Gate Cryptocurrency News and Market Analysis

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

GLOBALFOUNDRIES reported third-quarter 2026 revenue of $1.899 billion, up 6% quarter-over-quarter, with gross margin reaching a company-record 31.4%. The chipmaker posted diluted earnings per share of $0.53 and net income of approximately $298 million for the quarter. The financial performance

President Donald Trump stated on November 4 that any Democratic impeachment effort against him would backfire on the party, speaking to reporters at a White House construction site for a new banquet hall. Trump made the remarks while also addressing his position on Defense Secretary Pete Hegseth, st

Cathay Financial Holdings accelerated integration of its asset management, corporate banking, and digital service operations in 2026, with subsidiary Cathay Securities Investment Trust establishing an independent research department staffed by approximately 45 dedicated researchers and over 70

South Korea's National Health Insurance Service (NHIS) delayed the establishment of repo funds from the original schedule, as confirmed on the 5th, with some asset management firms and related investors notified the previous day. The delay stems from NHIS considering its fund availability and

Coinbase announced on Wednesday that more than 99% of customer cryptocurrency assets are stored in offline cold storage and that the exchange's systems and customer funds remained unaffected by the Binance hack. The statement came in response to the 29 October incident in which approximately

Industrial computer manufacturer Advantech (2395-TW) today (5th) announced its management succession plan. Founder Liu Ko-Chen will transition to non-executive chairman effective January 1, 2027, with current Embedded IoT Group General Manager Chang Chia-Hao succeeding him as CEO. The move

South Korean government officials clarified the mechanics of cryptocurrency loss carryforward deductions during a briefing on November 5. Deputy Prime Minister and Minister of Economy and Finance Lee Hyeong-il, Tax

Tesla (NASDAQ: TSLA) closed at $385.19 on Wednesday 4 November, down $13.31 or 3.34 percent, while the Dow Jones Industrial Average posted its best session in 19 months with a 3.00 percent gain and the S&P 500 rose 1.58 percent. The stock slipped another 1.01 percent to $381.30 in after-hours