AppLovin(APP) 漲 31.04%，成交額 77.9 億美元，年內累計跌 47.2%。 Krispy Kreme(DNUT) 漲 30.68%，成交額 1.3 億美元，年內累計漲 14.4%。 Portillos(PTLO) 漲 28.81%，成交額 6065.9 萬美元，年內累計漲 54.6%。

Veracyte(VCYT) 跌 54.3%，成交額 3.6 億美元，年內累計跌 43%。 貓途鷹 (TRIP) 跌 27.65%，成交額 1.7 億美元，年內累計跌 49.3%。 Gibraltar 工業 (ROCK) 跌 27.28%，成交額 7783.6 萬美元，年內累計跌 35.9%。

Antelope Enterprise(AEHL) 漲 178.15%，成交額 3.5 億美元，年內累計跌 89.7%。 宏力集團 (HLP) 漲 15.02%，成交額 319.7 萬美元，年內累計漲 224%。 比特數字 (BTBT) 跌 15.38%，成交額 2672.4 萬美元，年內累計跌 62.6%。 Microvast(MVST) 跌 13.63%，成交額 208.4 萬美元，年內累計跌 79.5%。

AppLovin(APP) 漲 31.04%，成交額 77.9 億美元，年內累計跌 47.2%。 豐田汽車 (TM) 漲 9.35%，成交額 2.3 億美元，年內累計漲 1.9%。 閃迪 (SNDK) 跌 22.26%，成交額 256.9 億美元，年內累計漲 239.7%。 美光科技 (MU) 跌 17.46%，成交額 525.7 億美元，年內累計漲 130.1%。

Ethereum (ETH) falls 7% to $2,230 on Thursday as AI stock sell-offs spilled into the crypto market.

Wednesday was the Dow Jones Industrial Average's best session since April 2025 and Thursday is on track to be its worst since the same month, on the same election result. The index trades just above 51,500, below Tuesday's close and at its lowest since October 14.

TradingKey - 美東時間 11 月 5 日，美股週四大幅下挫，回吐前一日選後反彈漲幅。市場對資料中心建置放緩的擔憂升溫，投資人加速減持科技股，晶片及 AI 基礎設施相關股票成為拋售重點。截至收盤，道瓊指數跌 3.44%，報 51523.06 點；那斯達克綜合指數跌 5.52%，報 24315.00 點；標普 500 指數跌 4.36%，報 7353.73 點，創 2025 年 4 月以來

Societe Generale analysts Frank Benzimra, Michelle Lam and Kiyong Seong argue that the renminbi is nearing its peak as the PBoC pushes back against one-sided CNY strength. They expect USD/CNY to bottom at 6.60 in 1Q27, citing higher FX reserve requirements and potential fixing adjustments as key tools. Domestic liquidity and low inflation support slightly lower Chinese rates.

Gold (XAU/USD) climbs some 1% on Thursday as the Greenback edges lower amid solid US data and hawkish comments by Federal Reserve (Fed) officials. The XAU/USD trades above $4,100 after bouncing off daily lows of $4,057.

TradingKey - 美東時間 11 月 5 日，據彭博社引述知情人士報導，蘋果（AAPL）擬發行約 70 億美元投資級債券，已吸引約 310 億美元認購訂單，相當於擬發行規模的 4.4 倍。強勁需求推動利差報價收窄，顯示在 AI 融資擔憂升溫之際，蘋果仍受到債券投資人青睞。這是蘋果自 2025 年 5 月募資 45 億美元以來首次重返債券市場。本次交易分為七檔，期限為兩年至十年，最終規模仍可

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD slipped as the US Dollar softened after the US midterm elections, with the pair closing near 1.2795.

On Thursday, the Bank of Mexico – known as Banxico for its Spanish acronym – cut rates by 25 basis points to 6.25%, in an unexpected move that caught market participants off guard, who had expected rates to remain unchanged at 6.50%.

Mexico Banxico Interest Rate Decision below expectations (6.5%): Actual (6.25%)

OCBC’ strategists Sim Moh Siong and Christopher Wong expect USD/CNH to consolidate as Chinese policymakers temper rapid Renminbi (RMB) gains.

The US Dollar (USD) has maintained its bearish tone, building on Wednesday’s election-led marked pullback on Thursday.

Societe Generale strategists see improving risk-reward in China equities after a recent correction, especially in onshore technology. They highlight National Team purchases and revived buyback incentives as evidence of a policy floor.

Bitcoin (BTC) and the wider crypto market fell on Thursday as US markets opened. Losses in AI-related stocks pushed the NASDAQ Composite (IXIC) down as much as 5% amid concerns that Democrats' control of both chambers of the US Congress could lead to tighter crypto and AI regulations.

TradingKey - Alphabet (GOOGL) 旗下 Google 正推進 170 億美元投資計畫，在懷俄明州拉勒米郡興建其在該州的首座資料中心。該專案與 Tallgrass Energy、Related Digital 等夥伴合作推進，並已簽署配套供電協議，預計帶動當地就業及能源基礎設施建設。Google 繼續推進投資之際，美國期中選舉結果正改變市場對 AI 擴張的預期。民主黨大勝引

The Japanese Yen (JPY) outperforms all its major peers on Thursday as traders seek safety in the currency amid a sharp sell-off in US equities led by technology and chip shares. The US Dollar (USD) also gives up earlier gains and slips back into negative territory, adding pressure on USD/JPY.

Commerzbank’s Dr. Ralph Solveen notes that new orders in German industry rose sharply in September, with core orders excluding big ticket items also gaining strongly. He argues that this may mark the start of an upward trend in core orders.

United States 4-Week Bill Auction fell from previous 3.91% to 3.89%

The Bank of England (BoE) raised its Bank Rate by 25 basis points to 4.00%, with eight policymakers backing the move and Catherine Mann preferring a larger 50-basis-point increase.

Tradingkey - 民主黨在美國期中選舉中大勝，引發投資人對資料中心監管趨嚴的擔憂。對晟碟（SNDK）而言，潛在的建設暫停措施可能延後伺服器和儲存設備交付，使 AI 需求支撐下的營收成長面臨新的時間變數。高盛估計，可能收緊資料中心監管的州約占美國計劃新增容量的 45%，其中德州約占全美的四分之一。相關地區可能暫停批准新專案，等待有關電力、用水及稅收優惠的新立法。晟碟對資料中心成長的依賴正在加

Bank of England (BoE) Governor Andrew Bailey said that the central bank is “watching the extent of inflation pass-through,” while acknowledging that inflation risks are tilted to the upside, after the BoE raised interest rates to 4% on Thursday.

European Central Bank (ECB) President Christine Lagarde crossed the wires on Thursday and said that “the current situation is made hard by the energy shock and AI pulling in opposite directions.”

A fresh wave of selling in AI-linked stocks is pulling Wall Street into one of its worst days in recent memory. A Democratic win in both the upper and lower houses has added fresh worries that AI data center projects could face renewed moratoriums and regulatory pressures.

Bank of Canada (BoC) Governor Tiff Macklem appeared in the House of Commons, saying there may be a need to raise rates further.