🔥 Bafang Evening Brief | 10.26 U.S. Stocks + Crypto Highlights
🇺🇸 U.S. Stocks
📈 All three major indexes rose in morning trading: the Dow and S&P 500 gained about 0.7%, while the Nasdaq rose about 0.6%.
🤖 Anthropic officially made its S-1 public and plans to list on the Nasdaq under the ticker ANT. First-half revenue was $16.29 billion, up a staggering 1,304% year over year! AI sentiment is bouncing back, with Nvidia, Micron, Broadcom, and AMD all rising.
🚗 Barclays upgraded $TSLA to “Overweight” and raised its price target from $370 to $450, betting on a Tesla–SpaceX merger and the expansion of Robotaxi. Shares briefly rose more than 6% in morning trading.
🛢 Brent crude pulled back to around $115, easing inflationary pressure somewhat.
📅 A blockbuster week ahead: Fed rate decision on Wednesday (futures imply about a 90% chance of no change), plus earnings from Google and Microsoft; Amazon and Intel follow on Thursday.
🪙 Crypto
🟠 $BTC continues to seesaw around the $80,000 mark, down about 3.4% for the week. Around $815 million in positions were liquidated across the market in the past 24 hours.
💰 Spot BTC ETFs still saw net inflows of about $300 million last week, but recorded $635 million in outflows on Thursday alone—the largest daily outflow since June.
🔷 $ETH is hovering around $2,320, while ETH ETFs have seen net outflows for four straight weeks.
🎯 Prediction markets: Kalshi announced a partnership with S&P Dow Jones Indices. Future contracts will settle based on official S&P indices, as the sector continues moving into the mainstream.
💬 Bafang’s take: The AI narrative is getting a lifeline from Anthropic, while crypto is still waiting for funds to flow back in. Wednesday’s rate decision is the biggest wildcard this week, so don’t get too heavily positioned.
What do you think will happen after the rate decision: will BTC first fall below $75,000, or reclaim $85,000? Join the discussion in the comments 👇
(For informational purposes only; not investment advice.)
#美股 #币圈 #AI
🇺🇸 U.S. Stocks
📈 All three major indexes rose in morning trading: the Dow and S&P 500 gained about 0.7%, while the Nasdaq rose about 0.6%.
🤖 Anthropic officially made its S-1 public and plans to list on the Nasdaq under the ticker ANT. First-half revenue was $16.29 billion, up a staggering 1,304% year over year! AI sentiment is bouncing back, with Nvidia, Micron, Broadcom, and AMD all rising.
🚗 Barclays upgraded $TSLA to “Overweight” and raised its price target from $370 to $450, betting on a Tesla–SpaceX merger and the expansion of Robotaxi. Shares briefly rose more than 6% in morning trading.
🛢 Brent crude pulled back to around $115, easing inflationary pressure somewhat.
📅 A blockbuster week ahead: Fed rate decision on Wednesday (futures imply about a 90% chance of no change), plus earnings from Google and Microsoft; Amazon and Intel follow on Thursday.
🪙 Crypto
🟠 $BTC continues to seesaw around the $80,000 mark, down about 3.4% for the week. Around $815 million in positions were liquidated across the market in the past 24 hours.
💰 Spot BTC ETFs still saw net inflows of about $300 million last week, but recorded $635 million in outflows on Thursday alone—the largest daily outflow since June.
🔷 $ETH is hovering around $2,320, while ETH ETFs have seen net outflows for four straight weeks.
🎯 Prediction markets: Kalshi announced a partnership with S&P Dow Jones Indices. Future contracts will settle based on official S&P indices, as the sector continues moving into the mainstream.
💬 Bafang’s take: The AI narrative is getting a lifeline from Anthropic, while crypto is still waiting for funds to flow back in. Wednesday’s rate decision is the biggest wildcard this week, so don’t get too heavily positioned.
What do you think will happen after the rate decision: will BTC first fall below $75,000, or reclaim $85,000? Join the discussion in the comments 👇
(For informational purposes only; not investment advice.)
#美股 #币圈 #AI