On U.S. mid-term election day, chip stocks rebounded, and the revenue outlook for AMD exceeded expectations.
2026-11-04 07:36:59
According to CoinMeta, the official voting for the U.S. mid-term elections took place on the 3rd, with all 435 seats in the House of Representatives and one-third of the Senate seats up for election. Whether the Democratic Party can win both chambers simultaneously has become a focal point. After three consecutive days of declines, chip stocks rebounded, with the Nasdaq index rising by 0.8%. AMD In the third quarter, revenue grew by 45% above expectations, and the stock soared nearly 8% after the market closed. Meanwhile, in September, the number of job vacancies in the United States increased to 7.523 million, higher than the expected 7.164 million, while the number of layoffs and dismissals dropped to the lowest level since March 2025. Starting from November 15th, the People's Bank of China raised the foreign exchange deposit reserve ratio for financial institutions by 2 percentage points to 6%, the first such increase since December 2021, which could freeze approximately $24 billion in foreign exchange liquidity.
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Source:Internet
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