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Brent crude futures settled at $109.55 a barrel, down $0.31, or 0.28%.

2026-10-20

Brent crude futures settled at $109.55 a barrel, down $0.31, or 0.28%.

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2026-10-19

China's National Bureau of Statistics released Q3 data on Oct 19. Wu Ge, chief Economist at Changjiang Securities, said GDP rose 4.6% YoY in the first three quarters and exports were the largest contributor among the three growth engines. Looking 1–2

China's National Bureau of Statistics released Q3 data on Oct 19. Wu Ge, chief Economist at Changjiang Securities, said GDP rose 4.6% YoY in the first three quarters and exports were the largest contributor among the three growth engines. Looking 1–2 years ahead, he said geopolitical uncertainty persists but the global macro backdrop remains broadly supportive of Chinese manufacturing exports, especially AI-related goods. He noted AI has been a significant export driver this year by lifting demand for compute capacity and infrastructure investment, and that ongoing global supply‑chain reconfiguration is increasing spending in those areas—supporting external demand. Over a longer cycle, he added, the global manufacturing upcycle has not yet ended and the external The favorable environment to Chinese manufacturing exports has not changed.
2026-10-19

Elon Musk has stated his plan to donate one share of SpaceX stock to every child in the United States next year. If Musk chooses to donate SpaceX stock to children through the "Trump Accounts" created by the U.S. government, the potential scale could

Elon Musk has stated his plan to donate one share of SpaceX stock to every child in the United States next year. If Musk chooses to donate SpaceX stock to children through the "Trump Accounts" created by the U.S. government, the potential scale could be enormous. On October 1st, the U.S. Treasury Department announced the automatic opening of Trump Accounts for over 60 million eligible children. The White House further stated on October 7th that, including previously opened accounts, the total number is approaching 70 million. SpaceX closed at $146.03 last Friday; based on 70 million children, the total value of the donated stock would reach $10.2 billion. Musk's plan has precedent. In July, SpaceX President and Chief Operating Officer Gwen Shotwell announced that she and her husband would donate approximately 2 million SpaceX shares, giving one share to each of over 2 million American children's Trump Accounts, a total value of approximately $320 million based on the then-current share price.
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