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According to Gate market data, after the U.S. stock market opened, Nvidia's stock price rebounded strongly, currently reported at 160 USD, having erased the decline following Jensen Huang's resignation announcement.

According to Gate market data, the pre-market decline of the US stock Nebius (NBIS.O) has widened to 20%.

According to Gate Market, U.S. chip stocks continued to decline in pre-market trading after Jensen Huang announced his resignation as CEO. Intel (INTC.O) fell 3.7%, Marvell Technology (MRVL.O) fell 5.2%, Micron Technology (MU.O) fell 5.2%, Arm (ARM.O) fell 4.1%, SK Hynix (SKHY.O) fell 5.1%, and TSMC (TSM.N) fell 3.5%.

AI cloud computing company Nebius announced its third-quarter financial report, with revenue increasing by 571% year-on-year to $981 million, exceeding market expectations by about 8%; adjusted EBITDA reached $466 million, also higher than the expected $357 million. However, the company expects its full-year revenue for 2026 to fall at the lower end of the guidance range of $3 billion to $3.4 billion, below the market expectation of about $3.37 billion.What draws more market attention is that Nebius expects capital expenditures in 2027 to reach $40 billion to $45 billion, while providing a revenue outlook of $12 billion to $13 billion, approximately four times that of 2026. The company stated that customer prepayments and investment-grade contract asset-backed financing are expected to cover 75% to 85% of next year's capital expenditures, with the scale of prepayments expected to increase from about $10 billion this year to $17 billion to $20 billion.The company's CEO stated that since the third quarter, the total value of newly signed contracts has exceeded $12 billion, with Databricks, Datadog, Palantir, and Snowflake all signing multi-year agreements with the company for the first time. Despite significantly exceeding expectations, the full-year revenue guidance fell short of expectations, and the capital expenditure plan of up to $45 billion next year has raised market concerns about AI infrastructure expansion and financing pressures.

According to Gate market data, NVIDIA (NVDA.O) stock price has widened its pre-market decline, now down 8%.

According to Gate market data, Coreweave (CRWV.O) pre-market decline once expanded to 11%.

In October, the U.S. CPI exceeded expectations. After the data was released, BTC briefly fell to around $73,000, and the market began to bet on a 50 basis point rate hike in December. In response, Cloud, the chief analyst at Huobi HTX, believes that the probability of a 50 basis point hike is low, and a 25 basis point increase remains the baseline scenario. The current decline is more akin to a pricing correction.There are three reasons: The Federal Reserve values the continuity of data, and historically, there are very few cases where a single month's CPI jump has changed the pace of rate hikes; a single month of exceeding expectations is insufficient to overturn the gradual path; the current inflation stickiness mainly stems from the lagged transmission of tariffs and rents, which will naturally diminish, and marginal employment is also weakening. The committee has no reason to impose aggressive tightening at the peak of transmission; the credit spread has widened from 93 basis points to 348 basis points, financial conditions have effectively tightened, and adding another 50 basis points would actively create financial stability risks.In the crypto market, funding rates have turned negative, and the open interest in perpetual contracts has decreased by nearly 20% in a week. The fear and greed index has fallen into the deep fear zone, and the clearing of leverage has been relatively sufficient, limiting the space for further short-term declines. However, an oversold situation does not mean an immediate rebound; confirmation is needed for CPI to fall in the next two months. If inflation exceeds expectations for two consecutive months and a 50 basis point hike is realized, a trend decline will begin, but currently, this scenario seems unlikely.Note: The content of this article does not constitute investment advice, nor does it constitute any offer, solicitation, or recommendation of investment products.

Agave v4.5 is tentatively scheduled for widespread adoption on the mainnet on December 7, and the mainnet functionality activation is planned to begin on December 14.

Federal Reserve Governor Bowman stated that there needs to be a reduction in risks from artificial intelligence and the Middle East before there can be confidence in a decline in inflation next year.

Coinfuty data shows that as of 01:18 Beijing time, approximately 580 million dollars were liquidated in the futures market tracked over a 4-hour period, covering contracts linked to cryptocurrencies, stocks, and commodities.

Critics of BTC, gold supporter, and economist Peter Schiff posted on the X platform, stating that Bitcoin has never experienced a decline in two consecutive calendar years in its 18-year history. However, Bitcoin fell by 6.34% last year and has dropped another 16.5% so far in 2026. He pointed out that if Bitcoin continues to decline in 2027, it will mark the first time it has experienced declines in three consecutive calendar years.

According to Gate market data, NVIDIA (NVDA.O) saw its intraday decline widen to 5%.

According to Gate market data, the three major U.S. stock indices rose, with the Nasdaq 100 index turning positive, erasing a previous decline of 1.3%. The declines of the Dow Jones and S&P 500 indices narrowed to 0.3% and 0.17%, respectively.

According to a chart shared by trader Ansem, the ascending wedge that appears after a significant decline may be accompanied by decreasing volume, indicating that the upward momentum is weakening.The chart points out that this trend may entice traders to re-leverage as prices form higher highs and higher lows; if prices drop rapidly, stop-loss orders near the lows along the way may trigger selling. The top of the wedge may also coincide with a higher resistance level from before the previous decline.

According to Gate market data, WTI and Brent crude oil fell by $1.5 in the short term, with Brent oil's decline expanding to 6.7%.

According to Gate market data, the pre-market decline of NVIDIA in the US stock market once expanded to 6.4%, currently reported at 5.92%, corresponding to a stock price of 175.6 USD.

According to Gate data, Nvidia's 24-hour decline has expanded to 6.13%, currently reported at 175.98 USD.