Semiconductor stocks experienced a sharp drop, with the PHLX Semiconductor Index falling over 12%, even as earnings estimates for the next 12 months surged by 155% since the end of last year. This has pushed valuations to their lowest levels since January 2019, which some contrarian investors see as a potential buying opportunity. The situation raises the question of whether current low valuations mark a market bottom, especially given improving fundamentals. However, caution remains as prices can continue to fall despite being cheap.
Chip stocks are the focus, with Pluang data showing mixed moves among 150 Technology-sector US stocks: 88 rose and 61 fell. Notable price changes include Workiva Inc (WK) down 18.10%, Credo Technology Group Holding Ltd (CRDO) up 11.28% with 91% sell orders, and Cipher Mining Inc (CIFR) up 11.17% with nearly balanced order activity. This snapshot is as of Nov 06, 2026 18:41 WIB.
Nexans has signed a subcontract to deliver a 420 km mass-impregnated 110 kV cable system for the 1 GW, 320 kV Corinth-Kos HVDC interconnection in Greece. This project, awarded to Hellenic Cables and partners, will connect the Dodecanese islands to ma...
The Indonesia data center market is projected to grow from USD 2.08 billion in 2027 to USD 4.05 billion by 2032, at a CAGR of 14.28%. Growth is fueled by expanding hyperscaler cloud infrastructure, rising digital workloads, increasing demand for colo...
Moderna's stock price surged 10.4% within a single hour early Friday, reaching 262.83 USDT. This sharp increase highlights a significant short-term move in the major U.S. biotech company’s shares. The rapid gain occurred between 6:05 a.m. and 7:05 a....
U.S.-listed spot Bitcoin and Ether ETFs attracted $127.6 million in inflows on Nov. 4, reversing recent outflows amid rising Bitcoin prices above $80,000 and gains in U.S. stocks following Democratic midterm election victories. Bitcoin ETFs received ...
Zcash (ZEC) activated its NU7 network upgrade, reducing the average block interval from 75 seconds to 25 seconds, aiming for faster transaction confirmations. The upgrade also changes how subsidies and transaction fees are distributed, lowering the b...
