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Kioxia crashes, Seagate plunges, and the "hottest" U.S. storage stocks slump across the board.

Kioxia crashes, Seagate plunges, and the "hottest" U.S. storage stocks slump across the board.

``` The Japanese storage chip giant Kioxia’s explosive earnings miss triggered a chain reaction in the US memory sector. On Thursday, Kioxia Holdings announced its adjusted net profit for the second fiscal quarter plummeted over 60% year-on-year, dragging down the stock prices of American peers Western Digital, Seagate Technology, and

Oklo, Ionq, Coreweave, Bloom Energy... Over the past month, these "quantum, AI, energy" speculative stocks have already "collapsed."

Oklo, Ionq, Coreweave, Bloom Energy... Over the past month, these "quantum, AI, energy" speculative stocks have already "collapsed."

``` The frenzy around speculative themes such as artificial intelligence, quantum computing, and new energy is cooling rapidly. Since mid-October, speculative stocks including nuclear energy company Oklo, quantum computing firms IonQ and D-Wave Quantum, AI infrastructure provider CoreWeave, and energy technology company Bloom Energy have seen their combined market caps drop

Blue Origin, owned by Bezos, completes its first NASA launch mission; the "New Glenn" rocket booster lands safely.

Blue Origin, owned by Bezos, completes its first NASA launch mission; the "New Glenn" rocket booster lands safely.

Bezos’ Blue Origin LLC took a key step toward its space development goals on Thursday, successfully launching its orbital-class “New Glenn” rocket for the first time, carrying payloads into space, deploying two NASA probes headed to Mars, and landing its booster intact. Analysts say this marks a major breakthrough for

Another mass layoff of over ten thousand people! Verizon plans the largest staff reduction in its history, 15,000 employees.

Another mass layoff of over ten thousand people! Verizon plans the largest staff reduction in its history, 15,000 employees.

According to media reports citing sources familiar with the matter, Verizon Communications plans to lay off about 15,000 employees to cope with increasingly fierce competition in the wireless service and home broadband markets, and to cut costs. This will be the largest round of layoffs in the company'

U.S. housing market woes worsen! Number of newly foreclosed properties in October surges by 20%.

U.S. housing market woes worsen! Number of newly foreclosed properties in October surges by 20%.

``` According to the latest data released on Thursday, after reaching historic lows in recent years, the number of home foreclosures in the United States rose again in October. Although the overall number is still not large, the continued increase in foreclosure cases may signal cracks emerging in the U.S.

Tesla AI executive says: 2026 will be the toughest year for employees.

Tesla AI executive says: 2026 will be the toughest year for employees.

Tesla Vice President of AI Software Ashok Elluswamy issued a warning to employees at an all-hands meeting, stating that 2026 will be the "toughest year" of their careers. On November 13, media reports said that Elluswamy made the remarks last month during an all-hands meeting with the Autopilot

Worried about the "weaponization" of US dollar swaps, European officials discuss preparing for the "worst-case scenario": establishing their own US dollar reserve pool.

Worried about the "weaponization" of US dollar swaps, European officials discuss preparing for the "worst-case scenario": establishing their own US dollar reserve pool.

European financial stability officials are discussing pooling US dollars held by non-US central banks to reduce dependence on the US financial system. On November 13, according to media reports citing five sources, European financial stability officials are discussing whether to consolidate dollar reserves held by central banks outside the US