Odaily Report: After last week's heavy selloff in chip stocks, U.S. equities are expected to recover some losses and are poised for a positive start this week, with corporate earnings set to put the artificial intelligence (AI) thematic trade to the test once again. Meta's earnings report this week will serve as a fresh test of investor confidence in the AI trade, and Tesla will also release results. The sector has suffered a sharp pullback recently, with the market worried about whether the companies involved can sustain rapid profit growth while continuing to support an investment boom that is increasingly reliant on high-cost debt financing.
Odaily Reports: According to Lookonchain monitoring, Machi (@machibigbrother) has only $5,682 left in the papertrade_xyz account, nearly depleting the $261,000 deposited yesterday. Their trading losses amounted to $779,000, while receiving $394,000 in USDC staking rewards, resulting in a net loss of $382,000.
According to Lookonchain monitoring, a whale holds BTC and ETH long positions worth a total of $141 million, including 1,236 BTC valued at $102.2 million and 15,928 ETH valued at $38.67 million.
Odaily reports that Binance Alpha has launched the second wave of the Concrete (CT) airdrop. Users holding at least 255 Binance Alpha points can claim 87 CT on the Alpha event page. If the rewards are not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points, and users must confirm the claim on the Alpha event page within 24 hours, otherwise it will be considered as forfeiting the claim.
Odaily reports: ChangXin Technology held its second extraordinary general meeting of shareholders in 2026 today (October 19). At the meeting, the company stated that it maintains full confidence in the long-term development of the DRAM industry. The explosive growth of AI computing demand is driving the continued expansion of the global DRAM market, with the industry's average annual compound growth rate expected to reach 38.39% from 2025 to 2030. Facing vast market opportunities, the company has built strong product and technological capabilities to meet market demand.
On the technology roadmap, the company adheres to independent R&D and a "leapfrog development" strategy, having completed product iterations from its first-generation to fifth-generation process technology platforms; on the product side, it has achieved full-series coverage from LPDDR4X to DDR5, DDR5X, and the latest LPDDR6, with core technologies reaching internationally advanced levels. (Science and Technology Innovation Board Daily)
Odaily: Recently, Tesla submitted an annual disclosure filing to the U.S. Securities and Exchange Commission (SEC), officially announcing that CEO Elon Musk's total compensation for 2025 was $158.359 billion (approximately 1.07 trillion yuan), all granted in the form of stock awards. The compensation consists of two parts: a $132.3 billion 2025 long-term performance stock award, plus a $26.06 billion temporary transition award, of which the transition award was subsequently voided. The combined book-value total of the two is $158.359 billion. If this astronomical book figure is converted based on 8,760 hours in a year, it equates to Musk earning $18.08 million per hour, approximately 120 million yuan.
However, it should be made clear that $158.359 billion is not cash that Musk has taken home; it is merely the accounting fair value estimate of Tesla's 2025 CEO performance award plan at the grant date.
At the same time, Tesla explicitly stated in the filing that in fiscal year 2025, Tesla did not meet the market capitalization and operating performance targets corresponding to this incentive plan. Therefore, Musk's actual take-home income for the full year of 2025 was zero—no cash income, and no equity was unlocked. The relevant shares are currently in a locked state. (Bianniu Shi)
Odaily: Goldman Sachs upgrades Coreweave stock rating from Neutral to Buy; lowers the price target from $139 to $106.
Odaily reports: Bitmine added 12,535 ETH over the past week. As of 3:00 PM ET on October 18, 2026, Bitmine holds 6.0415 million ETH and 215 BTC, and has invested $180 million in Beast Industries and $74 million in Eightco Holdings (NASDAQ: ORBS), with cash and marketable securities totaling $582 million. Its ETH holdings account for 4.9% of the total ETH supply.
Odaily: The New York Stock Exchange has launched an extended trading hours service for U.S. equity options. (Jinshi)
Odaily Report: Spencer Applebaum, General Partner and Co-Head of Venture Investments at Multicoin Capital, said that Multicoin Capital manages $2.7 billion in assets, will not follow institutions such as Paradigm in expanding its investment scope into AI and robotics, and will continue to focus on the digital asset sector. Regarding the "crypto + AI" concept, Applebaum said that some investors are looking for problems at the intersection of crypto and AI that do not actually exist. In response to the slowdown in capital deployment, he said that in 2023, most seed-round projects had post-money valuations of about $30 million and raised about $3 million, and that using a $422 million fund to invest in such rounds requires more time. In addition, the largest position of Multicoin Capital's hedge fund is the Hyperliquid-related token HYPE, all of which was purchased through the public market; the firm typically holds publicly traded assets for several years.
Odaily reports: Metaplanet founder and CEO Simon Gerovich announced that the transaction between Metaplanet and Nasdaq-listed company Super League Enterprise (ticker: SLE) has been approved by the company's shareholders' meeting. Metaplanet will inject 2,100 BTC and $2.5 million in cash into SLE, with a total value of approximately $134.6 million, in exchange for controlling stake. As consideration for the transaction, Metaplanet will receive approximately 44.86 million newly issued shares of SLE common stock, preferred stock, and warrants, with the common stock issuance price set at $3 per share. Upon completion of the transaction, Metaplanet will hold approximately 95.7% of SLE's issued common stock and become its controlling shareholder. After the transaction is completed, SLE will serve as Metaplanet's U.S.-listed Bitcoin treasury platform, helping it access U.S. capital markets and expand its financing capabilities. Combined with Metaplanet Securities established in Japan, the transaction will enable Metaplanet to form complementary platforms in the two major capital markets of the United States and Japan, and further advance its business layout in areas such as Bitcoin treasury, financial services, financial products, and asset management.
Odaily reports: At 20:10 Beijing time, USDC Treasury minted an additional 250 million USDC on the Solana network.
Odaily: SOL treasury company DeFi Development Corp. (Nasdaq: DFDV) announced today that its treasury balance increased by 3,983 SOL over the past week, bringing total holdings to approximately 2,590,300 SOL and SOL equivalents.
Odaily reports: Micron Technology has announced that it will host a technology webinar at 8:00 a.m. local time on October 21, led by company President and Chief Technology and Product Officer Scott DeBoer, to discuss technological innovation in the DRAM, HBM, and NAND sectors. Micron stated that next-generation AI infrastructure will require higher bandwidth, capacity, and efficiency in data transmission, storage, and access. The webinar will present the company's multi-generational technology roadmap, customer co-design efforts, and long-term research plans, with the goal of further consolidating its technology leadership position for the next decade. (Jinshi)
Odaily reports: According to an official announcement, Gate launched contract trading, trading bots, and copy trading features for VICR (Vicor Electronics), GRAL (Gral Company), YPF (YPF S.A.), VIST (Vista Energy), PBR (Petrobras), and NU (Nu Holdings) on October 19 at 18:00 (UTC+8), all supporting 1–20x long and short operations. As of now, Gate supports contract trading for 482 stocks.
Odaily reports that Bitcoin News posted on X stating that Strategy has expanded its digital credit securities repurchase program from $2 billion to $3 billion, with approximately 92% of the previous $2 billion authorization already utilized. Last week, Strategy repurchased an additional $193.1 million worth of STRC, leaving $160 million in remaining buyback capacity before the program expansion.
Strategy also purchased 267 BTC for $22.1 million, bringing its total Bitcoin holdings to 848,517 BTC.
