Economy

Shares tied to digital assets in Asia receded after China's central bank cautioned about illegal acts.

Stock climbed nearly 70% this year, outpacing rivals. Strong cash flow, in-house chips, and successful Gemini 3 model have made it almost a shoo-in for an NVIDIA-like market cap down the road.

Bank of Israel shifts policy, cuts interest rate by a quarter point amid falling inflation.

Nvidia earnings time at 4 p.m. could be the start of a major sell off as "Peak AI" fears loom over crucial test for markets. Tech sector holds breath for possible shocks, with immediate implied volatility expected at $320 billion (6%).

This week many companies will report their quarterly earnings. But all eyes will be on Nvidia. Wednesday's third-quarter earnings report will reveal updated guidance, with analysts expecting $54.9 billion in quarterly sales and scrutinizing Huang's comments about the $10 billion OpenAI partnership and rising competition from custom chips

SoftBank ditches Nvidia for second time – this time to fund $22.5B OpenAI bet.

IREN stock was soaring on Monday after the Australian company agreed a $9.7 billion deal to sell artificial-intelligence cloud capacity to Microsoft. The tech giant is spending billions on data centers in the UAE and securing new capacity from IREN in Texas to meet massive AI demand.

Markets worldwide commenced November trading with widespread advances Monday as OPEC+ announced plans to halt oil production increases for the opening quarter of 2026, sending energy stocks higher while uncertainty over Federal Reserve rate policy pressured the dollar and cryptocurrency markets.

According to a US report, Meta plans to borrow $25 billion over a 40-year period to accelerate its investments in data centers. The announcement sparked investor fears that the company is falling behind in the field of artificial intelligence. In response, the stock plunged 11.5% in New York.

With a market cap of$ 5 trillion, NVIDIA is now worth more than 6 JPMorgan Chases, more than double of Canada's entire economic output ($2.39T), and equals the combined value of hundreds of mid-cap companies. One chipmaker has become an economic superpower.