sector

According to Bitget market data, Hong Kong stocks in artificial intelligence fluctuated lower, with Shenghong Technology (02476.HK) down 8.63%, Zhipu (02513.HK) down 7.09%, MINIMAX-W (00100.HK) down 4.76%, and Changfei Optical Fiber Cable (06869.HK) down 3.56%.

According to a report by Crypto Briefing, Grayscale's research indicates that the correlation between crypto assets and Bitcoin is decreasing, with Bitcoin currently explaining only about 50% of the return volatility across various crypto sectors.The report breaks down the annualized volatility and the impact of Bitcoin-related factors by sector: the annualized volatility of the currency sector is 49%, with 43% attributed to Bitcoin; the annualized volatility of the smart contract platform sector is 58%, with 38% attributed to Bitcoin; the annualized volatility of the finance sector is 59%, with 30% attributed to Bitcoin; the annualized volatility of the utilities and services sector is 67%, with 30% attributed to Bitcoin; the annualized volatility of the consumer and culture sector is 76%, with 46% attributed to Bitcoin; the artificial intelligence sector has the highest annualized volatility at 85%, with only 35% attributed to Bitcoin.The research points out that Bitcoin's own annualized volatility has recently been around 43%, while the volatility of all sectors tracked by Grayscale is higher than that of Bitcoin. The report suggests that lower correlation does not imply lower risk, but the fact that Bitcoin explains only half of the return volatility means that the other half is driven by factors specific to each sector, providing investors with a reference for assessing which sectors can offer true diversification.

According to Gate data, U.S. cloud service providers and the storage sector continue to strengthen, with CoreWeave's increase expanding to 20% and NEBIUS rising over 15%. At the same time, the Philadelphia Semiconductor Index's increase expanded to 5.10%, reporting 10,500.83 points, as the U.S. semiconductor sector surged.SanDisk surged over 14.7%, Lumentum rose over 12.6%, Micron Technology increased over 11.2%, Coherent rose over 11%, and Seagate Technology increased over 10.2%; SK Hynix rose over 9.6%, Marvell Technology increased over 9.1%, Arm Holdings rose over 9.0%, Intel increased over 6.9%, Lam Research, Broadcom, Applied Materials, and AMD rose over 5%, TSMC increased over 3.4%, and NVIDIA rose over 3.0%.

The Nikkei 225 index rose for the third consecutive trading day, as related data and corporate earnings reignited optimism in the artificial intelligence sector. A Reuters survey showed that Japan's manufacturing confidence index rose to its highest level in over five years in November.Despite U.S. stocks closing lower, AI cloud computing company CoreWeave expects to achieve profitability in the first half of 2028. Nomura Securities strategist Akihiro Akiyama stated that investors are focused on Nvidia's earnings report next week, and if it performs strongly, it may drive up the stock prices of Japanese AI-related companies.

Wells Fargo has upgraded its investment outlook for the artificial intelligence infrastructure sector from "negative" to "neutral."

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:PUSSY (FZxH....oat): Currently priced at $0.0022, market cap of $2.15 million, 24h increase of +11.4K%, 24h trading volume of $10.18 million, number of trades 125,191;BTC (C5xp....ump): Currently priced at $0.0018, market cap of $1.78 million, 24h decrease of -83.2%, 24h trading volume of $8.63 million, number of trades 157,184;COGE (8UQd....ump): Currently priced at $0.0002, market cap of $150,000, 24h decrease of -95.3%, 24h trading volume of $1.72 million, number of trades 187,484;ANSEM (9cRC....ump): Currently priced at $0.0567, market cap of $56.46 million, 24h increase of +31%, 24h trading volume of $11.38 million, number of trades 180,110;ELYSION (AWaB....ump): Currently priced at $0.003, market cap of $2.91 million, 24h increase of +116K%, 24h trading volume of $3.49 million, number of trades 152,256;

According to Gate quotes, the Hong Kong stock market opened, with the Hang Seng Index down 1.58%, and the Tech Index down 3.11%. The optical communication sector opened lower collectively, with Yangtze Optical Fibre and Cable down 12.59%, and Zhongji Xuchuang down 11.06%.Among AI model stocks, Zhipu fell 8.82%, and MINIMAX-W fell 7.4%.

