News Flash, Saturday, October 31, 2026

Transcript

This is the OpenSight News Flash for Saturday, October 31, 2026. This episode is read by an AI voice.

US inflation picks up again in September with core prices up three point one percent. US consumer prices rose faster in September. The price index for personal consumption expenditures, the PCE index, climbed half a percent in the month and three point six percent on the year. Core prices, without food and energy, rose three point one percent on the year. That is up from three percent in August. It is the Federal Reserve's preferred inflation gauge, and it stays well above the Fed's two percent target. Personal income grew only 0.2 percent in September while spending rose 0. That report is from US Bureau of Economic Analysis.

Intel has its worst day since 1974 after a weak outlook drags the Nasdaq down. Intel shares fell nearly 29 percent on 30 October, their worst day since 1974. The company had beaten its own targets for the third quarter, with revenue up 21 percent to about 16 and a half billion dollars. But it guided the fourth quarter lower, citing a PC slowdown it expects to last at least through the first half of next year. The Nasdaq fell almost 3 percent the same day, its biggest drop since June. That report is from Intel.

A critical GitLab flaw patched in October is now being exploited in the wild. Attackers are exploiting a critical flaw in GitLab, the code hosting and CI platform. The US Cybersecurity and Infrastructure Security Agency, CISA, added it to its list of actively exploited vulnerabilities on 29 October. The flaw has the highest severity score of ten. An attacker without an account can run code on the server with a crafted regular expression in a pipeline configuration. It affects GitLab Community and Enterprise Edition from version 19.2 up to the fixed releases 19.2.8, 19.3.4 and 19.4.2, which GitLab published on 12 October. That report is from CISA.

Amazon posts its best margin ever while AI spending turns cash flow sharply negative. Amazon reported third-quarter sales of about 202 billion dollars, up 12 percent. Operating income rose to about 28 billion dollars, the highest margin in the company's history. Its cloud arm AWS grew 39 percent, the fastest pace in nearly five years. But capital spending reached about 77 billion dollars in the quarter. Free cash flow over the last twelve months fell to about minus 42 billion dollars. Earnings per share were 1.89 dollars, below a year earlier, when gains on the Anthropic stake lifted profit by 9.5 billion dollars. That report is from Amazon.

Every item, with its sources, is on opensight.ch/news. Thank you for listening.