earnings

The Q3 earnings season for U.S. stocks kicks off this week. According to Zacks data, the year-on-year earnings growth for S&P 500 constituents is expected to reach 24.3%, marking the eighth consecutive quarter of double-digit growth, with the technology sector expected to grow by 43.3%, being a major contributor.The AI narrative has entered its fourth year, and investors are shifting their focus to evidence of stable profit growth. If companies fail to meet market expectations, stocks that previously rose due to AI prospects may face greater downward pressure. The earnings release dates for major tech companies include: SML on October 14, TSMC on October 15, Netflix on October 20, Tesla on October 21, Western Digital on October 22, SK Hynix on October 27, Alphabet and Microsoft on October 28, Intel, Amazon, and SanDisk on October 29, Kioxia on October 30. In November, Apple and Palantir on November 2, AMD and SpaceX on November 3, Meta and Arm on November 4, Cisco on November 11, Applied Materials on November 12, NVIDIA on November 18, Dell on November 24. On December 1, Marvell and CrowdStrike will release their earnings. The above dates are forecasts, and the actual disclosure times may be adjusted.

CITIC Securities released a research report indicating that as the performance of U.S. stocks during the domestic long holiday becomes desensitized to interest rates, investors' focus will shift to the upcoming third-quarter earnings reports of U.S. stocks starting next week.LSEG's consensus expectations show that the S&P 500's revenue and earnings growth rates for Q3 2026 are expected to reach 1.2% and 45.0% year-on-year, respectively, with a slight decline quarter-on-quarter. At the industry level, the year-on-year earnings growth rates for energy, information technology, materials, and healthcare all exceed 50%. The high growth in U.S. stock earnings may no longer be concentrated solely in leading technology companies, as the earnings contribution from non-tech sectors is significantly increasing.For Hong Kong stocks, although the overseas interest rate hike cycle combined with the restart of AI momentum trading continues to pressure liquidity, the fundamental expectations have bottomed out, and the earnings growth expectations for major broad-based indices have begun to be revised upward. The adjustment of industry earnings expectations is significantly differentiated, with some sub-sectors seeing upward revisions, while the earnings expectations for domestic demand-related industries still face downward pressure. The upcoming third-quarter performance will be an important basis for assessing the progress of recovery. We advise investors to remain patient with Hong Kong stocks, as short-term dividend strategies are expected to continue to outperform.

The meme coin issuance platform Pump.fun will adjust its call reward mechanism, linking rewards to the actual earnings of followers. Co-founder Alon stated that starting from the settlement on October 10, recommending low market cap tokens will receive less reward.Pump.fun is a meme coin issuance platform running on the Solana network, where users can create and trade tokens.

On October 8, WEEX Exchange announced the launch of the "U.S. Stock Earnings Prophet" event, which runs from 10/6 19:00 to 11/6 23:59:59 (UTC+8). During the event, users can earn points through contract trading, inviting friends, and other methods. New users will receive points upon registration; using points to choose "Bullish" or "Bearish" allows participation in the market trend predictions following the earnings releases of popular U.S. stocks. Regardless of the prediction outcome—win, lose, or average—participants can share in the USDT prize pool.Each prediction event has its own prize pool. Currently, predictions are open for earnings reports from four companies: SanDisk (SNDK), Tesla (TSLA), Google (GOOGL), and Intel (INTC), with prize pools of 2,000 USDT, 2,000 USDT, 1,000 USDT, and 1,000 USDT respectively. Participating in predictions also allows users to accumulate points, and the top 20 users in points ranking can receive VIP5 to VIP7 benefits for 30 days.

Strategy Official news, the company will hold a conference call for the third quarter financial report of 2026 at 5 PM Eastern Time on October 29. The conference call will be broadcast live on Zoom, X, and YouTube platforms.

Greece is preparing to legislate a 10% tax on capital gains from cryptocurrencies. The draft bill was published on Thursday local time and has entered the public consultation phase, with a submission to parliament expected in November.According to the draft, individuals can be exempt from tax on capital gains from cryptocurrencies up to 500 euros per year, which is approximately 559.95 USD. Greece currently lacks a complete tax legal framework for cryptocurrencies, and officials have stated that it is difficult to accurately estimate the size of the country's cryptocurrency market due to the vast majority of investors using offshore platforms. The government has not made specific predictions regarding the fiscal revenue generated by the new tax.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated that although the market has been cautious recently, the fundamentals of the S&P 500 are improving, and the index valuation has actually declined. Fundstrat expects that the earnings growth rate of S&P 500 constituents in the third quarter may approach 30%, and the earnings per share (EPS) forecast for 2027 has been raised by more than 20% since the beginning of the year.Tom Lee pointed out that the S&P 500 index's increase is lower than the upward adjustment of earnings expectations, which means that the market valuation multiple is actually declining. He also believes that high oil prices may strengthen the U.S. economy through energy exports, while the leading performance of technology stocks and the cryptocurrency market indicates that the market is betting on weaker inflation in the future.

As companies make significant investments in AI infrastructure, American businesses are about to welcome a strong quarterly earnings season. Goldman Sachs expects that the earnings of S&P 500 constituent companies will grow by 27% year-over-year in the September quarter. Société Générale stated that this will be the third consecutive quarter of earnings growth exceeding 25%.

On October 3, TRON DeFi Summer announced that S3 will officially launch tomorrow (October 4) at 08:00 SGT, with a total prize pool of 2 million USD, including a TRX pool of 1 million USD, a USDD pool of 600,000 USD, a JST pool of 300,000 USD, and a SUN pool of 100,000 USD. The four major asset pools will simultaneously open a 60-day Boosted APR incentive.Users can enter JustLend DAO through Binance Wallet DeFi to participate. Users holding S2 positions do not need to take additional actions to automatically extend their S3 reward eligibility. New users can prepare assets in advance to seize the first day's earnings. With the S3 opening approaching, we sincerely invite both new and old users to join together and share in the 60 days of Boosted earnings.

