AI The Next Dot-Com Bubble? Gene Munster Vs. George Noble Tonight At 7PM ET Wall Street’s bulls and bears live in two different worlds when it comes to AI: Are we at the early stages of a technological revolution or another bubble destined to burst? And in the last month, the momentum has shifted towards the bears…October saw significant drops in major tech sector names following the Nasdaq-100’s recent selloff, led mostly by […]

“Extinction-Level Event”: Takeaways From The GOP’s Midterm Wipeout Democrats flipped seven Republican-held Senate seats and seized the House on Tuesday, handing President Trump what Punchbowl News called “an extinction-level event” for the GOP. As of Wednesday morning, NBC News had the Senate at 54-44 with two races still out. In Mississippi, Democrat Scott Colom led Sen. Cindy Hyde-Smith by 43 votes with more than 95% counted. In […]

Iran Says Four Oil Tankers Destroyed By Mines Near Strait Of Hormuz Authored by Tsvetana Paraskova via OilPrice,Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Wednesday, as attacks on vessels in the region intensify while crude oil flows have dipped from recent highs.The four […]

Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure Trump administration officials went to Oracle with concerns about its chip leasing contract with Tencent, and the deal has since been cancelled, two people familiar with the matter told the Financial Times.The five-year lease, worth an estimated $7 billion, would have given the Chinese tech giant access to as many as 100,000 advanced AI chips across a string of Oracle data […]

Consumer Stocks Surge As Democratic Sweep Fuels Bets On Reversing Trump’s Welfare Cuts The reaction to the US midterm election results, a Democratic sweep, has been risk-on in the US … But as we noted earlier:*NASDAQ 100 FUTURES ERASE EARLIER GAINS TO TURN NEGATIVE https://t.co/chvWYtN3H7— zerohedge (@zerohedge) November 4, 2026 Beyond data center moratorium threats and defense stocks getting hammered, Bernstein analysts see a […]

Vance Boldly Admits Reason GOP Lost Midterms Is Iran War, Crude Slides (Update 11:10ET): The expected rapid blame-game has begun at the highest levels of the Turmp administration, with Vice President JD Vance on Wednesday morning saying bluntly that the Iran war is ‘the reason we lost’ midterms. He had in the opening days of Operation Epic Fury, and just before (per prior NYT reporting), expressed pushback within Oval Office […]

Bearish Beyond The ‘Blue Wave’ Bounce Submitted by QTR’s Fringe FinanceWell, the voters have spoken. Screamed, actually. And if last night’s election results were supposed to provide some kind of reprieve for the Trump administration, they did precisely the opposite. Democrats delivered a decisive, sweeping victory, taking control of both the House and Senate and flipping seats in places Republicans have considered safe for […]

US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump’s Comments, SPR Drain Oil prices extended losses this morning as investors weighed the Democratic sweep of Congress in the Midterms and what it means for President Trump’s approach to Iran, amid uncertainty over whether Washington will pursue diplomacy or renew military strikes. Specifically, the results could introduce additional constraints on Trump’s agenda, […]

Defense Stocks Sink After Democratic Sweep As TD Cowen Warns Trump’s “Branded” Programs Are Dead Democrats have won majorities in the House and Senate. It’s not just data centers and reindustrialization that will be under threat, but also the rearmament cycle, as defense stocks sink in US premarket trading and tumble in Europe’s cash session.The larger-than-expected majorities will give Democrats much greater leverage in […]

President Veto By Bas van Geffen, Senior Macro Strategist at RabobankAssociated Press is calling the Congressional race in favour of the Democrats. The party wins both the House of Republicans and control of the Senate, changing the balance of power when the new Congress convenes at the start of 2027. However, President Trump still has the powers of veto and executive order, creating a divided government in the US.The blue wave that […]

Rate-Hike Odds Rise As US Services Surveys Disappoint: Growth Strong But Inflation Stronger Following the mixed (but strong) Manufacturing survey data for October (ISM up, S&P down), the Services sector survey data this morning more unequivocal.S&P Global US Services disappointed, falling from 58.8 to 56.1 (and worsening from the flash print of 57.9)ISM US Services also disappointed, falling from 54.9 to 54.5 (below 54.8 […]

‘Republicans Should Be Shot’: Students Charged In Michigan And Utah For Assaulting Conservatives On Campus Authored by Jonathan Turley via Jonathan Turley,The political violence on campuses continued this week, with students at the University of Michigan and the University of Utah charged with criminal assaults on conservatives. For years, some of us have written about the increasingly radical environment in higher education where […]

Midterms Blue Wave Makes $917K For One Polymarket Trader, If Alaska Doesn’t Flip… Authored by Ryan S. Gladwin via Decrypt,A “blue wave” swept the U.S. midterms as the Democrats took control of both the House of Representatives and the Senate, in a crushing blow to President Donald Trump.Polymarket predictor 0xA2 is the platform’s most profitable trader over the past 24 hours, according to the site’s daily leaderboard. They are […]

