Technology:

• Apple plans to launch Apple Intelligence in China with iOS 27.3 ($AAPL).
• Market Imbalances: Closing-imbalance data shows net buying interest across major indices, led by the S&P 500 (+1,419 mln) and Nasdaq 100 (+600 mln).

#Geopolitics & Defense:

• The US military confirmed that crew members were safely removed before the destruction of an Iranian-affiliated dhow that was conducting surveillance and targeting US Navy ships in the Gulf of Oman on October 6th.
• Reports noted a strong explosion in Jeddah, Saudi Arabia, according to the IRGC.
• Yemen is reportedly seeking training and intelligence assistance from the US, per CBS News citing the Foreign Minister.

Federal Reserve Commentary:

• Fed official Austan Goolsbee made several remarks discussing economic conditions, noting that consumer and investment levels remain strong, but cautioning that AI hype risks tech sector over-heating and that persistent inflation trends require close monitoring.