financial service marketed and sold as a packaged commodity
Key FactsDemocrats take control of Congress as Dow rises
12 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- The Dow gained 1,045 points, or 2%, shortly after the opening bell; the S&P 500 rose 1.25% and the Nasdaq 1.3%.
- US government bonds strengthened and yields fell, while the dollar weakened against a basket of major currencies.
- Democratic victories in Texas raise questions about possible moratoriums or restrictions that could slow the expansion of AI data centers.
- Tesla and SpaceX shares each fell about 5%, amid uncertainty over Elon Musk’s future relationship with Texas.
Key FactsTrump says voters balked at higher gasoline costs
11 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- Trump said voters were probably unwilling to bear higher gasoline costs as a short-term consequence of the Iran war.
- Democrats won majorities in the House and Senate, leaving Trump facing a Congress fully controlled by the opposition.
- On November 3, regular gasoline in the US averaged about 36% more than a year earlier, according to AAA.
- US diesel prices rose about 70% on average and reached record highs this fall in all but three states.
“People agree with what I'm doing in Iran, but they really, probably weren't willing to do the short-term consequence of paying more for gasoline.”— Donald Trump said this on a phone call with Fox News as he reflected on the midterm results.
U.S. stocks surge, and the Dow soars 1,500 points as Brent oil's price drops below $95 per barrel
pbs.org/newshour/economy/u-s-stocks-surge-and-the-dow-soars-1500-points-as-brent-oils-price-drops-below-95-per-barrel
SpaceX signs deal with Qualcomm to provide network technology for U.S. mobile service
cnbc.com/2026/11/04/spacex-strikes-deal-with-qualcomm-for-mobile-network-infrastructure.html
Caitlin Clark signs as first-ever brand partner with Dick's and Foot Locker : Caitlin Clark signed a multiyear deal with Dick's Sporting Goods and Foot Locker ...
cnbc.com/2026/11/04/caitlin-clark-signs-as-first-brand-partner-with-dicks-foot-locker-.html
Oil prices drop below $100 as midterms fuel hope for an end to the Iran war: Oil prices dropped sharply Wednesday, propelled by growing hopes for a resolution in ...
nbcnews.com/business/energy/oil-prices-iran-war-midterms-rcna607448
Key FactsBrent falls below $100 for first time since October
10 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: nbcnews.com
Summary created with AI assistance · Source: nbcnews.com
- Despite the decline, oil prices remained 65% higher than at the start of the year.
- The average gasoline price was $4.12 Wednesday morning, 39% above its level before the Iran war began on Feb. 28.
- GasBuddy analyst Patrick De Haan said the national average gasoline price could fall below $4 in the coming days.
- U.S. diesel futures fell nearly 7% by midday Wednesday, reaching their lowest level since the end of August.
Dow surges 1,000 points as Democrats take control of Congress: Stocks jumped on Wednesday morning, just hours after results showed a blue wave.
abcnews.com/Business/dow-surges-1000-points-democrats-control-congress/story
Maple Leaf plans to hike prices for food products early next year: Adjustment is necessary to offset inflated costs of poultry, energy, labour and packaging ...
theglobeandmail.com/business/economy/article-maple-leaf-foods-earnings-price-hike/
Delays in major orders: Rheinmetall lowers its 2026 forecast again: Due to likely delays in major orders and artillery ammunition, the arms manufacturer ...
manager-magazin.de/unternehmen/rheinmetall-senkt-prognose-2026-erneut-a-8650a9f5-56f5-4d99-94c4-26b1614787a2
Key FactsDemocrats Flip Senate, Approach House Majority
21 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: huffpost.com
Summary created with AI assistance · Source: huffpost.com
- Democrats flipped the Senate and appear headed for a House margin of perhaps 70 seats.
- From January, Trump's legislative agenda is likely to stall, while confirming his judicial nominees will become nearly impossible.
- Democrats are likely to investigate in both chambers; Robert Garcia pledged inquiries into the Epstein files, ICE, and Trump's self-dealing.
- After the Iran war began, gasoline rose by more than a dollar per gallon; diesel and heating oil nearly doubled in cost.
“Tonight is a total repudiation of Trump and Trumpism. There is a God.”— Mac Stipanovich, a longtime Republican consultant in Florida, said this in response to the election results and Democratic gains.
