Morning Edition · Monday, November 9, 2026
Tech
Nvidia's board investigates whether Jensen Huang was targeted by Chinese intelligence after he admits an affair
The woman named in the reports is a former executive of Megaspeed, a Singapore-based chip buyer that bought more than $4.8 billion of Nvidia hardware in two years and that US officials are examining for possible export-control evasion.
Macro
China's producer prices rise 5.7% in October, the fastest pace since June 2022, as consumer inflation slows to 0.7%
Energy costs pushed factory-gate prices above forecasts while core consumer inflation eased to 0.8%, so Chinese manufacturers are absorbing input costs they cannot pass on to weak domestic buyers.
Markets
Taiwan and Japan stocks rebound from the midterm sell-off as Trump concedes his Iran war and deportations cost Republicans votes
Taiwan's Taiex rose 5.72% and Japan's Nikkei 225 rose 3.45% by midday Monday, while futures traders still put roughly a 77% chance on a Federal Reserve rate increase in December after October payrolls beat forecasts.
Markets
Brent falls below $100 after Trump calls new Iran strikes unlikely, while Rubio says Tehran's demands are unrealistic
Trump said a deal would already have been signed if not for the midterm elections, and Iraq says it is pumping more than 5 million barrels a day, half a million above its requirement under the Organization of the Petroleum Exporting Countries and its allies (OPEC+).
Crypto
Bitcoin swings between about $73,800 and $75,000 as the Nvidia scandal triggers more than $1 billion in crypto liquidations
Gold held near $4,070 an ounce and silver near $51.60, moving far less than bitcoin, which tracked Nvidia's weekend futures rather than the monetary metals.
Macro
China extends its suspension of a 24% tariff on US goods for two months and keeps a 10% levy in place
The extension starts on November 10 and comes days before the Asia-Pacific Economic Cooperation (APEC) summit in China, where Trump and Xi Jinping are expected to meet, while a proposed $60 billion package of reciprocal tariff cuts remains unfinished.
Geopolitics
G7 ministers meet in Paris as US, Russian and Ukrainian delegations prepare for talks in Abu Dhabi
Trump told 60 Minutes that Ukraine will "end up with a little bit different shape" after the war, and Finland's and Norway's leaders spent months preparing their own call with Vladimir Putin, according to Politico.
World
Paraguay jails former president Santiago Peña before trial over the Ueno Bank collapse
A judge ordered pre-trial detention after the Senate removed Peña, while the central bank has paid about $160 million to roughly 1.2 million insured depositors of a lender with nearly 3 million customers.
Macro
Argentina's country risk premium closes near 939 points as Pope Leo tells Milei the economy must serve the poor
Argentine markets reopen on Wednesday after holidays for the papal visit, and the American Chamber of Commerce warned that the Democratic win in Congress could put conditions on US financial support heading into 2027.
Geopolitics
Ukrainian drones strike Russia's Kirishi refinery again, about 800 kilometers from Ukraine
The governor of Russia's Leningrad region confirmed drone hits in Kirishi's industrial zone and said falling debris damaged an apartment building, at a plant that had stopped processing crude for a time after an August attack.
Geopolitics
Houthi missile attack damages Aramco's tower in Riyadh's financial district
Saudi Arabia's Energy Ministry said debris from an intercepted missile caused minor damage and no injuries, while the Houthis claimed six operations against Aramco sites, Riyadh airport and Saudi military positions after Saudi airstrikes near Sanaa.
Macro
Lula pledges fiscal responsibility in his first national address since re-election but names no spending measures
Brazilian assets have sold off since Lula beat Flávio Bolsonaro, with the dollar rising above 5.50 reais at one point, and the president said he wants to lift investment above 20% of gross domestic product (GDP).