Key Tronic Expects $8 Million in Annual Labor Cost Savings
Management also expects a return to profitability in fiscal 2027’s second half, but new program ramps remain uncertain and financing constraints continue to delay shipments.
Day: November 4, 2026
QQQUSDT Perpetual Fell 0.2% in 24-Hour Nov. 3 Snapshot
The contract ranged from $680.46 to $691.49 during the period, with quote volume of 253.8 million Tether (USDT).
Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
Canton Network’s native cryptocurrency rose 4% on Wednesday after the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued a no-action letter stating it views the token as a “digital commodity.”Canton Coin (CC) traded at $0.098 at 10:27 am UTC, but was still down roughly 4.2% over the past week, according to CoinMarketCap.Canton Network is a privacy-focused network that enables banks and financial institutions to tokenize assets, trade and settle transactions across different platforms.In its Tuesday letter, SEC staff accepted the explanation that CC’s value comes from how the network operates and demand for the token, rather than a central team’s efforts to generate profits for holders.The division also said it would not recommend enforcement action over CC’s issuance without securities registration, provided the tokens are created under the conditions described by Canton.In Friday’s letter to the SEC, Canton developer Digital Asset said network participants earn CC by operating infrastructure and applications, with the protocol determining how many tokens they can mint based on their activity.The SEC issued guidance in March distinguishing digital commodities, such as Bitcoin and Ether, from securities. It said these tokens are not themselves securities, although the way they are offered and sold can still be subject to securities laws.The SEC’s response reflects its staff’s position and is not a binding ruling on CC’s legal status.SEC staff previously issued token-related no-action letters to crypto projects, including DoubleZero (2Z) in September 2025 and Solana-native decentralized physical infrastructure network (DePIN) project Fuse in November 2025.Related: NEAR token sinks 7% as proposal to cut annual token issuance passes
DDOG Drops 18.8% in One Hour, Trading at 183.78 USDT
The ticker was down 12.0% over 24 hours at the same observation point.
Uber beats Q3 2026 estimates, targets about 700 driverless vehicles by year-end
Uber’s driverless vehicle expansion could redefine urban mobility, but regulatory hurdles and reliance on partners pose significant challenges. The post Uber beats Q3 2026 estimates, targets about 700 driverless vehicles by year-end appeared first on Crypto Briefing.
James Wynn Liquidated in Major Crypto Shakeup
James Wynn’s recent liquidation marks a significant event in the volatile cryptocurrency market, as reported by the commentator @lookonchain. This incident underscores the precarious nature of trading in a market characterized by rapid fluctuations. The implications of such liquidations can ripple through the broader trading community, raising questions about market stability and trader sentiment. What […]
Binance Links Fake Job Interview to $6.34 Billion Security Incident
The exchange counted 57 suspected North Korea-linked threats stopped in 2026 but did not say whether any were connected to the engineer’s compromise.
Unnamed Cryptographer Warns Bitcoin (BTC) Could Be Overtaken
The warning also said people would not trust Bitcoin if all Bitcoin keys were broken.
Fortune Brands Targets $70 Million in SG&A Savings by Q1 2027
The company also targets underlying EBITDA margins of at least 20% and expects more than $120 million in annual benefits as 2027 ends.
[Futures traders’ picks] XRP coin-margin long share falls 6.33 points; ETH long accounts drop 7.68 points
XRP’s coin-margin long position share fell 6.33 percentage points to 73%. Ethereum and Bitcoin dollar-margin long account shares dropped 7.68 and 7.64 points, respectively.
