Gate Cryptocurrency News and Market Analysis

POP MART (9992.HK), a China-based collectible toy company, announced on October 28 that its Q3 2026 revenue is estimated to decline 45% to 50% year-on-year, affected by reduced enthusiasm for its Labubu product line and a high comparison base from the same period last year. Citigroup and Jefferies i

JPMorgan downgraded target prices for Hong Kong stocks Zhipu (2513.HK) and MiniMax (0100.HK), citing a transitional phase in AI model demand. The investment bank lowered Zhipu's target from HK$2,000 to HK$1,200 while maintaining an 'Overweight' rating, and cut MiniMax's target from HK$300 to HK$200

Upbit, South Korea's largest cryptocurrency exchange, announced on Nov. 5 that it will suspend all services for approximately five hours on Nov. 9 for server maintenance. The maintenance window is scheduled from 2 a.m. to 7 a.m., during which users will be unable to access any exchange functions. Th

A Reuters survey conducted from October 30 to November 3 shows most foreign exchange analysts expect the US dollar to depreciate over the next year, with the median forecast from 66 analysts predicting EUR/USD will rise from current levels around 1.12 to 1.16 in one year, equivalent to a 3.4% dollar

Largan Precision reported October revenue of 58.46 billion TWD, the highest monthly figure since October 2025. The company stated that November shipment momentum will decline compared to October. Continued demand from US client new device orders drove the October performance, with cumulative

Fresh Activity Co. (鮮活果汁-KY, stock code 1256) reported October 2026 consolidated revenue of NT$319 million, a 37.51% increase compared to the same period last year, with cumulative January-October 2026 revenue reaching NT$4.797 billion, up 38.09% year-over-year. The growth occurred despite October r

Far EasTone Telecom CEO Chingchi Jing stated at the company's Q3 2026 earnings call on the 5th that the telecom operator is actively evaluating AI Data Center (AIDC) investment opportunities but has not finalized plans to construct a new facility. The assessment follows competitors Chunghwa Telecom

Walton Advanced Engineering announced Q3 2026 financial results, reporting net profit of 22 billion NTD, an increase of 48.48% quarter-over-quarter and 2.06% year-over-year, with earnings per share of 1.8 NTD. For the first three quarters of 2026, the company posted net profit of 51.83 billion NTD,

Mirae Asset Group conducted organizational restructuring and executive appointments on the 5th, prioritizing stability and security enhancement. The restructuring elevated the information security organization and allocated 20% of promoted executive positions to AI transformation, digital, and infor

Meta acquires Conductor, a startup developing multi-agent AI coding technology that works in parallel, according to a Wednesday announcement on Conductor’s blog. The acquisition strengthens Meta’s ambitions in the artificial intelligence industry after it previously fell behind in the race. The move is part of Meta’s ongoing technological development as it seeks to catch up with the world’s leading AI players. Conductor was developed using an agentic coding approach that allows multiple AI agent

Robinhood reported third-quarter financial results on 27日 that fell short of market expectations, with revenue reaching $1.42 billion (up 12% year-over-year) and earnings per share of $0.51 (down 16% year-over-year), both missing FactSet analyst estimates of $1.44 billion and $0.56 respectively.

Ardentec (6510) reported Q1-Q3 2026 revenue of 49.02 billion TWD, surpassing its full-year 2025 total, with earnings per share reaching 42.2 TWD, driven by rising AI chip testing demand. The company's HPC revenue share climbed to 65.9% in Q3 2026. Ardentec expanded its Longtan Phase 2 facility in

Taiwan stock index surged 939.35 points to close at 47,035.58 points in yesterday's trading session, breaking above the 47,000-point threshold. The rally was driven by AI giant Anthropic's announcement of plans to procure $800 billion in AI chips, which fueled broad gains across AI-related stocks

WT Microelectronics held an investor conference on November 5, announcing third-quarter consolidated revenue of NT$597.3 billion, up 1% quarter-over-quarter and 82% year-over-year, reaching a single-quarter record high. The IC distributor attributed the performance to sustained strong AI-related

Chun sold 6,200 wstETH for $18.5 million in USDC approximately ten hours ago, according to CryptoTwitter commentator @lookonchain. The transaction involved wrapped staked ETH, a derivative representing staked Ethereum that allows liquidity while earning staking rewards. This sale has drawn

ASE Technology Holding announced that its subsidiary SPIL acquired facility engineering services from Saint-Honoré Engineering & Technology, with contract execution occurring from 11/2 to 11/5 and approval granted on 11/5. The contract totals NTD 1,256,168,000 and will run from 11/2 to 12/31 (ROC

Ten US stocks including Capri Holdings, Exelixis, Exponent, Manhattan Associates, Oshkosh, Antero Resources, Churchill Downs, Parsons, BioMarin, and Post Holdings recorded gains during a trading session, with price increases ranging from 1.69% to 18.74%. Capri Holdings led with an 18.74% rise to $19

Fanga Technology announced on November 5 its third-quarter net profit reached 3.27 billion TWD, setting a new quarterly record with a 12.7% increase from the previous quarter and a 22.4% year-over-year gain. The company's third-quarter earnings per share (EPS) stood at 4.86 TWD, compared to 4.38 TWD