Trump Designates Anti-Communism Week In Election Day Proclamation Authored by Travis Gillmore via The Epoch Times,President Donald Trump declared Nov. 1 through Nov. 7 as Anti-Communism Week with a presidential action signed on Election Day.Communism is the exact opposite of life, liberty, and the pursuit of happiness – the very principles America was founded on. pic.twitter.com/xFhAEYgkDH— The White House (@WhiteHouse) November […]

‘Sharply Negative’: Kremlin Concerned Democratic Sweep Will Imperil US-Russia Peace Efforts While the Iranians are celebrating with smug satisfaction the Democrats’ historic midterm blue tsunami in the US midterm elections, Russia’s leadership is reacting very differently.Deputy Foreign Minister Sergey Ryabkov on Wednesday bluntly stated that that leaders in the US Democratic Party have a “sharply negative” approach to relations […]

ADP Employment Report Signals Strong Labor Market Across The Board, Wage Growth Accelerates ADP’s Employment Report showed a better than expected rise in jobs in October, up 86k (vs +67k exp) – the 16th monthly rise in employment in a row…”Employers of all sizes were hiring last month,” said Dr. Nela Richardson Chief Economist, ADP.The Services Industry saw job gains accelerate while Manufacturing slowed with the advance […]

Tesla, SpaceX Tumble As Blue Wave Hits Texas, Putting Musk’s Empire In Democrats’ Crosshairs The Democratic midterm sweep threatens to complicate President Trump’s “America First” agenda. Still, the biggest risk to the nation’s industrial revival is at the state and local levels, as Democrats are set to push data center moratoriums.At the state level, Democrats’ sweep of Texas will likely deliver a particularly hard blow to Musk, […]

Belarus’s Lukashenko Says Trump Is Keeping Europe From World War III… And Wants Him Given The Nobel Authored by Victoria Friedman via The Epoch Times,President Donald Trump’s interventions are helping to keep the Russia – Ukraine war from descending into global conflict, Belarusian President Aleksandr Lukashenko said, as representatives from Kyiv and Moscow prepare to meet for talks mediated by the United States.”Trump is […]

Futures Rip As Wall Street Buys The Blue Tsunami; Dollar Slides, Gold Tops $4,000 US futures are higher as dip buyers turned an overnight “blue tsunami” puke into a broad rally: Democrats swept both chambers of Congress, initially sending Nasdaq 100 futures down as much as 2.4% on fears of tighter AI regulation and a Texas data center freeze, before President Trump’s conciliatory tone (he said Democrats did “a good job” and that he […]

Polar Vortex Threatens Europe As One Cold Blast Could Wipe Out October’s Gas Storage Gains The European Center for Medium-Range Weather Forecasts shows signs of an early disruption of the Arctic polar vortex that could send cold air into Northwest Europe as the energy-stricken continent faces a very thin supply buffer before the Northern Hemisphere winter gathers pace.We are officially in uncharted territory.The Polar Vortex is […]

‘Why Only Three Rapes In 10 Years?’: Russell Brand’s Lawyer Turns His Client’s Promiscuity Into A Defense Russell Brand’s defense lawyer closed his case on Monday by turning the comedian’s sex life into an argument for acquittal, asking jurors at Southwark Crown Court, “Why is it that only three rapes in 10 years?”Brand, 51, denies three counts of rape, three of sexual assault and one of attempted indecent assault, involving six […]

Scott Galloway’s Unhinged Tirade Against Elon Musk Takes A Very Dark Turn… Marketing professor and anti-MAGA podcaster Scott Galloway launched an unhinged attack on Elon Musk, branding the billionaire a “traitor to the West” before invoking the infamous Rosenberg espionage case, which ended with the execution of two Americans during the Cold War.Galloway spewed the incendiary comments during a discussion with former technology […]

Trump Deflects Blame For Blue Wave: Dems Complete Election Sweep, Control Texas, El-Sayed Wins MI Aaaand it’s gone… Blue Sweep Tsunami it is…0630ET: Senate: 54D – 44R ~~ House: 228D – 139R ~~ Governor: 28D – 20R (Abbott lost TX)DEMOCRATS WIN CONTROL OF THE SENATE, Flip 7 States: NC (Tillis seat lost), SC (Darline Graham lost), TX (Paxton lost), KS (Marshall lost), OH (Husted lost), IA (Hinson lost), ME (Collins lost)DEMOCRATS […]

‘Time Off’ Requests Surge Ahead Of Grand Theft Auto VI Release Grand Theft Auto VI’s upcoming release is just over two weeks away, and for millions of gamers, November 19 is set to become an unofficial holiday.Personal finance publication Money cites new data from HR software company BambooHR showing that time-off requests are 9% to 17% higher than for a typical third Thursday in November. The increase in time-off requests coincides […]

The UK Is Fast-Tracking Permanent Residency For An Army Of Migrants It’s not quite citizenship, but it’s close enough.  The UK offers a number of loopholes or “fast tracks” to permanent residency for third world migrants, and one of those loopholes is “Indefinite Leave to Remain” (ILR), also known as permanent settlement.  Settlement status allows migrants to stay in the UK essentially for the rest of their lives, with […]