Dogecoin Foundation Supports the Establishment of Dogecoin Labs to Promote the Practical Application of DOGE

On October 20, equity indexes were mixed. The S&P 500 closed slightly higher, while the Nasdaq was roughly flat. SpaceX reported third-quarter revenue of $14.58 billion and net income of $4.4 billion, both well above forecasts, and rose about 3% after hours. Bitcoin traded near $83,000, while ZEC led majors with a more-than-10% gain in 24 hours. Memory, optical and crypto-finance names rose from the prior evening, and CoreWeave and SMCI bounced off lows. Tesla, Meta and other companies report on October 21.

Early on October 19, equity futures rebounded from last week’s chip selloff. Major indexes closed lower last week, the Nasdaq posted its worst week since June, the semiconductor ETF fell about 10%, and CoreWeave lost about 25%, while energy stocks were relatively resilient. Bitcoin traded near $82,000 after sweeping lows around $80,000, with markets watching the $79,800 and $83,600 zones.

WEEX Weekly Market Hotspot Preview focuses on the PUMP unlock, the start of financial earnings, CPI, ASML earnings, PPI, retail sales, TSMC earnings, and Fed Chair Warsh’s annual-meeting fireside chat. The main themes are inflation repricing, financial-earnings validation, AI chip demand confirmation, and crypto supply pressure.