Chess Morning Briefing | 2026.11.12 Thursday

When the mountains are steep and the waters seem to block the way, a shaded willow and bright flowers reveal another village. — Song dynasty, Lu You, “A Visit to Shanxi Village”

U.S. stocks rallied: S&P 500 +1.31%, Nasdaq +1.60%; BTC $73,837, with BTC ETFs seeing net outflows for the fourth consecutive day.
Anthropic IPO: Seven chip and cloud companies subscribed for $26 billion at the IPO price. U.S.-Russia-Ukraine talks in Abu Dhabi concluded without a breakthrough on a ceasefire, but the parties agreed in principle to a large-scale prisoner exchange.

Global headlines in the past 24 hours 👇
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