Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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13:31
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US Stock Futures Mixed Overnight; Apple Cuts Daily AI Model Spending to $200

According to Odaily, US stock index futures showed mixed performance on November 5, with Dow Jones futures up 0.73%, S&P 500 futures up 0.10%, and Nasdaq-100 futures down 0.88%. Apple is cutting internal AI usage spending by reducing the daily budget limit for engineers using AI models from $300 to
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13:31
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Micron Halts Construction on $3-4.5B Taiwan Memory Plant Amid Labor Disputes

According to Bloomberg, Micron has nearly halted construction on a new memory facility in Taiwan's Taoyuan region on November 5 due to unresolved labor disputes. The Fab 11E plant, with an investment budget of $3-4.5 billion, was originally slated to begin production in 2028 and would manufacture
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13:23
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ECB May Raise Rates in December by 25 Basis Points, Zigman Says

According to ECB Governing Council member Ante Zigman, the European Central Bank could raise rates in December, with a 25-basis-point increase on the deposit rate described as having "substantial" likelihood. Zigman noted that October inflation continued rising, currently running at twice the ECB's
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