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2026/11/06
S&P 500 Loses $2 Trillion in 40 Minutes After Democratic Election Win
Key insightsS&P 500 crash erased $2 trillion in market value within 40 minutes.Wall Street’s selloff wiped out the post-midterm election rally.Nvidia, Tesla, and AMD faced selling pressure as technology stocks declined.The S&P 500 crash accelerated on Nov. 5 as U.S. stocks reversed their pos...
Cloudflare Q3 revenue exceeds $782 million; GAAP profitability expected in Q4 2026
According to Zhitong Finance APP, after the market closed on November 5 Eastern Time, Cloudflare (NET.US) announced its third-quarter fiscal 2026 results and held an earnings call. CEO Matthew Prince called this quarter the company's "best quarter in history"—with revenue growth reaching its fastest
Trump Blames Democrats for Market Crash as Asian Stocks Plunge
After U.S. tech stocks suffered a sharp decline, Trump blamed the market crash on the Democratic victory. Concerns over stricter AI regulation spread across Asia, triggering an 8% drop in South Korean stocks and a circuit breaker halt; the Nikkei 225 has retreated approximately 20% from its June hig
MarsBit Reports Key A-Share Pre-Market News for November 6
Huoxing Finance News, November 6: Pre-market highlights for A-shares:
1. He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, conducted research in Beijing from November 4 to 5. He emphasized strengthening the deep integration of scientific
Core Scientific to Exit Bitcoin Mining by Year-End
According to CoinPost, Core Scientific, a U.S. data center operator, stated during its Q3 earnings call on November 5 that it will complete its exit from Bitcoin mining by the end of the year. Chief Financial Officer Jim Nygaard said that by 2027, the company will focus exclusively on data center eq
DAI.e on Avalanche has depegged, price surges to $1.10
ChainThink reports that on November 6, according to Blockaid monitoring, DAI.e issued by the Avalanche Bridge became de-pegged on Avalanche, with its price temporarily rising to approximately $1.10 in active Avalanche DEX pools.This price deviates by approximately 10% from the $1 peg.
Anthropic Launches Personal Finance Beta for Claude, Crypto Investor Pompliano Accuses of Copying Silvia
Anthropic just put Claude into your wallet — and a crypto investor is calling foul.What happened- Anthropic on Thursday rolled out a Personal Finance beta for Claude, its AI assistant, letting U.S. subscribers on the Pro, Max, and Ultra plans link bank and credit-card accounts via Plaid. Once connec
DOJ Launches Super Intelligence Task Force to Counter AI-Driven Crypto Risks
The U.S. Department of Justice has launched a new Super Intelligence Task Force to counter the illicit use of artificial intelligence that could threaten American interests — a move that carries implications for the crypto sector as AI tools become more widely used in trading, fraud and market manip
Core Scientific to Exit Bitcoin Mining by Year-End, Shifts to AI Hosting
Core Scientific says it is on track to fully wind down its Bitcoin mining operations by the end of 2026, marking another step in a multi-year pivot toward artificial intelligence and high-performance computing. The company’s leadership framed the shift as a move to become a “pure-play” high-density
Equity Rout Sends Bitcoin Below $76K as $428M in Crypto Longs Liquidated
Less than a day after President Trump celebrated “record highs” on Wall Street, U.S. markets delivered a reminder of how quickly the mood can turn.What happened- The S&P 500 plunged as much as 3.8% on Thursday, wiping out Wednesday’s post‑election rally and putting market circuit breakers back i...
U.S. tech stocks plunge as Nasdaq enters correction, seven major companies lose over $1 trillion
Article by: Tide ResearchThe Nasdaq plunged 5.52%, entering a technical correction; the S&P 500 and Dow Jones fell 4.36% and 3.44% respectively, erasing all gains since Wednesday’s election.The combined market value of the "Magnificent Seven" U.S. stocks has declined by over $1 trillion, with NVIDIA
Hedge Funds Face Liquidation Amid Market Plunge
Odaily Planet Daily report: U.S. stocks suffered a violent plunge yesterday, with the Nasdaq 100 Index recording its largest single-day drop since the 2020 pandemic, and the S&P 500 Index losing $3 trillion in market value today.Several analysts have stated that one reason for the accelerated market
Hyperliquid Strategies Reports $62.06M Q3 Net Profit, Files FCM Application
Mars Finance reports that on November 6, Hyperliquid Strategies (NASDAQ: PURR), the publicly traded treasury firm with the largest HYPE holding, released its quarterly financial results for the period ended September 30, 2026. The company reported a net profit of $620.6 million, primarily driven by
Hedge Funds Suffer Massive Losses Amid Market Crash
ChainThink reports that on November 6, U.S. stocks plunged sharply, with the Nasdaq 100 posting its largest single-day decline since March 2020, and the S&P 500 losing $3 trillion in market value.Several analysts have stated that a collective liquidation by hedge funds may be one of the reasons for
Ansem Highlights ZEC's Resilience Amid Market Downturn, Privacy Narrative Gains Attention
ME News reports that on November 6 (UTC+8), trader Ansem posted on X that Zcash (ZEC) has been one of the stronger-performing assets in the crypto market recently; should the market experience a deeper correction, attention will be focused on whether ZEC can maintain its resilience.Ansem believes th
