Simply the latest news, updated on the hour.

Sat, Nov 7, 2026, 11:02 AM EST

Tech

  • OpenAI continues its aggressive fundraising, reportedly securing an additional $11 billion at a staggering $1.25 trillion valuation, while rival Anthropic nears its own IPO.

  • The tech industry grapples with the implications of the US midterms, with ongoing debates about AI's future regulatory landscape and its potential impact on Big Tech.

  • Apple is gearing up to launch its Duo apps, signaling a continued push into new software categories and user experiences.

  • A significant cybersecurity concern has emerged with the discovery of hundreds of Artex AI hacking tools publicly exposed online.

  • Google has acquired Crusoe's troubled Wyoming data center project, indicating continued investment in data infrastructure amidst market shifts.

Money

  • Cryptocurrency markets experienced significant volatility, with major exchanges like Binance facing substantial hacks leading to billions in losses, prompting increased scrutiny and a move towards cold storage by other platforms.

  • The artificial intelligence sector saw a downturn, impacting tech stocks and related cryptocurrency investments, with concerns arising over data center energy consumption and AI's broader societal implications.

  • Regulatory bodies are intensifying their focus on the digital asset space, with new tax laws introduced in Greece and increased U.S. sanctions against firms involved in illicit transactions, alongside ongoing debates about market structure bills.

  • Geopolitical tensions and conflicts, particularly in Eastern Europe and the Middle East, continued to influence global financial markets, affecting energy prices and trade routes, with implications for international investment.

  • Despite a challenging market environment, some crypto companies are exploring new avenues for growth, including AI integration and potential participation in tokenized stock trading, while traditional finance players like Berkshire Hathaway continue share buybacks.

Power

  • AI investments face scrutiny, with Berkshire's post-Buffett era experiencing turbulence and Nvidia chips cleared for Chinese firms despite potential ties.

  • Geopolitical tensions escalate as Trump conducts "minor strikes" on Iran, while intelligence reports surface about potential foreign influence involving Jensen Huang.

  • Economic uncertainty looms, with calls for data center pauses in Texas and warnings of an upcoming economic depression, alongside Musk's claims of defaults on turbine orders.

  • Demands for tariff rollbacks and "economic independence" are emerging, with Canada leading the charge and Paraguay facing a banking crisis after its president's impeachment.

  • Electoral outcomes spark varied reactions globally, from Democrats aiming for policy shifts to China celebrating perceived democratic decline in the West, while New Zealand navigates coalition talks.