On November 4, Goldman Sachs reaffirmed its Buy rating on Advanced Micro Devices (AMD) and maintained its $700 price target. According to Sina Finance, analyst James Schneider said AMD’s latest results and guidance were strong and could support further share-price gains. Goldman Sachs said Intel’s weak guidance had lowered market expectations for the semiconductor industry, while AMD’s strong data center business and better-than-expected gross margin performance supported its share price; the company’s operating expense outlook was broadly in line with expectations. Goldman Sachs said investors will focus on whether AMD’s MI450 series AI chips can expand deployment at major customers as planned in the fourth quarter of 2027, and whether server CPU business growth can continue in 2027. Gross margin trends and changes in PC market demand will also affect AMD’s future earnings.

FinChain, a crypto-finance brand incubated by Fuxing Wealth Holdings, announced a partnership with Plume to launch FLEX & FINO, an on-chain yield-enhancement strategy offering leveraged returns on the yield-bearing RWA asset FUSD. According to Foresight News, the strategy lets users deposit FUSD as collateral, earn its underlying yield, borrow USDC and deploy the borrowed tokens in liquidity pools for additional returns. FUSD is backed by tokenized U.S. short-term Treasury securities and compliant money market funds. The product has a 90% utilization cap and, under baseline assumptions, a projected annual percentage yield of up to 7.2%. Redemptions settle on a T+2 basis, while interest settles between T+14 and T+30.

According to Jin10, spot gold rose more than 2% on Wednesday after Democrats won key races in the U.S. midterm elections, weakening the dollar and supporting gold prices. Investors were also awaiting U.S. nonfarm payroll data due later this week for clues about the Federal Reserve’s future policy path. Pepperstone Head of Research Chris Weston said that a weaker dollar and sharp declines in both nominal and real U.S. Treasury yields supported gold. He said investors wanted to hedge against the risk that the Trump administration could become less predictable and more confrontational, and that safe-haven demand appeared to create a favorable market environment for gold buyers. Democrats scored a decisive victory in the midterm elections, while global stocks fell and the dollar weakened. The weaker dollar made gold priced in dollars cheaper for overseas buyers.

According to Jin10, Goldman Sachs raised its Euro Stoxx 600 earnings-per-share growth forecast for 2026 to 18% from 15%, and its 2027 forecast to 7% from 5%.

Mitsubishi Corp. raised its net profit forecast for the fiscal year ending March 2027 to ¥1.2 trillion and approved a share buyback of up to ¥1 trillion. According to Sina Finance, net profit for the six months through September rose 74% year over year to ¥619.7 billion, while basic operating cash flow increased 63% to ¥728.1 billion. The company also raised its full-year basic operating cash flow forecast to ¥1.38 trillion from ¥1.25 trillion; both forecasts could reach record highs. Higher commodity prices and gains from asset sales supported profit growth, while higher costs and weak market conditions weighed on salmon farming and overseas grain trading. Mitsubishi Corp. kept its full-year dividend forecast unchanged at ¥125 per share.

The Reserve Bank of India (RBI) has established a technical advisory committee to engage with market participants on policy and operational issues as financial markets and their infrastructure evolve rapidly. According to Sina Finance, the committee will be chaired by the deputy governor responsible for financial markets regulation and has seven external members, including representatives from State Bank of India, Axis Bank, ICICI Bank, Citi India, Clearing Corporation of India and Morgan Stanley India; former Indian market regulator senior official Ananth Narayan is also a member. The committee will examine the operation, efficiency, liquidity and resilience of money markets, government securities markets, foreign exchange markets and related derivatives, as well as trading, clearing, settlement, reporting and other market infrastructure issues, including associated regulatory and operational frameworks. The RBI announced the committee at its monetary policy review meeting in October, and it will meet at least once a quarter.

