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According to prediction market Polymarket, the predicted probability of the Democratic Party winning the 2028 US presidential election has risen to a record high of 69%.

2026-11-04

According to prediction market Polymarket, the predicted probability of the Democratic Party winning the 2028 US presidential election has risen to a record high of 69%.

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2026-11-04

Iran set its November light crude official selling price to Asia at a $6.90/bbl discount to the Oman/Dubai average, versus a $4.55/bbl discount in October.

Iran set its November light crude official selling price to Asia at a $6.90/bbl discount to the Oman/Dubai average, versus a $4.55/bbl discount in October.
2026-11-04

Meta attracted up to $58bn of orders for a USD bond offering—roughly four times the planned at least $15bn deal—while overall cross-border financing is expected to be at least $20bn. The company plans to price a first eurobond as soon as Wednesday. D

Meta attracted up to $58bn of orders for a USD bond offering—roughly four times the planned at least $15bn deal—while overall cross-border financing is expected to be at least $20bn. The company plans to price a first eurobond as soon as Wednesday. Despite strong demand, Meta must pay materially higher yields: a 2056-dated bond is trading about 220bps over U.S. Treasuries, roughly 90bps wider than similar paper in April. Rising AI investment is lifting funding costs across big tech; large tech bond spreads are at their widest since 2003 and some firms’ CDS are near record highs. Analysts expect about $4.5t of AI-related investment over the next three years, with Meta >$740bn. Meta is also raising $37.5bn via common and preferred stock and may issue up to $60bn more in shares; S&P has moved Meta’s rating outlook to negative citing AI spending pressure.
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