Apple beats earnings and revenue expectations, but shares fall. Why?
Apple beat Wall Street’s earnings and revenue expectations in John Ternus’s first quarter as CEO. Even so, its shares fell about 1% after the market closed because sales in Greater China came in below expectations. The company reported earnings of $2.10 per share and revenue of $114.5 billion, up 12% from a year earlier. Analysts had forecast about $2.00 per share and $113.4 billion in revenue. The stock closed at $338.32 on Monday (2), down 1.83%, and fell to $335.00 after the results were announced. Options traders were pricing in a move of about 3.5%, according to Pepperstone.
North Korea denies attack on Binance and says FBI investigation is fabricated
Kim Yo-jong, sister of North Korean leader Kim Jong Un, called the FBI investigation into the $6.3 billion hacking attack on Binance a “political provocation.” Yonhap News reported her remarks on Tuesday (3). She also said that Pyongyang is “closely monitoring” the situation. Hours earlier, the state-run KCNA had called the theft allegations “fabrications,” according to Reuters. Meanwhile, U.S. agencies continue to urge exchanges to block wallets linked to the stolen funds.
KAST cancels token, and community revolts by cutting up cards
Stablecoin card fintech KAST announced this Monday (2) that it will not launch its token, known as a Token Generation Event (TGE). The accumulated KAST Points will be converted into “KAST Pioneer Units” (KPUs). The community’s reaction was immediate and harsh: users accuse the company of failing to meet expectations, and videos of people cutting up their KAST Visa cards are already circulating. What changes in practice According to the company’s official FAQ and a statement by CEO Raagulan Pathy:
Gold and silver rise 2% on signs of peace between the U.S. and Iran, while Bitcoin misses out
Gold and silver rose more than 2% on Monday (2), as unexpected progress in U.S.-Iran peace talks put downward pressure on oil prices. Bitcoin missed the rally and fell to around $76,000. What changed in the negotiations? According to Reuters, Iranian negotiators left talks with Qatari mediators on Sunday, but a new peace proposal is circulating. Tehran says its seven-step plan can be implemented within two days, potentially reopening the Strait of Hormuz if Washington ends its blockade of Iranian ports. Iran’s Foreign Minister, Abbas Araqchi, described the consultations as “very intense.”
Ethereum ETF outflows mark worst month since launch
Investors withdrew US$1.61 billion from US spot Ethereum (ETH) exchange-traded funds (ETFs) in October. It was the largest monthly outflow since the products launched in July 2024. The withdrawals ended a three-month streak of inflows and coincided with a 16.1% drop in ETH. According to CryptoRank, it was the asset’s weakest October since 2016. Five straight weeks of outflows The monthly total surpassed the previous record of US$1.42 billion, set in November 2025. SoSoValue’s weekly data show outflows in the five weeks ending in October. The largest occurred in the week ending October 9, when US$542 million left the funds.
Some investors want to see Anthropic’s stock price on the market before putting more money into OpenAI, the Financial Times reported. Meanwhile, OpenAI cut its fundraising target by US$10 billion. Anthropic, the company behind the Claude chatbot, is preparing to go public. As technology stocks have fallen, OpenAI’s valuation has dropped by US$150 billion, from US$1.4 trillion to US$1.25 trillion. Why investors balked at US$1.4 trillion According to the Financial Times, which cited a source close to the matter, the offer was already facing difficulties before the market turned.
Mercado Bitcoin suffers hacker attack and suspends deposits and withdrawals
Mercado Bitcoin (MB) confirmed on Monday (2) that one of its systems had suffered a security incident and temporarily suspended deposits and withdrawals. In an official statement on X, the exchange said that customers had suffered no losses and no data had been leaked. The statement was published after blockchain security company Hypernative warned of a possible hacker attack involving losses of more than US$40 million from wallets attributed to MB. Official statement: We quickly identified and contained a security incident involving one of our systems early this morning.
Strategy and Strive buy more Bitcoin, but shareholders may feel the impact
Strategy (formerly MicroStrategy) and rival Strive began November by increasing the amount of Bitcoin in their portfolios. However, the latest purchases reveal a growing concern for MicroStrategy shareholders: each investor's share of the company's total Bitcoin is shrinking. Both companies announced new purchases on Monday, November 2. Strategy acquired 811 BTC for US$65.5 million, raising its total to 849,327 BTC. Strive added another 124 BTC, bringing its reserve to 43,124 BTC.
Goldman raises oil forecast to US$105: Is that good?
Goldman Sachs raised its forecast for Brent crude in December to US$105 a barrel, citing a high risk of supply disruption. The new estimate is 17% above its October forecast of US$90. Brent traded at US$110.40 on November 2. Even with the adjustment, the bank’s target remains about 5% below the market price. WTI, the US benchmark, shows a similar gap: the bank forecasts US$94, compared with the current US$101.06. For those holding oil, Goldman’s higher forecast still suggests prices will ease by December.
Copom and payrolls vie for attention in a decisive week for markets
Brazil’s financial market begins the first week of November 2026 with a light schedule due to the All Souls’ Day holiday, but with full attention on the Copom’s decision on the benchmark interest rate and the release of the U.S. payrolls report. The combination of domestic and international events is forcing managers and investors to recalibrate expectations for the exchange rate, the stock market, and fixed-income investments With Luiz Inácio Lula da Silva’s reelection to a fourth presidential term confirmed by the Superior Electoral Court (TSE), the political and fiscal landscape is taking on renewed importance in price formation. Financial market analysts are closely monitoring the effects of the change in government on inflation and currency depreciation, which are directly driving up the cost of living and weighing on the country’s risk assets.
