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Top story Democrats Win Congress, Hinojosa Takes Texas Governor Race as Markets Weigh Fallout
Bloomberg

A Democratic sweep of Congress and the Texas governor's mansion reshapes the political backdrop for tax, tech and energy policy, though Trump retains veto power and markets pared early losses.

full coverage →politicselectionsmarkets
The VergeMidterm elections 2026: all the newsThe Wall Street JournalMidterm Candidates Make Final Appeals to VotersSfexaminerDemocrat wins race for Texas governor in tectonic upsetNbcnewsDemocrat Gina Hinojosa takes down Texas Gov. Greg Abbott in stunning resultTexastribuneDemocrat Gina Hinojosa topples Greg Abbott to become first Latina governor of TexasKomonewsTexas 'blue wave' ends GOP monopoly; Dems win Senate and governor races in historic shiftThe GuardianDemocrat Gina Hinojosa defeats Texas governor Greg Abbott in stunning upsetPbsDemocrat Gina Hinojosa wins election for governor in TexasReutersDemocrat Gina Hinojosa defeats Texas Governor Abbott in a stunning upsetMotherjonesGina Hinojosa Wins Texas Governor’s Race in Political EarthquakeNprDemocrat Gina Hinojosa wins race for Texas governor, ousting Greg AbbottThe New York TimesGina Hinojosa Wins Texas Governor Race in Major Upset, Defeating Greg AbbottNews3lvHinojosa defeats Abbott, becomes first Democratic Texas governor since 1995
AMD Forecast Tops Estimates as Data Center Demand Drives Record Quarter
Bloomberg

AMD's blowout forecast signals AI chip demand remains strong, reinforcing its position as Nvidia's main challenger in data center processors.

full coverage →semiconductorsearningsai
The VergeAMD rides data center riches to ‘largest and most profitable’ quarter in historyReutersAMD forecast eases AI spending fears as data-center sales surgeYahooAMD data center revenue nearly doubles as Q4 outlook beats expectationsCNBCAMD's Su explains what's behind massive forecast change as stock roars 19% on earningsInvestopediaAMD Stock Pops as AI Powers Strong Data-Center DemandYahooSuper Micro shares jump as revenue surges, and full-year outlook tops estimatesDeloitte2026 Global Semiconductor Industry OutlookTradingviewAMD’s AI Boom Puts It On Track To Outsell Intel For The First Time – Analysts See More Room To GrowPewresearchWhat we know about energy use at U.S. data centers amid the AI boomMckinseyThe data center balance: How US states can navigate the opportunities and challengesInvestingEarnings call transcript: AMD tops Q3 2026 estimates as stock jumps after hoursTradingkeyAMD Stock Price Forecast: Q3 Earnings Beat Expectations, Shares Jump Over 5% After Hours, Could Reach $600ChannelnewsasiaAMD forecasts quarterly revenue above estimates as data-center revenue hits record
Nvidia's China Clients to Receive Only 1% of $70 Billion in RTX Chips Ordered
Bloomberg

Production constraints mean Chinese AI developers will get a small fraction of ordered Nvidia chips, deepening supply tightness in the AI buildout.

full coverage →semiconductorschinasupply-chain
YahooNvidia China clients to get 1% of $70 bln RTX chips ordered- BloombergInvestingNvidia China clients to get 1% of $70 bln RTX chips ordered- BloombergFourweekmbaNvidia’s China Clients Expect 1% of $70B in RTX Chip OrdersBiggoNvidia to Fill Just 1% of 6 Million Chinese AI Chip Orders: 'Money Can't Buy Them'SedailyNvidia to Fill Just 1% of Chinese Chip Orders Amid Supply CrunchShiftdeleteNvidia RTX Pro 5500: China Orders $70B, Expects Only 1%InvestingNvidia China clients to get 1% of $70 bln RTX chips ordered- BloombergStocktwitsNvidia’s Reported $70B China Chip Rush Faces A RoadblockGlobalbankingandfinanceByteDance, Alibaba, Tencent Order $35B+ Nvidia Chips Amid US CurbsTikrNvidia Could Exploit “Completely Legal” China Loophole Worth Billions. But It (Probably) Won’t.NvidiaNVIDIA Announces Financial Results for Second Quarter Fiscal 2026CryptobriefingNvidia allocates 1% of $70B RTX chip order to China clientsYahooNvidia China clients to get 1% of $70 bln RTX chips ordered- Bloomberg
Canva Cuts 22% of Staff in AI-Driven Overhaul
The Verge

