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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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Load Test an LLM API Without Misleading Results

Production guide: Load Test an LLM API Without Misleading Results. It includes a deterministic artifact, failure boundaries, rollout checks, and source-qualified limitations. Decision first Load Test an LLM API Without Misleading Results is an explicit production contract, not an isolated code change.

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.

Supreme Court won't hear Apple & Epic's case until January 2027

The Supreme Court has convened for its October session only to tell Apple that it and Epic would be making their arguments heard in 2027 while battles in the lower courts continue. Epic vs Apple won't see Supreme Court until 2027 Apple can't seem to catch a break as the Supreme Court pushes the timeline back further for potentially…

Debugging Financial Transactions in a Production ERP Application: Lessons from NestJS and PostgreSQL

Working on a financial module in an ERP application taught me that debugging is not simply about finding an error and changing a line of code. It requires understanding how different parts of an application communicate and how data moves through the system.

  • Understand entire financial transaction workflow before debugging
  • Trace API request through NestJS: controller → service → database → response
  • Understand database relationships, use SQL queries for validation

Business

In Southeast Asia, winning at home may no longer be enough

For years, Southeast Asian founders were told to win their home market before expanding abroad. Prove the product, build the team, establish revenue, then move into neighbouring countries. That advice still makes sense. But for startups seeking institutional venture capital, it is becoming less sufficient.

Finance & Markets

Finance & Markets

Asian stocks fall after US losses, oil holds drop: Markets Wrap

Brent crude slipped 0.2% to $104.61 a barrel after slumping 7.6% on Monday with the US and Iran signaling a willingness to pursue peace talks

Asian stocks experienced a decline after a selloff in US chipmakers intensified, despite a drop in oil prices following positive developments in Iran's diplomatic efforts to end the war. The MSCI Asia Pacific index fell by 0.6%, with the South Korean Kospi Index dropping over 2%. This decline followed a 12% drop for US chipmakers and a 10% decline in the Nasdaq 100 from its peak.

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Why Amplitude Stock Jumped 23% in October

Amplitude is building momentum ahead of its key Q3 earnings report.

  • Amplitude stock rose 23% in October
  • Investors reacted to AI infrastructure concerns
  • Positive analyst notes boosted stock price

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.

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

Child dies of measles in New York’s first such death in 30 years

A child in rural northern New York has succumbed to measles, marking the state's first such fatality in 30 years, state officials reported on Monday. The victim contracted the viral disease in Lewis County, situated approximately 93 miles north of Syracuse, according to Governor Kathy Hochul. Measles was effectively eradicated in the United States in 2000 through widespread vaccination efforts; however, vaccination rates have declined in recent years, falling below the critical 95% threshold necessary to avert outbreaks.

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Culture

Culture

Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts

The update comes less than a week after the theme parks division eliminated at least 100 jobs The post Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts appeared first on TheWrap .

The Walt Disney Company is considering eliminating a significant number of positions as part of a plan to achieve a 20% reduction in annual costs, according to several media reports. These potential job cuts come amid challenges facing CEO Josh D’Amaro, including increased usage of artificial intelligence, lower box office earnings, heightened competition from streaming services, and a decline in attendance at Disney's theme parks outside the United States, reported Bloomberg.

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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.

  • Bengals depart on Tuesday, practice Thursday and Friday in Madrid
  • Zac Taylor drew from 2019 London experience for current schedule
  • Goal is 6-2 record to tie Pittsburgh and advance in AFC North

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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