$2.5T has been wiped from US stocks
U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Replit’s updated Pro Agreement, effective October 9, 2026 for existing Pro customers, introduced mandatory arbitration and a class-action waiver that were absent from the previous terms. The agreement allows customers to opt out within 30 days of first becoming subject to it, making November 8 the stated deadline for existing customers. Those who joined Pro after the revised agreement was posted in September may have had an earlier deadline, measured from registration. The September announcement mentioned the opt-out period but did not provide the deadline or submission address.
To opt out, each customer must email [email protected] from the address associated with their account. The message must include their full name, mailing address, Replit username, account email, and a clear statement opting out of the arbitration provision in Section J; each team member must submit their own notice. Opting out preserves the option of taking a dispute to court rather than private arbitration, but does not resolve any claim. The notice also urges customers to check Settings under Personalization for the Model Improvement control, which was enabled by default for eligible Pro accounts from September 9. Turning it off applies only to new content, not material already covered, and the setting should be checked for each team member.
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U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Chip stocks plunged as Wall Street headed for its worst post-midterm Election Day performance since 1896. The provided page contains no further details about the selloff or its causes. (finance.yahoo.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life in prison. The move is largely symbolic because California has not executed anyone since 2006, but it could reduce court costs. (bbc.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life without parole, citing his opposition to capital punishment. Prosecutors and victims’ advocates are expected to challenge the blanket commutation, which affects about one-quarter of death sentences nationwide. (nytimes.com)
A selloff in AI stocks rattled Wall Street. The S&P 500 fell more than 3%. (apnews.com)
An anonymous seller is auctioning about $500 million in data center loans, including debt tied to OpenAI’s Stargate project and operators Vantage and CyrusOne. The sale reflects growing investor concern that AI infrastructure spending and data center projects face mounting financial and political risks. (bloomberg.com)
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