Pre-market news | The U.S. government is expected to end the shutdown, with data storage concepts, chips, cryptocurrency concepts, and gold all rising

LB Select
2025.11.10 11:13
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Data storage concepts collectively surged, with Micron and Seagate Technology rising over 4%, and SanDisk and Western Digital increasing nearly 4%. Currently, SanDisk's stock price has risen over 580% this year. Media reports indicate that SanDisk has significantly raised NAND flash memory contract prices, with an increase of up to 50%. Most chip stocks rose, with Taiwan Semiconductor increasing nearly 3%. Taiwan Semiconductor's revenue in October was NT$367.47 billion, a year-on-year increase of 16.9% and a month-on-month increase of 11%. Cumulative revenue from January to October 2025 reached NT$3.13044 trillion, a year-on-year increase of 33.8%. At the same time, NVIDIA rose over 3%, AMD increased by 3.8%, Intel rose over 2%, and Qualcomm increased nearly 2%. The U.S. government is expected to end the shutdown, with Bitcoin returning to $106,000 and Ethereum briefly surpassing $3,600. Cryptocurrency concept stocks rose before the market, with BitMine Immersion Technologies Inc. increasing over 7%, IREN Ltd rising 6.9%, Circle Internet Corp. and MARA Holdings increasing nearly 4%, and Coinbase Global, Inc. and Strategy rising over 3%. Spot gold surged 2%, and precious metal stocks rose before the market. Golden Valley increased nearly 6%, Harmony Gold rose over 5%, and Kinross Gold increased by 3.6%. Tesla rose over 2% before the market, with news that Tesla has begun to register shares for CEO Musk's compensation plan

The concept of data storage has collectively surged, with Micron and Seagate Technology rising over 4%, and SanDisk and Western Digital increasing nearly 4%. Currently, SanDisk's stock price has risen over 580% this year. Media reports indicate that SanDisk has significantly raised its NAND flash memory contract prices, with an increase of up to 50%.

Most chip stocks have risen, with Taiwan Semiconductor increasing nearly 3%. Taiwan Semiconductor's revenue in October reached NT$367.47 billion, a year-on-year increase of 16.9% and a month-on-month increase of 11%. Cumulative revenue from January to October 2025 reached NT$3,130.44 billion, a year-on-year increase of 33.8%. At the same time, NVIDIA rose over 3%, AMD rose 3.8%, Intel rose over 2%, and Qualcomm rose nearly 2%.

The U.S. government is expected to end the shutdown, with Bitcoin returning to $106,000 and Ethereum briefly surpassing $3,600. Cryptocurrency concept stocks rose before the market, with BitMine Immersion Technologies Inc. rising over 7%, IREN Ltd rising 6.9%, Circle Internet Corp. and MARA Holdings rising nearly 4%, and Coinbase Global, Inc. and Strategy rising over 3%.

Spot gold surged 2%, and precious metal stocks rose before the market. Jintian rose nearly 6%, Harmony Gold rose over 5%, and Kinross Gold rose 3.6%.

Tesla rose over 2% before the market, with news that Tesla has begun to register shares for CEO Musk's compensation plan.

XPeng rose nearly 6%, with news that at the 2025 XPeng Technology Day, XPeng announced four important applications related to physical AI, including XPeng's second-generation VLA large model, XPeng Robotaxi, the new generation IRON humanoid robot, and the Huitian flying car.

WeRide rose over 4%, with news that WeRide has officially received approval from the UAE federal government to carry out pure unmanned Robotaxi commercial operations in Abu Dhabi.

Baidu rose nearly 3%, with news that today, the Baidu AI Glass Pro officially went on sale for 2,299 yuan, with a Double Eleven discount price of 2,199 yuan. The JD.com page shows that users can receive the Baidu AI Glass Pro the next day.

Huazhu rose nearly 3%, with news that a recent Morgan Stanley research report indicated that the decline in revenue per available room (RevPAR) in the hotel industry narrowed in the third quarter, mainly driven by better-than-expected performance in September; the positive momentum in September has continued into October and may persist into the fourth quarter.

Beike surged nearly 7%, with third-quarter revenue of 23.1 billion yuan, a year-on-year increase of 2.1%; the third quarter NON-GAAP net profit was 1.29 billion yuan. Beike's total transaction value (GTV) in the third quarter was 736.7 billion yuan, basically flat compared to the same period last year

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