AMD CEO Lisa Su said she is seeing strong demand signals across the company’s product portfolio, with data center demand still very strong. Citi analyst Atif Malik raised his AMD price target to $800 from $575, citing expectations for stronger CPU demand after Meta’s launch of its Muse AI agent. Malik also said he expects the CPU total addressable market to expand from $29 billion in 2025 to $300 billion in 2030.

In the 12 months through July, global investors made $942 billion in net purchases of U.S. equities. Net buying in Q2 alone reached $426 billion, up 62% year over year. U.S. foreign direct investment inflows totaled nearly $240 billion in the first half of 2026, more than doubling from a year earlier. Full-year 2026 inflows are projected to hit a record $480 billion, according to Merrill.

Bitcoin led a broader crypto selloff on October 7, and its market capitalization fell by more than $70 billion over the past 24 hours. Despite the drop, on-chain data show bitcoin’s net exchange supply declined as net outflows hit a seven-month high. Addresses holding 10 to 10,000 BTC added 86,702 BTC over the past three weeks, while wallets with less than 0.01 BTC have continued selling.

U.S. stocks fell on Tuesday, with the Dow Jones Industrial Average down 503 points, the S&P 500 off 0.6% and the Nasdaq Composite lower by 0.7%. The 10-year Treasury yield rose more than 8 basis points to around 5.356%, the highest level since April 2002. Financial shares led declines, with Goldman Sachs down nearly 3% and Citigroup off more than 2%, while Bank of America, Wells Fargo and JPMorgan each fell more than 1%. Higher oil prices and inflation worries also weighed on sentiment.

ADA’s market capitalization has risen 42% since September 16, with the token climbing from around $0.19 to approximately $0.27, according to Santiment data. Whale transfers exceeding $100,000 reached 413 in a single day, the highest level since June. Cardano also rolled out its CIP-0113 programmable token standard on mainnet, marking a major infrastructure upgrade.

Marvell said it now expects $12 billion in custom AI chip revenue by fiscal 2029. The company said its partnership with Google could generate up to $120 billion through 2033. The updated outlook points to sustained demand for data-center AI chips.

Armada Acquisition Corp. II (XRPN) tumbled 50.3% on Tuesday to close at $19.20, down from $38.65, after touching an intraday high of $53. The SPAC is set to take the XRP treasury company Evernorth public, but the Nasdaq debut has been pushed back from Oct. 8 to Oct. 9. Armada’s trust account equates to about $10.49 per share, leaving the stock roughly 81% above that level.

Asset manager Brevan Howard has adopted Ripple Prime, deepening its ties to Ripple’s institutional crypto infrastructure. The firm oversees roughly $35 billion in assets and was already an investor in Ripple, having participated in the San Francisco-based company’s $500 million strategic funding round last year. Ripple says its platform processes more than $3 trillion in annual clearing volume and serves over 300 institutional clients, highlighting its expanding reach in global financial markets.