According to CNBC, Daiwa Capital Markets raised its 12-month price target for Apple to $375 from $335, while maintaining an outperform rating. The new target implies 9% upside from Thursday’s close. Analyst Louis Miscioscia expects backorders and channel inventory to support the Dec and Mar quarters, but said tougher comparisons and higher memory costs could make conditions more difficult after April 27. Apple’s stock is up nearly 27% year to date in 2026, supported by stronger-than-expected demand for the iPhone 17. The company reported $478 billion in revenue for fiscal 2026, up roughly 15% year over year. Daiwa also cited rising memory costs and supply constraints for critical hardware components as potential challenges to Apple’s growth in 2027.

According to Jin10, Bank of England Chief Economist Huw Pill said the decision on a second rate hike will be revealed in the coming weeks.

According to Jin10, Bank of England Chief Economist Huw Pill said there would be no repeat of the 2022 rate-hiking cycle.

Bitcoin edged up 0.2% to around $76,150 since midnight UTC on Friday, November 6, after bouncing from a dip to around $75,200 near 23:00 UTC on Thursday. Ether gained 0.3% and the CoinDesk 80 Index rose 0.2%. The CoinDesk Memecoin Index led with a 4% gain.AI-Led Selloff Hits CryptoThe bounce followed a heavy selloff on Thursday, when the Nasdaq Composite fell 5.5%. CoinDesk attributed the drop to investor fears that Democratic control of Congress will slow the buildout of AI data centers. The selling spread to crypto, where more than $1 billion in leveraged positions were liquidated over 24 hours, according to CoinGlass. Over that period, bitcoin fell 5.3% and ether 7.3%.Bitcoin ETFs also saw outflows on Thursday, according to Farside Investors. Fidelity’s FBTC lost about $200 million and BlackRock’s IBIT lost $105 million, its fifth straight session of outflows.Jobs Report in FocusTraders are now looking to the US jobs report at 8:30 a.m. EST (13:30 UTC). Economists polled by FactSet expect payrolls to have risen by 65,000 in October.Leverage Flushed and RebuiltBitcoin open interest rose to $22.1 billion from $21.8 billion, even as 24-hour liquidations reached $1.27 billion, about $1.1 billion of it from long positions. In other words, leveraged longs were wiped out and then rebuilt, rather than new leverage being added on top.Funding rates swung, briefly turning negative on Bybit at −5% annualized before settling between 0% and 5% elsewhere. The three-month basis held at 5.7%.Options Turn DefensiveOptions traders bought more protection against further falls. The 24-hour put/call volume ratio sits at about 51/48 in favor of puts. The one-week 25-delta skew steepened to about 15%, from about 11% a week earlier. At-the-money implied volatility is near 50% at the front end and eases to about 38% to 40% for contracts running through late 2027.Token MovesWLFI rose about 3.5% since midnight UTC after World Liberty Financial, the Trump-backed project, announced plans for more token buybacks, partly funded by fees from the reserves backing its USD1 stablecoin. The token is still down about 10% since Tuesday’s midterm elections and more than 66% this year. The official trump token (TRUMP) hit a record low this week.Privacy coins held up better in the selloff. Monero (XMR) fell 3.2% over 24 hours, compared with bitcoin’s 5.3% drop. Zcash (ZEC) rose 1% since midnight UTC after activating its NU7 upgrade early Friday, which CoinDesk said cuts the target time between blocks from 75 seconds to 25.HYPE is down about 19% from its $96 peak last week. The token had surged on news of a deal between ICE and Trade[XYZ] to bring Hyperliquid-based perpetual futures to US retail traders, but optimism has since faded.INJ is up 14% on the week. Nasdaq approved the listing of Canary Capital’s staked INJ ETF, according to an SEC filing.CoinMarketCap’s altcoin season index stands at 44 out of 100, its lowest since September, as appetite for speculative trades continues to fade.

Oil plunged below $100 as traders unwound bets on conflict escalation, but peace remains far from certain, according to Bloomberg.

The percentage of coins listed on South Korean exchanges that are "only launched domestically" has decreased from 85% in 2019 to 9% in 2024, but low trading volume on the first day is becoming a new challenge for exchanges.

Nvidia is using residual value guarantees, capacity buy-outs, and equity investments to finance its AI factories, but the $300 billion off-balance-sheet commitments are concentrating tail risks upstream.

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.