For: November 10, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher to start the week. Stocks surged boosted by technology shares with Advanced Micro Devices jumping 13 percent. A decline in oil prices also helped fuel Monday's broad rally with all three major averages posting gains of more than two percent. The Dow Jones Industrial Average gained 1,104 points to 52-389. The S&P 500 added 173 points to 75-49. The Nasdaq climbed 673 points to 25-253.
>>CPI Report Due
(Undated) -- One of the Federal Reserve's key inflation gauges is due to be released today. The consumer price index for October is expected to reflect inflation still stubbornly above the Fed's two-percent goal. That's something that Chicago Fed President Austan Goolsbee touched on in remarks Monday, warning that the nation's central bank was going to have to "come to terms" with what he called a "cost-side and inflation-side failure."
>>Nvidia Launches Investigation
(Washington, DC) -- Nvidia's board says an independent investigation is underway following reports that CEO Jensen Huang was the target of a foreign intelligence operation. At the same time, President Trump says the FBI is "looking into" security concerns involving the AI company Specifically, the Justice Department is probing Megaspeed, the Singaporean company accused of smuggling Nvidia AI chips into China. It's also the company where the alleged spy worked. Nvidia says it has no reason to believe national security or proprietary Nvidia information has been compromised.
>>Prop 40 Billionaire Tax Fails In California
(Sacramento, CA) -- It looks like the billionaire's tax proposal in California is on track to fail. NBC News projected Monday that California voters will reject Prop 40, which sought to have people whose net worth exceeded one billion dollars pay a one-time tax equal to five-percent of their wealth. Democratic leaders including Governor Gavin Newsom and Governor-elect Xavier Becerra opposed the measure, claiming it would create long-term consequences in California. Supporters of Prop 40 included Representative Ro Khanna and Vermont Senator Bernie Sanders.
>>Boeing To Cut 5% Of Commercial Plane Workforce
(Arlington, VA) -- Boeing plans to cut five-percent of its commercial plane workforce. The company announced the move in a memo to staff on Monday, citing slower than expected production rates. Stephanie Pope, who heads the commercial aircraft unit, said the cuts will involve a combination of layoffs and attrition. According to Boeing, the division employs nearly 35-thousand people. Layoff notices will begin in December.
>>SpaceXAI Faces Potential Millions In Environmental Fines
(Southaven, MS) -- Elon Musk's SpaceX-AI could face millions of dollars in environmental penalties over construction at its Southaven data center facilities. The Mississippi Department of Environmental Quality says the company began work on portions of the project without required permits designed to prevent stormwater pollution. State inspectors documented violations at two properties, including inadequate protections around drainage systems. The company has disclosed that potential penalties could reach six-point-one-million dollars, although regulators have not confirmed a final amount. SpaceX-AI says it's cooperating with the state to resolve the matter.
>>Louisiana Groups Challenge Fast Track For Meta Power
(Baton Rouge, LA) -- A fight over power plants for Meta's big Richland Parish, Louisiana data center is heading to court. Three Louisiana nonprofit groups sued state utility regulators Monday, accusing them of changing approval rules without giving residents proper notice. Entergy [[ EN-tur-jee ]] Louisiana, the electric company behind the project, wants to build seven natural gas plants to power the data center. But locals argue the shortcut lets Entergy skip a review meant to protect customers from paying too much for electricity. They're now asking a judge to throw out the rule before a December vote.
