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Friday, October 30, 2026 · 50 stories for the Sheekey Daily Read
Global & Macro5
- 92Intel, Amazon Earnings Spark Tech Selloff as AI Fears MountBloomberg
Bloomberg Daybreak Europe covers a second day of tech selloffs after Amazon and Intel earnings stoked AI spending fears, Binance's record crypto hack, and France's unexpected third-quarter contraction.
- 86ECB Live Updates: Christine Lagarde to Step Down Early, Rate Decision AheadBloomberg
Christine Lagarde will step down early from the ECB, according to Bloomberg's live coverage, which also follows the central bank's upcoming rate decision.
- 81Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply FearsWSJ
Oil prices rose after a tanker in the Strait of Hormuz was attacked by a small boat carrying two explosive devices, with Houthi claims adding to supply fears.
- 80PBOC Reveals Overnight Rate at 1.25% Before Policy Anchor ShiftBloomberg
China's central bank set its overnight reverse repo rate at 1.25%, below its current seven-day benchmark, after announcing plans to make the overnight rate its main policy lever.
- 80BOJ Holds Rate as Underlying Inflation Hits TargetBloomberg
The Bank of Japan held its benchmark rate at 1.25% while signaling underlying inflation has reached its 2% target for the first time, after more than a decade.
Markets, Business & Economy5
- 83Issuers Come to Market When Window Opens: CreditSights' CisarBloomberg
On "Bloomberg Real Yield," Goldman Sachs' Amanda Lynam and CreditSights' Winnie Cisar discuss issuers seizing market windows, as Microsoft's $25 billion bond offering drew $115 billion in peak orders.
- 82Warsh Puts a Spotlight on AI Financing’s Vulnerability to Fed PolicyBloomberg
Warsh highlights how vulnerable AI financing is to Federal Reserve policy, raising the question of whether AI-sector wobbles factored into keeping interest rates on hold.
- 76Reaching 2% Inflation Will Be Challenging for the Fed, Feroli SaysBloomberg
JPMorgan's Mike Feroli says getting inflation back to the Fed's 2% target will be challenging, and he was surprised Governor Lisa Cook called for a quarter-point rate hike.
- 75Fed’s Path to a Repo-Based Framework Faces a Familiar RoadblockBloomberg
Federal Reserve officials weighing a shift to shrink holdings and supply market cash through lending operations face a longstanding obstacle: the stigma attached to borrowing from the central bank.
- 75DoorDash to Buy Rival Instacart in $17 Billion DealBloomberg
DoorDash agreed to buy rival Instacart in a roughly $17 billion deal expected to close near the end of next year, keeping Instacart's brand, tech products and app.
National Politics & Policy (US & UK)5
- 81Homeland Security Leak Exposes More Than 41,000 EmployeesNYT
A nonprofit released information exposing more than 41,000 Homeland Security employees, citing transparency about the Trump administration's deportation campaign; officials told workers they are reviewing the incident.
- 60Trump administration opens criminal investigation over alleged noncitizen voting in CaliforniaGuardian
The Trump administration opened a criminal investigation and began subpoenaing California election officials over claims thousands of noncitizens are registered, after a judge refused to block counting up to 20,000 ballots.
- 58California Leads $84B Slate of Midterm Muni Bond MeasuresBloomberg
State and local governments, led by California, are asking voters next week to approve at least $84 billion in bond sales for infrastructure and housing affordability, exceeding recent elections.
- 56Trump’s DHS-Owned Deportation Fleet Makes First Removal FlightsBloomberg
The Department of Homeland Security used one of its own recently acquired planes to deport people to Mexico for the first time, potentially ending uncertainty over jets bought under Kristi Noem.
- 56DoJ reportedly issues subpoenas over same name Alaska candidatesGuardian
The Justice Department reportedly issued subpoenas over allegations that Mary Peltola's campaign helped recruit a second Dan Sullivan onto Alaska's Senate ballot to confuse voters.
Opinion & Commentary5
- 74Midterm Voters Pine for the Days When Democrats Led the EconomyBloomberg
Polls show US voters favoring Democrats on the economy for the first time in over a decade, with 58% of Americans saying they're worse off under Trump than under Biden.
- 71I’m a gen Z voter. Content creators have far less power than politicians think | Alex Bronzini-VenderGuardian
A gen Z columnist argues that both US parties' scramble to win young voters through influencer operations is misguided, since evidence shows content creators wield far less power than politicians believe.
- 66Exclusive: How the permitting bill could change the energy landscapeAxios
A new Resources for the Future analysis finds the Senate permitting bill would cut near-term power plant emissions, expand transmission and lower electricity system costs compared with current law.
- 66Britain’s Budget Sugar Rush Will Wear Off Rapidly by 2027Bloomberg
Bloomberg Opinion argues that John Healey's first budget, with 98 cheap "pick'n'mix" policy measures, offers a quick sugar rush for Britain that will fade rapidly by 2027.
- 60An Interview with Palantir CTO Shyam Sankar About the AI Religious WarStratechery
Stratechery interviews Palantir CTO Shyam Sankar about AI diffusion and safety, forward-deployed engineers, and what he sees as the real battle in tech, framed as an AI religious war.
Climate5
- 82Climate Finance Prospects ‘Dead in the Water’ at COP31, EU Official SaysBloomberg
An EU official said prospects for climate finance at COP31 are "dead in the water."
- 71Shell CEO’s Next Test Is Turning Cash Windfall Into GrowthBloomberg
Shell's CEO now faces the challenge of turning the company's cash windfall into growth.
