The Nasdaq-100 index dropped up to 1.8% after reports that OpenAI's revenues are underperforming, sparking a surge in put options on the Invesco QQQ Trust to the highest level since June. Despite recent tech stock highs, options traders are increasingly hedging against a market pullback driven by rising interest rates and skepticism about the AI sector's growth. Large bearish trades in major ETFs and tech stocks indicate caution, though some bullish activity also occurred, making the market sentiment mixed and uncertain. Experts suggest a sustained selloff would require stronger selling pressure beyond current hedging activity.
Tech stocks' resilience has puzzled investors, with 126 of 150 priced Technology-sector US stocks on Pluang rising today. For readers following tech stocks, here is Pluang's market snapshot as of Oct 09, 2026 19:12 WIB: AXTI (AXT Inc) rose 4.49% to USD 74.88 with a typical hold time of 17 days and 77% buy orders; VERI (Veritone Inc) increased 4.26% to USD 0.61 despite 93% sell orders; EGHT (8x8 Inc) gained 3.29% to USD 2.20 with 75% buy orders.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
NEAR Protocol traded at $4.93 on October 10, 2026, rising 8.6% after a sharp 16.37% drop the day before. Despite a 97.5% gain over 30 days, the price has been volatile and flat over the past two weeks, fluctuating within a narrow range. This volatili...
U.S. bitcoin spot ETFs reversed two days of outflows with $21.13 million in net inflows on October 9, 2026. Among 12 ETFs, IBIT and HODL attracted inflows of $22.38 million and $2.33 million respectively, while FBTC saw outflows of $3.58 million. The...
U.S. spot Ethereum ETFs experienced net outflows for the ninth consecutive trading day on October 9, with $56.1 million withdrawn, narrowing from $72.54 million the previous day. This streak began on September 29, reflecting ongoing investor caution ...
Two addresses on the Aster decentralized exchange (DEX) currently hold long positions totaling 7.2 million SYN tokens, valued at $1.34 million. These positions have unrealized gains of approximately $450,000, with the highest reported return reaching...
