Bloomberg coverage.

Bitcoin Stolen in Binance Hack Is Likely ‘Gone,’ Ballet Says - Bloomberg.com

Bitcoin Stolen in Binance Hack Is Likely ‘Gone,’ Ballet Says Bloomberg.com…

Intel Plunges After PC Slump and Supply Snags Hurt Outlook - Bloomberg.com

Intel Plunges After PC Slump and Supply Snags Hurt Outlook Bloomberg.com…

Taiwan Stocks Heads for Correction as Global AI Selloff Deepens - Bloomberg.com

Taiwan Stocks Heads for Correction as Global AI Selloff Deepens Bloomberg.com…

Binance Estimates $6.3 Billion Hacked in Crypto's Biggest Heist - Bloomberg.com

Binance Estimates $6.3 Billion Hacked in Crypto's Biggest Heist Bloomberg.com…

Sources: Indian AI infrastructure company AM Intelligence seeks to raise as much as $3B to fund a previously announced purchase of Nvidia Vera Rubin systems (Bloomberg)

NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets with Trade.xyz, a market operator on the crypto platform, and takes a stake in Trade.xyz (Katherine Doherty/Bloomberg)

Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains (Olga Kharif/Bloomberg)

Roblox reports Q3 bookings down 12% YoY to $1.7B, vs. $1.63B est., and DAUs down 9% to 138M, vs. 145.8M est.; RBLX drops 16%+ after hours (Cecilia D'Anastasio/Bloomberg)

Amazon spent $77B+ on property and equipment in Q3, leading to a free cash outflow of $42.4B; Amazon said in July that it would likely spend $220B in 2026 capex (Matt Day/Bloomberg)

Source: Anthropic is "Customer B" cited by SpaceX in a filing as its single largest customer accounting for 34.5% of Q3 revenue, surpassing the US government (Bloomberg)

Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2 (Davey Alba/Bloomberg)

Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation (Bloomberg)

Sources: Situational Awareness is pitching clients to invest in Fluidstack alongside it in a round that values the neocloud at $40B, up from $18B in September (Bloomberg)

Wabi, which is building an AI assistant that integrates into group chats and can take actions like booking appointments, raised $55M at a $1.25B valuation (Micah Barkley/Bloomberg)

Sources: Microsoft is seeking to raise $25B+ in its first US investment-grade bond sale since 2017, when it raised $17B, to fund AI-related capital expenditures (Bloomberg)

Jio Platforms adds $36B in market value in two trading sessions, hitting a $144B market cap, up from its ~$108B IPO valuation, after India's biggest-ever IPO (Ashutosh Joshi/Bloomberg)

Sierra Club expects US power emissions to hit 2.1B metric tons by 2030, up 42% on 2025 and erasing 15 years of cuts, with off-grid data centers matching Mexico (Bloomberg)

Sources: Bloomberg, Susquehanna, and Jump Trading signed up for Truth Social's fast API feed of President Trump's posts, paying $60K to $100K per month (Reuters)

A profile of Nscale CEO Josh Payne, who is proceeding with plans for a US IPO that sources say, is targeting a $30B valuation despite some investor pushback (Mark Bergen/Bloomberg)

Gold Edges Lower After Fed Holds Rates With Limited Guidance - Bloomberg.com

Gold Edges Lower After Fed Holds Rates With Limited Guidance Bloomberg.com…

FuriosaAI Quadruples Valuation to $2.9 Billion in Nvidia Chase - Bloomberg.com

FuriosaAI Quadruples Valuation to $2.9 Billion in Nvidia Chase Bloomberg.com…

ING Announces Job Cuts as Quarterly Profit Misses Estimates - Bloomberg.com

ING Announces Job Cuts as Quarterly Profit Misses Estimates Bloomberg.com…

Marvell Is Said to Near Megadeal for Lumentum In AI Push - Bloomberg.com

Marvell Is Said to Near Megadeal for Lumentum In AI Push Bloomberg.com…

Deutsche Telekom Is Said to Hit Brakes on Giant T-Mobile Merger - Bloomberg.com

Deutsche Telekom Is Said to Hit Brakes on Giant T-Mobile Merger Bloomberg.com…

How Maynard v. Snapchat, a 2016 lawsuit linked to a car crash involving Snapchat's speed filter, sparked social media's legal reckoning over user safety (Olivia Carville/Bloomberg)

Olivia Carville / Bloomberg : How Maynard v. Snapchat, a 2016 lawsuit linked to a car crash involving Snapchat's speed filter, sparked social media's legal reckoning over user safe…

A profile of Tencent Cloud CEO Dowson Tong, who is shifting Tencent's AI focus toward businesses and betting on its Claude Cowork-style assistant WorkBuddy (Bloomberg)

National Student Clearinghouse: US computer science enrollment fell 12%+ for undergrads and 10%+ for grad students this fall, as AI reduces coding jobs (Elizabeth Rembert/Bloomberg)

Samsung shares fall as much as 6.6% as a lack of a new shareholder return plan, higher capex, and its chip unit's profit miss weigh on investor sentiment (Bloomberg)

Samsung expects capex to rise ~60% to ~$63B this year, with HBM capacity sold out through 2027 and 10 long-term supply deals secured with key customers (Bloomberg)

