PCI (Paycoin) sees 42.6% volatility in 24 hours: Trading volume surges 96.6% amid price fluctuations

Hedge funds cleared out their AI positions accumulated over the past two years within five trading days. According to Goldman Sachs Prime data, from October 8 to 14, the net selling scale of global AI stocks reached the second highest level in a year, with South Korea triggering a circuit breaker and foreign capital outflows from the Taiwan market hitting a single-day historical record. However, over a three-year period, net AI exposure still sits at the 83rd percentile, and total leverage is close to a five-year peak—this sell-off seems more like a beginning than an end.

The latest report from Bridgewater reveals that the record-high global bond yields cannot be explained by energy shocks alone. Expanding AI capital expenditures, elevated government spending, and continued central bank balance sheet reduction are jointly driving net asset supply toward its highest level in nearly half a century. The rising cost of capital is quietly spreading to the stock market. Once a chain reaction is triggered, both corporate investment and consumer spending—the two pillars of the US economy—could collapse simultaneously. With the current fiscal deficit already exhausted during prosperous times, the government will have virtually no options left when the crisis hits.

As user and revenue growth slow down, streaming giant Netflix has announced a leadership change. Veteran film and television executive Peter Rice will take over as Chief Creative Officer, with hopes to revive growth momentum.