Calamos CEO Reiterates Bitcoin’s $1 Million Price Target, Projects It Will Become a Standard Allocation in Global Investment Portfolios

According to TradingBeats monitoring, an account starting with address 0x9546 opened a new long position in PLTR via TWAP at noon, with a trading volume of approximately $938,200 and an average entry price of $187.64. The position currently has an unrealized loss of around $5,566 and uses 10x isolated leverage. Meanwhile, open interest in PLTR contracts rose significantly in the afternoon. Over the past four hours, the notional open interest (OI) of PLTR under Trade.xyz has increased from roughly $5.99 million to $6.9 million, a rise of about $910,000 or 15.2%, driven mainly by the aforementioned account, whose long position notional value accounts for approximately 13.5% of the total contract OI. Palantir will release its third-quarter financial results after market close on November 2 (Eastern Time), with its earnings call scheduled for 06:00 Beijing Time on November 3.

According to reports from Korean tech media TheElec, Samsung Electronics plans to fully exit its 8-inch wafer foundry business by 2030, shifting its strategic focus entirely to higher-margin 12-inch advanced process technologies. The report notes that Samsung will gradually scale down its 8-inch production lines. Specifically, the S7 plant at its Giheung Campus is scheduled to be shut down first in the second half of 2026, with a monthly production capacity of around 50,000 wafers. After the S7 plant closes, Samsung’s total monthly 8-inch wafer production capacity will drop from 250,000 to below 200,000. The remaining S6 and S8 plants currently operate at a capacity utilization rate of approximately 70%. Han Jin-man, head of Samsung’s foundry business, previously stated that the 8-inch foundry market has become "increasingly crowded and price-driven," adding that the company plans to gradually reduce its business in this segment.

Apple’s integration of Qianwen into China: Apple Intelligence’s launch timeline further clarified. Apple announced on October 31 that Chinese users will be able to access Qianwen in select features including Siri, writing tools, and visual intelligence. The related functions will open for developer testing on November 4, with a planned full launch in December alongside iOS 27.3. Separately, Citigroup stated today that the partnership is expected to expand Qianwen’s user reach and drive incremental cloud inference demand, maintaining Alibaba’s "Buy" rating. According to TradingBeats data, as of press time, BABA contracts on Hyperliquid rose approximately 2.54% over the past 24 hours, trading at $101.26 with a volume of around $2.4387 million; over the same period, AAPL fell roughly 0.34% to $343.79. Over the same period, wallet address 0xe1d3 took profit on its BABA long position over the past two hours, with a position size of approximately $481,500, an average closing price of $101.64, and a realized trading profit of around $8,536.

Beating AI Express, a news service from Dongcha, reports that Alibaba Cloud has launched Qovest, an AI-powered investment research workstation tailored for professional investors. Users only need to submit research requests, and the tool can automatically query financial data, gather financial reports, break down industrial chains, calculate investment scales, and produce final research reports. For example, when researching the humanoid robot industrial chain, it can break down the unit value and localization level of each segment, generating an interactive industrial chain map. When researching data center power facilities, modifying just one underlying assumption will automatically update the relevant calculations. Qovest also features an "Investment Research Space" where users can save historical research outputs, trading notes, and pending verification questions, eliminating the need to start research from scratch each time. It supports scheduled market tracking: users can set weekly research tasks for gold ETFs, enabling the AI to regularly update data including international gold prices, U.S. dollar indices, ETF holdings, and central bank gold purchases, then generate dynamic analysis dashboards. To enhance the accuracy of financial research, Alibaba Cloud has procured professional financial databases and developed its proprietary financial Agent execution framework, integrating the processes of data access, analysis, and report generation. The company stated that in internal cross-evaluations using two financial benchmarks, FinFIRST and iRaB, Qovest outperformed peers in response quality, speed, and cost, though specific results and test configurations have not been made public. Currently, Qovest is open for invitation-only testing to individual users; registration grants points for free trials, with future subscription plans priced at 99 yuan and 199 yuan per month. An enterprise version for financial institutions is also scheduled to launch soon.

According to on-chain data analyst Yu Jin's monitoring, a whale address spent a total of $65.616 million to purchase 28,603.8 ETH today, at an average price of $2,294.

Binance announced via social media that it has added support for five new fiat withdrawal services, including the U.S. dollar (USD), United Arab Emirates dirham (AED), Vietnamese ??ng (VND), Philippine peso (PHP), and Indonesian rupiah (IDR). Currently supported fiat withdrawal currencies also include: Japanese yen (JPY), Venezuelan bolívar (VES), Brazilian real (BRL), Mexican peso (MXN), Argentine peso (ARS), Bahraini dinar (BHD), Kazakhstani tenge (KZT), euro (EUR), Swiss franc (CHF), Czech koruna (CZK), Hungarian forint (HUF), Kuwaiti dinar (KWD), Polish z?oty (PLN), Romanian leu (RON), Swedish krona (SEK), Congolese franc (CDF), Kenyan shilling (KES), Sierra Leonean leone (SLE), Ugandan shilling (UGX), Central African CFA franc (XAF), West African CFA franc (XOF), Zambian kwacha (ZMW), and Kyrgyzstani som (KGS).