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The U.S. September PCE data and the preliminary GDP for the third quarter will be released tonight at 20:30. The stickiness of inflation and the slowdown in economic growth will be key factors for the market to assess the outlook for Federal Reserve policy. If the data significantly deviates from expectations, it may trigger fluctuations in U.S. Treasury yields, the dollar, and U.S. stocks.

Dominion Securities expects the U.S. GDP growth rate in the third quarter to accelerate from 2.2% to 2.5%, indicating that the economic fundamentals remain strong. Although net exports and inventories may weigh down, consumption and investment remain robust. The core PCE price index is expected to rise year-on-year from 3% to 3.1%.

Danish Bank strategists pointed out that despite the rise of the S&P 500 index and the European Stoxx 600 index, AI-related stocks rebounded for the third consecutive day, but Alphabet and Microsoft's earnings reports showed a divergence in AI-related revenue and capital expenditures.The flat capital expenditure guidance may limit the gains in the data center and semiconductor industries. The market reacted negatively to the earnings reports of major cloud computing companies, with the Korea Composite Stock Price Index falling 0.7% and Nasdaq futures dropping 0.9%.

Decentralized exchange UXUY announced the launch of the stock tokenization service platform uStock, primarily targeting small and medium-sized listed companies in the US and Hong Kong stock markets. The platform plans to provide share issuance, on-chain investor distribution, and post-issuance liquidity services, connecting listed companies with global on-chain investors, using stablecoins such as UUSD as tools for subscription, pricing, and settlement.According to the proposed product mechanism, each uToken corresponds to the economic rights of one share of the underlying stock, covering price changes, cash dividends, and corporate actions such as stock splits and mergers. The underlying stocks are intended to be custodied by licensed brokerages, trusts, and other institutions, isolated through independent asset holding entities. The platform plans to disclose stock custody, token issuance, and asset coverage through a Proof of Underlying asset verification mechanism.uStock will establish an initial liquidity pool for uToken/UUSD using part of the raised funds according to the issuance documents and will introduce on-chain market makers. As the spot market and infrastructure advance, the platform intends to gradually support round-the-clock on-chain trading and explore integration with UXUY's self-developed Perp DEX to expand on-chain perpetual contract trading for corresponding uToken assets.UXUY founder 0xKevin stated, "We are bringing stablecoins into more real asset scenarios, allowing US and Hong Kong listed companies to connect with global investors and capital. In the future, we will continuously improve issuance, trading, and liquidity services around real stock rights, establishing a more long-term connection between corporate growth and global on-chain capital."

According to Decrypt, Buzz, a former advisor of the public blockchain Aptos, known by the pseudonym BuzzlamicJihad, left Aptos after the expiration of a one-year contract. Buzz stated that it was a mutual decision and that he has sold his holdings of APT. He mentioned that he believes the project has not made further progress, and some plans have not been realized as expected, which is why he did not renew the contract. APT has dropped 10.7% this month, with a market cap of approximately $607 million.Buzz has begun to promote Meta using the same Meme marketing strategy. His arguments surrounding Aptos have always been based on the project's connection to Facebook, as Aptos was founded by developers of the Libra project. Buzz believes that Meta has strong fundamentals, but retail investors are being overlooked, especially with the recent creation of Class C shares that have no voting rights. He has started posting messages like "META looking good here" and mentioned that he has moved communication from Telegram to WhatsApp. Meta dropped 1.2% on the day, with a market cap of approximately $1.59 trillion, about 2,619 times that of Aptos.

The British pound faced selling pressure against the US dollar during the Asian session, dropping to around 1.33. The US dollar strengthened due to expectations of another interest rate hike by the Federal Reserve this year, with CME tools indicating an approximately 80% probability of a rate hike in December. Geopolitical uncertainty supports the US dollar, while the downside potential for the British pound is limited by expectations regarding the Bank of England's policy.

