News
Market news: Former British Prime Minister David Cameron warned current Prime Minister Burnham against seeking to rejoin the European Union.
The S&P 500 rose 1.1%, hitting an intraday high.
Intel (INTC.O) shares rose 8%.
Amazon (AMZN.O): The AWS South America Region is now open to some customers and is expected to be fully open by the end of 2026.
The Central Bank of Russia predicts that the structural liquidity gap will reach 4.0 trillion to 5.2 trillion rubles by the end of 2026.
Market news: Russia has recorded more than 11,000 foreign citizens killed in the Russo-Ukrainian war.
The Philadelphia Semiconductor Index rose by 5% intraday, with Micron Technology (MU.O) up 11%, Marvell Technology (MRVL.O) up 9%, Arm (ARM.O) up over 8%, Intel (INTC.O) up 7%, and Nvidia (NVDA.O) up over 3%.
British Chancellor of the Exchequer Healy: (Regarding fiscal space) We will use it when needed and rebuild it when we have the capacity.
According to Interfax news agency, Russia's chief negotiator, Medinsky, stated that the security buffer zone along the Russian-Ukrainian border is already quite large, is currently expanding, and will continue to expand.
According to TASS, Russia's chief negotiator, Medinsky, said that if we successfully establish a fair security system, it will ensure peace in Europe for decades and even centuries to come.
British Chancellor of the Exchequer Healy: Ending the Middle East wars would be the biggest single economic boon for Britain.
British Chancellor of the Exchequer Healy: Be prepared to say no to data centers that bring no benefit.
British Chancellor of the Exchequer Healy: We do not want the American-style disorderly competition in the data center sector.
Coreweave (CRWV.O) CEO: We see no factors that would affect our ability to deliver data centers within the United States.
Coreweave (CRWV.O) CEO: Nvidia is not a company ruled by one person; they will continue to be an important partner to us. Our construction plans have not been delayed or changed in any way.
According to Interfax news agency, Russian presidential aide Ushakov said that the European side will hold relevant talks to assess the outcome of the Abu Dhabi talks.
According to Interfax news agency, the Kremlin says that preparations are underway for a meeting between Russian President Vladimir Putin and US President Donald Trump during the APEC summit.
Boosted by CoreWeave's earnings report, US-based new cloud computing stocks rose, with the Roundhill Neocloud ETF up 12%, Nebius up 12.5%, and IREN up 7.2%.
The Dow Jones Industrial Average opened 78.37 points higher, or 0.15%, at 52,310.26 on Wednesday, November 11; the S&P 500 opened 78.21 points higher, or 1.04%, at 7,599.32; and the Nasdaq Composite opened 399.38 points higher, or 1.59%, at 25,465.25.
British Treasury senior official Bowler: Bloomberg knew that the bank tax was temporary and below 8%, which is unlikely to be a coincidence. I am frustrated by the leak.