South Korea’s KOSPI opened 1.82% lower. According to Odaily, SK Hynix fell 6% and Samsung Electronics declined 3%.

Fundstrat’s Tom Lee said a Democratic midterm sweep could drive a 15% to 20% tech rally as hedge funds rebuild exposure, calling data-center stock losses an overreaction. Lee expects TMT funds to return to tech, led by hyperscalers, and said divided Washington could ease pressure on the Federal Reserve, according to BeInCrypto. Goldman Sachs economists said Democratic state and local wins could pause data-center construction affecting about 45% of planned US capacity growth. Lee favored financials and industrials and said the rebound case weakens if opposition spreads beyond Texas and Georgia. A CNBC host said crypto rallied as Democrats renewed efforts to pass legislation they opposed before the midterms.

According to CNBC, AppLovin surged more than 20% after the mobile advertising software company posted third-quarter results that topped estimates, with adjusted EBITDA of $1.84 billion versus the $1.73 billion consensus and revenue of $2.18 billion exceeding the $2.07 billion forecast. Dutch Bros sank 19% after cutting its full-year adjusted EBITDA guidance to at least $380 million from a prior range of $385 million to $390 million, with third-quarter same-store sales of 4.4% missing the 4.6% estimate. Zillow dropped more than 16% after missing third-quarter estimates, reporting adjusted earnings of 55 cents per share versus 59 cents expected and revenue of $724 million versus $754 million. Fastly plummeted 16% despite beating estimates and guidance, as the company announced its Go To Market president Scott Lovett will retire in 2027. Qualcomm fell nearly 6% despite a slight earnings beat, with current-quarter adjusted earnings guidance of $2.15 to $2.35 per share falling short of the $2.26 analyst estimate. Expedia tumbled more than 7% on fourth-quarter revenue guidance of $3.69 billion to $3.75 billion, below the $3.74 billion consensus, despite third-quarter earnings and revenue beats. Snap slid 7% after third-quarter revenue of $1.72 billion narrowly missed estimates and daily active users of 495 million fell short of the 499 million expected. MercadoLibre dropped about 7% on earnings of $8.83 per share missing the $9.27 consensus, while revenue of $10.75 billion beat the $10.69 billion estimate. HubSpot fell more than 8% as fourth-quarter guidance of $3.85 to $3.87 per share on revenue of $945 million to $947 million missed expectations. Cava declined over 11% on third-quarter earnings of 11 cents per share versus 12 cents expected and revenue of $356 million versus $359 million. Figma dropped nearly 7% despite beating estimates with adjusted earnings of 10 cents per share on revenue of $391 million. Wolfspeed fell 5% on a wider-than-expected fiscal first-quarter adjusted loss of $2.03 per share versus the $1.99 estimate. Klaviyo slid about 5% despite beating estimates and raising full-year revenue guidance. Arm Holdings dipped almost 2% despite adjusted earnings of 52 cents per share beating the 47 cents estimate. Coherent gained 7% on adjusted earnings of $2.09 per share versus the $1.99 estimate, with revenue and guidance also above expectations. e.l.f. Beauty rose more than 4% on fiscal second-quarter adjusted earnings of $1.21 per share and revenue of $521 million, well above estimates.

