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Trump says he is "not very keen" on reaching an agreement with Iran; US media outlets report that the US military may be preparing to resume large-scale operations in the coming weeks.

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US President Donald Trump said in a local time statement on October 7 that he is "not very keen" on reaching a deal with Iran. Earlier, NBC News reported that Trump and his national security team are discussing the possibility of resuming large-scale military operations against Iran in the coming weeks; Axios added that potential actions could include "massive bombing" of Iran’s energy, infrastructure and nuclear facilities. Speaking at a campaign rally in San Antonio, Texas, Trump noted Iran is willing to offer "anything" to end the conflict, but he currently does not wish to strike a deal. He also said US Special Envoy for Middle East Steve Witkoff is pushing forward related negotiations and "doing a good job". Recent US-Iran talks remain marked by clear divisions. US Vice President JD Vance stated that Iran must drastically reduce its nuclear enrichment capacity to meet Washington’s demands for ending the war. For its part, Iran has criticized US officials for conflicting stances and insisted its right to uranium enrichment is non-negotiable. Meanwhile, Middle East energy markets continue to be impacted by the conflict. Kpler data shows that excluding Iran, crude oil exports via the Gulf, combined with shipments from Saudi Arabia and the UAE, have recovered to around 18.5 million barrels per day (bpd) – the pre-conflict level. However, oil prices remain elevated. Kpler analysts believe that even without a new diplomatic agreement, Middle East oil shipments could gradually recover through operational adjustments, though the process will be slower and uneven.

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Claude Penetrates Core Territory of Domestic Low-Priced AI Models, Triggering Sharp Intraday Drops in Zhipu AI and MiniMax Stocks

Insight Beating AI News Flash: Anthropic’s newly released Claude Haiku 5.5 is exerting intense competitive pressure—akin to a "kill line"—on Chinese domestic low-cost large language models (LLMs). On October 8, Hong Kong-listed LLM firms saw broad declines: MiniMax fell over 9%, Zhipu AI dropped more than 6%, while the Hang Seng Tech Index fell roughly 1% in the same period. Claude Haiku 5.5’s base API pricing is $0.1 per million input tokens and $0.5 per million output tokens. By comparison, DeepSeek V4.1 Flash charges $0.3 and $1.2 per million input/output tokens during peak hours, sliding to $0.15 and $0.6 during off-peak periods. Zhipu AI’s GLM-5.3 Flash has standard pricing of $0.15 and $0.5 per million input and output tokens respectively. Claude Haiku 5.5 already holds clear unit price competitiveness when input tokens do not exceed 100,000. Artificial Analysis awarded Claude Haiku 5.5 a composite intelligence score of 43, outperforming GLM-5.3 Flash (42), DeepSeek V4.1 Flash (39), and Xiaomi’s MiMo-V2.6-Flash (38). In the Terminal-Bench 4.0 programming benchmark, Claude Haiku 5.5 and GLM-5.3 Flash tied at 33%, ahead of DeepSeek (27%) and MiMo (23%). However, Claude Haiku 5.5’s strengths are primarily in its base pricing and performance under maximum inference load. It has higher token consumption, and long context inputs trigger a fivefold pricing surcharge.

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Hong Kong-listed artificial intelligence stocks fell across the board, with MINIMAX down more than 10% and Zhipu AI down over 6%.

According to Bitget market data, Hong Kong-listed artificial intelligence concept stocks fell broadly, with MINIMAX down over 10%, Zhipu down more than 6%, Xunce down nearly 5%, and Baidu and Meituan seeing minor declines.

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Polymarket has appointed Edward Lee as product head of its trading platform, overseeing its U.S. and international on-chain trading operations.

Former Coinbase employee Edward Lee announced in a post that he has joined Polymarket as product lead, overseeing product development for Polymarket US and its international on-chain trading platform. Lee stated he has spent the past decade working on crypto industry infrastructure, and will now shift focus to building trading markets operating on top of these infrastructures, with the goal of advancing a vision of "everything tradable". He added that prediction markets will serve as the starting point for this vision, and invited developers, traders, and partners from regulated markets and DeFi sectors to reach out to him. According to his profile, Lee has previously built and operated trading platforms at Coinbase, Circle, Poloniex, and LINE.

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Solana ecosystem tokens saw broad gains, with MET surging over 51% in 24 hours.

According to HTX market data, Solana ecosystem tokens are seeing broad gains, with the following 24-hour performance: ? MET surged over 51%, pushing its market cap to $264 million; ? W rose over 25%, bringing its market cap to $116 million; ? JUP climbed over 14%, reaching a market cap of $1.237 billion; ? RAY gained over 10%, hitting a market cap of $1.365 billion; ? BOME rose over 8%, with its market cap now at $72 million; ? JTO climbed over 8%, reaching a market cap of $545 million.

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Manus secures over $500 million in a new financing round, led by Boyu Capital and IDG Capital.

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A crypto whale shorted 400 BTC with 40x leverage in the early morning, currently holding an unrealized profit of $134,000.

According to monitoring by AI Yi, whale address 0xc3e…800dd shorted 400 BTC with 40x leverage in the early hours of today, with a notional value of roughly $33.13 million. The position was opened at $83,171.7, has a liquidation price of $86,042.6, and is currently holding an unrealized profit of approximately $134,000.

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