Key News
1. US October non-farm payrolls exceeded expectations, increasing market bets on a December rate hike by the Federal Reserve.
2. The US October unemployment rate was 4.1%, compared to market expectations of 4.2%.
3. Trump: A decision will be made soon on whether to further strike Iran to ensure the end of its nuclear program.
Stock News
1. Tesla (TSLA.O) plans to halt Cybertruck production and switch to Cybercab.
2. Alphabet (GOOG.O), Google's parent company, held $88.3 billion in 13F filings in the third quarter.
3. Cloudflare (NET.N) rose over 20% pre-market after raising its full-year profit forecast for the third time this year.
4. According to The New York Times, SoftBank is in talks to invest hundreds of millions of dollars in OpenAI.
5. Airbnb (ABNB.O) rose nearly 14% pre-market after raising its annual revenue growth forecast.
6. IREN (IREN.O) surged over 16% pre-market, with Q1 AI cloud revenue jumping 182% quarter-over-quarter.
7. Anthropic (ANT.O) will begin its IPO roadshow next week; its $1.5 trillion valuation may shrink to $1 trillion.
8. Lyft (LYFT.O) plans to significantly expand its Waymo driverless taxi fleet in Nashville by the end of the year.
9. The US Democratic Party will target Apple (AAPL.O), Meta Platforms (META.O), and Musk's companies in its investigation.
