USDC Treasury issues 250 million USDC on the Solana blockchain.

Microsoft earned $10 billion from OpenAI in the first quarter of fiscal year 2027, representing 11% of its total revenue of $92.3 billion. For the full fiscal year 2026, Microsoft earned $24.1 billion from OpenAI. As of the end of September, OpenAI owed Microsoft $7.2 billion, and Microsoft's stake in OpenAI decreased from approximately 25% in June to 24%. Microsoft's Azure revenue for the quarter was $33.2 billion, a 48% year-over-year increase. (Source: TechCrunch)

FoundationHQ claims attackers used leaked API keys to access customer data and sent over 23,000 phishing emails. (Source: Bitcoin News)

Peter Schiff suggests that Federal Reserve Chairman Kevin Warsh may refrain from raising interest rates a week before the midterm elections due to political pressure from US President Trump.

U.S. Treasury Secretary Bessant stated that new cloud service providers have a limited share of the AI industry, and financing risks do not currently pose a significant problem, with companies like Meta already raising funds through stock issuance. Bessant believes that future interest rate hikes by the Federal Reserve may not necessarily be a policy mistake, and the impact of energy shocks on inflation should be assessed. Bessant anticipates that global oil supplies will become more abundant after the end of the U.S.-Iran conflict, which would help alleviate inflation and lower borrowing costs.

Bitcoin Treasury Datavault AI announced it could no longer access its Bitcoin holdings, causing the company's stock price to plummet.