Core Insights - Clara, a buy now pay later platform, is launching its own stable coin, CLAUSD, to enhance payment efficiency and reduce costs [4][5] - Anamoka Brands plans to go public in the US through a reverse merger with a Singapore-based fintech firm, targeting a valuation of $1 billion by 2026 [6][9] Market Overview - Crypto markets are mixed, with economic data raising hopes for a potential rate cut in December, while consumer confidence has dropped to its lowest since April [2][3] - Bitcoin is trading just above $87,000, while Ether and XRP have seen increases of over 2% and 3% respectively [3] Anamoka Brands' Strategy - Anamoka Brands aims to leverage its extensive portfolio of over 600 companies to provide investors with access to the growing web3 ecosystem, focusing on altcoins rather than just Bitcoin and Ether [16][20] - The company reported $314 million in revenue and $97 million in EBITDA last year, positioning itself as a profitable operating business [19][20] Future Initiatives - Anamoka is set to launch a stable coin initiative and an RWA marketplace, expanding its offerings in the web3 space [21][28] - The company plans to continue investing in various sectors, including AI, DeFi, and gaming, while also supporting startups in the crypto industry [31][32]

Core Insights - Melco Resorts reported revenue of $1.31 billion for the quarter ended September 2025, reflecting an 11.4% increase year-over-year and a surprise of +1.91% over the Zacks Consensus Estimate of $1.29 billion [1] - The company's EPS was $0.21, significantly higher than the $0.08 reported in the same quarter last year, resulting in a surprise of +90.91% compared to the consensus EPS estimate of $0.11 [1] Financial Performance - Total segment operating revenues for Mocha and Other were $28.6 million, exceeding the estimated $26.26 million but showing a -6.5% change year-over-year [4] - Altira Macau reported total segment operating revenues of $25.6 million, below the estimated $28.67 million, with a -16.1% change compared to the previous year [4] - City of Dreams generated $672.6 million in total segment operating revenues, slightly below the estimated $681.54 million, but showing a +19.3% year-over-year increase [4] - Studio City reported total segment operating revenues of $375.3 million, slightly below the estimated $387.7 million, with a +2.9% change year-over-year [4] - City of Dreams Manila had total segment operating revenues of $110.7 million, exceeding the estimated $105.64 million, but reflecting a -6.9% change year-over-year [4] - City of Dreams Mediterranean and Other reported total segment operating revenues of $85.8 million, surpassing the estimated $74.74 million, with a +33.2% year-over-year increase [4] Adjusted EBITDA - Adjusted EBITDA for Mocha and Other was $5.77 million, exceeding the average estimate of $4.92 million [4] - Studio City reported adjusted EBITDA of $104.67 million, slightly below the average estimate of $104.97 million [4] - City of Dreams Manila's adjusted EBITDA was $41.26 million, surpassing the average estimate of $32.24 million [4] - City of Dreams reported adjusted EBITDA of $206.88 million, exceeding the average estimate of $200.11 million [4] - City of Dreams Mediterranean and Other had adjusted EBITDA of $23.17 million, significantly above the average estimate of $12.94 million [4] - Corporate and Other reported adjusted EBITDA of -$28.46 million, slightly worse than the estimated -$28.5 million [4] Stock Performance - Melco's shares have returned -3.3% over the past month, contrasting with the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Model Performance & Innovation - A 7 million parameter model (TRM - Tiny Recursive Model) is outperforming larger frontier models on reasoning benchmarks [1][2] - TRM achieves 45% test accuracy on ARC AGI 1 and 8% on ARC AGI 2, surpassing models with significantly more parameters (less than 0.01% of the parameters) [2] - The core innovation lies in recursive reasoning with a tiny network, moving away from simply predicting the next token [6][23] - Deep supervision doubles accuracy compared to single-step supervision (from 19% to 39%), while recursive hierarchical reasoning provides incremental improvements [16] - TRM significantly improves performance on tasks like Sudoku (55% to 87%) and Maze (75% to 85%) [18] Technical Approach & Implications - TRM uses a single tiny network with two layers, leveraging recursion as a "virtual depth" to improve reasoning [23][27][28] - The model keeps two memories: its current guess and the reasoning trace, updating both with each recursion [25] - The approach simplifies hierarchical reasoning, moving away from complex mathematical theorems