Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update
 Prnewswire· 2025-11-03 10:00
 Core Insights - Cango Inc. reported a decrease in Bitcoin production for October 2025, producing 602.6 Bitcoin compared to 616.6 Bitcoin in September 2025, with an average daily production of 19.44 Bitcoin down from 20.55 Bitcoin [2] - The company’s total Bitcoin holdings increased to 6,412.6 Bitcoin by the end of October, up from 5,810.0 Bitcoin in September [2] - Cango maintained a deployed hashrate of 50 EH/s and improved its average operating hashrate to 46.09 EH/s from 44.85 EH/s in the previous month [2]   Company Operations - Cango Inc. is focused on Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [5] - The company is also involved in an online international used car export business through AutoCango.com, enhancing access to high-quality vehicle inventory from China [5]   Strategic Developments - The CEO of Cango highlighted the operational maturity achieved, with Bitcoin holdings surpassing 6,400 BTC and an average operating hashrate exceeding 90% [4] - Cango announced the termination of its ADR program and plans for a direct listing of its ordinary shares on the NYSE, expected to be completed in November [4]
 Hyundai’s profit falls 20% in Q3 on US tariffs
 Yahoo Finance· 2025-11-03 09:58
 Core Insights - Hyundai Motor Company reported a 20.5% decline in net profits to KRW 2.548 trillion (US$1.8 billion) in Q3 2025, down from KRW 3.2 trillion in the same period last year, primarily due to the impact of US import tariffs [1][4] - The company's operating profit decreased by 29.1% to KRW 2.537 trillion [1]   Tariff Impact - The US government imposed a 25% tariff on South Korean imports in April, which Hyundai could not fully pass on to customers, but the tariff was recently negotiated down to 15% [2] - The reduction in tariffs is expected to enable Hyundai to compete more effectively with other global automakers in the US market [2]   Sales and Deliveries - Hyundai experienced a 2.6% year-on-year increase in global vehicle deliveries, totaling 1.038 million units in the quarter [3] - Revenues increased by 8.8% to KRW 46,721 billion, supported by an improved product mix and favorable currency exchange rates [3] - SUV sales rose by nearly 9% to 659,000 units, while sales of electrified vehicles increased by 25% to 252,000 units [3]   Regional Performance - Domestic wholesale deliveries increased by 6.3% year-on-year to 181,000 units in Q3 [4] - US sales rose by 2.4% to 257,000 units, and European sales increased by 7.9% to 150,000 units [4]
 Alphabet to sell at least €3B bonds to fuel AI expansion - report (GOOG:NASDAQ)
 Seeking Alpha· 2025-11-03 09:55
Alphabet (GOOG) (GOOGL) is returning to Europe’s bond market for the second time this year with a multi-tranche euro offering to help fund record spending on artificial intelligence and cloud infrastructure. The Google parent is marketing six euro-denominated benchmark tranches, ranging ...
 Which Quantum Computing Stock Is the Most Likely Millionaire-Maker: D-Wave Quantum, IonQ, or Rigetti Computing?
 Yahoo Finance· 2025-11-03 09:55
 Core Insights - Quantum computing is emerging as a transformative technology with significant investment potential, similar to past innovations like personal computers and the internet [2]   Company Comparisons - D-Wave Quantum utilizes quantum annealing, focusing on optimization and search problems, employing superconducting materials that operate at extremely low temperatures [4] - IonQ employs a trapped-ion architecture, using ionized ytterbium atoms to create qubit gates, which allows for minimal cooling and superior error correction [5] - Rigetti Computing advocates for superconducting systems, claiming they can support more qubits, and operates the first dedicated quantum foundry with its Cepheus-1-36Q being the largest multi-chip quantum computer [6]   Business Viability - All three companies—D-Wave, IonQ, and Rigetti—are currently unprofitable but are generating sales from their quantum systems [7] - The likelihood of any of these stocks turning a $10,000 investment into $1 million over the next 20 years is considered low [7]
 Bristol Myers Squibb Announces Cash Tender Offers to Purchase Certain Notes
 Businesswire· 2025-11-03 09:55
PRINCETON, N.J.--(BUSINESS WIRE)--Bristol Myers Squibb Announces Cash Tender Offers to Purchase Certain Notes. ...
