Gate Crypto Flash News and Market Updates

According to Oppenheimer, analyst Rick Schafer upgraded AMD to "outperform" on Nov. 8 with a $600 price target, implying 34% upside from Friday's close of $449.04. The upgrade follows AMD's third-quarter earnings beat and recent management discussions, with CEO Lisa Su forecasting revenue growth of

According to MoneyDJ, Long Yuan Tech (8038) announced on November 10 that its cumulative revenue for the first 10 months of 2026 reached NT$556 million, up 23.26% year-over-year. October revenue hit NT$41.73 million, marking a single-month and 10-month high. The company's UPS lithium iron

According to CoreWeave's Q3 earnings report released Tuesday (Nov 10), the AI infrastructure provider reported third-quarter revenue of $3.66 billion, exceeding analyst expectations of $3.55 billion. The company raised its full-year 2026 guidance, projecting revenue of $13.0–$13.3 billion

According to Mitsui Kinzoku, the Japanese mining and metals company announced yesterday (November 10) plans to build a new copper foil factory near its existing Malaysia facility with investment of approximately 190 billion yen. The plant will begin production in April 2031, manufacturing two copper

According to CNBC on November 10, Jefferies analyst Jonathan Peterson upgraded crypto mining company Riot Platforms (NAS: RIOT) from Hold to Buy and doubled its price target to $28 from $13. Peterson cited Riot's power-supplied Texas data center site in Corsicana, secured under favorable terms yielding 33% average return. The deal reduces per-megawatt capital expenditure to $6 million, compared to industry standard of $11-15 million. A 15-year lease beginning September 2027 lowers execution and

According to Taiwan Stock Exchange, Tai Yang (2314), a Foxconn subsidiary, will delist on December 21, 2026, after reporting negative equity of NT$244 million in Q3 2026. The company's debt-to-equity ratio surged to 109%, with a current ratio of only 65%. Tai Yang triggered delisting requirements under TSE regulations due to persistent financial deterioration. The stock suspended trading today pending major announcements and will resume trading tomorrow; as of November 9 close, the share price w

According to China Times, Taiwan Semiconductor Manufacturing Company (TSMC) board approved a quarterly dividend of 9 yuan per share for Q3 2026, up from 7 yuan in the previous quarter, with an ex-dividend trading date on March 11, 2027, and payment date on April 8, 2027. The payout ratio increased t

According to China Times, Taiwan's weighted index rose 1,050.22 points to 42,711.92 on November 10, extending gains for a second consecutive trading day. Semiconductor and electronics components led the rally, with TSMC (2330) closing in the red and Delta Electronics (2308) hitting its daily

According to CryptoQuant's weekly report published on November 10, Bitcoin's Bull Score Index fell to 20 as of November 9, marking extreme bearish conditions. The index has plunged 70 points from 90 on October 13, with only 2 of the 10 underlying indicators reading bullish.
Apparent demand hit

Philadelphia Federal Reserve President Anna Paulson, a 2026 FOMC voting member, said today that persistent inflation is not driven solely by temporary factors. She noted that wage pressures remain limited and inflation expectations remain anchored. Paulson stated that gradual monetary tightening is

According to OpenAI CFO Sarah Frailey on November 11, the company's Luna model costs one-fifth to one-sixth the price of competing Chinese open-weight models while delivering stronger overall performance. Frailey stated that Luna represents a correction to what she called "an unfounded 2026 myth" about Chinese models' cost advantages. Since Luna's launch two weeks prior, a price reduction of approximately 80% drove usage to surge tenfold. Data from OpenRouter, which tracks actual model consumpti

According to SPDR Gold Trust data, the world's largest gold ETF saw holdings decrease by 0.285 tons yesterday, bringing its current position to 1,042.223 tons.

Lithuania's Crisis Management Center ordered residents of Marijampolė region—which borders Poland and Russia's Kaliningrad enclave—to seek shelter today (November 10), according to the official statement.

According to Guru Club, OpenAI informed investors that the adjusted operating margin improved from -150% in the second quarter to -109% in the third quarter.