News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →Brazil’s Stock Market Crashes After Lula’s Upset Victory
Brazil’s stock market lost more than $200 billion in value at the open on Monday after President Luiz Inácio Lula da Silva beat Senator Flávio Bolsonaro in Sunday’s runoff, a result that prediction markets had priced at roughly a one in five chance. The iShares MSCI Brazil ETF, ticker EWZ, a basket of Brazilian stocks that trades in New York like a single share, fell as much as 26% from Friday’s close of about $42.60, touching $31.40 before trimming the loss to about 23% at $32.84 by 10:38 a.m. ET. That is memecoin-sized volatility for a fund built around Brazil’s biggest companies, and it leaves EWZ roughly where it started 2026 after a 34% gain through Friday. The dollar rose as much as 12% against the real on Friday, while the Ibovespa, Brazil’s benchmark stock index, fell as much as 17% to about 170,000 points. For a dollar-based investor, those moves at their worst combine to a loss of about 26%, in line with the ETF’s low. B3, the São Paulo exchange, halted trading for 30 minutes after the Ibovespa fell 10% from Friday’s close, its first circuit breaker since the COVID-19 pandemic. A circuit breaker is an automatic pause meant to slow panic selling, but the index kept sliding after trading resumed. Investors had been positioning for the opposite result since Bolsonaro unexpectedly finished first in the Oct. 4 first round, with 47.03% of valid votes to Lula’s 45.16%. The Ibovespa jumped 7.85% the next day and EWZ gained more than 10% on bets that Bolsonaro would tighten public finances and open the way to lower interest rates. Monday’s drop erased that rally and, at its lows, left the Ibovespa about 11% below its Oct. 2 close. But Lula didn’t just beat Bolsonaro, he also beat prediction markets. Polymarket gave Bolsonaro an<a href="https://x.com/Polymarket/status/2114003200017575948" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> 82% chance</a> of winning the day before the vote, and Kalshi had him near 80% on Sunday morning. Both platforms are<a href="https://decrypt.co/resources/what-are-decentralized-prediction-markets-myriad-polymarket-kalshi" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow"> prediction markets</a>, where a contract that pays $1 if a candidate wins trades at 80 cents when traders see an 80% chance. Polling pointed to a coin flip rather than a favorite, with the latest Datafolha survey tied at 50% each among valid votes and CNT/MDA showing Bolsonaro ahead 50.5% to 49.5% in mid-October. Lula won 51.79% to 48.21%, a margin of about 4.4 million votes, according to Brazil’s Superior Electoral Court. Bolsonaro said on Sunday night that he does not recognize the result and will ask the courts to annul the election, after pledging in August to respect the outcome. He objected to Supreme Court Justice Cristiano Zanin’s decision to extend voting until 7 p.m. at the request of Lula’s campaign, which he said changed the rules midgame. His own campaign had separately asked for extr
Cailian Press, October 27 — Applied Materials announced it will increase its strategic investment in Dutch semiconductor packaging equipment maker BE Semiconductor Industries (Besi), raising its stake to approximately 20%.
According to CoinWorld news, Caixin reported on October 27 that Applied Materials announced it will increase its strategic investment in Dutch semiconductor packaging equipment maker BE Semiconductor Industries (Besi), raising its stake to approximately 20%.
Over the past 4 hours, the share of active buy trades in ETH contracts was 50.94%.
CoinWorld data: Over the most recent 4 complete hours, the taker buy share of ETHUSDT perpetual contract trades was 50.94%, while the taker sell share was 49.06%, with taker buying prevailing. Compared with the same-methodology snapshot 24 hours earlier, it fell by 2.7516 percentage points; compared with the same-methodology snapshot 7 days earlier, it rose by 0.9612 percentage points.
Bank of America and others finalize $63 billion AI financing package.
According to Bijie news, Bank of America, Blackstone, Citigroup, Morgan Stanley, and Broadcom have finalized a $63 billion artificial intelligence financing package.
BTC saw a net capital inflow of 1,319.7308 BTC over the past 24 hours.
BiJie.com data: BTC saw inflows of 9,530.6578 BTC and outflows of 8,210.927 BTC over the past 24 hours, for a net inflow of 1,319.7308 BTC. This figure comes from the rolling 24-hour calculation of the same BTC fund distribution interface, with the net amount calculated as inflows minus outflows. It does not represent net exchange inflows, on-chain exchange flows, or institutional fund flows, and should not be conflated with deposit/withdrawal data from any single exchange. Compared with the same-calculation snapshot 24 hours ago, it is up 176.89%; compared with the same-calculation snapshot 7 days ago, it is up 18.79%.
Broadcom: Expected to deliver AI accelerators purchased by Anthropic in 2027
According to a CoinWorld report, Broadcom (AVGO.O) stated that, under the agreement, deliveries are expected to begin in 2027. The new special purpose vehicle will purchase Broadcom XPU AI accelerators and networking solutions for Anthropic.
Bank of America, Blackstone Group and others partnered with Broadcom to establish a $63 billion financing structure.
Banking news: Bank of America, Blackstone, Citigroup, and Morgan Stanley announced a partnership with Broadcom (AVGO.O) to establish a landmark $63 billion financing structure to support AI computing capacity.
The proportion of active buy trades in BTC contracts over the past 4 hours is 49.98%.
CoinWorld data: Over the most recent 4 complete hours, the taker buy share of BTCUSDT perpetual contract trades was 49.98%, while the taker sell share was 50.02%, with taker selling dominating. Compared with the same-methodology snapshot 24 hours earlier, it rose by 3.9571 percentage points; compared with the same-methodology snapshot 7 days earlier, it fell by 0.0553 percentage points.
Bank of America, Blackstone, Citi and Morgan Stanley announce a $63 billion financing structure.
Bank of America, Blackstone, Citi, and Morgan Stanley today announced a $63 billion financing structure aimed at partnering with Broadcom to enhance artificial intelligence computing capabilities. The financing will provide funding support for related projects and drive development in the AI sector.
Market news: Intel (INTC.O) has agreed to acquire Israeli startup Classiq Technologies.
CoinWorld news, market news: Intel (INTC.O) has agreed to acquire Israeli startup Classiq Technologies.