Bitcoin hits $80.5K as US stocks rally on midterm election results
The main theme this morning is a broad rally in risk assets after the United States midterm election results. Bitcoin climbed toward eighty thousand five hundred dollars as stocks rallied and oil prices fell. Gold also rose sharply while the dollar weakened, according to a European session summary.
investingLive European session wrap: Stocks rebound, gold soars as dollar tumbles after blue sweep in US midterms
That election outcome is shaping several markets at once. A European session wrap described stocks rebounding and gold soaring as the dollar tumbled after a Democratic sweep. It also noted that United States futures continued to trim earlier losses, though concerns about artificial intelligence lingered.
03Neutral
Asian stocks to rise as oil prices fall after US vote
Falling oil prices are part of the same picture. Lower crude may ease inflation pressures and support Asian markets, and it could signal potential geopolitical stability. The same election result was tied to the oil move in the material.
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
In crypto-related company news, Riot shares surged on a twenty eight billion dollar artificial intelligence lease. The bitcoin miner sold bitcoin to finance its artificial intelligence expansion. Hut 8 moved the other way, sinking after a revenue miss, with falling revenue and rising costs before its major data center leases begin generating income.
05Neutral
Democratic sweep of Congress forces crypto industry to rethink Washington strategy
The political shift is also forcing the crypto industry to rethink its approach in Washington. After two years of a pro-crypto climate, the sector now faces a sharp political jolt. House Democrats are discussing their own market structure bill, which would give a bigger role to the Securities and Exchange Commission and a smaller one to the Commodity Futures Trading Commission.
06Neutral
Figma sinks after earnings beat as company prioritizes long-term growth with AI changes
Among other notable stories, Figma sank after an earnings beat as it prioritized long-term growth, letting clients use more artificial intelligence features at the same price. Snap shares fell more than ten percent on a third-quarter revenue miss. Qualcomm's finance chief warned that falling Apple revenue will weigh on its December quarter, and CVS Health plans to split its pharmacy chain from its health insurance business.
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Figma sinks after earnings beat as company prioritizes long-term growth with AI changes
Figma sinks after earnings beat as company prioritizes long-term growth with AI changes. Figma is letting clients use more artificial intelligence features for the same price.
NeutralCNBC
10-year Treasury yield slides as traders mull over Democrats' midterm victories, oil prices drop
Treasury yields were last little changed Wednesday as investors weighed big wins from Democrats in the U.S. midterm elections.
NeutralCNBC
Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war
Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.
NeutralCNBC
Hyperscalers and Apple surge after election results remove investor uncertainty
Apple, Amazon, Google, Meta and Microsoft stock was up after the midterms, while stocks tied to Trump advisor Elon Musk and data centers fell on Wednesday.
The USD/CHF pair extends its losses during the North American session on Wednesday, hitting a nearly two-month low of 0.8127 earlier in the day as traders dumped the US Dollar (USD) in favor of other haven assets like…
NeutralCointelegraph
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
Oil Crashes 9% as Trump and Vance Blame Iran War for Midterm Rout
Brent fell $8.94, or 8.6%, to $94.66 per barrel at 1:06 p.m. ET on Wednesday, after touching its lowest level since September 4, with traders pricing an end to the Iran war after the White House tied Tuesday’s midterm…
NeutralThe Guardian
US stocks rise, dollar slides as investors digest Democrats’ midterm victories
Government bond yields fall while initial fears ease over impact of election results on world’s biggest economy. US midterm elections – live updates. After US midterms, what will lame-duck Trump mean for global economy?…
NeutralCointelegraph
Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell.
investingLive European session wrap: Stocks rebound, gold soars as dollar tumbles after blue sweep in US midterms
Headlines: US midterms 2026: Who would've thought that a war would be a bad idea? US futures continue to trim losses after early beatdown but AI worries linger. Macro pulse: What if good news for stocks turns into bad…
Qatar Becomes Largest Buyer of U.S. LNG Amid Hormuz Crisis
Qatar Becomes Largest Buyer of U.S. LNG Amid Hormuz Crisis. In an extraordinary turn of events, Qatar, the world’s second-largest LNG exporter before the Iran war, will become the biggest buyer of liquefied natural gas.
NeutralCrypto Briefing
Asian stocks to rise as oil prices fall after US vote
The decline in oil prices may ease inflation pressures, boost Asian markets, and signal potential geopolitical stability, impacting global economies.
