BlockBeats news, October 29, key pre-market news in the U.S. stock market is as follows:
1. Microsoft has launched a 10-tranche U.S. dollar high-grade bond offering, its first since 2017. Microsoft plans to raise at least $25 billion through this U.S. dollar bond issuance.
2. ICE, the parent company of the New York Stock Exchange, has partnered with Trade.xyz to bring perpetual contract products into regulated U.S. markets.
3. Apple has officially released its new-generation MacBook Pro, introducing touch functionality to the Mac product line for the first time and featuring the all-new ProLED XDR display. The M5 Pro 14-inch model starts at $2,899.
4. Amazon is doubling down on smart home devices, unveiling five new products centered on the Alexa AI assistant. Among them, the 16-inch smart screen Echo Show 16 starts at $499.99, going head-to-head with Apple's $299 HomeView.
5. Prediction market platform Kalshi has completed a $1 billion Series G funding round, reaching a post-money valuation of $40 billion.
6. Marvell Technology is in advanced talks to acquire optical communications leader Lumentum, and the two sides may announce a deal as early as next week. The potential acquisition could help Marvell Technology expand its optical technology footprint for AI infrastructure.
7. U.S. consumer prices rose faster in September, which may further support the Federal Reserve in raising interest rates again in December after pausing rate hikes this week.