Apple is reportedly cutting budgets for its internal AI usage: The company is said to be significantly dropping the amount it's spending on AI for its ...
techcrunch.com/2026/11/04/apple-is-reportedly-cutting-budgets-for-its-internal-ai-usage/
3M stock soars following $7.35 billion 'forever chemicals' settlement: Shares of 3M hit an 8-1/2-year high on Wednesday after the industrial products company ...
reuters.com/legal/litigation/3m-stock-soars-following-735-billion-forever-chemicals-settlement-2026-11-04/
Key FactsBild reports Union may lose sugar-tax majority
10 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- Hoffmann wants to defer the sugar tax until the start of 2028; its current schedule sets the launch for July 1, 2027.
- Bild reports that all 12 Union agricultural policy members planned to oppose the tax; budget and finance lawmakers were also reportedly against it.
- The CSU rejects a plastic levy and seeks a later start for the alcohol tax, currently scheduled for the beginning of 2027.
- Hoffmann says labor-market and income-tax reforms should pass through parliament simultaneously under an agreement with the SPD.
Somebody did their homework. 📚
Duolingo beat estimates on revenue and earnings, raised its guidance, and reported nearly 65 million daily users ... Show more
finance.yahoo.com
finance.yahoo.com
Oil and data centre stocks sink after US midterms: Oil, chip stocks and the dollar were under pressure in Asia on Thursday and just about everything else was up ...
reuters.com/business/energy/global-markets-global-markets-2026-11-05/
Ukraine Bonds Rise as Democrat Victory Boosts US Support Expectations: Ukraine’s dollar bonds jumped on a bet that a landslide victory by Democrats in US midterm ...
bloomberg.com/news/articles/2026-11-04/ukraine-bonds-jump-as-democrat-win-seen-helping-defense-efforts
Paid articlePaywallStocks surged and oil prices fell as markets responded to the midterm rout: Voters in many states favored limits on AI, a key driver of the economy ...
washingtonpost.com/business/2026/11/04/sp-500-climbs-after-democrats-sweep-midterms/
Trump Media stock plunges after midterms: Shares in the president's media company sank to an all-time low after the midterm rebuke of the GOP.
washingtonpost.com/technology/2026/11/04/trump-media-stock-plunges-after-midterm/
Sequoia hits rewind, undoing 20 years of expansion: Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it ...
techcrunch.com/2026/11/04/sequoia-hits-rewind-undoing-20-years-of-expansion/
French bank Credit Mutuel Arkea counting losses from cyberattack: France's Credit Mutuel Arkea said on Wednesday it was trying to recover funds stolen in ...
reuters.com/technology/french-bank-credit-mutuel-arkea-hit-by-cyberattack-2026-11-04/
$UBER reported its Q3 earnings Wednesday morning:
💰 Revenue: $14.77 billion vs. $14.65 billion, expected
🪙 EPS: $0.88 vs. $0.87 ... Show more
Goldman, Apollo seek buyers for $40 billion SpaceX AI chip deal, Bloomberg News reports
reuters.com/legal/transactional/goldman-apollo-seek-buyers-40-billion-spacex-ai-chip-deal-bloomberg-news-reports-2026-11-04/
BREAKING: Democrats have officially won control of both the House and the Senate in the US midterm elections, securing 54 Senate seats and taking the majority ... Show more
Trump says US will stop $4 billion in funding to Israel at end of 2026: US president says financial support to Israel was used as a talking point to criticise ...
irishtimes.com/world/us/2026/11/03/trump-says-us-will-stop-4-billion-in-funding-to-israel-at-end-of-2026/
CNBC 11h
AMD CEO Lisa Su: It is a very strong time in terms of demand for compute: AMD CEO Lisa Su joins 'Squawk on the Street' to discuss Q3 earnings ...
cnbc.com/video/2026/11/04/amds-lisa-su-our-data-center-business-will-grow-50-percent-into-q4.html
DWP confirms exact date £300 Winter Fuel Payments start landing in accounts: Officials at the Department for Work and Pensions have said three groups will need ...
walesonline.co.uk/news/cost-of-living/dwp-confirms-exact-date-300-34859406
Hipkins puts job on the line over no new taxes beyond CGT: Hipkins puts job on the line over no new taxes beyond CGT
odt.co.nz/news/national/hipkins-puts-job-on-the-line-over-no-new-taxes-beyond-cgt-kdn2prg1
US midterm results a 'victory' for Canadians hopeful of tariff relief: With Canada-US trade talks back on, Tuesday’s midterm Democratic wave puts pressure on the ...
