Odaily News: Before the U.S. stock market opens, the key market and financial news investors should focus on is as follows:1. The three major U.S. stock index futures showed divergence. Dow Jones Index futures rose 0.95%, S&P 500 Index futures fell 0.03%, and Nasdaq 100 Index futures fell 0.75%.2. International oil prices fell across the board. WTI crude oil futures fell 1.78% to $92.068 per barrel; Brent crude oil futures fell 1.99% to $104.532 per barrel.3. International spot gold and silver fluctuated within a narrow range. Spot gold rose 0.28% to $4,183.29 per ounce; spot silver fell 0.22% to $60.15 per ounce.4. Most of Europe's three major stock indices rose. The UK FTSE 100 Index rose 0.51%, the French CAC40 Index fell 0.08%, and the German DAX30 Index rose 0.10%.5. AMD CEO Su Zifeng expressed strong confidence in the outlook for the CPU market and designated 2026 as the "year of inference." She expects that, driven by agentic AI workloads, the CPU market size will achieve explosive growth in the coming years.6. Applied Materials (AMAT), the largest U.S. semiconductor equipment manufacturer, expects its revenue to double in the coming years. The company is also using AI tools to drive innovation and product R&D, exploring ways to improve semiconductor yield rates.7. Marvell Technology announced the launch of its second-generation Structera X 3406 and 3506 CXL memory expanders, aimed at AI inference applications. The new products are the industry's first six-channel CXL 3.2 memory expanders, with a single controller supporting up to 9TB DDR4 or 6TB DDR5 memory.8. Nvidia and Cisco jointly launched a new ultra-dense small pluggable module (USFP). USFP is the first module to support 400Gb/s electrical signals per channel, with a single module capacity of up to 12.8Tb/s, suitable for next-generation AI factories.9. Samsung Electronics jointly demonstrated a memory expansion solution based on Compute Express Link (CXL) with AMD at the 2026 OCP Global Summit. Samsung also exhibited customized HBM and the new HBM5, as well as compute-in-memory technology.10. Streaming giant Netflix obtained exclusive broadcasting rights for the 2030 FIFA World Cup in Spain and Andorra. Boosted by this, Netflix rose more than 1% in pre-market trading.11. Federal Reserve Governor Waller said that rising U.S. Treasury yields are having a tightening effect on policy and helping to curb demand in some areas of the economy. He also said that hyperscale companies still plan to invest trillions of dollars over the next three years.12. A Bank of America survey showed that investors' allocation to tech stocks has reached its highest level since 2020, and global semiconductor stocks have become the market's "most crowded" trade.

Odaily News: If Democrats win a majority in the House or Senate in the U.S. midterm elections, while it may not necessarily prevent the Trump administration from advancing deregulatory policies for Wall Street banks, prediction markets, and the crypto industry, it would gain stronger investigative and oversight tools.If Democrats control either chamber of Congress, they would have subpoena power, larger investigative teams, and the authority to compel government officials and corporate executives to appear at hearings. Wall Street financial institutions, crypto companies, and related regulatory agencies could face more scrutiny. It is reported that crypto industry figures are particularly watching whether Representative Sean Casten may wield greater influence after Democrats regain control of the House Financial Services Committee. Casten has previously pushed to strengthen crypto regulation and opposed the industry-backed CLARITY Act. (Reuters)

Odaily News: The 2026 Nobel Prize in Economics has turned the spotlight on a question that is undergoing change within the Federal Reserve: should the central bank continue to explain its policy logic to the market and signal the future direction of interest rates in advance?Bloomberg columnist Jonathan Levin noted in a commentary published on Tuesday that the research of this year's Nobel laureate in economics, Michael Woodford, happens to pose a challenge to Federal Reserve Chairman Kevin Warsh's stance on forward guidance and policy transparency. Levin argues that Warsh tends to reduce the Fed's external communication, while Woodford's research shows that how a central bank explains its policy decisions is itself an important part of how monetary policy works.The Royal Swedish Academy of Sciences on Monday awarded the 2026 Nobel Prize in Economics to American economists Robert E. Hall and Woodford, honoring their contributions to the theory of economic stability.