- 64Report: Only 3% of data centers will shift power demand by 2030Latitude Media
Ember research finds only 3% of data centers will shift power demand by 2030, as cloud and AI inference workloads leave little room to limit compute, potentially benefiting next-gen batteries.
- 64Exclusive: Peter Thiel-Backed Nuclear Fuel Startup Hits a Key Regulatory MilestoneHeatmap
Nuclear enrichment startup General Matter, backed by Peter Thiel, won Nuclear Regulatory Commission acceptance of its application, advancing plans for a uranium fuel plant in Paducah, Kentucky.
- 63Envision to Complete Massive Inner Mongolia Data Center by 2028Bloomberg
Chinese renewable energy firm Envision Group plans to finish its Galaxy Campus data center in Inner Mongolia by end-2028, with capacity eventually reaching 3 gigawatts.
Tech5
- 80Binance Suffers $6.3 Billion Hack in Crypto’s Biggest HeistBloomberg
Binance, the world's largest cryptocurrency exchange, suffered the industry's biggest-ever hack, affecting $6.3 billion in funds with $3 billion in crypto frozen.
- 74AWS will be a $1T business, Jassy says. But first, it will spend big.TechCrunch
Amazon CEO Andy Jassy said Thursday that AWS aims to become a $1 trillion revenue business leading AI cloud computing, but reaching that will require continued heavy capital spending.
- 71Alphabet Sheds Half a Trillion in Market Value in Stock’s Worst Day EverWSJ
Alphabet lost half a trillion dollars in market value in its worst stock day ever, as investors balked at quarterly results amid its shift from search to AI hyperscaler.
- 64Mistral releases weights for its trillion-parameter AI model, targeting cybersecurityTechCrunch
Mistral released the weights of its trillion-parameter AI model aimed at cybersecurity, saying it gives organizations a kind of control over their cyber defenses that closed models can't.
- 62Alphabet Miss Revives AI FearsBloomberg
This "Bloomberg Open Interest" episode covers Alphabet's sales miss reviving AI fears, Microsoft defying gloom, AI jitters hitting Caterpillar, the Fed holding, the ECB ahead, and Kevin Hassett on inflation.
Cities5
- 45Billions Spent on LA Homelessness Weigh on Tight Mayor RaceBloomberg
Los Angeles' billions in spending on homelessness are weighing on a tight mayoral race.
- 26$130M FRA grant will upgrade Springfield, Massachusetts, train stationSmart Cities Dive
A $130 million FRA grant will upgrade the Springfield, Massachusetts, train station, advancing plans for future east-west passenger rail service between Boston and Albany, New York.
- 26San Francisco Targets Dog Breeding to Ease Shelter OvercrowdingGoverning
San Francisco has proposed a law to restrict dog breeding, shorten shelter holding periods and expand sterilization authority as rising animal intake overcrowds city shelters.
- 22Johannesburg Risks a ‘Total Collapse’ of Its Water NetworkBloomberg
Johannesburg's water network risks "total collapse" as acute shortages widen the divide between residents who can afford emergency fixes and those who can't, a key issue in next week's local elections.
- 20HK Reckons With Deadly Fire as Political Fallout BeginsBloomberg
Hong Kong is grappling with the aftermath of a deadly fire as the political fallout from the disaster begins to unfold.
About Bloomberg3
- 42Former NYC mayor gets first look at Boston museum wing backed by $155M giftMassLive
A former New York City mayor toured a Boston museum wing funded by a $155 million gift for the first time.
- 41Bloomberg Backs Innovative HBCU-charter School PartnershipsInside Philanthropy
Bloomberg is funding partnerships between historically Black colleges and universities and charter schools, which Inside Philanthropy describes as innovative.
- 35Alexandria Chosen as One of 15 Cities for Bloomberg Housing Grant of Up to $750,000The Zebra
Alexandria has been selected as one of 15 cities to receive a Bloomberg housing grant worth up to $750,000.
Comedy7
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- 68Trump Brags About Cognitive Test Again, Putin Hails Elon Musk a “Genius" | The Tonight ShowThe Tonight Show (Fallon)
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- 64Trump: Vote for the Cheesecake Factory and Jon Husted’s AssBorowitz Report
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- 60Daily Cartoon: Thursday, October 29thNew Yorker
Podcasts5
- 67Does France Answer to Its Citizens or the Bond Market?Big Take · Bloomberg
On Bloomberg's Big Take podcast, John Stepek joins Sarah Holder to discuss France's budget fight between protesters defending public services and a deficit-wary bond market, and what it means for Europe.
- 62PHP2Shell Won’t Be the Last Big AI Cybersecurity RiskMarkets · Bloomberg
PHP2Shell won't be the last major AI-related cybersecurity threat, the piece argues, as it examines what cybersecurity means in the age of artificial intelligence.
- 58The AI Rankings Just Got ReshuffledThe AI Daily Brief
This episode examines how an overhaul of AI's most-watched benchmark reshuffles model rankings, widens the open-closed gap, and how much rankings should matter when choosing tools.
- 56Anthropic Opens the Kimono, Bubble Questions and Frontier Costs, Q&A on Meta, Starlink, BrewersSharp Tech · Stratechery
Ben and Andrew dig into Anthropic's S-1 ahead of its November IPO, covering margins, compute costs and training-versus-inference disclosures, plus AI bubble questions, Meta's spending and the Brewers' title.
- 54Ep 890: What’s next For Everyday AI?Everyday AI
In this episode, host Jordan announces Everyday AI's transition, including his OpenAI role, handing the podcast to a new team, a temporary publishing pause and criteria for future hosts.