Nasdaq Falls 4.5% for the Week Russia Claims 1,015 Drones Shot Down

Sam Altman said on the Sources podcast that OpenAI will build humanoid robots. He told Fortune he expects a 2027 demonstration, and OpenAI's careers page lists 27 robotics positions.

Citing industry sources, reports say Samsung Electronics will make the base die for Nvidia's custom HBM, NVHBM, in cooperation with TSMC. Nvidia reportedly wants the base die to use TSMC's 3-nanometer process.

Tian Guangyu, born in 2009, said on his X account on October 15 that he is leaving Moonshot AI. He took part in developing KDA and attention residual techniques, core to Kimi K3, and said he is heading to the San Francisco Bay Area.

Asia Economy reported that KOSPI fell 15% for the week and KOSDAQ fell 11%. A circuit breaker was triggered on the 15th, and foreign investors net sold 11.2395 trillion won from the 12th to the 16th.

The average won/dollar rate over 12 trading days in October was 1,342.6 won, the lowest since September 2024. It hit an intraday low of 1,328.9 won on the 16th, the lowest this year, and the average for 100 yen was 849.0 won.

Money Today reported that US September CPI rose 3.7% year over year, above the 3.6% forecast. On October 7, the 10-year US Treasury yield hit an intraday high of 5.36%, its highest level since 2002.

On Friday the Nasdaq Composite fell 2.14% to close at 26,140.03. The weekly decline of about 4.5% was its largest since June. Year to date, the index is still up about 12.5%.

The S&P 500 fell 1.09% to 7,659.44, and the Dow Jones Industrial Average fell 0.34% to 52,002.41. For the week, the S&P 500 fell about 1.9%, while the Dow rose about 0.7%.

The Philadelphia Semiconductor Index fell 3.83% to close at 11,137.29, and all 30 constituents declined. According to Reuters, it is the longest losing streak since October 2008.

Brent rose 3.7% to settle at $109.86 a barrel, its highest close since May 19. The VIX rose from 16.46 to 19.99.

Anthropic will allocate 5% of its stake to a public benefit fund, subject to shareholder approval. It may add 2% each time valuation rises 50% above the benchmark, and the fund is a fully funded LLC that will not be used for lobbying or political donations.

According to a Telegraph report relayed by Reuters, Microsoft has ended its contract for Nscale's data center in Essex, UK. Nscale said the relationship between the two companies is strong and long-term.

The central strike committee of the HD Hyundai Heavy Industries union decided on partial strikes of 7 hours a day from the 21st to the 23rd. A tentative agreement reached on September 30 was rejected in a member vote, and the closing price on the 16th was 351,500 won.

Hyundai Motor Group is developing Polaris, a manufacturing AI platform, together with Nvidia. Hyundai Motor's share price fell from a June closing high of 755,000 won to 312,000 won at Friday's close.

US Secretary of State Rubio said Ukraine currently cannot access the Starshield military satellite network. He rejected Zelensky's claim that the slowdown of Starlink speeds was deliberate, saying it was not.

US Secretary of State Rubio arrived in Samarkand on the 18th to begin his first visit to Central Asia. Agenda items for the C5+1 ministerial, which includes more than 100 American companies, reportedly include critical minerals, trade routes, and finance.

Clashes between government forces and the Houthis have intensified on several fronts. The IOM said more than 233,000 people have fled since the escalation, and the WHO warned that the city of Taiz is effectively cut off and that fuel at 12 hospitals will last four days.

Russia's Defense Ministry said it shot down 1,015 Ukrainian drones by early Sunday. Russian authorities said the fuel terminal in St. Petersburg was the target and that one person was killed and five were injured locally.

Ukrainian authorities said that by Sunday morning, Russian attacks over 24 hours had killed 11 people and injured nearly 50. Zelensky said Russia has struck the energy sector 76 times since the energy truce was announced.

The six Gulf Cooperation Council states condemned Houthi attacks on Saudi Arabia after a foreign ministers' meeting in Manama, Bahrain. They said an attack on one member affects all six and cited the joint defense agreement.

Iran's parliament approved Mehrdad Akhlaki as defense minister on the 18th. He succeeds former minister Nasirzadeh, who was killed in US and Israeli airstrikes in February, and the post had been held on an acting basis by Majid Ebnoleslami.

The Black Hole Hunters project by British astronomers is seeking volunteers to help analyze NASA TESS data. About 70 black holes have been found in the Milky Way, and the project has close to 23,000 participants.

Wiseman, Glover, and Hansen received the Hawking Medal on the 17th at the opening ceremony of Starmus VIII in Tenerife. The medal honors all four crew members, and Christina Koch did not attend.

An NYU research team exposed cell cultures to 24 hours of simulated microgravity, which enlarged the nuclei without DNA damage. Fluid flow stretched the cells and caused DNA damage. The paper was published in Science Advances.

The Democratic Party has made official its discussion of impeaching Supreme Court Chief Justice Cho Hee-dae. It has not set a schedule for filing the impeachment motion and maintains its plan to announce its response after the parliamentary audit.

Jeong Jeom-sik, floor leader of the People Power Party, criticized the impeachment move at a press briefing as irresponsible for a ruling party. He said the party will use every means to block the impeachment motion and the impeachment itself.

Ambassador to Ukraine Park Ki-chang, who was summoned, did not appear at the National Assembly Foreign Affairs and Unification Committee audit on the 18th. Yoon Ji-wan, minister-counselor, appeared remotely at the audit of the Polish embassy as acting ambassador.

This year's parliamentary audit has reached its halfway point, but an assessment says policy scrutiny has been pushed aside by lawmakers' social media video-driven short-form politics. Shouting matches and disruptions continued in the Legislation and Judiciary Committee and the Science, ICT, Broadcasting and Communications Committee.