Odaily News: Crypto hardware manufacturer Ledger SAS is reviewing its consumer-facing device sales policies and processes. This follows reports that some hardware wallets were implanted with spyware, leading to the theft of approximately $90 million in cryptocurrency. Ledger Chief Technology Officer Charles Guillemet said on Tuesday that the company is also evaluating tamper-proof protections for its devices. He reminded users who suspect their devices have been tampered with to consult Ledger's published security guidelines before disassembling their hardware wallets themselves, and to send any suspicious devices to Ledger for further inspection.

Odaily News: According to foreign media reports, sources familiar with the matter revealed that Bank of Japan officials lean toward not implementing a rare back-to-back rate hike this month, but still keep the possibility of a rate hike as early as December on the table. The sources said that, absent any signs of a sudden rise in upside inflation risks, BOJ officials see no need for consecutive rate hikes. The central bank will carefully assess economic data to evaluate whether a new round of rate hikes can be launched at its December meeting.The sources said the final policy decision at the October 30 meeting could still change at the last minute. To contain upside inflation risks, the policy board led by Governor Kazuo Ueda raised interest rates to 1.25% last month. This followed pressure from Bessent for Japan to continue advancing policy normalization and help strengthen the yen. (Jinshi)

Odaily reports that a poll shows approximately 69% of Democrats and 61% of Republicans oppose using prediction markets to bet on U.S. elections, military actions, and policy announcements, with only 8% and 9% respectively supporting such betting. Respondents consider such markets unethical, socially corrosive, and potentially harmful to national security. The prediction market industry, led by Polymarket and Kalshi, continues to expand, and policymakers are concerned that related platforms may open new channels for insider trading and manipulation.

Odaily News: Federal Reserve's Hammack stated that interest rates need to be raised, preferring smaller and more frequent rate hikes; current policy is not yet restrictive enough. (Jinshi)

Odaily News: As global bond yields continue to climb, Morgan Stanley believes the bond market is preemptively accomplishing part of the tightening the Federal Reserve would otherwise need to achieve through its policy rate, which could in turn create conditions that ease pressure on the stock market.Mike Wilson, Morgan Stanley's chief U.S. equity strategist, said the 10-year U.S. Treasury yield has risen about 120 basis points since February, marking a clear tightening of financial conditions. If this market-driven tightening is sufficient to slow the economy, the Fed may not need to further raise its policy rate to rein in demand in the future.Wilson believes investors currently need to watch two key indicators: the performance of financial stocks and bond market volatility. If the September CPI comes in moderate and pressure in the bond market eases, the Fed may gain more room to observe, and the stock market could also see a broader foundation for gains.

Odaily — QCP Group stated in its latest market report that despite market disruptions from news of the U.S. government moving a large amount of BTC and a hack on Ledger, Bitcoin has maintained a range-bound trajectory, repeatedly failing to break through $87,000, though support at $80,000 remains relatively solid. If it effectively breaks above $87,000, the next target could point to $94,000.In the options market, Bitcoin's implied volatility remains elevated, while put option premiums have narrowed, indicating that the market prefers to wait for a directional breakout rather than adding defensive positions. Currently, long call butterfly options expiring on October 30 with strike prices of $90,000, $95,000, and $100,000 have become the main concentration of month-end positions.Additionally, this week's U.S. CPI and PPI data, as well as Fed Chairman Warsh's speech at the IMF and World Bank annual meetings, will be key market focuses. The report noted that the market is currently pricing in about a 17% probability of an October rate hike, and related macroeconomic data and policy signals could influence BTC's subsequent trajectory.

Odaily News: Anthropic's transparency report updated on July 23 shows that in the first half of 2026, a total of 11.4 million accounts were banned, an increase of about 6.9 times compared with 1.45 million in the second half of 2025, and the total number of bans was about 7.9 times that of the previous period.During the same period, Anthropic received a total of 398,000 ban appeals, of which about 42,000 overturned the original ban decisions, with an appeal success rate of about 10.6%.Anthropic stated that reasons for account bans include violations of usage policies, terms of service, or supported regions policy. The relevant statistics cover all of its products and services and do not separately distinguish the Claude chat product from developer services.