Top Story
Microsoft drops Nscale expansion option at Texas data center
The British neocloud provider, which is seeking a listing at about $35 billion, must now find new buyers for the capacity.
Career & Salary
The $2,000 that became $1,000, what AI is really doing to incomes
AI is not erasing jobs so much as moving money. Two professionals put numbers on it: one lost half his income, the other got...
Big Tech Stocks
Chip index drops nearly 6% on Qualcomm guidance and data center curbs
Democratic control of Congress has put new data center construction in doubt, from a proposed Texas moratorium to grid-cost...
Crypto
Bitcoin falls to $76,000 as Nasdaq slide triggers $430 million in ETF outflows
The drop wiped out the entire post-midterm recovery above $80,000, leaving $75,000 as the last support before the 200-day...
AI & Tech
Big Tech Stocks
Microsoft drops Nscale expansion option at Texas data center
The British neocloud provider, which is seeking a listing at about $35 billion, must now find new buyers for the capacity.
Big Tech Stocks
Chip index drops nearly 6% on Qualcomm guidance and data center curbs
Democratic control of Congress has put new data center construction in doubt, from a proposed Texas moratorium to grid-cost conditions in Ohio.
Big Tech Stocks
Nvidia falls almost 9% as midterm result stirs data center fears
UBS estimates that roughly 30% of the new US data center capacity expected in 2028 is at risk, and the stock has broken below $200 ahead of...
Economy & World
Global Geopolitics
Russia sells gold at fastest pace since the 1998 default
The Bank of Russia has shed 62 metric tons in ten months while other central banks buy, and the Kremlin is now selling 7.8% of shipping giant...
US Economy
Democrats win both chambers, and Wall Street shifts its bets
With both chambers going to the Democrats, Wall Street is rethinking its bets: health care in front, technology under scrutiny and a weaker...
US Economy
Democrats favored at 74% as Americans vote in midterm elections
All 435 House seats and 35 Senate seats are on the ballot, but strategists say earnings, interest rates and AI spending will move US stocks...
Lifestyle Money
Luxury
Kering stock sinks 14% as Gucci drags down the third quarter: Barclays maps the best and worst case
A wave of target-price cuts followed Kering’s third-quarter results, with Barclays sketching a bull case at €310 a share and a bear case at €110.
Luxury
LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026
Third-quarter revenue grew just 1% organically, against a luxury sector expected to run closer to 5%, as Fashion & Leather Goods — the...
Pop Economics
Britain’s least reliable cars of 2026, according to a major owner survey
The What Car? annual reliability survey has ranked the best and worst cars on British roads, and three German models and one French model sit...
Markets
Crypto
Bitcoin falls to $76,000 as Nasdaq slide triggers $430 million in ETF outflows
The drop wiped out the entire post-midterm recovery above $80,000, leaving $75,000 as the last support before the 200-day moving average at...
Crypto
Ether holds $2,400 after midterm rally, with $2,500 the next test
Wednesday’s 6.6% gain came from a short squeeze and $53 million of ETF inflows, the first in days, with support now at $2,388.
Bonds & Rates
Brazil’s dollar bond pays 12.25% and yields 5.7% after Lula’s win
Yields on Brazil’s foreign-currency government bonds are climbing again now that the past weeks’ election contests have been settled