What are today's top business/market headlines?

I'll fetch today's top business and market headlines from reliable sources.Gathering more details from key sources for a fuller picture.Today's top business and market headlines (November 3, 2026) center on U.S. midterm elections, mixed stock performance with an AI/chip rebound, major earnings (notably Apple and AMD), a big healthcare restructuring, oil price moves, and a major crypto heist update. Here’s a summary of the key stories:[1]

Markets and Stocks

•U.S. stocks mixed amid midterms and AI rebound: The Dow Jones fell about 0.4% (closing near 51,787), while the S&P 500 rose ~0.4% (near 7,569) and the Nasdaq gained ~0.8% (near 25,372). Chip and AI-related stocks (e.g., Nvidia +~2.3%, Broadcom +~3.1%) led a rebound after recent tech selloffs, pausing a multi-day Nasdaq decline. Investors focused on election results that could shift congressional control for the rest of President Trump’s term, with prediction markets showing elevated odds of Democratic gains (potentially a sweep or House control). Post-close futures turned lower as early counts and odds favored Democrats.[2]

•Oil prices ease: Brent and WTI declined (extending recent losses, with Brent near $104 or lower at points) on hopes for diplomatic progress in U.S.-Iran tensions and related Middle East developments. Prices had slipped earlier on peace-talk signals; Trump comments about ending U.S. military funding to Israel by year-end also factored in. Limited prior U.S. strikes on Iran were noted in some reporting.[1]

Key Earnings and Company News

•Apple shares slide after earnings: The company reported results showing growth slowing, pressured by a global memory-chip shortage/crunch tied to AI demand. It warned of an “unprecedented” rise in memory chip prices impacting margins (especially holiday quarter). Shares dropped ~1.9–4% (premarket/intraday), contributing to Dow weakness; it joined other Big Tech/hyperscaler results that had weighed on the AI trade.[3]

•AMD beats big on AI/data center strength: Advanced Micro Devices reported Q3 revenue of $13.4 billion (+45% YoY, beating estimates), with non-GAAP EPS of $2.09 (vs. ~$1.95 expected). Data center revenue nearly doubled (+97% to a record $8.5 billion), driven by Instinct GPUs and EPYC CPUs. Strong Q4 guidance (~$17 billion revenue, +~66% YoY) and optimistic comments on accelerating AI demand. Stock jumped ~7–8%+ after hours (and was up in regular trading). Super Micro Computer and Arista Networks also posted strong AI-related results/outlooks.[4]

•CVS Health to split: The company plans to separate its retail pharmacies (~9,000 stores) from its insurance (Aetna) and pharmacy-benefit manager (Caremark) operations, reversing its post-2018 Aetna acquisition integration strategy. The split is targeted for the first half of 2028 (details still evolving per some reports); one entity keeps the CVS Health name. Shares rose on the news amid regulatory/political scrutiny of vertical integration in healthcare. CVS reports earnings soon.[5]

•Other notables: Palantir and Booking Holdings had mixed or softer reactions post-earnings despite some beats. Block (Square) topped estimates. JOLTS data showed job openings/hiring little changed (ongoing “low hire, low fire” labor market).

Crypto and Other Business

•Binance $6.3 billion heist details: Hackers (linked by the FBI to North Korea, which denied it) used malware, stolen credentials, and elaborate fake job interviews (posing as recruiters/execs) to compromise systems over months starting in June. Binance said outflows have normalized and it has blocked dozens of suspected NK-linked threats this year. The news previously spooked crypto markets.[6]

•Additional headlines: Canva plans major layoffs/relocations (1,200+ jobs); various international notes (e.g., UK pension reforms toward guaranteed income defaults, European market pressures from elections/Mideast, Indian market gains earlier); AI infrastructure demand remains a dominant theme alongside valuation/spending concerns.

Markets remain sensitive to election outcomes (policy implications for taxes, regulation, AI, pharma, housing, energy) and ongoing AI earnings/guidance. Coverage is evolving with after-hours results and vote tallies—check live sources like WSJ, Reuters, Bloomberg, CNBC, or Yahoo Finance for the latest.

Citations (6)

1wsj.comNews and mediaquality 0.80
https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-11-03-2026
Backs: “midterm elections, mixed stock performance with an AI/chip rebound, major earnings (notably Apple and AMD), a big healthcare restructuring, oil price moves, and a major crypto heist update.”
2yahoo.comNews and mediaquality 0.69
https://finance.yahoo.com/markets/live/stock-market-today-tuesday-november-3-dow-sp-500-nasdaq-midterms-amd-earnings-141143244.html
Backs: “Investors focused on election results that could shift congressional control for the rest of President Trump’s term, with prediction markets showing elevated odds of Democratic gains (potentially a sweep or House control). Post-close futures turned lower as early counts and odds favored Democrats.”
3theguardian.comNews and mediaquality 0.75
https://www.theguardian.com/business
Backs: “Shares dropped ~1.9–4% (premarket/intraday), contributing to Dow weakness; it joined other Big Tech/hyperscaler results that had weighed on the AI trade.”
4cnbc.comNews and mediaquality 0.85
https://www.cnbc.com/2026/11/03/amd-amd-q3-earnings-report-2026-.html
Backs: “Stock jumped ~7–8%+ after hours (and was up in regular trading). Super Micro Computer and Arista Networks also posted strong AI-related results/outlooks.”
5wsj.comNews and mediaquality 0.80
https://www.wsj.com/health/healthcare/cvs-will-break-off-its-namesake-pharmacies-9c7dd05e
Backs: “The split is targeted for the first half of 2028 (details still evolving per some reports); one entity keeps the CVS Health name. Shares rose on the news amid regulatory/political scrutiny of vertical integration in healthcare.”
6nypost.comNews and mediaquality 0.64
https://nypost.com/business/
Backs: “Binance said outflows have normalized and it has blocked dozens of suspected NK-linked threats this year.”