Moody's warns tech giant AI investments weaken cash flow, capital expenditures will approach $1 trillion by 2027

[Polymarket expands 15-minute market to include gold and silver] Polymarket has partnered with Chainlink to expand its 15-minute high-speed market from crypto assets to include asset classes such as gold and silver, with plans to add more commodities, stocks, and forex markets in the future.

[Coinbase Institutional Wallet Transfers Out 1301 BTC, Worth Approximately $100.22 Million] A large transfer of 1301 BTC, worth approximately $100.22 million, occurred on Coinbase Institutional wallet at 02:31.

[700 BTC transferred to PayPal's Mark wallet, worth approximately $53.65 million] At 03:04 on October 31, 700 BTC were transferred from an unknown wallet to PayPal's Mark wallet, worth approximately $53.65 million.

The Nasdaq 100 index fell as much as 4.5% on Friday, dropping more than 10% from its recent high, facing its third technical correction this year. The index has fallen about 3% this week, with poor earnings reports from Alphabet, AMZN, INTC, and ServiceNow triggering a sell-off in tech stocks. The market is reassessing the ROI of AI investments, and increased funding needs from tech companies are exacerbating sector volatility. Investors are starting to focus on return on capital and the recovery of invested principal. The last time the U.S. stock market experienced three or more 10% swings within a year was in 2022.

BTC declined, with a trading volume of $80.8 billion in the past 24 hours and a circulating market capitalization of $1.53 trillion, representing a 1.04% drop in market capitalization share. (Data for reference only.)