US pre-market trading shows widening declines across semiconductor, storage, optical communication, and crypto-themed sectors; Sandisk, Western Digital, and Seagate all drop more than 5%.

Crypto derivatives trading tool platform SignalPlus announced that it was hit by an attack in the early hours of November 4, with the attack stemming from a compromised third-party Telegram account, affecting only a small number of accounts that had not enabled IP whitelisting. The team said it quickly detected and contained the intrusion; as a preventive step, it has collaborated with its centralized exchange partners to revoke all associated API keys and temporarily suspended its terminal services. The platform noted total losses were less than $82,000, and affected users will receive full compensation. Full service recovery is expected in the coming days, with subsequent updates and operational guidelines to be released via official channels. This evening, Binance issued a statement saying that in response to the potential security issue reported by third-party platform SignalPlus, it has taken preventive measures to proactively revoke all API keys linked to SignalPlus. Binance stressed that its own systems were not affected and user funds remained secure. The exchange advised SignalPlus users to directly log in to their Binance accounts to check positions and open orders, refrain from re-binding API keys until SignalPlus confirms the issue is fully resolved, and recommended always enabling IP whitelisting.

According to Bloomberg, Apple has launched a seven-tranche U.S. dollar investment-grade bond issuance, aiming to raise up to around $70 billion, joining a recent wave of frequent bond issuances by tech giants. People familiar with the matter said the bonds have tenors spanning 2 to 10 years, with the longest tranche carrying an initial guidance of a 0.8 percentage point premium over U.S. Treasury yields. The relevant details have not been officially announced yet. The issuance is co-underwritten by Bank of America, Deutsche Bank, Goldman Sachs, and JPMorgan Chase. The proceeds will be used for general corporate purposes, including share repurchases, dividends, and capital expenditures. Apple’s last bond offering was in May 2025, when it raised $4.5 billion.

Key pre-market news for US stocks on Thursday: 1. Apple plans to cut internal AI usage budgets, lowering the daily spending cap for engineers using AI models from $300 to $200 to control costs. 2. Microsoft failed to reach a potential multi-billion-dollar new deal with UK AI startup Nscale, as it refused to expand its existing data center computing power lease contracts by more than double. 3. Goldman Sachs noted that the outcome of the US midterm elections may boost tech firms' capital expenditure growth through 2027, rather than suppressing capital investment. 4. OpenAI reaffirmed it will cover all costs related to powering its data centers. For data centers it owns and operates, it will solicit input from local communities and disclose construction plans. 5. Optical communications leader Lumentum will release its Q3 earnings after trading closes tonight; market consensus expects revenue of $1.248 billion, up around 138% year-over-year, and adjusted earnings per share (EPS) of $4.19, up around 307% year-over-year. 6. The US Republican Party's setback in the midterm elections may instead relieve Federal Reserve Chair Wash of some political pressure, allowing him to reduce political interference and focus more on curbing inflation. 7. Challenger, Gray & Christmas data shows US companies cut 43,994 jobs in October, down 71% year-over-year, marking the lowest level for the same period in three years. 8. Agility, the first US humanoid robot stock backed by NVIDIA, will list on Nasdaq tonight.

Polygon’s community forum has released draft proposal PIP-93, which proposes integrating the existing Protocol Council, Polygon PoS, and AggLayer multisigs into a unified Polygon Security Council. The security council will comprise 11 signers from 10 institutions, adopting an 8/11 signature policy covering both Ethereum and Polygon. Polygon Labs holds 2 seats, while each of the other participating institutions (including Sherlock, Hexens, Sigma Prime, Curve, QuickSwap, EthCC, L2Beat, Coinbase, etc.) holds 1 seat. For daily upgrades and parameter changes, proposals can be submitted via Polygon Labs Operations multisig with a 7-day timelock; the Security Council may veto such proposals within the window, or skip the timelock to immediately execute or lift contract pauses. The proposal will replace the governance structure set out in PIP-29, and will only disclose the list of seat-holding institutions, no longer revealing individual signer identities. The proposal is currently in Draft status.

Payward, the parent company of crypto exchange Kraken, and its asset management clients have purchased an undisclosed amount of AAVE on the secondary market via its affiliated fund Digital Asset Special Investments I, and may continue to increase holdings. Payward said the move is aimed at advancing its asset management business expansion, and the two parties are exploring future cooperation opportunities. Stani Kulechov, founder and CEO of Aave Labs, noted that the partnership with Payward is a strategic step to bring Aave to more retail and institutional users. A source familiar with the matter revealed that the deal evolved from earlier negotiations, which had previously included both tokens and equity, though today’s announcement only covers the token purchase. The Aave protocol currently holds approximately $33 billion in net deposits, with active loans totaling around $11 billion.

According to data from the BIT Stock Platform, Qualcomm (QCOM) saw its pre-market shares fall more than 12% at one point, and are now down 11% at $154.4. The decline is mainly driven by negative factors from its Q4 2026 fiscal year earnings report and guidance released on November 4. Mobile chip revenue in Q4 2026 plummeted 26% year-on-year to $5.14 billion, missing market expectations. Additionally, rising memory and wafer costs due to AI data center demand significantly pressured margins: QCT’s pre-tax margin dropped from 29% to around 24%. While the company has implemented price hikes, full benefits will not materialize until the second half of fiscal 2027. Meanwhile, the midpoint of Qualcomm’s Q1 2027 fiscal year Non-GAAP EPS guidance ($2.15–$2.35) is below market expectations. Apple’s self-developed baseband chips continue to erode its revenue, and the company forecasts the overall mobile phone market will stay flat in 2027. Though new businesses such as automotive and data centers are growing strongly, they are not yet sufficient to fully offset the decline in core operations, leading multiple institutions to cut Qualcomm’s price targets.