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BoA Survey: 'Long FAAMG+T' Trade Becomes Most Crowded in November

2 hours ago

On November 18th, in Bank of America's November Global Fund Manager Survey, 54% of the respondents considered that purchasing the "Seven Tech Superpowers" - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla - was the most overcrowded trade at that moment. The bank indicated that "longing for the Seven Tech Superpowers" in November took the place of "longing for gold" as the most crowded trade. (FX678)
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SOL Surges Above $140

On November 18th, according to HTX market data, SOL has shown a rebound and exceeded $140, with a 24-hour increase of 2.33%.

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Ethereum Surges Above $3,100

On November 18th, according to HTX market data, Ethereum rebounded and exceeded $3100. The 24-hour decrease was narrowed to 0.21%.

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Microsoft, NVIDIA, and Anthropic have formed a partnership, with Microsoft set to invest up to $5 billion in Anthropic.

On November 18th, Microsoft, NVIDIA, and Anthropic announced a new partnership. Anthropic has committed to invest $30 billion to acquire Azure computing power. Microsoft has promised to invest up to $5 billion in Anthropic. NVIDIA stated that Microsoft and Anthropic are also expanding their existing partnership to offer enterprises broader access to Claude. Customers of Microsoft's Azure AI Foundry will be able to access Anthropic's Frontier Claude model. (Jinse)

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<p>Mt.Gox trustee transferred 185 BTC to Kraken, worth around $16.8 million.</p>

On November 18th, as per Arkham's monitoring, following a test transaction, the Mt.Gox address in Mentougou promptly transferred 185 bitcoins (approximately $16.8 million) to Kraken. Meanwhile, an additional $936 million worth of bitcoins was transferred to another wallet of Mt.Gox. The last significant transfer on Mt.Gox took place 8 months ago when $77.4 million worth of bitcoins were deposited into Kraken for distribution to creditors.

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The US stock market continues its decline, with the Nasdaq index falling by 1.00%.

On November 18th, the US stock market continued to decline. The Nasdaq index dropped by 1.00%.

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Cloudflare: Incident Resolved

On November 18th, Cloudflare (NET.N) issued an update indicating that the problem had been fixed and the incident was considered to have been resolved. Previously, on its website, Cloudflare stated that the company was investigating an issue that "might be affecting multiple customers." This page showed that Cloudflare's customer support portal had also encountered problems, and the company had planned maintenance in some regions earlier that day. At one time, even Cloudflare's own status website was not accessible. Tens of thousands of companies worldwide utilize Cloudflare's security software, and Cloudflare's system has experienced multiple outages in the past.

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