Rick Rieder, BlackRock's global fixed income CIO, said a balanced and diversified portfolio is the best hedge in the current market environment, according to Bloomberg. He discussed the strategy on “Bloomberg Open Interest.”

Traditional automakers face a tougher 2027 as rising commodity, logistics and memory-chip costs meet limited room to raise prices and tightening markets. According to Sina Finance, GlobalData forecasts global light-vehicle production will grow by less than 1% in 2027, to about 91.65 million vehicles, after an estimated 2.1% decline to 90.96 million in 2026. Barclays analyst Dan Levy wrote last month that the industry faces a difficult start to 2027, citing inflation, pressure from Chinese automakers, affordability concerns in the United States and flat global production expectations. RBC Capital Markets analyst Tom Narayan described the U.S. outlook as relatively optimistic and Europe’s as very pessimistic, adding that overall market expectations for 2027 were bearish. Ford expects its 2027 results to be in line with 2026, while General Motors is more cautious about sustaining its previously anticipated profit growth. GM CEO Mary Barra said on October 20 that the company could remain strong in 2027 if customer demand holds and commodity and logistics cost pressures ease. CFO Paul Jacobson said inflation could add about $2 billion in profit pressure in 2027, similar to the expected impact this year. Volkswagen, Mercedes-Benz and BMW have lowered their 2026 profit outlooks, citing factors including U.S. tariffs, Chinese automakers’ expansion and rising costs. BMW said restructuring would reduce this year’s automotive pretax margin by 2.5 percentage points, with benefits expected to emerge gradually in 2027; it targets a 3%–5% margin in 2028. Hyundai lowered its 2026 wholesale sales target to 4 million vehicles and its operating margin target to 5.5%–6.5%. Toyota, by contrast, raised its annual operating profit outlook by ¥500 billion, citing the weaker yen and strong U.S. demand for hybrid vehicles. Cox Automotive data put the median U.S. monthly payment for a new vehicle at $776 in September, the highest since December 2023. The company’s chief economist, Jeremy Robb, described macroeconomic conditions, affordability and borrowing costs as yellow warning signals, while noting that available credit and stable employment offered some support.

At least two additional credit trading pods that manage money for Millennium Management are departing, according to Bloomberg.

According to CNBC, National Economic Council Director Kevin Hassett said Friday he expects data center growth to continue at the pace projected before the blue-wave election. At least 46 of at least 50 data center measures on 2026 ballots received majority support for restricting development, according to Ballotpedia’s tally. Hassett said projects scheduled over the next couple of years would not be affected by the initiatives and that growth could continue in states open to development.

Hassett, US President Donald Trump’s chief economic adviser, said the administration would not revamp its economic policies after Republicans’ sweeping defeat in the midterm congressional elections, according to Bloomberg.

According to Jin10, IMF Managing Director Georgieva said central banks should factor in a slowdown in AI-driven growth momentum when assessing measures to combat inflation.

Goldman Sachs Group Inc. traders said the violent selloff in US equities has pushed market panic to an extreme level, which has historically signaled a strong rebound over the medium term, according to Bloomberg.

According to Jin10, Elon Musk said SpaceX will attempt to recover the Super Heavy booster and Starship on its next flight; if both are recovered successfully, it would mark the first time all components of an orbital rocket have returned to Earth intact.

A recent report by Menlo Ventures shows that Chinese models account for 89% of open-source model spending by US companies, with Kimi leading the pack at 61%.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Why did Hyperliquid surge and then fall back after Wall Street extended an olive branch? This article analyzes the four pressures behind HYPE's drop from a new high of $97.9 to a decline of over 19%.

Duan Yongping said that 85% of the general public is not suited for investing, but I think at least half of them are not investing, but gambling.

The People's Bank of China has named and shamed public blockchain brands for violations in their promotional activities. Lawyer Mankiw interprets the activities and compliance risks of domestic teams.

Nobel laureate Argeon deconstructs the growth effect of AI using the Schumpeterian growth paradigm and proposes four new functions for governments in industrial policy, education, taxation, and international cooperation.

The US stock market lost $3 trillion overnight, the AI ​​industry chain suffered violent deleveraging, and behind the panic was the resonance of data center approval and policy risks.

The percentage of coins listed on South Korean exchanges that are "only launched domestically" has decreased from 85% in 2019 to 9% in 2024, but low trading volume on the first day is becoming a new challenge for exchanges.

Nvidia is using residual value guarantees, capacity buy-outs, and equity investments to finance its AI factories, but the $300 billion off-balance-sheet commitments are concentrating tail risks upstream.

Alphabet's market value evaporated by nearly $500 billion in a single day, and advertising growth diverged from search volume for the first time; as AI agents compare prices and place orders on behalf of others, the foundation of the advertising model is crumbling.