Chain, Crude & Chips: October 25, 2026
Oil, bitcoin and AI chips in three short updates.
Crude: Brent ends the week at a six-month high
Brent crude settled Friday at $116.72 a barrel, its highest since April 29, and U.S. crude at $103.27, capping a week of attacks on Saudi Arabia. Over the weekend, Saudi Arabia said it intercepted a Houthi missile and drone barrage, and Riyadh's airport reopened. See our story.
Chain: bitcoin back above $80,000
Bitcoin traded near $80,500 Sunday afternoon, according to CoinMarketCap and Kraken price pages, after slipping below $80,000 during the weekend selloff. See our story.
Chips: megacap earnings after the AI selloff
The Nasdaq lost 0.7% last week as disappointing reports from Meta and Lam Research hit AI-linked shares on Thursday. This week brings reports from three of the biggest AI spenders: Microsoft and Alphabet on Wednesday, Amazon on Thursday. See the week ahead.
