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The Daily Edition

Tuesday, 3 November 2026

400+ stories across 8 sections

The Takeaway

Donald Trump addressed voters in a 54-minute speech, highlighting his Washington renovations, including the Lincoln Memorial Reflecting Pool. Meanwhile, in Asia, the MSCI Asia Pacific index fell by 0.4%, with the South Korean Kospi Index decreasing by nearly 3%, as Asian stocks slid due to a continued decline in US chipmakers. Oil prices also fell, with Brent crude futures declining by more than 7% on Monday.

Apple disclosed that it remains uncertain when its upcoming iPhone Duo will meet consumer demand, citing memory shortages driven by demand for artificial intelligence technology. In the finance sector, North Korea strongly rejected a US accusation that it orchestrated a $6.1 billion cryptocurrency heist, calling it a "grave political provocation" against the regime. Blackstone President Jon Gray predicted that additional global equity fundraising will be necessary to keep pace with the growing demand from the AI industry.

Written by urgent.news from the day's reporting.

AI

AI

Apple beats sales and profit expectations but AI costs weigh on holiday sales

Apple reported strong earnings for the July-September quarter on Monday, surpassing analysts' expectations. The company's record revenue was largely driven by iPhone sales and growth in services. CEO John Ternus, who assumed leadership from Tim Cook in September, expressed optimism about the upcoming holiday season and hinted at the popularity of the company's latest products, including the foldable Duo.

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Tech

Tech

Apple says it's 'really hard' to predict when iPhone Duo supply will catch up to demand

Apple's chief operating officer said during Monday's earnings call that "it's really hard to predict when supply and demand will be in balance."

Apple disclosed on Monday that it remains uncertain when its upcoming iPhone Duo will align with consumer demand, as purchasers of preorders are facing lengthy wait times. The firm attributed this predicament to memory shortages driven by demand for artificial intelligence technology, which is simultaneously driving up production costs.

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Apple Dodges Question on More Price Hikes as Memory Costs Climb

Apple expects memory costs to continue to increase in the December quarter and beyond, CEO John Ternus said during today's earnings call . Ternus, COO Sabih Khan, and CFO Kevan Parekh all commented on Apple's struggle with memory. "What we're seeing with memory pricing right now is unprecedented," said Ternus.

Accurate Audio Transcription API in Python and Node.js Game SaaS — Reliability

Short answer: treat audio transcription as a reliability boundary, not a convenience API. For a game catalog that turns messy voice descriptions into searchable text, put an idempotent job contract in…

  • Accurate transcription treated as reliability boundary, not convenience feature
  • Idempotent job contract required with transcription service selection
  • Dashboard tracks completion SLO, quality, and retry stuck jobs

Business

GOP's midterm blame game starts early

Republicans don't know if they'll lose big or small on Tuesday, but they're already bracing for an epic blame game. Why it matters: Privately, Republicans acknowledge it's not a complicated version of…

PwC will close the year with the hiring of more than 1,300 professionals

The new promotion will combine 889 young recent graduates and 479 professionals with prior experience. Additionally, the Audit and Consulting areas are leading the hiring.

  • PwC to hire over 1,300 professionals by year-end
  • 889 recent graduates and 479 experienced practitioners added
  • New hires distributed across Audit, Consulting, Legal, and other departments

Naturgy, Nortegas and MRG open their networks to partners

The owners of the gas network in Spain, including CPPIB, USS, ATP, Gingko Tree and PGGM, reopen the corporate operations of the sector, something they have been waiting for a while.

  • Four major companies control Spanish gas distribution networks: Naturgy, Nortegas, MRG, and Redexis.
  • Potential deals worth 15 billion euros could result from corporate operations in the sector.

Finance & Markets

Finance & Markets

Global Market Today: Asian stocks slide as US chip selloff deepens

The MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a three-day rout to 12% and the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign some investors are looking to buy on dips, US stock futures gained. Japan is closed for a holiday.

Asian markets started the day on a downward trend following a continued decline in US chipmakers, while oil prices fell as expectations of a resolution to the conflict in Iran grew. The MSCI Asia Pacific index fell by 0.4%, with the South Korean Kospi Index decreasing by nearly 3%. In the United States, a chipmaker index dropped by 12%, and the Nasdaq 100 declined by 10% from its previous high, entering a technical correction.

US stock futures, however, increased, suggesting buying interest amid the downturn. Japan was closed for a national holiday during these events.

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World

World

The midterms will change US politics. But NZ will keep feeling the Trump effect

Donald Trump’s presidency has seen unprecedented executive power, meaning Democratic gains could have limited impact on oil prices and tariffs.

