Spot gold rose 1.38% on the day, while silver gained 3.84%.

Tom Lee said in an interview with CNBC: "I believe we have already hit the bottom. Many hedge fund managers tell me the famous adage: 'Catching a falling knife is dangerous, because you never know how much more it will drop.' But I think we have indeed hit the bottom, for two reasons. First, the AI market remains very tight—it is not a market with overcapacity. We see constraints such as political resistance that have prevented more capital expenditure, which has indeed slowed growth, but has not formed a peak. The second signal, in my view, is crypto thefts. The $6.3 billion loss from the Binance hack barely caused a drop in crypto prices. If crypto were a leading indicator of risk appetite, you would have seen investors being washed out to some extent, but this incident barely hurt crypto prices."

Citrini analyst Jukan commented on the Marvell-Lumentum acquisition on social media, stating the only reason Lumentum’s management agreed to the deal is their lack of confidence in the current AI development cycle, as they expect the market to crash within two to three years. Data from the BIT stock platform shows Marvell (MRVL) once dropped 6.52% at opening, while Lumentum (LITE) fell as much as 11.38%.

According to data from the BIT Stock Platform, US stocks opened with the Dow Jones Industrial Average up 0.68%, the S&P 500 gaining 0.48%, and the Nasdaq Composite advancing 0.68%. Some storage-related concept stocks strengthened: SK Hynix (SKHY.O) rose 2.4%, Micron Technology (MU.O) added 0.3%; Oracle, which plans to issue $10 billion in bonds, dropped 4.1% in early trading; Marvell Technology (MRVL.O) will acquire Lumentum (LITE.O), with their respective share prices down 3.4% and 6.2%.

According to data from the BIT Stock Platform, U.S. stocks opened with all three major indexes higher: the Dow Jones Industrial Average rose roughly 0.77%, the S&P 500 gained about 0.50%, and the Nasdaq Composite increased approximately 0.65%. The CBOE Volatility Index (VIX) fell around 2.4% to approximately 18.95. SpaceX (SPCX) climbed roughly 1.4%. The optical communication sector saw mixed performance: LITE dropped over 9%, CRDO fell about 2.4%, CIEN declined around 2%, AAOI rose approximately 1.3%, and COHR traded nearly flat. For Neocloud stocks: CIFR fell nearly 4.8%, NBIS dropped over 3%, ALAB declined nearly 3%, ASTS fell around 2%, IREN decreased roughly 1%, and CRWV edged lower. The semiconductor sector had mixed results: MRVL slid over 5%, INTC fell nearly 2.8%, ARM dropped about 1.6%; NVDA gained roughly 1.4%, TSM rose approximately 1.3%, ASML notched a small gain, and AMD traded nearly flat. In the storage sector: SKHY rose nearly 2.8%, STX fell about 2.1%, and WDC and SNDK edged lower. Crypto-linked stocks: MSTR climbed nearly 2.7%, BMNR gained about 1.9%, HOOD rose roughly 1.2%; COIN dropped approximately 1.6%, and MARA edged lower.

Anthropic reported a third-quarter net loss of $23.3 billion, compared with a $12.1 billion net loss in the same period last year. Its adjusted operating revenue for the three months ended September 30, 2026 rose to $2.5 billion.

According to SEC filing summaries, Anthropic reported third-quarter 2026 revenue of $17 billion, a 1,127% year-over-year increase. The company also posted an operating loss of $567 million, with adjusted operating income of $2.5 billion and an adjusted operating margin of 15%. Anthropic further disclosed that as of September 30 and subsequent periods, its total purchase and lease commitments amount to approximately $895.4 billion.