U.S. Treasury Secretary Scott Bessent said he is working with White House Office of Management and Budget Director Russell Vought on a fiscal consolidation plan to further reduce the deficit. According to Sina Finance, Bessent also discussed what could happen to the fiscal plan if Democrats win the midterm elections, saying it would have to be rushed through during the lame-duck session after the November elections and before the new Congress is sworn in on January 3.

According to Jin10, Iran's Revolutionary Guards said the maintenance, readiness, and deployment areas of U.S. F-35, F-16, and F-15 fighter jets in the Middle East, as well as fighter shelters, were hit.

US Treasury Secretary Scott Bessent challenged traders to bet against his efforts to strengthen Japan’s currency, saying he is effectively making market calls with inside information, according to Bloomberg. Bessent made the remarks as he touted his current market influence.

According to Jin10, SPDR Gold Trust holdings fell 1.426 tons from the previous day to 1,050.63 tons.

According to Axios, the New York Times, OpenAI and Microsoft on Friday presented their arguments to a judge in the newspaper's 2023 copyright lawsuit, with District Judge Sidney Stein expected to rule in the coming months on whether the case, or key portions of it, will go to trial next year. The Times says OpenAI and Microsoft copied its works at scale to build commercial substitutes, while OpenAI argues copyright law allows tech companies to scrape publicly available works to train large language models and that reported facts are not protected. Microsoft made similar arguments for Copilot. OpenAI also cited two recent California federal court rulings, Kadrey v. Meta and Bartz v. Anthropic, which found AI training on copyrighted works was fair use because it was transformative. The Times said those cases do not apply because the plaintiffs there did not show AI outputs competed with their products. On Thursday, the U.S. Justice Department filed a brief backing OpenAI, saying training large language models on millions of digital works provides a transformative public benefit that outweighs any competitive harm to publishers.

According to Jin10, Amazon said OpenAI's GPT-6 Astra is now available on Amazon Bedrock.

According to CNBC, Corning and Qualcomm rallied on Tuesday after a pair of infrastructure deals boosted Wall Street's confidence that data center spending will stay strong. Intel rose 9%, Advanced Micro Devices gained 6%, Hewlett Packard Enterprise climbed 8% and Coherent added 7% as investors continued to favor AI-related infrastructure stocks. Corning jumped 8% and said it is entering a multibillion-dollar partnership with Verizon to build fiber-optic cables for AI connectivity. The company said the move follows a multibillion-dollar deal with Amazon in June and Nvidia's pledge a month later to invest up to $3.2 billion in Corning to build three new fiber-optic manufacturing facilities in North Carolina and Texas. Qualcomm said in a filing on Tuesday that it issued warrants to Amazon, allowing the cloud company to acquire up to $4 billion of Qualcomm stock. The pact also includes Amazon Web Services purchasing up to $60 billion of Qualcomm server chips and other technology. Qualcomm CFO Akash Palkhiwala said at the Goldman Sachs Communacopia + Technology Conference in San Francisco that revenue from chips made for Amazon will begin to show up in the December quarter and will help the company reach its $15 billion data center revenue target for fiscal 2029. AMD CFO Jean Hu also spoke at the conference and said the total addressable market will now reach $3 trillion by 2030.

According to Jin10, U.S. Secretary of State Rubio said Iran loses tankers whenever it tries to attack U.S. Navy ships.

Brent crude rose to its highest level since late July, while WTI climbed to a more than three-month high after reports of an explosion on Iran's Kharg Island renewed concerns about tighter oil supply. According to Sina Finance, Brent crude rose about 1% to settle at $97.92 a barrel, while WTI futures gained 1.7% from Friday's close to settle at $93.03. London copper extended its rally as tight near-term supply and expectations that the United States will impose tariffs on refined copper imports supported prices. According to Sina Finance, LME copper rose 1.4% to $14,708.5 a ton, while LME aluminum, nickel, zinc and lead also advanced; LME tin fell 0.5%. Gold fell as traders weighed rising Middle East tensions against a weaker dollar. According to Sina Finance, spot gold dropped 1% to $4,357.88 an ounce at 4:45 p.m. in New York, after earlier falling as much as 1.1%.

当政治立场、私人丑闻甚至家族恩怨都可以被铸成一枚 Token，下一件被金融化的，还会是什么？

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努力的 Solana，稳中向好的 BSC，无能的 Base。

趋势逐渐显现，资产上链之后，是份额上链。真正的行业分水岭，或将到“份额上链”之后才会拉开序幕。

McDonald’s India’s X account briefly turned into an unlikely crypto drama after a series of posts from an unidentified person claimed to be an unpaid intern, alleged months of missing wages and said memecoin losses had left them “starving.”

Malone Lam is expected to plead guilty over his alleged role in stealing more than $240 million in Bitcoin from one investor.

仅上线不到3个月，Robinhood Chain增长的神话仍在刷新。

Brazil’s biggest banks are racing to put more cryptoassets in front of their customers, but there is one line they still have not crossed: putting their own money into digital assets.