Business Report: Payrolls Jump 165,000 as Nasdaq Rebounds 1% After AI Rout, Nov. 6, 2026
Business report November 6, 2026: payrolls jump 165,000, Nasdaq rebounds 1% after the AI rout, oil logs a steep weekly drop and China blocks SoftBank.
World News, Politics and War, Reported from Boston
AI news from The Boston Report: OpenAI, Google, Anthropic, Meta and new AI tools, plus the safety, policy and business questions around artificial intelligence.
Business report November 6, 2026: payrolls jump 165,000, Nasdaq rebounds 1% after the AI rout, oil logs a steep weekly drop and China blocks SoftBank.
Data center moratorium pledges by governors-elect in Texas, Ohio and Georgia hit chip stocks Thursday before a partial Friday morning rebound.
Apple AI spending caps: Bloomberg says engineers’ daily generative AI allowance fell from $300 to $200 in October, with deeper cuts still under review.
Google Wyoming data center: Alphabet announces a $17 billion Laramie County campus with 702 MW fuel cells, carbon capture and air cooling near Cheyenne.
Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027 to make room for increased Cybercab output.
McGraw Hill said Nov. 5 it will let district customers use licensed K-12 curriculum inside Claude for Teachers through an MCP connector, starting in beta.
Google DeepMind’s Genie 4 research preview generates interactive worlds with native audio and Gemini steering, including experimental robotics simulation pairings.
METR’s Nov. 5 assessment finds Anthropic’s well-specified-task progress near 2× prior pace and AECI scores growing 1.9× since Oct. 2025, while noting major redactions.
Three House chairmen asked Nvidia CEO Jensen Huang on Nov. 5 to brief them Nov. 18 on interactions with Megaspeed’s Alice Huang and Nvidia’s espionage defenses.
TeraWulf said Nov. 4 that Google will credit-backstop financing for about $19 billion in Anthropic lease commitments at its Justified campus in Hawesville, Kentucky.