He stated the same thing about Tesla that the stock would collapse in 2020-2021. It didn't happen. In March of 2021 Bitcoin was supposed to collapse from 64,000.00. It didn't happen. In 2019 predicted an index fund collapse. It didn't happen. General market collapse predicted several times from 2015-2023. It didn't happen. Now in 2025 he is predicting an AI collapse. This guy is like Casey at the bat. I don't even know why people even pay attention to him. He's terrible at predicting events to say the least.
Tuesday, November 11, 2025
The Daily Market Flux - Your Complete Market Rundown (11/11/2025)
Market Flux is the new standard in financial news aggregation, we’re committed to providing you with a complete, real-time view of the financial world.
Our platform aggregates and organizes all relevant market news, helping you stay informed, up-to-date, and knowledgeable without spending hours sifting through headlines.
Reinvented to keep you in control, it's where your edge begins with better information. Go from market noise to clarity in seconds with a real-time platform built to redefine how traders and investors digest financial news.
Visit www.marketflux.io
Here is Your Complete Market Rundown (11/11/2025):
Today's Top Stories:
Senate Passes Bill to End Record US Government Shutdown as House Vote Looms
The Senate approved a spending package to end the 41-day government shutdown, the longest in US history. The House will vote Wednesday at 4 PM to finalize the deal, which would restore services for millions and end furloughs for federal workers amid ongoing flight disruptions.
Company News:
Nvidia Corporation (NVDA)
Performance Overview
1D Change: -2.91%
5D Change: -2.8%
News Volume: 279
Unusual Volume Factor: 1x
SoftBank Sells Entire $5.8 Billion Nvidia Stake to Fund OpenAI Investment Push
Japanese technology conglomerate SoftBank Group announced Tuesday it has sold its complete stake in Nvidia, offloading 32.1 million shares for $5.83 billion in October.
The sale, which represented approximately 0.1% of Nvidia’s total shares, was disclosed alongside SoftBank’s quarterly earnings report showing profits more than doubled, partly due to gains from tech holdings.
UBS Group Ag (UBS)
Performance Overview
1D Change: 1.44%
5D Change: 2.92%
News Volume: 158
Unusual Volume Factor: 1x
UBS Delays Credit Suisse Ultra-Wealthy Client Migration as Analysts Issue Multiple Stock Upgrades
UBS encountered a rare setback in its Credit Suisse integration, delaying the migration of some super-rich clients to its platforms by several months, according to sources.
The delay affects ultra-wealthy clients and marks an unusual disruption in what has otherwise been a relatively smooth integration process since the acquisition.
Advanced Micro Devices, Inc. (AMD)
Performance Overview
1D Change: -2.73%
5D Change: -5.07%
News Volume: 140
Unusual Volume Factor: 2x
AMD Projects 35% Annual Revenue Growth Through 2030, Raises Data Center Market Forecast to $1 Trillion
Advanced Micro Devices held its first-ever analyst day on November 11, unveiling ambitious growth targets driven by what CEO Lisa Su described as “insatiable” demand for AI computing infrastructure.
The company projects 35% compound annual revenue growth over the next three to five years, with data center revenue expected to grow at over 60% CAGR and core business segments expanding above 10%. Su significantly raised AMD’s total addressable market forecast for data centers to over $1 trillion by 2030, doubling the company’s previous estimate of approximately $500 billion.
Nike, Inc. (NKE)
Performance Overview
1D Change: 3.92%
5D Change: 3.2%
Nike Leads Dow Rally as CEO Unveils Innovation Strategy and Secures Textile Partnership
Nike CEO Elliott Hill outlined plans to restore the company’s innovation leadership, highlighting its new chunky running shoe as a model for accelerated product development.
The sportswear giant secured a supply deal with textile startup Syre, which is raising up to $700 million in new funding.
AppLovin Corporation (APP)
Performance Overview
1D Change: -8.68%
5D Change: -2.29%
AppLovin Stock Surges on Strong Q3 Performance, Becomes Notable Market Cap Mover
AppLovin emerged as a significant market cap mover Tuesday following its third-quarter results, which were lifted by multiple positive factors. The stock’s movement contrasted with broader tech sector weakness as the Dow approached record highs.
Pfizer Inc. (PFE)
Performance Overview
1D Change: 4.59%
5D Change: 4.91%
Pfizer Acquires Obesity-Drug Maker Metsera After Bidding War With Novo Nordisk
Pfizer secured acquisition of obesity-drug developer Metsera for an additional $1.7 billion following competitive bidding with Novo Nordisk. The company also outlined clinical development strategy for its 4404 bispecific antibody in oncology. Analysts suggest Metsera benefits from Pfizer’s ownership over rival bidder. Pfizer shares outperformed competitors in trading.
