Gate Cryptocurrency News and Market Analysis

CJ ENM reported operating profit of 22.1 billion won in Q3, up 25.5% year-over-year, defying market forecasts of an 8.1 billion won operating loss. The South Korean entertainment company posted revenue of 1.1904 trillion won, down 4.4% from the prior year, and disclosed the results on the 5th. The p

EDP Renewables reported a 133% surge in recurring net profit for the first nine months of 2026, driven by stronger US operations. The Portuguese renewable energy producer's recurring net profit reached €439 million, compared with €189 million during the same period last year, with gains from renewab

Akulaku introduces Alika, an AI-powered virtual assistant designed to help users access a range of services more easily and conveniently. Alika is currently in beta testing in the Akulaku app. This virtual assistant allows users to give commands via text or voice, get product recommendations, and view a summary of billing information in one place. Advances in artificial intelligence are increasingly changing how users interact with digital apps, shifting the paradigm from manual navigation to AI

The National Cyber and Crypto Agency (BSSN) found in November 2026 that AI technology was helping uncover critical security vulnerabilities in PHP and Node.js software that forms the backbone of national digital services. The discovery was followed by a data leak involving the LiteLLM platform and the use of weak cryptographic keys by India’s digital certificate authority, eMudhra, threatening the regional digital security ecosystem. The issue is becoming increasingly urgent because advances in

Oracle canceled a $7 billion agreement to lease AI chips to China's Tencent from its Southeast Asian data centers, the Financial Times reported on November 4. US and Chinese officials separately contacted both companies urging the cancellation. The deal would have provided Tencent with as many as 10

According to data from the Vietnam Securities Depository and Clearing Corporation (VSDC), as of the end of October 2026, the stock market had nearly 14.4 million accounts, up nearly 252,400 accounts from the end of the previous month. This growth reflects the continued increase in the number of investors participating in the market. Vietnamese financial assets continued to see significant fluctuations during the period. Individual accounts made up the vast majority of securities accounts across

Goldman Sachs Strategists: U.S. Midterm Election Results a “Blue Tsunami” In a Nov. 5 report, Goldman Sachs strategists including Jenny Greenberg called the U.S. midterm election results a “blue tsunami.” Goldman Sachs expects Democrats to use fiscal deadlines to seek policy concessions. In the AI sector, Goldman Sachs believes Democratic victories at the state and local levels will significantly affect AI and data center regulation. However, the firm also expects data center issues to “wane” in importance over time.

Bloomin' Brands (NAS:BLMN), parent company of Outback Steakhouse, agreed to acquire 61 locations from Outwest Restaurant Group, the chain's largest western US franchisee. Outwest filed for Chapter 11 bankruptcy protection on Nov 2 (local time), according to a Nov 5 (local time) report by The

The Fed decided at the Federal Open Market Committee (FOMC) meeting held on September 16-17 to lower the target range for its policy rate (the Federal Funds Rate) by 0.25%, signaling two additional rate cuts this year. The Fed resumed rate cuts in response to a worsening labor market, which Chair Powell described as risk management. The Fed somewhat downplayed inflation risks, saying the effects of tariffs were slower and smaller than expected, but uncertainty remains around the outlook for FOMC

The Federal Reserve (Fed) cut its policy rate by 0.25 percentage points at the October 28-29 FOMC meeting and decided to end QT on December 1. Chair Powell said a December rate cut was “not a foregone conclusion.” Disagreements within the FOMC became clear, with officials somewhat softening their assessment of the labor market while also signaling caution over the lack of data. Fed decides to cut policy rate by 0.25 percentage points at October FOMC meeting; QT to end in December The Federal Res

The Fed decided at the Federal Open Market Committee (FOMC) meeting held December 9–10, as expected by the market, to lower its target range for the federal funds (FF) rate by 0.25 percentage points to 3.50%-3.75%. However, although the committee decided to cut rates, dissenting votes increased to three, signaling a shift in monetary policy. In this announcement, inflation concerns eased slightly, and Chair Powell said, “We will consider the extent and timing of additional adjustments based on i

At its April 28–29 meeting, the FOMC held its policy rate (3.5–3.75%) steady for the third consecutive meeting, but dissenting votes reached a record high of four, deepening divisions over interest rate policy. The dissenting votes reflected differing positions: Governor Miran advocated a 0.25%pt rate cut, while the three regional Fed presidents Hammack, Kashkari, and Logan opposed the statement’s easing bias. The current statement refers to “the extent and timing of further adjustments to inter

The FOMC (Federal Open Market Committee) will meet on December 9–10, 2025 (local time), and Nomura Securities has revised its forecast to expect a 25-basis-point rate cut. This is likely to be the final rate cut during Chair Powell’s term. Based on the view that the Federal Reserve will cut rates in December, Nomura expects the Fed to keep its policy rate unchanged for some time afterward. Nomura revises its monetary policy outlook Nomura has revised its forecast to expect a rate cut at the Dece

LG Chem reported third-quarter operating profit that exceeded market expectations, driven by improved profitability in its battery business despite the petrochemical segment swinging to a loss. The South Korean chemical company announced on the 5th consolidated revenue of 15.496 trillion won and ope

Hanon Systems reported Q3 operating profit of 120.6 billion won on the 5th, up 26.6% year-over-year and exceeding market consensus of 111.6 billion won from 13 major domestic securities firms. The Korean auto parts supplier attributed the performance to operational efficiency improvements amid