Tech and AI stocks plunge as Nasdaq loses $2.5tn after election-driven regulatory fears
Shares in major technology and artificial intelligence companies fell sharply on Thursday, deepening a market rout that wiped an estimated $2.5tn from the Nasdaq Composite. The selloff came as investors reacted to Democratic wins in key data-centre states and the prospect of tougher regulation on data centres and AI infrastructure. The losses also dragged down other major US indexes, with the S&P 500 and Dow Jones Industrial Average both closing lower.Nvidia fell more than 9%, while AMD and Micron each dropped by more than 17%. Intel was down 10.3%, and SanDisk plunged by more than 22%, underscoring how heavily exposed... [Continue Reading]
360LiveNews | 05 Nov 2026 22:04 LONDON
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Joint List backs Gadi Eisenkot to form Israel's next government
Israel's Joint List says it will formally recommend Gadi Eisenkot to President Isaac Herzog as the candidate to form the country's next government. The announcement comes after last week's parliamentary election, in which Arab-led parties won a record 19 seats in the 120-member Knesset. If confirmed, the move would strengthen Eisenkot's position in the coalition race and add to the pressure on Benjamin Netanyahu's bloc.The alliance said on Thursday that its 11 lawmakers would inform Herzog of their decision later in the day. According to the figures cited in the statement, Eisenkot is expected to have the backing of 67... [Continue Reading]
360LiveNews | 05 Nov 2026 15:00 LONDON
Democrats win US midterms and vow to rein in Trump
Democrats have claimed a major victory in the US midterm elections, saying they will use their new strength in Congress to restrain President Donald Trump. The result points to a divided government in Washington for the next two years and sets up a period of likely confrontation over spending, policy and oversight. According to the reported results, Democrats took control of the Senate and made substantial gains in the House of Representatives.The reported Senate margin was at least 54 seats to 44, after Democrats flipped seats in states that are usually strongly Republican. They also gained at least 30 seats... [Continue Reading]
360LiveNews | 05 Nov 2026 04:02 LONDON
Senior RSF commander defects in Sudan, accusing leadership of nepotism
A senior commander in Sudan's Rapid Support Forces has defected, accusing the paramilitary group's leadership of operating like a family business and suppressing dissent. Siddiq Ander said in video footage that he had left the RSF and criticised the way power is exercised inside the force. His remarks point to a fresh internal split within one of the main armed actors in Sudan's war.The footage, published on Friday, shows Ander accusing relatives of RSF leader Mohamed Hamdan Dagalo, known as Hemedti, of controlling the group's finances, weapons, troop movements and military promotions. Ander said it had become clear that they... [Continue Reading]
360LiveNews | 31 Oct 2026 08:59 LONDON
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