According to Gate market data, the U.S. stock storage sector continues to face sell-offs, with the Philadelphia Semiconductor Index dropping by 5.82%.In terms of individual stocks, SanDisk's decline has expanded to 11.00%, Western Digital fell by 9.44%, Seagate Technology dropped by 9.99%, SK Hynix decreased by 7.93%, and Micron Technology fell by 7.03%. The major individual stocks in the storage sector have all declined by nearly or over 7%.

According to Gate market data, the decline in the optical communication sector of the US stock market has continued to widen: FOTO (FOTO) fell 8.12%; Marvell Technology (MRVL) fell 8.18%; Applied Optoelectronics (AAOI) fell 12.01%; Lumentum (LITE) fell 10.34%; Coherent (COHR) fell 8.12%; Ciena (CIEN) fell 10.85%; Fabrinet (FN) fell 8.45%; AXT (AXTI) fell 14.18%.

During a speech at the Oxford Union, Binance founder Changpeng Zhao mentioned that the adoption process of cryptocurrency is slow but irreversible. He estimates that it may take 5 to 10 years for the cryptocurrency adoption rate to reach 20%, while the middle 60% to 80% may take another 10 to 20 years, and the final 20% could take a long time. The initial phase is filled with skepticism, accelerating after surpassing 20%, and slowing down after exceeding 80%.He pointed out that in the past two years, many governments around the world have shown a significant change in their attitude towards cryptocurrency. The United States has shifted to a crypto-friendly stance, with other countries following suit. However, the upgrade of the financial system is slow, and large institutions exhibit inertia, leading to significant friction for banks to directly access blockchain.Currently, innovation in retail payment and daily use cases is still lacking. Many projects are just getting started and will need another year or two, while on the institutional side, ETFs, tokenized stocks, and stablecoins are on the rise. Different cycles focus on different aspects, shifting from early Bitcoin and ICOs to meme coins, and recently turning towards institutional adoption. He remains optimistic about this and is willing to fund developers.

According to SoSoValue data, the cryptocurrency market sector has generally rebounded, with the DePIN sector rising 5.79% in 24 hours, among which Aethir (ATH) increased by 9.91% and Render (RENDER) rose by 9.23%. During the same period, Bitcoin increased by 4.94%, breaking through $80,000; Ethereum rose by 7.21%, surpassing $2,400.MAG7.ssi rose by 4.37%, DEFI.ssi increased by 4.11%, and MEME.ssi went up by 3.54%. In other sectors, the RWA sector rose by 5.47% in 24 hours, with Ondo Finance (ONDO) increasing by 7.25%; the Layer2 sector rose by 5.28%, with Stacks (STX) increasing by 11.31%; the PayFi sector rose by 4.89%, with Dash (DASH) increasing by 8.99%.The DeFi sector rose by 3.97%, with Raydium (RAY) increasing by 17.73%; the Layer1 sector rose by 3.74%, with Injective (INJ) increasing by 12.41%; the CeFi sector rose by 3.67%, with Cronos (CRO) increasing by 5.21%; the Meme sector rose by 3.11%, with Useless Coin (USELESS) increasing by 14.01%. The cryptocurrency sector index reflecting historical market trends shows that the ssiDePIN, ssiRWA, and ssiLayer2 indices rose by 6.29%, 5.79%, and 5.74%, respectively.