bbc.com/news/articles/cqev3mw3e0kdo
Iranian leaders say midterm results show U.S. voters have rejected Trump's war
pbs.org/newshour/world/iranian-leaders-say-midterm-results-show-u-s-voters-have-rejected-trumps-war
Democrats won on affordability. Whether they can deliver it is a different story.
nbcnews.com/politics/2026-election/democrats-affordability-promise-midterms-trump-rcna607409
AMD expects to outsell Intel in Q4 for the first time in history — $17B guidance would exceed Intel's projections
tomshardware.com/pc-components/cpus/amd-expects-to-outsell-intel-in-q4-for-the-first-time-in-history-usd17b-guidance-would-exceed-intels-projections
Trump’s midterm drubbing demonstrates the power of data center opponents: Investors say the artificial intelligence boom that has propelled U.S ...
ebx.sh/x22ibH
OpinionWe need a serious fiscal anchor, less debt and a cautious budget: Credible fiscal anchors force governments to make tough choices. How is the government going to ...
financialpost.com/opinion/fp-comment/we-need-a-serious-fiscal-anchor-less-debt-and-a-cautious-budget/
Trump says $4 billion in Israel military aid will end this year, citing political reasons
abcnews.com/Politics/trump-israel-aid-end-year-citing-political-reasons/story
CNN's John King shares how gas prices, the war with Iran, and other policies championed by President Trump and Republicans punished their voters ... Show more
US Senate Democratic Leader Chuck Schumer accuses President Donald Trump of being “the most corrupt president in American history ... Show more
Waymo confirms it’s shaking up its Uber relationship in January 2028: The change will set up direct competition in those markets, as Uber has many other ...
techcrunch.com/2026/11/04/waymo-confirms-its-shaking-up-its-uber-relationship-in-january-2028/
Apple Reports 4Q 2026 Results: $30.7B Profit on $114.5B Revenue: Apple today announced financial results for the fourth fiscal quarter of 2026 ...
macrumors.com/2026/11/02/apple-4q-2026-earnings/
Key FactsApple beats revenue forecast, misses China and iPad estimates
2 days ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- John Ternus presented quarterly results as Apple CEO for the first time on Monday; he had succeeded Tim Cook on September 1.
- China revenue was $17.54 billion, below analysts’ $18.75 billion estimate; iPad revenue was $6.23 billion against an expected $6.83 billion.
- The iPhone segment generated $57.58 billion in revenue, above analysts’ estimate of $56.48 billion.
- Gross margin was 47.9%; CFO Kevan Parekh said tariff refunds had masked an approximately one-point sequential decline in company and product margins.
Democrats' sweeping midterm victory, and particularly their coming control of the US Senate, strengthens the Federal Reserve against President ... Show more
Eurozone inflation rises to 4.0 percent in October: Inflation in the eurozone is expected to have risen to a new three-year high in October due to high energy ...
t-online.de/finanzen/aktuelles/wirtschaft/id_101512390/inflation-im-euroraum-steigt-im-oktober-auf-4-0-prozent.html
Elon Musk Wasted Nearly Half a Billion Dollars on Major Midterm Defeats: Elon Musk gave Republicans over $445 million. Democrats still won the House ...
newsweek.com/elon-musk-donate-republican-campaigns-midterms-elections-2026-12660475
Nearly half of voters saw midterm election as a rebuke of Trump, NBC News Exit Poll shows
nbcnews.com/politics/2026-election/exit-poll-trump-midterms-voters-economy-disapproval-rcna607045
Key FactsNBC News exit poll: 43% cite opposition to Trump
1 days ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: nbcnews.com
Summary created with AI assistance · Source: nbcnews.com
- Forty-three percent said opposing Trump was one reason for their vote, a much higher share than in 2018.
- The poll found that 38% approved of Trump's performance, compared with 45% in the 2018 midterm election.
- Seventy-five percent viewed the U.S. economy as being in rough shape; 65% said Trump's policies had worsened economic conditions.
- Thirty-nine percent named the economy as the country's top issue, followed by the state of democracy at 32%.