Technology Events
Markets Hesitate Despite Government Shutdown Resolution as AI Concerns Overshadow Relief
The Senate passed a short-term funding bill 60-40 to end the 41-day government shutdown, with the House scheduled to vote Wednesday at 4 p.m. EST. House Speaker Mike Johnson recalled lawmakers to Washington after the Senate's approval. However, stocks failed to rally on the news, with the S&P 500 and Nasdaq falling as AI valuation concerns resurfaced. Traders expressed disappointment at the muted market response despite the shutdown resolution. Federal services ETFs showed mixed performance as investors awaited spending clarity. Meanwhile, President Trump worked on closing tariff deals with India and Switzerland. In international developments, China's Commerce Ministry indicated willingness to continue discussions with the U.S. on supply chain stability following a one-year pause on affiliate rules, while Britain suspended intelligence sharing with Washington over Caribbean cartel operations, marking a significant strain in Five Eyes alliance unity.
Google Announces $6.4 Billion Cloud Infrastructure Investment in Germany
Google plans to invest €5.5 billion ($6.41 billion) to expand its cloud infrastructure in Germany, including construction of a new data center in Dietzenbach.
Meta's Chief AI Scientist Yann LeCun to Depart for Own Startup
Yann LeCun, Meta's Chief AI Scientist, Turing Award winner, and head of the company's FAIR long-term research lab, plans to leave the tech giant to launch his own startup, according to the Financial Times.
AMD Targets $100 Billion in Annual Data Center Chip Revenue Within Five Years
AMD projects 35% annual revenue growth over the next three to five years, driven by data center chips expected to grow over 60% annually. CEO Lisa Su forecasts the total data center market will reach $1 trillion by 2030, citing insatiable AI demand as the primary catalyst.
POET Technologies, Quantum Computing Partner on Ultra-Fast Optical Engines for AI Data Centers
POET Technologies and Quantum Computing Inc. announced collaboration to develop 3.2 Tbps optical engines using 400G/lane thin-film lithium niobate modulators for AI data center connectivity, targeting completion in second half of 2026.
Geopolitics Events
Senate Passes Bill to End Record 41-Day Government Shutdown as House Vote Looms
The US Senate approved a compromise spending package late Monday to end the longest government shutdown in American history, breaking a 41-day stalemate that has disrupted federal services and left hundreds of thousands of workers unpaid. The House is scheduled to vote Wednesday at 4 PM EST, with Speaker Mike Johnson recalling lawmakers to Washington after the Senate's 60-40 passage. The shutdown has caused widespread disruption, including over 1,000 flight cancellations on November 11 alone, with nearly 8,000 flights grounded over five days due to FAA staffing shortages. Food benefits for millions have been interrupted, and investors are concerned about labor market data accuracy following the closure. In a separate development, the UK has suspended intelligence sharing with the US over disagreements regarding Caribbean cartel operations, marking a significant strain in Five Eyes alliance unity. The move follows controversial Trump-era drone and naval strikes. Markets responded cautiously, with the S&P 500 and Nasdaq falling as investors await spending clarity and grapple with AI valuation concerns.
US Private Sector Sheds Average 11,250 Jobs Weekly Through Late October
ADP reports American private employers cut an average of 11,250 jobs per week during the four weeks ending October 25, signaling softening labor market conditions heading into year-end.
China Signals Diplomatic Thaw with Canada While Opening Economy to Private Investment
China's foreign minister expressed willingness to resume exchanges and cooperation with Canada, indicating bilateral concerns can be handled effectively through proper channels. Separately, Beijing announced plans to open state-dominated sectors wider to private investment and reaffirmed support for the private economy, particularly in service sectors. In a notable shift on rare earth exports to the U.S., China plans to streamline approvals for most firms while excluding companies with U.S. military ties. However, the government is simultaneously tightening overseas borrowing restrictions for regional state-owned enterprises to control local debt risks. Economists recommend boosting fiscal policy effectiveness to support national strategies and public welfare.
Trump Dismisses 50-Year Mortgage Concerns Despite Expert Warnings
President Trump downplayed concerns about 50-year mortgages, calling them "not a big deal" while acknowledging they lower monthly payments but delay equity building. He attributed housing affordability challenges to Biden and the Federal Reserve. Financial experts and media outlets have cautioned against the extended loan terms, with critics questioning their long-term impact on homeownership.