DoorDash moves its Q3 earnings release from November 4 to before the market opens on October 29, amid reports of an imminent ~$17B deal to acquire Instacart (Ville Heiskanen/Bloomberg)

Samsung Electronics Shares Slide After Return Plan Is Delayed - Bloomberg

Samsung Electronics Shares Slide After Return Plan Is Delayed Bloomberg…

Jio’s Rise Was Shaped by a Billionaire Family Feud, an American Tech Titan and a Bureaucrat - Bloomberg

Jio’s Rise Was Shaped by a Billionaire Family Feud, an American Tech Titan and a Bureaucrat Bloomberg…

Tech Rally Stalls as Alphabet, Samsung Disappoint: Markets Wrap - Bloomberg.com

Tech Rally Stalls as Alphabet, Samsung Disappoint: Markets Wrap Bloomberg.com…

Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M (Yoolim Lee/Bloomberg)

Sources: Marvell is in advanced talks to buy data center optics maker Lumentum, whose market value is ~$83B; the deal could be announced as soon as next week (Bloomberg)

ServiceNow reports Q3 subscription revenue up 21% YoY to $3.99B, forecasts Q4 current remaining performance obligations below est.; NOW drops 15%+ after hours (Brody Ford/Bloomberg)

NY Gov. Kathy Hochul signs bills banning AI chatbots from using "unsafe features" for minors and requiring security features in internet-connected baby monitors (Raga Justin/Bloomberg Government)

Chinese PCB maker Dongshan rises on its Hong Kong debut, after raising ~$1.3B in an IPO, below its $3B goal, at a $30B valuation, amid a tricky IPO market (Sangmi Cha/Bloomberg)

Samsung unveils the $229 Galaxy Buds On, its first open-fit, C-shaped cuff earbuds to compete with Sony and Bose, designed with AI's help, shipping November 6 (Chris Welch/Bloomberg)

Amazon unveils the $500 Echo Show 16, the $200 Echo Time alarm, and the $200+ Alexa Photo Frame, raises smart speaker prices, and previews Alexa Home Map (Chris Welch/Bloomberg)

Chinese AI chipmaker Moore Threads reports Q3 revenue up 1,774% YoY to ~$240M and a ~$7.4M net profit; Moore is building a domestic 100K-GPU cluster with JD.com (Rachel Yeo/Bloomberg)

AI and cloud cybersecurity startup Upwind Security raised $400M led by Bessemer at a $3.8B valuation, up from $1.5B in January, for $830M in total funding (Marissa Newman/Bloomberg)

Anthropic IPO Shutout Sends Asia’s Investors Into Proxy Bets - Bloomberg.com

Anthropic IPO Shutout Sends Asia’s Investors Into Proxy Bets Bloomberg.com…

US-Friendly Nations Slash Treasury Purchases by 60%, Led by Asia - Bloomberg.com

US-Friendly Nations Slash Treasury Purchases by 60%, Led by Asia Bloomberg.com…

Netanyahu Overtakes Eisenkot With Half Israeli Votes Counted - Bloomberg.com

Netanyahu Overtakes Eisenkot With Half Israeli Votes Counted Bloomberg.com…

Is a custom financial LLM a mirage? Lessons from BloombergGPT for IT leaders

Dongshan Precision Set to Debut After $1.3 Billion HK Listing - Bloomberg.com

Dongshan Precision Set to Debut After $1.3 Billion HK Listing Bloomberg.com…

Asian Stocks Set to Gain on Resurgent AI Optimism: Markets Wrap - Bloomberg.com

Asian Stocks Set to Gain on Resurgent AI Optimism: Markets Wrap Bloomberg.com…

OpenAI Plans to Buy Google’s Chips as Part of Its AI Build-Out - Bloomberg.com

NXP reports Q3 revenue up 19% YoY to $3.79B, vs. $3.76B est., and forecasts Q4 revenue below estimates; NXPI drops 7%+ after hours (Christina Kyriasoglou/Bloomberg)

Source: Apple has discussed charging $2,899 for the 14-inch MacBook Pro with an OLED XDR touch screen and M5 Pro chip, $400 more than the current M5 Pro model (Mark Gurman/Bloomberg)

Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg)

Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)

OpenAI Sued Alleging ChatGPT Gave Fatal Epilepsy Medical Advice - Bloomberg Law News

Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (Natasha Mascarenhas/Bloomberg)

Anduril and Qualcomm unveil BlueChip, a line of laptops designed and assembled in the US for defense and government; Anduril will begin taking orders in 2027 (Bloomberg)

The FCC warns TP-Link that three routers exceeded power limits and it may have submitted "false or incorrect information", a move that could allow further bans (Bloomberg)

Hyphenate, which develops reinforcement-learning-driven AI agents to automate corporate finance tasks, raised a $45M Series A, taking its total funding to $54M (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Hyphenate, which develops reinforcement-learning-driven AI agents to automate corporate finance tasks, raised a $45M Series A, taking its total funding to…

A US federal judge orders the Trump administration to halt a ban prohibiting the Pentagon from doing business with companies lobbying for Alibaba (Peter Blumberg/Bloomberg)

Broadcom arranges a $63B deal with BofA, Blackstone, Citi, and Morgan Stanley to finance the purchase of chips for Anthropic via a new special purpose vehicle (Lynn Doan/Bloomberg)