News

UBS believes that power shortages, difficulty in finding suitable land, and public opposition to water usage, noise, and electricity consumption are hindering the construction of AI data centers. Floating data centers could alleviate these problems: utilizing idle coastal base power or offshore energy, reducing land use, and leveraging deep-sea water for improved cooling efficiency. Construction time could be shortened to 18-24 months, compared to approximately 3 years for traditional land-based facilities. UBS presents a scenario: if floating data centers can capture 1% of the 69 gigawatts of new data center capacity projected for the US between 2028 and 2030, this corresponds to approximately 0.7 gigawatts of demand, representing a potential market exceeding $5 billion for shipyards. However, this opportunity is difficult to accurately assess because floating data centers have not yet been deployed on a large scale commercially. When orders will materialize and the actual size of the market remain unclear.

U.S. Energy Secretary Wright: I am uneasy about gasoline prices, but pleased that prices are falling.

U.S. Energy Secretary Wright: Trump's suspension of sanctions against Russia is an innovative move.

U.S. Energy Secretary Wright: The only way Russia can help the world is through an energy ceasefire.

A spokesperson for the Ukrainian Foreign Ministry said that Ukraine regrets the possibility that Russia may have redirected Ukrainian drones to Latvian and Lithuanian airspace.

According to Iran's Tasnim News Agency, a military source within the Houthi rebels in Yemen stated that the armed forces have warned workers, employees, and civilians at Saudi oil facilities to stay away from the facilities. Except for the airspace over the holy cities of Mecca and Medina, the airspace over other parts of Saudi Arabia is unsafe. The source also urged Saudi Aramco shareholders to sell their shares as soon as possible to avoid potential losses.

Lebanese Prime Minister's Office: The Prime Minister discussed international arrangements following the end of the United Nations Interim Force in Lebanon (UNIFIL) mission with the French Foreign Minister.

Nasdaq ETF Huatai-PineBridge: This fund will be suspended from trading from the opening of the market on October 19, 2026 until 10:30 on the same day.

Bosera Nasdaq 100 ETF: This fund will be suspended from trading from the opening of the market on October 19, 2026 until 10:30 on the same day.

Élysée Palace: French President Macron will address the nation at 8 p.m.

EU foreign policy spokesperson: We are positively concerned about the statements from several Israeli representatives condemning the attack, but we look forward to full accountability.

EU foreign policy spokesperson: The EU strongly condemns the latest violent attacks by settlers on the West Bank, including attacks against European diplomats.

According to Saudi media outlet Haddad, the Russian Foreign Minister stated that strengthening communication with the Gulf Cooperation Council (GCC) is a priority in Russian diplomacy, and bilateral trade with Gulf states grew by 44% last year. The effectiveness of economic cooperation is linked to regional stability, and Russia supports efforts to prevent the region from sliding into a large-scale war. The Gulf states have a voice in building regional stability.

The Kremlin stated that Russia's strikes against Ukraine are aimed at weakening the Kyiv regime's offensive capabilities. The Ukrainian armed forces' attacks on Russia are a "death struggle," and while the Kyiv regime continues to resist, this will not change the course of events.

Iran's new defense minister said, "Rest assured, the United States will not dare to attack us; if they do launch an attack, they will suffer extremely heavy and large-scale damage."

Iran's Defense Minister stated that if the United States makes another strategic miscalculation, the Iranian people and Islamist fighters will respond with a surprise and widespread force. The resulting regional and global consequences will be borne by the US "terrorist government" and its allies. (Sepah News, Iranian Revolutionary Guard News Website)

Iranian Foreign Minister: Our conditions are completely clear and have been submitted to the United States in the form of a seven-day proposal. They have put forward their own opinions, and we are still responding.

A Japanese poll shows that Prime Minister Sanae Takaichi's cabinet's approval rating has dropped to 49.1%.

The Polish military stated that it conducted preventative air operations in response to Russia's attacks on Ukraine.

Ukrainian President Zelensky: In the past week, Russia has launched 76 attacks on Ukraine's energy, oil and gas sectors.