U.S. Stock Market's Three Major Indexes Open Higher, Crypto-related Stocks Experience a General Decline
By: theblockbeats.news|2025/11/03 15:02:53
BlockBeats News, November 3, at the opening of the U.S. stock market, the Dow rose 0.28%, the S&P 500 rose 0.53%, and the Nasdaq rose 0.96%. Amazon (AMZN.O) opened up about 4.5% as the company signed a $38 billion deal with OpenAI to provide NVIDIA chip computing power support. NVIDIA (NVDA.O) rose 2.7% as reports indicated the U.S. has approved Microsoft's first export of the latest NVIDIA chips to the UAE.
As for cryptocurrency-related stocks, MSTR fell 1.59%, CRCL fell 2.14%, COIN fell 2.56%, SBET fell 4.37%, and BMNR fell 5.29%.
Cipher Mining, a mining firm, saw its stock price surge by nearly 30% after striking a $5.5 billion leasing deal with Amazon Web Services.
In the past hour, $260 million in positions were liquidated across the entire network, mainly long positions.
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