🚨JUST OUT: Google $GOOGL PLUNGES over 9% after hours on an earnings MISS, and its AI infrastructure spending pushes free cash flow NEGATIVE. Alphabet spent $51.4 BILLION on capex in the quarter, leaving free cash flow at NEGATIVE $9.07 BILLION despite revenue rising 25% to $127.58 BILLION. EPS came in at $2.12 vs $3.00 expected, with the miss traced to an $8.7 BILLION loss on equity investments. Google Cloud was the bright spot, surging 103% to $30.71 BILLION and beating by $1.6 BILLION.

SK HYNIX EARNINGS JUST CAME OUT *SK HYNIX 3Q OPER PROFIT 83.33T WON, EST. 77.5T WON ( BEAT ✅ ) *SK HYNIX 3Q SALES 104.62T WON, EST. 98.96T WON ( BEAT ✅ ) $SKHY

Robinhood, $HOOD, earnings: - Revenue: $1.42 billion, est: $1.43 billion - EPS: $0.51, est: $0.55 Visa, $V, earnings: - Revenue: $12.1 billion, est: $12.09 billion - EPS: $3.48, est: $3.44

AMD, $AMD, is expanding its partnership with Meta, $META, to power Meta’s “superintelligence” infrastructure. As part of the deal, AMD will invest $1 billion in Meta’s stock offering. It’s the first big name to buy into Meta’s plan to raise up to $95 billion through stock sales to fund its AI buildout, per The Wall Street Journal.

LATEST: 📊 Bitcoin has repeatedly dipped below $80,000 in recent days, with spot ETFs logging $635M in outflows on Oct. 22 and a brief drop last week triggering $800M in long liquidations.

Anthropic says in its IPO filing that its recent growth “may not be sustainable over time,” and could fall off significantly and faster than the company expects. It comes as growth has already slowed: revenue rose about 50% in the September quarter, after more than doubling in the prior quarter.

Payward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer on HIP-3* markets. Payward will use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US clients. Subject to regulatory approval, Bitnomial, Payward’s CFTC-regulated DCM and DCO, would act as the HIP-3* deployer: creating, owning, and administering the markets and clearing and settling the contracts. If approved, NinjaTrader Clearing, Payward’s CFTC-registered FCM, would carry client accounts. HIP-3 will support optional deployer configuration for permissioned markets in a future network upgrade. This set of additional deployer functionality is collectively called HIP-3*. At its core, HIP-3* activation involves an onchain allowlist managed by the deployer or its sub-deployers. The functionality is strictly additive to HIP-3; its use is optional and up to the deployer. Existing markets remain unchanged. The initial release is available on testnet, where specifications are preliminary and subject to change based on feedback. Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. HIP-3* gives deployers additional functionality to operate deployments consistent with the requirements applicable to them. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.

BREAKING: Anthropic officially files its S-1 registration statement for an IPO, seeking to list on the Nasdaq under the ticker symbol $ANT. FULL SUMMARY OF ANTHROPIC'S S-1 FILING: 1. Anthropic posted H1 2026 revenue of $16.3 billion with a net loss of $80.7 billion 2. Anthropic says it does not expect to pay a dividend "in the foreseeable future" 3. Expects to spend up to $120.5 billion on SpaceXAI and Nvidia compute 4. Expects to spend up to $114.5 billion with Google through 2033 5. Revenue growth rate "may not be sustainable" and "may decrease" 6. May be required to seek additional financing "sooner than expected" 7. 5% of Anthropic's shares will go to the "Anthropic Public Benefit Fund" 8. S-1 includes warnings of AI's "catastrophic existential risks to humanity" Markets currently expect Anthropic to raise as much as $100 billion at a valuation of ~$2 trillion. The company is reportedly targeting an IPO in the week of November 16th.