Kimi’s 17-year-old researcher Chen Guangyu has departed. Four days prior, a Silicon Valley VC disclosed that a teen of the same age secured five million-dollar offers.

According to Bitget market data, Hong Kong stocks closed with the Hang Seng Index down 1.03% and the Hang Seng Tech Index down 2.72%. Newly listed firm Transsion Holdings (02636.HK) dropped over 5%, Zhipu fell 11.01%, MINIMAX-W declined 12.29%, Daysun Semiconductor fell 13.58%, and Lenovo Group dropped 15.20%.

According to CNBC, tensions between Iran and the U.S. over control of the Strait of Hormuz continue to escalate. Ali Ozmaei, head of Iran's Islamic Revolutionary Guard Corps (IRGC), said Iran is waiting for an opportunity to attack U.S. warships, and threatened that if the U.S. believes the strait is open, it can approach further. U.S. Central Command (CENTCOM) responded that U.S. military forces and regional partners remain firmly in control of the key waterway. Shipping security risks have risen in tandem. A Singapore-flagged container ship, the GFS Pride, sank after being attacked in the Strait of Hormuz; all crew members were evacuated with no injuries. Another Singapore-flagged vessel, the GFS Giselle, was also attacked, sustained hull damage, and later reached a safe anchorage. Singapore's Maritime and Port Authority (MPA) condemned the attacks as unprovoked, unjustified, and in violation of international law. On the macro front, U.S. September CPI rose 3.7% year-over-year, above the market consensus estimate of 3.6%; core CPI rose 2.6% year-over-year, also exceeding expectations. Energy prices rose 5.2% month-over-month, continuing to fuel inflationary pressures. Affected by the inflation data, the S&P 500 fell 1.11%, the Nasdaq Composite dropped 1.88%, and South Korea's Kospi index plunged 7.26%. Analysts note that Trump's temporary relaxation of restrictions on Russian diesel exports may have limited impact on easing energy inflation. Separately, Elon Musk said the military-grade Starshield system is owned and controlled by the U.S. government, with usage limits for Ukraine determined by the U.S. military and ultimately approved by the U.S. president. Meanwhile, TSMC's third-quarter net profit rose 68.7% year-over-year, marking a sixth consecutive quarter of record results, reflecting sustained strong demand for AI chips.

According to market data from BIT (Bit.com), US pre-market semiconductor stocks were broadly lower, with NVIDIA (NVDA.O) down 1.9%, AMD (AMD.O) down 3.7%, Intel (INTC.O) down 3.6%, Marvell Technology (MRVL.O) down 3.7%, Applied Materials (AMAT.O) down 3%, and Broadcom (AVGO.O) down 1.7%.

According to market data from BIT (Bit.com), pre-market trading in US stocks saw a broad decline among memory chip stocks. SK Hynix fell approximately 6%, Western Digital dropped around 4%, SanDisk decreased by about 5%, Micron Technology declined roughly 4%, and Seagate Technology fell approximately 4%. TSMC was down around 2% following the release of its third-quarter financial results earlier.

According to BIT (Bit.com) market data, pre-market US stock futures show the following performance: S&P 500 Mini futures fell 0.3%, Nasdaq 100 futures dropped 1.1%, and Dow Jones futures rose 0.3%. The "Seven Sisters" concept stocks and optical communication sectors saw broad declines, while the biotech sector rallied overall. Specific stock moves: Nvidia down 1.54%, Apple up 0.76%, Microsoft down 0.46%, Google down 1.58%, Amazon down 1.47%, Meta down 1.47%, Tesla down 1.40%. For the optical communication segment: Lumentum down 3.50%, Corning down 3.28%, Coherent down 3.34%, Applied Optoelectronics down 3.15%, Ciena down 3.14%, Broadcom down 1.77%, Marvell Technology down 2.80%. In the biotech sector: Eli Lilly up 1.25%, Johnson & Johnson up 1.76%, Moderna down 1.67%, Novo Nordisk up 1.20%, AbbVie up 1.00%, Merck up 1.23%.

Dongcha Beating AI News: Google has begun sending notifications to Google AI Plus subscribers, confirming that starting November 13, AI Plus users will no longer be able to manually select Pro-series models in the Gemini app and Google Search’s AI mode, with only Flash and Flash-Lite available for selection. Chat history from prior Pro model usage will not be deleted, though users must switch models to continue their conversations. This adjustment was announced as early as early October. On October 3, Google updated its help documentation, specifying that free users would lose the ability to manually select Flash and Pro models starting October 9, while AI Plus would also remove Pro model selection access—no specific effective date was shared at that time. In the U.S. market, Google AI Plus is priced at $4.99 per month. To retain manual Pro model selection, users must upgrade to AI Pro, which costs $19.99 monthly—four times the original subscription fee. Google’s newly launched flagship model, Gemini 4 Argon, is exclusively available to AI Pro and Ultra subscribers.