US stocks rallied sharply on Wednesday as Democrats secured a decisive victory in the midterm elections and Trump accepted the results, removing the political uncertainty that had loomed over Wall Street. The Dow Jones Industrial Average climbed 1,569.40 points, or 3.03%, to 53,356.12, reclaiming the 53,000 threshold for the first time since September 8 and posting its best single-day performance since April 9, 2025. The S&P 500 rose 119.70 points, or 1.58%, to 7,688.62, and the Nasdaq Composite gained 364.50 points, or 1.44%, to 25,736.51. Major technology shares broadly advanced, with Microsoft and Amazon each rising more than 6%, Apple up more than 5%, Google up more than 3%, and Meta up more than 1%. AI-related stocks moved against the tide, with NVIDIA falling more than 3%. In the storage sector, Seagate Technology dropped more than 8%, Micron Technology and SanDisk each fell 7%, and Western Digital declined more than 6%. Among cloud service providers, CoreWeave plunged more than 9% and NEBIUS fell more than 7%. Optical communication stocks also slid, with Marvell Technology and Lumentum each down more than 7%, and Coherent and Corning each falling more than 5%. The midterm results also raised hopes for ending Middle East conflicts, sending oil prices plunging. December West Texas Intermediate crude futures fell $7.97 to settle at $88.12 per barrel, a decline of 8.29%, while January Brent crude futures dropped $8.98 to settle at $94.62 per barrel, down 8.67%. "The pressure to end the war is only going to be greater," said Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partners. "The American public has clearly expressed dissatisfaction with inflation, gas prices, and the like. Maybe this will push the war to an end. We will have to see." Trump told media he was "absolutely willing" to accept the election results and said he and Republicans would work with Democrats. Before the election, investors had worried that a Democratic sweep could drag down certain market segments, particularly stocks tied to AI infrastructure. Concerns intensified on Wednesday after Gina Hinojosa, a candidate for Texas governor who promised to immediately pause construction at key data center hubs, won her race. Investors will also watch for policy actions on housing and pharmaceuticals in the coming weeks. On the economic front, ISM and S&P data showed US services activity expansion slowed in October as companies continued to deal with elevated costs, while ADP reported that private sector hiring remained solid in October with "reasonably robust" job growth, according to Sina Finance.

BNB Chain announced on X that the Set and Earn AI agent challenge closes today at 12:00 UTC. The post described the deadline as approaching and said entries must be submitted before the challenge closes to count. Limited merchandise will go to the first 100 qualifying wallets. Participants were urged to check their entries before the deadline, but the post did not specify the criteria for qualifying wallets or provide further details about the merchandise. The stated cutoff is 12:00 UTC today; the post did not give a calendar date. The announcement provides no additional information about the challenge’s entry requirements or how qualifying wallets will be determined.

According to Yonhap, HKET and Yahoo Finance Taiwan, the U.S. Democratic Party won control of both chambers of Congress in the midterm elections, and President Donald Trump said he would accept the results. Oil prices fell on expectations of an early end to the Iran war, with December WTI futures down 8.29% at $88.12 a barrel and January Brent futures down 8.67% at $94.62. Japanese index futures advanced in night trade. The Osaka Exchange's December 2026 Nikkei 225 futures ended the night session at 63,110, up 660 points from the previous day and 921.37 points above the Nikkei Stock Average's cash close of 62,188.63. Yen-denominated Chicago Nikkei 225 futures stood at 63,130, 680 points above the Osaka close. KOSPI 200 night futures fell 1.66%, while the MSCI South Korea ETF declined 1.90% and SK Hynix's American depositary receipts (ADRs) dropped 5.12%. The KOSPI rose 35.01 points, or 0.62%, to close at 5,683.80 in the previous session. Mirae Asset Securities managing director Seo Sang-young said U.S. stock gains, the sharp fall in oil prices and steadier Treasury yields should support sentiment, but the steep drop in chipmakers on new-facility regulation concerns weighs on the market. Hang Seng Index night futures closed up 503 points at 24,425. HKEX data showed November Hang Seng Index futures traded between 23,927 and 24,519 in the after-hours session, on volume of 27,444 contracts. The NASDAQ Golden Dragon China Index rose 3.5% to 5,722. Among ADRs, Meituan's ADR was equivalent to HK$77.90, 3.59% above its Hong Kong close; Tencent's ADR was at HK$411.31, up 2.42%; the HSBC ADR was at HK$140.22, up 2.80%; and Alibaba's U.S. shares were at HK$103.25, up 2.63%. Front-month TAIEX futures closed the night session at 43,404, up 201 points or 0.47%, trading between 43,141 and 44,274 on volume of 66,939 contracts. TSMC futures rose NT$1 in the night session. The TAIEX fell 358.63 points, or 0.83%, to close at 42,948.91 in the previous session.

SK Group Chairman Chey Tae-won will serve as chairman of the board of HYAICO, SK Hynix’s U.S.-based AI investment company. According to Sina Finance, citing a filing with the U.S. Securities and Exchange Commission (SEC), SK Hynix President Song Hyun-jong will become HYAICO’s president and CEO, while SK Hynix CEO Kwak Noh-jung will serve as a director.

