Gate Insights and Crypto Market Analysis

British AI cloud provider Nscale faces a major setback ahead of its planned $35 billion IPO as Microsoft declined to exercise expansion rights for a Texas data center lease. Nscale clarified this week that the unexercised option involves approximately 500MW of additional capacity at the company's

The Nasdaq index entered an official correction on November 5 local time, declining more than 10% from its recent high, marking the third correction this year following those in March and July, according to analysis from Motley Fool. The correction was driven by concerns over excessive artificial in

Stripe launched Global Payouts, enabling US businesses to send USDC and OUSD stablecoins to crypto wallets across over 160 markets. The financial technology company's expansion integrates cryptocurrency payment capabilities into its existing payment infrastructure. This development positions Stripe

Aspeed Technology (5274) reported record-breaking third-quarter profit and October revenue driven by cloud service providers expanding data centers and rising demand for server management chips. The company announced on November 5 that October 2024 consolidated revenue reached 20.30 billion TWD,

Transcend Information Inc. (stock code 2451) reported third-quarter 2026 net profit of 6.924 billion TWD on Friday, representing a 41.8% decline from the previous quarter but a 358% surge compared to the same period last year, with earnings per share reaching 16.11 TWD for the quarter. The

Taiwan stocks have shown a striking pattern on the Thursdays when the Japanese investment-themed anime “FX Fighter Kurumi” airs over the past six weeks: Since its premiere on Oct. 1, the weighted index has closed lower on five of the six broadcast days, falling a cumulative 4,623.31 points. Taiwan Kadokawa has tracked the market’s performance on each broadcast day on Threads, turning the coincidence into a meme shared by stock investors and anime fans. Closing Data on Broadcast Days: The Index R

Korean government bond futures opened sharply higher on November 6, with 3-year futures rising 15 ticks to 103.84 and 10-year futures gaining 23 ticks to 109.42 as of 9:18 AM. The surge followed a steep selloff in US technology stocks after the Democratic Party's sweeping victory in the US midterm e

KEPCO President Kim Dong-chul stated at a November 4 press conference that electricity rates should be linked to fuel costs to align with supply-demand principles, explaining that international price fluctuations should be reflected in domestic electricity rates. The statement comes as South Korea's

The Philippines' unemployment rate rose to 5.4% in September 2026, with 2.86 million Filipinos unemployed, up from 2.77 million in August, the Philippine Statistics Authority (PSA) reported on Friday, November 6. The increase occurred as the country's labor force grew by 1.63 million to 53.19 millio

Asian stocks plunged after markets opened on November 6. The Korea Composite Stock Price Index (KOSPI) fell more than 8% intraday, triggering a circuit breaker that halted trading in all KOSPI-listed stocks for 20 minutes. Yonhap News Agency said this was the 10th circuit breaker triggered this year. Tokyo markets also tumbled: the Nikkei 225 fell more than 4,100 points at 9:29 a.m., slipping below 57,000 for the first time in about six and a half months. KOSPI circuit breaker: Triggered at 9:03

Europe’s largest asset manager, Amundi, announced on November 5 that it had added tokenized shares to its flagship European equity fund, Amundi Core STOXX Europe 600, and issued them on Ethereum. The tokenization technology and infrastructure are provided by European asset servicer CACEIS. According to RWA.xyz data, the total value of tokenized stocks reached $4.24 billion on November 4. Tokenized Share Details: Coexisting with Traditional Shares, Fund Operations Unchanged, Traditional Subscript

Democratic Party members called for a nationwide pause on data center construction after winning midterm elections on the 3rd, citing concerns that major tech companies threaten the environment, jobs, and humanity's future. According to a CNBC survey, 56% of US voters considered AI and data

PharmaEssentia Corp (stock code 6446) saw its share price recover from an initial 9% drop to positive territory on the 6th, following the company's announcement on the 5th that October revenue reached 28.4 billion TWD, up 7.6% month-on-month and 102.0% year-on-year, setting a new monthly record.

Tencent, Alibaba and 18 other organizations released an agent governance charter on November 5, 2026. The charter contains eight self-regulatory measures, including a commitment to jointly resist algorithmic exploitation and black- and gray-market activities involving agents. Drafted by the China Ac

According to Forbes estimates, Elon Musk’s personal wealth has fallen below $800 billion, shrinking by about $90 billion in just the past week, but he remains the world’s richest person. Investors are concerned that after the U.S. midterm elections, Musk may face a new round of investigations from a Congress controlled by Democrats, and his companies may face stricter regulation. After the U.S. midterm elections, Tesla shares fell 11% and SpaceX shares fell 9%. Tesla shares fell about 11% and Sp

Tencent joined Hong Kong FinTech Week x StartmeupHK 2026 on Nov. 5, 2026, showcasing global payment connectivity and AI-powered finance. The company highlighted more than 60 overseas wallets from 16 countries and regions, AI-powered risk control, investment research and agentic finance. These initia

Largan Precision (3008) announced on November 5, 2026 that its October 2026 revenue reached NT$5.846 billion, marking a near one-year high with a 1% month-over-month increase and a 7% year-over-year decline. The Taiwanese optical lens manufacturer's cumulative revenue for the first ten months

Qin Cheng (8210) reported Q3 2024 revenue of 7.395 billion TWD, down 5.4% QoQ but up 30.5% YoY, with EPS of 8.06 TWD. The sequential decline resulted from client inventory adjustments after aggressive first-half procurement and component supply issues affecting system shipments. The company serves t

Advanced Micro Devices reported third quarter 2026 revenue of $13.4 billion on November 3. Revenue increased 45% year-over-year, while Data Center segment revenue reached a record $8.5 billion, up 97% year-over-year, driven by strong demand for AMD EPYC processors and the launch of AMD Instinct MI45

Taiwan stocks plunged at the open on November 6. The weighted index opened at 38,915.76 points, down 2,658.96 points; it hit an intraday low of 37,837.05 points at 9:04 a.m., down 3,737.67 points. Blue-chip stocks including TSMC and MediaTek opened near their limit-down prices. Foreign investors had been net sellers of cash equities for four consecutive trading days, selling a total of approximately NT$433.19 billion from November 2 to 5. Blue-chip stocks plunge to or near limit-down prices at t