16/10/2026
Here are your most important market updates to round out the week:
📌Bitcoin is hovering around $81 800, while Ethereum sits near $2 430. Meanwhile, something big could be coming for Solana. Find out what matters in crypto this week in our latest article, available in the Crypto tab on your For You screen — or follow the link: https://tinyurl.com/y5deakbj
📌Neocloud stocks are sliding after Gartner warned that over 80% of these AI-focused cloud companies may not remain independent by 2030, raising concerns that AI revenue may not cover massive infrastructure costs. Meanwhile, CoreWeave’s bond yield hit 15%, with its shares closing down 15.5% and Nebius falling 10%.
📌Cerebras (CBRS) has fallen to around 25% below its IPO price, with 19.4 million shares becoming eligible for sale on 14 October. Meanwhile, analysts’ average price target is roughly double the current share price.
📌Tesla unveiled its next-generation Roadster, showcasing jaw-dropping stunts as the car leapt into the air and performed a kickflip over a lineup of Tesla vehicles. The top-tier version is designed with flight capabilities, prompting Elon Musk to declare that “the future does have flying cars.” Production is targeted for 2028, with reservations now open. After the demo Tesla stock surged over +5%.
📌Luxury giant Richemont and US retailer Signet Jewellers are in talks to join a consortium that is in a prime position to acquire diamond miner De Beers, according to five people familiar with the matter. The emergence of support from the owner of luxury brand Cartier and major jewellery retailer Signet would be seen by the industry as a significant boost for natural stones, at a time when the sector is slowly emerging from one of its worst-ever crises.
Find the listed assets and trade their updates on BROKSTOCK.
