Meta fell more than 6%, erasing over $100 billion in market capitalization, with its spending commitments rising to around $825 billion.

According to market data from BIT (bit.com), the US semiconductor sector in the stock market declined across the board. The Philadelphia Semiconductor Index fell 5.67%, hitting its lowest level since July 29. Among its component stocks: AMD dropped 7.21%, Intel down 6.57%, Applied Materials down 6.57%, Arm down 6.75%, Seagate Technology down 7.81%, Western Digital down 6.95%; Micron Technology down 4.29%, NVIDIA down 3.93%, TSMC down 3.97%, Broadcom down 3.79%, ASML down 4.83%. Multiple sub-segments including storage, semiconductor equipment, and chip design came under simultaneous pressure. Additionally, Lam Research fell 9.78%, Lumentum down 9.24%, Coherent down 11.81%, and the 3x Long Semiconductor ETF dropped 17.09%.

STRK fell approximately 14.4% today, currently trading at around $0.053. According to TradingBeats monitoring, Hyperliquid address 0xfe7c currently holds ~75.45 million STRK short positions, using 5x full leverage, with an average entry price of ~$0.08159, position value of ~$4.02 million, unrealized profit of ~$1.9 million, and a position return of ~154.3%. The address already held ~40.94 million STRK short positions on October 12, with an unrealized loss of ~$1.53 million at that time, and has since added to its position to reach the current size. In addition, the address holds the following major short positions: - ETH: ~4,367 units, position value ~$10.5 million, unrealized profit ~$160,000, 25x full leverage - NEAR: ~1.85 million units, position value ~$9.25 million, unrealized profit ~$500,000, 10x full leverage - PUMP: ~1.3 billion units, position value ~$6.26 million, unrealized loss ~$420,000, 10x full leverage - ZEC: ~1,924 units, position value ~$2.43 million, unrealized profit ~$170,000, 10x full leverage

According to market data from BIT (bit.com), the yield on the US 5-year Treasury note fell to 4.825%, hitting its lowest level since September 23, with an intraday decline of 14.33 basis points.

SpaceX launches the SpaceX Super Intelligence (SI) Partner Network, with partners including NVIDIA, Apollo, Databricks, and Bain Capital.

Grayscale has released a crypto asset valuation analysis, publishing two top-10 lists: token holder yield and adjusted earnings yield. The token holder yield top 10 are, in order: HYPE, LIT, CAKE, AERO, UNI, RAY, PENDLE, AAVE, JUP, CRV. The adjusted earnings yield top 10 are, in order: CAKE, LIT, HYPE, RAY, AAVE, JUP, SKY, UNI, AERO, PENDLE. Grayscale noted that many crypto assets can be valued based on cash flow. Token holder yield is calculated as the sum of staking rewards and buyback amounts minus the value of new token issuance, relative to circulating market capitalization. Adjusted earnings yield is the ratio of protocol earnings to circulating market capitalization, minus the circulating supply inflation rate, used to measure a protocol's profitability after deducting token dilution.

Beating AI Express News: AI programming tool Amp has launched self-hosting for Orbs. Orbs is a development environment enabling AI Agents to work independently, originally running primarily on Amp’s cloud. Users can now deploy it to their own Macs, Docker containers, or Kubernetes clusters, with support for sandbox platforms including E2B, Modal, and Vercel. Amp handles scheduling, while users’ own machines execute tasks, and environments can be created, paused, and resumed on demand. Individuals and general teams can use self-hosted Orbs for free, though they must cover their own compute and model costs. Starting October 29, the enterprise version requires users to provide their own servers and pay per the same compute standards as Amp’s official hosted Orbs.