Global TradFi & Macroeconomics

MultiBank Exchange announced an institutional trading platform connecting more than 30 banks and liquidity providers, supporting over 250 currencies. The firm claims the platform features a 400-nanosecond matching engine and handles up to $21 billion in daily trading volumes, though these figures

SyCip Gorres Velayo & Co. (SGV) resigned as PLDT's auditor on October 31 after nearly 24 years, citing impaired independence under US Securities and Exchange Commission rules. SGV withdrew its audit opinions on PLDT's 2024 and 2025 financial statements prepared for international reporting. The resig

According to the Securities and Futures Commission (SFC) at Hong Kong Fintech Week, the regulator will launch an "Innovation Pathway" to combine tokenized funds with digital currencies, aiming to enhance liquidity and capital efficiency. Tokenized gold ETFs may become the next pilot program

Brent crude oil fell below $105 per barrel to $104.99 on November 3, with intraday gains narrowing to 0.24%. WTI crude declined to $96.99 per barrel. The price decline follows reports that Iran's president stated the Supreme Leader has permitted negotiations on previously non-negotiable

Palantir Technologies reported third-quarter revenue of $2.31 billion, beating analyst expectations of $2.18 billion, with adjusted earnings per share of $0.44 versus the expected $0.39. The company also raised its full-year revenue guidance

In the second quarter of 2026, SMIC recorded sales revenue of 3.006 billion US dollars, up 36.1% year on year. The company’s capacity utilization rate reached 93.7%, while its gross profit margin rose to 25.3%. SMIC is prioritizing capacity, yield and cost at mature and sub-advanced process nodes, u

Apple reported better-than-expected earnings and revenue on Monday, but new CEO John Ternus faced an early challenge as CFO Kevan Parekh forecast gross margin of 45% to 46% for the December quarter, trailing the 46.3% analyst estimate. Parekh attributed the margin pressure to higher memory costs and

US spot Ethereum exchange-traded funds recorded their sixth consecutive withdrawal session on November 2, losing $139.7 million as Ethereum traded near $2,268 on November 3. The fresh outflows extended institutional selling pressure that began October 26, bringing total six-day withdrawals to

Micron shares climbed 2.5% in early trading on Monday as demand for memory chips used in AI infrastructure continued. The rebound recovered part of Friday’s 5.3% decline as investors returned to semiconductor stocks following the recent selloff. Micron’s annual high-bandwidth memory roadmap and indu

According to Farside Investors, US spot Ethereum ETFs recorded $571.1 million in net withdrawals between October 26 and November 2. ETF outflows extended their withdrawal streak to six consecutive trading sessions on November 2, with a $139.7 million daily outflow. BlackRock's ETHA accounted

Tesla secured federal approval on November 2, 2026, for production activity at its Texas Megafactory. The approval covers the company’s Megapack 3 battery storage manufacturing operations under a special U.S. customs program. The Foreign-Trade Zones (FTZ) Board authorized the proposed production act

Teva Pharmaceutical reported third quarter revenue of $4.4 billion, exceeding market expectations of $4.24 billion. The company's adjusted earnings per share reached $0.86, surpassing the estimated $0.72.

Luckin Coffee reported third-quarter net revenue of 178.9 billion yuan, up 17% year-over-year but missing the market consensus of 182.6 billion yuan. Net profit reached 18.6 billion yuan, growing 45% compared to the prior year. Adjusted earnings per ADS (American Depositary Share) came in at 6.80 y

Versant Media on Tuesday reported third-quarter earnings that exceeded Wall Street expectations and reaffirmed its full-year 2026 guidance. The company posted earnings per share of 34 cents versus the 5 cents expected by analysts surveyed by LSEG, with revenue reaching $1.59 billion. The earnings

According to ChainCatcher, Shopify (SHOP.N) stock declined 17% following the release of its third-quarter earnings results.

Pfizer reported third-quarter results Tuesday that beat Wall Street estimates and raised its full-year outlook. The pharmaceutical company cited strong year-to-date performance and ongoing cost cuts as drivers for the upward revision. Pfizer also appointed Cecile Guegan, a two-decade company

On November 3, Shanghai Gold Exchange gold T+D rose 0.19% to 840.16 yuan per gram in evening opening trade, while silver T+D fell 1.33% to 11,650 yuan per kilogram.

According to Versant Media, on Tuesday the media company reported third-quarter earnings that beat Wall Street expectations, with earnings per share of 34 cents compared to analyst forecasts of 5 cents. Digital platforms revenue reached $245 million, marking a nearly 10% year-over-year increase, wit

Yum Brands reported fiscal third-quarter earnings on Tuesday that beat Wall Street expectations, though a cyclospora outbreak linked to iceberg lettuce at Taco Bell weighed on same-store sales. The foodborne illness caused Taco Bell's same-store sales to decline 4%, with the worst impact the

According to JPMorgan Chase analysis, on Nov. 3, 2026, the U.S. midterm elections present four scenarios for Congressional control with varying impacts on the S&P 500. A Democratic sweep (66% probability) could result in a 0.25% decline or 0.5% gain, with AI stocks facing pressure from potential