As New Zealanders cast their ballots in their general election, Americans are simultaneously participating in their Congressional midterm elections, which could have significant repercussions for both nations. With all 435 seats in the House of Representatives and 35 Senate seats up for grabs, the political landscape in the United States hangs in the balance.

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Why Abdul El-Sayed is now a top Senate contender

There’s little question Michigan’s U.S. Senate race is a bellwether for the entire nation in this midterm election. The contest between Republican Mike Rogers and Democrat Abdul El-Sayed is now the most expensive election in Michigan history, with $400 million, perhaps $500 million by Tuesday, in spending. But how did Michigan’s open U.S.

  • Abdul El-Sayed's progressive policies gaining popularity in Michigan
  • Bernie Sanders' 2016 primary victory in Michigan set stage for candidates like El-Sayed
  • Race between Republican Mike Rogers and Democrat El-Sayed most expensive in state history

Police release identity of suspect in Seoul building arson

Police on Tuesday released the identity and mug shots of a suspect accused of setting fires at two patent firms in southern Seoul last month and leaving 26 people injured. The Seoul Metropolitan Police Agency posted the photos of Lee Myung-soo, 77, on its website following a decision by a review committee.

Science

Science

500-Year-Old Inca Mummies Show Traces of Alcohol and Other Drugs Used Before Child Sacrifices

Learn how traces of coca, alcohol, and a plant compound preserved in inca mummies offer clues to how children were prepared for sacrifice 500 years ago.

An analysis of hair and nail samples from ancient Inca children offers insight into the final month of their lives before their sacrificial deaths. Researchers from the University of Warsaw studied mummies from Peru and Argentina, uncovering traces of substances used during the capacocha ritual, a sacred ceremony often resulting in child sacrifice.

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UK artist David Breuer-Weil to launch Tel Aviv solo exhibition focused on Oct. 7

His upcoming Tel Aviv showcase brings together a body of work addressing the tragedy of the Oct. 7 massacre, the emotional return of the hostages, and complex questions surrounding Jewish identity.

  • British artist David Breuer-Weil unveils Tel Aviv solo exhibition "Unity".
  • Exhibition features new paintings, sculptures addressing October 7 events.
  • "Home" series created post return of Israeli hostages, reflecting emotional intensity.

Health & Medicine

Health & Medicine

New York state reports first measles-linked child death in over 30 years amid outbreak

The US is experiencing its worst measles resurgence in decades, with 178 measles cases reported in New York State as of October 24 and three measles-related deaths in the country this year.

The New York State Health Department announced on Monday that a child in Lewis County had become the first measles-linked death in the state in over three decades. This tragic event is part of an ongoing measles outbreak that has affected multiple regions across New York and neighboring states. In response to the crisis, Governor Kathy Hochul declared a State Disaster Emergency, with the Department providing resources to support community outreach and vaccination efforts in Lewis County as well as other affected areas.

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Brandon cancer patients lament oncologist’s depature

BRANDON — Cancer patients across Brandon say they are heartbroken by the impending departure of medical oncologist Dr. Brady Anderson from the Western Manitoba Cancer Centre. When Lesa Carey learned […]

  • Brandon residents devastated by Dr. Brady Anderson's departure
  • Lesa Carey and Michelle Budiwski express sadness over loss
  • Another oncologist to join in December, but concerns remain

Culture

Culture

A Tuesday flight and a 6-day week: Bengals tweak their Madrid routine for Falcons

CINCINNATI (AP) — Zac Taylor learned plenty about preparing for an international game in 2019 when the Cincinnati Bengals faced the Los Angeles Rams in London.That's why the Bengals have a different schedule for Sunday's game against the Atlanta Falcons in Madrid, Spain.

Cincinnati Bengals head coach Zac Taylor gained valuable experience from a similar situation in 2019 when his team faced the Los Angeles Rams in London. To prepare for Sunday's game against the Atlanta Falcons in Madrid, Spain, the Bengals are departing on Tuesday and will have Wednesday off. Instead of practicing Monday like they did in London, Taylor opted to have Thursday and Friday for practice at the Spanish National Team Training Facility.

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Al-Nassr thrash Pakhtakor 6-2 in AFC Champions League Elite

Al-Nassr beat Pakhtakor 6–2 away in Tashkent on Nov. 2 in AFC Champions League Elite Matchday 4, securing a second straight win. João Félix scored twice, while Cristiano Ronaldo did not feature. Al-Nassr produced a dominant away performance to beat Uzbekistan’s Pakhtakor 6-2 at Pakhtakor Central Stadium in Tashkent on Monday, securing…

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