Nvidia founder and former CEO Jensen Huang's wealth declined by $7.5 billion to $137 billion on Thursday, dropping him to 13th place on the Forbes Real Time Billionaires list. His net worth has fallen approximately 5% following his departure from the GPU chipmaker. Meanwhile, Elon Musk tops the lis
According to its earnings call on November 12, Asus forecasted server revenue to surge 100% quarter-over-quarter and 280% year-over-year in the fourth quarter of 2026. The company reported third-quarter earnings per share of 29.1 New Taiwan Dollars, up 105% year-over-year. Full-year server revenue i
According to MoneyDJ citing Tokyo Stock Exchange data, Japanese retail investors executed net selling of 480.2 billion yen in Japanese stocks during the week of November 2-6, marking a three-month high and suggesting panic selling amid sharp market losses. The Nikkei 225 plunged 5,855 points (9.25%)
According to Yonhapinfomax, on November 13, Woori Finance Group will decide on CEO Jung Jin-wan's one-year reappointment without conducting a candidate shortlisting or compression process—a procedure that differs significantly from other major South Korean financial groups. Unlike KB Financial, Shi
On Thursday, the Depository Trust & Clearing Corporation (DTCC) announced plans to enable tokenization of eligible assets held at its depository arm on the Solana blockchain, with availability expected in the second half of 2027. The DTCC Tokenization Service, which went live on October 28, will all
According to Nebius Group's Q3 2026 earnings call, CEO Arkady Volozh stated that artificial intelligence demand is 'real and massive,' with customer contracts expanding and prices rising. Q3 contract pricing exceeded $25 million per megawatt, up from the $20-25 million range in Q2.
According to White House announcement reported by CoinDesk, President Trump on November 13 nominated Kristin Johnson and Steven Levine as SEC commissioners, and Nathan Anonick and Matthew Rowland as CFTC commissioners. Johnson and Levine are former CFTC officials. The nominations require Senate conf
According to Digital Asset, BARD (Lombard) surged 48.21% to 166 KRW on Bithumb as of Nov 13, with 23-hour trading volume reaching 5.46 billion KRW. On the same date, MAGMA (Magma Finance) rose 23.71% to 454 KRW on Bithumb, with trading volume of 9.39 billion KRW. BARD also gained 46.9% on Upbit and
According to Cointelegraph, Maple Finance co-founder Joe Flanagan and Chief Operating Officer Ryan O'Shea are departing the on-chain asset management company due to strategic differences. O'Shea will step down on November 27, while Flanagan will assist with the transition through the end of 2026 aft
According to BIT stock platform data, NVDA's forward price-to-earnings ratio fell to approximately 12x on November 13, marking the lowest level since 2012. The stock has declined over 30% from its October 6 record high, with shares falling more than 4% on Thursday and declining around 11% this week.
According to CNBC, on November 12, Cisco Systems reported fiscal Q1 2027 (August–October 2026) revenue of $18.5 billion, surpassing Wall Street expectations of $18.1 billion compiled by LSEG and rising 24% year-over-year from $14.88 billion. Adjusted earnings per share reached $1.40, beating consens
According to Yonhap Infomax, JYP Entertainment shares jumped 16.54% to 45,100 Korean won on November 13 after the company released better-than-expected third-quarter results. Q3 revenue climbed 15% year-over-year to 267.5 billion won, while operating profit rose 17.6% to 48 billion won, driven by re
According to reports, Cerebras reported Q3 revenue that beat expectations, with cloud business revenue surging 272%. The company raised full-year guidance and shares climbed nearly 20% in after-hours trading.
According to Taiwan Securities Investor Protection Center disclosure, Cathay Consolidated Securities (a subsidiary of Cathay Financial Holdings) approved acquisition of up to TWD 35 billion in subordinated bonds issued by Cathay Life Insurance on Nov 12. The company will act as underwriter for the b
According to BlockBeats, the Federal Reserve on November 13 unveiled its revised 2027 Federal Open Market Committee (FOMC) meeting schedule with 8 meetings planned throughout the year. The scheduled dates are January 26-27, March 16-17, April 27-28, June 8-9, July 27-28, September 14-15, October 26-
According to Reuters citing two informed sources, White House senior officials are discussing whether to demand Commerce Secretary Lutnick's resignation on November 13. Lutnick has faced increasing criticism over his performance and regulatory disputes. A White House official stated that Trump still
According to Cerebras CFO Bob Komin, the company's fourth-quarter cloud revenue is expected to remain roughly flat compared to the third quarter, as the company works to expand its cloud service capacity. The company anticipates significantly larger increases in data center capacity throughout 2027.
Nvidia announced on Thursday (November 12) that founder and CEO Huang Ren-Shiou has resigned from his position as CEO and board member. The board has appointed CFO Colette Kress as interim CEO while launching a search for a permanent successor from both internal and external candidates. Harvey C. Jo
According to Bank of Korea's October export-import price indices released on November 13, export volumes surged 43.9% year-on-year, marking a record high increase. The growth was driven by semiconductors, memory chips, and AI infrastructure-related equipment including machinery and electrical compon
