The Economic Times

SanDisk stock: SanDisk shares plunged more than 19% on Thursday, extending a six-session slide despite strong quarterly earnings and an upbeat forecast. Growing attention on Chinas CXMT, pressure across memory stocks and concerns about data-centre expansion have added to the sell-off.

The Nov. 915 horoscope singles out Cancer, Virgo and Libra for potential gains in money and work.Cancer could find a partner for a stalled project, while Virgo may feel ready to ask for better pay.

The Bombay High Court affirmed that the Representation of the People Act remains effective during the electoral rolls revision process. It directed the Electoral Registration Officer of Santa Cruz to include the family names in the voter list. The family had applied for a change of address, but their request was initially denied. Following multiple rejections from electoral officials, the court intervened to ensure their voting rights.

US Secretary of State Marco Rubio may be preparing to resign from Trump administration to run for president in 2028, a report said. Around five members from Donald Trumps cabinet could leave the administration. The officials may quit after the public backlash over the rise in energy costs. The White House and the State Department have strongly denied the report.

QQQ stock: Invesco QQQ Trust fell more than 5% toward $655 on Thursday as investors sold technology and semiconductor stocks following the US midterm elections. Qualcomm's disappointing chip sales and concerns over AI data center spending added to the pressure, even as QQQ increased its holdings in Nvidia, Apple and Microsoft on Tuesday.

Paraguayan President Santiago Pena announced his resignation after the central bank's takeover of Ueno Bank left three million depositors, including pensioners, unable to access their money. The crisis triggered protests, an impeachment push and accusations of political favouritism against Pena, whose own Colorado Party backed his removal.

President Donald Trump's administration engaged in secret discussions with Iran about deporting Iranians while the war continued. Court documents reveal that the administration planned to deport Iranians via a third country. The judge demanded the government provide notice of any deportation plans involving Iranians. A lawsuit alleges that immigration agencies shared confidential information with the Iranian government, risking the lives of many individuals.

'Humanity over war': Melania Trump makes emotional appeal to Russia, Ukraine | Oleshky ceasefire

Novembers Beaver Moon turns full on Tuesday, Nov. 24, and is best viewed as it rises in the northeast around sunset.Find a spot with a clear view of the horizon and check your local moonrise time before heading out.

Abdul El-Sayed's recent election to the U.S. Senate signifies a notable milestone for American Muslim political engagement. Despite facing anti-Muslim rhetoric during the campaign, he won support for his policies and values. His victory is viewed as a rejection of hate and discrimination against Muslim Americans. Residents of Dearborn expressed pride in seeing an individual representative of their community elected to office.

Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, November 5, AMD shares plunged around 12%, SanDisk fell 14%, Micron dropped 10%, while Nvidia lost nearly 7%. Tesla and Palantir also fell 9% and 8%, respectively. The sell-off spread across chipmakers, memory companies and AI infrastructure stocks. The Dow fell 2.36%, the S&P 500 dropped 3.11%, and the Nasdaq sank 4.20%, as investors questioned whether massive AI

US hospital operators are experiencing revenue pressure due to an increase in uninsured patients affecting their operating margins. The expiration of federal subsidies is causing ACA exchange premiums to rise sharply, leading to more patients losing coverage. Major hospital chains are bracing for declines in Medicaid supplemental payments that could hit their finances hard. Analysts caution that forthcoming changes to Medicaid requirements might exacerbate issues for hospital operators.

The race in Colorado's 4th District is heating up as Lauren Boebert trails Democrat Eileen Laubacher by just over 2,500 votes, with most ballots tallied. This close contest could signal an important transformation in Colorado's political landscape, traditionally dominated by Republicans. With increased Democratic voter involvement noted in other areas, both candidates remain vigilant as they await the final results to determine their next steps.