NeutralOilPrice.com
Can Cheap Batteries Deliver COP31’s 35% Electrification Goal?
Electrification will be the major focus of the upcoming COP31 United Nations climate conference, to be held in Antalya, Türkiye, from November 9 to 20, 2026. The host country will invite the attending nations to sign…
NeutralOilPrice.com
Iran War and AI Boom Drive Global Gas Supply Crunch
LNG spot market prices in Asia have tripled since the start of the year. Asia and Europe are locked in a race for a limited number of cargoes. The U.S. is exporting record volumes of the fuel. And QatarEnergy just…
NeutralBitcoin Magazine
House Democrats Eye Their Own Crypto Market Structure Bill With a Bigger SEC Role After Sweep
House Democrats are discussing a crypto market structure bill built on Rep. Maxine Waters' rejected Clarity Act amendments, with a bigger SEC role, a smaller CFTC role and new ethics limits on President Trump. This post…
NeutralinvestingLive (ForexLive)
investingLive Americas market news wrap: Oil crushed as Republicans blame war for loss
October US ISM services 54.5 vs 54.8 expected. US final October S&P Global services PMI 56.1 vs 57.9 prelim. US September international trade balance -105.0B vs -108.0B expected. Canada Trade Balance ($C) for September…
NeutralThe Block
Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.
UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline
The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to…
NeutralFXStreet
ECB’s Moulin: Banks can handle higher rates; France must fix finances
On Wednesday, Emmanuel Moulin, the Governor of the Banque de France and a Governing Council member of the European Central Bank (ECB), said that “banks can deal with rising rates.”
NeutralOilPrice.com
Polar Vortex Puts Europe's Gas Reserves at Risk
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…
Stocks & Earnings: 10 selected of 15
NeutralCrypto Briefing
Qualcomm CFO warns falling Apple revenue will dent its December quarter
Qualcomm CFO warns falling Apple revenue will dent its December quarter. Qualcomm's diversification into automotive and IoT sectors is crucial to offset Apple's revenue decline, impacting its financial stability.
NeutralCNBC
Snap shares fall over 10% on third-quarter revenue miss
Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
NeutralCNBC
Qualcomm stock drops 6% on weak earnings forecast as memory shortage weighs on smartphone sales
Qualcomm delivered better-than-expected results but issued a weak earnings forecast.
NeutralDecrypt
Google Tells Schools They Can Reject AI—But They'll Lose Search, Too
Google is giving schools more control over Gemini, but districts that want Search without AI are out of luck, fueling accusations that the company is pressuring educators into adopting AI.
NeutralCNBC
Google responds to political backlash over removing search from schools that ban AI
After elected officials voiced outrage over Google turning off search at schools that ban AI, the company said search can be turned back on with AI Overviews.
NeutralBitcoin Magazine
Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
Block agreed in principle to a $764 million deferred-prosecution deal over anti-money-laundering failures at Cash App, a sum that exceeds its $566 million Q3 profit, while bitcoin gross profit fell 50% after the company…
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
NeutralBitcoin Magazine
Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers
Dulce Villarreal’s ISMOS rebrands from Latin America’s Librería de Satoshi and launches a multilingual open-source platform to train one million Bitcoin and Freedom Tech developers worldwide, backed by Btrust and the…
Uber beats on revenue, CEO tells CNBC the company is 'investing significantly' to add drivers
Uber reported better-than-expected revenue but its mobility unit faced higher fuel costs overseas and tighter driver supply.
NeutralThe Guardian
M&S boss bemoans last week’s budget as ‘whole lot of nothing’
Stuart Machin hits out at Labour but welcomes expected UK-EU food deal as retailer reveals half-year results. The chief executive of Marks & Spencer has called John Healey’s first budget as chancellor a “whole lot of…
Sectors & Themes: 10 selected of 12
NeutralCrypto Briefing
Qualcomm expects data center revenue above $650 million in December quarter
Qualcomm expects data center revenue above $650 million in December quarter. Qualcomm's ambitious data center revenue targets highlight its strategic pivot towards AI infrastructure, emphasizing execution and customer reliance.
NeutralThe Block
Democratic sweep of Congress forces crypto industry to rethink Washington strategy
After two years of a pro-crypto, pro-innovation climate in Washington, the digital asset industry faces a sharp political jolt.
