Gate Crypto Flash News and Market Updates

According to CEO Tarciana Medeiros, Brazil's Banco do Brasil faces its worst agricultural lending cycle in 218 years, with loan default rates near 15-year highs. The bank has cut full-year profit guidance by half and will implement capital

According to The Defiant, BA Labs, an advisor to Sky ecosystem, has proposed halting new borrowing on Sky's Core Vault on Nov 13. The protocol currently has 771 open vaults with approximately $376 million in outstanding USDS debt. If approved, borrowers will still be able to repay loans and manage c

According to Bloomberg, Donald Trump Jr. parted ways with Kalshi on November 12, with both parties mutually agreeing to end their advisory relationship. Trump Jr. had served as an advisor to both the prediction market platform Kalshi and its rival Polymarket during his father's administration. The s

According to Youanalyze, Foxconn reported earnings before interest, taxes, depreciation and amortization (EBITDA) of NT$369.2 billion (USD $11.5B) for the first three quarters of 2026, up 50.3% year-over-year and already exceeding last year's full-year EBITDA of NT$357 billion. However, free cash

According to UAnalyze Industrial Database, Foxconn reported October revenue of 1.31 trillion NT$ on November 13, up 45.7% year-over-year and 12.7% month-over-month, marking a record high for the month. Year-to-date revenue through October reached 8.98 trillion NT$, up 40.4% year-over-year. The

According to Yuanalyze, Golden Electronic's (2368-TW) revenue for the first 10 months of 2026 reached NT$83.1 billion, surpassing full-year 2025 revenue of NT$60 billion—an increase of approximately NT$23.1 billion. Monthly revenue has consistently exceeded NT$9.3 billion since July, with August

According to Uanalyze Analysis, Weiyi (6417) reported a gross margin of 34.55% for the first three quarters of 2026, up 3.59 percentage points year-over-year, with Q3 alone at 34.38%. The company attributes this sustained performance to scale amortization at its new Taichung facility and product

According to UAnalyze's analyst reports, Kingboard Electronics (2368-TW) held an investor briefing today (November 12) outlining 2027 growth drivers. Analysts estimate the company's full-year 2027 earnings per share (EPS) will range from 55.11 to 83.62 yuan, with revenue projected between 145.56

According to UAnalyze Industrial Database, Fuyi (6264-TW) saw shareholders' equity increase by NT$191 million in the first half of 2026, reaching NT$1.04 billion, though the company posted a loss of NT$84.39 million during the period. The increase resulted from a May 14 announcement that the company

According to Yanalyze, Foxconn reported Q3 operating profit of 115.4 billion TWD in November 2026, marking the first quarter to exceed 100 billion TWD and representing a 64% year-over-year increase. Revenue reached 3.02 trillion TWD, up 46% YoY, while net income attributable to parent company

According to industry data center analysis, Golden Semiconductor (2368-TW) reported a Q3 gross margin of 38.7%, a 4 percentage point increase from Q2's 34.7% and the highest single quarter since 2016. The company attributed the improvement to product mix optimization and price increases negotiated

According to The Wall Street Journal, Nvidia's new CEO plans to hold a company meeting next Wednesday, November 19.

According to Reuters on Thursday (November 12), White House officials are discussing whether to replace Commerce Secretary Howard Lutnick following recent controversies involving Nvidia's former CEO Jensen Huang. The report, citing two sources, noted no final decision has been made and the White Hou

Colette Kress, 59, was named Nvidia's interim CEO on Thursday, November 13, following Jensen Huang's abrupt resignation. The former CFO will retain her financial responsibilities while the board searches for a permanent replacement. Kress joined Nvidia in September 2013 as CFO after nearly 25

According to Bank of Japan official data, the yen weakened toward 160 on November 12, as USD/JPY climbed to 159.94, prompting fresh intervention warnings from Tokyo. Japan's top currency diplomat, Atsushi Mimura, warned that recent exchange-rate movements had become excessively rapid, reminding

ICAN and law firm Paul Hastings have petitioned the U.S. Supreme Court to review whether pre-sale activities can qualify an asset as a security, with the petition covering digital asset categories and related

Goldman Sachs forecasts Brent crude oil to average $88 per barrel in 2027 under its base case scenario. The bank projects Middle Eastern oil output will rise by 1.1 million barrels per day in 2027 compared to 2025 levels, supported by measures including ship-to-ship transfers and pipeline

The U.S. budget deficit reached $40.406 billion in October, according to fiscal data released this month.

According to Onchain Lens, Abraxas Capital holds a $393 million short position on Hyperliquid with unrealized gains of $63.49 million. The firm has accumulated $274 million in cumulative profits, including $115 million earned over the last 30

According to Yahoo Finance, Chicago Federal Reserve President Austan Goolsbee warned on November 13 that the U.S. is facing a "dangerous moment" for inflation. October's Consumer Price Index (CPI) came in hotter than expected, marking the second consecutive monthly increase, prompting Goolsbee to ca