Pendle’s high-yield USDC vault surpasses $16 million in deposits less than a day after its launch.

Beating AI News Flash: DeepSeek has restructured its organization, integrating the Agent Harness, Web, App, and Platform teams into a Product Department that will oversee product, design, and related R&D work. On October 16, newly appointed head Cui Tianyi confirmed the news to The Paper. Cui, a computer science graduate from Zhejiang University, has won six ACM Asia Regional Contest gold medals and spent nine years at quantitative trading firm Jane Street. He joined DeepSeek in March this year and was tasked with building the Agent Harness team. The team’s developed DeepSeek Harness was open-sourced in August, with Windows and macOS desktop preview versions launched in September. The latest restructuring merges the team in charge of the Agent runtime framework with the web, App, and open platform teams. DeepSeek will no longer separate underlying agent capabilities from user product development, instead unifying oversight under the same department. The new department has also started recruiting product managers and designers.

According to market data from BIT (bit.com), MSTR opened more than 4% lower and is currently trading at $145.1, likely impacted by MSCI's warning that Strategy may be removed from its global index.

Changxin Technology announced that it expects its operating revenue for the first three quarters of 2026 to range from RMB 265 billion to RMB 270 billion, a year-on-year increase of RMB 232.916 billion to RMB 237.916 billion. The company also projects net profit attributable to its listed shareholders to be between RMB 131 billion and RMB 132.5 billion, compared with a net loss of RMB 5.28 billion in the same period last year, marking a year-on-year turnaround from loss to profit. The company attributed the results to factors including growing demand for AI computing power and improving prosperity in the DRAM sector, which have led to tight product supply and sharp price hikes. Changxin is advancing capacity construction, product R&D, process technology upgrades, optimizing operational management, and expanding its market presence. Additionally, the company’s board of directors received a letter on October 16, 2026, from Chairman Zhu Yiming proposing a share repurchase plan. The repurchase will be carried out via centralized bidding transactions, with total funds ranging from no less than RMB 1 billion (inclusive) to no more than RMB 2 billion (inclusive), and the repurchase price will not exceed 150% of the average trading price of the company’s stock over the 30 trading days prior to the board’s resolution approving the repurchase plan. The repurchased shares are intended for employee equity incentives, employee stock ownership plans, or reducing the company’s registered capital; the relevant plan still requires approval from the board of directors or the general meeting of shareholders. (Source: Jinshi)

According to BIT (bit.com market data), the US stock market opened as follows: the Dow Jones rose 0.35%, the S&P 500 gained 0.1%, and the Nasdaq declined 0.23%. Tesla (TSLA.O) climbed 1.6% as its "flying" Roadster was officially unveiled. Apple (AAPL.O) rose 1%, with its iPhone Duo pre-orders selling out immediately. The storage sector opened lower across all five trading days this week; SK Hynix (SKHY.O) fell 3.8%, and SanDisk (SNDK.O) dropped 3.4%.

According to BIT (bit.com) market data, U.S. stocks opened with the Dow Jones up 0.35%, S&P 500 up 0.1%, and Nasdaq down 0.23%. Individual stock moves: SPCX down 2.49%, ORCL down 1.76%, NVDA down 0.46%. Optical module stocks: COHR down 2.47%, LITE down 0.79%, AAOI down 2.84%, NOK down 0.21%, MRVL down 2.29%; storage stocks: SKHY down 4.23%, STX down 2.17%, WDC down 3.07%, SNDK down 3.02%, MU down 3.03%; crypto-related stocks: SBET down 3.42%, BMNR down 2.83%, GEMI down 2.68%, BLSH down 0.96%, CRCL down 1.16%, MSTR down 4.33%, COIN down 2.05%, ASST down 2.11%.

According to GMGN market data, NeoSoul (DNA) briefly broke through $0.3, and is now trading at $0.28, with a fully diluted valuation (FDV) of $280 million and a 24-hour trading volume of $37 million.