Stocks plunge as AI shares sell off after Democratic midterm wins
The Nasdaq fell 5.52% in its worst session since April 2025, and Asian markets followed lower on Friday.
Finance
1
Daily News Digest · Today
Friday, November 6, 2026
Today's three biggest stories are a stock selloff in AI shares following Democratic midterm wins, Tesla's plan to end Cybertruck production in 2027 to make room for the Cybercab, and the resignation of a top South Florida federal prosecutor amid Justice Department leadership departures.
20 stories
7 sections
~11 min to skim
Finance
#1
Stocks plunge as AI shares sell off after Democratic midterm wins
The Nasdaq fell 5.52% in its worst session since April 2025, and Asian markets followed lower on Friday.
Business & Tech
#2
Tesla to end Cybertruck production in 2027 to free space for Cybercab
Elon Musk said the Texas factory will wind down Cybertruck output around mid-2027 as Tesla focuses on robotaxis.
U.S. News
#3
Top South Florida federal prosecutor resigns amid DOJ leadership departures
Jason Reding Quiñones, whose office oversaw the probe into Trump's critics, is the latest official to leave the Justice Department.
Top 20
Ranked by importance
Tesla to end Cybertruck production in 2027 to free space for Cybercab
Elon Musk said the Texas factory will wind down Cybertruck output around mid-2027 as Tesla focuses on robotaxis.
Business & Tech
2
Top South Florida federal prosecutor resigns amid DOJ leadership departures
Jason Reding Quiñones, whose office oversaw the probe into Trump's critics, is the latest official to leave the Justice Department.
U.S. News
3
Patriots running back TreVeyon Henderson hospitalized after unexplained neurological symptoms
Henderson, 24, says tests came back positive and reassuring, but the cause of his symptoms is still unknown.
Sports
4
Europe sees new wave of bomb threats against flights and two broadcasters
Officials say no explosives were found and no one was hurt, but the threats forced diversions and evacuations.
World
5
Pope Leo begins three-nation Latin America trip in Uruguay three weeks after cancer surgery
The 71-year-old pope arrives in Montevideo for a packed three-day stay in Uruguay, the region's least Catholic country.
World
6
Judge blocks construction of Trump's arch hours after federal panel approval
The Trump administration had hoped to start work right away, but a judge ordered a 14-day halt just after midnight.
U.S. News
7
Nvidia CEO Jensen Huang summoned by Congress over Chinese espionage concerns
House committee chairs want Huang to brief them on November 18 about his ties to an alleged Chinese intelligence target.
Business & Tech
8
Kenyan doomsday cult leader Paul Mackenzie sentenced to 200 years in prison
A Mombasa court found Mackenzie guilty of murdering 191 people after he ordered followers to fast to death.
World
9
Thomas Markle, father of Meghan Markle, arrested on child sexual abuse material charges
Federal agents took Markle into custody near Tampa, Florida, on Friday morning, according to people familiar with the case.
U.S. News
10
Trump administration sues Penn State over in-state tuition for undocumented students
The Justice Department says the university's policy gives undocumented students a benefit not offered to U.S. citizens from other states.
U.S. News
11
NASA's Swift telescope re-enters Earth's atmosphere after nearly 22 years in space
The observatory, launched in 2004, burned up over North Sumatra, Indonesia, on Wednesday, with some parts possibly surviving.
Science & Health
12
Full-fat dairy study challenges decades of low-fat dairy advice
A 12-week Canadian trial of 74 adults found three daily servings of full-fat dairy did not cause harmful changes in weight or cholesterol.
Science & Health
13
Montana voters approve ban on corporate political spending
About 65% of voters backed Initiative 194, which takes effect Jan. 1 and could face a constitutional challenge in the U.S. Supreme Court.
U.S. News
14
Major trial questions how doctors decide who needs statins
Heart scans led to far fewer statin recommendations than standard risk tools, with similar rates of major heart and stroke events.
Science & Health
15
Florida voters approve sweeping property tax cut for homeowners
Amendment 3 passed with 62% of the vote and raises the homestead exemption for non-school property taxes to $250,000 by 2028.
Finance
16
Former Mississippi DA Jody Owens gets federal prison time in Jackson bribery scheme
A former prosecutor who ran as a reformer admits to rigging city contracts for cash from undercover FBI agents.
U.S. News
17
Rep. Abe Hamadeh holds narrow lead in tight 8th District race
Hamadeh led Democrat Bernadette Greene-Placentia 51.2% to 48.6% as of Thursday morning, in a seat he won by 13 points in 2024.