Jinse Finance ra mắt bản tin hàng ngày về ngành tiền điện tử và blockchain, "Jinse lúc 8 giờ sáng", số 3233, cung cấp cho bạn những tin tức mới nhất và nhanh nhất về ngành tiền kỹ thuật số và blockchain.

David Jones, Australia’s oldest department store, collapsed on Thursday after almost 200 years, Bloomberg reported. The chain succumbed to the digital era as shoppers turned to cheaper, nimbler online rivals.

According to Jin10, a cabinet representative said the Bank of Japan is expected to be accountable for decisions made at the meeting and carefully assess the cumulative effects of previous rate hikes.

The CLARITY Act will expire at the end of the 119th Congress on January 3, 2027, unless it wins bipartisan support sufficient to meet the Senate’s 60-vote threshold. According to Odaily, the bill would need to be reintroduced and a new agreement negotiated in the next Congress to advance; the Digital Chamber expects the Democratic-controlled House Financial Services Committee to prioritize stablecoin reserve requirements, expanded consumer disclosures and stronger anti-money laundering controls. The next Congress is also expected to strengthen protections related to AI data privacy and national security risks and to advance formal risk-management frameworks and transparency requirements for high-risk AI applications.

Mặc dù đảng Dân chủ giành chiến thắng áp đảo ở cả hai viện Quốc hội, cổ phiếu các công ty AI ban đầu giảm trước khi tăng trở lại, cho thấy thị trường thực sự đang giao dịch dựa trên sự khác biệt giữa kỳ vọng và quy định.

Với việc đảng Dân chủ giành được đa số tại cả Hạ viện và Thượng viện, quyền kiểm soát luật pháp về tiền điện tử đã chuyển sang tay đảng Dân chủ, và các cuộc điều tra về hoạt động kinh doanh tài sản kỹ thuật số của gia đình Trump sẽ được ưu tiên hơn so với việc thúc đẩy các dự luật mới.

Jinse Finance ra mắt "Jinse Web3.0 Daily", cung cấp cho bạn những tin tức mới nhất và nhanh nhất về AI, DeFi, DAO, NFT và ngành công nghiệp metaverse.

OFAC đã bổ sung 10 cá nhân và 1 thực thể vào danh sách trừng phạt để trấn áp mạng lưới nhân sự công nghệ thông tin ở nước ngoài của Triều Tiên và các kênh chuyển tiền điện tử của nước này.

Đảng Dân chủ đã giành chiến thắng ở cả hai viện Quốc hội trong cuộc bầu cử giữa nhiệm kỳ của Mỹ, đánh dấu thất bại chính trị tồi tệ nhất của ông Trump kể từ khi nhậm chức.

Giá cổ phiếu của Intel đã lao dốc 28,58% chỉ trong một ngày, giảm hơn một nửa so với mức đỉnh, kéo theo sự sụt giảm của toàn bộ ngành công nghiệp bán dẫn toàn cầu. Câu chuyện về trí tuệ nhân tạo đang chuyển từ việc mua sức mạnh tính toán sang đòi hỏi lợi nhuận.

Các báo cáo ban đầu về vụ đánh cắp 6,34 tỷ đô la từ Binance cho thấy đây là một cuộc phỏng vấn giả mạo, điều mà Triều Tiên phủ nhận, nhưng bí ẩn thực sự nằm ở việc tin tặc đã xâm nhập hệ thống trong suốt mười ngày.

Wang Yongli đã giải thích quy trình lập pháp đối với stablecoin ở Hoa Kỳ và chỉ ra rằng Trung Quốc không nên làm theo bằng cách phát hành stablecoin Nhân dân tệ, mà nên bám sát chủ đề chính là Nhân dân tệ kỹ thuật số.

Một cuộc phỏng vấn giả mạo được lên kế hoạch tỉ mỉ đã cho phép tin tặc xâm nhập vào ví chính của Binance từ máy tính của nhân viên trong gần năm tháng, dẫn đến việc đánh cắp 6,34 tỷ đô la tài sản.