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11/5
05:46
According to CNBC, Snap reported third-quarter revenue and daily active users that fell short of market expectations, sending its shares down over 10%. The report also noted that the company's Q3 revenue grew 14% year-over-year, and it plans to adopt global monthly active users as its primary audience metric starting in the first quarter of 2027.
05:40
Crude oil prices fell below $90 a barrel as U.S. Vice President Vance blamed the midterm election losses on the war with Iran. U.S. West Texas Intermediate crude dropped 8.3% intraday to $88.12 a barrel, while international benchmark Brent crude futures fell 8.7% to $94.62.
05:39
Crypto industry organizations are seeking to overturn Illinois's 0.2% asset tax. The tax targets asset value rather than capital gains and requires covered brokers to collect it from Illinois clients.
05:39
Nick Timiraos: A Democratic Senate victory would serve as the most powerful check on Donald Trump's reshaping of the Federal Reserve. If any Federal Reserve Board of Governors vacancies arise in the future, the nominees would require confirmation by a Democratic Senate.
05:39
U.S. stocks rebounded strongly following the Democrats' landslide victory in the midterms and Donald Trump's indication of cooperation, with analysts noting that his stance has eased fears of extreme policies. U.S. stocks staged a significant rebound on Wednesday. Thomas Hempell, Senior Economist at Generali Investments, stated that Donald Trump's acknowledgment of the Democrats' victory in the midterm elections and his openness to cooperation have alleviated market concerns regarding election outcome disputes and polarized confrontation. The market had previously been unsettled by the possibility of legal challenges to the election results. George Saravelos, Global Head of FX Research at Deutsche Bank, pointed out that Donald Trump's acceptance of the results is expected to curb extreme policies and reduce the risk premium.
05:30
Major US stock indices surged across the board: the Dow Jones Industrial Average skyrocketed over 1,569 points, or 3.03%, marking its largest single-day gain since April 2025. The Dow Jones Industrial Average surged 1,569.40 points (or 3.03%) to close at 53,356.12, setting its biggest single-day percentage and point gain since April 9, 2025; the S&P 500 rose 119.70 points (or 1.58%) to 7,688.62; and the Nasdaq Composite climbed 364.50 points (or 1.44%) to 25,736.51. The market rally was primarily driven by falling oil prices and traders betting that a divided government would be favorable for business, which helped offset persistent market concerns over artificial intelligence investments.
05:28
OpenAI officials have put forward policy proposals aimed at shaping a new agenda for the 2028 U.S. presidential election and AI development. In a new essay, OpenAI Global Affairs Chief Chris Lehane called on politicians to craft policies that balance AI advancement with public concerns, outlining five policy priorities covering worker protection, education, AI safety, and data center development to secure policy support for the continued expansion and widespread adoption of the AI industry.
05:13
Meta has acquired AI coding startup Conductor to enhance its AI programming capabilities. Conductor allows users to launch software projects by deploying multiple agents across parallel workspaces.
05:10
France's Crédit Mutuel Arkéa has confirmed it suffered a cyberattack, in which hackers carried out fraudulent transfers from its own accounts via a service provider platform, while customer funds remained unaffected. On-chain investigator ZachXBT previously claimed that the incident involved over $133 million. The bank stated that it cannot confirm the specific figure, but verified that the magnitude is correct.
05:04
QUALCOMM Incorporated(QCOM) Q4
EPS: 2.17 USD; Forecast 2.16 USD
Revenue: 10.32B USD; Forecast 10.12B USD
Reporting period: 2026 Q4 (period ended 2026-09-28)
Release date: 2026-11-04
05:00
According to *The Wall Street Journal*, citing people familiar with the matter, British pharmaceutical giant AstraZeneca made an acquisition offer of $124 per share, totaling approximately $10 billion, to biopharmaceutical company Rhythm Pharmaceuticals last month, aimed at expanding its rare disease treatment portfolio.
04:51
Strategy's perpetual preferred stock, STRC, hit $100 on November 4 for the first time since May, reaching the minimum price at which the company currently plans to issue new shares through its ATM program. Strategy repurchased approximately $2.25 billion worth of STRC between July and November 1. As of November 1, $17.51 billion remained available under the program, and returning to $100 could pave the way for resuming STRC issuances to fund Bitcoin purchases.
04:39
Bitcoin rebounded to around $80,000 as a Democratic sweep of Congress triggered a short squeeze. After dropping to an election-night low of $75,600, Bitcoin staged a rebound. As the Democrats secured control of both houses of Congress, market uncertainty dissipated and triggered a short squeeze. Across the crypto market, approximately $950 million in positions were liquidated over a 24-hour period, with Bitcoin short positions accounting for 76% of the total. During the same period, U.S. equities strengthened, while WTI and Brent crude oil plummeted over 9% amid easing expectations regarding the U.S.-Iran conflict.
04:33
The U.S. Department of the Treasury has announced a new round of Iran-related sanctions, with Treasury Secretary Scott Bessent warning that countries and entities are "either with us or against us." Bessent stated that the latest sanctions are part of a U.S. pressure campaign targeting Iran's global financial interests, codenamed "Operation Economic Outcast," adding that the U.S. will impose sanctions on any entity continuing to support the Iranian regime via land, sea, or air.

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