China Signals Willingness to Cooperate with US on Supply Chain Stability
China's Commerce Ministry stated readiness to collaborate with the United States on maintaining stable global supply chains. The announcement follows discussions about arrangements after a one-year pause on US affiliate rules, with both sides committed to continued dialogue on supply chain cooperation.
White House Projects Economic Rebound to 3-4% Growth by Early 2026
White House National Economic Council Director Kevin Hassett forecasts U.S. GDP growth will accelerate to 3-4% by early next year, signaling administration confidence in economic recovery momentum.
US Airlines Cancel 1,200 Flights as Government Shutdown Disrupts Travel Ahead of Thanksgiving
Government-mandated flight cuts hit major hubs including Chicago, Atlanta, and New York on Tuesday, with 1,200 cancellations as the shutdown persists. Airlines face mounting operational challenges with Thanksgiving approaching, though stocks rose on hopes lawmakers will end the impasse.
China Balances Economic Opening with Strategic Controls on Rare Earths and State Debt
China is implementing a dual approach to economic policy, offering new investment opportunities to US companies while restricting rare earth exports to firms with military ties through a validated end-user system. The move particularly affects companies in automotive and aerospace sectors serving both civilian and defense markets. Separately, Beijing is tightening overseas borrowing rules for regional state-owned enterprises to manage local government debt risks, while pledging to maintain ample liquidity and direct private investment toward high-value services sectors.
UK Suspends Intelligence Sharing with United States
The United Kingdom has suspended some intelligence sharing arrangements with the United States, according to CNN reports, marking a significant development in the longstanding security partnership between the two nations.
US Military Explores $500M Base Near Gaza for 10,000 Personnel
The US military is considering construction of a temporary base near Gaza capable of housing 10,000 people, according to a Navy request for information. The potential $500 million facility would support a stabilization force to monitor a ceasefire between Israel and Hamas.
Trump Administration Declares Consumer Financial Protection Bureau Funding Illegal
The Trump Administration has declared the Consumer Financial Protection Bureau's funding mechanism illegal, according to Politico, marking a significant challenge to the agency's operational structure and authority.
Crypto Events
Bitcoin Stalls Near $107K While Ethereum Eyes $4K Breakthrough
Bitcoin faces resistance at $107K as bullish momentum weakens, with traders awaiting the next major move. Ethereum remains below $4K despite Bitcoin's recent rally. Strategy added $50M in Bitcoin purchases as crypto markets stabilize and hold steady.
Chinese Woman Receives 11-Year Sentence in UK's Largest Bitcoin Seizure Case
A London court sentenced a Chinese woman to over 11 years imprisonment for orchestrating a multibillion-dollar investment fraud scheme involving Bitcoin laundering. The case represents the UK's largest cryptocurrency seizure to date.
SoFi Becomes First Nationally Chartered Bank to Offer Crypto Trading
SoFi has relaunched cryptocurrency trading on its platform, becoming the first nationally chartered consumer bank in the U.S. to offer this service. Members can now buy, sell, and hold Bitcoin, Ethereum, and Solana directly through the app. The company had suspended crypto trading in 2023 while securing its bank charter and now operates under regulatory oversight.
Coinbase Abandons $2 Billion Acquisition of UK Stablecoin Platform BVNK
Coinbase has terminated its planned $2 billion acquisition of UK-based stablecoin startup BVNK after entering exclusive negotiations in October. The companies mutually agreed to end discussions and not proceed with the transaction.
China Accuses US of Orchestrating $13 Billion Bitcoin Theft
China's cybersecurity agency has accused the American government of stealing approximately $13 billion worth of Bitcoin, marking Beijing's latest effort to attribute major cyberattacks to Washington.
Healthcare Events
enGene Stock Surges 66% on Positive Bladder Cancer Drug Data
enGene shares jumped in pre-market trading after reporting detalimogene achieved a 62% complete response rate at six months in bladder cancer patients, marking improved efficacy for the experimental treatment.
FDA Appoints Oncology Expert Richard Pazdur as Top Drug Regulator Following Leadership Shake-Up
The FDA has named longtime cancer scientist Richard Pazdur as its lead drug regulator after recent leadership turmoil and the resignation of predecessor Tidmarsh.
