wing

According to Axios, Alphabet (GOOG.O) subsidiary Wing has invested $125 million in the drone delivery business.

Robinhood announced the launch of its IPO Access service in the UK, allowing retail investors to submit purchase requests at the official offering price before new stocks officially trade on the US market. Users can submit applications through their regular investment accounts, with the app providing the prospectus and SEC documents for each available new stock for investors to review before deciding whether to subscribe. Robinhood stated that it is collaborating with a UK public offering platform provider to offer access to eligible initial public offerings.This service was first launched in the US in 2021, and Robinhood claims to have participated in over 50 IPOs since then, opening it up to millions of US customers. Jordan Sinclair, President of Robinhood UK, stated that bringing IPO Access to the UK aims to provide the same opportunities for UK retail investors to participate in investments in the next generation of innovative public companies.This launch is a continuation of Robinhood's expansion in the UK. Last year, the company acquired the exchange Bitstamp for $200 million and opened cryptocurrency trading to eligible UK customers through Bitstamp in August of this year, supporting the buying and selling of over 50 cryptocurrencies in its main UK investment app, alongside stocks, ISAs, options, and futures. In July of this year, Robinhood launched the Robinhood Chain mainnet and provided eligible users with 24/7 trading of tokenized stock products. Robinhood stated that there are no commissions for IPO subscriptions but cautioned that participating in IPO investments carries significant risks, with stock price volatility potentially being high, especially in the early stages of listing.

Vitalik Buterin posted on the X platform expressing disagreement with the recent strong negative reactions against the anti-data center movement, believing that the overall benefits of slowing down the massive expansion of computing power outweigh the drawbacks.Vitalik pointed out that with continuous advancements in algorithms, the AI capabilities that will require larger-scale data centers in the next two years may be achievable through existing data centers in about four years or even a shorter time. Therefore, even if the anti-data center movement achieves significant results, it may not necessarily lead to catastrophic consequences.He further stated that the world needs more time to address the already evident cybersecurity threats and potential future risks such as biosecurity. At the same time, scientific research is constrained by many factors beyond AI, so a one-year slowdown in AI development may result in a practical delay in scientific progress that is much less than a year. He emphasized that this judgment does not rely on the controversial AI doomsday risk theory.

Linda Xie, co-founder of Scalar Capital and former product lead at Coinbase, published a review of her personal angel investment situation over the past 10 years, stating that she has invested in a total of 50 companies, with 60% in the cryptocurrency sector, 10% in the AI sector, and the remainder distributed across other industries.Currently, there have been 6 investments that have returned more than the initial investment, all from the cryptocurrency sector, with 5 coming from token warrants and 1 from equity, but none of these covered the entire investment portfolio individually. The highest paper return on investment, which far exceeds other projects, comes from an AI company; if it can be monetized, its return could theoretically cover the entire portfolio's investment.Additionally, 12 companies have officially shut down or exited through talent acquisition, with 7 investments returning zero, 4 returning 80% to 90% of the initial investment, and 1 result pending. The above statistics only cover her personal equity investments and do not include the funds under her management or directly held cryptocurrency assets such as Bitcoin and Ethereum.

Coinbase posted on platform X that users can now borrow USDC in the United States, except for New York State, by collateralizing PAX Gold (PAXG).

According to a report by Bloomberg, the U.S. Department of Labor's final rule aimed at facilitating the inclusion of alternative assets such as private equity, real estate, and cryptocurrencies in retirement plans has been submitted to the Office of Information and Regulatory Affairs (OIRA) for review on Thursday. This submission indicates that the rule is nearing completion and public release, but is still in the review stage.The Department of Labor announced the relevant proposal on March 30. According to the previous proposal, trustees can obtain legal safe harbor protection when including private assets in 401(k) plan investment options, provided they meet six criteria. These six criteria are investment performance, fees, liquidity, valuation, performance benchmarks, and complexity.

The U.S. Commodity Futures Trading Commission (CFTC) Clearing and Risk Division issued a no-action letter clarifying whether derivatives clearing organizations can use trust companies for the daily settlement of clearing members.The letter states that derivatives clearing organizations may consider trust companies as settlement banks that meet applicable CFTC requirements, allowing them to use these for daily settlements.

According to Gate market data, the South Korean KOSPI index continues to rebound, with the decline narrowing to less than 4%.

Last night and this morning, U.S. stocks fell sharply. Wall Street traders mentioned that algorithmic and programmatic selling exacerbated market volatility during this decline. A Goldman Sachs stock trader stated that the pain level of today's market is extremely high. Goldman Sachs trader John Flood pointed out that institutional buying has once again hit a stalemate, and the massive cloud computing positions bought by hedge funds during yesterday's rebound are being rapidly sold off, with no buyers stepping in to take over yet.Several senior traders described the liquidity state at the opening of U.S. stocks as having strong characteristics of liquidation, noting that algorithmic and CTA fund programmatic selling intensified the initial straight drop without buyers. According to Vanda Research, the scale of retail selling in the first 30 minutes of trading on Thursday set a record for the largest single 30-minute sell-off in recent months, approaching the peak during the retail panic exit at the end of July 2024.

According to Gate market data, U.S. stocks closed on Wednesday with the Dow Jones Industrial Average rising by 3%, the S&P 500 index increasing by 1.58%, and the Nasdaq rising by 1.44%. Trump Media & Technology Group plummeted by 24%, SpaceX and Tesla fell over 3%, SK Hynix dropped by 5%, Micron Technology decreased by 7%, and NVIDIA fell by 3%. Apple rose by 5%, Amazon increased by 6%, and Microsoft climbed by 6.6%. The Nasdaq Golden Dragon China Index closed up by 3.48%, with Alibaba rising by 5%.

