Technology analyst Dan Ives said Elon Musk needs to make political overtures to Texas officials to protect SpaceX’s ambitions for AI data centers after Democrats won the midterm elections. According to Sina Finance, Ives said on Anthony Pompliano’s podcast, The Pomp Podcast, that Texas remains central to SpaceX’s infrastructure strategy and Musk cannot simply move the construction work to Florida. After Gina Hinojosa won the Texas governor’s race, scrutiny of new data centers increased. Hinojosa has called for pausing project approvals until stronger protections for electricity, water and communities are in place, while also saying she is open to working with Musk’s companies. Ives previously warned that Democratic gains in the midterm elections could slow the “AI revolution,” particularly in Texas. Last week, reports said the Democratic victory had raised questions about SpaceX’s expansion plans and a possible merger with Tesla. Ives said he still believes SpaceX will acquire Tesla, while noting that political changes could bring additional regulatory hurdles and that SpaceX’s valuation includes a 20% to 25% discount for political risk. After Hinojosa’s win, Musk joked that orbital data centers had become especially attractive. Ives said that option was still years away and that the immediate focus was building in Texas. He said Musk would join negotiations, which would take time, and that both sides had strong reasons to reach an agreement.

The European Union plans to delay a 10% tariff on electric vehicles from the United Kingdom, which was scheduled to take effect on January 1 for most vehicles. According to Sina Finance, the EU is seeking industry feedback on a proposal to postpone the tariff. Under the post-Brexit agreement, electric vehicles must have at least 55% of their value sourced from the EU or UK to qualify for zero tariffs; battery cells and modules must account for at least 65% of their value, and battery packs at least 70%. Vehicles that fail to meet these requirements face a 10% import tariff. The EU proposed in late 2023 to delay implementation of the stricter rules by three years. Under the rules, which were originally due to take effect in January 2027, 70% of battery-electric and plug-in hybrid vehicles traded with the EU would face a 10% tariff following the latest delay. In June, the Society of Motor Manufacturers and Traders (SMMT), the UK's main automotive industry lobby group, warned that electric vehicle manufacturers would have to pay £1.4 billion (about $1.86 billion) in tariffs if the local-content requirements, also known as rules of origin, were not resolved. The UK and the EU are each other's largest export markets for electric vehicles, and both have set targets to phase out combustion-engine vehicles during the 2030s.

Nvidia partner Hon Hai Precision Industry Co. posted quarterly profit above analysts’ estimates, driven by the AI boom and strong consumer demand for the $2,000 iPhone Duo, according to Bloomberg.

Anthropic pre-market contract arbitrage is a rare arbitrage opportunity in the market with both considerable volume and profit margins.

The Australian dollar fell to its lowest level since January amid an RBA slowdown and AI fears, according to Bloomberg. Risk sentiment waned as the interest-rate outlook diverged from that of the US.

According to Jin10, Hon Hai expects revenue from its computing products business to grow significantly year over year in 2026, after previously forecasting a slight decline.

According to ChainCatcher citing STAR Market Daily, WeChat is testing a short-drama entry in its “Look” section on a limited basis. Some users can use it to find short dramas they have recently watched. The feature is intended to make content easier to find and increase creators’ exposure. Tencent launched the free “Green Bubble Short Drama” mini program within the WeChat ecosystem in October this year. An existing short-drama mini program in the ecosystem was also renamed “Green Bubble Short Drama” and entered gray testing.

Huma co-founder Richard Liu said the Huma Foundation and its affiliated entities have made no HUMA trades in the past three months and plan not to sell tokens during the upcoming unlock window. According to Foresight News, Liu also said the foundation has provided HUMA DEX liquidity since the token generation event. Liu said he had noted increased commentary about HUMA and outlined recent market activity. On October 22, a hacker compromised an early liquidity provider's wallet, and about 12 million airdropped HUMA tokens were sold. From November 2 to 7, open interest rose from about 620 million to 1.1 billion tokens. Funding rates turned negative starting November 4, while perpetual trading volume reached seven to 10 times spot volume. Liu said market activity appeared concentrated in perpetual contracts.

Nvidia, Jensen Huang, chips, artificial intelligence, computing power, Jensen Huang's successor candidate list revealed: CUDA's father and Huang's daughter are the top contenders. Jinse Finance: Will Jensen Huang's daughter become Nvidia's next successor?

The shipping giant confirms unauthorised access and data extraction from an acquired legacy system, highlighting the cybersecurity risks of inherited infrastructure and third-party logistics platforms.

What will happen to the crypto market if it doesn't experience a full-blown bull run in the future? Will blockchain development stop? Will stablecoins and stock tokenization continue?

Japan is expanding AI-assisted cyber defence, specialist response teams and public-private cooperation following a sharp rise in reported breaches, signalling a shift towards coordinated national cyber resilience.

This AI godfather, who single-handedly propelled Nvidia to a trillion-dollar market capitalization, is now standing on the edge of a career precipice.

What happens when Hyperliquid's order book becomes composable?

Ledger's software development kit has been sending users' crypto transaction details, wallet addresses and device information to its servers by default, raising privacy concerns. Ledger said the data supports its Clear Signing feature and is not stored, but critics questioned why users were not asked for permission first.

Nvidia's board of directors held an internal meeting on Wednesday to decide on Jensen Huang's future and has partnered with external organizations to select a new CEO candidate. Wall Street is closely assessing the direct impact on the entire AI industry should Huang be forced to leave.

A former Ethereum Foundation employee has sued the organization, Ethereum co-founder Vitalik Buterin and four other defendants, alleging she was fired less than two weeks after disclosing a cancer diagnosis and helping organize staff opposition to a controversial employment directive.