Has bad news been priced in? Global capital markets broadly rebound following confirmation of the Republicans' sweep

Beating AI News Flash: Y Combinator-backed startup TesterArmy has rebranded to e2e and secured an $8 million seed round. Investors include Credo Ventures, Point Nine, as well as co-founders of Uber and Snowflake. Combined with its prior $1.2 million pre-seed round, the company has raised a total of $9.2 million. e2e is an open-source AI automated testing tool built to verify that AI-developed software operates correctly. For instance, to test a membership upgrade feature, developers only need to input the instruction "upgrade account to Pro" — the AI will automatically locate entry points, click buttons, complete the action, and then use code to confirm the membership status has actually updated. The tool’s underlying technology integrates Playwright and AI Agents, allowing the AI to understand web pages and execute operations, while using traditional assertions to precisely validate results. It also caches verified operation steps: when running the same test next time, it prioritizes replaying steps directly, only re-invoking the AI if replay fails due to page changes. This cuts redundant inference costs and eliminates the need for the model to re-determine operation paths for every test. The team previously ran a closed-source testing platform called TesterArmy, but clients faced limitations including inability to manage test code alongside their projects, freely switch models, or run tests locally. On October 1 this year, the team open-sourced the tool under the Apache 2.0 license. The company states that in its first month post-launch, it received over 1.5 million npm downloads, earned 12,000 GitHub stars, and gained 60 external contributors. The company plans to launch e2e Cloud in 2027, which will offer teams cloud-based testing environments, model, and device resources, while the existing open-source framework will remain free.

Per Bitget market data, A-share-listed Changxin Technology (CXMT) saw its intraday afternoon gain hit 13.35%, approaching 44 yuan, with a current rise of 12.24% at 43.5 yuan. Separately, CXMT perpetual contracts on Hyperliquid once surged over 15%, with $428,200 in liquidations recorded in the past hour.

According to Bitget market data, the A-share Sci-Tech Innovation 50 Index (STAR 50) continued its rally in the afternoon, surging over 10%, while the ChiNext Index rose nearly 7%. On the news front, the China Securities Regulatory Commission (CSRC) recently held meetings with investment banks and issued verbal guidance to banks and investment banks, requiring a suspension of enterprises' initial public offerings (IPOs). In addition, large-scale share reductions by existing shareholders have also been temporarily halted until the market stabilizes.

Meme token launch platform Pump.fun published a post stating that NEAR tokens are now live on the Pumpfun App. Users can trade NEAR ecosystem tokens directly within the app, with no need for cross-chain bridging.

Home Depot (HD), GE Vernova (GEV), and Apple (AAPL) have joined the opposition, objecting to the blockchain stock trading platform co-developed by crypto exchange OKX and Intercontinental Exchange (ICE), parent company of the New York Stock Exchange. As the deadline for objections from some issuers approaches, the number of companies opposing the project has increased further. The total number of disclosed opposing firms now stands at 59 following the addition of these new opponents.

According to Bitget market data, Japanese and South Korean stock markets both plunged 4% at one point in the morning session, before rebounding after hitting a low in the afternoon. By market close, the Nikkei 225 index fell 893.23 points, down 1.42% to 62,188.63 points. South Korea’s KOSPI index rose 34.88 points, up 0.62% to 5,683.67 points; SK Hynix closed 0.14% lower, having dropped as much as 6% during the session, while Samsung Electronics closed 0.68% lower.