For: November 5, 2025
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed lower yesterday on Wall Street. Tech shares led the sell-off as investors grow increasingly concerned about market valuations of AI-related stocks. Palantir fell nearly ten percent despite beating third quarter estimates. Declines in AMD, Nvidia, Oracle and Amazon added to the downward pressure. At the closing bell, the Dow fell by 251 points to 47-085. The S&P 500 lost 80 points to 67-71. The Nasdaq dropped 486 points to 23-348.
>>Trump Tariffs Case Goes Before Supreme Court
(Washington, DC) -- President Trump says the Supreme Court tariffs case is "life or death for our county." The high court will take up the case today to consider the legality of Trump's global tariffs. In a post on Truth Social, the President said with a victory "we have tremendous, but fair, financial and national security." He said without the tariffs, the U.S. is "virtually defenseless" against other countries who have taken advantage of us for years. The court's decision could have massive implications for American consumers and businesses, the economy and presidential authority.
>>Senators Urge Boeing To End Strike
(St. Louis, MO) -- Boeing is facing pressure from both sides of the aisle to end a strike in the St. Louis area. A letter signed Tuesday by five Democratic senators accused the aerospace giant of "unnecessarily endangering" U.S. warfighters by insisting on proceeding with "untrained and hastily recruited" replacement workers while over 32-hundred employees remain off the job, demanding a better contract. Republican Senator Josh Hawley of Missouri sent his own letter calling on Boeing to negotiate in good faith with striking workers. The U.S. Air Force says the three-month strike has caused delays, including the delivery of fighter jets.
>>Major Tesla Investor Will Vote Against Elon Musk's Pay Package
(Austin, TX) -- Tesla's annual shareholder meeting is tomorrow and a major vote is already making headlines before it's even happened. The fate of CEO Elon Musk's one-trillion-dollar, performance-based compensation package as well as his continuing control of the company, hangs in the balance with the tech billionaire having hinted that he might leave Tesla if his pay deal is blocked. Yesterday, Norway's sovereign wealth fund - a major Tesla investor - said to expect a no vote from it.
>>California's Share Of U.S. Tech Workforce Declining
(Sacramento, CA) -- California's once-dominant tech industry appears to be losing its edge. A new report finds the state's share of the U.S. tech workforce has fallen to its lowest level in more than a decade. According to the CompTIA State of the Tech Workforce, California has shed nearly 100-thousand tech jobs since 2022, erasing gains made during the remote-work boom. The decline reflects deep job losses and a migration of tech talent to states like Texas and Florida, which offer lower costs and fewer regulations. Analysts say California's high taxes, housing prices and complex labor laws are driving companies and workers away.
>>Chrysler Recalls Jeep SUVs Over Battery Fire Risk
(Auburn Hills, MI) -- Chrysler is recalling hundreds of thousands of Jeep plug-in hybrid SUVs due to the risk of battery fires. According to the National Highway Traffic Safety Administration, the recall applies to 228-thousand-221 Jeep Wranglers with model years 2020 to 2025 and 91-thousand-844 Jeep Grand Cherokees with model years 2022 to 2026. According to Stellantis, it is aware of at least 19 reports and one injury related to the recall. As a remedy is being developed, the NHTSA advises owners "to park outside and away from structures and not to charge their vehicles until the remedy is completed."
>>Nintendo Switch 2 Sales Surpass 10 Million Units
(Kyoto, Japan) -- Nintendo's Switch Two is drastically outselling the existing Switch console. According to the Japanese video game giant, during the same period over ten million units of the Switch Two have been sold since its launch in June compared to less than two million units of the original device. The latest earning results has prompted Nintendo to increase its projection for sales of the Switch Two from 15 million units to 19 million sold by the end of March 2026, while it also lowered its projections for the Switch from four-point-five-million for the fiscal year to four million. The company also said nearly ten million copies of "Mario Kart World," and close to three-point-five million copies of the Switch Two exclusive, "Donkey Kong Bananza," have been sold.