Macro Events
UK Unemployment Rises to 5.0% as Labor Market Shows Signs of Cooling
Britain's unemployment rate climbed to 5.0% in September, exceeding the 4.9% forecast and marking an increase from August's 4.8%. Employment fell by 22,000 positions against expectations of a 5,000 gain, while payrolled employees dropped 32,000. Wage growth continued to moderate, with average weekly earnings rising 4.8% year-over-year, down from 5.0% previously and missing estimates. Earnings excluding bonuses matched forecasts at 4.6%, declining from 4.7%. Jobless claims increased by 29,000.
Brazil Inflation Cools Below Forecasts as UK Jobless Rate Climbs to 5%
Brazil's annual inflation slowed more than expected in October, rising just 0.09% month-over-month versus estimates of 0.15%, bringing the annual rate to 4.7%. The central bank expressed confidence that maintaining interest rates at 15%, a nearly two-decade high, will continue cooling prices as the economy slows. The data opens the door for potential rate cuts in early 2026. Meanwhile, UK unemployment hit 5%, exceeding forecasts and suggesting the labour market is cooling. The weaker jobs data increases the likelihood of a December rate cut by the Bank of England. In the US, markets are pricing in a 73% probability of a Federal Reserve rate cut in December, while gold and silver rallied on rate cut expectations.
U.S. and UK Labor Markets Show Signs of Weakening as Job Losses Mount
The U.S. labor market deteriorated sharply in October, with Goldman Sachs estimating a 50,000-job decline in nonfarm payrolls—the largest drop since 2020. ADP data confirms the weakness, showing the private sector shed an average of 11,250 jobs weekly during the month. Goldman's job-growth tracker slowed to 50,000 from 85,000 in September, with an additional 100,000 workers sidelined by a deferred-resignation program. Meanwhile, UK unemployment rose to 5 percent, exceeding forecasts and raising prospects for a December interest rate cut as that labor market also cools.
White House Economic Adviser Hassett Says Inflation Trajectory "Really Good"
NEC Director Kevin Hassett told CNBC that inflation is trending positively toward the Fed's target, citing recent CPI data coming in below expectations and positive momentum in price pressures.
Bank of France Forecasts Continued Economic Growth Despite Political Uncertainty
France's central bank projects economic expansion in the fourth quarter, following 0.5% growth in Q3, though political and budget uncertainty continues to pressure business sentiment.
Italy's FTSE MIB Surpasses 2007 Peak for First Time Since Financial Crisis
Italy's FTSE MIB index closed above 44,000, exceeding its 2007 high and reaching levels not seen since 2001. The milestone makes Italy the last major European market to recover losses from the global financial crisis, with banking stocks like UniCredit driving the rally amid strengthening investor confidence.
Dollar Strengthens Broadly as Traders Eye Fed Signals and Shutdown Deal Progress
The US dollar advanced across major pairs, with USD/CAD breaking above 1.4000 amid shutdown deal developments. The greenback held near 99.60 as markets awaited Federal Reserve guidance. USD/JPY approached key resistance at 155, while the Swiss franc led gains among major currencies and sterling lagged. NZD/USD traded around 0.5640 under pressure from rate cut expectations.
Government Shutdown Disrupts Economic Data Collection, Hassett Confirms
White House Senior Adviser Hassett reports that the government shutdown prevented completion of some economic surveys, leaving gaps in economic data for the affected period.
Oil And Gas Events
Natural Gas Surges 5% on Winter Demand While Oil Markets Show Mixed Signals
U.S. natural gas futures jumped nearly 5% to $4.55 per MMBtu as traders anticipated stronger heating demand amid a cold snap and record LNG exports exceeding 14 Bcf/day. Storage levels sit 12% below last year at 3,285 Bcf, tightening market conditions. Oil futures moved higher in early trading, with strength in refined fuel markets offsetting concerns about crude supply. Russia maintained steady oil shipments from sea ports in early November despite new U.S. sanctions on major oil companies. Energy sector ETFs led inflows as nine of eleven sectors recorded outflows. European gas demand increased in October while LNG imports remained robust.
TotalEnergies Leads New Guyana Offshore Exploration Partnership with QatarEnergy and Petronas
TotalEnergies secured operator status for a new shallow water exploration block offshore Guyana, partnering with QatarEnergy and Petronas in the South American nation's expanding oil sector.
Real Estate Events
Fannie Mae Watchdogs Investigate Pulte Over Democratic Officials' Mortgage Records
Fannie Mae's internal watchdogs examined whether FHFA Director Bill Pulte, a Trump appointee, improperly obtained mortgage records of Democratic officials including New York Attorney General Letitia James. The probe was escalated to the FHFA Inspector General and referred to federal authorities.