Bitcoin (BTC USD) price crash today: Bitcoin has fallen back toward $76,000 after failing to hold its recovery above $80,000. A sell-off in technology stocks added to the pressure, while nearly $370 million in leveraged crypto positions were liquidated in about an hour. Traders are now watching the $75,000 level.

MU stock price today: Micron stock is falling as Wall Street faces a sharp selloff in technology shares. The Nasdaq dropped 3.72% on Thursday, while the Dow and S&P 500 also lost more than 2%. Nvidia and Tesla shares fell sharply, adding to the pressure on chip stocks. Micron faces another problem; a reported halt to its $4.5 billion Taiwan plant has raised fresh questions about its future AI memory production.

At a White House event, Kirill Dmitriev recognized Melania Trump's efforts in securing a ceasefire in Oleshky. He mentioned that Russian President Vladimir Putin had personally instructed the operation. The ceasefire was signed on October 23 and involved representatives from both Russia and Ukraine. The event was organized to honor the humanitarian role played by Melania Trump. Dmitriev also conveyed Putin's gratitude for her contributions to the peace efforts.

Texas Governor-elect Gina Hinojosa wants to send a one-time $1,500 check to every household in the state. Her plan would draw billions from the states emergency reserve and needs approval from Texas lawmakers.

US President Donald Trump questioned election results in Alaska even as Democrats extended their historic midterm gains, with Mississippi emerging as another potential Senate breakthrough. Republican losses across traditional strongholds have reshaped Congress, while Florida Governor Ron DeSantis described the party's electoral setback as an extinction-level event.

The Paris march began peacefully on Thursday afternoon at Place de la Republique. The large crowd included many students carrying signs reading, Inequalities seriously jeopardize our future and We can't spend our whole lives just trying to make a living. They were joined by workers and retirees demanding higher wages and pensions.

NVDA stock price today: Nvidia stock has come under fresh pressure amid concerns that data center restrictions could slow AI infrastructure spending. Shares fell below $200, but analysts remain bullish, with average price targets pointing to significant upside ahead of the company's November 17 earnings report.

US stock market crash today: The Dow, Nasdaq and S&P 500 are all trading in the red, while some of the biggest semiconductor stocks are losing ground. Micron (MU), SanDisk (SNDK), AMD and Qualcomm (QCOM) are among the hardest hit, with Western Digital and Seagate also extending their losses. Qualcomm's weaker revenue and cautious outlook have added to concerns about chip demand. But why are AI and memory chip stocks falling so sharply?

The two regional powerhouses restored ties in 2023 after a freeze but have been at odds over the war in Yemen, where the Houthis are fighting the Saudi-backed internationally recognised government and have repeatedly launched attacks on the kingdom.

Russell Brand has been convicted of rape and sexual assault after a detailed three-week trial at Southwark Crown Court. The jury reached a unanimous verdict based on testimonies from six women concerning events spanning a decade, from 1999 to 2009. Brand, who maintains that his sexual interactions were consensual, is now awaiting sentencing that may lead to a significant prison sentence.

Gadi Eisenkot has surpassed the parliamentary threshold by gaining 67 endorsements to form Israel's government. His endorsements come after consultations with President Isaac Herzog and include support from various opposition groups. Meanwhile, Prime Minister Benjamin Netanyahu's support dwindled to 46 as his traditional ally abstained from endorsing him. The decision by United Torah Judaism highlights growing frustration over unfulfilled promises regarding military exemptions.

Ronaldo retirement: As Cristiano Ronaldo prepares to end his 23-year international career with Portugal, his business interests stretch far beyond football. From six hotels and 13 hair-restoration centres to fashion, fitness and a YouTube channel that gained 10 million subscribers in 12 hours, here's a look at the ventures carrying his name.

Guy Fawkes Day is observed on November 5 to commemorate the Gunpowder Plot of 1605. Guy Fawkes along with a group of other conspirators tried to blow up the Houses of Parliament. The plot to kill the Protestant King James I was foiled. The day is now known as Bonfire Night. It is celebrated with fireworks, bonfires and effigies.

