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2026/11/06

Algorithmic selling and liquidity drought trigger sharp decline in U.S. stocks

BlockBeats news, November 6: Last night and early this morning, U.S. stocks suffered a severe rout, with markets in turmoil. Wall Street traders attributed today's sharp decline to algorithmic and programmatic selling, which intensified market volatility.Goldman Sachs traders described today’s marke
2026/11/05

U.S. markets plunge as election fallout hits tech stocks; Nasdaq drops over 5%

According to Zhitong Finance APP, on Thursday, all three major U.S. stock indices plunged sharply. The Democratic Party's victory in securing control of both chambers of the U.S. Congress in the midterm elections sparked market concerns that the new legislative majority would impose stricter regulat

GPT-6 Cyber Released to Enhance Defensive Vulnerability Research

ME AI message, fouadmatin retweeted stating that the newly released GPT-6 Cyber represents a significant step forward for defenders, offering enhanced vulnerability research capabilities and improved alignment. Their team has integrated GPT-6 Cyber with GPT-6 Astra alongside Daybreak to strengthen t

SOXX Falls 12.8% in Worst Session Since March 2020

The iShares Semiconductor ETF (SOXX) dropped 12.8% on Thursday, marking the fund's largest one-day loss since March 2020. Investors sold the chipmakers behind the artificial-intelligence rally after Wall Street welcomed the midterm election outcome on Wednesday. The Philadelphia Semiconductor Index

Chip Stocks Face Worst Day Since 2020 as 28 of 30 SOXX Holdings Enter Bear Market

The iShares Semiconductor ETF (SOXX) dropped 12.8% on Thursday, marking the fund's largest one-day loss since March 2020. Investors sold the chipmakers behind the artificial-intelligence rally after Wall Street welcomed the midterm election outcome on Wednesday. The Philadelphia Semiconductor Index

U.S. Military Prepares for Potential Large-Scale Action Against Iran

Review today's market trends and stay on top of the latest developments. Good morning, listeners. Today is Friday, November 6, 2026. Welcome to Futures Morning Rush. Futures Morning Rush — the top choice for millions of futures professionals!Futures Morning Rush - Audio VersionFemale Mandarin versio

Google to Invest $17 Billion in Wyoming Data Center Amid Rising Regulatory Pressure

According to Zhitong Finance APP, Alphabet (GOOGL.US), the parent company of Google, will invest $170 Billions of dollars to build a data center in Wyoming officially put a price tag on this project. Two days earlier, voters across the U.S. delivered a broad rebuke to the development of such large-s

American Bitcoin Reports $126M Profit Amid Rising Mining Costs

American Bitcoin, the miner backed by Eric Trump, announced quarterly net income of $126 million on Wednesday. A noncash gain of $197.3 million on Bitcoin holdings drove the profit. Financial statements show that American Bitcoin would have recorded an operating loss of approximately $5.5 million wi

2026 Midterm Election TV Audience Hits 31 Million, NBC Leads with 6.7 Million Viewers

Television coverage of the 2026 midterm elections attracted 31 million viewers. The audience was slightly younger than in 2022. Viewers aged 18-34 represented around 9% of viewers, compared with 7% in 2022.NBC News ranked first in Tuesday's primetime coverage with 6.7 million total viewers. ABC attr

American Bitcoin Posts $126M Profit Amid Rising Mining Costs

American Bitcoin, the miner backed by Eric Trump, announced quarterly net income of $126 million on Wednesday. A noncash gain of $197.3 million on Bitcoin holdings drove the profit. Financial statements show that American Bitcoin would have recorded an operating loss of approximately $5.5 million wi

AI-Driven Stocks Face Historic Sell-Off as Political and Market Uncertainties Grow

Following the U.S. midterm elections, political forces opposing the unchecked expansion of AI gained momentum, compounded by tech giants missing earnings expectations and shifting prospects for data center development, triggering a historic sell-off in Wall Street’s AI trades. The Nasdaq lost approx

Disney employees question management about a potential new round of layoffs.

CoinDesk reports:Disney technology employees are pressing management for answers, following several rounds of major layoffs this year and further layoffs being rumored.Several employees told Business Insider that they are struggling with low morale, with some even deliberately appearing "busy"; duri

Democratic Election Gains May Hinder Robotaxi Expansion

Industry experts say Democratic gains in Tuesday's elections could increase scrutiny of robotaxis, including in states that previously welcomed the technology. Robotaxis are becoming more politically contentious in Washington and state legislatures as deployment grows. Autonomous vehicle policy expe

ZetaChain Votes to Shut Down Layer 1 Network on December 9, Migrating ZETA to Solana

TL;DR:Projected shutdown date: The governance vote concludes on November 7, 2026, and proposes permanently shutting down the Layer 1 network on December 9 at block height 20,755,000.Conversion and claims: Native ZETA tokens will be converted into SPL assets on Solana at a 1:1 ratio, requiring a mini

Hyperliquid Strategies Inc. Reports Q3 2026 Financial Results

CoinDesk reports:New York, November 5, 2026 /PRNewswire/ — Hyperliquid Strategies Inc. (Nasdaq: PURR, hereinafter “HSI” or the “Company”) today announced its financial and operational results for the quarter ended September 30, 2026. HSI is a digital assets treasury platform focused on the Hyperliqu

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