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CPI, PPI and TSMC Earnings Recap | WEEX Weekly Market Recap (2026.10.12-10.16)
WEEX Weekly Market Recap focuses on CPI, PPI, TSMC earnings, AI financing pressure, BTC’s key support, the PYTH buyback narrative, L2 and privacy-token rotation, and crypto-finance strength. Risk assets first pulled back on oil, inflation, and AI valuation pressure, then rebounded quickly after the market digested the PPI shock.
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Meta releases Muse Spark Open: a mixed expert model with 816 billion total parameters and 42 billion active parameters, open weights, natively supporting multimodal input, with a context window of 1 million tokens, touted as the most powerful open-source weight model in the U.S. to date.
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Chainalysis traces 60 bitcoins stolen from a fraudster among the victims of compromised Ledgers. Ledger removes its wallets from shelves in Asia.
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