MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

Tom Lee told CNBC in an interview: "If everyone starts using tokens, computing power will become scarce, prices will rise, and then we’ll have to discuss bottlenecks again. Of course, many states will welcome this investment. So I actually believe AI trading will remain very dynamic over time. I think the community does want capital inflows, but on their own terms. Turning now to cryptocurrencies: they are rising because Democrats are now pushing crypto legislation, which they opposed ahead of the midterm elections. Now they aim to actually pass crypto legislation."

According to Bitget market data, WTI crude oil futures for December delivery on the New York Mercantile Exchange closed down $7.97, or 8.29%, at $88.12 per barrel; London ICE Brent crude oil for January delivery fell $8.98, or 8.67%, to $94.62 per barrel, both hitting their lowest closing levels in over two months. Reports from CNBC, Xinhua News Agency and other sources noted that after the Democratic Party took control of Congress in the midterm elections, markets ramped up bets that the Trump administration would seek to end or de-escalate the Iran conflict. Vice President Vance later posted, "The reason we lost is this war," further strengthening expectations of de-escalation. During Asian morning trading, the WTI front-month contract fluctuated narrowly around $88.2.

According to Bitget market data, after surging intraday yesterday, A-share and Hong Kong-listed contract underlying assets collectively pulled back in after-hours trading (compared to yesterday's closing prices). Specifically: Changxin Technology fell 2%, the STAR 50 Index rose 2%, Ustar Technology dropped 0.67%, Minimax fell 1.92%, and Zhipu AI declined 1.24%.

According to data from the BIT Stock Platform, U.S. stocks closed on Wednesday: the Dow Jones Industrial Average rose 3.10%, the S&P 500 gained 1.65%, the Nasdaq Composite increased 0.97%, and the CBOE Volatility Index (VIX) fell 20.26% to 16.61. SpaceX (SPCX) dropped 3.81%. Optical communication stocks were broadly lower, with Ciena (CIEN) down 9.28%, Credo (CRDO) down 9.55%, Lumentum (LITE) down 7.85%, Applied Optoelectronics (AAOI) down 7.35%, and Coherent (COHR) down 5.98%. Neocloud-linked stocks weakened, including Cipher Digital (CIFR) down 19.95%, IREN down 11.24%, CoreWeave (CRWV) down 9.90%, Nebius (NBIS) down 6.67%, Astera Labs (ALAB) down 4.43%, and AST SpaceMobile (ASTS) down 4.12%. Storage stocks pulled back across the board: Seagate (STX) down 8.13%, SanDisk (SNDK) down 7.91%, Micron (MU) down 7.00%, Western Digital (WDC) down 6.77%, and SK Hynix U.S. ADR (SKHY) down 5.12%. Most semiconductor stocks edged lower: Marvell (MRVL) down 7.08%, ARM down 5.28%, Intel (INTC) down 3.77%, ASML down 3.60%, NVIDIA (NVDA) down 3.17%, TSMC (TSM) down 2.24%, Broadcom (AVGO) down 2.00%, AMD rose 1.01%, and Super Micro (SMCI) down 5.70%. Crypto-related stocks saw mixed performance: BitMine (BMNR) gained 5.85%, Strategy (MSTR) rose 5.09%, Coinbase (COIN) added 4.16%, Robinhood (HOOD) advanced 2.02%, while MARA fell 4.05%.

Meta Platforms (META.O) issued senior bonds totaling 9 billion euros on November 4, split into six tranches with maturities spanning 2031 to 2065 and coupon rates ranging from 4.30% to 6.40%. The bonds carry ratings of Aa3 (stable) from Moody’s and AA- (negative) from S&P, with Citigroup and Morgan Stanley acting as lead underwriters. (Jinshi)

According to an exclusive report from Fox News Digital, U.S. Vice President J.D. Vance is seeking to form a "New Right" alliance with voters disappointed with Donald Trump ahead of the 2028 election cycle. Following the Republican Party's crushing midterm election defeat, Vance published a lengthy post on X on Wednesday local time, distancing his stance from Trump on issues including foreign policy and U.S.-Israel relations. "The reason we lost is this war," Vance wrote in the post. "The president himself said the same thing last night." He cited four priorities outlined by a pollster: ending the war, focusing on cost of living and inflation, putting America first, and adjusting relations with Israel. A White House official said these four priorities serve as Vance's rallying cry for the "New Right", intended to send a signal to Republicans who back Trump but disagree with or feel betrayed by his related foreign policy positions: "Vance is one of us." The official stressed that this move is not a break from Trump. Fox cited sources saying a meeting was held at the White House on Wednesday morning to unify the administration's post-midterm election messaging. Trump told Fox on election night that the Iran war was "partly" responsible for the election loss. The White House did not immediately respond to a request for comment.