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According to The Verge, the U.S. government has approved the Chinese company New Matrix to purchase NVIDIA H200 AI chips, but the company's registered office location is vacant, raising concerns about whether the chip sales review is sufficient.The report cites The New York Times, stating that New Matrix was established about 17 months ago, and there is little public information available. The business directory for its registered address does not list the company, and property personnel in the park also indicated that there are no records of it. The company's owner is associated with a Chinese private equity firm that has been blacklisted by the U.S. since 2024.The report also mentions that it is not an isolated case for companies associated with entities subject to U.S. national security-related trade restrictions to be approved for purchasing NVIDIA chips.

According to Investor's Business Daily, in the market volatility following the U.S. midterm elections, 88% of the S&P 500 index constituents have reported earnings, with 84% of earnings per share exceeding consensus expectations. The report suggests that the market will focus on inflation data and a new round of corporate earnings next week.Cisco's upcoming earnings report will reflect its progress toward achieving its annual goal of $7.5 billion in AI infrastructure orders; cloud computing company CoreWeave will also release its earnings report, with investors paying attention to its AI data center construction and order backlog situation. The report notes that emerging cloud service providers like CoreWeave are facing rising financing costs and debt financing pressures recently.

According to official news from Gold House, the parent company of the social platform Gold House has reached a strategic cooperation with the Canadian MSB licensed company LUMINOUS FINANCE LIMITED. The two parties will collaborate on digital currency exchange, fiat currency exchange channels, cross-border fund transfers, and merchant payment settlement, exploring the application of digital assets in global payment and commercial settlement scenarios.This cooperation will combine the resources of both parties in the digital asset ecosystem, financial services, and related compliance businesses, improving Gold House's business layout in the field of digital asset payment and settlement, and providing users and merchants with more digital asset settlement service solutions.

The U.S. Department of the Treasury has imposed financial sanctions on eight Canadian currency service companies, stating that these companies have business dealings with sanctioned Iranian entities. The Treasury Department's statement indicated that the aforementioned companies facilitate the exchange of Iranian rials and other currencies and digital assets, enabling them to conduct international transactions. The related sanctions will isolate these companies from the U.S. dollar financial system.The U.S. Treasury stated that these businesses handle transactions for sanctioned Iranian digital asset exchanges and digital asset addresses associated with the Iranian Islamic Revolutionary Guard Corps. Treasury Secretary Scott Bessent stated that Canada cannot become a haven for illegal financial practitioners providing sanction evasion services to the Iranian regime and its proxies, and the Treasury will pursue and cut off financial channels for the Iranian regime globally. This action was coordinated with Canada's financial intelligence agency FINTRAC, as some sanctioned entities have attempted to evade scrutiny by changing their names and addresses.On the same day, the U.S. "Rewards for Justice" program offered a reward of up to $20 million and possible relocation arrangements for information regarding Iran's nuclear program, including its facilities, equipment, and personnel. The statement noted that Iran has not complied with the International Atomic Energy Agency's safeguards oversight, resulting in the agency losing "knowledge continuity" regarding Iran's production of enriched uranium and centrifuge components.

The CEO of the cryptocurrency exchange platform Coinbase, Brian Armstrong, stated that as the CEO of a publicly traded company, he supports the tokenization of the company's stock, as he hopes more people can hold the stock.Brian Armstrong stated that potential new groups of shareholders should not be shut out, as this is not a wise business practice, and connections should be established with customers where they are.

TikTok's parent company ByteDance is considering expanding its data center project located at the Pecém Industrial Port in Ceará, northeastern Brazil, and is looking for developers to be responsible for the second phase of the project. According to informed sources, the scale of the second phase may exceed the current project being constructed in Ceará; the latter has an investment scale of $10 billion and a capacity of 300 megawatts.ByteDance is also in preliminary talks with developers about constructing a data center of similar scale outside Pecém Port, which will serve local customers in Brazil, while the data center inside Pecém Port must export data to enjoy tax incentives. ByteDance previously announced plans to invest 200 billion reais (approximately $36 billion) in phases to build a data center complex in Pecém, with the first phase scheduled to start construction in early 2026.

Cryptocurrency analyst Murphy stated that on November 5, there was a noticeable panic in the market, with the spot active trading volume differential (SVD) on trading platforms severely skewed towards sellers. The selling pressure reached the highest level since the start of this round of market trends in August, even surpassing the active selling pressure triggered by the Binance security incident on October 30.Murphy pointed out that the continuously increasing active selling pressure has driven prices further down, but it is still not possible to determine whether the buying capacity has strengthened. Only when the next occurrence of a similar scale of active selling pressure does not lead to a significant price drop can it be indicated that the depth of buyer orders may have improved. He believes that the Binance black swan event and the sharp decline in U.S. stocks have consecutively impacted the market in the short term, significantly undermining bullish confidence. It may take several weeks or even a month or two for the market to digest the panic sentiment, and the probability of a direct V-shaped rebound in the short term is low. Moving forward, attention should be focused on investor behavior, market sentiment, and changes in chip structure.

According to Gate market data, the panic index VIX fell by 15%, dropping below 24 points.

According to Gate market data, Tesla (TSLA.O) has increased by 5%.

