Senior Business Editor, CityNews680
Joined March 2009
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Mike Eppel retweeted
⛽️ En-Pro gas update for Tomorrow Friday November 6
DOWN 7 CENTS: 1.609📉
GTA, KW, Ottawa
#pumpprices #fuelprices #gaspriceupdate #energynews #GTAgas #GTAgasprice #oilandgas #gasprice #gasnews #GasStation
The A.I. bubble deflation in progress...
BREAKING: US technology stocks collapse at the open, erasing -$1.3 trillion in market cap in 30 minutes, with dozens of names down 10% or more.
Tech Stocks Today:
1. SanDisk, $SNDK: -15%
2. Western Digital, $WDC: -13%
3. Nebius, $NBIS: -13%
4. AMD, $AMD: -12%
5. Seagate, $STX: -12%
6. Qualcomm, $QCOM: -10%
7. Micron, $MU: -10%
8. Tesla, $TSLA: -10%
9. Dell, $DELL: -10%
10. Arm, $ARM: -10%
11. Marvell Technology, $MRVL: -10%
12. CrowdStrike, $CRWD: -10%
13. Intel, $INTC: -9%
14. CoreWeave, $CRWV: -8%
15. Palantir, $PLTR: -8%
16. SpaceX, $SPCX: -7%
17. TSMC, $TSM: -7%
18. Nvidia, $NVDA: -5%
19. Broadcom, $AVGO: -5%
20. Oracle, $ORCL: -5%
The Nasdaq 100 is now down -4% on the day.
We expect a highly eventful day ahead.
Turn on our post notifications @KobeissiLetter for real time analysis as this develops.
Mike Eppel retweeted
🚨 NEW: Meta hopes to restore news on Facebook/Insta in Canada by year’s end.
Meta Canada's Rachel Curran says it will “very likely” be resolved thru Canada-U.S. trade talks. “If we are able to reach agreement post-midterms ... the news stuff will be dealt with as part of that."
So, the Midterm message from voters was about affordability and corruption…
Wall Street seems happy with the U.S. midterm results...with $1 trillion dollars of total Market Cap already added today
-DJIA up 1,250 pts (2.4%)
-Apple up 6%, Alphabet up 5%, Microsoft up 6%, Amazon up 7%
-Tesla down 3%
-Trump Media and Tech...down 10%
toronto.citynews.ca/audio/
Aside from all that…
It was gas prices.
It was the war.
It was also the corruption.
The incompetence.
The tariffs.
The playing nice with Russia.
The impression of cruelty.
The overly aggressive deportations.
The accidental arrests of American citizens who were Hispanic.
The arrogance.
The ballroom.
The reflecting poll.
The golf courses.
The arch.
The Qatari 747.
The aggressive redistricting push.
The threats against enemies.
Priorities…
Ontario will freeze early childhood educator wages for 2027, ministry memo says thestar.com/politics/provinc…
Mike Eppel retweeted
BREAKING: US stock market futures erase all losses and turn positive on the day.
A massive post-election reversal is currently underway.
This seems important…
BREAKING: US federal debt surged +$422 billion in October, to a record $40.6 trillion.
Since July 1st alone, US federal debt has soared +$1.2 trillion, averaging +$300 billion per month.
This is equivalent to an increase of ~$10 billion per day.
As a result, the US total public Debt-to-GDP ratio is up to 123%, the highest since the 2020 pandemic peak.
Meanwhile, the Treasury borrowed a record $839 billion through auctions of Treasury bills and notes last week, with the majority going toward repaying holders of maturing bills.
This surpassed the previous all-time high of $834 billion set during the same period in 2025.
The US debt crisis is in full-swing.
Captain’s Tennille, Morgan, Highliner and Chaos need to be on the expanded Top 10 list…
In my latest captain power rankings, I've got Stubing #1 followed by America, Kangaroo, Caveman, Kirk, and Crunch. Honorable mention to Lou Albano.
This case should be thrown out of court based on deliciousness…
Plaintiffs accuse McDonald’s of intentionally shaping McRib patties with ridges to resemble pork ribs and make diners believe the sandwich contains rib meat. nbcnews.com/business/busines…
Mike Eppel retweeted
Republicans hoped that President Trump would deliver a final closing argument less than 24 hours before the midterm elections.
Trump opened his remarks with a lengthy report on “the high-quality material” used to renovate the reflecting pool. on.wsj.com/3V2aogf
Mike Eppel retweeted
Trump — after previously attacking Democratic Rep Haley Stevens (falsely) as a “Radical Left Socialist” who would benefit from vote fraud — now calls her, in the wake of her shocking endorsement of GOP Michigan Senate nominee Mike Rogers, “Highly Respected.”
