Deutsche Bank raises Microsoft's price target from $550 to $600

TSMC is scheduled to release its third-quarter financial results on October 15. Bloomberg projects the company’s Q3 revenue will reach approximately NT$1.49 trillion (around $46.7 billion), up 51% year-over-year, exceeding both market expectations and its previous guidance upper limit. The current market focus is whether the ramp-up of advanced process nodes can continue to drive performance beyond expectations. The 2nm node is viewed as a key growth driver. Bank of America forecasts its revenue share will rise from 3% in Q2 to roughly 11% in Q3, and further to 18% in Q4; however, yield ramp and overseas expansion may pressure gross margins. The bank projects TSMC’s Q3 and Q4 gross margins at 67.0% and 67.8% respectively, with a target price of NT$3,260; HSBC is more optimistic, setting a target price of NT$3,800. According to TradingBeats’ monitoring, the TSM perpetual contract on Hyperliquid is currently quoted at $455.16, up about 0.4% from the previous day’s settlement price, with a 24-hour trading volume of around $563,000 and an open interest nominal value of approximately $7.71 million. Ahead of the earnings release, address 0xfd6a…7737 holds roughly 3,001 TSM perpetual long positions, with a nominal position value of around $1.37 million and an average entry price of about $437.5.

According to EmberCN’s monitoring, SkyAI (SKYA), a Nasdaq-listed SOL treasury company, is liquidating its SOL reserves. Approximately half an hour ago, the firm transferred 211,623 SOL tokens to Coinbase Prime. In a statement yesterday, SKYA announced it had sold around 1 million SOL tokens recently. Combined with the roughly 211,623 SOL tokens moved to the exchange today, the company’s total SOL sales over the past five days are estimated at approximately 1.25 million tokens, worth about $138 million at current prices. Per the company’s announcement, the SOL reserve sale is intended to repurchase 95% of its outstanding shares.

This mysterious whale sold another 229 $BTC ($19.1M) and then bought 7,469.8 $ETH ($19.1M).

Crypto analyst Danh Tran has published a report stating that the total market capitalization of tokenized stocks has climbed to $3.9 billion, reaching an all-time high. BNB Chain leads the space with a market cap of around $1.2 billion, accounting for 32.4% of the overall market, while Ethereum and Solana rank second and third with $842 million and $742 million respectively. Tran noted that this development not only reflects competition between different blockchains, but also signals the accelerating migration of traditional financial assets onto the blockchain.

Australia's Securities and Investments Commission (ASIC) on Monday proposed expanding the regulatory scope of Contracts for Difference (CFDs) to include contracts that meet relevant conditions and settle via digital asset transfers. Even if such contracts track non-crypto asset prices, they may still be subject to the rules. Under Australia’s current framework, CFD trading is bound by leverage caps; service providers must close positions when a client’s account funds fall below a required threshold, and offer negative balance protection, limiting client losses to the amount of funds in their CFD trading accounts. ASIC noted that certain cryptocurrency futures and options with fixed expiration dates will remain excluded from CFD rules. The regulator is currently seeking public comment on the proposal, with a deadline of November 9. Separately, Australia passed legislation in April this year requiring cryptocurrency exchanges and tokenized custody platforms to be included in the financial services licensing framework, with the new regime set to take effect on April 9, 2027.

Crypto market analyst Axel Adler Jr noted in a post that last week, the market absorbed selling pressure of 220,374 Bitcoin (BTC). During the same period, the net BTC flow on exchanges stood at -3,863 BTC, meaning more Bitcoin flowed out of exchanges than into them. Despite the large scale of capital inflows, the market still showed a net outflow, reflecting relatively strong buying demand.