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The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 23:04 on November 7 in Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang (42.65 degrees north latitude, 83.08 degrees east longitude),

2026-11-07

The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 23:04 on November 7 in Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang (42.65 degrees north latitude, 83.08 degrees east longitude), with a focal depth of 15 kilometers.

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2026-11-07

Berkshire Hathaway (BRK.A, BRK.B) reported third-quarter operating profit declined 6% to $12.71bn from $13.49bn a year earlier, citing weaker insurance underwriting. The firm repurchased $9.6bn of stock in the quarter, additional to $4.8bn bought ear

Berkshire Hathaway (BRK.A, BRK.B) reported third-quarter operating profit declined 6% to $12.71bn from $13.49bn a year earlier, citing weaker insurance underwriting. The firm repurchased $9.6bn of stock in the quarter, additional to $4.8bn bought earlier this year. Operating profit equated to roughly $8,954 per Class A share. Net profit fell 28% to $22.11bn, including unrealized gains and losses on securities the company still holds.
2026-11-07

GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000

GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000 yuan, a roughly 20% drop. Vendors say distributors and retailers had pre-stocked inventory, amplifying price swings and producing significant intra-day volatility. Despite the correction, average retail prices for the RTX The 50 series remains about 1.7x MSRP, leaving earlier gains largely intact. Huaqiangbei price moves have drawn overseas buyers; visits and cross-border procurement for GPUs and memory have intensified, with one merchant saying foreign customers made up over 50% of October sales.
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