The Australian design software maker is eliminating 1,271 roles as it restructures around AI, one of the largest tech workforce cuts announced this week.

full coverage →layoffssoftwareai
BloombergCanva Announces Layoffs, Job Changes for About 22% of WorkforceBloombergCanva Announces Layoffs, Job Changes for About 22% of WorkforcePeoplemattersglobalCanva layoffs: 22% employees to exit, company offers six months' salary to affected staffBusinesstodayCanva layoffs: Design platform cuts over 1200 jobs in major business overhaulMoneycontrolCanva announces layoffs, job changes for about 22% of workforceFourweekmbaCanva Hits 22% of Staff, Waives Vest Cliff, Adds $10K GrantsCapitalbrief🔁 Hard rebootExchange4mediaCanva to cut 1,271 jobs, affecting 22% of workforceNews18Canva Layoffs 2026: 1,271 Employees Face Job Cuts, Role Changes And RelocationReutersMicrosoft to cut 4,800 jobs, overhaul Xbox unitPeoplemattersTech companies laid off nearly 1 lakh employees in 2025LivemintCanva layoffs: Over 1,200 staff to lose job, CEO Melanie Perkins calls it 'hardest moment in our 13-year history'MSNCanva layoffs and the AI question: Why a design giant is cutting 22 percent of staff without once naming AI
Marvell to Buy Lumentum for $115 Billion in All-Stock AI Deal
The Wall Street Journal

The all-stock acquisition would consolidate AI connectivity hardware, a key bottleneck in scaling data center networks.

full coverage →semiconductorsm&aai
CNBCLumentum CEO touts 'enormous' opportunity in massive AI connectivity deal with MarvellReutersMarvell doubles down on AI boom with costly $115 billion Lumentum dealBusiness InsiderMarvell stock dips as the chip firm wagers $115 billion on the AI data-center boomForbesMarvell To Buy Lumentum For $115 Billion As AI Data Centers Move To OpticsYahooMarvell to purchase Lumentum for $115 billion in record-breaking AI tech deal, both stocks tankTaipeitimesMarvell Technology to acquire Lumentum Holdings in historic US$115 billion dealCbsnewsMarvell Technology to buy Lumentum in $115 billion AI connectivity dealFoolStock Market Today, Nov. 3: Marvell Shares Edge Higher After Premarket Drop on $115 Billion Lumentum DealOpticsMarvell set to acquire Lumentum in $115BN all-stock dealInvestorsMarvell To Buy Lumentum For $115 Billion, Creating AI Connectivity LeaderFuturumgroupMarvell Pays $115 Billion for Lumentum Because the $550 Billion AI Connectivity TAM Runs on LasersAmericanbazaaronlineMarvell and Lumentum join forces in $115 billion AI dealFinimizeMarvell’s $115 Billion Lumentum Deal Puts AI Demand FirstQzMarvell agreed to buy optical chipmaker Lumentum in $115 billion all-stock deal
Binance Says Hackers Used Fake Job Interviews and Internal AI Tool in $6.3 Billion Theft
The Verge

The largest crypto heist on record combined social engineering with an internal AI tool, and North Korea has denied US claims it was behind the theft.

full coverage →cryptocybersecuritybinance
BloombergNorth Korea Denies Role in $6.3 Billion Binance HeistReutersBinance hackers used fake job interview in $6.3 billion attackNextgovBinance says fake job interview helped North Korean hackers steal $6.3 billion in cryptoCNBCBinance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in cryptoNbcnewsBinance says hackers used fake job interview to breach computer before $6.3 billion attackBbcBinance says fake job interviews used as part of $6.3bn crypto hackThe GuardianHackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’The New York TimesBinance Says Hackers Plotted $6.3 Billion Crypto Heist for MonthsThehackernewsBinance Reveals How Fake Job Interviews and AI Tool Abuse Led to $6.43 Billion TheftBloombergBinance Hackers Used Fake Job Interviews in Record HeistYahooFake job interviews helped hackers pull off Binance’s record crypto heistTheblockBinance says hackers used fake job interview, internal AI tool in $6.3 billion breachNewscordBinance Says Fake Job Interviews Helped North Korean Hackers Steal Over $6 Billion: 20 outlets comparedKoreajoongangdailyBinance says hackers used fake job interviews, internal AI tool in $6 billion theft
Apple Services Hit Record $31.6 Billion but Growth Slows Under New CEO Ternus
Variety

