📡 Hourly News | 18:00–19:00

1. RecodeX reports that Cerebras shares rose 6% in premarket trading. OpenAI CEO Sam Altman told investors that Cerebras is a “close partner” of the company, easing market concerns about the relationship between the two.

2. RecodeX reports that Norway plans to propose a temporary ban on the use of AI glasses in some public places. The proposal targets smart glasses with photo-taking or recognition capabilities. The specific locations covered and the duration of the ban have not been specified in the available information.

3. RecodeX reports that OpenAI announced on October 5, 2026, the launch of a new visual ad format in ChatGPT and an expansion of the measurement tools and partner ecosystem behind ChatGPT Ads. The new format uses images to showcase product inspiration, use cases, or experiences made possible by products. OpenAI said it is working with DoubleVerify and Integral Ad Science to develop a brand suitability assessment pilot, and said the platform reaches 1.2 billion people weekly.

4. RecodeX reports that New York silver futures rose 3.00% intraday, with the latest quote at $62.24 per ounce.

5. RecodeX reports that Vivek Ramaswamy, the Republican candidate for governor of Ohio, owns a stake in a digital asset management company and has received donations from several people in the crypto industry. But in this gubernatorial race, he has not made cryptocurrency a central issue as he did during his previous presidential campaign, and has spoken about it much less.

6. RecodeX reports that BofA raised its Coinbase price target from $174 to $203 and maintained its Buy rating. The bank also raised its 2027–2028 earnings-per-share estimates, citing expectations of stronger stablecoin revenue. However, it lowered its near-term earnings forecasts due to weak crypto trading volumes. Despite the slowdown in trading volume, Bitcoin and Ethereum rose 43% and 70%, respectively, in the third quarter.

7. RecodeX reports that Israel began holding ceremonies on October 5 to mark the third anniversary of the latest round of the Israeli-Palestinian conflict, which erupted on October 7, 2023. In a speech, Israeli Prime Minister Benjamin Netanyahu reiterated his hard-line military stance toward the Gaza Strip and Lebanon, saying Hamas could never rule Gaza again. He said the Israeli military would continue to eliminate those involved in the attacks and hostage-taking, and would keep striking Hezbollah in Lebanon. He also accused Iran of threatening Israel’s security through its regional network of armed groups and missile program, saying the Iranian regime is at its weakest point.

8. RecodeX reports that Vaxcyte shares surged more than 25% in premarket trading after the company announced that its pneumococcal vaccine had met the objectives of a late-stage clinical trial.