price

According to Gate market data, the settlement price of U.S. crude oil futures is $88.12 per barrel, down $7.97, a decrease of 8.29%.

Investor Serenity (@aleabitoreddit) posted that the current market deleveraging has become quite severe, with investors indiscriminately selling stocks related to the AI industry chain. Some companies' stock prices have even fallen back to levels before significant orders and performance expectations were realized.Serenity cited the storage chip company ESMT as an example, noting that the company has a market capitalization of about $2 billion, achieving a gross profit of $526.2 million and a net profit of $330 million in the third quarter, with net assets of approximately $937 million, of which net cash is about $740 million. Based on current performance annualized, its price-to-earnings ratio is only about 1.6 times. Despite ongoing market concerns about the cycle peaking, unsustainable profits, and lack of competitive barriers, the trend of DDR2 and DDR3 production lines exiting is tightening supply, and ESMT expects to hedge against declining consumer demand in the fourth quarter by raising product average prices.Serenity also pointed out that manufacturers like Samsung and Micron are gradually exiting DDR2 and DDR3 production lines, and Nanya Technology has also stopped related production lines, while ESMT's revenue mainly comes from these two types of storage products. It believes that the market underestimates the price support brought by the contraction of traditional storage supply and ignores the situation where Micron, Samsung, SK Hynix, and SanDisk are locking in profitability through long-term supply agreements and price floors. Serenity criticized that the market is selling off AI and storage industry chain companies that actually generate substantial cash flow while shifting funds to companies like Walmart, which has a price-to-earnings ratio of about 47 times, and CrowdStrike, which has a forward price-to-earnings ratio of about 180 times. The current focus is not on the actual free cash flow generated by companies but rather on indiscriminate selling.

According to Gate market data, Microsoft's (MSFT.O) stock price once surged to a historic high, recently rising by 6.1%. General Motors' stock price also reached a historic high, recently increasing by 4%.

According to Gate market data, Alphabet (GOOG.O) stock price increased by 5.8%, marking the largest gain since August.

Despite the possibility that the Democratic Party may push for stricter restrictions on data center construction after winning the election, Nvidia's stock price still rose on Wednesday. This is because the positive performance reported by major companies in the chip industry indicates that market concerns about delays in data center construction have not immediately affected Nvidia and other hardware companies.Customers are still rushing to stockpile artificial intelligence hardware, even though it is currently uncertain whether there will be suitable locations to install these devices in the future. The defeat of Republican governors in Texas and Ohio in the election means that the construction of artificial intelligence infrastructure will face stricter scrutiny.Mark Haefele, Chief Investment Officer at UBS Global Wealth Management, wrote in a research report: "Increased oversight from Congress does not necessarily hinder the artificial intelligence investment cycle. Comprehensive federal-level restrictions will face legislative and presidential power constraints, while state and local regulations will still have a greater impact on the timing and location of data center construction." If Democratic politicians indeed push for stringent measures to limit the construction of artificial intelligence data centers, Nvidia will face greater challenges in the future.However, the market is currently more focused on signs that chip demand remains strong after the stock's recent weak performance.

VanEck's Head of Digital Asset Research, Matthew Sigel, posted on the X platform that Bitcoin's hash rate is approaching an all-time high of 1038 EH/s, with the next halving expected in April 2028.He stated that a S21 XP miner priced at $3,459, under the conditions of an electricity cost of $0.08, constant hash rate, and a three-year depreciation, would require Bitcoin to average around $100,000 from now until the halving period to break even; to achieve cash recovery by the end of 2028, it would need to reach about $116,000. Currently, the BTC price is $77,500.

According to the market intelligence platform Liquid247.xyz, OKX perpetual BTC has about 200.16 buy orders placed at $77,399, with a nominal value of approximately $15.49 million, retracting about 0.06% from the mid-price of around $77,443 at that time.The total near-end market buy orders amount to approximately $37.08 million, while sell orders are about $16.08 million, resulting in a net buy of approximately $21.01 million, accounting for 39.52% of the total depth.

Markus Thielen, founder of 10x Research, stated in the Cointelegraph podcast Trade Secrets that the days of Bitcoin experiencing double-digit gains consecutively are over, as Wall Street traders and profit-taking whales are reshaping the market structure. He believes that institutional traders are selling call options after price increases, making the extreme price surges of earlier years less common. Thielen, who is also the author of the industry historical work Crypto Titans, found in his writing that each cycle has different drivers, and different drivers attract different investors. The current drivers are from Wall Street, with investors trading based on economic data and Federal Reserve decisions.Thielen estimates that among the $60 billion in net inflows for spot Bitcoin ETFs he analyzed, market makers could account for as much as half. These institutions hold ETF shares to hedge options trading, so they do not necessarily represent a bet on Bitcoin's price increase. His estimate is based on a review of the SEC's 13F filings. He still expects Bitcoin to reach $90,000 by the end of the year, but it may first drop to a range of $76,000 to $79,000. Bitcoin fell to about $76,100 last Friday after a $6.3 billion hacking incident on Binance, with a cumulative drop of 7.3% in October.Thielen expects Bitcoin to outperform Ethereum, believing that too much value generated by Ethereum's ecosystem is flowing to Layer 2 networks. He has been bearish on Ethereum for over a year, comparing it to a highway: everyone wants the road to be clear and tidy for fast travel, but no one wants to pay for it. He cited the decentralized perpetual contract exchange Hyperliquid as an example, pointing out that its aid fund converts trading fees into HYPE and destroys them, suggesting that Ethereum needs to establish a stronger connection between network usage and financial benefits for holders.

