
Investing
OpenAI-linked contracts fall 7% as traders weigh Anthropic IPO
Hyperliquid perpetual contracts implied an OpenAI market capitalisation of $1.
2 min read
United in Changing Times
Today’s Briefing
World · Business · Technology

Investing
Hyperliquid perpetual contracts implied an OpenAI market capitalisation of $1.
2 min read

Artificial intelligence
An assessment of Nvidia’s leadership highlights the tension between Jensen Huang’s contribution and the company’s interests, but the available material does not establish prediction-market odds on his departure.
2 min read

AI investing
The Claude developer’s $70-to-$78 indicative share range implies a fully diluted valuation of $1.404 trillion at the top end, despite turbulence in artificial intelligence stocks.
4 min read

Public pensions
Domestic and international equity gains lifted pension portfolios, while developments in private markets point to a more uneven investment backdrop.
3 min read

Venture capital
Evertrue will focus on early-stage AI and fintech companies in the U.K. and Europe, with plans to back at least 20 businesses over the next three years.
3 min read

AI investment
Goldman Sachs estimates global data centre demand will require about $8.5 trillion in capital spending over the next five years, as Blackstone’s president calls for more equity financing amid growing debt risks.
3 min read

Investing
Third-quarter revenue met Wall Street expectations as event contracts and options activity helped offset weaker cryptocurrency trading, with transaction-based revenue growing 19%.
3 min read

Defense technology
Defense technology startups across NATO and allied countries raised $27.1 billion through September 2026, nearly double the total for all of 2025, while private equity allocations also grew and investors debated a potential bubble.
3 min read

Private markets
Revolut cites a rise in the median age of private technology companies at listing from 6.9 years in 2014 to 11 years in 2025 as it prepares to widen access to private investments.
3 min read

Digital banking
The consumer bank’s entry into tokenized deposits puts the stated interest offer in focus, while the supplied details leave eligibility, access and product terms unclear.
3 min read

European debt
The U.S. 10-year Treasury yield fell as France’s 10-year government bond yield climbed in Thursday’s 11:30am ET snapshot, showing divergent moves rather than a matching sell-off.
3 min read

Investing
A $100-billion fundraising target would be equivalent to about one-sixth of all U.S. charitable giving in 2024, putting the ambitions for Trump Accounts against a substantial national benchmark.
2 min read

South Korea
The Seoul-based data-center company’s listing, the Kosdaq’s largest initial public offering of 2026 so far, contrasts with ambitious technology investment plans across the region.
3 min read

Investing
The hedge fund is halting real-estate fundraising and new investments after its Real Estate Opportunity Fund attracted less than half its $2B target.
4 min read

Precious metals
Central bank purchases and ETF inflows are supporting gold above $4,000 despite a real-yield relationship that points to a price below $3,000, according to Morgan Stanley.
3 min read

Hong Kong
Portfolio+ gives HSBC’s Hong Kong retail customers access to discretionary investment portfolios with a lump sum of at least HK$10,000 or monthly contributions of HK$1,000.
4 min read

Markets
The S&P 500 ended the October 13, 2026 session close to unchanged, with big-bank earnings and falling memory-chip shares in focus, while HSBC downgraded Adobe.
2 min read

Insurance investing
Athene Holding’s latest investment disclosure illustrates insurers’ move towards structured products and alternatives, providing a reference point for asset managers alongside wider sector concerns about expertise and credit quality.
4 min read

Banking risk
Analysts identify deposit flight as a potential threat to banks if French riots widen, but the warning does not establish that withdrawals or bank failures have occurred.
2 min read

AI investing
The revenue measurement basis is unspecified.
3 min read

Insurance investing
Athene Holding’s latest portfolio disclosure gives asset managers a reference point for insurers’ growing interest in structured investments and alternatives, although the available material provides no allocation figures.
4 min read

Japan
The reported preference to avoid consecutive increases comes as the IMF raises its forecast for Japan’s 2026 economic growth to 0.7%.
4 min read

Private wealth
Family offices plan more direct investment in private equity, real estate and venture capital, but the survey did not ask how they planned to change allocations around AI.
4 min read

Alternative investing
The Chicago startup connects investors with franchise operators seeking expansion capital, although its latest offerings as of July 2024 were restricted to accredited investors.
4 min read