Apple's first earnings report under CEO John Ternus showed strong iPhone sales and record services revenue, yet analysts flagged narrowing margins and slowing growth.

full coverage →earningsappleservices
BloombergApple’s $1 Trillion Rally Leaves No Room for Error on EarningsCNBCApple's quarter is not perfect. But with enough to like, we raised our price targetSubstackAI: Apple’s Record Quarter as the Ternus Era Unfolds. AI-RTZ #1260PpcApple's ad business sets all-time record as Services gains 10% to $31.6bnInvestmentnewsApple's record quarter masks a services slowdown advisors should watchPymntsApple Forecasts Slower Services Growth as AI Costs RiseEuronewsApple beats earnings forecasts but chip costs cloud outlookTradingkeyApple Stock Forecast: AAPL Slides as Memory Costs Squeeze Margins Despite a Record Revenue GuideMobilegamerApple says mobile gaming headwinds held App Store performance flatIthinkdiffApple Services Revenue Hits a Record $31.6 Billion as Growth Slows to 9.8%MSNApple services revenue hits new record of $31.6 billion, up 10%, in September quarter
Wall Street Splits Over AI Risks as Investors Urged to Diversify
Bloomberg

Fund managers and analysts are increasingly divided on whether the AI trade has run too far, with some warning the boom could seed a broader financial crisis.

full coverage →marketsaiinvesting
The VergePlease stop asking me when the AI bubble will popReutersTech leaders, Wall Street CEOs, governments split over 'AI doom' fearsYahooUBS urges investors to look past the US as AI concentration risk grows247wallstWall Street Declared Active Funds Dead. Nobody Told the Growth Fund of America, AGTHXBusiness InsiderHow to invest $10,000 right now as AI-bubble fears mount, according to 8 Wall Street prosEuropeanbusinessmagazineBlackRock Blocks Withdrawals as Private Credit Boom SplitsMSNWall Street split over AI default risks
Super Micro Raises Sales Forecast on AI Server Demand
Bloomberg

The server maker's outlook beat estimates, signaling continued strength in demand for AI-packed hardware even as investors question the durability of spending.

full coverage →hardwareearningsai
XtbSupermicro Raises Forecast by $4 Billion as AI Server Demand Once Again Surprises the MarketFocustaiwanTaiex rebounds led by AI stocks as Supermicro raises sales outlookReutersDell lifts forecasts as AI data center buildout fuels demand, shares soarPluangSuper Micro Computer stock gains bullish outloo...TikrSuper Micro Stock Jumps After It Raises Annual Revenue Forecast to $40 BillionTradingviewSuper Micro Stock Plunges as AI Server Rally Hits a Speed BumpCNBCSuper Micro stock falls 13% on $7 billion financing plans as company touts AI server ordersMitradeWhy is Super Micro’s stock suddenly a best-performer?InvestingEarnings call transcript: Supermicro beats Q1 2026 estimates, raises outlookYahooSuper Micro surges 13% after raising revenue outlook on AI demandBiggoSuper Micro Lifts Revenue Outlook 27% on AI Demand; Shares Surge 12% After HoursYahooSupermicro stock surges 12% after raising revenue outlook on AI demandMezhaSuper Micro forecasts 2027 revenue above Wall Street estimates as AI demand lifts shares
Oracle Cancels $7 Billion Chip Leasing Deal With Tencent
Bloomberg

The scrapped agreement comes amid tightening scrutiny of cross-border chip and cloud arrangements between US and Chinese firms.

