On November 3, Meta plans to raise approximately $15 billion through a dollar bond issuance, which is part of its cross-border bond financing. Previous reports indicated that Meta aims to raise at least $20 billion through the issuance of dollar and euro bonds, with the financing scale potentially expanding further based on investor demand.

On November 3, the 25th session of the Standing Committee of the 14th National People's Congress held its second plenary meeting at the Great Hall of the People in Beijing. The meeting listened to a report on financial work delivered by Pan Gongsheng, Governor of the People's Bank of China, on behalf of the State Council. The report outlined the main progress and achievements in financial work since October 2025, the current economic and financial situation, and the challenges faced. It proposed considerations for future work: to continue implementing a moderately accommodative monetary policy to create a suitable monetary and financial environment for the sustained and improved development of the economy; to further strengthen and improve financial regulation, continuously enhancing the quality and effectiveness of supervision; to effectively implement monetary policy tools that support the capital market, consolidating and improving mechanisms for stabilizing the capital market. The goal is to maintain the stable operation of financial markets, including stocks, bonds, and foreign exchange, and to uphold the baseline against systemic financial risks. (Xinhua News Agency)

On November 3, Michael S. Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced that equity perpetual futures (Equity Perps) can now be listed and traded on securities exchanges that have obtained CFTC-designated contract market status and completed notification registration with the SEC. Selig stated that this move is a significant advancement, allowing U.S. market participants to use perpetual futures for risk management and price discovery within a regulated framework, thereby preventing capital from flowing to unregulated platforms overseas. The implementation of this product is based on the Commodity Futures Modernization Act of 2000 and a regulatory memorandum of understanding between the CFTC and SEC. For a long time, innovative products like securities futures and equity perpetual futures have been stuck in a regulatory gray area due to unclear jurisdiction between the two agencies. Now, both parties have reached coordination, clearing the compliance path.

Market data shows that ETH has surpassed $2300, currently priced at $2300.25, with a 24-hour increase of 0.92%. The market is highly volatile, so please ensure proper risk management.

AI giant Anthropic submitted its S-1 filing last week and is expected to complete a record IPO this month, stirring Wall Street sentiment. On Monday, the company updated its prospectus, revealing impressive growth data, but also highlighting significant expenditure risks. Over the past year, Anthropic has signed numerous computing power procurement contracts to secure resources for training and operating large AI models, betting that soaring demand can cover substantial investments. The updated S-1 shows that Anthropic's revenue for the third quarter reached $17 billion, a twelvefold year-on-year increase and a 47% rise from the second quarter; however, it reported a net loss of $23 billion, with the growth rate slowing from 144% in the previous quarter. By 2045, Anthropic's total commitments for data centers, chips, and computing power procurement could reach $895.4 billion, with nearly $70 billion in contract payments due within the next 12 months. Two insiders revealed that by the end of this year, the company's usable computing power will reach 3.5 gigawatts, enough to supply all households in Chicago; the target is to double this capacity next year. Anthropic is even deeply involved in data center design, hiring infrastructure and supply chain experts, and procuring hardware such as cooling systems from contractors. Its primary competitor, OpenAI, is also making massive investments in computing power, with insiders indicating that OpenAI expects total computing power investments to reach about $750 billion by 2030.

Spot gold has fallen below $3900 per ounce, declining by 1.19% during the day.

On November 3, Nasdaq announced that since its establishment in 1971, the regular trading hours for U.S. stocks have long been maintained from 9:30 AM to 4:00 PM Eastern Time. Although pre-market and after-hours trading have been available for many years, the core trading framework has remained unchanged for over forty years. This December, this pattern will undergo a significant change—Nasdaq will officially launch a '23/5' trading system on December 6, with only a 1-hour market closure each day, allowing for continuous trading for the remaining 23 hours.

Market data shows that BTC has surpassed $77,000, currently priced at $77,001.78, with a 24-hour decline of 1.94%. The market is experiencing significant volatility, so please ensure proper risk management.

On November 2, according to the SEC's Office of Corporate Finance website, the department updated the frequently asked questions regarding the applicability of federal securities laws to crypto assets, adding three new Q&As: Participants in a broad governance system who are not related, have no contractual arrangements or tacit agreements (including through delegation) to act in concert are generally not considered a 'central party'; 'Central party oversight participation' refers to the unilateral authority to control access, change voting procedures, modify rule code, or revoke transactions at the protocol layer, validator layer, or user layer, while significant operations are entirely executed automatically by rule code or discretion is exercised only by the broad governance system; 'Functional' and 'decentralization' are different concepts. This FAQ reflects staff opinions and does not have the force of rules or regulations, and is related to the interpretive release on March 17 and the proposed 'Crypto Asset Regulation' on August 18.

On November 3, Reuters reported that North Korean state media, KCNA, stated that claims regarding North Korea being behind the theft of approximately $630 million from Binance are 'fabrications.' Previously, the FBI attributed the attack to North Korea, and blockchain analysis firms such as Chainalysis and TRM Labs also linked it to the North Korean-affiliated hacker group TraderTraitor.