Investors ramp up AI-related credit default swap trades to hedge against industry debt risks.

Morgan Stanley analyst Brian Nowak raised Amazon (AMZN)’s price target from $335 to $350, maintained an “Overweight” rating, and named it a top pick in the firm’s coverage universe. Morgan Stanley noted that Amazon Web Services (AWS)’ growth potential and profit margins have not been fully recognized, projecting AWS revenue will rise 47% in 2027 and 42% in 2028, and forecasting Amazon’s 2028 earnings per share (EPS) at roughly $16.50. All figures are firm projections. Per TradingBeats monitoring, as of press time, the AMZN perpetual contract on Hyperliquid trades at $263.36, up approximately 4.01% over the past 24 hours, with a trading volume of around $26.17 million. Over the same period, the notional value of open interest increased by roughly $3.28 million, a 12.53% rise; excluding price fluctuations, the estimated number of positions still grew by about 8.16%. Against this backdrop, at least two large crypto whales opened new million-dollar long positions overnight. One account purchased 4,641.043 contracts at 22:47, with a trading volume of ~$1.2129 million at an average price of $261.337 (0x30af); another account bought 10,000 contracts between 23:06 and 23:17, with a trading volume of ~$2.6239 million at an average price of $262.389 (0xcb58). The two new long positions totaled ~$3.8368 million in trading volume, with a weighted average entry price of ~$262.06.

Beating AI News Flash: On October 19, GitHub announced it will temporarily add authentication to HTTPS download requests for some public repositories. Once the system detects abnormal traffic, code that previously could be cloned or fetched without logging in may suddenly require a token. CI builds and automatic installation scripts relying on anonymous downloads may also be disrupted. A similar issue emerged in September. On September 2, a developer reported in the GitHub Community that their CI server repeatedly received 401 errors when fetching the MariaDB public repository, and even submodule updates could not be completed. The developer of AMP, a game server management tool, also noted that a large number of users' installation processes were affected, forcing the team to consider urgent program modifications. At that time, GitHub explained that the platform was facing growing bot traffic, which could lead to misclassification of legitimate development requests. The latest announcement further clarifies the scope of the temporary authentication measure. GitHub advises developers to configure authentication for automated tasks and avoid relying on anonymous HTTPS fetching. Authenticated HTTPS and SSH operations are not subject to this restriction.

Decentralized exchange Lighter tweeted that its Lighter Core has launched binary options products, with plans to roll out a full options trading service next.

According to TradingBeats monitoring, a whale liquidated its long positions in Tesla, the DRAM Index, and the 3x semiconductor bull ETF SOXL last night, totaling roughly $46.317 million. The same account then established a long position in Google (GOOGL) worth approximately $44.393 million, marking a clear shift in holdings toward Google. The average entry price for this Google position is about $345.865, with an unrealized loss of around $188,000 and a liquidation price of $331.03; it also holds a long position in Amazon worth roughly $1.223 million.

OKX announced that it will launch U.S. dollar-denominated (U) U.S. TradFi perpetual contracts today, with underlying assets covering RUM, CRML, CVNA, MP, and TWST. The launch times (UTC+8) are 17:00, 17:15, 17:30, 17:45, and 18:00 respectively. The corresponding U.S. stock underlyings for these contracts are Rumble, Critical Metals, Carvana, MP Materials, and Twist Bioscience.

A $ZEC whale is buying $MASK (Nullmask)! This whale holds over $15M in assets, including 10,241 $ZEC ($11.69M). Over the past 3 days, he has been accumulating $MASK, buying a total of 3.69M $MASK ($151K).