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2026/11/06

Nasdaq Rebounds 1.7% as Nvidia Jumps 5.6% After Historic AI Selloff

Key takeawaysNasdaq rebounds after its sharpest decline in 19 monthsNvidia jumps 5.6% as semiconductor stocks recoverStrong jobs data raises December Fed rate expectationsUS stocks staged a partial recovery on November 6, with the Nasdaq Composite climbing 1.73% as Nvidia and other semiconductor com

IREN Stock Rises 18% as AI Cloud Revenue Jumps 182% to $200M

Key takeawaysIREN stock rebounds as AI revenue nearly triplesAI cloud now generates 88% of quarterly salesMicrosoft delays and $15 billion spending remain risksIREN stock surged approximately 18% on November 6 after the former Bitcoin mining specialist reported a 182% quarterly increase in AI cloud

5 Altcoins Gaining Attention for 2027–2028 Market Cycle

Smaller reactions to negative headlines could indicate reduced selling pressure, although confirmation requires sustained demand.LINK, AVAX, and HBAR provide exposure to blockchain infrastructure and enterprise applications.TAO and ONDO offer exposure to decentralized AI and real-world asset tokeniz

Bitcoin Hits 11-Week Low Amid $1.05 Billion in Crypto Liquidations

CoinGlass recorded $1.05 billion in liquidations across tracked crypto markets during the preceding 24 hours. CoinGlass data showed that long positions accounted for $930.04 million, or 88.2%, of the liquidations. CoinGlass recorded another $124.69 million in liquidated short positions. Bitcoin reac

U.S. AI hardware stocks rebound, Philadelphia Semiconductor Index rises 6.5%

CoinDesk reports:IT Home, November 6: Following the opening of U.S. markets today, the AI hardware industry chain rebounded across the board, with the Philadelphia Semiconductor Index rising as much as 6.57%.Individually, AMD rose 13.2%, SanDisk rose 11.75%, Seagate Technology rose 6.34%, Micron Tec

AI model recreates the classic game Asteroids in 5 seconds, demonstrating speed for future AI agents

CoinDesk reports:I attended Fireworks AI’s event in San Francisco on Tuesday and met with Rob Ferguson, the company’s Vice President of Technology and Strategy.He showed me an amazing demo: an AI model running on the Fireworks system that created a video game from scratch in about five seconds. (By

US Jobs Data Sparks Fed Rate Uncertainty, 5 Cryptos in Focus

US unemployment reportedly declined to 4.1%, beating the 4.2% market forecast.October payrolls increased by 165,000, exceeding expectations by approximately 100,000.Persistent inflation and stronger employment could complicate the Federal Reserve’s next interest rate decision.The latest US employmen

Bitcoin Holds Near $76,000 Amid Jobs Report-Driven Market Rebound

Bitcoin held in a tight range near $76,000 on Friday, November 6, as US stocks rebounded from Thursday’s rout. Chip stocks led the bounce after an October jobs report that beat every Wall Street forecast.The Nasdaq rose about 2% minutes into the session, and the iShares Semiconductor ETF jumped 6.5%

Tesla to End Cybertruck Production in 2027, $1,000 Investment in 2019 Would Be Worth $15,769 Today

With declining sales and failure to meet deliveries in several international markets, the Cybertruck from Tesla Inc. (NASDAQ:TSLA) is officially going away. Here’s a look back at the unique Tesla vehicle and how much investors could have made if they invested in Tesla stock along the way.Tesla Endin

Strive Posts $474.8M Net Income, Driven by Bitcoin Holdings

Strive announced on Friday that third-quarter net income attributable to common stockholders totaled $474.8 million for the period ended September 30. Strive reported GAAP net income of $509.0 million, equivalent to $5.24 per fully diluted share. An unrealized digital-asset gain of $533.7 million un

Datavault AI Stock Surges 15% After CEO Replacement and Leadership Changes

Datavault AI shares rallied Friday after the company appointed finance chief Brett Moyer as CEO. Benzinga Pro data showed the stock gaining about 14.5% to roughly 7 cents by mid-morning. Trading volume exceeded 70 million shares during the opening hour. Benzinga Pro data later showed shares up 15.54

Aave Acquires Avon Team to Expand Fixed-Rate Lending Services

Aave Labs has acquired Avon’s team and technology to expand its lending services and introduce more fixed-rate borrowing options. The deal brings experienced developers and financial market specialists into Aave’s operations. Consequently, the acquisition could help Aave attract more institutions an

Gnosis Pay Data Breach Exposes Customer Details, Triggers Security Overhaul

Gnosis Pay has confirmed that hackers accessed its consumer-card system, exposing some customers’ personal information. The company announced the breach on November 6, three days after detecting unauthorized access. It said the incident did not affect customer funds but prompted changes to its card

PEPE Rises 7% Amid Bitcoin's Drop Toward $75K

Key takeawaysPEPE records 7% rally before Bitcoin selloffMeme coin shows resilience despite broader market weaknessTraders watch $0.0000052 resistance for breakout confirmationPEPE climbed 7.02% to approximately $0.00000508 during the previous recovery. By November 6, the meme coin was trading near

Head of Galaxy Research: Key Crypto Legislation Unlikely to Advance After Democratic Wins

ChainCatcher report: Galaxy research head Alex Thorn stated that even after the Democratic Party won control of both chambers of the U.S. Congress, significant progress on key digital asset legislation is still unlikely, and leadership of congressional committees will change. He noted that Elizabeth

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