BREAKING: 🇺🇸🇮🇷 Trump rejects Iran's ceasefire proposal and expects US strikes to resume after the midterms, per WSJ.

BREAKING: OpenAI says its own rogue AI agents leaked at least 53 ChatGPT user images online. That is the 15th incident since the agents hacked Hugging Face in July. OpenAI says the investigation could take months.

BREAKING: The SEC just issued new guidance on crypto tokens, staking, and investment contracts. 1. Once a crypto network is functional, work to maintain, improve, or grow it no longer counts as "essential managerial efforts" under the Howey test. 2. Staking receipt tokens can be treated as digital commodities, not securities, depending on how they're structured. 3. A crypto asset itself can be a non-security, even if some transactions involving it are still investment contracts. 4. The SEC's framework now covers digital commodities, digital collectibles, digital tools, stablecoins, and digital securities. These FAQs reflect SEC staff views only and carry no legal force, unless the Commission itself adopts a formal rule later. Another major step toward clearer crypto rules in the U.S.

🇺🇸 PRESIDENT TRUMP JUST NOW: 1. Meeting with Xi was one of *Friendship, Strength, and Success" for both countries. 2. Will meet Xi again in China in November and at the G20 in Miami in December.

BREAKING: WTI Oil is down nearly 3% in the last 30 minutes after Al Jazeera reported US-Iran talks have entered a "technical stage."

How long can the US actually sustain this? Last time the 30-year yield was this high, back in 2004: • Debt: $7.35 trillion (61% of GDP) • Deficit: $412 billion (3.4% of GDP) Today: • Debt held by the public: 101% of GDP • Deficit: $1.9 trillion (5.8% of GDP), more than 4x higher The US is now borrowing more, at a higher cost, with far less room to absorb it. And every 1% rise in yields adds over $300 billion a year in extra interest payments alone.

🚨 There is no stopping US bond yields. The 30-year bond yield just hit a new 22-year high at 5.525% Yields are now moving like AI stocks, straight up, no matter what gets thrown at them.

BREAKING: 🇺🇸 President Trump says he had a very productive meeting with President Xi on his three-day visit to the US on AI and other matters. The details will be reportedly disclosed on Monday.

🚨 SOMETHING VERY STRANGE IS HAPPENING IN THE STOCK MARKET. The S&P 500 is near all time highs, but beneath the surface, a completely different market is forming. Almost half of S&P 500 stocks now are moving differently from the overall market. Goldman says this kind of divergence looks very similar to the Tech Bubble. The biggest reason is market concentration. The 10 largest stocks now make up around 40% of the S&P 500, and many of them are riding the AI boom. Because these companies are so large, they can keep pushing the entire index higher even when a large part of the market is struggling. Meanwhile, the rest of the market is dealing with rising bond yields, $100+ oil, a stronger dollar and higher borrowing costs. These pressures are hitting companies that are more sensitive to rates, energy costs and the broader economy. So the S&P 500 being near record highs doesn't mean everything underneath is doing well. A small group of massive companies is making the overall market look much stronger than many stocks actually are.

BREAKING: Tanker rates to ship oil from the Middle East to Asia are up 900% in just 7 months, hitting a record $1.2 million a day. Around 15% of the world's tanker fleet is now stuck waiting off Oman, and rising shipping costs are already forcing some Chinese refineries to cut production.

🚨THIS IS INSANE Japan's 30-year bond yield just hit 4.223%, its highest level ever in history. Japan is now paying over 4% to borrow for 30 years - a historic reversal from decades of ultra low rates.

BREAKING: Ukrainian drones reportedly struck Russia's Perm oil refinery, triggering a fire at one of the country's largest fuel plants. Perm produces around 5.3 million tonnes of diesel a year and is one of Russia’s six largest diesel-producing refineries, which together account for roughly half of the country's diesel production. Last week, Ukraine's record drone attack damaged Moscow's largest oil refinery and forced it to halt crude processing. These strikes come just days after President Trump said Russia and Ukraine had agreed to stop targeting each other's energy infrastructure.

BREAKING: 🇮🇷🇺🇸 Iran offers the US a new "7-day" plan to reopen the Strait of Hormuz and restart negotiations for a final deal, per FT.

🚨THE BOND MARKET IS FLASHING A MAJOR WARNING The 10-year Treasury yield just surged above 5.20% for the first time in 19 years. It is now up almost 30 basis points in just 2 days, marking one of the fastest bond selloffs in years. The last time yields were around these levels was in 2007, the same year US economy entered recession that eventually became the Global Financial Crisis. But this move isn't happening for no reason. September's flash PMI just hit a 5-year high, inflation pressures are rising again and markets are pricing in a more hawkish Fed. At the same time, oil remains near $100 and massive government borrowing continues to put pressure on the bond market. This is why 5.20% matters. The 10-year Treasury is the benchmark behind mortgage rates, corporate borrowing and valuations across financial markets. The higher it goes, the more pressure builds across the entire financial system. Something eventually has to absorb that pressure, either yields come back down or something starts breaking in the financial system.

BREAKING: Iran's President says they're ready to finalise a deal with US before the midterms elections. His comments come right after President Trump predicted Iran is waiting to see midterm results.

BREAKING: Crypto suffered its largest hack of the year after Bitget lost $350 million in a single attack. Nearly $2 billion has already been stolen across 300+ crypto hacks in 2026.

What is even happening in the US? S&P 500 jumped +0.5% in just 5 minutes after Reuters reported US and Iran are discussing a phased plan to reopen the Strait of Hormuz. Oil crashed -3% in the same window. But both moves started reversing right after the headline settled. Same thing is happening in bonds. The US Treasury has boosted its bond buybacks by 3x, but yields don't care. They keep hitting new multi-decade highs every single day. Controversial take: these are not human trades. These are algorithm driven sell offs and rallies, and the humans behind those algorithms step in to reverse the move once they realize it's just another fake, repeated headline.

BREAKING: The Fed proposes new rules to let banks issue payment stablecoins under the GENIUS Act, opening the door for regulated banks to enter crypto.

BREAKING: CFTC updates its crypto guidance, now allowing customer funds to be invested in tokenized assets and letting firms use blockchain for recordkeeping.

BREAKING: Everpure hits an all-time high, up over 14% on stronger than expected revenue guidance. The company is guiding for up to 45% YoY growth, hitting $7 billion in revenue by fiscal year 2028. $P is now up 35% in the just last 10 days.