internet service providers to block Polymarket on the grounds that the platform could lead to significant betting losses for users and that some bets were at risk of being manipulated. Polymarket expressed disappointment at ANJ's sudden decision.