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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
The number of issuers opposing tokenization has increased to 26, with four companies including IBM raising objections.
According to Bijie news, the number of issuers opposing tokenization has increased to 26, with four companies—IBM, Oracle, Intel, and IonQ—posting on the X platform to express their opposition. Under the SEC innovation exemption, these companies have raised objections to proposals to tokenize their stocks, bringing the total number of issuers that have raised objections to 26.
The VIX volatility index stands at 18.39 points.
CoinWorld US stock market data: The VIX volatility index closed at 18.39 points. Compared with the same-caliber snapshot 7 days ago, it fell 0.05 points.
BTC liquidations totaled $29.0049 million over the past 24 hours.
CoinWorld data: BTC liquidations over the past 24 hours totaled approximately $29.0049 million, with 2,415 liquidation orders recorded. Compared with the same-caliber snapshot 24 hours ago, this is up 22.4%; compared with the same-caliber snapshot 7 days ago, it is down 36.39%.
HSBC Holdings announces a share buyback program of up to $1 billion.
CoinWorld news: HSBC Holdings announced a share buyback program of up to $1 billion.
HSBC Holdings' pre-tax profit for the nine months was $29.15 billion.
CoinWorld news: HSBC Holdings achieved a pre-tax profit of $29.15 billion over the past nine months.
HSBC Holdings announced its 2026 third-quarter results, with profit before tax of $9.6 billion.
HSBC Holdings announced its 2026 third-quarter results, with profit before tax of US$9.6 billion, an increase of US$2.3 billion, or 32%, compared with the third quarter of 2025. Revenue increased by US$0.8 billion to US$18.6 billion compared with the third quarter of 2025, mainly reflecting growth in net interest income from banking operations. Net interest income was US$9.3 billion, an increase of US$0.5 billion, or 6%, compared with the third quarter of 2025. The Board has approved the payment of a third interim dividend of US$0.1 per share. On September 28, 2026, HSBC completed the US$1 billion share buyback announced when it published its interim results and also intends to initiate a share buyback of up to US$1 billion, which is expected to be completed before the announcement of its full-year 2026 results.
Ant Group's Lingguang 2.0 is now fully open to the public: personal agents are live, able to monitor product price drops and manage everyday tasks.
According to CoinWorld news, Ant Group's Lingguang app has launched version 2.0, shifting from chat and generating mini-apps to a personal AI agent that can help users handle affairs over the long term. The new version focuses on long-term memory and proactive execution. Users only need to state a goal, and the AI will organize the steps, keep following up, and proactively remind them when there are important changes. The new feature "Help Me Manage" mainly handles trivial matters that require long-term attention, such as regularly checking product prices every day and notifying users when the price drops to a specified level, and continuously tracking flights, hotels, and travel arrangements, adjusting plans promptly when delays or capacity restrictions occur. The new version also adds a "My Life" page, which centrally displays the tasks currently being managed and the progress that requires the user's attention. In addition, Lingguang is also trying to connect to external services through skills and MCP, such as sending messages on DingTalk and querying and operating smart home appliances.
The long-to-short account ratio for BTC contracts is 2.35.
CoinWorld data: The BTCUSDT 4-hour long-short account ratio is 2.35, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.0938; compared with the same-caliber snapshot 7 days ago, it rose by 0.6342.
Market news: A drone struck a passenger bus in the Russian-occupied area of Zaporizhzhia.
CoinWorld news, market news: A Russian-appointed official said a drone struck a passenger bus in the Russian-occupied area of Zaporizhzhia, killing 1 person and injuring another 30.