CALWIRE Market Update (Friday, October 16, 2026)

By Calwire Markets Desk

  By Calwire Markets Desk

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Today's top story: SpaceX AI policy leader grilled by NYC Council on Grok safety, sexualized images. This roundup covers 12 stories from CNBC Top, MarketWatch, and Fortune.

Related: CALWIRE Stock Market Open Roundup (Friday, October 16, 2026) · CALWIRE Market Update (Friday, July 17, 2026)

SpaceX AI policy leader grilled by NYC Council on Grok safety, sexualized images
SpaceX head of global government affairs for AI Gabriela Castillo Madrid said the company had appropriate safeguards in testimony... — CNBC Top

Sickle cell gene therapies offer new hope, but access remains a major challenge
FDA-approved gene therapies for sickle cell disease offer a chance to help patients, but factors including cost and access have sl... — CNBC Top

Is Apple’s foldable iPhone Duo worth $2,000? See how it stacks up against other foldable phones.
Preorders for the iPhone Duo began Friday, marking Apple’s debut in a foldable phone market largely dominated by Samsung an... — MarketWatch

The stock market has already crashed: Why a Wall Street veteran says Nike is the ultimate turnaround trade.
Larry McDonald says the S&P 500’s record chasing is hiding lots of companies with sliding stocks. He has ideas on how t... — MarketWatch

Blue Origin plans $330 million Florida expansion to ramp New Glenn launches
Blue Origin said it's targeting multiple flights per week of its New Glenn rocket by the end of the decade. — CNBC Top

A stock-market ‘sell’ signal has been silenced — but these Bank of America strategists say it’s too early to buy
Even though October’s correction has brought about some relief for bond markets and revivified the rate sensitive sectors o... — MarketWatch

Europe's answer to SpaceX pops 19% as Ukraine's Starshield limits raise concerns
Eutelsat's shares soared this week and continued climbing on Friday as its competitor Starshield drew criticism over its limitatio... — CNBC Top

AI 'espionage' is a reality that companies need to be 'wary of,' DNI Jay Clayton says
AI "amplifies" existing cybersecurity risks toward U.S. digital infrastructure, Clayton said on "Squawk Box." — CNBC Top

Influencers and biohackers swear by fasting. Here’s what the science says.
Fasting can help some people reduce how many calories they eat — but it’s not “effortless” as some inf... — MarketWatch

Jeff Bezos sold his Seattle mansion for a record $63 million before Washington passed a millionaires tax—he now lives in a $237 million Miami compound
He and Lauren Sánchez Bezos now live in a $237 million Miami compound. Washington voters decide Nov. 3 whether to repeal the tax. — Fortune

Tesla unveils long-delayed Roadster developed with SpaceX, fueling merger speculation
Elon Musk first debuted the Roadster refresh concept in 2017 but Tesla has since missed every targeted delivery date. — CNBC Top

Here's how the CoreWeave sell-off is affecting OpenAI vs. Anthropic valuations
The spread is widening between AI leaders OpenAI and Anthropic as a sell-off in CoreWeave leads neocloud stocks lower.

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