Google's Revenue Growth Not Enough to Stem Share Drop

BingX's AI Skills Hub has seen explosive growth, with daily requests jumping from 2.85 million to 30 million in just five months — a rise of about 953%. The toolkit lets users interact with the trading platform through AI coding assistants like Claude Code, Cursor, and Windsurf. Trading-related queries make up 40% of the most popular use cases, while market data APIs account for 26%. Nearly 30 skill modules cover perpetual futures, spot trading, copy trading, and technical analysis. Affiliate partners also use the toolkit to build custom dashboards for tracking trading activity and commissions.

New York has become the latest state to push ahead with AI regulation. Governor Kathy Hochul signed a law banning chatbots from engaging in a dozen types of unsafe behavior when interacting with children under 18. The legislation prohibits chatbots from pretending to be human, building emotional dependency, encouraging self-harm, or engaging in sexual conversations with minors. Companies that violate the rules could face fines up to $25,000, and a public website has been set up for reporting violations.

In the banking world, Artian AI CEO Prashant Reddy draws a parallel between today's resistance to AI agents and Wall Street's earlier pushback against automated trading. He says agentic trading has been used in finance for nearly 20 years and advises banks to start with low-risk tasks before expanding. His message is clear: companies that fail to adopt AI risk being left behind.

Google's stock took a major hit despite solid revenue growth. Search revenue grew 12 percent year-over-year to $63.3 billion in the latest quarter, but it fell short of Wall Street expectations. Alphabet shares dropped 13 percent, wiping roughly $500 billion from the company's market value. Google executives said they remain confident about the company's overall direction.

The so-called AI boomerang is gaining attention as companies that cut jobs citing AI begin rehiring workers. Microsoft, Barclays, and Kroger are among those bringing back employees after discovering that AI needs more human oversight than expected and cannot replace institutional knowledge. Ford, for example, rehired 350 engineers after AI quality control tools underperformed. Experts say AI still struggles with creativity, collaboration, and team-building.

SpaceX may try to break a standoff with telecom giants AT&T, Verizon, and T-Mobile by offering an AI and robotics-based proposal for a wireless network deal. The three carriers have so far refused to strike a deal with SpaceX, controlled by Elon Musk. Wall Street analysts are watching closely as the situation puts pressure on telecom stock prices following third-quarter earnings reports.

Nvidia and Meta are deepening their partnership, with Nvidia investing 3 billion dollars in Meta to support expanded collaboration on Muse AI models and agent supervision tools. Meta plans to deploy Nvidia hardware including the Vera Rubin platform and Spectrum-X networking technology. Both companies aim to improve processing efficiency and reduce infrastructure costs. Leaders Jensen Huang and Mark Zuckerberg described AI agents as a new computing paradigm.

AI tools are helping speed up housing development by assisting urban planners with zoning data analysis and reducing permit delays. Case studies show faster permit decisions and a 71 percent drop in shelter entries among prevention program participants. AI can also flag affordable housing at risk due to maintenance issues or expiring subsidies. However, experts stress that humans must still make final decisions and that data centers require significant energy and water.

Anthropic updated Claude Opus 5.5 with a new rule that prevents it from recreating specific existing games. Users can still build original games or games in a genre, but they cannot ask Claude to copy a known game even if renamed. The rule was first spotted in a changelog on October 27, and some users also reported broader restrictions on other topics.

Key Takeaways

  • BingX AI Skills Hub saw 953% growth in five months, with daily requests rising from 2.85 million to 30 million, powered by AI assistants like Claude Code, Cursor, and Windsurf.
  • New York enacted a law banning unsafe AI chatbot features for minors, with fines up to $25,000 for violations.
  • Google lost $500 billion in market value after shares dropped 13% despite 12% year-over-year Search revenue growth to $63.3 billion.
  • Nvidia invested 3 billion dollars in Meta to expand collaboration on Muse AI models, agent supervision tools, and Vera Rubin hardware deployment.
  • Companies including Microsoft, Barclays, and Ford are rehiring workers after AI cuts, as AI tools underperform and cannot replace human creativity and institutional knowledge.
  • SpaceX may pitch an AI and robotics-based proposal to AT&T, Verizon, and T-Mobile to break a standoff over a wireless network deal.
  • Artian AI CEO Prashant Reddy says banks blocking AI agents mirrors old Wall Street resistance to automated trading, which has been used in finance for nearly 20 years.
  • AI tools in housing development show a 71% drop in shelter entries among prevention program participants and help reduce permit delays, though human decisions remain essential.
  • Anthropic's Claude Opus 5.5 now blocks users from recreating existing games, even if renamed, while still allowing original game creation.
  • Long Island experts urge businesses to adopt AI cautiously with strong internal policies and employee training to manage legal and operational risks.

BingX AI Skills Hub sees 953% growth in five months

BingX launched the AI Skills Hub, a toolkit that lets users interact with the platform through AI coding assistants like Claude Code, Cursor, and Windsurf. Daily requests jumped from 2.85 million to 30 million in five months, a rise of about 953%. Trading-related queries made up 40% of the top request types, while market data APIs accounted for 26%. Kevin Lee, BingX Chief Strategy Officer, said users are increasingly using natural-language AI to navigate data and execute trades.