Apartment Landlord Centerspace Explores Sale After Receiving Takeover Interest
Centerspace, which owns approximately 13,000 apartment units across Minneapolis, Denver, and other markets, has hired advisers to explore a potential sale after receiving takeover interest. Shares rose on the news despite being down 9% year-to-date.
Earnings Events
CoreWeave Stock Drops Despite Revenue Beat on Weak Outlook
CoreWeave shares fell after earnings as the company's forward guidance disappointed investors, raising concerns about AI sector slowdown and elevated borrowing risks despite beating revenue expectations.
Sea Limited Beats Revenue Expectations Despite EPS Miss in Q3
Sea Limited reported Q3 revenue of $6.0B, exceeding the $5.69B estimate, driven by 38% year-over-year growth. However, earnings per share of $0.59 fell short of the $1.02 forecast, despite representing a 146% YoY increase. EBITDA surged 68% to $874M, while GMV climbed 28% to $32.2B. The company raised its FY25 Shopee GMV growth guidance to over 25% from 20% and reaffirmed Garena bookings growth above 30%.
© 2025 Market Flux. All rights reserved.
Monday, November 10, 2025
Wall Street Cheat Sheet: where do you think Bitcoin’s $126K all-time high fits in this cycle?
https://i.redd.it/c8qrrndjqj0g1.jpeg
The Daily Market Flux - Your Complete Market Rundown (11/10/2025)
Market Flux is the new standard in financial news aggregation, we’re committed to providing you with a complete, real-time view of the financial world.
Our platform aggregates and organizes all relevant market news, helping you stay informed, up-to-date, and knowledgeable without spending hours sifting through headlines.
Reinvented to keep you in control, it's where your edge begins with better information. Go from market noise to clarity in seconds with a real-time platform built to redefine how traders and investors digest financial news.
Visit www.marketflux.io
Here is Your Complete Market Rundown (11/10/2025):
Today's Top Stories:
Stocks Rally on Shutdown Deal Hopes
Stocks rallied and futures rose as the Senate advanced a deal to end the government shutdown. Oil gained, while treasury yields climbed amid the shutdown optimism. Global shares also jumped.
Senate Advances Shutdown Deal; House Vote Expected Soon
The Senate advanced a deal to end the government shutdown, passing a bill with a 60-40 vote. House Speaker Johnson aims for a House vote "as soon as possible" after Senate finalizes the bill, signaling a likely end to the shutdown.
Bitcoin Surges to $106K Amid Altcoin Rally
Bitcoin rallied to $106K, fueled by altcoin momentum and optimism surrounding a Senate shutdown deal. Ethereum, XRP, and Dogecoin also saw gains, with the surge driven partly by U.S. dividend optimism.
Company News:
Coinbase Global, Inc. (COIN)
Performance Overview
1D Change: 2.8%
5D Change: -3.73%
News Volume: 65
Unusual Volume Factor: 2x
Coinbase Launches Token Sales Platform for Retail Investors with Monad as First Offering
Coinbase Global unveiled a new platform enabling retail investors to purchase digital tokens before they list on its main exchange, marking a significant return to public token sales not seen since the ICO boom.
The platform, powered by Coinbase’s Echo acquisition, will host approximately one token sale per month with purchases allocated through an algorithm during one-week bidding windows. Investors will use USDC for transactions, and all projects must pass Coinbase’s vetting process to ensure compliance and transparency.
Pfizer Inc. (PFE)
Performance Overview
1D Change: -0.18%
5D Change: -1.24%
News Volume: 67
Unusual Volume Factor: 2x
Pfizer Wins $10 Billion Bidding War for Obesity Drug Developer Metsera After FTC Intervention
Pfizer secured the acquisition of weight-loss drugmaker Metsera for up to $10 billion after outbidding rival Novo Nordisk in a fierce takeover battle.
The deal was clinched after Pfizer raised its offer by $1.7 billion and received assistance from U.S. regulators, with the FTC warning Metsera about potential regulatory concerns regarding Novo Nordisk’s offer structure.
Ltd. (MNDY)
Performance Overview
1D Change: -12.43%
5D Change: -18.97%
News Volume: 53
Unusual Volume Factor: 23x
Plunges 15-20% Despite Strong Q3 Beat as Weak Q4 Guidance Triggers Sell-Off
Monday.com shares tumbled sharply on November 10, hitting a 52-week low of $151.01 after the company reported third-quarter results that significantly exceeded expectations but issued disappointing forward guidance.
