It’s Monday, November 3rd, and the week opens with contradiction: the clocks turned back, but Washington’s still frozen.
The government shutdown hits Day 34 as Obamacare premiums surge 30%, and twenty million Americans brace for impact.
Meanwhile, Nvidia becomes the world’s first $5 trillion company — the crown jewel of an AI economy now worth more than entire nations. Elon pushes for a trillion-dollar payday.
Kala unpacks how Trump’s call to reserve Nvidia’s Blackwell chips for the U.S. could redraw the map of global tech power, why the Mag 7 now controls nearly 40% of the S&P 500, and what Amazon and Walmart’s “AI efficiency” really means for the American worker.
Markets are roaring. Politics are stalled. The algorithms are awake.
This is your Monday Morning Rundown.
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