Friday's News Links

[CNBC] Nasdaq rebounds after worst rout in 19 months as AI stocks recover: Live updates

[CNBC] 10-year Treasury yield rises after much stronger-than-expected October jobs report

[CNBC] Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble 

[Yahoo/Reuters] Stocks tumble as AI panic sweeps markets, bonds draw haven demand

[CNBC] U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate at 4.1%

[Axios] Trump meets with national security team, says Iran war decision coming "soon"

[AP] Trump discusses Middle East de-escalation with Qatar’s emir, and other Mideast news

[Yahoo/Bloomberg] US and Iran Edge Closer to Deal With Nuclear Issue Back in Play

[Yahoo/Bloomberg] Wall Street Peers Into Abyss of AI Trade as Midterms Expose Risk

[Yahoo/Bloomberg] Fast-Money Systematic Funds Stoked $2.3 Trillion Tech-Stock Rout

[AP] AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

[Yahoo/Reuters] US inflation too high; essential to get back to 2%: Fed's Williams

[Yahoo/Bloomberg] Trump Points Finger at Democrats Over Massive Market Losses

[Reuters] Asian hedge fund Aspex suffers 16% loss in October tech rout, source says

[Bloomberg] Crowded Hedge Fund Trades Are Unwinding Fast After Ugly October

[Bloomberg] AI Selloff Drives Asian Stock Markets to Fresh Grim Milestones

[Bloomberg] AI Has Taken Over Every Corner of the Market

[Bloomberg] Some 40% of US Planned Data Center Capacity Is in States Wanting to Hit Pause

[Bloomberg] Wall Street Traders Wrong-Footed After Bullish Equity Calls

[Bloomberg] Tiger Global, Whale Rock, D1 Battered by AI Jitters in October

[Bloomberg] Macro Trader Haidar’s Hedge Fund Plunged 11.5% in October Tumult

[Bloomberg] Hedge Fund Samlyn Dumps All Stocks But Financials, Cuts Staff

[Bloomberg] Asia Hedge Funds, Rich Investors Face Big Losses in AI Rout

[Bloomberg] A Glossary for Navigating a Markets Meltdown

[Bloomberg] Korea’s $1.7 Trillion Rout Burns Day Traders, Challenges Lee

[Bloomberg] Japan’s Takaichi Eyes BOJ’s ETF Sales to Fund Economic Security

[Bloomberg] El Niño Could Drive a Record Jump in Carbon in the Atmosphere

[WSJ] Hedge Funds Dump Positions and Cut Staff as Selloff Deepens

[WSJ] AI Companies Scramble to Navigate a World Hostile to Data Centers

[WSJ] Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5 Trillion Valuation

[WSJ] Gulf Airports Built to Connect the World Are Now in the Crosshairs

[FT] Tett: The post-midterms playbook for America Inc

[FT] America turns on Donald Trump’s tech cheerleaders

[FT] Iran celebrates Trump’s election defeat as mediators push for deal to end war

[FT] The echo chamber of Xi Jinping

[FT] World ‘virtually certain’ to exceed average 1.5C of warming in 2026, EU agency says

Intraday Chart Updates at the New CBB Website

A major de-risking/deleveraging event has unfolded.  Check out the Timely Charts on the home page and Financial Conditions charts on the Charts page - that are updated early in the session and throughout the day. New CBB site link

Thursday Evening Links

[CNBC] Stock futures fall after Nasdaq slips into correction; traders await big payrolls report: Live updates

[AP] A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4%

[Reuters] Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

[Reuters] AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

[CNBC] Elon Musk’s Tesla and SpaceX lose over $420 billion in combined market cap after midterms

[Yahoo/Reuters] Brent crude jumps, settles up over $3 after tanker attacks

[Yahoo Finance] Retail traders dump $358 million in stocks in biggest selling day since 2020

[CNBC] The October jobs report is out Friday. Here’s everything to expect

[Yahoo/Reuters] Fed's Hammack, Barkin favor gradual rate-hike path to lower inflation

[Bloomberg] Hedge Funds Were ‘Massive’ Sellers of AI Debt, RBC’s Skiba Says

[Bloomberg] Mystery Seller Seeks to Dump $500 Million of Data Center Loans

[Bloomberg] SpaceX Default Risk Hits Record High in Tech-Driven Credit Slump

[Bloomberg] AI Companies Brace for New Challenges After Democrats’ Win

[Bloomberg] Nvidia CEO Pressed by US Lawmakers Over Tie to Firm in Spy Probe

[NYT] Stocks Plunge as Midterm Results Renew A.I. Anxiety

[NYT] Tech Billionaires Face Tricky Political Waters After Democratic Sweep

[WSJ] Wall Street Gets $2.5 Trillion AI Reality Check With Historic Rout of Tech Stocks

[WSJ] Leveraged ETFs Could Be Factor in Rout

[WSJ] White House Warns Conservative Groups It Is ‘Monitoring’ Their Statements

[FT] Wall Street sheds $3.2tn as Democratic midterm sweep triggers brutal AI rout 

[FT] Wall Street mega-donors clobbered by Democratic sweep

Thursday Afternoon Links

[CNBC] Dow drops 1,800 points; Nasdaq tumbles into correction territory on AI tech wreck: Live updates

[Yahoo/Reuters] Wall Street fear gauge jumps most since 'Liberation Day' as AI trade stumbles

[Yahoo/Reuters] Chip selloff drags global stocks lower on AI spending concerns

[Yahoo/Reuters] Nasdaq 100 eyes $1.8 trillion loss as Democratic win sparks AI delay fears

[Yahoo Finance] Chip stocks get slaughtered as Wall Street heads for its worst post-midterm day since 1896

[CNBC] Qualcomm slides 9% after earnings, leading postelection chip stock sell-off

[Yahoo Finance] Micron stock declines 12% as chip sell-off deepens

[Yahoo/Reuters] Oil rises over $2 as investors assess Iran war future

[Yahoo/Reuters] Banks brace for tighter oversight from US Congress after Democrats sweep

[AP] More than 600,000 rally across France to demand higher wages and school funding

[Bloomberg] Bitcoin Sinks to Seven-Week Low as Risk-Off Mood Deepens

[Bloomberg] SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds

[Bloomberg] Poorer Nations Face Highest Debt Costs Since 1989, World Bank Says

[Bloomberg] Bank Collapse Topples a President and Trump Ally in Paraguay