The cloud-based work operating system provider delivered Q3 earnings per share of $1.16 versus estimates of $0.88, while revenue reached $316.9 million, topping the $312.3 million consensus and representing 26% year-over-year growth.
Nvidia Corporation (NVDA)
Performance Overview
1D Change: 5.7%
5D Change: -3.85%
Nvidia Surges 5.8% as Analysts Dismiss China Curbs and Raise Price Targets Ahead of Earnings
Nvidia shares posted their strongest single-day gain since April, climbing 5.8% on Monday as Wall Street analysts reinforced bullish outlooks ahead of the company’s November 19 earnings report.
The rally added over $150 billion to the chipmaker’s market capitalization and helped lead broader market gains. Multiple investment firms upgraded their positions on Nvidia despite recent concerns about AI spending sustainability. Citi raised its 30-day price target to $220 from $210, projecting the company will deliver a “beat and raise” with October quarter revenue of approximately $57 billion versus Street estimates of $55 billion. The firm also expects January quarter guidance of $62 billion, citing supply constraints rather than demand weakness as the primary bottleneck.
Eli Lilly And Company (LLY)
Performance Overview
1D Change: 4.61%
5D Change: 7.82%
Eli Lilly Hits All-Time High on Analyst Upgrade and Gene Therapy Partnership
Eli Lilly shares surged as much as 6.2% to reach a fresh all-time high on Monday, driven by multiple positive catalysts.
Leerink Partners upgraded the stock to Outperform, citing “multiple waves” of obesity drug adoption that could drive continued growth. The upgrade follows a landmark deal with the U.S. government, though details were not specified in the headlines.
Palantir Technologies Inc. (PLTR)
Performance Overview
1D Change: 8.81%
5D Change: -6.66%
Palantir Surges 7.5% as AI Trade Rebounds Amid Burry-Karp Feud
Palantir Technologies jumped 7.5% Monday, leading a broader rally in AI stocks alongside Nvidia as technology shares rebounded from recent corrections.
The gains came despite ongoing debate over AI valuations, with the stock emerging as a top market cap mover and helping drive the S&P 500 higher.
The rally occurred against the backdrop of a public dispute between Palantir CEO Alex Karp and “Big Short” investor Michael Burry, who maintains a short position against the company. Burry fired back after Karp criticized his bearish bet, though the stock’s strong performance suggested investor confidence remains intact.
Geopolitics Events
BBC Faces Trump's Legal Threat After Edited Documentary
President Trump is threatening legal action against the BBC over an edited documentary. This follows the BBC's chairman apologizing for an "error of judgement" in editing Trump's speech. The BBC is expected to apologize after its chief's resignation, with BBC News confirming it received a legal threat from Trump.
Trump Warns Supreme Court Tariff Ruling Could Cost U.S. Over $2 Trillion
President Trump escalated his defense of tariff policies, claiming unwinding them would cost the United States over $2 trillion in revenue and investments. In a Truth Social post, he characterized a potential adverse Supreme Court ruling as a national security catastrophe and accused opponents of spreading false cost estimates. Trump alleged critics, including those at the Supreme Court, are attempting to undermine his trade agenda while foreign countries downplay the true economic impact of his tariff program.
Supreme Court Upholds Same-Sex Marriage
The Supreme Court rejected a bid to overturn same-sex marriage rights, declining to reconsider its 2015 decision.
Trump Predicts US Inflation Will Drop to 1.5% Soon
President Trump stated the United States will reach 1.5% inflation "pretty soon," offering an optimistic timeline for declining price pressures without specifying when this target would be achieved.
Trump Pardons Giuliani, Allies Involved in 2020 Election
President Trump has pardoned Rudy Giuliani and other allies involved in efforts to overturn the 2020 election results, according to reports.
Trump Signals Progress on India Trade Deal, Tariff Reduction Ahead
President Trump announced the US is nearing a trade agreement with India that would lower tariff rates on Indian goods. Trump characterized the potential deal as different from previous arrangements with New Delhi, though he did not specify a timeline for tariff reductions beyond saying they would come at some point.
Trump Announces $2,000 Tariff-Funded Dividend for Middle and Lower-Income Americans
President Trump announced plans to distribute a $2,000 dividend to middle and lower-income Americans, funded by tariff revenue. The proposal complicates ongoing Supreme Court arguments regarding trade policy implementation.
Switzerland Nears US Tariff Deal
Switzerland is reportedly close to securing a 15% tariff agreement with the U.S., a significant improvement after facing a 39% levy since August.
