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NewsNov 5, 2026 · 13:10 IST

Qualcomm Shares Slide as Smartphone Chip Revenue Falls 26%

Qualcomm reported fourth-quarter fiscal 2026 results on 4 November. Reuters said handset chip revenue fell 26% to $5.14 billion, while chip-segment revenue declined 8% to $9.02 billion, as sluggish smartphone demand and reduced Apple-related sales weighed on the business. Qualcomm provided a fiscal first-quarter revenue outlook of $10.4 billion to $11.2 billion and projected chip-design operating margins of 20%–22%, below the prior quarter’s 24%, according to Barron’s. Shares fell in extended trading; the quoted percentage varies with observation time.

NewsNov 5, 2026 · 13:02 IST

Gold Climbs Near $4,135 as Dollar and Treasury Yields Ease

Spot gold climbed about 1.9% to $4,134.83 an ounce by 03:16 GMT on 5 November, according to Reuters, touching its highest level since 22 October. US December gold futures gained about 1.8% to $4,144.20. Bullion had climbed about 3.4% in the previous session, supported by a weaker dollar and lower US Treasury yields following the Democratic sweep of the US midterm elections. These are timestamped market quotes, not confirmed daily closing prices.

NewsNov 5, 2026 · 12:55 IST

Dow Surges 1,569 Points as US Stocks Rally After Midterm Vote

The Dow Jones Industrial Average gained about 1,569 points, or 3%, on 4 November, while the S&P 500 rose 1.6% and the Nasdaq Composite 1.4%, according to the Associated Press and Reuters. Investors assessed the prospect of divided government and lower oil prices, which could reduce inflation pressures. The Philadelphia semiconductor index fell 3.1% despite the broad advance, highlighting a rotation away from some chip and data-centre names. Index returns refer to Wednesday’s US cash session, not Thursday futures.

NewsNov 5, 2026 · 12:42 IST

Vance Blames Iran War for Republican Midterm Defeat; Trump Agrees in Part

On 4 November, Vice President JD Vance said the war with Iran was the main reason Republicans lost control of Congress in the US midterm elections. President Donald Trump said Vance’s assessment was largely true because higher gasoline prices hurt voters, but defended the war as necessary to stop Iran obtaining nuclear weapons and said he would have taken the same action again. The remarks signal new pressure within the administration over war policy; they do not amount to an announced ceasefire or change in US military orders.

NewsNov 5, 2026 · 12:34 IST

Oil Plunges 8.7% as US Midterms Raise Hopes of Iran War Exit

Brent futures fell $8.98, or 8.7%, to settle at $94.62 a barrel on 4 November 2026, while WTI declined $7.97, or 8.3%, to $88.12. Both benchmarks closed at their lowest level since 31 August, according to Reuters. Investors weighed whether Democratic control of Congress would increase pressure on President Donald Trump to negotiate an end to the US-Israeli war with Iran. The sell-off is a market reaction to changing expectations, not confirmation of a peace agreement.

NewsNov 4, 2026 · 19:32 IST

'JD, Habibi': Michigan Senator-Elect Abdul El-Sayed Taunts Vance After Historic Win

Democrat Abdul El-Sayed defeated Republican Mike Rogers in Michigan's U.S. Senate election on 3 November 2026, becoming the first Muslim American elected to the chamber, according to election-night reports. During his victory remarks early on 4 November, he addressed Vice President JD Vance as 'habibi' and pointed to the irony of Vance administering his Senate oath in January. El-Sayed also told President Donald Trump that he could address him as 'senator'. The victory adds a historic representation milestone to the 2026 U.S. midterm results, but no direct financial-market reaction to the speech has been independently established.

NewsNov 4, 2026 · 14:51 IST

Novo Nordisk Raises 2026 Outlook as Wegovy Pill Drives Stronger Q3 Earnings

Novo Nordisk raised its 2026 outlook on 4 November after reporting better-than-expected third-quarter adjusted profit. The company reported adjusted operating profit of DKK 31.72 billion and adjusted quarterly sales of approximately DKK 79.20 billion. Its Wegovy pill generated DKK 5.39 billion in quarterly revenue. Novo now expects full-year adjusted sales and adjusted operating profit growth at constant exchange rates to range from a decline of 2% to growth of 2%, versus a previously weaker outlook. The company also reported impairment charges that weighed on reported operating profit, so adjusted and reported earnings should not be conflated. Reuters reported that shares initially rose after the announcement.

NewsNov 4, 2026 · 14:45 IST

Sweden’s Riksbank Raises Policy Rate to 2% as Energy Inflation Risks Persist

Sweden’s Riksbank raised its policy rate by 25 basis points to 2.00% on 4 November 2026, its first increase in more than three years, according to same-day Wall Street Journal reporting. The move was widely anticipated and follows the central bank’s September decision to hold at 1.75%. Policymakers indicated additional tightening may follow if inflation and economic activity develop as projected. The Riksbank’s published schedule says the new policy rate takes effect on 11 November. War-related energy costs and resilient domestic activity remain important considerations. This is a confirmed decision reported by an established news outlet, but the November decision text on the Riksbank website could not be independently retrieved in this check.

NewsNov 4, 2026 · 14:33 IST

Ireland Flash Inflation Rises to 4.0% in October as Energy Prices Surge

Ireland’s Central Statistics Office estimated on 3 November 2026 that harmonised consumer-price inflation rose to 4.0% year on year in October from 3.8% in September. Prices increased 0.5% month on month. Energy costs rose 18.3% over the year and 4.5% during October, while food prices were just 0.1% higher than a year earlier. Inflation excluding energy and unprocessed food was estimated at 2.5% annually. These are Ireland’s preliminary harmonised inflation figures, not the euro-area October flash estimate, which was scheduled for 4 November.

NewsNov 4, 2026 · 14:18 IST

Hong Kong Private-Sector PMI Returns to Expansion at 50.2 in October

Hong Kong's S&P Global private-sector purchasing managers' index rose to 50.2 in October 2026 from 49.2 in September, returning just above the 50 threshold separating expansion from contraction. Reporting on 4 November said new orders improved after two months of decline, including stronger orders from mainland China, while the pace of job cuts eased. However, business confidence for the year ahead reportedly fell to its lowest level in more than six years and input-price pressure intensified. This is a Hong Kong private-sector survey, not China's mainland manufacturing PMI.

NewsNov 4, 2026 · 14:14 IST

Australia Household Spending Rises 0.6% in September as Fuel Costs Climb

The Australian Bureau of Statistics said on 4 November 2026 that seasonally adjusted household spending rose 0.6% month on month in September, after a 0.1% decline in August. Spending increased 6.8% from a year earlier in current-price terms, while spending volumes rose 0.7% in the September quarter. Transport and health spending each increased 1.5% month on month. The ABS reported that fuel expenditure rose 5.4%, partly reflecting higher global oil prices and the end of fuel-excise relief in August. These are household spending figures, not retail-sales or inflation-rate estimates.

NewsNov 4, 2026 · 14:08 IST

China Services Growth Slows as October Private PMI Falls to 50.8

China's RatingDog services purchasing managers' index fell to 50.8 in October 2026 from 51.6 in September, marking its slowest expansion since July. The result was below the 51.7 forecast shown by Investing.com's economic calendar. Reuters reported that business confidence weakened as companies faced fierce competition and rising costs. A reading above 50 still indicates expansion rather than contraction. This is a private services-sector survey, separate from China's official October manufacturing PMI and its private manufacturing survey.