The Federal Aviation Administration is planning regulatory changes for commercial space launches and re-entries. It aims to facilitate at least 1,000 launches annually by the year 2030. These proposed adjustments include updating definitions about mandatory flight aborts and clarifying associated requirements. Last year saw only 178 launches, with significant involvement from SpaceX. This overhaul signals a major shift in the regulatory landscape for commercial space activities.

Cristiano Ronaldo has officially announced his retirement from the Portugal national football team after an illustrious career. He played 234 international matches, scoring a record 146 goals throughout his time representing his country. Ronaldo has built a notable property portfolio in Portugal, including a luxury apartment in Lisbon. His ties to Madeira are evident in a seven-storey building where his family resides.

Cristiano Ronaldo announced his retirement from international football after 23 years with Portugal. His decision followed a disagreement with coach Jorge Jesus, leading to a 30-day suspension. Ronaldo expressed his emotional farewell on Instagram, reflecting on his time representing Portugal. He leaves behind a significant legacy, including a record 146 goals in 234 matches. Despite retiring from international football, he will continue his club career at Al Nassr.

A Texas family's vision for conservation transformed their cave into the Eckert James River Bat Cave Preserve in 1990, eschewing fertilizer extraction. Annually, about 4 million female Mexican free-tailed bats find refuge here, utilizing the site as their maternity colony during the crucial breeding season from May to September. Dedicated research and management initiatives strive to protect this critical habitat and deepen understanding of bat population dynamics.

Airlines in Europe have experienced a series of coordinated bomb threats this week, prompting security responses and flight diversions. Many threats were communicated via anonymous emails, but none have proved genuine so far. The risks associated with such threats can disrupt airline operations significantly and lead to financial costs. Aviation security officials emphasize the need to treat every threat seriously until proven otherwise.

Voters in South Carolina, Ohio and Michigan elected Democrats who have criticized Robert F. Kennedy Jr.s health policies. Their wins put the Medicaid program and federal health oversight in the spotlight.

A Kentucky company that bought four acres along the Ohio River for $800,000 sued local authorities, claiming floodplain rules had stripped the property of its economic value. But an appeals court rejected the claim, saying the company had never applied for a variance or obtained a final decision on what it could build.

A heartwarming act in Pocahontas County, Iowa, sees neighbors John and Sally Pascal team up with Gail Ewan to donate land for a new 21-acre conservation area. Their contributions to the Iowa Natural Heritage Foundation are a testament to community spirit, ensuring the land remains untouched for wildlife and outdoor enjoyment. This initiative not only serves wildlife but also reinforces a legacy of conservation for the community's future.

A significant storm is moving eastward, affecting communities along the East Coast with heavy rainfall. Flood risks have already been reported in Tennessee and Georgia due to intense downpours. Predictions show over an inch of rain could impact the I-95 corridor, with some areas possibly receiving up to three inches. Meanwhile, evacuations are underway in flooded regions to ensure resident safety.

'Vance asking for 2 more years': Mamdani berates VP for belittling Americans' affordability crisis

Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Department said on Thursday. Economists polled by Reuters had forecast 196,000 claims for the latest week.

The Kremlin has denied accusations of being behind recent cyberattacks on supermarket refrigeration systems across Europe. Grocery stores in numerous European countries experienced significant issues with fridge temperatures, leading to massive food wastage. European Union officials have suggested that these attacks may be a deliberate attempt to disrupt food supplies. This accusation follows increased concerns regarding Russian cyber activities since the ongoing conflict in Ukraine began.

European Union Transport Commissioner Apostolos Tzitzikostas expressed concern over recent hoax bomb threats affecting flights in Europe. Many budget airlines were targeted, with investigations ongoing to determine the source of the threats. Multiple countries reported threats that prompted increased security measures and emergency landings. All affected flights were able to land safely after thorough inspections confirmed no explosives were present.