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Meta announced its third-quarter 2026 performance early this morning Beijing time, with revenue of $64.601 billion, a year-on-year increase of 26%, exceeding market consensus expectations (approximately $63.3 to $63.7 billion). Net profit was $9.860 billion, a year-on-year increase of 264%, with a GAAP diluted earnings per share of $3.83.Operating profit decreased by 37% year-on-year to $12.988 billion, and the operating profit margin fell to about 20% (compared to about 40% in the same period last year), mainly due to a legal expense of $9.89 billion. This expense is related to the agreement reached with the attorneys general of various states in the U.S. regarding lawsuits related to youth mental health and social media, with a total payment cap of approximately $18.59 billion. Excluding this expense, operating profit was $22.88 billion, corresponding to an adjusted diluted earnings per share of approximately $7.40.The significant year-on-year growth in net profit was also influenced by the low base effect of the previous year's effective tax rate, which was as high as 87%; the effective tax rate for this quarter was 24%. Ad impressions increased by 10% year-on-year, and the average ad price rose by 14%. Family daily active people were approximately 3.64 billion, a year-on-year increase of 3%. Family of Apps revenue was approximately $64.16 billion, of which ad revenue was about $63.06 billion; Reality Labs revenue was approximately $443 million, with an operating loss of about $4.13 billion.Capital expenditures for the third quarter (including principal payments on finance leases) were approximately $34.9 billion, with free cash flow of negative $2.12 billion, and cash, cash equivalents, and marketable securities at the end of the quarter were approximately $82.4 billion. The company expects fourth-quarter revenue to be between $73 billion and $76 billion. The full-year capital expenditure guidance has been narrowed to $135 billion to $145 billion, and the full-year expense guidance has been raised to $175 billion to $179 billion, mainly due to the inclusion of legal expenses; excluding this expense, full-year operating profit is still expected to be higher than in 2025. The company also expects Reality Labs operating losses in 2026 to be approximately $18 to $19 billion, with hopes of narrowing next year.According to Gate market data, possibly influenced by the earnings report information, META's stock price rose by 2.17% in after-hours trading.

Bitcoin has been trapped in the range of $80,000 to $84,000 for the past two weeks. Huobi HTX's chief analyst Cloud believes that this is essentially a balance of two opposing forces: ETFs have seen a net outflow for two consecutive weeks, while exchange holdings continue to flow out, and long-term holders are only moderately cashing out. In the week leading up to the Federal Reserve's interest rate decision, Bitcoin is likely to continue waiting in this range. The CME has only priced in a 16% chance of a rate hike in October, while economists generally believe it is close to a 50-50 chance. This discrepancy in pricing and opinions will make funds hesitant to bet in advance.If a direction is chosen in advance, the possibility of a downward test is slightly higher: the funding rate remains high, and the options skew continues to lean towards puts, indicating that bulls have not yet cleared out, and the demand for downside protection is still increasing. However, there has been effective support formed multiple times below $80,000 in the past month, making a downward breakout more likely to be a false breakout.Confirmation signals for a breakout are divided into two groups: for an upward breakout, the daily close needs to be above $84,200, with a cumulative net inflow of over $500 million into ETFs for three consecutive days, and the funding rate not exceeding 15%; for a downward breakout, it must fall below $79,800, with a single-week ETF outflow exceeding $500 million, while exchange funds turn into net inflows. The true source of direction will come from the interest rate decision announced at midnight on October 29, Beijing time, and the nearly 89% pricing for a rate hike in December.Note: The content of this article is not investment advice and does not constitute any offer, solicitation, or recommendation for any investment products.

The 2026 Financial Street Forum Annual Conference opened in the afternoon on Financial Street, Beijing, and will last until October 22. The theme is "Openness · Cooperation · Inclusiveness ------ Building a New Ecosystem for Global Financial Development Together," with over 400 guests from more than 40 countries and regions attending.Pan Gongsheng, Governor of the People's Bank of China, Ding Xiangqun, Director of the Financial Regulatory Administration, Wu Qing, Chairman of the Securities Regulatory Commission, and Zhu Hexin, Director of the Foreign Exchange Bureau, will deliver keynote speeches. The forum plans to hold 21 thematic activities and 3 special conferences, among which the Financial Technology Conference will focus on topics such as blockchain and artificial intelligence, and aims to release results such as the central bank's digital renminbi system and the digital renminbi smart contract ecological service framework.

Federal Reserve Chairman Waller: We will hold several more monetary policy meetings this year, which will be a key moment for forming clear conclusions. Policy judgments will be made at the meetings in October and December.

A spokesperson for the Federal Trade Commission (FTC) stated that the Trump Artificial Intelligence Task Force will hold a meeting on Thursday.

According to Gate market data, the Nikkei 225 index closed down 3318.34 points on October 15, with a decline of 4.90%, reporting at 64425.95 points. The South Korean KOSPI index also closed down 454.54 points on the same day, with a decline of 7.56%, reporting at 5554.27 points.During the trading session, the South Korean stock market once fell more than 9%, triggering the circuit breaker mechanism for the tenth time this year. The South Korean financial regulatory agency held an emergency meeting in the afternoon regarding the stock market, and subsequently, the market's decline narrowed. SK Hynix initially closed down 11.06%, while Samsung Electronics fell 9.48%.

