On October 27, the U.S. stock market opened with all three major indices rising. The Nasdaq increased by 0.45%, the S&P 500 rose by 0.3%, and the Dow Jones gained 0.04%. SK Hynix saw a rise of over 2% following the release of its Q3 earnings report, which is expected to announce an additional shareholder return plan of 50 trillion to 60 trillion Korean won. Broadcom rose nearly 3% as Anthropic finalized a $63 billion financing deal to purchase Broadcom chips. HSBC Holdings fell over 6%, with Q3 pre-tax profit increasing by 32% year-on-year to $9.6 billion, which was below expectations.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
U.S. Stock Market Opens Higher, SK Hynix Rises Over 2%
-
Wechat scan to share
Recommended for you
-
WTI Crude Oil Drops 1.5% to $100.19 per Barrel
International oil prices hit a daily low, with Brent crude futures (December contract) trading around $114. WTI crude oil experienced a daily decline of 1.5%, settling at $100.19 per barrel. -
Meta Falls 1.4%, Plans to Raise $95 Billion for AI Investment
On October 27, Meta (META.US) fell 1.4%, closing at $621.47. In news, Meta has initiated a public offering to raise approximately $35 billion and plans to raise up to $60 billion through a market offering of a new class of non-voting C shares. Meta stated that these plans will support its ongoing investments in AI infrastructure and personal superintelligence. -
General Compute Completes $100 Million Series A Funding, Valued at $800 Million
On October 27, AI computing cloud service provider General Compute announced the completion of a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures, with a post-funding valuation of $800 million, up from a valuation of $60 million after its seed round in May. The company was co-founded by Finn Puklowski, who serves as CEO, and focuses on building cloud services using specialized inference chips that compete with Nvidia. Chip suppliers include SambaNova (which previously secured a $400 million procurement agreement), Positron, and Cerebras. The company has signed a major client with an annual recurring revenue of $100 million. Its strategy involves not building large data centers but instead utilizing smaller power sources, renting space in other companies' data centers, and repurposing former Bitcoin mining sites for AI model operations. Puklowski expects to deploy 75 megawatts of computing power by 2027 and to secure 200 megawatts of electricity. -
US Bitcoin Spot ETF Sees $203 Million Net Outflow in October, Cumulative Net Inflow Reaches $57.4 Billion
As of October 26, the US Bitcoin spot ETF experienced a net outflow of approximately $203 million, bringing the cumulative net inflow to $57.4 billion. -
Morgan Stanley: Gold's Hedging Role Needs Reassessment, Still Prefers Metal Assets
On October 27, the price of gold has fallen from $5,600 per ounce at the beginning of this year to recently dropping below $4,000 per ounce. Despite the weak short-term trend, Morgan Stanley stated that it will maintain gold as the preferred metal asset and set a target price of $5,000 per ounce for the second quarter of 2027. -
Intel to Acquire Quantum Startup Classiq for Approximately $2.3 Billion
According to market news: Intel (INTC.O) will acquire quantum startup Classiq for approximately $2.3 billion. -
Putin: We Are Exploring Cooperation Possibilities with American Partners
On October 27, Russian President Putin stated: We are exploring the possibility of cooperation with American partners. (Jin Shi) -
Galaxy Reports Q3 Net Profit of $323 Million, Turning from Loss to Profit
On October 27, Galaxy Digital (Nasdaq: GLXY) submitted an 8-K to the U.S. Securities and Exchange Commission and released its Q3 2026 performance: for the quarter ending September 30, the net profit was $323 million, with a diluted earnings per share of $0.66 and an adjusted earnings per share of $0.83, compared to a net loss of $85 million in the second quarter; adjusted gross profit was $569 million, and adjusted EBITDA was $455 million (compared to a negative $77 million in the second quarter). Total assets at the end of the period were $16.4 billion, a 51% increase quarter-over-quarter; total equity was $3 billion, a 10% increase; cash, stablecoins, and U.S. Treasury bills totaled $4.9 billion, a 99% increase; net digital assets and investments reached $1.7 billion, a 48% increase. Year-to-date, the company has repurchased 9.8 million shares, and the board has approved an additional $200 million repurchase authorization. The company stated that the total power pipeline for its data centers has exceeded 5.7 GW and completed the issuance of $3.5 billion in senior secured notes for the construction of Helios I Phase II. -
U.S. Treasury Bonds Rise Collectively
On October 27, following a speech by Iran's leader, U.S. Treasury bonds rose collectively, and bond yields fell across the board. In the news, Iran's Supreme Leader called for conditions to be proposed that would satisfy the end of the war. -
BTC Surpasses $80,000
Market data shows that BTC has surpassed $80,000, currently priced at $80,008.97, with a 24-hour decline of 0.54%. The market is highly volatile, so please ensure proper risk management.
Daily Must-Read
-
KeyFlow: As AI Agents Enter Large-Scale Collaboration, Value Flow Is Becoming a New Foundation of the Intelligent Economy
-
OpenAI Just Gave Agents Their Own Computers: AI Is Finally Starting to “Go to Work” — and UniKey’s Next Step Is Bigger Than Agent Factory
-
Breaking the Monopoly of Market Makers: DMDAI’s Autonomous AI Hash Power Network and Distributed Computing Infrastructure Open the Door to Community-Driven Market Making
-
Rebuilding On-Chain Liquidity Sovereignty: How the COMM Protocol Tackles LVR Losses and Captures Cash Flow for the Community
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
All Comments