Simply the latest news, updated on the hour.

Sat, Oct 31, 2026, 2:02 AM EDT

Tech

  • Nvidia is reportedly considering co-investing in Nscale's proposed AI data center in West Virginia, signaling continued interest in AI infrastructure development.

  • Salesforce is reportedly acquiring defense tech startup Rune for $375 million, continuing its aggressive M&A strategy in the enterprise software space.

  • Intel's stock experienced a significant decline, resulting in a $12 billion reduction in the government's stake, highlighting market volatility for chip manufacturers.

  • Anthropic is expected to receive a high 'junk' credit rating following its IPO, according to a Financial Times report, indicating potential financial risks despite its AI prominence.

  • The AI spending boom appears to be showing signs of slowing down, with cracks emerging in the rapid expansion of investment in the sector.

Money

  • The cryptocurrency market experienced a significant upheaval with the record-breaking $6.3 billion hack of Binance, triggering widespread market sell-offs and prompting investigations by global law enforcement agencies.

  • Geopolitical tensions continue to influence the energy sector, as oil prices fluctuate amid concerns over Middle East conflicts and supply disruptions, despite diplomatic efforts to ease tensions with Iran.

  • China's economic activity showed a marked deceleration in October, raising questions about the nation's growth trajectory and its impact on global markets.

  • The European Union and Canada are exploring an 'associate membership' arrangement, signaling a deepening of ties and a potential shift in regional economic and political dynamics.

  • The U.S. faces dual challenges of dwindling missile stockpiles and increasing threats from China, leading to a renewed focus on defense production and strengthening alliances, particularly with Japan and Australia.

Power

  • Global energy markets are experiencing volatility, with China securing a significant discount on Russian gas, signaling a shift in Moscow's leverage.

  • The power industry faces scrutiny over environmental impacts, with a study suggesting paper straws may be worse than plastic.

  • Geopolitical tensions are affecting energy supply chains, as evidenced by Ukraine's drone attacks on Russian oil facilities and the US cancelling a G20 photo-op due to Russia's presence.

  • Disruptions and political instability in various regions, including protests in France and Poland, and instability in Sudan and Egypt, impact global energy dynamics.

  • The rise of AI and its investment potential is noted, alongside regulatory concerns, as seen in New York's ban on AI features for children and a potential US trade curbs on Chinese telecoms.