According to ChainCatcher, Elon Musk said Tesla plans to gradually reduce Cybertruck production at its Texas factory starting in mid-2027 to expand Cybercab output. Tesla began making Cybertrucks at its Austin factory in 2023, but demand has been weak. The company has already started producing gold, two-seat Cybercabs at the Austin facility as part of the transition.

Democratic Sen. Elizabeth Warren is expected to become chair of the Senate Banking Committee in January, after Democrats take control of Congress. According to Odaily, the party is expected to decide committee assignments in the coming weeks. As chair, Warren would have more staff, subpoena authority and power to require testimony, as well as control over the committee’s agenda. A person familiar with the matter said Warren may investigate the Office of the Comptroller of the Currency’s approval of a bank charter for Trump-backed World Liberty Financial in August this year. The U.S. President Donald Trump administration’s mass dismissals of financial regulators and efforts to shut down the Consumer Financial Protection Bureau may also draw scrutiny. Warren is expected to pursue issues with bipartisan support, particularly reducing the cost of living. This year, she helped advance bipartisan housing affordability legislation and joined Republican lawmakers in proposing a bill to restrict exports of advanced chips and other technology.

According to Jin10, Technical Liu Pro said international spot gold has a pronounced structure with multiple cost-basis peaks and is changing hands again around 4,070. Support at lower levels is positive, but a recovery cannot be confirmed until the two overhead peaks are absorbed.

The US Bureau of Labor Statistics will publish its October jobs report at 8:30 a.m. ET (13:30 UTC) on Friday, November 6. Economists polled by Reuters expect nonfarm payrolls to have risen by 65,000, up from 29,000 in September, with the unemployment rate unchanged at 4.2%.The report lands as US stock futures send mixed signals. Before the release, Nasdaq 100 futures were up 1.47% on a rebound in AI-related stocks, S&P 500 futures were up 0.40% and Dow Jones futures were down 0.62%.What Economists ExpectMeasureOctober forecastSeptemberNonfarm payrolls+65,000+29,000Private payrolls+64,000+46,000Unemployment rate4.2%4.2%Source: Reuters poll of economists; BLSADP Pointed to Steady Private HiringWednesday’s ADP report showed private employers added 86,000 jobs in October, beating the 69,000 forecast and matching a revised 86,000 in September. Trade, transportation and utilities added 39,000 jobs, and healthcare and education added 28,000. Business services shed 27,000.ADP has been a poor guide to the official count, though. In September, ADP showed 86,000 private jobs, while the BLS reported 46,000.Labor Demand Is FirmingBLS data released Tuesday showed 1.06 job openings for every unemployed person in September, up from 1.02 in August. A rising ratio means more open jobs per jobseeker, which points to firmer demand for workers.How Stocks Could ReactMarkets tend to react to the gap between the actual figure and the forecast, not to the number itself. Revisions to earlier months can matter as much as the headline.A strong beat (well above 65,000): This would suggest the economy is holding up, which tends to help cyclical stocks such as banks and industrials. It could also push up bond yields if traders expect less room for rate cuts, which can weigh on high-valuation tech stocks after this week’s rebound.An in-line reading (around 65,000, unemployment at 4.2%): This would likely let earnings and the AI trade keep driving stocks, with the Nasdaq’s pre-market lead likely to matter more than the data.A miss (well below 65,000, or unemployment rising): This could revive worries about slowing growth, hurting cyclical stocks and the Dow, which is already lagging in futures. Defensive sectors and rate-sensitive growth stocks could hold up better if traders expect easier policy.Revisions and Wages to WatchSeptember’s 29,000 gain could be revised. ADP already revised its September figure down to 86,000 from 90,000. Wage growth also matters: ADP showed base wages rising 3.2% and gross pay 4.7%, and faster pay growth can feed inflation concerns.

Mitsubishi Motors reported second-quarter operating profit rose 77% year over year to 20.6 billion yen on November 6, in line with market expectations; vehicle shipments and other operating metrics also broadly matched analyst forecasts. According to Sina Finance, the company cut its full-year operating profit forecast to 70 billion yen, citing weak vehicle sales, intensifying price competition, and rising raw-material costs. The company said market conditions remained challenging, with Middle East tensions and competition from low-priced electric vehicles continuing to pressure operations. It expects currency movements to partly offset the effects of weak sales and higher costs, but not enough to reverse the full-year forecast cut. Second-quarter net cash declined, broadly in line with seasonal patterns. Management expects net cash by the end of the fiscal year's fourth quarter to recover to the level of 304 yen per share at the end of March 2026.

According to Jin10, Moderna expects full-year research and development expenses of about $2.7 billion, compared with its previous expectation of about $2.9 billion.

Alphabet's market value evaporated by nearly $500 billion in a single day, and advertising growth diverged from search volume for the first time; as AI agents compare prices and place orders on behalf of others, the foundation of the advertising model is crumbling.

Solana's advertising campaign and planned offline events in Lujiazui have been halted. A spokesperson from the People's Bank of China responded exclusively, stating that the related business constitutes illegal financial activity.

Hackers linked to North Korea stole $6.3 billion from Binance and are now moving some of it through Chinese money-laundering networks, with hundreds of thousands of dollars already traced there. About $3 billion has been frozen, but close to $1 billion has started moving through laundering channels.

Paraguayan President Santiago Peña has announced his resignation amid a growing political and financial crisis following the collapse of digital lender Ueno Bank, whose suspended operations have restricted millions of customers' access to their deposits and sparked protests in the capital.

Canva is cutting 1,271 jobs, about 22 per cent of its staff, after its growth slowed and competition from AI design tools grew. Those leaving will get at least six months' salary, 12 months of healthcare cover where offered, career support, their company laptops and the chance to apply for a US$10,000 startup grant.

In response to the threat of quantum computing, developers have proposed a "quantum landmine": anyone wanting to access coins in an old address must first deposit an equivalent amount of principal.

A $100 billion sell-off in machinery triggered a stampede that caused the largest single-day drop in US stocks since March 2020.

The artificial intelligence boom is putting increasing pressure on the global supply of computer memory, leaving everyday consumers facing rising hardware prices as data centers compete for limited resources.

The panic in tech stocks spread through ETFs, causing BTC to fall back to $75,200 in two days, ranking at the bottom along with gold. The narrative of "digital gold" has once again been overturned by data.

Police in Penang, Malaysia, arrested 141 people, mostly foreigners, in 14 raids on suspected scam call centres between 9 and 29 October 2026. The groups are accused of cheating people in several countries, including through fake investment offers, romance scams and a second scam targeting people who had already lost money.