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The semiconductor research institution SemiAnalysis published a report regarding Jensen Huang's resignation, noting that although the board has appointed Colette Kress as interim CEO, they prefer that the formal CEO does not have a financial background, so they are still selecting a permanent CEO.Internal technical direction candidates include Ian Buck and Jonah Alben. Ian Buck founded CUDA during his PhD at Stanford and joined NVIDIA in 2004, responsible for the data center business; Jonah Alben joined in 1997 and is currently the Senior Vice President of GPU Engineering. Executives have stated, "Ian would rather die than take over Jensen's position," and "no one would really want that job." The report indicates that both are outstanding, but may not be able to exert the same supply chain management control as Jensen Huang.

According to The Block, Securitize and Ethena Labs have launched a $100 million BlackRock tokenized fund BUIDL all-weather liquidity tool, allowing eligible investors to exchange BUIDL shares for supported stablecoins like USDC outside of traditional market trading hours.The tool launched with an initial liquidity of $50 million, split evenly between BUIDL and USDC, and once the liquidity is used, an additional $50 million can be replenished within an hour.

Tianfeng International Securities analyst Ming-Chi Kuo stated that Jensen Huang's importance to NVIDIA lies in his ability to transform technologies deemed feasible by engineers into products that the company must invest resources in, take risks on, and deliver. He believes this provides the supply chain with strong order visibility and a willingness to cooperate with aggressive specification upgrades; this move will also force competitors to follow suit, thereby driving technological upgrades and supply chain investments across the entire AI industry.Kuo mentioned that compared to providing order visibility to the supply chain, deciding on and implementing aggressive specification upgrades is more challenging. Jensen Huang does not need to be the person within NVIDIA who understands new technologies such as HVDC, CPO/NPO, or CCL/PTFE the best; his value lies in weighing strategy, organization, technology, and supply chain simultaneously, and making decisions and allocating resources quickly. He indicated that based on the information currently available, it is difficult for Jensen Huang to step back completely; if so, the actual approach may be to gradually reduce NVIDIA's reliance on Huang's personal decisions while preparing a succession plan. Two things worth observing in this process are whether NVIDIA can continue to develop new products and technologies as efficiently as before, and how competitors will respond. He stated that supply chain research will be an important basis for judging the direction of AI technology and investment.

Patrick Witt stated in an interview that the Treasury Department has discussed potential paths for purchasing Bitcoin, including re-evaluating gold reserves, utilizing the Foreign Exchange Stabilization Fund, converting other assets, and collecting taxes and fees in Bitcoin. These proposals still require further legal validation.Bitcoin held by U.S. government agencies is undergoing a second round of verification to improve data accuracy, and it has not yet been decided whether to disclose specific holdings; the Treasury is also establishing a Bitcoin custody system that may combine self-custody and third-party custody. The position of Executive Director of the White House Crypto Council will not be filled, and related responsibilities will be shared among the White House Office of Legislative Affairs, the White House Counsel's Office, and other departments.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "Kai Cenat Completes GTA Marathon," the "Yes" option in the sub-market "November 11 (1:59 AM ET)" experienced a dramatic fluctuation in winning probability, soaring from 33% an hour ago to the current 87.5% (a fluctuation of 54.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the Polymarket prediction market, the "Kai Cenat completes GTA marathon" event's sub-market "November 11, 2023 (3:59 AM Eastern Time)" has seen a dramatic fluctuation in the "Yes" option's winning probability, soaring from 23% an hour ago to the current 40.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to Bloomberg Technology, Path Robotics has secured $300 million in new funding, raising the company's valuation to $2.45 billion, nearly four times its previous valuation.The company develops software for autonomous manufacturing robots.

According to Catcher Predict monitoring, in the Polymarket prediction market, the "Kai Cenat completes GTA marathon" event's sub-market "November 11, 2023 (2:59 PM Eastern Time)" has seen a dramatic fluctuation in the "Yes" option's winning probability, soaring from 43% an hour ago to the current 59.5% (a fluctuation of 16.5%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction event "Kai Cenat Completes GTA Marathon" on Polymarket, the "Yes" option in the sub-market "November 11 (2:59 PM ET)" experienced a sharp fluctuation in winning probability, plummeting from 45.5% an hour ago to the current 30.5% (a fluctuation of 15%). Please note the impact of related breaking news.

According to a report by the Financial Associated Press, Musk stated that Tesla is likely to rent its humanoid robots to customers rather than sell them. Tesla has initiated early production of Optimus at its Fremont factory and is expected to start delivering to external customers around the end of 2027.