According to Gate market data, Palantir (PLTR.N) stock price fell to a more than one-month low after the announcement of its third-quarter performance, recently down 6.2%.

According to CoinDesk, Bitcoin's market performance before the 2026 U.S. midterm elections has broken the trend observed in the previous three elections. As of November 3, Bitcoin was priced at approximately $76,990, about 5.2% higher than the 200-day simple moving average (SMA) of $73,169, indicating that its long-term trend remains above the average.In contrast, during the U.S. midterm elections in 2014, 2018, and 2022, Bitcoin's price was approximately 35%, 9%, and 22% below the 200-day average, respectively, all during bear market phases. The report noted that although Bitcoin broke through $126,000 in October 2025, the current bear market has seen relatively shallow declines, mainly concentrated in January and February of this year.Martin Lee, head of research at DWF Labs, stated that historical data shows Bitcoin typically exhibits volatility or slight weakness in the initial months following midterm elections, but has achieved gains in the subsequent 12 months. However, short-term trends may still be influenced by election results, ETF fund flows, U.S. employment data, and geopolitical risks.Additionally, Bitcoin's 30-day implied volatility index BVIV has broken through a descending triangle pattern, indicating an increase in market expectations for short-term volatility.

Shopify (SHOP.N) stock price fell 17% after the announcement of third-quarter results.

According to reports, Oracle ORCL.N plans to issue $10 billion worth of stock at a discount of 11%, with the expected offering price at $116 per share.

According to Catcher Predict monitoring, in the "Bitcoin November Price Prediction" event on the Polymarket market, the "Yes" option for the sub-market "Above $77,500" has experienced a sharp fluctuation in winning probability, soaring from 70.4% an hour ago to the current 88.55% (a fluctuation of 18.15%). Please note the impact of related breaking news.

According to Gate market data, Oracle (ORCL.N) stock price decline has expanded to 6.5%, reaching a new low since July.

The final report of the U.S. October S&P Global Manufacturing PMI shows that production and new orders have increased, but the growth rate has slowed. Due to ongoing supply chain disruptions, price pressures have significantly intensified, and employment growth has reached a peak not seen in five and a half years.

According to Gate market data, U.S. chip stocks generally rose, with Nvidia up 1.5% and SK Hynix up 3.3%. Texas Instruments rose 1.9%, and Qualcomm rose 2.6%. Tempus AI unexpectedly turned a profit in the third quarter, with its stock price rising 6.2%.

Goldman Sachs has raised its oil price forecasts for the end of this year and 2027 due to rising risks in crude oil supply. Analysts expect Brent crude oil prices to reach $105 per barrel in December, up from the previous forecast of $90. The market is factoring in the risks of escalating situations following the U.S. midterm elections on November 3.

Japanese NAND flash memory manufacturer Kioxia Holdings saw its stock price drop by 15% on Monday. The company provided a guidance for operating profit of 2 trillion yen (approximately 12.7 billion USD) for the December quarter last Friday, which is below the consensus expectation of analysts at 2.35 trillion yen and only slightly higher than the 1.99 trillion yen recorded in the September quarter. In previous quarters, Kioxia's operating profit surged due to the procurement of high-speed NAND storage by artificial intelligence data centers.Kioxia attributed the slowdown in growth mainly to the timing of shipments rather than a weakening demand. Some orders originally scheduled for delivery this quarter were moved to the September quarter at the request of customers, while others were postponed to the March quarter next year due to an increase in the proportion of enterprise storage and longer production and delivery cycles. Chief Financial Officer Yoshihiko Kawamura stated in a conference call last week that the company expects to see a rapid recovery in growth in the March quarter, with demand from artificial intelligence data center operators remaining strong.Kawamura also mentioned that the company's planned production capacity for next year is already sold out, and more than half of the production for the following year has also been allocated. Some major customers have begun negotiations for contracts covering 2029 and beyond. Kioxia competes with Samsung Electronics, SK Hynix, and Micron Technology, focusing primarily on NAND, while its South Korean counterparts also sell DRAM needed for artificial intelligence computing.