BingX AI toolkit usage surges among traders

Daily requests to the BingX AI Skills Hub grew from 2.85 million to 30 million over five months, an increase of roughly 953%. Users rely on the toolkit to access market data, check positions, review balances, and track orders. The platform works with AI assistants such as Claude Code, Cursor, and Windsurf through conversational prompts. The data shows that trading has become a core use case for AI in everyday trading workflows.

BingX details AI Skills Hub usage trends

BingX AI Skills Hub is an API skills library that lets users interact with the platform through AI coding assistants like Claude Code, Cursor, and Windsurf. Nearly 30 skill modules cover perpetual futures, spot trading, coin-margined contracts, copy trading, account management, and technical analysis. Daily requests rose from 2.85 million to 30 million in five months, showing about 953% growth. Affiliate partners also use the toolkit to build custom dashboards for analyzing trading activity and commissions.

BingX records 953% increase in AI tool usage

BingX AI Skills Hub is a library of API skills that lets users interact with the trading platform through AI coding assistants including Claude Code, Cursor, and Windsurf. Daily requests increased from 2.85 million to 30 million over five months. Trading operations make up 40% of the most popular use cases, and market data APIs account for 26%. BingX, founded in 2018, serves over 40 million users worldwide and offers spot trading, perpetual futures, copy trading, and traditional financial market access.

New York bans unsafe chatbot behavior with kids

New York enacted legislation signed by Gov. Kathy Hochul that defines a dozen types of unsafe AI companion features to be banned when chatbots interact with children under 18. The law is part of a broader trend of states pushing AI regulation, including rules on how employers use AI systems. The legislation aims to protect children who use artificial intelligence companion chatbots. Other states are also considering similar measures to address AI-related risks.

New York law protects children from risky AI chatbots

New York Governor Kathy Hochul signed a law on Wednesday protecting minors from dangerous AI chatbot features. The law bans chatbots from pretending to be human, building emotional dependency, encouraging self-harm, or engaging in sexual conversations for users under 18. Companies that violate the law could face fines up to $25,000. A public website was also created so New Yorkers can report chatbot companies that break the rules.

Artian CEO says bank AI bans mirror old trading resistance

Prashant Reddy, co-founder and CEO of Artian AI, says banks blocking AI agents right now is similar to how Wall Street once resisted automated trading. He notes that agentic trading has been used in finance for nearly 20 years. He advises banks to start with low-risk tasks and slowly expand AI use. Reddy believes companies must adopt AI or risk being left behind.

Google stock loses $500 billion despite strong revenue growth

Google Search revenue grew 12 percent year-over-year to $63.3 billion this past quarter. However, the revenue fell short of what Wall Street expected. As a result, Alphabet shares dropped 13 percent, wiping $500 billion from the company's market value. Google executives said they feel good about their overall direction despite the sharp stock decline.

Companies rehiring workers after AI cuts face reality check

Companies like Microsoft, Barclays, and Kroger have cut jobs citing AI, but some are now rehiring those workers in a trend called the AI boomerang. The main reasons include AI needing more human oversight than expected and being unable to replace institutional knowledge. Ford hired back 350 engineers after AI quality control tools underperformed. Experts say AI cannot replicate creativity, collaboration, and team-building skills that humans bring to workplaces.

SpaceX may break telecom standoff with AI and robotics offer

AT&T, Verizon, and T-Mobile have so far refused to make a wireless network deal with SpaceX. However, SpaceX, controlled by Elon Musk, may try to change their minds with an artificial intelligence-based proposal. Wall Street analysts are debating what will happen next after third-quarter earnings reports. The situation continues to put pressure on telecom stock prices.

Nvidia deepens partnership with Meta and invests billions

Nvidia and Meta are expanding their collaboration on Muse AI models and agent supervision tools. Nvidia is investing 3 billion dollars in Meta to support the partnership. Meta plans to deploy Nvidia hardware including the Vera Rubin platform and Spectrum-X networking technology. Both companies aim to improve processing efficiency and infrastructure costs. Leaders Jensen Huang and Mark Zuckerberg described AI agents as a new computing paradigm.

AI tools help speed up housing development

AI can help urban planners analyze zoning data and reduce permit delays in the housing industry. Case studies show faster permit decisions and a 71 percent drop in shelter entries among prevention program participants. AI can also flag affordable housing at risk due to maintenance issues or expiring subsidies. Experts stress that humans must still make decisions and that data centers require significant energy and water.

LI experts advise careful AI adoption for businesses

Long Island experts from business, law, and technology fields urge small and medium businesses to adopt AI cautiously. They highlight benefits of AI but also warn about legal risks. The experts recommend employee training and strong internal policies to manage AI safely and responsibly.

Claude blocks users from recreating existing games

Anthropic updated Claude Opus 5.5 with a new rule that stops it from recreating specific existing games. Users can still build original games or games in a genre but cannot ask Claude to copy a known game even if renamed. The rule was first spotted in a changelog on October 27. Some users also reported broader restrictions on other topics.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Growth AI Assistants AI Regulation AI in Finance AI in Housing AI Rehiring AI Standoff AI Investment AI Limitations AI Ethics AI Tools AI Partnerships AI and Human Interaction AI and Creativity AI and Institutional Knowledge AI and Urban Planning AI and Permits AI and Games AI and Energy AI and Water

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