Gate Crypto Flash News and Market Updates

According to MoneyDJ, European stocks closed lower last Friday (October 30) as concerns about artificial intelligence investment costs sparked by U.S. tech earnings triggered a selloff. The pan-European STOXX 600 index declined 0.36% to 646.75 points, while technology stocks tumbled 2.75%, marking t

According to MoneyDJ citing Taipei Foreign Exchange Brokers, on November 4, the Taiwan dollar depreciated 1.25 jiao to NT$32.885 against the U.S. dollar, touching an 18-month low of 32.90 during the session. Markets sold off broadly following U.S. midterm election results, with the Taiex index

According to the U.S. Department of Energy, as of October 30, commercial crude oil inventories declined 9 million barrels to 409.8 million barrels, falling 4% below the five-year average. Distillate fuel oil inventories dropped 3.6 million barrels to 99.26 million barrels, hitting the lowest level s

According to Financial Times this week, Microsoft decided not to exercise an expansion option for approximately 500MW of additional capacity in Nscale's Texas Ward County data center. The decision involves a deal potentially worth hundreds of billions of dollars, forcing the UK-based AI cloud

Nippon Steel's Chief Financial Officer announced that the company has already achieved $300 million of its $500 million operational synergy target set for 2030, with $200 million remaining to be realized ahead of the

According to MoneyDJ News, South Korea's KOSPI index closed up 35.01 points or 0.62% at 5,683.80 on November 4, while the KOSDAQ index rose 10.56 points or 1.50% to 714.95. Markets initially faced pressure from concerns over AI data center regulation amid U.S. midterm election coverage; however,

According to MoneyDJ, Novo Nordisk reported Q3 results on November 4 that beat expectations, driven by strong sales of oral Wegovy. Adjusted revenue reached 792 billion Danish kroner, up 4% year-over-year against analyst estimates of 732.2 billion, while adjusted operating profit surged 27% to 317.2

France's manufacturing output fell 0.7% year-over-year in September, declining from the previous month's -0.1%, according to official manufacturing data.

France's industrial output declined 1.3% year-over-year in September, according to official data, falling below the 0.3% decline forecast and marking a reversal from August's 0.3% growth.

According to Weibo CEO Wang Gaofe, at the World Internet Conference Wuzhen Summit, entrepreneurs building personal IP should avoid three common mistakes: prioritizing promotion over communication, sharing logic without empathy, and expressing attitude without action. Wang emphasized that corporate l

According to Franklin Templeton, the U.S. Economic Dashboard maintained green light status in October for the 29th consecutive month as of November 5. Among the 12 tracked economic indicators, 11 remained in expansion phase, including building permits, jobless claims, retail sales, wage growth,

According to China Foreign Exchange Trade System, the USD/CNY midpoint strengthened to 6.7156 yuan per U.S. dollar on November 5, appreciating 24 basis points from the previous trading day's midpoint of 6.7180.

According to a regulatory filing on November 5, Korea Investment & Securities reported Q3 operating profit of 3.486 trillion KRW, down 58.3% year-over-year. Net profit fell 56.7% to 2.818 trillion KRW amid declines in brokerage and asset management operations.
On a nine-month cumulative basis

According to ChainCatcher, Nasdaq-listed SVRN, Inc. appointed Patrick O'Kain as Chief Operating Officer on November 4, effective November 3. O'Kain will oversee operations, product strategy, and corporate development, including integration of acquired businesses. He brings over 20 years of

According to CounterPoint Research, SK Hynix's third-quarter revenue increased 40% sequentially, with market share recovering to 29%, up from 25% in the prior quarter. The global DRAM market reached an all-time high in Q3, with revenue surging 369% year-over-year, driven by AI data center

According to data released by Japan's Finance Ministry on October 22, foreign investors sold 66.5 billion yen worth of Japanese stocks in the week of October 11-17, marking the first reduction in three weeks. The Nikkei 225 index declined 2.13 percent, or 1,377.79 points, to 63,243.45 on the day.

According to MoneyDJ, Broadridge Financial Solutions reaffirmed its FY2027 guidance on November 4 after posting $1.7 billion in first-quarter revenue and adjusted earnings per share of $1.56. The company maintained its full-year revenue growth target of 6-8% on a constant-currency basis and adjusted

According to Mining Weekly, Freeport-McMoRan's board approved a $4.5 billion expansion and modernization plan for its Bagdad copper-molybdenum mine in northwest Arizona on November 5. The project will increase mining and ore processing capacity, with copper annual production expected to rise by appr

According to MoneyDJ, semiconductor equipment supplier Qnity Electronics posted strong Q3 2026 results on November 5, with quarterly revenue of $1.6 billion, up 22% year-over-year and 9% sequentially. Adjusted earnings per share reached $1.46, surging 55% year-over-year and 23% sequentially, while a