Gate Cryptocurrency News and Market Analysis

House Democrats are discussing a new cryptocurrency market structure bill that would expand Securities and Exchange Commission oversight of digital assets while reducing the Commodity Futures Trading Commission's proposed regulatory role, according to a November 4, 2026 report by journalist

U.S. defense stocks declined on November 4 following the 2026 midterm elections, in which Republicans secured control of both the Senate and House of Representatives. The Republican congressional majority threatens President Trump's proposed defense budget expansion, creating uncertainty for

Novo Nordisk (NVO.US) reported third-quarter earnings on November 4 that exceeded analyst expectations, driven by strong sales of oral weight-loss drug Wegovy, prompting the Danish pharmaceutical giant to raise its full-year outlook for the third time this year. The company's adjusted Q3 revenue

Qualcomm reported Q4 FY2026 adjusted revenue declined 7% year-over-year to $10.44 billion in the period ending September, with smartphone chip revenue falling 26% to $5.14 billion and missing analyst estimates, while the company excluded Apple orders from its current quarter guidance as the iPhone m

Insulet, an insulin pump manufacturer, reported third-quarter revenue of $842 million, up 19.2% year-over-year, with adjusted earnings per share of $1.99, a 60% increase from the prior-year period. The company attributed the growth to a customer base expansion exceeding 20% annually and the

Coherent Corp., a silicon photonics co-packaged optics (CPO) supplier to Nvidia, reported first-quarter fiscal 2027 results on November 4 that exceeded Wall Street expectations, driving the stock up 5.31% in after-hours trading. The July-September quarter saw revenue surge 49.9% year-over-year to $2

Foreign investors net sold ¥66.5 billion in Japanese stocks during the week of October 11-17, marking the first reduction in three weeks, according to data published by Japan's Ministry of Finance on October 22. The selling came as the Nikkei 225 index fell 2.13% or 1,377.79 points to 63,243.45 on O

Broadridge Financial Solutions published first-quarter fiscal year 2027 earnings on November 4, reporting total revenue of $1.7 billion and adjusted earnings per share of $1.56. The company reaffirmed its full-year fiscal 2027 guidance while highlighting operational growth driven by

Freeport-McMoRan, the world's largest publicly traded copper mining company, has received board approval for a $4.5 billion expansion and modernization investment plan for its Bagdad copper-molybdenum mine in northwest Arizona. The project will significantly increase the mine's extraction and

Japanese stocks closed lower on November 2, with the Nikkei 225 index ending at 63,081.86 points, down 208.25 points or 0.33%, while the TOPIX index settled at 3,930.28 points, down 34.79 points or 0.88%. The decline followed spillover selling pressure from US technology stocks' sharp drop on

Qnity Electronics reported Q3 FY2026 revenue of $1.6 billion, up 22% year-over-year and 9% quarter-over-quarter. Adjusted earnings per share reached $1.46, up 55% year-over-year and 23% quarter-over-quarter. Management attributed the growth to process-of-record production orders from 2-nanometer and

CVS Health announced on November 4 the split of its operations into two independent public companies, with completion targeted for H1 2028. The decision reverses the company's multi-year strategy of building an integrated healthcare services system through acquisitions. The announcement triggered in

European stock markets rebounded strongly on October 21, with the pan-European STOXX 600 index climbing 0.92% to close at 644.49 points, ending a two-day decline. The rally was driven by robust third-quarter corporate earnings that bolstered investor confidence and temporarily eased concerns about

Ripple CEO Brad Garlinghouse reaffirmed XRP as the company's central focus during an interview at Ripple Swell, stating that the RLUSD stablecoin expansion supports rather than competes with XRP. Garlinghouse explained that roughly half of all RLUSD is issued on the XRP Ledger (XRPL), bringing

HSBC revised its price targets for Arm Holdings and Visa, according to a BlockBeats report on Nov. 5. The investment bank lowered its target price on chip designer Arm Holdings to $215 from $230, while raising its target price on payments company Visa to $465 from $375. Arm shares closed at $191.80

Expedia Group reported Q3 FY2026 financial results on November 5, showing revenue growth of 12% year-over-year and gross bookings up 11% year-over-year, with adjusted EBITDA reaching $1.7 billion at a 34.2% margin. The growth was primarily driven by the accommodation business, where room nights