TRON DeFi Summer announces the conclusion of S2, with S3 officially starting on October 4 at 08:00 (SGT), bringing a continuous 60-day Boosted APR incentive and a total prize pool of 2 million USD. The four major assets TRX, USDD, JST, and SUN will continue to participate.Users can enter JustLend DAO through Binance Wallet DeFi to explore on-chain yield opportunities. Users who have participated in S2 do not need to reapply; they can seamlessly participate in S3 and continue to qualify for rewards by maintaining their current holdings. Users who have not yet participated can prepare their assets in advance and join as soon as the event starts. More S3 gameplay will be announced soon, and the next chapter of the yield journey continues without interruption.

Trader degentrading (@degentradingLSD) pre-market analysis shows the following major signals in the current market:Macroeconomic Level: The 10Y yield has risen to 5.2%, and the 30Y has risen to 5.5%, approaching historical highs; the South Korean stock market opened down 2.5%, with the memory and semiconductor sectors (SK Hynix, Samsung, MU, SNDK) generally down 2% to 5%. It is expected that price movements will continue to fluctuate before MU's earnings report is released.New Cloud Computing: The investment payback period for computing projects is now less than a year, and market perceptions are changing. It is expected that the new cloud sector will undergo rapid revaluation, and the issue of power bottlenecks is also receiving increasing attention.Tech Stocks: META is weak pre-market, focusing on buying at the 690 support level or opportunities for breaking historical highs. If the large-scale data center sector breaks through as a whole, META, MSFT, and others will face paradigm-level repricing.Cryptocurrency Market: Mainstream coins and altcoins are generally weak, with BTC possibly testing the 82K support level; last week, TAO and DOGE were reduced, and CRDO was taken for profit to release risk capital. During the KBW period, crypto sentiment is usually somewhat positive, and this week's strategy focuses on finding short-term bullish opportunities.

Next week's macro data focus will be on Friday's U.S. non-farm payroll report, including non-farm employment population, unemployment rate, and average hourly wage, which are directly related to the Federal Reserve's interest rate path and are important employment data ahead of the October monetary policy meeting. According to Beijing time, on Wednesday at 20:15, the U.S. September ADP employment figures will be released, and at 20:30, the U.S. August core PCE price index year-on-year will be announced; on Thursday at 20:30, the number of initial jobless claims in the U.S. for the week ending September 26 will be released, and on Friday at 20:30, the U.S. September seasonally adjusted non-farm employment population and unemployment rate will be published.Regarding officials' speeches, on Thursday at 16:00, Bank of England Governor Bailey will speak, and at 21:30, European Central Bank President Lagarde will speak. Starting from early Wednesday, Federal Reserve officials will have a series of public activities; 2027 FOMC voting member and Chicago Fed President Goolsbee, along with 2028 FOMC voting member and St. Louis Fed President Bullard, will speak in succession, and FOMC permanent voting member and New York Fed President Williams will deliver a keynote speech at the University at Buffalo. On Thursday, Federal Reserve Governor Cook, Minneapolis Fed President Kashkari, and Richmond Fed President Barkin will speak in turn, and on Friday, Williams and Dallas Fed President Logan will still have public activities. In terms of U.S. stocks, Micron will release its earnings report after the market on Wednesday, and Nike will announce its latest quarterly earnings report on Thursday, with both companies corresponding to storage chips and consumer demand.

Blockchain analysis company Chainalysis estimates that France's potential taxable cryptocurrency activity will reach $9.4 billion by 2025, including $5.2 billion from payments, $2.5 billion from capital gains, and $1.7 billion from mining and staking income. French taxpayers reported only €368 million in net income for the 2024 fiscal year, involving about 24,000 people, an increase from approximately 7,700 people and €150.8 million in the previous year.Chainalysis stated that the non-compliance rate for cryptocurrency taxes in some countries may exceed 90%. The EU's eighth directive on administrative cooperation, DAC8, came into effect on January 1, 2026, requiring cryptocurrency service providers to collect user identity and transaction data. Tax authorities in member states will start exchanging relevant records cross-border from September 30, 2027; CARF currently covers about 14% of the world's potential taxable on-chain activities.

According to official news, Gate will launch the 15th phase of the Joint Earnings Coin event from September 3, 12:00 to September 23, 12:00 (UTC+8), with a total welfare prize pool of 500,000 USDT.During the event, users can open exclusive red envelopes and invite friends to register. After friends complete identity verification, designated deposits, and trading tasks, both parties can jointly receive USDT cash red envelope rewards, with a maximum of 100 USDT per transaction. The more invitations sent, the more red envelopes received, and there is no cap on individual cash rewards.

The Monetary Authority of Singapore (MAS) has proposed amendments to the Payment Services Act, requiring stablecoin issuers to always hold at least 100% of the circulating tokens in equivalent assets as reserves, which must be segregated from the issuer's own funds and only held with licensed financial institutions.The proposal also prohibits issuers from paying interest or other yields linked to stablecoin holdings to holders, on the grounds that stablecoins are intended for payments rather than investment or yield generation. This stance is consistent with the U.S. GENIUS Act and the EU MiCA regulation. The consultation also considers limited recognition for foreign stablecoins regulated under equivalent overseas frameworks. The consultation closes on October 16, and the implementation date has not yet been announced.MAS Deputy Managing Director Ho Hern Shin stated that trusted and well-regulated stablecoins can serve as reliable settlement assets in the tokenized financial market, while reducing risks for users and the broader financial system.