According to official news, the South Korean financial regulatory agency issued a statement that it will hold an emergency meeting to discuss the stock market. (Jinshi)

According to Beating reports, Tencent announced a deep integration of WeChat Work and WorkBuddy. In the new version of WeChat Work 5.0.12, WorkBuddy enters the corporate address book, allowing employees to chat with it, assign tasks, or pull it into work groups just like they would with colleagues, for summarizing group chats, organizing meeting to-dos, drafting emails, and returning results directly upon completion.WorkBuddy 5.8.0 supports logging in with a WeChat Work account. Within the scope of corporate authorization, it can access 10 office capabilities including chat messages, documents, meetings, and WeChat Cloud. Employees do not need to repeatedly upload materials, as they can handle tasks by combining previous discussions and project files, with results saved to WeChat Cloud with one click. The WorkBuddy bot can also connect to WeChat Work's built-in AI assistant "DaYuan" to collaboratively handle more complex tasks.Administrators can assign WorkBuddy accounts, set data access permissions, and through the "Observability Center," which will begin public testing on October 13, view the points consumption of various departments, model usage, task duration, and track which specific execution steps encountered issues. The new interoperability features are open to certified WeChat Work enterprises and offer a limited free trial quota.

The International Monetary Fund (IMF) and World Bank annual meetings are being held this week in Bangkok, gathering central bank governors from multiple countries. Federal Reserve Chair Waller will deliver a speech on Friday, with key topics including economic growth, debt, and geopolitics. IMF President Kristalina Georgieva hinted that the new edition of the World Economic Outlook is not optimistic due to high energy prices, record global public debt, and tensions in the bond market. Conflicts in the Middle East and Ukraine, as well as AI regulation, will also be focal points of attention.

According to the official schedule of the Bangkok Annual Meeting released by the International Monetary Fund (IMF), Federal Reserve Chairman Waller has confirmed his attendance and is scheduled to deliver a public speech on October 16 local time. This schedule has been included in the agenda by the IMF Bangkok Annual Meeting Organizing Committee.The related agenda indicates that his speech will focus on the current macroeconomic situation and monetary policy framework, with the specific content of the speech to be disclosed on-site.

The Federal Reserve meeting minutes show that some participants believe the development of artificial intelligence may lead to total demand exceeding supply in the medium term, thereby putting upward pressure on inflation.

The Federal Reserve will release the minutes of the September monetary policy meeting at 2 AM on October 7, which is expected to show that officials have differing views on the future path of interest rates.Dallas Fed President Logan believes that two rate hikes are needed to control inflation, while New York Fed President Williams and Vice President Jefferson advocate for patiently waiting for new data.

French President Macron will host a video call with G7 leaders this Friday to discuss measures to address the global crude oil and refined oil markets. Macron has spoken on the phone with U.S. President Trump and Canadian Prime Minister Trudeau, and has requested EU partners to release additional diesel stocks in response to U.S. supply demands.

According to sources, NVIDIA (NVDA.O) CEO Jensen Huang is expected to attend a meeting at the White House on Tuesday local time.

Strategy announced that the special shareholders' meeting is scheduled to be held online on October 28 at 10:00 AM (Eastern Time), with the record date for stock ownership set for September 25, where common stock shareholders will vote.Previously, Strategy indicated that it plans to change the dividends for STRF, STRC, STRK, and STRD to be accrued daily, and related matters will be voted on at this shareholders' meeting.

The Financial Times of the UK reported, citing the latest court documents, that after Apple integrated ChatGPT into Apple Intelligence, OpenAI found that the new weekly active users were below expectations and began to lower its growth forecasts. By the summer of 2025, OpenAI internally believed that this integration was significantly underperforming. The documents show that ChatGPT is turned off by default in Apple Intelligence, and users need to actively enable it, which may limit the actual usage rate.Users can access ChatGPT through Siri and the system writing tool, but Apple controls the entry point for AI features, the method of invocation, and the subsequent model selection. OpenAI had previously hoped to expand ChatGPT coverage and drive paid subscription conversion through the iPhone user base, but the actual subscription conversion was also below expectations, and the documents did not disclose specific new user and subscription numbers. This year, Apple chose Google Gemini as the model foundation for the new version of Siri AI, with related disclosures coming from the litigation documents between Apple and OpenAI, reflecting OpenAI's position in the lawsuit rather than operational data publicly released by the two companies.

On September 15, the United Nations Security Council held an emergency meeting regarding the situation in the Bab-el-Mandeb Strait. United Nations Assistant Secretary-General Khaled Heyaari reported that the situation in the Bab-el-Mandeb Strait and surrounding areas is increasingly turbulent, with escalating conflict on Yemen's western coast.The escalation of the situation could have serious implications for international peace and security, the global energy market, food security, and the economies of multiple countries. The United Nations calls on all parties to exercise restraint and to promote a political solution to the Yemen issue through dialogue.