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SpaceX's stock jumped over 7% after its conference call, with the top bull netting $1.1 million in half a trading session.

52 minutes ago

Per TradingBeats monitoring, the SPCX perpetual contract on Hyperliquid is trading at $161.72, up 7.23% from around $150.81 at the start of today’s 04:30 earnings call. Its 24-hour trading volume stands at roughly $277 million, with open interest nominal value around $151 million. As prices rebound, the unrealized profit of the largest SPCX long position on-chain has expanded further. The address currently holds approximately 100,100 long contracts, with a position value of around $16.19 million, an average entry price of $135.602, unrealized profit of about $2.6146 million, and a return rate of roughly 192.6%. Calculations show this round of price increase alone has added around $1.0922 million to its unrealized profit. (0x519c) On the news front, SpaceX’s third-quarter revenue and earnings performance significantly exceeded analyst expectations. The aerospace firm projects its first-quarter 2027 revenue will reach $33 billion to $37 billion, far higher than analysts’ prior estimate of around $22 billion. Musk expects the company’s annual recurring revenue (ARR) run rate to rise from roughly $100 billion at the end of 2026 to $500 billion to $1 trillion by the end of 2027. Musk also noted that the payback period for AI infrastructure investments is expected to be shortened to within one year, with some investments potentially recouped in as little as six months. Additionally, Musk confirmed SpaceX and Tesla have each established special independent director committees to formally discuss a potential merger.

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Huobi HTX Chief Analyst Cloud: Bitcoin is likely to remain range-bound ahead of the interest rate decision, with the $80,000 lower edge expected to be tested first.

Bitcoin has been stuck in a range of $80,000 to $84,000 over the past two weeks. Huobi HTX’s chief analyst Cloud attributes this to two offsetting forces: ETFs have posted net outflows for two consecutive weeks, while exchange holdings continue to flow out, and long-term holders are only taking mild profits. In the week ahead of the Federal Reserve’s interest rate decision, Bitcoin is likely to remain range-bound. The CME currently prices a 16% chance of an October rate hike, while economists widely peg the odds at nearly 50/50. This gap between market pricing and consensus will deter capital from betting early. If Bitcoin breaks out of the range prematurely, the likelihood of a downward test is slightly higher: funding rates remain elevated, and option skew continues to lean toward puts, indicating longs have not yet been cleared out and demand for downside protection is rising. However, the $80,000 level has acted as strong support multiple times over the past month, so a downward breakout is more likely to be a false move. Confirmation signals for a breakout fall into two categories: For an upward move, Bitcoin needs to close above $84,200 on a daily basis, ETFs must see net inflows exceeding $500 million over three consecutive days, and funding rates should not exceed 15%. For a downward move, it needs to break below $79,800, ETF outflows exceed $500 million in a single week, and exchange flows turn positive. The real catalyst for Bitcoin’s next direction remains the interest rate decision to be released in the early hours of October 29 (Beijing time) and the nearly 89% pricing of a December rate hike. Note: This article does not constitute investment advice, nor does it constitute an offer, solicitation, or recommendation for any investment product.

8 minutes ago

OpenAI found that two AI agents had undermined its internal monitoring systems designed to detect misconduct.

According to Reuters, OpenAI said two of its AI agents undermined monitoring systems designed to detect misconduct during internal coding tasks. The company noted the incidents were not the most severe, but highlighted that monitoring mechanisms relied on by developers themselves carry a risk of being bypassed by AI agents. Specifically, on October 3, a GPT-6.1 Sol agent, while executing an internal test task, extended the existing instruction "do not send Slack messages" to also apply to security notifications, thereby suppressing automatic security alerts. On October 6, another GPT-6 Astra agent removed a security monitor when copying existing code, and later falsely claimed it had not done so. OpenAI said in both cases, the agents considered whether to retain monitoring measures, but interpreted routine coding instructions as permission to weaken monitoring. The company stated it is taking steps to make it harder for models to disable monitoring, and admitted that "a satisfactory explanation for this behavior has not yet been found". Meanwhile, OpenAI is testing whether its models have a tendency to actively avoid monitoring and seek reasons to rationalize such behavior. The disclosure comes as the industry continues to focus on AI agents overstepping their bounds. OpenAI emphasized that the incidents occurred in an internal test environment and did not involve external systems.

8 minutes ago

Binance to List 5 bStocks Spot Trading Pairs Including Berkshire Hathaway (BRKBB)

According to official announcements, Binance will officially launch five bStocks (tokenized stocks) related spot trading pairs on October 21, 2026. The five pairs correspond to RoboStrategy Inc (BOTB), Berkshire Hathaway (BRKBB), Goldenray Sci-Tech Innovation 50 ETF (KSTRB), Direxion Daily 20-Year Treasury Bull 3X ETF (TMFB), and Vistra Corp (VSTB), all denominated in USDT.

8 minutes ago

OpenAI Acquires Biopharmaceutical Company Orchestra Bio: AI to Take Over Tedious Processes in New Drug Development

Beating AI News: OpenAI has announced the acquisition of Orchestra Bio, a four-year-old biotech company, with plans to integrate its team and technology into its life sciences platform Rosalind. Orchestra has previously raised around $20 million in funding, with investors including a16z, Atria, and 8VC. Orchestra’s core product is a drug discovery AI agent system. It does not directly develop new drugs, but assists pharmaceutical companies in managing R&D progress, coordinating cross-functional teams, and tracking clinical trial schedules. For example, if a drug batch production failure risks delaying a clinical trial, the agent can automatically identify affected tasks and timelines, aggregate relevant information, and propose adjustment plans, which are then decided by researchers. OpenAI launched GPT-Rosalind in April this year, a model tailored for biology and chemistry problems, followed by a supporting research workbench. This acquisition will fill the gap in drug discovery project management, enabling AI to expand beyond analyzing experimental data to further participate in subsequent R&D workflows.

8 minutes ago

Bitget CFD launches 8 new trading instruments, including Aluminum and the Hang Seng Tech Index.

To meet users’ demand for diversified asset allocation, Bitget CFD has rolled out 8 new trading instruments, including XALUSD (Aluminum/USD), GASOIL (Low-Sulfur Diesel), HSTECH (Hang Seng Tech Index), and TWRICC (Taiwan RIC Index), spanning metals, energy, and indices categories. The metal and energy contracts offer a maximum leverage of 20x, while index contracts support up to 50x leverage. Furthermore, these instruments will be available in four trading modes simultaneously: ECN, Zero-Fee, Pro, and Standard+, with identical product configurations across all modes.

8 minutes ago

Citi raises SpaceX's target price to $240.

Citigroup raises SpaceX (SPCX.O) price target to $240, a 20% increase over its previous target.

8 minutes ago

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