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Foxconn reported October revenue up 46% YoY to NT$1.31 trillion ($39.7bn), driven by AI infrastructure build-out and sustained demand for NVIDIA-based servers. September revenue rose 38% YoY to a record NT$1.16 trillion, leaving Q3 revenue up 47% YoY

2026-11-05

Foxconn reported October revenue up 46% YoY to NT$1.31 trillion ($39.7bn), driven by AI infrastructure build-out and sustained demand for NVIDIA-based servers. September revenue rose 38% YoY to a record NT$1.16 trillion, leaving Q3 revenue up 47% YoY at NT$3.03 trillion, about 7% ahead of consensus. Cloud and networking units—fueled by AI server orders—led growth, while computing products and components also posted strong gains; consumer electronics revenue was flat despite higher iPhone ASPs. Analysts Steven Tseng and Rebecca Wang say momentum should continue into Q4 as Vera Rubin shipments ramp and seasonal IT demand provides tailwinds.

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2026-11-04

Citigroup: We expect gold to reach a target price of $4,500 per ounce in the next 0 to 3 months and $5,000 per ounce in the next 6 to 12 months.

Citigroup: We expect gold to reach a target price of $4,500 per ounce in the next 0 to 3 months and $5,000 per ounce in the next 6 to 12 months.
2026-11-05

Spot gold briefly breached $4,090/oz, up 0.75% intraday.

Spot gold briefly breached $4,090/oz, up 0.75% intraday.
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