Good morning.
The Fast Five → Stocks erase post-election rally gains, traders' bullish equity calls backfire, weekly jobless claims at 57-yr lows, investors skeptical Anthropic IPO can achieve $1.5T valuation, and democrats gear up to probe JPMorgan’s relationship with Epstein…
📌 One chip. A million potential paydays: Own Elon's chip stock by December 8th →
(from Behind The Markets)
Calendar: Full Calendar »
Today:
Average Hours Earnings, 8:30A
Non-Farm Empl Change, 8:30A
Unemployment Rate, 8:30A
Prelim Consumer Sentiment, 10A
Prelim Inflation Expectations, 10A
Monday:
None watched
Your 5-minute briefing for Friday, November 6:
BEFORE THE OPEN
As of market close 11/5/2026.
Pre-Market:
Market Wrap:
Futures: Dow -291 (-0.6%), S&P -0.6%, Nasdaq -0.8%
Thu: Dow -1,800+ (-3.4%), S&P -4.4%, Nasdaq -5.5%
Nasdaq entered correction territory after steep selloff
AI stocks plunged amid data center regulation concerns
Micron and AMD sank 17%, Nvidia dropped 9%
Asian markets tumbled, with South Korea down over 8%
October payrolls expected +59K; unemployment at 4.2%
EARNINGS
Nothing watched today. See full earnings calendar »
Elon Pays This Company. Every Time.
Every Tesla. Every Starlink dish. Every AI satellite Elon sends up. One small company gets paid on all of it, and Elon's been paying them since 2012.
When NVIDIA tried to buy them, Elon fought the deal. Now he's filed for 1,000,000 satellites. That could mean a 100X bigger bill.
Dylan Jovine believes this stock takes off October 24th.
- A sponsored message from Behind The Markets -
HEADLINES
Nasdaq drops 5% as a chip selloff bleeds into other sectors of the economy.
Other investors say October financial results could lessen the blow of the market rout.
Chip stocks get slaughtered, worst post-midterm market day since 1896 (more)
Wall Street traders' bullish equity calls backfire (more)
Trump points finger at Democrats over massive market losses (more)
'Tax the rich' wins in ballot measures across the US (more)
Democrats gearing up to probe JPMorgan’s relationship with Epstein (more)
Banks brace for tighter oversight from US Congress (more)
US weekly jobless claims at 57-year lows (more)
Oil bounces after its worst 3-day drop since 2021 (more)
Nvidia has lost nearly $1.4 trillion since its October record (more)
SpaceX, Tesla stocks tumble on merger prospects, AI build-out (more)
Micron stock declines 12% as chip sell-off deepens (more)
Tapestry lifts outlook as young shoppers snap up Coach bags, shares jump (more)
Toyota stock surges as hybrid sales, weaker yen boost profit forecast (more)
Zipline hits $21.5B valuation as Walmart expands bet on drone delivery (more)
Hedge funds dump positions and cut staff as selloff deepens (more)
DEALFLOW
M+A | Investments
Dropbox acquires Tigris Data for $350M
Shield AI to hit $28.8B value with $5.3B radar acquisition
DTE Energy to sell its non-utility business for $3B
Liberty Media acquires John Malone’s super-voting shares
Arnold Palmer Junior Golf Tour receives investment from Weatherford Capital and Bolt Ventures
VC
Laza Medical, AI-powered robotic imaging solutions for cardiac interventions, raised up to $160M in Series B funding
Ocient, an agentic AI solutions platform designed for dynamic, petabyte-scale data, raised $100M in Series C funding
Kalepa, a provider of professional-grade AI solutions for insurance, raised $75M in Series B funding
Numica, an AI-first accounting platform that optimizes small US accounting practices, raised $21M in combined equity and debt financing
firmly, a no-code agentic commerce platform connecting merchants to digital channels, raised $15M in Series A funding
Brava Security, an AI-driven security operations platform, raised $15M in Seed funding
RadianX, a provider of ultra-thin certified perovskite solar modules, raised $9M in Seed and project financing
Aformic, a robotics company that designs and deploys autonomous mobile robots and fleet-management software, raised $6.95M in Seed funding
Cowboy, a provider of an app store platform for AI, raised $5M in funding
Arena.io, a predictive analytics platform that uses career data to predict job success and retention, raised $4.5M in funding
Lombard Systems, a provider of the Delivery-versus-Lock standard, raised $4M across Pre-Seed and Seed funding rounds
Avanlee Care, a healthtech platform designed to engage and activate family caregivers, raised $3.5M in Seed funding
Fathers, an organic clean lager brand, raised $2M in funding
CRYPTO
BULLISH BITES
🤔 Now comes the test for Dems: household budget relief.
🎰 Will AI throttle the retirement money machine?
💪 Your house vs. the stock market: Which has been a better investment?
💌 This watch is a nostalgic love letter to your ’90s computer.
DAILY SHARES
Have feedback or a suggestion?
💌 Send us a message
*sponsored message
Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team.
