Crypto Ignition
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Trump said the Iran war was largely to blame for the Republicansโ€™ defeat. Still, he insisted the operation was needed to stop Iran from getting nuclear weapons.

He also said he would โ€œget alongโ€ with the Democrats. A diplomatic plot twist.

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Which states will accept Trumpโ€™s offer to gain financial benefits from AI? The proposal could deliver economic gains to states that choose to take it up.

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Elon Musk says Cybertruck production could start winding down around mid-2027. Production is continuing for now, and Tesla has not announced a shutdown. If the timeline holds, it would mark the beginning of the truckโ€™s final chapter.

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Could Tehranโ€™s willingness to discuss previously off-limits nuclear issues help bring the war closer to an end? The change may signal progress in negotiations and move both sides toward a deal. ๐Ÿค

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October added 165,000 jobs, well above the 64,000 forecast. Unemployment was 4.1%, below the expected 4.2%. Septemberโ€™s job gains were also revised up by 28,000. Together, the figures strengthened expectations of a December rate hike. The case is becoming harder to dismiss.

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What drove the semiconductor rally at the US open? The trigger remains unclear, but the index jumped 5.4%, with SanDisk leading the gains at 10.4%. The Dow, by contrast, fell 1%.

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โšก๏ธ OpenAI CFO Sarah Friar confirms the company is in fundraising talks at a valuation nearly 50% higher than in its March round.

Her explanation: demand for AI is real.

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Could a NT$500 billion fund steady Taiwanโ€™s stock market? The rescue plan follows the Taiexโ€™s worst week since 2001. Short-selling curbs begin Nov 9.

Arthur Hayes: โ€œLet the AI bailouts begin!โ€

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Did an airstrike hit Qeshm Island in the Strait of Hormuz? The strike was reported, along with explosions and missile launches after Iranian forces reportedly fired at a drone overnight.

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โšก๏ธ JD Vance has proposed direct talks with Iran to secure a new ceasefire.

The proposal comes after near-daily discussions with Qatari and Pakistani mediators. Meanwhile, U.S. forces remain ready to resume strikes, so diplomacy has plenty to do.

โœ… Trade on WEEX ๐Ÿ’ธ

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โšก๏ธ Paraguayโ€™s Santiago Peรฑa has been placed under house arrest on suspicion of breach of trust. The move followed prosecutorsโ€™ issuance of arrest warrants for Peรฑa and a former central bank chief.

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The US is offering a reward for information on Iranโ€™s nuclear program, despite Trumpโ€™s claim that it was obliterated and confirmation that the strike was โ€œminor.โ€

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โšก๏ธ Iraqโ€™s foreign minister has warned that war could flare up again across the region. Speaking to Al Jazeera, he said renewed conflict is possible as Iran prepares for a resumption of hostilities, considers new targets and adjusts its tactics.

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โšก๏ธ Trump has reportedly ordered โ€œminor strikesโ€ on Iran, his first military action since the election. The headline is in; the details are still reportedly unfolding.

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Berkshire Hathaway doubled stock buybacks to $9.6 billion in one quarter, even as operating profit fell 5.8% to $12.7 billion. Insurance underwriting profit dropped 43%.

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โšก๏ธ Trump has ordered the US Department of Justice to investigate what he calls a โ€œcriminal act.โ€

The order follows his accusation that Democrats are threatening people with impeachment and punishment. Trump described it as โ€œextortion at the highest level.โ€

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Trump has reportedly offered UFC CEO Dana White the White House press secretary role, which has been vacant since Katie Zacharia left the position five days after taking it.

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What happened in the Strait of Hormuz? US and Iranian forces reportedly exchanged fire, while explosions were reported across southern Iran.

Iran was also reported to have launched anti-ship ballistic missiles at US Navy vessels in the Arabian Sea. Tasnim, however, said explosions on Qeshm Island were unrelated to missile attacks.

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Trading on WEEX is the outcome: too emotional to trade, too shy to create content, too ethical to sell trading courses, and too lazy for a 9-to-5. โœ…๐Ÿ’ธ

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Anthropic has struck a $3.4 billion deal for gas-fired power to supply electricity to its AI data centers. This gives the company a dedicated source of energy for its growing computing needs.

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Trump says the US took a โ€œgiant step back in historyโ€ after the Midterm results, as he commented on the $3 trillion stock-market loss on November 5.

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