A Seoul Shinmun survey found that 124 lawyers, advisers, and expert committee members at the top 10 law firms are former Fair Trade Commission officials. Kim & Chang has 32, Bae, Kim & Lee has 18, and Lee & Ko has 16, and 5 of the 7 people who left the commission in the first half of this year joined law firms.

Reuters reported on the 18th that China has proposed export controls on 12 technologies used in solar equipment manufacturing. A republished article said the measure could complicate overseas production plans.

Typhoon Champi passed about 16 km south of Merizo, Guam. The Guam Power Authority said it was not a complete blackout, and damage was greatest in the south, with about 51% of distribution lines in operation.

President Trump approved a federal emergency declaration for Guam and the Northern Mariana Islands, allowing FEMA to deploy personnel and resources. Guam remains at Readiness Condition 1, the highest level.

Category 2 Hurricane Trudy with maximum sustained winds of 105 mph brought wind and rain to Mexico's Pacific coast. The US National Hurricane Center warned of flooding and mudslides in Michoacan, Colima, and Jalisco.

A team led by Professor Bae Hee-jun at Bundang Seoul National University Hospital analyzed 711 patients with arterial dissection. The cumulative recurrence rate was 8.7% on the first day, 17.4% within one week, and 19.9% within one year. The paper was published in Neurology.

India's Department of Chemicals and Fertilizers said it will cut the prices of 137 anticancer drugs by 70% and limit distribution margins to 30% of the maximum retail price. The changes take effect on November 9 and cover more than 20 cancer treatments.

Dankook University Hospital, a regional responsible medical institution in South Chungcheong, held a joint symposium on building an emergency care system on October 18. South Chungcheong Province and five responsible medical institutions co-hosted it, and video information sharing and transfer coordination were discussed.

A 59-year-old woman in Florida had a pancreatic lesion found on a whole-body MRI, but a follow-up MRI confirmed a benign cyst. Reports say major medical societies do not recommend whole-body scans for people outside high-risk groups.

The film Chiikawa: The Secret of the Mermaid Island kept first place over October 16 to 18 with 378,458 viewers. Its share was 44.1%, and its cumulative audience is 1,828,893.

Assassins drew 139,989 viewers on the same weekend to take second place, a 65.7% drop from the previous week. Its cumulative audience is 3,249,146, and third place went to Tajja: Song of Belzebub.

According to the KOFIC integrated network, Assassins had a cumulative audience of 3,192,758 as of the morning of the 18th. Amid controversy over its historical interpretation, the 31st Busan International Film Festival canceled its official screening schedule over safety concerns.

Episode 4 of the SBS drama Doctor X, broadcast on October 17, recorded 18.5% nationwide according to Nielsen Korea. It rose 3.4 percentage points from 15.1% in Episode 3 and is the show's highest rating to date.

Based on Sunday estimates, Street Fighter opened to about 31 million dollars in North America and about 51 million dollars worldwide. The production budget is 82 million dollars, and the No. 2 film in North America is the 15-million-dollar documentary You Can See Everything.

KIA beat LG 6-3 in Game 2 of the semi-playoff in Gwangju. They scored five runs in the first inning, and Ollers pitched six innings, allowing two runs, to earn the win. Game 3 will be played at Jamsil on the 20th.

Arsenal beat Nottingham Forest 1-0. Substitute Noni Madueke scored in the 80th minute, and the shot deflected off Jair Cunha and went past goalkeeper Matt Turner.

Manchester United drew 1-1 with Leeds at Elland Road. Mbeumo scored in the 35th minute to give United the lead, and Calvert-Lewin equalized in the 6th minute of the second half. Brighton beat Crystal Palace 5-0.

Microsoft 365 API credentials for ConnectWise Cloud Backup were stolen, and unauthorized logins were confirmed in 173 tenants as of October 17. The service remained suspended on the 18th.

OpenCode said there was unauthorized access to an older system. Linked OpenAI and Anthropic keys may have been exposed, and affected users were advised to rotate their keys.

Hollys announced on the 18th that IDs, passwords, names, dates of birth, contact details, and addresses of members who signed up before February 11, 2020 were leaked. The scale of the leak has not been disclosed.

Hits raised an 18.3 billion won Series B led by Premier Partners. Total investment reached 28.6 billion won, and new investors included Yuanta Investment and Samsung Securities.

Switch One raised about 30 billion won in a Series A from Busan United Technology Holdings, POSCO Technology Investment, and others. Its first-half revenue was 96.6 billion won, and it will invest in gold trading infrastructure and expansion in Japan's digital asset market.

OQT, which develops neutral-atom quantum computers, raised 14 billion won in a pre-Series A led by DSC Investment. SMR developer RX received a 10 billion won pre-A bridge round.

Lablup, a company that develops AI infrastructure resource management software, will hold demand forecasts through the 19th at an IPO price band of 19,000 to 22,000 won, and general subscription will be held on the 22nd and 23rd. NH Investment & Securities is the lead underwriter.

Iran's IRGC Navy said on Saturday that a second VLCC struck a mine in the Strait of Hormuz and its engine room exploded. There is no confirmation from Western military or maritime authorities, and the vessel's name has not been disclosed.

Brent rose 3.72% to settle at $109.86, and WTI was at $101.41. AIS data shows 172 ships waiting in the strait and Gulf monitoring zone, and IMF PortWatch recorded two transits on October 11.

On the 15th Netflix named Peter Rice as successor to Bela Bajaria as chief content officer. It recently carried out large-scale layoffs, and its share price has fallen more than 45% from a year ago.