Samsung Electronics announced its official financial report for the third quarter of 2026. The company's revenue for the quarter reached 195.3 trillion Korean won, slightly higher than the previously announced preliminary data, with an operating profit of 107.4 trillion Korean won for the third quarter. The net profit for the quarter was 75.2 trillion Korean won, falling short of market expectations of 83.6 trillion Korean won. Following the release of the financial report, Samsung Electronics' stock price briefly fell, then slightly rebounded, currently up 0.2%.The semiconductor business remains the main source of performance. The operating profit of the chip division for the third quarter was 106.5 trillion Korean won, with significant growth in the foundry business revenue. The company expects double-digit growth in this business's revenue in the fourth quarter. The display business recorded an operating profit of 1.1 trillion Korean won, while the mobile division reported an operating loss of 600 billion Korean won in the third quarter.Samsung Electronics announced that it will distribute a dividend of 4,601 Korean won per share for the third quarter, with a total dividend payout of 30 trillion Korean won. Management expects demand for memory chips to continue to expand in the fourth quarter and stated that the chip supply shortage situation will further worsen next year.

CITIC Securities research report states that the Federal Reserve remained on hold as expected in October, with a more optimistic tone regarding the pace of economic expansion and a more cautious guidance on policy stance. Waller's post-meeting remarks were more moderate than in September, mentioning that the credit environment has tightened and inflation expectations are moving in the right direction, also indicating adjustments to the FOMC meeting schedule in the next couple of years.The report still expects the Federal Reserve to raise interest rates by 25 basis points in December and states that the terminal rate of this rate hike cycle may not be far from the current level. The new variables in the Middle East situation are still insufficient to provide a clear and lasting exit path for both the U.S. and Iran, and high oil prices may continue until the situation becomes clearer, while further improvement in U.S. dollar liquidity requires new catalysts.

According to Bloomberg, during the intense fluctuations in international oil prices in early March, a trader allegedly influenced prices on the decentralized derivatives platform Hyperliquid through two accounts, using oil-related crypto derivatives.According to an analysis provided to Bloomberg by blockchain monitoring company Solidus Labs, the trader placed over $170 million in abnormal orders, and Solidus believes their behavior is suspected to be a form of spoofing price manipulation.

Microsoft expects its Azure cloud business revenue to grow by 49% to 50% in the second fiscal quarter, with total revenue reaching between 96 billion and 97.1 billion dollars.Revenue from the Intelligent Cloud and Infrastructure segment is expected to be between 80.1 billion and 80.7 billion dollars, while revenue from the Devices and Consumer segment is projected to be between 15.9 billion and 16.4 billion dollars. Microsoft also anticipates that capital expenditures in the second fiscal quarter will exceed 50 billion dollars.

Alphabet executives stated that research and development expenses increased by 36%, primarily driven by AI talent recruitment and depreciation.

Alphabet (GOOG.O) executives stated that they are expanding AI-based advertising to international markets.

Microsoft announced that its quarterly cloud business revenue exceeded expectations, with Azure cloud computing revenue growing by 48% to reach $33.17 billion, surpassing the market expectation of $32.84 billion. The company's free cash flow was $18.6 billion, far exceeding the market expectation of $8.54 billion. Microsoft’s stock rose nearly 6% in after-hours trading.

In Q3 2026, Alphabet's Google Cloud business revenue was $30.71 billion, while the market expectation was $29.566 billion.

Alphabet's revenue for the third quarter of 2026 was $127.58 billion, compared to $102.346 billion in the same period last year, with market expectations of $128.175 billion.

Oracle expects its free cash flow for the fiscal year ending May 2029 to reach $30 billion, far exceeding market expectations.The company also anticipates that the total capacity of data centers will exceed 10 gigawatts by the end of fiscal year 2028, and it will gradually reduce capital expenditures starting in fiscal year 2029.Oracle's stock price rose more than 13% during intraday trading.

Federal Reserve Chairman Waller stated that the strong performance of capital expenditures is no longer limited to a few sectors.

Federal Reserve Chairman Waller stated that against the backdrop of global turmoil, inflation expectations have developed in the right direction.