Gate Crypto Flash News and Market Updates

According to Cathie Wood in a Friday CNBC interview, ARK Invest's founder said market worries over artificial intelligence do not weaken her confidence in an extended bull market through 2027. Wood stated that uncertainty and pessimism often signal resilience in bull markets, with no signs the

According to FactSet, S&P 500 companies' third-quarter earnings exceeded analyst expectations by only 2.7%, marking the smallest beat margin in nearly four years. The figure falls significantly below the five-year average of 7.5%. To date, 84% of index constituents have reported Q3 results,

According to ChainCatcher, Elon Musk posted on X in mixed Chinese and English, saying "Chinese 𝕏 is 牛逼" (a Chinese internet slang term meaning "awesome"), praising the Chinese-language community. As of press time, the post had garnered over 300,000 views and more than 700

According to Goldentec Intelligence, China's ethylene glycol exports surged to 113,800 tons in April 2026, then plummeted to 38,800 tons by July as supply constraints persisted. Despite the export collapse, prices remained elevated, reaching approximately 7,300 yuan/ton in September before

According to The Block, President Trump responded to questions about potential conflicts of interest involving his and his family's crypto and business holdings by stating that previous U.S. presidents also held significant assets such as oil. Trump argued that cryptocurrency assets are similar in n

According to the Taiwan Institute of Economic Research, Taiwan's 2027 GDP is forecast to grow 6.45% on November 9, down from a projected 12.34% in 2026, driven by a high comparison base from this year's AI-related export surge. Consumer spending is expected to rise 3.03%, while exports and fixed

According to China's Trade Remedy Information, Netlist filed a Section 337 investigation with the U.S. International Trade Commission (USITC) on November 6. The American storage technology company alleged that specific dynamic random access memory (DRAM), NAND flash devices, and downstream

According to UBS CEO Sergio Ermotti, speaking at a conference in Sydney, AI stocks have declined sharply in recent weeks as investors had held overly optimistic expectations for the sector. Ermotti noted that recent U.S. midterm election results and global discussions around infrastructure

Hong Kong's Hang Seng Index rose 0.47%, or 115.3 points, to 24,597.16 on November 9, driven by broad gains in technology stocks. Tencent climbed 1%, Alibaba surged 1.9%, Xiaomi gained 0.8%, JD.com rose 0.7%, and Kuaishou jumped 1.4%. The National Enterprises Index also advanced 0.58%, or 48.16 points, to 8,322.26.

According to South Korea's Korea Development Institute (KDI), released on November 9, the country's third-quarter real GDP grew 3.4% year-over-year, while private consumption increased only 1.1% compared to 2.4% in Q2, signaling weak spillover from export and investment gains to household

According to a U.S. investment bank report released on November 9, Novatek (3034) faces Q4 headwinds following a strong Q3. Revenue is expected to decline 6-10% sequentially to TWD 28-29.2 billion, with gross margin compressing to 37-39% from 40.89% in Q3, as demand for large-size display driver ICs weakens and memory costs rise. The bank downgraded the stock to "Reduce" with a target price of TWD 414. Third-quarter revenue reached TWD 30.97 billion, up 8% from Q2 and 26% year-over-year, driven

On November 9, SHIBOR overnight rates rose 3.10 basis points to 1.3140%, while 7-day SHIBOR increased 1.50 basis points to 1.3610% and 3-month SHIBOR climbed 0.18 basis points to 1.3998%.

According to ChainCatcher, OKX launched tokenized stock xBSP/USDC spot trading on November 9. Pre-trading order placement opens 16:00-17:00 (UTC+8), with spot trading commencing at 17:00.

According to Blue Ocean ATS, Nvidia stock fell 3.5% in after-hours trading on November 9. Hyperliquid's price data showed Nvidia perpetual contracts declined 3% during the same period.

According to Lookonchain, on Nov 9, two whale addresses accumulated 13,500 ETH worth approximately $29.08 million amid market decline. Wallet 0xFD10 borrowed 22 million USDT from Aave and used 21.55 million USDT to purchase 10,000 ETH at $2,155 per coin. Wallet 0x4AB7 withdrew 3,500 ETH (worth $7.53

According to its latest guidance and multiple brokerages, Semic-KY surged to daily limit today (November 9) after announcing a $1 billion order from a major U.S. client and projecting 2027 revenue to double. The stock jumped to 3,110 yuan in early trading. The new customer, identified only as a

According to OpenRouter data, during the week of Nov 2-8, Chinese AI models dominated the global rankings, occupying four of the top five positions. DeepSeek V4.1 Flash 1017 claimed the top spot for a third consecutive week with 56 trillion token calls, up 17% week-over-week. Chinese AI models

According to U.S. officials, on November 8, a deportation flight carrying at least eight Iranian citizens was canceled without explanation. The flight, originally scheduled to depart Arizona and transit through Georgia and Pakistan to Iran, was abruptly halted that morning. The U.S. Department of