2CRSi SA: Binding order of over €60 million1: 2CRSi to deliver 83 NVIDIA HGX B300 AI servers to Exaion by the end of 2026

US stock futures were mixed on Tuesday, with AAPL down 4.5% premarket due to margin concerns despite strong Q4 revenue. ORCL rose 0.4% after a $20B share sale plan. PLTR fell 5% despite beating earnings. NVDA gained 1.3%, MRVL up 2% on acquisition news, AMD up 2.4% ahead of earnings. AEHR surged 15.5% on record revenue and strong outlook. Midterm elections and earnings calendar also in focus.

Meta plans to raise up to $95B through stock sales, joining other Big Tech firms like Alphabet, Amazon, and NVIDIA in seeking large-scale financing for AI expansion. These companies are turning to debt and equity markets, marking a shift from relying solely on operating cash. Meta's plan includes a $35B stock offering and a $60B at-the-market program, pending Class C share trading in early 2027.

Nvidia reportedly requires cloud partners to sell at least 51% of services outside China for future contracts, according to the Financial Times. The company did not confirm the report but emphasized the importance of American chip infrastructure in a statement. China's foreign ministry called for fair treatment of all companies.

Nvidia (NVDA) has asked data center partners to limit sales to Chinese customers, requiring at least 51% of services to be sold to non-Chinese companies, according to the Financial Times. The move aims to reduce Chinese access to advanced U.S. chips for AI development, amid ongoing U.S. restrictions on such sales. The instructions were delivered verbally, not in writing.

Marvell agreed to acquire Lumentum in an all-stock deal valued at $115 billion. Lumentum shareholders will receive 4.5 Marvell shares per share, owning 33% of the combined company. Nvidia invested $2 billion in each company earlier this year. The deal aims to capitalize on AI data center growth and is expected to close in early 2028, pending approvals.

The Nasdaq Composite fell 1.07% to 25,164.36 on 2 November 2026, reversing an early rally. Tech stocks led losses, with Oracle down 8% after a $20B capital raise, AMD and Micron also declining. Marvell and Lumentum fell sharply after their $115B merger deal. Apple reported earnings but slipped 1% after hours. Investors are concerned about AI spending and growth.