After forcing off more than 200 passengers who had paid tens of thousands of dollars to live on board for years, the Villa Vie Odyssey cruise ship departed ... Show more
Ibori loses appeal over £102million corrupt assets forfeiture: Mr Ibori had sought to reduce the forfeiture order by about £4.3 million, from £101 ...
premiumtimesng.com/regional/south-south-regional/922480-ibori-loses-appeal-over-102million-corrupt-assets-forfeiture.html
Suncor, Cenovus ride refining boom to record-setting results : Two of Canada's biggest oil producers, Suncor Energy Inc. and Cenovus Energy Inc. ...
financialpost.com/energy/oil-gas/suncor-cenovus-ride-refining-boom-to-record-setting-results/
Lachlan Murdoch acknowledges Fox News ratings dip, citing ‘viewer fatigue’: The Fox Corporation CEO assured investors that the cable network is still king.
washingtonpost.com/business/2026/11/03/lachlan-murdoch-acknowledges-fox-news-ratings-dip-citing-viewer-fatigue/
Shares Of Musk’s Firms Slide—But Stock Futures Rise After Democrats Take Control Of Congress
forbes.com/sites/fionariley/2026/11/04/tesla-spacex-and-ai-stocks-slide-after-democrats-take-congress/
people.com 9h
A mother and her 20-year-old daughter have been killed in a suspected grizzly bear attack. Click the link in the first comment for the full story ⬇️
📷: ... Show more
people.com/mother-and-daughter-killed-in-suspected-grizzly-bear-attack-12235703?taid=6aeb7b38e9cbd60001c44b24
people.com/mother-and-daughter-killed-in-suspected-grizzly-bear-attack-12235703?taid=6aeb7b38e9cbd60001c44b24
How Sound Transit seeks to borrow more money, avoid more delays: From 2037 to 2045, Sound Transit expects to carry $25 billion to $30 billion of debt ...
seattletimes.com/seattle-news/transportation/how-sound-transit-seeks-to-borrow-more-money-avoid-more-delays/
Nigeria back from brink, but human cost of reforms must be addressed — Sanusi: Mr Sanusi pointed to the nation’s gross domestic product (GDP), which grew by 4 ...
premiumtimesng.com/regional/nwest/922749-nigeria-back-from-brink-but-human-cost-of-reforms-must-be-addressed-sanusi.html
Ontario couple hit with $60,000 hospital bill despite having travel insurance: A Collingwood couple who travelled to Barbados this winter says they were stunned ...
ctvnews.ca/toronto/article/ontario-couple-hit-with-60000-hospital-bill-despite-having-travel-insurance/
Key FactsTrump says U.S. will end $4 billion Israel aid
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: huffpost.com
Summary created with AI assistance · Source: huffpost.com
- Trump said the U.S. would stop providing Israel with $4 billion annually after 2026.
- The funding Trump meant was unclear; a memorandum for $3.8 billion in annual military aid is due to expire in 2028, with talks on what follows.
- In May, Netanyahu said he hoped Israel could end its reliance on U.S. military aid within a decade.
- Quinnipiac found 48% of voters and 66% of Democrats saw too much U.S. support for Israel in June, versus 16% and 20% in 2017.
“We’ve already agreed that by the end of this year we won’t be paying Israel. Now we’ll help Israel if they need it.”— U.S. President Donald Trump said this on Fox News’ Fox & Friends, referring to his agreement with Israeli Prime Minister Benjamin Netanyahu.
De Havilland getting up to $2.5B in federal financing to ramp up water bomber production
globalnews.ca/news/12134917/de-havilland-water-bomber-production-federal-financing/
Sources: BC Partners pulls out of LIV Golf financing deal - ESPN: With not enough top golfers committed to return in 2027, BC Partners is pulling out of its deal ...
espn.com/golf/story/_/id/50382095/bc-partners-pulls-liv-golf-financing-deal
HP taps ex-GSK boss Emma Walmsley as CEO amid sales crunch: New CEO brings pharmaceutical and consumer expertise to tech hardware sector
timeslive.co.za/news/sci-tech/2026-11-04-hp-taps-ex-gsk-boss-emma-walmsley-as-ceo-amid-sales-crunch/
Tinubu’s Education Reforms: FG disburses ₦372.62bn in student loans, trains 156,446 TVET beneficiaries
premiumtimesng.com/news/top-news/922738-tinubus-education-reforms-fg-disburses-₦372-62bn-in-student-loans-trains-156446-tvet-beneficiaries.html
