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Strategist: Higher-than-expected CPI may make the Federal Reserve's December interest rate hike a done deal.

19 minutes ago

BeiChen Lin, senior investment strategist at Russell Investments, noted in a report that even a slight upside beat in October’s U.S. CPI data could make a December Federal Reserve interest rate hike a done deal. After a strong jobs report and other signs of economic resilience, the Fed will have little patience for inflation. Beyond the main inflation figures, another key focus will be the breadth of inflationary pressures, which will play a critical role in determining the future path of monetary policy. Elevated mortgage rates remain a drag on the housing market, a trend that will help curb some inflationary pressures.

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South Korea's KOSPI index closed up 4.39%

According to Bitget market data, South Korea’s KOSPI index closed up 220.28 points on Tuesday, November 10, with a 4.39% gain, ending at 5239.13 points.

8 minutes ago

Following HIMS' financial report release, its revenue and net profit turned negative, with on-chain prices once plunging 10% in a flash pin drop.

Hims & Hers released its third-quarter financial results today. The company’s quarterly revenue rose 49% year-over-year to $890 million, but its gross margin fell from 74% in the same period last year to 57%, while net income swung from a profit of $15.8 million to a loss of $33 million. It also lowered its profit guidance, cutting its full-year 2026 adjusted EBITDA forecast from the prior range of $275 million to $325 million to $257 million to $277 million, with the midpoint of the guidance dropping roughly 11%. Its full-year revenue guidance was narrowed to $3.13 billion to $3.15 billion. According to TradingBeats, after the earnings release, the HIMS perpetual contract on Hyperliquid experienced a notable pin event. Around 05:08, the contract’s price dipped as low as $20.57, down roughly 10.4% from $22.95 before the announcement, before quickly rebounding to above $23 about half an hour later. As of press time, the contract was trading at around $22.14, down roughly 14.8% in the past 24 hours and still about 3.6% lower than pre-earnings levels. Its trading volume over the same period was around $11.43 million, with a nominal open interest of roughly $3.22 million. By contrast, the Moderna contract rose roughly 5.9% to $271.66 over the same period. Moderna released its third-quarter net income of around $162 million on November 6, and raised its full-year revenue growth forecast from a cap of 10% to a range of 15% to 25%.

8 minutes ago

Solana tightens validator funding rules: participation term set at 12 months, unplanned staking over 300,000 SOL will be automatically disqualified.

Jacob Creech, technical vice president of the Solana Foundation, has responded to the controversy sparked by recent adjustments to the Solana Foundation Delegation Program (SFDP). The changes include setting a 12-month participation term for validators in the SFDP, automatic graduation once staking reaches 300,000 SOL, capping the number of validators at 100, and requiring participants to operate their own validator nodes. Creech noted that the SFDP originally had three core missions: helping new validators launch, building a healthy testnet, and enabling select validators to test network updates in advance. As the Solana ecosystem has expanded and its validator community matured, the original SFDP mechanisms can no longer fully adapt to the network’s evolving needs. The foundation thus aims to shift to a more proactive, flexible delegation model focused on supporting network health and ecosystem contributors. The SFDP will continue to back new validators, while the foundation will also reward validators making significant contributions to network health via delegation outside the SFDP. Previously, the foundation has allocated staking to ecosystem contributors such as Blueshift and supported validators that were among the first to test Frankendancer. In response to community concerns that the adjustments could reduce the number of validators, Creech emphasized that cutting validator counts is not the goal of the changes, though a decline could be an unintended outcome if enough high-quality contributors cannot be secured. He also revealed that over 100 validators have already submitted applications to retain support.

8 minutes ago

OpenAI’s Dot can connect multiple computers simultaneously: users write code, while it runs tests on another machine.

Beating AI Express News: OpenAI has upgraded its resident AI agent "dot", which now enables a single "dot" to connect to multiple local computers, with users able to assign specific devices for each task. For example, if you develop an iOS app on your laptop, "dot" can run tests on another Mac using Xcode and send back the screenshots. When encountering compatibility issues, users can also instruct it to run tests separately in both old and new SDK environments to compare results. Previously, "dot" could operate on cloud computers and authorized local devices, but was limited to connecting to only one local device at a time. This update removes that restriction, and users can now remotely command "dot" via mobile phones to complete tasks across different computers.

8 minutes ago

Whales Accumulate 2,491 $BTC Worth $186M From BitGo and Binance

Whales are accumulating $BTC! A newly created wallet, "bc1qga," withdrew 1,489 $BTC ($111.34M) from #BitGo just 40 minutes ago. 3 newly created wallets withdrew 1,002.86 $BTC ($75M) from #Binance over the past 24 hours.

8 minutes ago

HTX DAO partners with charity ambassadors and community volunteers to visit Kunming Children's Hospital and carry out public welfare activities for the Start of Winter.

Official news: During the Start of Winter solar term, HTX DAO Charity Ambassador Lu Yao and community volunteers visited Kunming Children's Hospital. Together with public welfare partners including Ximan Angels, Beijing Xinyangguang Ward School, and Alipay Public Welfare, they held a solar term-themed public welfare activity for hospitalized children. At the event, volunteers accompanied the children to draw and make dumplings, engaged in fun interactive sessions, and organized charity material exchanges. HTX DAO stated that it will continue to cooperate with local public welfare partners and volunteers to promote community public welfare initiatives in more cities.

8 minutes ago

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