Tech Selloff Intensifies on Earnings; Binance Estimates $6.3B Hacked

The tech sector is feeling the heat as US equity futures drop following poor earnings reports from major players like Amazon and Intel. Adding to the turmoil, Binance has disclosed a massive $6.3 billion hack, marking the largest theft in the digital-asset industry. Meanwhile, the Bank of Japan's hint at a possible rate hike in December comes as it meets its inflation target, which could further impact global markets. Investors are also keeping a close eye on potential shifts in the FX market due to ECB President Christine Lagarde's impending departure.