Arizona
18
Six Valley freeway closures planned this weekend, including Loop 101, SR 51 and US 60
ADOT construction will close major stretches from Friday night until 5 a.m. Monday, so plan detours before you head out.
Arizona
19
Suns coach Jordan Ott says rookie Koa Peat is “next” in line for minutes
The Valley-raised first-round pick has barely played so far, but Phoenix’s need for size could open a door soon.
Sports
20
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Finance
See allStocks plunge as AI shares sell off after Democratic midterm wins
The Nasdaq fell 5.52% in its worst session since April 2025, and Asian markets followed lower on Friday.
Finance
Florida voters approve sweeping property tax cut for homeowners
Amendment 3 passed with 62% of the vote and raises the homestead exemption for non-school property taxes to $250,000 by 2028.
Finance
Business & Tech
See allTesla to end Cybertruck production in 2027 to free space for Cybercab
Elon Musk said the Texas factory will wind down Cybertruck output around mid-2027 as Tesla focuses on robotaxis.
Business & Tech
Nvidia CEO Jensen Huang summoned by Congress over Chinese espionage concerns
House committee chairs want Huang to brief them on November 18 about his ties to an alleged Chinese intelligence target.
Business & Tech
U.S. News
See allTop South Florida federal prosecutor resigns amid DOJ leadership departures
Jason Reding Quiñones, whose office oversaw the probe into Trump's critics, is the latest official to leave the Justice Department.
U.S. News
Judge blocks construction of Trump's arch hours after federal panel approval
The Trump administration had hoped to start work right away, but a judge ordered a 14-day halt just after midnight.
U.S. News
Thomas Markle, father of Meghan Markle, arrested on child sexual abuse material charges
Federal agents took Markle into custody near Tampa, Florida, on Friday morning, according to people familiar with the case.
U.S. News
Trump administration sues Penn State over in-state tuition for undocumented students
The Justice Department says the university's policy gives undocumented students a benefit not offered to U.S. citizens from other states.
U.S. News
Montana voters approve ban on corporate political spending
About 65% of voters backed Initiative 194, which takes effect Jan. 1 and could face a constitutional challenge in the U.S. Supreme Court.
U.S. News
Former Mississippi DA Jody Owens gets federal prison time in Jackson bribery scheme
A former prosecutor who ran as a reformer admits to rigging city contracts for cash from undercover FBI agents.
U.S. News
Sports
See allPatriots running back TreVeyon Henderson hospitalized after unexplained neurological symptoms
Henderson, 24, says tests came back positive and reassuring, but the cause of his symptoms is still unknown.
Sports
Suns coach Jordan Ott says rookie Koa Peat is “next” in line for minutes
The Valley-raised first-round pick has barely played so far, but Phoenix’s need for size could open a door soon.
Sports
World
See allEurope sees new wave of bomb threats against flights and two broadcasters
Officials say no explosives were found and no one was hurt, but the threats forced diversions and evacuations.
World
Pope Leo begins three-nation Latin America trip in Uruguay three weeks after cancer surgery
The 71-year-old pope arrives in Montevideo for a packed three-day stay in Uruguay, the region's least Catholic country.
World
Kenyan doomsday cult leader Paul Mackenzie sentenced to 200 years in prison
A Mombasa court found Mackenzie guilty of murdering 191 people after he ordered followers to fast to death.
World
Science & Health
See allNASA's Swift telescope re-enters Earth's atmosphere after nearly 22 years in space
The observatory, launched in 2004, burned up over North Sumatra, Indonesia, on Wednesday, with some parts possibly surviving.
Science & Health
Full-fat dairy study challenges decades of low-fat dairy advice
A 12-week Canadian trial of 74 adults found three daily servings of full-fat dairy did not cause harmful changes in weight or cholesterol.
Science & Health
Major trial questions how doctors decide who needs statins
Heart scans led to far fewer statin recommendations than standard risk tools, with similar rates of major heart and stroke events.
Science & Health
Arizona
See allRep. Abe Hamadeh holds narrow lead in tight 8th District race
Hamadeh led Democrat Bernadette Greene-Placentia 51.2% to 48.6% as of Thursday morning, in a seat he won by 13 points in 2024.
Arizona
Six Valley freeway closures planned this weekend, including Loop 101, SR 51 and US 60
ADOT construction will close major stretches from Friday night until 5 a.m. Monday, so plan detours before you head out.
Arizona