full coverage →cloudchinasemiconductors
ReutersOracle abandons $7 billion Tencent AI deal under Trump pressure, FT reportsInvestingOracle cancels $7 bln chip leasing deal with Tencent, FT reportsTradingviewOracle cancels $7B AI chip lease with Tencent amid US concerns: FTFourweekmbaOracle Cancels $7B Tencent AI Chip Lease Under US PressureBusinesstimesOracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reportsGlobalbankingandfinanceOracle abandons $7 billion Tencent AI deal under Trump pressure, FT reportsInvestingOracle cancels $7 bln chip leasing deal with Tencent, FT reportsCnbctv18Oracle scraps $7 billion chip deal with China's Tencent after US pressure: ReportMSNOracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports
US IPO Market Opens for Anthropic but Stays Shut for Most Others
The Wall Street Journal

Hong Kong deal flow has also slowed with the most abandoned IPOs since 2008, underscoring a two-tier market favoring a handful of marquee AI names.

full coverage →iposmarketsai
BloombergHow Much Should Anthropic Pop?ReutersAnthropic's soaring sales, steep losses put AI frenzy to IPO testAcornsHow to Invest in Anthropic: IPO Date and TickerUsnews7 Best Recent and Upcoming IPOs in 2026 | InvestingFoolCan You Invest in Anthropic in 2026? Details & AlternativesIgTrading Anthropic pre-IPO: What investors need to knowKiplingerHot Upcoming IPOs to WatchForbesHere’s How To Invest In SpaceX, OpenAI and Anthropic IPOs-As Demand Could Shatter RecordsNprAI giant Anthropic prepares to sell stock to the public, files preliminary IPO paperworkFortuneAnthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners accessIgBest upcoming IPOs to watch nowPbsAnthropic files for potentially the biggest IPO ever as CEO warns of AI's existential risk to humanityJapantimesAnthropic’s IPO sets up defining moment for Wall Street and AI boomHomeCan you buy Anthropic stock before the IPO?
AI Inference Startup Fal Raises at $16 Billion Valuation
Bloomberg

The funding round underscores sustained investor appetite for infrastructure powering AI model deployment.

full coverage →startupsaifunding
TechCrunchAI inference startup Fal doubles its valuation to $16B as demand surgesSiliconangleGenerative media inference startup fal raises $1.3B at a $16B valuationTradingviewAI Inference Startup Fal Raises Capital At $16 Billion Valuation- Bloomberg NewsTechbuzzFal Raises $1.3B, Doubles Valuation to $16B on AI SurgeDealroomFal raises $1.3B at $16B valuation to expand AI inference capacityInvestingFal raises $1.3 billion at $16 billion valuation on demand - BloombergTokenpostFal Raises $1.3 Billion in Series F at $16 Billion ValuationUaStartup Fal raises $1.3 billion at a $16 billion valuation - TechCrunchFourweekmbaFal Hits $16B in $1.3B Round, About 20x Its Reported RevenueWowtaleGenerative Media Inference Platform fal Raises $1.3B Series FMezhaUS lifts Matamoros shelter order but maintains warning against travel to TamaulipasShiftdeleteBaseten Valuation Set to Hit $30 Billion in New $2B Funding RoundTradersunionFal raises $1.3 billion at $16 billion valuation as AI inference demand acceleratesMSNAI inference startup Fal doubles its valuation to $16B as demand surges
Singapore Airlines Latest Carrier Hit by Software Provider Data Breach
Bloomberg

The hack has compromised more than 200,000 bookings across the airline industry, exposing shared software supply chain risk.

full coverage →cybersecurityairlinesdata-breach
Businesstimes46,000 SIA booking records accessed illegally in data breach affecting software provider AmadeusStraitstimes46,000 SIA booking records accessed illegally in data breach affecting software provider AmadeusAsiaoneOver 40,000 Singapore Airlines booking records affected by third-party data breachTravelweekly-asiaAmadeus cyberattack puts Asian airlines on alertReutersMalaysia Airlines says customers may be affected by Amadeus breachAcronisIberia Airlines data breach: What customers need to knowCisomagSoftware bug leaks personal data of 285 Singapore Airlines’ fliersBusinesstravellerDid Hackers Access Your Flight Details? Major Airlines Report Amadeus BreachDubaieye1038Singapore Airlines says 46,000 booking records affected in cybersecurity incidentThestarCathay Pacific joins growing list of airlines hit by data breachBleepingcomputerSITA data breach affects millions of travelers from major airlinesCioThe biggest data breaches in Southeast AsiaChannelnewsasiaCathay Pacific says Amadeus breach affected 53,000 bookings
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