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2026/11/04
Riot Platforms Stock Rises 14.48% on Better-Than-Expected Q3 Earnings and Revenue
Benzinga Pro data showed Riot Platforms shares gaining 14.48% to $16.05 at publication on Wednesday after third-quarter earnings and revenue exceeded analyst forecasts. Riot reported earnings of 1 cent per share, compared with analysts' expectation of a 27-cent loss. Earnings in the comparable quart
Intel Stock Drops 29% After Q3 Earnings Miss Expectations
Intel has lost roughly $434 billion in estimated market value over four months. The decline has reversed more than half of the stock's 2026 rally. Intel reached a record intraday price of $142.35 on June 30, valuing the company at approximately $756 billion. Benzinga Pro data put Tuesday's closing p
Stanley Black & Decker Stock Surges 12.21% on Strong Q3 Earnings and Raised Forecasts
Stanley Black & Decker shares climbed 12.21% to $117.39 on Wednesday following better-than-expected third-quarter earnings, revenue broadly matching expectations and higher full-year forecasts. Adjusted earnings were $2.31 per share, including a 67-cent net tariff refund benefit, exceeding Wall ...
AI Stocks Lose 43% Valuation Premium Despite Record Semiconductor Revenue
Key takeawaysSemiconductor valuation multiples contract approximately 43% from JuneAMD, Arista and Astera report record quarterly revenueInvestors question AI financing despite continued chip demandArtificial intelligence stocks are experiencing a sharp valuation reset even as major semiconductor an
Riot Platforms Shares Rise 14.48% After Q3 Earnings and Revenue Beat Forecasts
Benzinga Pro data showed Riot Platforms shares gaining 14.48% to $16.05 at publication on Wednesday after third-quarter earnings and revenue exceeded analyst forecasts. Riot reported earnings of 1 cent per share, compared with analysts' expectation of a 27-cent loss. Earnings in the comparable quart
US Stock Market Rises After Democrats Win Midterm Elections
Wall Street is celebrating a major political defeat for President Donald Trump. US stocks rallied Wednesday after Democrats won control of both the House and Senate in the November 3 midterm elections.The S&P 500 climbed 1.2% in early trading, while the Nasdaq gained 1.1%. The Dow surged more th...
Philadelphia Semiconductor Index Drops 3% as Major Tech Stocks Fall
Huo Xing Finance reports that, on November 4, data from the BIT stock platform shows the Philadelphia Semiconductor Index fell by 3%. NVIDIA dropped 1.62%, Broadcom fell 1.67%, Micron declined 4.91%, Intel slid 4.29%, AMD rose 0.32%, Qualcomm gained 2.29%, TSMC decreased 1.15%, and ASML fell 3.23%.
21 Major Banks Plan to Launch Shared Digital Dollar in 2027
Key takeawaysMajor financial institutions plan a shared digital dollarBanks want greater control over stablecoin economicsTokenized assets need reliable digital cash for settlementGoldman Sachs, Bank of America, Citi and 18 other financial institutions are preparing to challenge the dominance of exi
Sequoia Capital Restructures: Closes London Office, Discontinues Arc Accelerator
ChainCatcher report: Sequoia has published a lengthy post on X titled "The Sequoia of Tomorrow," outlining a series of adjustments made since completing the generational transition a year ago.Sequoia stated that it will focus on high-conviction, highly selective venture investments, simplify the str
Crypto market rises as BTC surpasses 4.3% gains, ETH hits 6.66% gains
Huoxing Finance reports that on November 4, according to market data, as Bitcoin briefly rebounded above $81,000, the broader crypto market experienced a broad-based recovery: BTC rose over 4.3%, ETH increased 6.66%, SOL climbed more than 4%, BNB rose over 2%, XRP gained over 3.7%, and ZEC surged ov
Blast Shuts Down Layer 2, Directs Users to Recovery Site
Blast said on Nov. 4 that it has shut down its Ethereum Layer 2, directing users with remaining funds to a recovery website for claims on Ethereum mainnet.In its shutdown notice, the team said remaining ETH or USD in Layer 2 wallets, pending withdrawals and Blast Mobile can be recovered through the
Apple Forecasts Lower Margins Amid Rising Memory Prices and AI Costs
Key takeawaysApple forecasts lower margins despite record iPhone salesMemory shortages push manufacturing commitments toward $90 billionAI infrastructure demand threatens consumer electronics profitabilityApple is warning that soaring memory-chip prices could squeeze iPhone profitability during the
Anthropic Uses Claude AI to Accelerate Custom Chip Design, Challenges Nvidia and AMD
Anthropic, a leading AI research company, is leveraging its proprietary AI model, Claude, to expedite the development of custom AI chips. This initiative aims to reduce reliance on existing hardware providers like Nvidia and AMD by streamlining the chip design process. Anthropic’s approach reportedl
Riot Signs $2.8B AI Leasing Agreement for Entire Corsicana Campus
ChainCatcher reports that Bitcoin mining company Riot Platforms has signed a $28 billion AI leasing agreement covering the entire Corsicana campus. To fund data center construction, Riot has sold a total of 20,264 bitcoins this year. The company’s third-quarter results show that mining operations st
Tether Gold (XAUT) physical gold reserves increase 59% to $3.44 billion
Tether Gold's gold reserves increased by 59% year-to-date, with the total reserve value of XAUT reaching a record $3.44 billion. According to GoldNews, on November 4, Tether disclosed that as of the end of Q3 2026, the physical gold reserves backing Tether Gold (XAU₮) rose to 827,418 troy ounces, ap
