Bitcoin experienced its weakest November since 2018, with selling pressure mainly coming from the European session.

According to data from the BIT stock platform, U.S. optical communication stocks rebounded, with Fabrinet surging over 14% after its earnings report, Astera Labs rising more than 7%, Ciena up nearly 6%, Credo gaining over 5%, Coherent up nearly 5%, AAOI rising nearly 4%, and Corning advancing over 3%.

According to data from BIT Stock Platform, at the start of U.S. trading, Nvidia (NVDA.O) reclaimed the title of the largest U.S. company by total market capitalization, rising 3.11% to $208.340 per share with a total market cap of $5.02 trillion. Apple (AAPL.O) saw its stock fall 3.64% to $326.000 per share, posting a total market cap of $4.74 trillion.

According to data from the BIT Stock Platform, as U.S. stock markets opened, the Dow Jones Industrial Average fell 0.3%, the S&P 500 rose 0.06%, and the Nasdaq gained 0.4%. Most leading tech stocks were stronger: AMD (AMD.O) climbed 2.2%, Micron Technology (MU.O) rose 2.9%, and NVIDIA (NVDA.O) gained 2%. Apple (AAPL.O) dropped 2.5% as its Greater China revenue missed expectations for the quarter and services segment growth slowed. E-commerce giant Shopify (SHOP.N) fell 9.9%, marking the first time since 2022 that the company’s revenue failed to meet forecasts.

Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, stated that the U.S. response to Iran's rights and demands lacks credibility. He emphasized that the U.S. must comprehensively and clearly respond to the seven conditions proposed by Iran and take concrete actions, noting that only if this requirement is met will the Strait of Hormuz be reopened.

According to market sources, Binance stated that hackers used fake job interviews to target employees' devices and steal cryptocurrency.

Meta Platforms is issuing dollar-denominated bonds for the first time in six months as part of its financing plan, with the tech giant targeting to raise at least $20 billion in debt across U.S. and European markets. Amid investor skepticism over its artificial intelligence (AI) infrastructure spending, Meta is tapping debt to fund related investments. According to a person familiar with the matter, the bond offering is split into five tranches, with maturities ranging from 5 to 30 years. The source added that preliminary pricing guidance for the longest-dated bonds is around 2.5 percentage points above U.S. Treasury yields. Meta’s last entry into the high-grade bond market came in April this year, when it raised $25 billion via a bond sale, with investor demand peaking at $96 billion. However, market enthusiasm for AI-linked bonds has cooled since then, with investors demanding larger yield premiums from issuers to compensate for the risks they bear. The bond offering is underwritten by Citigroup and Morgan Stanley.