John Felton, Chief Financial Officer of Amazon AWS, stated that AI infrastructure spending is sustainable, with AWS order backlog approaching $500 billion and AI server investment payback period of less than three years. (Source: Axios)

US President Trump stated that neither the White House nor Elon Musk has intervened in the Ukrainian satellite system, which is currently operating normally. Ukrainian officials said that personnel in communication with SpaceX believe that the White House was involved in the restriction decision. The Ukrainian side previously claimed that the Starlink and Starshield systems were restricted, affecting the Ukrainian military's ability to intercept Russian drones.

According to data released by the US Treasury Department on October 16th, the US fiscal deficit increased by $217 billion year-on-year to $1.99 trillion for the 2026 fiscal year ending September 30th, the highest level since the 2021 fiscal year. In the fiscal year 2026, the US fiscal revenue reached $540 trillion and fiscal expenditure reached $7.40 trillion. Among them, debt repayment expenses amounted to $1.36 trillion. Affected by the Supreme Court ruling, the United States has refunded $145 billion in tariffs, reducing net tariff revenue to $173 billion. The fiscal deficit for the 2026 fiscal year accounts for 6.2% of GDP, with a monthly fiscal deficit of 27 billion US dollars in September.

According to the weekly report on cryptocurrency holdings released by CME, BTC holdings were 20752, a decrease of 3.17% compared to the previous period; 25543 ETH positions were held, a decrease of 7.72% compared to the previous period.

According to documents from the Federal Election Commission, Defend American Jobs, a Fairshake affiliated organization funded by Coinbase and Ripple Labs, invested $46.6 million in the Ohio Senate election to oppose Sherrod Brown and support Jon Husted. Tyler and Cameron Winklevoss' Digital Freedom Fund invested $5.9 million to support the campaign. Sherrod Brown stated in an interview that Jon Husted is a spokesperson for Wall Street and other forces. Defend American Jobs also invested $6.7 million against Dan Osborn in the Nebraska Senate election. Fairshake held $193 million in cash in January of this year.