Stories from Monday, November 9, 2026

• Strategy buys $81.9 million of bitcoin and repurchases $188 million of STRC

  The bitcoin treasury firm paid about $79,012 a coin Nov. 2–8 and funded the STRC buyback from ATM stock sales; holdings cost basis averages about $75,456.

  Crypto · Nov 9, 2026, 6:05 PM EST · Jennifer Walsh

• SoftBank faces AI-strategy scrutiny at earnings after tech selloff

  A $64.6 billion outlay for a 13% OpenAI stake and 10.8 trillion yen of net interest-bearing debt hang over Tuesday's results.

  Equities · Nov 9, 2026, 5:10 PM EST · Marcus Rodriguez

• Congress returns with Dec. 11 funding, the debt limit and a Hegseth impeachment push

  The lame-duck window is about five weeks: funding expires Dec. 11, the NDAA is unfinished, and Rep. Thomas Massie is expected to reintroduce a Hegseth impeachment resolution as early as Monday.

  Politics · Nov 9, 2026, 3:45 PM EST · James Mitchell

• Democrats prepare oversight of Musk's DOGE role and companies

  House and Senate gavels arrive in January, with planned probes of DOGE data access and whether Musk's companies benefited from his government role; Texas's incoming AG has pledged to scrutinize Starlink broadband grants.

  Politics · Nov 9, 2026, 3:30 PM EST · James Mitchell

• Anthropic's IPO roadshow can start as early as Tuesday, while buyers push on price

  Reuters reported last week that some potential investors doubted the schedule, with some seeing $1.5 trillion as the high end of expectations. The amended filing still leaves the price range blank.

  Startups · Nov 9, 2026, 3:20 PM EST · Robert Harrison

• Tesla is winding down the Cybertruck so Cybercab can take its factory floor

  Musk said Cybertruck production at Gigafactory Texas winds down around the middle of next year for Cybercab. Cox Automotive estimated 20,237 U.S. Cybertruck sales last year, far below Musk's earlier prediction that annual sales would eventually total 250,000. The AI pivot is eating the product line.

  Opinion · Nov 9, 2026, 3:10 PM EST · Connor O'Brien

• Fox holds investor calls ahead of an expected Roku-deal bond offering

  Mononews, citing Bloomberg, says about seven investment-grade tranches from three to 40 years are expected after the Nov. 6 close.

  Equities · Nov 9, 2026, 2:50 PM EST · Marcus Rodriguez

• NHTSA opens probe into more than 1.2 million Ford Explorers over airbag burns

  The preliminary evaluation covers model years 2021–2026 after eight complaints and four early warning reports, according to news accounts of the agency's notice.

  Equities · Nov 9, 2026, 1:41 PM EST · Marcus Rodriguez

• NRG agrees to a $4 billion plant deal with LS Power and lifts its buyback plan

  NRG said the expected proceeds will support $3 billion in share repurchases across 2026 and 2027 and an additional $2 billion in debt reduction upon closing, bringing total planned 2027 debt reduction to $3 billion.

  Equities · Nov 9, 2026, 1:20 PM EST · Marcus Rodriguez

• Avalanche to be core ledger for clearing on NYSE-affiliated 24/7 tokenized securities platform

  Ava Labs says Avalanche is the core ledger for the clearing firm; the Journal reported exclusive Avalanche settlement on the exchange's planned round-the-clock venue, pending approvals.

  Crypto · Nov 9, 2026, 12:35 PM EST · Jennifer Walsh

• Citi cuts US stocks and tech to neutral, upgrades Europe ex-UK on AI turbulence

  Beata Manthey's team is still positive on AI longer term but warns crowded positioning and further selling could keep tech under pressure.

  Equities · Nov 9, 2026, 11:10 AM EST · Marcus Rodriguez

• Hedge funds cut tech near the highest pace since 2016 amid midterm AI concerns

  U.S. long/short gross leverage fell 8.7 percentage points to 207.5%, the largest weekly drop since March 2020, Goldman prime data show.

  Equities · Nov 9, 2026, 10:40 AM EST · Marcus Rodriguez

• Coinbase gets full federal trust charter for crypto custody

  The charter follows April's conditional nod and excludes ordinary retail deposits and traditional lending at the trust bank; New York custody migrates over three years.

  Crypto · Nov 9, 2026, 10:15 AM EST · Jennifer Walsh

• Nvidia board opens foreign-intelligence probe as Huang apologizes for infidelity

  The board says it has no reason to believe secrets were compromised. Huang's daughter and son both work at the company, its May 2026 proxy shows.

  Equities · Nov 9, 2026, 9:35 AM EST · Marcus Rodriguez

• Japan bought a record ¥7.98 trillion of yen in one day, MOF data show

  July 30's dollar-sold, yen-bought print topped April's prior daily record; July 31 included coordinated action with Washington, Asahi and CNA report.

  Macro · Nov 9, 2026, 9:20 AM EST · James Mitchell

• China extends its pause on the extra 24% tariff on US goods for two months, keeps 10%

  The Customs Tariff Commission tied the Nov. 10 adjustment to the Washington heads-of-state consensus and said it will watch any Section 301 shift.

  Macro · Nov 9, 2026, 8:40 AM EST · James Mitchell

• US labor productivity rises 3.6% in Q3, the strongest pace in a year

  Output rose 3.7% while hours worked edged up 0.1%; the prior quarter was revised up to 2.1%.

  Macro · Nov 9, 2026, 6:45 AM EST · James Mitchell

• US jobless claims fall to 189,000, below the 196,000 estimate

  The prior week was revised up to 195,000; continuing claims cover the week ending Oct. 24.

  Macro · Nov 9, 2026, 1:35 AM EST · James Mitchell