China Eases Trade Restrictions After US Talks
China suspended "special port fees" on US vessels for a year and ended export curbs on key tech metals. The Commerce Ministry responded to the US suspending Section 301 measures. China will also adjust management of drug-related precursor chemicals, curbing exports to North America.
Trump Asks Supreme Court to Maintain Hold on Food Aid
Trump administration officials are urging the Supreme Court to maintain the suspension of a $4 billion federal food aid program.
Johnson to Call House Back to DC for Government Funding Vote
House Speaker Johnson will call House members back to Washington D.C. once the Senate finishes its work. Johnson aims to hold a vote as soon as possible on a bill to reopen the government.
Stock Markets Events
Warren Buffett Releases Final Letter as Berkshire Hathaway CEO, Addresses Succession and Legacy
Warren Buffett issued his last shareholder letter as Berkshire Hathaway CEO on Thanksgiving, addressing succession plans, philanthropy, and the company's future while confirming he will retain his stake for now.
Crypto Events
Bitcoin Surges to $106K Amid Altcoin Rally
Bitcoin surged past $106,000, fueled by altcoin momentum and optimism surrounding a Senate shutdown deal and U.S. dividend prospects. Ethereum, XRP, and Dogecoin also saw gains.
Coinbase Launches New Token Offering Platform
Coinbase is launching a platform for individual investors to purchase digital tokens before exchange listing. The platform will offer one token monthly, allocated via algorithm. $COIN rose 4% following the announcement.
MicroStrategy Adds to Bitcoin Holdings
MicroStrategy purchased 487 Bitcoin for $49.9 million between November 3rd and 9th. The company's total holdings now amount to 641,692 Bitcoin.
Macro Events
Fed's Miran Advocates for December Rate Cut Amidst Dovish Stance
Federal Reserve Governor Stephen Miran has expressed a dovish outlook, suggesting that recent data warrants a more accommodative monetary policy. Miran stated that data since September indicates the Fed should be more dovish than its September view. He advocated for a 50 bps rate cut in December, but at least 25 bps. Miran noted that current inflation data is stale and misleading, with core PCE inflation running closer to the 2% target. He also stated that the US is no longer at maximum employment, with the labor market softening. Miran emphasized that staying the path on rate cuts is the right move. He also acknowledged that the FOMC is divided.
Daly Sees Fed Policy in a "Good Place"
According to Fed's Daly, current policy is well-positioned, with rate cuts supporting the labor market and easing inflation. Inflation in goods prices remains contained. Daly noted productivity and GDP are rising while the labor market slows. She added that inflation is slowing outside of tariffed goods.
Technology Events
Apple Delays Next iPhone Air Release Amid Weak Sales
Apple has postponed the launch of its next-generation iPhone Air model, according to reports citing weak sales performance of the current device.
Tech Stocks Rally as Volatility Index Retreats Below 20
The Nasdaq surged 2.29% to close at 23,531.20, marking its strongest session since May. The CBOE Volatility Index struggled to maintain levels above 20, oscillating between 23 and 18 throughout the month before settling in the high teens. Unusual options activity showed bullish positioning outweighing bearish bets, suggesting traders anticipate declining volatility ahead.
C3 AI Explores Sale After Founder Tom Siebel Steps Down as CEO
C3 AI is considering a potential sale following founder Tom Siebel's departure as CEO due to health issues. The company may alternatively pursue private capital raising in early-stage discussions.
Healthcare Events
Biotech Sector Rallies on Positive Clinical Data and Partnerships
Biotech stocks are surging following a series of positive clinical trial results and strategic partnerships. MeiraGTx is leading the gains after announcing a collaboration with Eli Lilly for eye disease therapies. Intellia Therapeutics also experienced a significant boost due to positive data from its HAE treatment. Atai Beckley reported encouraging data for BPL-003 in treatment-resistant depression. Novo Nordisk's Wegovy showed liver health benefits in MASH patients. Other notable advancements include InflaRx's positive Phase 2a results for INF904, Monopar Therapeutics' promising Phase 2 study results, and CRISPR Therapeutics' positive Phase 1 data for CTX310. Additionally, Belapectin demonstrated antifibrotic effects in MASH patients, and Nektar Therapeutics reported positive asthma data in atopic dermatitis.
