Democrats won the House and Senate, taking full control of Congress for the first time since 2023, reshaping the legislative landscape after Republicans lost significant ground in midterm elections.
Wall Street plummeted led by semiconductor stocks, amid concerns over Democratic Party regulations on the artificial intelligence industry.
Ukraine expects a shift in US support following the midterm elections where Republicans suffered sweeping losses, with Foreign Minister Andrii Sybiha saying Ukraine's security is inseparable from that of the US.
World
Hong Kong activist Joshua Wong sentenced to 10 years in prison for his second conviction under Beijing's national security law.
North Korea fired several missiles towards its eastern waters after Pyongyang said it saw no need to sit face to face with Washington.
Israeli military attacks killed at least four Palestinians in Gaza, including a child in the Bureij refugee camp.
Business
Nvidia plunged 7.3%, its worst day since April 2025, as tech stocks tumbled with Nasdaq 100 down 5.1% amid AI liquidation concerns.
Wendy's rejected a $1.4 billion buyout offer from Trian and adopted a poison pill defense against the acquisition.
Enhanced Group signed a definitive agreement to acquire a 77% stake in DEAG entertainment company for $115 million.
Technology
Google announced a $17 billion AI data center project while the Nasdaq plunged 5.5% in one of its worst sessions in more than a year.
OpenAI introduced GPT-6 Cyber, a specialized model designed to identify and validate software vulnerabilities under controlled conditions.
Meta dropped 3.4%, Microsoft fell 2.8%, and Nvidia sank 8% as investors worry AI infrastructure economics have become unsustainable.
Science
Scientists developed a membrane that separates crude oil at room temperature using oil itself to create microscopic filtration channels, potentially cutting refining energy consumption by nearly 32%.
A groundbreaking discovery revealed that an ancient human species once thought to be an evolutionary dead end may have left genetic traces in people alive today.
Scientists developed a revolutionary gel that could regrow lost tooth enamel by harnessing minerals naturally found in saliva, potentially overcoming one of dentistry's biggest limitations.
Economy
September PCE inflation, the Fed's preferred metric, rose to 3.6%, confirming that CPI, PPI, and PCE inflation all accelerated.
Cleveland Federal Reserve forecasts show PCE inflation jumping to 3.77% in October and 4.03% in November, while core PCE rising to 3.2% and 3.31% in those months.
October jobs report released today shows economists expected 59,000 new jobs added and unemployment holding steady at 4.2%.
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