NeutralinvestingLive (ForexLive)
The market is telling the hyperscalers it's happy about a slower data center buildout
Perhaps the clearest takeaway from Tuesday's US midterms is that data centers are unpopular. After a short-lived construction boom, they provide little ongoing employment and drive up local energy costs. There were 41…
NeutralU.S. SEC
SEC Adopts Amendments to Update Definitions of Small Entity for Investment Companies and Investment Advisers
The Securities and Exchange Commission today adopted amendments to the rules that define which registered investment companies, investment advisers, and business development companies qualify as small entities for…
NeutralThe Guardian
CVS Health to split pharmacy chain from health insurance
CVS Pharmacy will be separate from CVS Health, housing major insurer Aetna and benefits manager Caremark. CVS Health, the largest US healthcare conglomerate valued at $117bn, has announced its plans split off its…
NeutralCNBC
AI data center stocks and Musk's SpaceX decline as Texas governor result raises risks of a slowdown
AI fortunes were mixed as premarket trading opened on Wednesday.
NeutralFox Business
Private sector added 86,000 jobs in October, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 69,000 jobs. The prior month's reading was revised lower to 86,000.
NeutralThe Guardian
Why pharma firms are going to Earth’s orbit in search of new cancer drugs
A space capsule 300 miles above us is growing the tiny crystals of a potential cancer drug in microgravity. Roughly 300 miles above our heads, three washing machine-sized capsules are orbiting the Earth. Inside one of…
NeutralThe Guardian
Britain’s housing market unlikely to recover until 2028, says Savills
House prices forecast to fall by 1.5% next year as Middle East war keeps mortgage rates higher for longer. Britain’s sluggish housing market is not expected to recover until 2028 as higher mortgage rates linked to the…
NeutralBBC News
Graduates are managing AI - but are they learning much else?
Graduates are spending more time managing AI, but are they missing out on other work experience?
Natural Gas Price Forecast: Failed Breakdown Signals Bullish Potential
Natural gas rebounds from critical support after a failed bearish breakdown, but buyers must reclaim key moving averages to strengthen the recovery and reach higher resistance.
NeutralFXStreet
Hong Kong: Growth outlook improves – UOB
UOB economist Ho Woei Chen reports that Hong Kong’s Gross Domestic Product (GDP) growth accelerated sharply in 3Q26, driven by strong goods exports and investment. Chen highlights support from the semiconductors and AI…
NeutralFXEmpire
Apple (AAPL)) Price Forecast: Record High Follows Dramatic Reversal
Apple reverses sharply from a 13-week low to a new record high, signaling renewed demand while leaving traders watching for pullback opportunities and breakout confirmation.
NeutralFXStreet
Chinese Yuan: PBoC slows Yuan gains – MUFG
MUFG notes that the People's Bank of China (PBoC) raised the FX reserve requirement ratio to 6% from 4% after USD/CNY moved toward 6.65, effective 15 November. The measure is seen as locking up about USD24 billion in FX…
NeutralFXStreet
Singapore Dollar: Holds tight range as PMI supports growth – Commerzbank
Commerzbank analysts note Singapore’s October manufacturing PMI eased slightly but stayed in expansion for a 15th month, with electronics supported by AI-related demand. They argue this points to resilient Q4…
NeutralinvestingLive (ForexLive)
NZDUSD buyers defend the floor. Can they break the ceiling?
The NZDUSD moved lower after weaker New Zealand jobs data early in the new trading day, but sellers could not push the price below a familiar floor near 0.5579 (see green circles on the chart below). That level has…
NeutralFXEmpire
Dow Jones Forecast: Stocks Surge on Gridlock Bets as Oil Prices Retreat
U.S. stocks rally as gridlock bets and lower oil prices lift the Dow, S&P 500 and Nasdaq, while traders watch for follow-through into Thursday.
NeutralFXStreet
South Korean Won: Inflation and BoK tightening backdrop – MUFG
MUFG highlights that South Korea’s inflation data show easing headline Consumer Price Index (CPI) but sticky core inflation at 2.8% year-on-year, above consensus.
NeutralFXStreet
British Pound: Recovery targets upper 1.36 area against US Dollar – Scotiabank
Scotiabank’s FX strategists note the Pound rising about 0.4% intraday against the US Dollar, with UK PMI revisions having little impact. Market focus shifts to the Bank of England decision, where a 25bp hike is largely…
Compiled by the Borearis Research Team from public news and market quotes, with AI-assisted summaries. For information only, not investment advice. Trading involves risk.