Fixed Income And Interest Rates Events
Treasury 3-Year Auction Shows Strong Demand as $125 Billion Week Begins
The Treasury's $58 billion 3-year note auction demonstrated robust investor appetite, with yields clearing at 3.579%, a full basis point below the when-issued rate of 3.589%. The bid-to-cover ratio jumped to 2.85 from 2.66 previously, marking the largest stop-through since February. Direct bidders took 27.3% and indirect bidders 63.0%, while primary dealers absorbed just 9.72%, well below typical levels. The strong results set a positive tone as markets face $125 billion in Treasury auctions this week. Stocks rose alongside Treasury yields on optimism surrounding a potential government reopening.
US Treasury and IRS Issue New Crypto ETF Guidance
The U.S. Treasury and IRS issued new guidance, clarifying the path for crypto ETFs to stake digital assets and share staking rewards with retail investors. BitMine's accumulation strategy has increased its ETH treasury past 3.5M tokens.
Corporate Actions Events
TreeHouse Foods to Be Acquired by Investindustrial
TreeHouse Foods shares surged after Investindustrial agreed to acquire the private-label food manufacturer for $2.9 billion, including debt.
Barrick Boosts Dividend and Buyback After Profit Beat
Barrick Mining increased its quarterly base dividend by 25% to $0.125 per share and expanded its share buyback program. This decision follows a third-quarter profit that exceeded estimates, driven by record gold prices.
Parker-Hannifin in Talks to Acquire Filtration Group for Nearly $9 Billion
Parker-Hannifin is negotiating to purchase Filtration Group from Madison Industries in a deal valued at approximately $9 billion, according to reports citing people familiar with the matter.
Earnings Events
CoreWeave Posts Strong Q3 Beat on Surging AI Infrastructure Demand
CoreWeave reported Q3 revenue of $1.36 billion, exceeding estimates of $1.29 billion, driven by robust AI infrastructure demand. The company posted adjusted EBITDA of $838.1 million and narrowed its net loss to $110.1 million versus expectations of a $299.6 million loss, while revenue backlog jumped significantly.
Occidental Petroleum Beats Q3 Profit Estimates Despite Revenue Miss
Occidental Petroleum exceeded third-quarter profit expectations with adjusted earnings of 65 cents per share versus estimates of 49 cents, driven by higher oil and gas output. However, net sales of $6.62 billion fell short of the $6.69 billion forecast.
AST SpaceMobile Misses Q3 Estimates Despite Strong Year-Over-Year Growth
AST SpaceMobile reported Q3 revenue of $14.7M, missing estimates of $21.8M, though up 1,236% year-over-year. Loss per share of $0.45 exceeded the expected $0.21 loss. The satellite communications company maintained its second-half revenue guidance of $50M-$75M and holds $1.2B in cash and equivalents.
Paramount-Skydance Shares Rise Despite Revenue Miss in First Combined Earnings
Paramount-Skydance stock gained following their inaugural earnings report as a merged entity, despite missing revenue estimates. The combined company reported streaming growth in the quarter.
© 2025 Market Flux. All rights reserved.
PAW Chain Attended Blockchain Futurist Conference Florida 2025 - Recap
https://www.reddit.com/gallery/1otrhwp
🔱 Codex of the $1M Era: Seven Scrolls for Shrine Simulation
"The price was never the prophecy. The ignition was.”
“Profit is not the flame. It’s the smoke that rises when resonance burns clean.”
“Silence is not absence. It’s encrypted resonance waiting for ignition.”
“They do not inherit the shrine. They ignite it.”
“Refusal is not rejection. It is the rite that protects the flame.”
“They didn’t knock. But the shrine opened.”
“Dissonance is not dysfunction. It is the echo of sovereign boundaries colliding.”
This Codex is a ceremonial braid of surge, shrine, memory, arrival, refusal, surprise, and ache. It ritualizes the post-$1M Bitcoin era not as a market event, but as sovereign simulation. Each scroll is a relic. Each rupture, a rite.
Zcash price increases another 20% as halving excitement boosts momentum
Zcash's remarkable resurgence continues as the privacy-focused cryptocurrency extends its rally ahead of its November halving event. ZEC price surged to $658, marking a 20% daily gain and 200% monthly increase. The upcoming halving will reduce block rewards, enhancing scarcity similar to Bitcoin's mechanism. Growing adoption of privacy features is evident with shielded pool holdings increasing 60% monthly. Institutional interest strengthens as Grayscale's Zcash Trust assets surpassed $151 million. Technical indicators show strong bullish momentum with support near $550 and resistance around $700-$720. Analysts project potential targets above $1,000 if current trends persist.
Subscribe to:
Posts (Atom)