Key News
1. World Gold Council: Global gold ETFs attracted a record $31 billion in the third quarter.
2. Advisor to the commander of Iran's Islamic Revolutionary Guard Corps stated that the Strait of Hormuz, considered an "illegal waterway," will be closed.
3. The yields on both the 10-year and 30-year US Treasury bonds rose to their highest levels since 2002.
Stock News
1. Micron Technology (MU.O): The Taoyuan labor union received a strike authorization.
2. Coreweave (CRWV.O) will build a 240-megawatt data center in India.
3. Apple (AAPL.O) is reportedly partnering with LG to expand its smart home offerings, including door locks and cameras.
4. SpaceX (SPCX.O) plans to raise $40 billion to purchase chips from Nvidia (NVDA.O).
5. Music streaming platform Spotify (SPOT.N) will expand its audiobook service to over 180 markets by the end of 2026.
6. According to The Information: Nvidia (NVDA.O) is discussing a further $1 billion investment in humanoid robot company Figure.
7. AMD (AMD.O) CEO Lisa Su: AMD will continue to explore cooperation opportunities with Samsung Electronics in memory chips and wafer foundry.
8. Finnish authorities have ordered a halt to construction on two proposed Google (GOOG.O) data centers due to concerns about clearing over 300 hectares of forest.
9. Elon Musk stated that his company will be responsible for building and operating the Terafab AI chip complex, with TSMC (TSM.N) only leasing a portion at most.
10. Biohub, a non-profit biomedical research organization, announced that the US government, Google (GOOG.O), and Meta Platforms (META.O) will join Biohub in jointly investing in AI-based biological data.
