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2026/11/04

AMD's AI Data Center Guarantees Reach $8.5 Billion as It Challenges Nvidia

Advanced Micro Devices Inc. (NASDAQ:AMD) is taking on billions of dollars in potential financial obligations to help customers build AI data centers, as it steps up its challenge to Nvidia Corp. (NASDAQ:NVDA).AMD’s lease guarantees jumped 88% in just three months, from $4.1 billion in June to $7.7 b

CVS Health Announces Split into Two Public Companies, Raises 2026 Earnings Outlook

CVS Health plans to establish separate publicly traded companies for its healthcare and retail pharmacy operations after a strategic review by the board. CVS expects the separation to finish in the first half of 2028, subject to regulatory requirements, other customary conditions and final board app

U.S. House Democrats Discuss Expanding the Crypto Market Structure Bill and Restricting Federal Officials’ Involvement in Crypto

Odaily Planet Daily reports that Fox Business’s crypto journalist posted on X that House Democrats are discussing expanding Representative Maxine Waters’s Crypto Investor and Consumer Rights Act into a broader crypto market structure bill in the next Congress, incorporating provisions from her previ

AMD's Potential Financial Exposure Reaches $8.5 Billion in AI Data Center Expansion

Advanced Micro Devices is assuming potential financial obligations to support customers building AI data centers while increasing competition with Nvidia. AMD's lease guarantees rose 88% over three months, reaching $7.7 billion in September from $4.1 billion in June. Debt guarantees of another $750

France Approves Crypto Reporting Rule for Holdings Over €100,000

France’s National Assembly has approved a proposal requiring taxpayers to disclose self-custodied cryptocurrency holdings worth at least €100,000 ($112,000). The measure targets digital assets held outside centralized exchanges and custodial platforms. Consequently, investors could face additional r

Democrats Projected to Control Both Chambers in 2026 Midterms Amid Political Shift

Recent developments suggest a significant shift in the U.S. political landscape, as Democrats gain control of both the House and Senate in the 2026 midterm elections. This shift, marked by Democratic victories in traditionally Republican states such as Kansas, Texas, and South Carolina, is seen by s

Stripe's Global Payouts Supports Stablecoin Payments to Over 160 Markets

Odaily Planet Daily reports: Stripe’s Global Payouts now supports eligible U.S. businesses in disbursing USDC and OUSD stablecoins to external crypto wallets in over 160 markets, currently in public preview. Funds are drawn from Stripe Treasury balances, with a fee of 0.5% plus $0.50 per transaction

Stripe enables U.S. businesses to send stablecoins to over 160 markets.

ChainCatcher report, according to The Defiant, Stripe’s Global Payouts now supports eligible U.S. businesses in disbursing USDC and OUSD stablecoins to external crypto wallets in over 160 markets. The feature is currently in public preview, with funds drawn from Stripe Treasury balances and a fee of

Ethereum Aims to Complete Quantum-Resistant Upgrades by 2028

Ethereum Foundation researcher Justin Drake says the network’s post-quantum and “post-AI” transition should be largely wrapped up by December 2028—an accelerated target compared with the foundation’s previously published quantum-resistance deadline.Speaking at Devcon 8 in Mumbai on Tuesday, Drake ou

IREN Shares Drop 10% Amid Fears of AI Regulation and Construction Delays

IREN Ltd. shares dropped 10.06% to $22.00 at publication time on Wednesday amid a broader decline in AI cloud stocks following Democratic midterm gains. Benzinga Pro data show IREN trading at a fresh 52-week low. Traders fear that tighter regulation under the new political balance will delay data ce

Crypto PACs Spend $170M in Midterm Elections but Achieve Limited Success

CoinDesk reports:Election night delivered a sweeping victory for the Democratic Party and a major setback for the crypto industry. Despite raising hundreds of millions of dollars through its political action committee to support pro-crypto candidates nationwide, several key endorsed candidates suffe

Microsoft Stock Surges 6% Amid AI Sector Rally and Analyst Optimism

Microsoft Corp. (NASDAQ:MSFT) stock jumped about 6% Wednesday as investors rotated back into mega-cap AI leaders, even as fresh political concerns raised questions about the pace of future U.S. data-center construction.The rally extended to Big Tech peers including Apple Inc. (NASDAQ:AAPL), Amazon.c

Strategy’s STRC Reaches $100 for First Time Since May

Strategy’s STRC preferred stock touched $100 on Nov. 4 for the first time since May, returning to the price the bitcoin treasury company requires under its current policy before selling new shares.Yahoo Finance’s intraday data showed the Nasdaq-listed security reaching $100 at about 12:38 p.m. ET. I

CFTC Approves Equity Perpetual Futures, Faces Lawsuit Hours Later

Following a decision by the CFTC, perpetual futures tied to individual US stocks can now trade on exchanges registered by the agency.However, a group backed by Cboe and Citadel Securities has filed a lawsuit against the decision, claiming that the CFTC had no authority to make it.CFTC Greenlights Eq

Rich Dad Poor Dad Author Sees Bitcoin Crash as Buying Opportunity

TL;DRRobert Kiyosaki sees Bitcoin’s next crash as a potential buying opportunity rather than a reason to leave the market. The Rich Dad Poor Dad author says he has continued buying Bitcoin, gold, and silver during recent market weakness. Kiyosaki argues that rising global debt, economic mismanagemen

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