WEEX Exclusive：CoreWeave Earnings Drive an AI Rebound, Bitcoin Trades in a Narrow Range | WEEX Daily Market Brief (November 12, 2026)

Today’s Digest

• At the November 11 close, the three major indexes all closed higher.
• CoreWeave’s strong earnings drove a rebound in technology stocks.
• Bitcoin treasury companies’ purchase-to-sale ratio fell below 90%.
• ZEC lost the $1,000 level.
• GRAM rebounded in the short term.
• On November 12, watch for Nebius and Ondas before the open, and Cerebras, Applied Materials, and Cisco after-hours earnings.

Crypto Highlights

1）BTC and ETH Remain in a Narrow Range

Capriole fund founder Charles Edwards posted that Bitcoin treasury companies are “capitulating.” The ratio of their cumulative purchases to sales has just fallen below 90%. Historically, this has happened only three times, and each time it was a good buying opportunity. He believes that although companies are selling (capitulating) in the short term, historically this is a positive signal for Bitcoin. Bitcoin is around $73,000–$74,000, while Ethereum is around $2,000–$2,100.

Watchlist: BTC, ETH

Spot: BTC / ETH

Futures: BTC / ETH

2）ZEC Falls Nearly 5% in 24 Hours, Losing the $1,000 Support Level

ZEC fell nearly 5% in 24 hours and lost the $1,000 support level. Recently, about 90% of large ZEC long holders have fallen into losses, and multiple large holders have been liquidated in succession. Markets are watching sentiment in the privacy sector and subsequent support levels.

Watchlist: ZEC

Spot: ZEC

Futures: ZEC

3）GRAM Rises Nearly 5% in 24 Hours

GRAM recently experienced a pullback and dipped below the $1 psychological level before rebounding from support. In addition, listed company TONX reaffirmed its plan to maximize GRAM exposure during its 2026 Q3 earnings call.

Watchlist: GRAM

Spot: GRAM

Futures: GRAM

4）WEEX Becomes the First Platform to Support MIHAO

Well-known trader Ansem recently posted in support of the meme coin “mihao,” prompting a short-term surge. Ansem said the meme coin “mihao” could bring positive on-chain sentiment back. The token has an avatar-based community identity that supports social sharing and community growth. It also includes Mandarin-language elements and could bring together large holders from East and West to buy. Earlier, Ansem changed his X avatar to one pointing to the meme coin “mihao,” based on a cat saying “nihao” in Mandarin pinyin.

Watchlist: MIHAO

Spot: MIHAO

Futures: MIHAO

Stock Highlights

1）Three Major Indexes Close Higher; CoreWeave Earnings Drive an AI Rebound

CRWV rose over 9% in 24 hours. Stocks strengthened overall yesterday, with the three major indexes all closing higher. Technology stocks led gains and volatility declined, showing a clear recovery in market risk appetite. AI themes reignited market sentiment. CoreWeave’s strong earnings drove semiconductor, AI cloud, and data center-related stocks higher, with Nvidia, AMD, Super Micro, and related sectors moving together.

Watchlist: CRWV, SNDK, AMD

Spot: CRWV / SNDK / AMD

Futures: CRWV / SNDK / AMD

2）Nvidia Board Rumors Continue; Shares Fall Over 6% in 24 Hours

NVDA fell over 6% in 24 hours. Prediction markets showed that the probability of “Yes” on the question “Will Jensen Huang announce his resignation or be removed before December 31?” surged to 88% after related reports appeared. Rumors that the Nvidia board was preparing to remove Jensen Huang drove an after-hours decline.

Watchlist: NVDA

Spot: NVDA

Futures: NVDA

3）MSCI Adds Strategy to Its Deletion List

MSTR fell nearly 1% in 24 hours. MSCI announced the results of its November global standard index review, and Strategy (MSTR, formerly MicroStrategy) Class A shares were added to the MSCI index deletion list. The adjustment is based on price cutoff data as of October 20 and will take effect after the close on November 30.

Watchlist: MSTR

Spot: MSTR

Futures: MSTR

4）Berkshire’s One-Month Outperformance Reaches a Recent High, Up Nearly 1% in 24 Hours

Berkshire Hathaway is experiencing a historic revival. Over the past month, its performance outpaced the S&P 500 by about 19.2 percentage points, its largest rolling monthly outperformance since 2010 and the fourth-largest in 30 years.

Watchlist: BRKB

Spot: BRKB

Futures: BRKB

5）Global Central Banks Sharply Increase Gold Purchases in Q3

PAXG (GOLD) fell over 1% in 24 hours. Global central banks purchased more than 321 tons of gold in the third quarter of 2026, the largest quarterly purchase since the fourth quarter of 2024 and the fifth-largest on record. Central bank gold purchases rose 8% from more than 296 tons in the second quarter of 2026 and increased 453% from the first quarter of 2026. Year to date, global central banks have purchased more than 675 tons, up 6% from the same period in 2025.

Watchlist: GOLD

Spot: GOLD(PAXG)

Futures: XAUT

Today’s Preview

Several companies will report results on November 12 across AI cloud, semiconductor equipment, and network equipment. Investors will focus on demand and guidance.

1）Nebius (NBIS) — November 12 Pre-Market

Consensus expects a loss of about $0.61–$0.69 per share and revenue of about $908 million. AI cloud capacity, customer commitments, and capital expenditure are central; its guidance will affect sentiment in the AI infrastructure sector.

Watchlist: NBIS

Spot: NBIS

Futures: NBIS

2）Ondas (ONDS) — November 12 Pre-Market

Consensus expects a loss of about $0.14 per share and revenue of about $148 million. Order growth and scaling are central; its results will reflect demand related to industrial IoT and drones.

Watchlist: ONDS

Spot: ONDS

Futures: ONDS

3）Cerebras (CBRS) — November 12 After Hours

Consensus expects a loss of about $0.13–$0.16 per share and revenue of about $224 million. AI chip shipments and customer progress are central; its guidance will affect pricing in the dedicated AI hardware sector.

Watchlist: CBRS

Spot: CBRS

Futures: CBRS

4）Applied Materials (AMAT) — November 12 After Hours

Consensus expects earnings per share of about $4.05–$4.06 and revenue of about $10.3 billion. Advanced process nodes, high-bandwidth memory, and packaging demand are central; its guidance will reflect semiconductor equipment conditions.

Watchlist: AMAT

Spot: AMAT

Futures: AMAT

5）Cisco (CSCO) — November 12 After Hours

Consensus expects earnings per share of about $1.15–$1.32 and revenue of about $18.1–$18.2 billion. AI network orders, software subscriptions, and capital expenditure are central; its results will affect sentiment in the network equipment sector.

Watchlist: CSCO

Spot: CSCO

Futures: CSCO

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