News

Nvidia (NVDA.O): There is nothing unusual about the contact between CEO Jensen Huang and Megaspeed.

Canadian Prime Minister Carney: The government has pledged $1.6 billion to AI startup Cohere.

Freddie Mac: For the week ending October 29, the average interest rate for a 30-year fixed-rate mortgage in the United States was 7.24%, compared with 7.32% the previous week.

UK Maritime Trade Operations Office: Local authorities have confirmed that the crew has been safely evacuated.

The UK Maritime Trade Operations Office: Regarding the incident north of Sabb in the Sea of ​​Oman, regional authorities have confirmed that the vessel involved was a dhow, which was involved in a maritime safety incident where a fire broke out on board, causing the dhow to list and sink.

A quarterly filing on Thursday said Alphabet's AI-related risk exposure far exceeds $1 trillion. The company flagged rapidly rising cloud demand, visible in an increased backlog of unfulfilled cloud contracts; more than one-third of the quarter's backlog growth came from an equity-accounted joint venture. The disclosure expands on comments from the prior day's earnings call, where the CFO cited over $1 trillion of procurement commitments, future lease payments and other obligations. The filing also lists about $98.5 billion of contingent commitments—up roughly $23 billion quarter-on-quarter—including guarantees of data-center lease payments, support for partners' purchases of power equipment, and potential repurchases of AI chip systems from customers under specified conditions.

Canadian Prime Minister Carney: True sovereignty depends on our ability to build and adopt artificial intelligence on our own terms.

Canadian Prime Minister Carney: Holding shares in domestic AI companies is in the interests of Canadians.

Canadian Prime Minister Carney: Canada is investing in Cohere through commercial investments, with other participants including private investors such as Nvidia (NVDA.O) and Bell.

Sources say Russia will extend the diesel export ban until the end of the year, but will also allow some companies to export fuel through a quota system to fulfill a new export commitment to the United States.

According to Al Arabiya TV, US Vice President Vance's decision to engage in dialogue with Iran is a message sent domestically, aimed at preparing for the midterm elections.

Market news: European Central Bank officials are prepared to raise interest rates in December.

US Treasury auction for the 8 weeks ending October 29 - winning bid rate allocation percentage: 66.2%, previous value: 93.95%.

US Treasury auction for the 8 weeks ending October 29 - bid-to-cover ratio 2.63, compared to 2.57 previously.

The US Treasury auction for the 8 weeks ending October 29th yielded a winning bid of 4.02%, compared to 4.015% previously.

US Treasury auction results for the four weeks ending October 29 - winning bid rate allocation percentage: 16.96%, compared to 32.92% previously.

US Treasury auction for the four weeks ending October 29 - winning yield 3.91%, previous value 3.945%.

US Treasury auction for the four weeks ending October 29 - bid-to-cover ratio 3.1, compared to 2.82 previously.

According to Sky News Arabic: The U.S. Treasury Under Secretary for International Affairs stated that sanctions against Iran have proven effective. Iran has no choice but to cease its terrorist activities. We will continue to exert pressure until the Iranian regime yields. The goal is to isolate Iran from the global financial system. The war is not against the Iranian people, but against the regime. We will continue our efforts to lower energy prices.

Cheniere Energy: Europe will need an additional 69 million tons of liquefied natural gas this winter and will have to divert supplies from Asia.