3 crypto companies report results this week: here’s what analysts expect
Block, Circle, and Riot Platforms will report their third-quarter results this week, covering July through September, a period when cryptocurrency prices rose. Analysts’ expectations are mixed: Block is expected to report lower Bitcoin revenue, Circle is expected to earn less, and Riot is expected to post a loss. The figures come days after Binance revealed a $6.3 billion hacker attack. The three stocks also closed lower on Friday (30). When each company reports Riot: Wednesday (4), before the market opens, with a conference call at 10 a.m. (Brasília time)
Wall Street fears a “Stock-pocalypse” as analysts disagree during a pivotal week
Wall Street is starting a pivotal week after Friday’s sharp decline (30). The Nasdaq fell 2.86%, its worst performance since early June, while the S&P 500 dropped 1.82%. Analysts are now warning that the midterm elections, concerns about AI spending and major earnings reports could trigger even bigger swings. What triggered fears of a “Stock-pocalypse”? “Stock-pocalypse” is an informal term for a sudden, intense sell-off in the market. Jim Cramer used the expression to describe Friday’s trading session on Wall Street.
FBI and Secret Service investigate theft linked to Binance
The Federal Bureau of Investigation (FBI) and the United States Secret Service have joined the investigation into a recent theft. Federal authorities are now working to trace the illicit funds and identify those responsible for the financial attack on the ecosystem. The attack has raised financial concerns among Binance customers about the immediate security of their deposited funds. Users are seeking formal assurances of liquidity to allay fears of losing assets on the trading platform.
“King of Cryptocurrencies” arrested in São Paulo after R$45 million scam
The man known as the “King of Cryptocurrencies” was arrested by the Military Police on Saturday afternoon (31) in the Perdizes neighborhood, in the west zone of São Paulo. Josué Viana Medeiros is accused of running a criminal scheme involving more than R$45 million. He was walking along Itajobi Street when he was identified by cameras belonging to the Paulista Wall program. Sentenced to eight years in prison under a closed regime, he was wanted by the authorities in Amazonas after being arrested in 2022 in Santarém, Pará.
US$8 billion stolen from Binance, Bybit, and Bitget: What does Coinbase do differently?
Hackers stole more than US$8 billion from Binance, Bybit, and Bitget in twenty months. None of the attacks captured the master passwords, known as private keys. In every case, the exchanges’ internal withdrawal approval systems were deceived. The risk extends beyond users of these platforms. Coinbase, which has reported no similar thefts, holds the Bitcoin behind most spot Bitcoin ETFs in the United States. Its safeguards therefore also protect Wall Street’s money.
Bitcoin turns 18 with a paradox Satoshi never resolved
Bitcoin turned 18 on Saturday (31), with its creator still missing. The fortune attributed to him is equivalent to about US$85 billion, and artificial intelligence is beginning to reconstruct how it all started. On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper, proposing money that could circulate without relying on banks. Today, the asset trades near US$77,330, with a market value of around US$1.55 trillion. “…I am working on a new electronic cash system that is fully peer-to-peer, with no trusted third party,” Satoshi wrote at the time.
The Lula Effect: Stocks Post Their Worst Month Since 2022 as the Dollar Soars
Brazil's financial market ended October under heavy pressure, with the dollar surging and stocks plunging. For the month, the Ibovespa lost 9.88%, its worst performance since June 2022, when it fell 11.5%. The dollar rose 5.27%, bringing its gains in 2026 to 0.81%. The damage was concentrated in the final stretch. In the last week of the month, the U.S. dollar rose more than 9%, its biggest weekly gain since the 2008 financial crisis. The Ibovespa fell 18.12% over the same period, its steepest weekly drop since March 2020, when it had lost 18.88% in the initial fallout from the pandemic.
$2 billion withdrawn from Binance three hours after withdrawals resume
The Whale Alert tracker flagged about $2 billion in Bitcoin (BTC), Ethereum (ETH), and dollar-pegged stablecoins leaving Binance approximately three hours after the exchange reopened withdrawals on Sunday. The company says it is now processing all withdrawals using newly created wallets. The exchange suspended withdrawals after attackers made off with about $6.3 billion on October 29. For customers who have been unable to access their funds since then, and for Bitcoin investors hoping for a recovery, the question is whether the money is actually leaving the platform or merely being moved elsewhere.
Chainalysis, a company that tracks crypto hackers, suffers AI-assisted breach
Chainalysis, a company that makes a living tracking criminals in the crypto market, has become a target for hackers. The company told clients that an external intruder used “agentic offensive techniques”—in other words, artificial intelligence tools—to access its systems this month. Chainalysis’s client list includes more than a hundred banks, as well as exchanges and government agencies. In the breach, the names of employees at these institutions fell into the hands of third parties. What did the hackers manage to get?
Who applied for a crypto license from the Central Bank? Check out the complete list
Major banks, Brazil’s stock exchange and the world’s leading exchanges are among the companies that applied to the Central Bank (BC) for a crypto license to operate as virtual asset service providers in the country. The deadline for those already operating in the market ended on Friday (30). By 7:30 p.m. that day, 67 institutions had been identified in the race, according to a survey by Cainvest Group, which tracks the applications. The list includes applications confirmed by the companies themselves, regulatory disclosures from banks already authorized to operate, and cases identified solely through documentary links to applications filed with the BC, which the companies have yet to confirm.