Mexico unexpectedly cut interest rates to a four-year low of 6.25%, according to Bloomberg. Spare capacity in the economy gave the central bank room to resume monetary easing.

According to CNBC, One Point BFG Wealth Partners Chief Investment Officer Peter Boockvar said investors were questioning a forecast for $1.2 trillion in capital expenditures next year and that the shift could mark the start of the end of the AI trade as it is currently known. The comments came amid concerns that restrictions on data center construction could affect companies’ growth prospects following Democrats’ strong performance in Tuesday’s midterm elections. The Nasdaq Composite fell 5% Thursday, entering correction territory at more than 11% below its record high set last month. The iShares Semiconductor ETF dropped 11%, its biggest decline since March 2020, while the Global X Artificial Intelligence & Technology ETF (AIQ) fell 6% and was down 15% over the past month. The Dow Jones Industrial Average lost more than 1,600 points. Cantor Fitzgerald’s Eric Johnston said the outlook for AI infrastructure construction had changed significantly and that the economy, consumers and earnings growth were tied to the buildout. Other investors said the AI trade was not necessarily over but that investors should be more selective. Newedge Capital Group’s Rob Sechan cited Microsoft Azure’s 48% year-over-year growth in its most recent third quarter as evidence that capacity, rather than demand, was constrained. Raymond James Chief Investment Officer Larry Adam described the broad selling as a buying opportunity for investors with a longer-term perspective. Josh Brown pointed to the 4.8% yield on the 10-year Treasury as a reason investors were reconsidering riskier AI stocks.

According to Jin10, Saudi Aramco cut the official selling price of Arab Light crude for Asian buyers in December to a discount of $7 per barrel to benchmark oil prices.

According to CNBC, Jim Cramer's Charitable Trust bought 10 shares of Goldman Sachs at roughly $867 during Thursday's market sell-off. The trade will bring the Trust's holdings to 160 shares and raise its portfolio weighting to 3.6% from 3.4%. Goldman shares were down roughly 7% amid concerns that opposition to data centers could reduce AI-related IPOs and fundraising for the buildout. The Trust said Goldman’s 2.3% dividend yield and quarterly multibillion-dollar share-repurchase program support shareholder returns.

Mining companies backed by billions of dollars in support from the administration of US President Donald Trump face heightened scrutiny after Democrats’ midterm sweep, Bloomberg reported.

Codelco’s chairman plans to propose a restructuring of the Chilean state-owned copper producer that would extend beyond corporate governance, according to Bloomberg. The company’s new leadership is seeking to restore confidence amid a production-reporting scandal.

Goldman Sachs’ stock-trading desk is receiving a surge of calls from investors seeking to gauge how much further Thursday’s technology selloff could extend, according to Bloomberg.

Argentina’s sovereign peso bonds fell Thursday, according to Bloomberg, after a surge in trading and prices the day before fueled speculation that the government was intervening to push down borrowing costs ahead of key Treasury auctions.

By integrating the technological and resource advantages of both parties in the fields of artificial intelligence, cybersecurity and industrial applications, we will promote cutting-edge technology research, product innovation and industrial cooperation.

China Resources Longdi Smart Network Security and GCSA jointly established the AI ​​and Network Security Research Center, focusing on AI-based anti-fraud and threat detection.

Revolut's $115 billion valuation is supported by payments, subscriptions, and cross-border distribution, while Nubank earns real profits through consumer credit and local market penetration. Stablecoins are bringing these two paths together.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

GCSA disclosed its ecosystem product matrix: 380 million users, 91.3% success rate in evaluations, and its security capabilities are moving towards comprehensive joint defense.

Of Circle's $865 million in revenue in the third quarter, $182 million came from pre-sale revenue of ARC tokens; excluding this, the reserve interest income from its main business is still shrinking year-on-year.

Blockchain has found product-market fit in prediction markets, perpetual contracts, and stablecoins, but the value is all taken by the platforms that control the users; the chain itself is just a conduit.

The CFTC has approved perpetual contracts for a single stock for the first time, and Wall Street is beginning to learn from the crypto market. The boundaries between US stock market TradeFi and Crypto are disappearing.

Binance suspended withdrawals for about 56 hours, and trading volume shifted to platforms such as OKX, but funds did not migrate on a large scale simultaneously.