According to Ethereum co-founder Vitalik Buterin, he believes that instead of positioning ETH as a fee-burning token, more emphasis should be placed on its value storage function.Vitalik stated that the role of the fee-burning narrative is not as strong as it seems, and optimizing around this goal may struggle to balance decentralization and resistance to capture; positioning it as a value storage aligns with Ethereum's advantages such as decentralization. He believes that the stability brought by these advantages has practical value for asset holders and will also be valued in an era of transformation brought by AI.He supports retaining EIP-1559 and its burning mechanism but believes that even if fee burning remains below the breakeven level of 10% in the long term, there is no need to feel disappointed, as the value of ETH comes from other aspects.

ARK Invest founder Cathie Wood stated that she does not believe the results of the U.S. midterm elections will hinder the AI revolution. She believes that the uncertainty in the market is understandable, but the economy is on a stronger growth trajectory than most investors realize.She noted that the stock market began to factor in the possibility of an extended war in Iran and expectations of a Democratic sweep in the elections as early as May and June, and the rise in oil and gasoline prices has also increased the cost of living pressure on consumers. Voters concerned about household finances made the congressional election results appear more conservative than the headlines suggested.Cathie Wood expects that data center construction companies will pay more attention to local community concerns and provide and highlight more community benefits, including lowering property taxes, increasing high-paying jobs, promoting commercial development, and funding schools and cultural facilities.She stated that the productivity gains brought by AI are accelerating and expects these benefits to translate into higher wages, stronger profit margins, more investment, and lower prices, helping to alleviate cost of living pressures. The market is currently only beginning to experience the impact of this technological revolution.

According to reports from the Financial Associated Press, Berkshire Hathaway's operating profit for the third quarter was $12.71 billion, a year-on-year decrease of 5.8%. The net profit attributable to shareholders for the third quarter was $22.112 billion, compared to $30.796 billion in the same period last year; the net earnings per Class A equivalent common share for the third quarter were $15,502; the net investment income for the third quarter was $9.407 billion, down from $17.311 billion in the same period last year.As of September 30, the company's cash holdings for the third quarter were $356.9 billion; cash reserves increased from the previous quarter to $377.4 billion, setting a new record. The company repurchased $9.6 billion in stock during the third quarter. Additionally, Berkshire Hathaway stated that as of September 30, 65% of the total fair value of the company's equity investments was concentrated in Alphabet, American Express, Apple, Bank of America, and Coca-Cola.

Indosuez Wealth Management believes that the market's current pricing of the Federal Reserve and European Central Bank's interest rate paths is still significantly more hawkish than the institution's baseline scenario. The institution's strategists Lucas Merrick and portfolio manager Alexander Bell expect that economic growth will remain stable, and inflation will gradually normalize, which will limit the central banks' room for further tightening of monetary policy.The two stated, "However, it may take some time to accumulate enough moderate core inflation and economic growth data to make this scenario a reality. In the meantime, the bond market will remain volatile." The money market currently expects that the Federal Reserve will raise interest rates by about 1.5 times in the next 12 months, while the European Central Bank will raise rates twice.

According to Loopscale monitoring, the platform has restored the priority loan function, and all loans can have additional collateral; except for loans funded by the USDC Genesis Vault, all other loans can be repaid, and borrowers can retrieve their collateral after full repayment. The collateral withdrawal function for loans related to the USDC Genesis Vault remains temporarily closed, and treasury withdrawals and other protocol functions continue to be restricted.The team is working with partners to advance the security recovery efforts. Loopscale stated that it has identified and controlled two paths exploited by the attackers during this incident. The attackers first exploited a misconfiguration of asset pricing parameters, leading to collateral deposited in the SOL Genesis Vault being incorrectly valued as another asset, resulting in approximately $412,000 in under-collateralized loans. Subsequently, the attackers sold a loan with abnormally high interest rates to the USDC Genesis Vault through atomic transaction combinations, artificially inflating its net asset value (NAV) and extracting approximately $521,000 in redemption funds; this operation was intercepted by the system within 30 seconds after the transaction was generated. Loopscale stated that user deposits will not suffer losses as a result.

Federal Reserve official Harker stated that monetary policy needs to shift to a restrictive stance, and gradual interest rate hikes have a smaller impact on the economy and financial system, making it the best path to bring inflation back to 2%.She pointed out that the inflation level in the United States is still too high and is moving in the wrong direction. Harker also stated that the independence of the Federal Reserve is crucial for achieving the 2% inflation target, and the U.S. dollar remains the world's primary reserve currency, a status supported by the U.S. institutional and legal system.