Major semiconductor equipment makers are nearing completion of supply contracts for 2028, with some also discussing purchase orders for equipment available in 2029. According to ChainCatcher, South Korea’s Electronic News reported on November 3 that Applied Materials, ASML, Lam Research, Tokyo Electron and KLA are among the companies in the final stages of contract discussions. Demand to install front-end manufacturing equipment in fabs quickly has surged. Key equipment partners of TSMC, Micron and Intel are developing supply strategies for 2029, while some South Korean equipment companies that deal directly with overseas manufacturers are reviewing supply plans two to three years ahead. Contract talks typically begin six to 12 months before equipment is installed, and delivery takes about three to six months after an order is placed. Ongoing AI infrastructure investment and large-scale spending by semiconductor manufacturers have more than doubled equipment delivery times compared with normal levels; lead times for some categories exceed two years. As a result, contracts are being advanced by one to two years. ASML said last month that it expects no interruption in lithography equipment supply through 2028 and is studying options to expand future capacity. A global equipment executive said discussing supply three years ahead is unusual and expected the trend to continue through 2030. Another industry source said early equipment commitments could spread to back-end manufacturing as front-end and back-end investment proceed in parallel. Samsung Electronics and SK hynix are continuing fab investments and may need to secure core process equipment earlier.

An unidentified address's BTC short position was liquidated six times within two hours, totaling 199.83 BTC. According to ChainCatcher, Lookonchain valued the liquidations at approximately $15.45 million.

BNB Standard Corporation has appointed SkyBridge Capital founder Anthony Scaramucci as an independent director. According to ChainCatcher, the company is a BNB treasury firm.

Jim Cramer says tech stocks lack the capitulation signal he sees as marking a bottom and is holding back purchases after the Nasdaq 100 closed 10.4% below its record. Funding worries hit Oracle, which fell almost 9% on Nov. 2 after announcing a $20 billion debt and stock sale, according to BeInCrypto. Cramer said Friday’s 4.1% Nasdaq 100 drop brought despair but no strong-close reversal on heavy volume; he said the correction may still have set a low. He said Advanced Micro Devices and Arista Networks could lead a rebound if investors favor companies avoiding major capital raises.

South Korea considers establishing a national cybersecurity authority after the $6.3 billion Binance hack. The proposal highlights growing cyber threats, AI-enabled attacks and the need for stronger public-private cooperation.

Singapore Airlines confirms 46,000 booking records were accessed in an Amadeus data breach. Personal travel details were exposed, raising concerns over airline supply-chain cybersecurity.

Trump's midterm election defeat reflects American voters' dissatisfaction with his economic and domestic policies, and his legislative agenda for the next two years will face greater constraints. The crypto industry invested heavily in the election, and crypto regulatory policies will therefore receive more attention.

The lack of top-tier projects in recent years does not necessarily indicate an industry decline; rather, it may be a sign that the industry is transitioning from a period of rapid, unregulated growth to mature, competitive competition.

The hackers spent nearly five months penetrating everything from engineers' personal computers to the exchange's core wallet system.

Russia is preparing to open its first organized cryptocurrency trading market, but international sanctions and doubts over investor demand could complicate Moscow Exchange's latest push into digital assets.

Binance, wallet, hacking attack, how much trouble can working people cause? Binance was hacked because an employee secretly conducted interviews. Jinse Finance, now, the most curious thing is how Binance will deal with the working person who caused the trouble?

On the day of the US midterm elections, prediction markets bet an 82% probability of a Democratic sweep of both houses of Congress, with total betting exceeding $1.48 billion, a record high. Whether these predictions come true will directly determine the fate of this emerging industry's credibility.

In Ubuntu and Red Hat systems, a near-perfect Linux kernel vulnerability remains unpatched. An unreleased large model from Anthropic successfully transforms this vulnerability into a high-risk exploit chain capable of remotely gaining root privileges!

When the mobile internet was booming, ride-hailing and food delivery services relied on subsidies to cultivate usage habits. Stablecoin investment with interest rate hikes has a similar plan: first attract funds, then strive for subsequent revenue.