Skip to content
Drix10 Blog

S&P 500 October median rest-of-month gain +1.73%

, 6 items in VC Firms, 3 min read

In this digest (6 items)

S&P 500 October median rest-of-month performance was +1.73% when down MTD in the final week, based on 21 prior Octobers over 50 years. Gains occurred 71% of the time.

Key points

  • Median rest-of-month gain: +1.73% in those 21 Octobers.

  • Gains happened 71% of the time under the same condition.

Sources

Anthropic revenue per employee $6.6M, NDR ~900%

Anthropic reports revenue per employee of over $6.6M and a net dollar retention of ~900%. Revenue grew from $41M three years ago to $16.3B in the first half of 2026, and quarterly revenue rose from $4.7B in Q1 to $11.6B in Q2.

Key points

  • NDR: ~900%

  • Revenue per employee: over $6.6M, up from about $1.4M a year earlier

Sources

Neviswealth raises $70M Series B, total $110M funding

Neviswealth announced a $70 million Series B round led by EQT Ventures, bringing total funding to $110 million in two years. The company says advisors spend 80% of time on admin and 20% with clients, and they aim to reverse that.

Key points

  • Funding: $70 million Series B led by EQT Ventures.

  • Total funding: $110 million after two years.

  • Advisor time split: 80% admin, 20% client interaction.

  • Goal: shift advisor time back to client work.

Sources

Bedrock Robotics Series C $600M funding announced

Bedrock Robotics announced a $600M Series C to scale fully autonomous excavators across U.S. job sites. The round is co-led by CapitalG and Emergence Capital. Deployments include paid work on live commercial sites.

Key points

  • Series C funding amount: $600M, co-led by CapitalG and Emergence Capital

  • Fully autonomous excavators are performing paid work on live commercial job sites

Sources

Canva Craft launches AI image model, ranks #4 globally

Canva Craft is a new AI image generation model that ranked #4 globally on DesignArena. It is built for design and can create images up to 2K resolution with editable composition, typography, and elements via Magic Layers. The model is available to Canva’s 250M+ users and includes a public API for developers.

Key points

  • Rank: 4 globally on DesignArena, making Canva Research the world’s second-highest-ranked AI lab for image generation.

  • Capability: Generates images at up to 2K resolution with precise control over composition, typography, and elements editable through Magic Layers.

Sources

Miden partner mainnet launch announced by bobbinth team

Miden is now live on partner mainnet, announced by @bobbinth and the team. They built around a conviction that private transactions and institutional compliance have to work on the same chain.

Key points

  • Launch: Miden is now live on partner mainnet.

  • Credit: @bobbinth and the team launched the partner mainnet.

Sources