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Telecommunications & Media
YouTube and TikTok emerge as rivals, adding to Netflix\'s new growth dilemma
Netflix released its third-quarter results on Oct. 20 and showed its ability to generate profits remains intact, but the market reaction was negative. Revenue rose 12 percent to $12.9 billion, while growth was the weakest in three years. Concerns over viewing-time growth, especially in the United States and Canada, weighed on sentiment. The company also faces competition from YouTube and TikTok and a lack of new hits.
Crypto
XRP breaks above $1.60 as Kalshi pricing points to $1.70 in September
XRP is extending recent gains, with the Kalshi prediction market reflecting a high likelihood it rises to $1.70 this month. Interest has picked up after XRP broke through resistance around $1.60 and maintained upward momentum. At the time of writing, XRP was at $1.53 and would need to rise more than 11 percent to reach $1.70 by the end of September. On-chain data show XRP is up about 47.6 percent in the third quarter of 2026.
Finance
Korea Investment Securities expands BanKIS new customer benefits
Korea Investment Securities will expand benefits for new customers using its non-face-to-face account opening service BanKIS, including an investment credit. From August, first-time BanKIS account openers will receive 20,000 won that can be used to buy domestic shares, in addition to the existing offer of two shares randomly selected from KOSPI200 constituents. The benefit also applies to accounts opened through partner platforms.
