Chinese shares plummeted Wednesday as Beijing's economic stimulus plans fell short of investor expectations, with the Shanghai Composite Index dropping 5.1%. In Hong Kong, the Hang Seng Index fell 2.4%, marking its worst performance since 2008, following a disappointing economic briefing by NDRC Chair Zheng Shanjie.

Severe weather from remnants of Hurricane Kirk is causing heavy rainfall and flooding across parts of Europe, with Belgium and France under high alert. Belgian provinces Namur, Liège, and Luxembourg face orange and near-red alerts, while 25 French departments, including Île-de-France, are bracing for a month's worth of rain in a single day.

Europe is enhancing vehicle performance and safety with AI, while Asia Pacific rapidly adopts AI for smart mobility. Key players like NVIDIA and Waymo lead the market, projected to hit $13 billion by 2034, with SUVs driving demand.

Meta unveils Movie Gen, an AI model that creates 1080p videos with synchronized audio from user prompts, poised to revolutionize advertising on Facebook and Instagram. The tool allows for personalized content creation and image animation, potentially lowering production costs and enhancing ad engagement, though ethical concerns about AI training data remain.

Uber has expanded its electric vehicle fleet to over 182,000 EVs, with drivers adopting them five times faster than the average in the US, Canada, and Europe. At its Go-Get Zero event, Uber unveiled an AI assistant to aid drivers in the EV transition and announced several new sustainability initiatives, including an EV-only Uber Green service in 40 cities and a mentorship program for EV drivers.

Google's Gemini app, offering a versatile AI chatbot developed by DeepMind and Google Research, is now available to English-speaking Android users in six languages. Despite its broad applications and upcoming features like the Gemini Button, concerns about inaccuracies and biases remain.

Wall Street analysts have raised their estimates for Nvidia, reflecting robust confidence in its dominance of the AI chip market. The company's stock has surged 29% in October, buoyed by strong sales forecasts and high demand for its next-gen Blackwell AI architecture.

On October 8, the Indian stock market rebounded, with the BSE Sensex climbing 584.81 points to close at 81,634.81 and the Nifty50 rising 217.38 points to 25,013.15, ending a six-day losing streak. Despite the recovery, analysts advise caution, noting key support levels and potential resistance, while market sentiment hinges on the Reserve Bank of India's upcoming monetary policy meeting.

French Prime Minister Michel Barnier survived his first no-confidence vote on October 8, 2024, as the far-right National Rally withheld crucial support. Despite the left's push, Barnier's administration remains intact, but future political challenges loom.

U.S. District Judge Claudia Wilken has granted preliminary approval for a groundbreaking $2.78 billion settlement allowing college sports programs to pay athletes directly. The settlement, effective October 18, 2024, includes a revenue-sharing pool and maintains athletes' rights to negotiate NIL deals, addressing long-standing NCAA compensation issues.