Group 1: Bitcoin and Financial Markets - JPMorgan analysts predict Bitcoin price may rise to $165,000 by year-end, stating it is undervalued compared to gold based on volatility-adjusted metrics [2] - The current market capitalization of Bitcoin is approximately $2.3 trillion, which would need to increase by about 42% to match the $6 trillion private investment in gold [2] Group 2: Oil and Commodity Prices - On October 2, international oil prices fell, with WTI crude oil settling at $60.48 per barrel, down $1.3 (2.10%), and Brent crude at $64.11 per barrel, down $1.24 (1.90%) [3] - COMEX gold futures also declined, dropping $29.4 (0.75%) to $3,868.1 per ounce [3] Group 3: Corporate Developments - DualEntry, an AI-driven ERP software company, secured $90 million in Series A funding, achieving a valuation of $415 million [2] - OpenAI responded to Elon Musk's lawsuit regarding alleged harassment, requesting the court to dismiss the case related to trade secrets [4] - Meta launched community features on Threads, targeting popular interest areas such as NBA/WNBA, television, and K-pop [6][7] - Ryanair's CEO warned that a French air traffic control strike could affect 100,000 passengers, resulting in an estimated loss of £20 million for the airline [7] - CME Group announced plans to offer 24/7 cryptocurrency futures and options trading starting in 2026 [8] - Amazon introduced a new private label brand, "Amazon Grocery," aimed at competing with Walmart and Costco, featuring over 1,000 grocery items priced under $5 [11] Group 4: Regulatory Environment - The U.S. government shutdown has led to a suspension of IPO processing by several financial regulatory agencies, with over 90% of SEC employees on leave [10]