Gate gStocks has shown active performance on the gainers list, with leveraged ETFs related to the semiconductor industry and technology and healthcare sectors leading the gains in U.S. stock tokens. According to the latest market data from Gate, the Direxion Semiconductor 3x Short ETF (SOXSG/USDT) has risen by 6.37% in the last 24 hours, currently priced at $59.25; the AMD Semiconductor tokenized stock (AMDG/USDT) has increased by 5.25% in the last 24 hours, currently priced at $500.96; and the UnitedHealth Group tokenized stock (UNHG/USDT) has risen by 2.10% in the last 24 hours, currently priced at $407.29.Gate gStocks adopts a 1:1 fully-backed native stock reserve mechanism, where each tokenized security corresponds to an equal number of native stocks as underlying asset support, and supports 24/7 trading, unified account management, and a minimum investment of 1 USDT with fractional trading. Users can participate more flexibly in global popular stock investments, achieving a one-stop allocation of digital assets and traditional securities. As the ecosystem of tokenized securities continues to enrich, Gate gStocks will keep expanding more quality stocks and ETF targets, providing users with a more diverse selection of global asset allocation options.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:SIS (FdKd....ump): Currently priced at $0.0001, market cap of $9.34 thousand, 24h change -98.2%, 24h trading volume $1.94 million, number of trades 171,308;Anakin (Exxz....ump): Currently priced at $0.0031, market cap of $2.95 million, 24h change +250.5%, 24h trading volume $5.97 million, number of trades 78,356;BTC (C5xp....ump): Currently priced at $0.0083, market cap of $8.19 million, 24h change -35.5%, 24h trading volume $2.98 million, number of trades 73,672;DJT (DJTu....voF): Currently priced at $5.7004, market cap of $1.08 million, 24h change +0.9%, 24h trading volume $3.64 million, number of trades 61,113;BLUE (CPoG....ump): Currently priced at $0.0001, market cap of $95 thousand, 24h change -74.2%, 24h trading volume $3.18 million, number of trades 70,151;

According to Hyperliquid data, the trading volume of Intel stock perpetual contracts surged to $308 million in the past 24 hours, ranking second in the sector trading volume leaderboard, only behind the S&P 500 stock perpetual contracts (with a 24-hour trading volume of $374 million).Currently, the open interest of Intel stock perpetual contracts stands at $119 million, with a total liquidation amount of $7.2689 million across the network in the past 24 hours, including $7.2297 million in long liquidations and $0.0392 million in short liquidations.Intel's stock price plummeted nearly 29% at Friday's close, marking the worst single-day performance in at least forty years.

According to Gate market data, the S&P 500 Energy sector and Healthcare sector reached all-time highs, rising 1.8% and 1.4% respectively.

During a speech at the 47th Financial Innovation Forum of the Hong Kong Securities Professionals Association, Chan Ho Lam from the Hong Kong Financial Services and the Treasury Bureau stated that in the face of the wave of cutting-edge technologies such as AI and blockchain, we must not only actively embrace this transformation but also harness the power of technology to jointly write a new chapter for Hong Kong's financial market.Chan Ho Lam mentioned that the Chief Executive of Hong Kong clearly pointed out in last month's "Five-Year Plan" that finance is the foundation and greatest advantage of Hong Kong. In terms of the development of financial technology, Hong Kong is fully promoting the comprehensive application of artificial intelligence in various financial sectors.

According to Gate market data, the S&P 500 Communication Services Sector Index has reached a new 14-month low, recently dropping by 6.9%.

According to a report by Yicai, driven by rising international oil prices, the energy sector has become the best-performing sector of the S&P 500 index in 2026. As of October 27, the S&P 500 Energy Index has risen approximately 52% year-to-date, reaching a historical high, while the S&P 500 index has increased nearly 13% during the same period. Brent crude oil and WTI crude oil have risen over 70% and nearly 75% year-to-date, respectively, with U.S. energy companies' profits growing over 100% compared to the same period last year.A report from the U.S. Congress Joint Economic Committee shows that U.S. President Trump has seen his personal wealth increase by as much as $35.8 million this year due to holdings in oil and gas stocks, with net holdings in the sector reaching $81.6 million, nearly doubling since the end of 2025. A White House spokesperson stated that his portfolio is independently managed by third-party financial institutions.The report also points out that the surge in oil prices has led to a year-on-year increase of about 40% in the retail cost of regular unleaded gasoline, reaching $4.246 per gallon. Since March 1, U.S. consumers have spent approximately $145 billion more year-on-year on gasoline and diesel, making energy costs a key issue in the midterm elections.