According to the South China Morning Post, the Nasdaq-listed Solana Company plans to expand its business presence in Hong Kong, increasing its local team from currently fewer than 10 people to up to 30, and establishing Hong Kong as its new headquarters for the Asia-Pacific region.The company's Chairman and CEO Joseph Chee stated that the tokenization business of large financial institutions in Hong Kong is still in its early stages, whereas the U.S. market is developing more rapidly. The company expects to evaluate the progress of the Hong Kong market in about six months, and if there are still no large tokenization service providers at that time, it will consider forming its own team to provide relevant services to local banks.Last month, Solana Company was listed by the Hong Kong SAR government as a key enterprise for introduction, with its business positioning covering digital asset infrastructure and services.

According to market news, the Democratic Party in the United States will target Apple, Meta Platforms, and companies owned by Elon Musk in their investigations.Previously, multiple media outlets reported that after winning control of both the House and Senate, the Democratic Party is preparing to use congressional oversight to investigate the business dealings of the Trump family, government officials, and large corporations, with potential targets including Musk. Bloomberg previously reported that Amazon, Apple, Comcast, Meta, Microsoft, and NVIDIA have received inquiry letters from Democratic lawmakers regarding their donations to Trump's gala before the midterm elections.

As Bitcoin mining companies accelerate their shift to AI data center businesses, construction cost overruns and risk allocation have become the focus of market attention. In the latest earnings season, Cipher disclosed that, according to the revised leasing arrangements, the company will bear the first cost overrun of $359.3 million beyond the original budget for the Barber Lake project.Riot expects that about 70% of its Rockdale project budget will be included in a Guaranteed Maximum Price (GMP) contract to control cost risks. Core Scientific stated that tariffs have increased the costs of some equipment and materials. In addition, Riot pointed out that lenders are more strictly reviewing tenant credit status, power supply facility energization, and project delivery records.

According to a report by the Korean News Agency, the Financial Supervisory Service's electronic disclosure system shows that Lee Jae-young, the representative director and head of the DX division of Samsung Electronics, purchased 3,000 shares of the company's common stock on November 6, at an average transaction price of 210,000 Korean won per share, totaling approximately 630 million Korean won. After the increase, his shareholding rose from 124,280 shares to 127,280 shares.The report states that this move comes at a time when Samsung Electronics' stock price has recently fallen significantly following the U.S. midterm elections, interpreted as a demonstration of a commitment to responsible management. Lee Jae-young previously purchased about 3,045 shares at 230,000 Korean won per share at the end of July. On the same day, Samsung Electronics' stock fell by 6.35%, closing at 188,700 Korean won.

The Deputy Secretary for Financial Services and the Treasury, Chen Haolian, stated at the Legislative Council's Financial Affairs Committee meeting that Hong Kong will further optimize the preferential tax system for funds, single family offices, and associated rights, including expanding the scope of the tax exemption system to cover large-scale single investor funds and include more eligible investments, such as loans and private debt investments, digital assets, precious metals, and more.Once the relevant amendment bill is passed, the measures can be implemented starting from the 2025/26 tax year. Chen Haolian also mentioned that Hong Kong's central clearing and settlement system for gold will officially be launched in the first quarter of next year, providing efficient and reliable clearing services for internationally standardized over-the-counter gold trading.

On November 6, the Japanese stock market saw active performance from certain individual stocks, with technology, consumer, and electronic components sectors leading the gains. According to the Gate platform's Japanese stock market data, the top three gainers are: Data Section (3905) up 8.86%, currently at $10.19; Japan Tobacco Inc. (2914) up 5.44%, currently at $49.10; and Sun Electronic (6976) up 3.49%, currently at $42.92.Gate's stock trading services have covered five major markets: US stocks, Hong Kong stocks, Korean stocks, Japanese stocks, and Taiwanese stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 Korean stocks, about 300 Japanese stocks, and 19 Taiwanese stocks, totaling coverage of more than 12,800 stocks and ETF assets worldwide. Gate allows users to participate in global stock trading using USDT in a one-stop manner and offers fractional trading starting from a minimum of 0.01 shares along with corresponding stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks and accommodates corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to China Blue News, on November 6, at the 2026 World Internet Conference in Wuzhen, Sohu founder, chairman of the board, and CEO Zhang Chaoyang admitted that he "missed the mobile internet." In the face of major companies heavily investing in large models, he explained that the outside world perceives Sohu's attitude towards AI as "calm," but "it is actually a conscious choice," because "large models require resource competition, which we cannot afford."When discussing algorithms and social interaction, Zhang Chaoyang stated that he does not oppose algorithms, but in product design, he chose not to pursue algorithmic recommendations, believing that some users would prefer to obtain information through real human social interactions. Regarding the short drama sector, he judged that the popularity of short dramas in China has not been replicated in the U.S. market, where American users still prefer long dramas and movies, saying, "The phenomenon of short dramas may be fleeting, or it may be a part of the future." He revealed that he does not watch short dramas, let alone AI short dramas.

According to market news, Palo Alto Networks is negotiating to acquire the AI agent security startup Clutch for $500 million in cash and additional milestone payments.

The U.S. Commodity Futures Trading Commission (CFTC) Clearing and Risk Division issued a no-action letter clarifying whether derivatives clearing organizations can use trust companies for the daily settlement of clearing members.The letter states that derivatives clearing organizations may consider trust companies as settlement banks that meet applicable CFTC requirements, allowing them to use these for daily settlements.