Gate Cryptocurrency News and Market Analysis

Taiwan-based IC packaging and testing company SiliconWare Precision Industries held a board meeting on Thursday to approve its third-quarter financial report. The company reported basic earnings per share of 2.84 TWD for the third quarter, bringing nine-month EPS to 7.49 TWD - surpassing

Democrat Gina Hinojosa won the Texas gubernatorial election, defeating Republican incumbent Greg Abbott to become the state's first Democratic governor in over 30 years. Hinojosa has proposed an immediate halt to new data center construction and the cancellation of related tax incentives, pending st

Google announced on November 4 a $15 billion investment in Malaysia spanning 2027 to 2028, covering data centers, renewable energy, water resource management, and talent training. The investment aims to strengthen the country's AI and cloud computing infrastructure. This move is part of Google's

Figma reported third-quarter revenue and earnings that exceeded analyst expectations on November 4, but the stock declined in after-hours trading. The UI/UX design software company posted quarterly revenue of $391.4

Hua Jing (stock code 2468) reported September 2026 revenue of NT$308 million, marking a 54.99% month-on-month increase and 68.77% year-on-year growth, the highest for the period. The company continues large-scale project deployments focused on financial sector clients, cybersecurity solutions, and p

South Korea-listed gold exchange-traded funds have declined as much as 36% from their January peak, driven by falling international gold prices amid growing fears of U.S. benchmark interest rate hikes. TIGER KRX Gold Spot closed at 11,550 won ($8.31) the previous day, according to the Korea

Industrial computer manufacturer Weitian (stock code 6570) announced its Q3 2026 financial results and October consolidated revenue. In Q3 2026, Weitian recorded consolidated revenue of NT$299 million with a gross margin of 36.11% and earnings per share (EPS) of NT$0.78. For the first nine months, t

Swiss industrial equipment manufacturer ABB reported mixed third-quarter results on October 20, with data center business orders doubling but net profit missing analyst expectations, leading to a stock decline of approximately 5%. The profit shortfall and stock drop occurred despite strong order

Waltron Electronics (stock code 2313) announced Q3 2026 financial results today, reporting net profit of NT$22 billion, a 48.77% increase quarter-over-quarter, with earnings per share of 1.8. The Taiwan-based electronics component manufacturer attributed the strong performance to robust orders for o

Frax Finance highlighted how its frxUSD stablecoin facilitated trading activity on Featherlend following Brazil's election on October 25, where Lula won a fourth term. The Brazilian real plunged 8% when traditional FX markets reopened after the election results. Traders utilized frxUSD on Featherlen

NVIDIA verbally required Chinese cloud providers on November 4 to reduce the proportion of high-end computing power and mandate that new cloud contracts allocate over half of sellable computing capacity to non-Chinese customers. On the same day, Alibaba (9988.HK), Tencent (0700.HK), and ByteDance co

Guo Piao Securities reported that Taiwan stocks face correction pressure following US tech earnings that deepened concerns over AI spending and semiconductor sector weakness. US four major indices closed down between -1.09% to -7.2%, with TSMC ADR falling 5.95% and Taiwan futures dropping 867

The European Central Bank (ECB) maintained interest rates unchanged on October 29, while multiple European companies delivered strong financial reports, driving European stock markets higher across the board to seven-week highs. The pan-European STOXX 600 index rose 0.77% to close at 649.11

South Korea is pursuing a plan to buy large amounts of long-term US Treasuries, according to a November 5 report from people in the financial investment industry. The government and the Bank of Korea recently proposed the idea to the US, which responded favorably, with in-depth discussions held at a

Walsin Technology Corporation (stock code 2492) released its Q3 2024 financial report. The company achieved Q3 EPS of 4.73 TWD, nearly matching its full-year 2023 performance, while 9-month cumulative EPS reached 9.66 TWD, marking a five-year high. Strong AI server demand drove high-end MLCC

Southeast Asia Commercial Joint Stock Bank (SeABank) has reported third-quarter 2026 profit of VND 1.315 trillion and total assets exceeding VND 429.376 trillion. The results were driven by improvements in core business operations, particularly growth in net interest income and foreign exchange activities. As Vietnam's financial market develops, growth in the bank's asset base reflects effective asset management and rising competitiveness. Asset Base Continues to Expand, Core Revenue Remains Sta

Etron Technology (5351-TW) announced October 2026 revenue of NT$2.420 billion, representing a year-over-year increase of 417.33% and a month-over-month increase of 0.54%. The company's cumulative revenue for the first ten months of 2026 reached NT$16.846 billion, with a cumulative year-over-year

Chroma ATE (2360-TW) announced October 2026 revenue of NT$6.254 billion, representing a year-over-year increase of 163.26% and a month-over-month decline of 8.82%. The Taiwan-based company specializes in precision electronic measurement instruments and automated test systems. The announcement

Taiwan Optoelectronics (2383-TW) announced October revenue of NT$24.473 billion, representing a year-over-year increase of 203.08% and a month-over-month increase of 13.66%. The company operates in the electronic components sector, primarily producing copper clad laminates, bonding sheets, and