and biological arguments [22][23] - Recursion may represent a new scaling law, potentially enabling powerful models to run on devices like computers and phones [34] Comparison with Existing Models - Traditional LLMs struggle with hard reasoning problems due to auto-regressive generation and reliance on techniques like chain of thought and pass at K [3][5][6] - HRM (Hierarchical Reasoning Model), a previous approach, uses two networks operating at different hierarchies, but its benefits are not well-understood [9][20][21] - TRM outperforms HRM by simplifying the approach and focusing on recursion, achieving greater improvements with less depth [30] - While models like Grok for Thinking perform better on some benchmarks, they require significantly more parameters (over a trillion) compared to TRM's 7 million [32]

Core Viewpoint - The article highlights the top AI-driven no-code and automation tools that gained significant traction on Product Hunt during the week of July 28, 2025, showcasing their unique features and target user demographics [1][6][11]. Group 1: Mocha - Mocha is an AI-driven no-code application building platform designed for non-technical entrepreneurs and small business owners, allowing them to create fully functional applications without coding [5]. - It offers integrated user management, database, secure backend, and one-click deployment, addressing the pain points of traditional no-code tools [5]. - Mocha received 840 Upvotes and 130 comments on Product Hunt [6]. Group 2: X-Design - X-Design is an AI image enhancement tool specifically for lifestyle and home goods sellers, enabling users to transform simple product images into realistic lifestyle scenes [9]. - It targets small e-commerce sellers and startups, particularly those lacking professional photography resources [9]. - X-Design garnered 827 Upvotes and 79 comments [11]. Group 3: Droidrun - Droidrun is a mobile automation testing framework aimed at mobile app developers and testers, simplifying automation operations on mobile devices [13]. - It supports multi-platform device compatibility and automated script management, addressing the complexities of traditional mobile testing [13]. - Droidrun achieved 731 Upvotes and 42 comments [13]. Group 4: Launch - Launch is a full-stack application generation platform that combines AI with human support, designed for non-technical users to quickly build and deploy applications [19]. - It allows users to generate complete applications from a single text prompt, significantly simplifying the development process [19]. - Launch received 722 Upvotes and 87 comments [21]. Group 5: Kombai - Kombai is an AI agent focused on complex frontend tasks, capable of converting Figma designs into high-quality production code [24]. - It targets frontend developers and designers, addressing the limitations of traditional AI tools in complex projects [24]. - Kombai received 724 Upvotes and 66 comments [25]. Group 6: Sparrow - Sparrow is a lightweight API testing platform that integrates AI assistance and self-hosting capabilities, aimed at developers and testing teams [27]. - It emphasizes speed, clarity, and developer autonomy, addressing the inefficiencies of existing API testing tools [27]. - Sparrow achieved 602 Upvotes and 71 comments [28]. Group 7: CopyCat - CopyCat is a no-code browser automation platform that simplifies repetitive web tasks for non-technical users and teams [33]. - It combines AI prompts with reliable step-by-step operations, lowering the automation barrier and improving execution stability [33]. - CopyCat received 569 Upvotes and 90 comments [35]. Group 8: Rustic AI - Rustic AI is a next-generation visual design editor that combines AI generation with visual editing, targeting marketers, entrepreneurs, and content creators [37]. - It allows users to generate designs from text prompts and edit them through a drag-and-drop interface, enhancing user control over design elements [37]. - Rustic AI garnered 550 Upvotes and 78 comments [39]. Group 9: Doco - Doco is an AI writing assistant deeply integrated into Microsoft Word, aimed at professional users who rely on structured document creation [42]. - It optimizes document workflows by integrating multiple AI capabilities, reducing the need for switching between applications [42]. - Doco received 517 Upvotes and 41 comments [43]. Group 10: Ollama v0.7 - Ollama v0.7 is a high-performance local multi-modal AI engine compatible with mainstream visual models, designed for AI developers and researchers [45]. - It allows seamless local deployment of models, improving inference reliability and memory management efficiency [45]. - Ollama v0.7 achieved 501 Upvotes and 19 comments [46].