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Skydance merger closes, Musk regains trillionaire status, AI risks flagged
A $110 billion media merger closed Tuesday while Elon Musk regains trillionaire status and former AI researchers issue safety warnings. Investors are watching these developments as markets open higher.

Schneider Electric Agrees to Buy PTC for $22.6 Billion
Schneider Electric has agreed to acquire PTC in a $22.6 billion all-cash deal. The transaction strengthens Schneider's industrial software and AI portfolio ahead of expected data-center and automation demand.

OKXICE Files for 24/7 Tokenized Stock Trading Under SEC Exemption
OKXICE has notified the SEC of plans to operate nonstop tokenized trading for more than 60 U.S. equities under the Innovation Exemption, with pairs against stablecoins and access limited to verified wallets on XLayer.
From the feed · 9
France’s Finance Committee backed taxes on stablecoin swaps in the 2027 budget bill. It also targets unrealized crypto gains for households with more than 800,000 euros moving abroad.
MARA transferred $81.1 million in bitcoin to Galaxy Digital while pivoting toward AI. Its treasury fell from 53,822 BTC in February to 35,577 BTC in August.
Thailand finalized rules allowing Bitcoin and Ether ETFs to trade on the Stock Exchange of Thailand. The rules take effect next week.
Tens of billions of dollars in trapped capital could be freed by tokenization, Nasdaq CEO Adena Friedman said.
Breez saw partnership inquiries for its Bitcoin developer tools rise roughly 14-fold after AI coding agents went mainstream. The company tied the jump directly to tools like Anthropic's Claude Code, which developers now use to add bitcoin payments.
Greece is drafting a bill to tax crypto capital gains at 15%, exempting the first €500. The country currently has no crypto tax framework.
100.02 BTC mined in July 2010 moved Wednesday after 16 years. The coins are worth about $8.3 million, with no details in the transaction on ownership.
The NFL has joined states, former SEC Chair Gary Gensler, and a co-author of the relevant statute in asking the Supreme Court to limit federal oversight of prediction markets.
$50 billion in annualized revenue for OpenAI at the end of September sent Nvidia, Oracle, CoreWeave and other AI stocks lower.