 GoldHaven Resources expands Magno Project in British Columbia
 Yahoo Finance· 2025-11-03 09:55
 Core Insights - GoldHaven Resources has signed an agreement to acquire the Hamel claims, expanding its Magno Project in north-western British Columbia, Canada [1] - The acquisition reinforces GoldHaven's commitment to consolidating its district-scale land position in the region [1][6] - The newly acquired claims cover 429.46 hectares, bringing the total project area to 36,002.99 hectares [2][5]   Project Details - Recent fieldwork identified the Cassiar Stock, a 72 million-year-old granite, as a key control on mineralisation within the project area [2] - Mapping has revealed a strong correlation between phases of the Cassiar Stock and mineralised showings, prompting the expansion of the project area [2] - Initial work has connected mineralised skarns along north-south and north-east-trending structures where the Cassiar Stock intrudes Cassiar Terrane sediments [3]   Mineralisation Potential - At Magno Central, mineralisation occurs within the Rosella formation, known for silver, lead, and zinc, now also showing potential for indium and gallium [3] - Comparisons to Coeur Mining's Silvertip Project highlight strong regional potential [4] - Recent mapping in the Kuhn and Dead Goat zones has identified skarns dominated by diopside-garnet, with additional mineralisation indicators [4]   Financial Terms - GoldHaven will pay C$10,000 (approximately $7,128) in cash and issue 300,000 common shares to the vendor as consideration for the acquisition [5] - All consideration shares will be subject to a standard Canadian statutory four-month hold period [5]   Strategic Vision - The CEO of GoldHaven Resources emphasized that the acquisition strengthens the strategic land position within the Magno Project and is crucial for building a district-scale mining portfolio in British Columbia [6] - The company believes the area holds strong exploration potential, and consolidating key ground positions is vital for unlocking shareholder value [6]
 Global Leaders Explore Systems for a Balanced Future at 2025 Integral Conversation
 The Manila Times· 2025-11-03 09:54
 GUILIN, China, Nov. 3, 2025 /PRNewswire/ -- The three-day 2025 Integral Conversation, hosted by Integral Institute, successfully concluded in Guilin from October 30 to November 1. Under the theme "Universe, Earth & Humanity in Harmony: Designing Systems for a Balanced Future", the event brought together leaders and experts from government, business, academia, research, and culture to explore how nature and industry can not only coexist but collaborate in harmony. This year's dialogue was shaped by four the ...
 Alger Mid Cap Focus Fund Q3 2025 Top Contributors And Detractors
 Seeking Alpha· 2025-11-03 09:53
 Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
 2 Artificial Intelligence (AI) Stocks That Could Soon Join the $1 Trillion Club
 Yahoo Finance· 2025-11-03 09:52
 Group 1: AI Investment Opportunities - Artificial intelligence (AI) continues to represent an attractive investment opportunity for investors, with major tech companies announcing significant deals for data centers, supercomputers, and advanced chips to power AI services across the economy [1] - Several leading AI companies in software and semiconductors are already valued at trillions, with two tech stocks currently valued lower that could soon join the elite ranks of $1 trillion companies [2]   Group 2: Advanced Micro Devices (AMD) - AMD's stock has surged 118% this year, reaching a market cap of $428 billion, driven by improvements in the cost-performance ratio of its GPUs [3] - AMD has secured contracts to provide advanced computing solutions for two supercomputers for the U.S. Department of Energy, enhancing its revenue potential over the coming years [4] - AMD's data center revenue grew 14% year over year in Q2, with expectations for acceleration as the MI400 series of GPUs launches, already being adopted by OpenAI [5] - The stock trades at a forward price-to-earnings (P/E) multiple of 42, with analysts projecting earnings growth at nearly 40% annually, suggesting potential for the stock to double and reach a $1 trillion market cap [6]   Group 3: Oracle - Oracle has a market value of about $785 billion and is seen as having the easiest path to potentially reaching $1 trillion, with aspirations to reach $2 trillion [9] - The stock has climbed 65% year to date, driven by accelerating growth in its cloud infrastructure business [9]
 CZ Wants an AI to Judge Court Cases — Then Pumped a Token 12%
 Yahoo Finance· 2025-11-03 09:51
 Group 1: AI Judge Companion Proposal - The former Binance CEO proposed the development of an AI Judge Companion system to provide judgment recommendations based on written laws and past court cases [2] - The AI system aims to offer more objective assessments compared to human judges, who may be influenced by personal biases [3] - The effectiveness of the AI judges would depend on the quality of training, and immediate adoption by countries is unlikely [3]   Group 2: Potential Applications and Funding - The AI tool could assist judges, lawyers, and individuals in legal proceedings, and provide data for prediction markets [4] - Zhao expressed willingness to fund the development of the AI system, indicating it would not require extensive resources [4] - The proposal has garnered attention from the cryptocurrency community, showcasing Zhao's influence in technology innovation beyond digital assets [5]   Group 3: Personal Investment in Aster - Zhao disclosed a personal investment in Aster tokens, emphasizing a buy-and-hold strategy rather than active trading [6] - Following the announcement, Aster's price surged approximately 12%, highlighting the market impact of statements from influential figures in the cryptocurrency space [6]