The 2026 U.S. midterm elections are being held today, with voters deciding the allocation of all 435 seats in the House of Representatives and 35 seats in the Senate, which will shape the power dynamics of President Trump's remaining term.As of around 8 PM Eastern Time on November 3, early results have begun to emerge: approximately 10 Senate races have been called, with the Democrats holding 43 seats, the Republicans 32 seats, and the Democrats achieving a net gain of 1 seat; about 64 House races have been called, with the Democrats at 45 seats and the Republicans at 19 seats.Early voting and partial counts in Eastern states show strong Democratic performance, with the Democrats temporarily leading in some Republican-held seats in Ohio, South Carolina, and Texas, but polling places in the West are still open or counting, and results in many key swing states are not yet in, leaving overall control undetermined. The fierce election battle may take several days or even longer to reveal the final outcome.If the Republicans suffer losses in the 2026 midterm elections (especially if swept by the Democrats in both chambers), it would mean a significant limitation on Trump's legislative dominance for the remainder of his term, pushing him into a "lame duck" status sooner: the Democrats would gain committee investigative powers, initiating oversight and even impeachment attempts regarding the Iran conflict, government spending, and family business interests (including crypto-related projects), while a Senate flip would also hinder his personnel and judicial nominations.For the crypto market, this outcome is overall negative but not catastrophic. The Trump administration had previously pushed for frameworks like the GENIUS Act for stablecoins and appointed friendly regulators, but the key CLARITY Act (market structure bill) has failed in the Senate procedural vote. If the Democrats control Congress, it is likely that committees will be led by skeptical figures like Elizabeth Warren, leading to further delays or shelving of regulatory legislation, and increasing scrutiny of the industry and Trump-related crypto projects, which could exacerbate policy uncertainty and create price pressure in the short term.

According to a report by the Korean Central News Agency cited by the Korean News Agency, Kim Yo-jong, the Minister of the General Affairs of the Workers' Party of Korea, made a statement on the Binance hacking incident on the 4th, marking her second comment on the matter within three days.Kim Yo-jong stated that North Korea does not view the Binance hacking incident as an accidental or isolated event, but rather as an extension of Washington's hostile policy towards North Korea, with the United States attempting to gain political benefits from this incident. She expressed that "dialogue is clearly included" among the options for maintaining peace, but for North Korea, dialogue does not necessarily equate to national interests; there is no need for North Korea to sit down with "untrustworthy and hostile individuals," and she hinted at the possibility of taking strong countermeasures.Previously, on November 2, Kim Yo-jong had made a statement saying that the allegations were "a political provocation by the United States" and "absurd rumors." U.S. President Trump had previously stated that if North Korea was behind the hacking incident, he would communicate with North Korea about it.

According to Catcher Predict monitoring, the probability of the option "Yes" in the event "Republican Victory Prediction in Senate Swing States" on the prediction market Polymarket has experienced significant fluctuations, soaring from 32.5% an hour ago to the current 48.5% (a fluctuation of 16%). Please note the impact of related breaking news.

The official account of the AI assistant Grok Bot stated that its team has developed a Team Bot called "Data Bot," allowing everyone in the company to receive data scientist-level support on demand.According to the introduction, product managers use it to investigate product usage, marketing personnel use it to measure the effectiveness of marketing campaigns, and various teams within the company use it to build data dashboards and track key metrics.

According to on-chain analyst Yu Jin's monitoring, a certain address has transferred out approximately 3.9 million LIT (worth 12.21 million USD), with 1.5 million each flowing into OKX and Bybit, and another 900,000 transferred to a marked address of Galaxy Digital.

According to Catcher Predict monitoring on-chain data, large capital movements are predicted in the Polymarket market. A large whale invested $52,000 in the option "Republicans winning the Senate swing states" for the "Yes" option. Based on the current transaction price, the latest corresponding winning probability for this option is 26%.

According to Fidelity's statistics, since 1938, the probability of the S&P 500 index recording an increase in the 12 months following the U.S. midterm elections is 95%, with an average return of about 14%. In contrast, the average return in the second year of a presidential term (i.e., midterm election year) is only about 5%.Additionally, statistics from several institutions show that after 19 midterm elections since 1950, the S&P 500 has risen in all cases in the following 12 months, with an average increase of about 15%. The weakest increase was about 1% after 1986, while the strongest was about 33% after 1954. It only declined by about 5% after 1938 and remained basically flat after 1946.The upcoming U.S. midterm elections will be held on November 3. So far this year, the S&P 500 has risen by more than 11%, with the maximum drawdown of about 9%, which is about half of the average drawdown in midterm election years, showing stronger performance than historical norms. Fidelity points out that this pattern is not related to which party wins, but past performance does not guarantee future results.

As global artificial intelligence-related stocks face a sell-off, the scale of foreign capital withdrawal from the Taiwan stock market in October reached a historical high, with a net sell-off of stocks valued at 31.78 billion USD.The Taiwan Weighted Index is approaching a technical correction zone, and the Taiwan stock market, dominated by semiconductor stocks, faces further downside risks.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale sold $74,471.48 in a single transaction regarding the event "Which swing states can the Republican Party win?" for "IA". Based on the current transaction price, the latest corresponding winning probability for this subject is 89%.