According to Jin10, newly elected Democrats face a daunting economic to-do list as voters say they are struggling to make ends meet. The party needs to address entrenched problems in health insurance, housing, utilities, and elder and child care, while Congress must improve the fiscal balance sheet and reform the tax code. The government should quickly establish another job-search survey to capture information missing from unemployment data, including the number of jobs people apply for, whether they are ignored or contacted, job seekers’ mental health, and whether recently hired workers find their jobs match their wage expectations, preferences, or education. Surveys, disclosure requirements, and somewhat stronger labor laws would not transform the labor market or sufficiently address most workers’ income concerns; further steps could include a stronger unemployment insurance system to address job losses caused by AI.

According to Jin10, two industry sources said renewed Ukrainian drone attacks on Russian refineries since late October have reduced Russia’s refining capacity by about 30%. Three large refineries in central Russia hit since late October have a combined nominal capacity of about 300,000 tonnes, or 2.2 million barrels, per day, compared with Russia’s total primary refining capacity of about 930,000 tonnes per day. Sources said Russian refineries processed about 700,000 tonnes, or 5 million barrels, of crude oil per day at the end of October and estimated actual processing could fall by as much as 200,000 tonnes per day. The affected refineries include facilities in Ryazan, Yaroslavl, and the Volga region.

According to ChainCatcher citing Wintermute, markets are reassessing regulatory risks to the AI sector after Democrats regained control of both chambers of Congress following the U.S. midterm elections, cooling an AI trade previously boosted by favorable Washington policies. Wintermute said a Fed rate hike during an AI-asset pullback could tighten liquidity and weaken risk appetite, pressuring crypto markets. Bitcoin briefly rebounded to $81,000 last Wednesday before giving back most of its gains, falling to a Sunday low of $73,500 near its 200-day moving average at $73,000. Its weekly close below the roughly $75,500 50-week average ended a seven-week streak above that level. U.S. spot Bitcoin ETFs recorded $1.28 billion in net outflows last week, their largest weekly withdrawal since June, erasing their year-to-date net inflows; Wednesday was the only day with inflows. More than $1 billion in positions were liquidated, with Ethereum liquidations exceeding Bitcoin’s. NEAR, HYPE, ENA and LIT each fell more than 10%, while ZEC was among the few large-cap assets to rise. Wintermute said caution remains warranted until Bitcoin reclaims the 50-week average. A daily close below $73,000 and the 200-day average could put $68,000 in focus and expose altcoins that rallied more sharply to greater selling pressure. A sustained daily close above $80,000, alongside a return to weekly spot Bitcoin ETF inflows, could support a more positive outlook. U.S. October CPI is due Tuesday, with core CPI expected to rise 0.2% month over month. Cisco and Applied Materials report earnings Thursday, U.S. PPI is due Friday, and Nvidia is scheduled to report on November 17. The Fed meets December 8–9, with markets pricing in about a 77% chance of a rate hike.

According to Jin10, market sources said the Bank of England is considering changing how it sells UK government bonds under the remaining Asset Purchase Facility (APF) framework.

According to CNBC, Jefferies upgraded Riot Platforms to buy from hold and raised its price target to $28 from $13, implying 59% upside from Monday's close. Analyst Jonathan Petersen cited the company's Corsicana powered land lease, which is set to begin in September 2027 and run for 15 years, with an average annual yield of 33%. The arrangement is expected to lower capital expenditures to $6 million per IT megawatt, compared with $11 million to $15 million for a typical data center build. All 23 analysts covering Riot rate the stock buy or strong buy, according to LSEG data; shares have gained 39% year to date.

According to CNBC, Sanmina surged 19% after the electronic manufacturing services provider issued a full-year outlook above Street expectations, with earnings guidance of $15.50 to $17.50 per share versus the FactSet consensus of $14.07, and revenue guidance of $17.5 billion to $19.5 billion versus the $16.61 billion consensus. Securitize climbed approximately 10% after the tokenization platform reported third-quarter growth, with tokenized assets on the platform rising 9% year over year to $4.8 billion, aggregate transaction volume increasing 20% to $4.3 billion, and revenue of $11.5 million, up 28% from last year. The company's board also authorized a $50 million share buyback and announced the acquisition of River One, an institutional asset-backed financing platform. Take-Two Interactive Software traded 4% higher after fiscal second-quarter adjusted earnings of $1 per share on revenue of $1.60 billion, beating analyst estimates of $0.94 per share on revenue of $1.58 billion. Hims & Hers Health fell 2% after issuing fourth-quarter revenue guidance of $875 million to $895 million, below the FactSet consensus of $953.8 million, with adjusted EBITDA guidance of $70 million to $90 million versus an estimate of $105.8 million. Riot Platforms gained nearly 2% after Jefferies upgraded the stock to buy from hold, citing the Corsicana-powered land lease estimated to generate an average yield of roughly 33%.

Japan’s trading houses, known as sogo shosha, are forecasting record profits as they plug gaps in global supply chains, according to Bloomberg.

Hyperscale Data (GPUS), a publicly traded U.S. company, sold its remaining Bitcoin holdings as of November 8, disposing of about 211.56 BTC for approximately $16 million. According to Foresight News, the company has sold about 1,113 BTC since its first partial reserve sale in late July, generating approximately $74.4 million for debt repayment and continued construction of its AI data center in Michigan. Hyperscale Data continues to operate a Bitcoin mining site in Montana and expects future Bitcoin holdings on its balance sheet to come mainly from its own mining operations.

ヘックス・トラストはMASから主要決済機関ライセンスの基本認可を取得し、コンプライアンスへのコミットメントを強化し、規制上のフットプリントを拡大。