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Top stories today:
- Bitcoin drops to $83K as crypto slide extends month-long retreat
- Google updates Quick Share to work with Appleās AirDrop
- Kalshi said to hit $11B valuation after $1B Sequoia, CapitalG round
- U.S. job growth beats forecasts, but unemployment climbs
- Gemini 3 Pro Image aka Nano Banana Pro debuts
- Oracle emerges as credit-market bellwether for AI risk
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Bitcoin drops to $83K as crypto slide extends month-long retreat
$81,385.97 was the new low at 2 AM ET on Fri.
The $1T+ crypto wipeout deepened as Bitcoin hit a 7-month low, marking a new phase of the 2025 crash
$4.3T was the crypto market cap on Oct. 6, now down to about $3.2T.
2. Google updates Quick Share to work with Appleās AirDrop, starting with Pixel 10
Allows wireless transfer of photos, videos, and files between Android phones and iPhones.
iPhone users must switch AirDrop to āEveryone for 10 minutesā to receive files from a Pixel.
The feature is built āwith security at its coreā and vetted by independent experts, Google said.
It was not a collab with Apple and was developed through Googleās āown implementation,ā a Google spokesperson said.
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4. Kalshi said to hit $11B valuation after $1B Sequoia, CapitalG round
