According to Jin10, crude supply recovery is occurring alongside high diesel prices as the oil risk premium retreats; attacks on Russian refineries, restricted diesel exports and tanker bottlenecks continue to slow fuel-market recovery, while oil markets shift from supply disruptions to a structural split between ample crude and tight refined products.

Chery South Africa recalled thousands of vehicles to check for potential faults, and the country's consumer watchdog launched an investigation into the company, according to Bloomberg.

According to Jin10, European stocks rose toward record highs as broadly lower oil prices and renewed enthusiasm for AI trades lifted investor sentiment. Mining stocks led gains, supported by lower oil prices and a weaker dollar. Technology stocks also advanced after AI computing-services provider CoreWeave Inc. gave an upbeat business outlook and expectations grew for an initial public offering by Anthropic PBC. Siemens Energy rose 6.5% after the company said surging demand for gas turbines and grid equipment could lift its profit margin to as high as 22% by 2030. Growth in demand has already driven the company's profit to more than double last year. European stocks outperformed during market volatility over the past week. Since the U.S. midterm elections last Wednesday, the Euro Stoxx 600 has risen 2%, while the S&P 500 has fallen 0.6%. Cavendish Head of Equity Strategy Roger Lee said that some market skepticism about AI intensified after the midterm elections, prompting a partial reversal in capital flows and benefiting non-U.S. markets.

Morgan Stanley sharply lowered its long-term earnings outlook for Samsung Electronics and SK Hynix, in a marked divergence from Nomura’s view. According to Sina Finance, Morgan Stanley cut its SK Hynix target price by 38% to 1.6 million won and its Samsung target by 19% to 309,000 won on Monday, citing rising chip supply and risks that data center construction could be delayed in 2028. Nomura maintained target prices of 4.7 million won for SK Hynix and 670,000 won for Samsung in a report last Thursday—2.9 times and 2.2 times Morgan Stanley’s revised targets, respectively. Both firms were positive on earnings next year: Morgan Stanley raised its 2027 operating profit forecasts for Samsung and SK Hynix by 9% and 13%, respectively, while lowering its long-term margin assumptions for SK Hynix. Analyst Shawn Kim lowered the company’s projected average operating margin for 2029–2035 from 53% to 28%. Morgan Stanley moved about 4.9 gigawatts of computing capacity originally expected in 2028 to 2029, and cut its forecast for annual growth in global data center capacity additions that year from 21% to 9%. It still expects 43.3 gigawatts of new capacity in 2028. Nomura’s October 19 global memory report said demand growth would outpace supply growth at least through 2028, supporting continued tightness and strong prices. SK Hynix said on its October 28 earnings call that it had agreements with 14 major customers covering more than half of its planned capacity for 2027 and 2028. The agreements allow prices to adjust with market conditions within agreed ranges, leaving the company exposed to future price declines.

Chainalysis reported an on-chain market linked to access to overseas AI models amid U.S. export controls. According to PANews, a survey of 100 AI agent service providers found that 40% accept cryptocurrency top-ups, primarily in stablecoins, and resell overseas large-model API access to users in restricted regions. Chainalysis also found that payment activity from suspected China-linked wallets was 55% above baseline in the three days after U.S. frontier models were released, amid a wave of AI model distillation.

Germany’s economy is rebounding faster than expected a few months ago, but the government must continue structural reforms to secure long-term growth, Bundesbank President Joachim Nagel said, according to Bloomberg.

CoreWeave stock rose 7.9% to $52.58 in after-hours trading Tuesday after the company raised its full-year 2026 revenue outlook to $13 billion to $13.3 billion, rebounding from a 52-week low of $40.58 on November 5. Third-quarter revenue climbed about 168% year over year to $3.66 billion, above the company’s $3.45 billion to $3.60 billion forecast, while its $1.27 per-share net loss was narrower than analysts’ expected $1.45 loss, according to BeInCrypto. Revenue backlog increased to about $132.5 billion from $104 billion in June, and the adjusted operating income target rose to $1.275 billion to $1.375 billion. The quarter also showed mounting financing costs: net interest costs reached $846 million, up from $310 million a year earlier, while operating income was $207 million and the net loss was $709 million. CoreWeave expects fourth-quarter interest expense of $1.05 billion to $1.15 billion and now forecasts 2026 capital spending of $37 billion to $39 billion. CEO Michael Intrator said the company expects about $9 billion in customer prepayments and deposits within three months, while CFO Nitin Agrawal said it does not intend to issue more unsecured parent-level debt at current yields through 2027, though it plans debt tied to customer contracts in the coming weeks. The stock’s November 5 decline came amid a broader AI selloff, when the Nasdaq-100 fell 6.36%; Fundstrat’s Tom Lee linked the selloff to concerns that a Democratic Congress would curb AI spending.

2026年三季度，Robinhood Chain 拿下以太坊 L2 网络手续费的 80%，但其中 74% 来自一场为期 12 天的发币潮。

网信办把生成式AI、算法、深度合成、区块链四类备案并入同一系统，服务名称禁用「虚拟货币」「交易所」「ICO」，加密项目的常见架构正在被逐条对号入座。

一句话形容PEARL的终局：GO BIG OR GO HOME。

在美国财政部将墨西哥城交易所（MEXC）列为主要洗钱目标后，币安已停止与该交易所的所有交易。美国方面称，自2021年5月以来，MEXC至少处理了160亿美元的可疑交易，但调查人员ZachXBT认为这一数字被夸大了。

比特币面对的是一个下有成本托底、上有流动性压制的震荡空间。

一份新提交的起诉状披露了以太坊基金会今年多名核心贡献者离职的内情。

AI泡沫最危险的地方，不一定是技术本身没有价值，而是为了抢占未来市场，企业可能提前花掉太多真金白银。

你可以在一顿饭时间用 AI 生成一个借贷协议，但生成不了 100 亿美元存款。

人工智能,算力,芯片,数据,苏姿丰给AMD的另一串“密码” 金色财经,CPU崛起。

Google DeepMind 宣告 Gemini 4 Carbon 正式开放，号称为「Google 目前能力最强的模型」，专门面向复杂、长周期任务。