Global TradFi & Macroeconomics

Elon Musk suggested that moving AI computing infrastructure into space is becoming increasingly appealing following the November 3 elections that reshaped the US political landscape for artificial intelligence development. The billionaire's comments came after Democrats secured control of both

Chunghwa Telecom held an investor conference yesterday, where Chairman Chien Chih-cheng expressed confidence in achieving the company's full-year financial forecast. The Taiwan telecom operator reported third-quarter earnings per share of 1.57 TWD and cumulative nine-month EPS of 4.25 TWD, with

Chunghwa Telecom (stock code 2412) and Google announced expanded cooperation on Nov 4, introducing Gemini AI to build a smart living ecosystem spanning terminals, connectivity, and applications. The partnership aims to drive AI adoption among Taiwan consumers, with a first-phase target of 200,000

Taiwan Mobile's wholly-owned subsidiary Taiwan Telecom announced on November 4 that its public tender offer for Systex Corporation ordinary shares crossed the 39% threshold, with cumulative tendered shares reaching 40.89% of issued shares. The acquisition conditions were fully met after obtaining

On November 4, Chunghwa Telecom (2412) held an earnings call where Chairman Jian Zhicheng said the company is confident in achieving its full-year financial guidance. According to Economic Daily, the company's intelligent ICT solutions saw new order bookings jump 84% year-over-year in Q3, with

According to Economic Daily, Taiwan Mobile's subsidiary surpassed the 39% acquisition threshold on November 4, with cumulative buyback reaching 111.3 million shares, or 40.89% of Jing Cheng Information's outstanding stock. The acquisition fulfilled all regulatory conditions, including approval

According to BIT stock platform data, the Philadelphia Semiconductor Index declined 5% on November 5. Marvell Technology (MRVL.O) fell over 9%, Micron Technology (MU.O) dropped over 6%, Intel (INTC.O) declined over 5%, while Nvidia (NVDA.O) and Broadcom (AVGO.O) each fell over 2%.

According to the U.S. Department of Commerce, the September trade deficit narrowed to $105 billion, down from $105.7 billion in August and below market expectations of $108 billion. Exports increased $5.8 billion to $321.5 billion while imports rose $5.2 billion to $426.6 billion.

British fintech company Revolut was valued at $115 billion in a recent share sale, up about 53% from $75 billion a year earlier, according to a November 4 report by Cointelegraph. The $40 billion increase reflects the valuation determined during the share sale process. Revolut operates as a

According to Crypto Twitter commentator Matthew Sigel, Hut 8 Mining recently extended its Beacon Point Phase Two lease from 15 to 17 years, adding two years of contracted revenue to support the company's upcoming financing efforts for the 352MW capacity project. The lease amendment is designed to of

Brent crude oil futures dropped below the $100 per barrel psychological level today for the first time since October 7, declining more than 4%. WTI crude fell 4% to $92.23 per barrel, while Shanghai crude futures declined 4% to 649.10 yuan per barrel. The decline follows the Republican Party's

According to Gate data, Brent crude oil fell 5% intraday today to $98.52 per barrel, while WTI crude oil declined 4.6%.

According to BlockBeats, U.S. storage sector stocks declined significantly on November 4, with SanDisk (SNDK) falling 8.20%, Western Digital (WDC) down 5.54%, Seagate Technology (STX) down 6.82%, Micron Technology (MU) down 6.20%, and SK Hynix ADR (SKHY) down 4.77%, based on data from BIT stock

Europe's STOXX 600 index gained 2.0% intraday on November 4, closing at 658.56 points.

According to MSX.COM data, U.S. stock-linked contracts saw expanded 24-hour gains on November 4. APP led the rally with a 13.5% increase to $271.23 USDT, followed by UBER up 7.2% at $71.45 USDT, MSTR up 6.3% at $143.58 USDT, and FWDI up 5.6% at $6.544 USDT.

According to the U.S. Energy Information Administration (EIA), ethanol production for the week ending October 30 increased 2.2% or 25,000 barrels per day to 1.143 million barrels per day. Ethanol inventories for the week declined by 89,000 barrels or 0.36% to 24.434 million barrels.

According to PANews, the Philadelphia Semiconductor Index fell 3.01% intraday on November 4, closing at 10,281.47 points. Major chipmakers showed mixed performance: Micron declined 4.91%, Intel dropped 4.29%, and ASML fell 3.23%, while Qualcomm rose 2.29% and AMD

On Nov 4, Turkey's Istanbul Stock Exchange BIST 100 Index closed up 4.12% at 11,478.13 points, extending gains for the third consecutive trading day, according to Bloomberg tracking data. The BIST 30 Index surged 4.6%, marking its largest single-day rally since May 22. Among 92 stock indices

Apple warned on November 2 that soaring memory chip prices could squeeze iPhone profitability during the holiday quarter, despite record smartphone sales driving $114.5 billion in quarterly revenue. The company reported a 47.9% gross margin but

According to Apple's November 2 earnings release, the company reported a 47.9% gross margin in Q4 but expects it to fall to 45%-46% in December as soaring memory-chip prices and AI infrastructure expenses rise. Apple posted $114.5 billion in quarterly revenue, up 12% year-over-year, despite the marg