Tokyo Stock Exchange extends the spot trading hours as planned from the 5th by 30 minutes - no issues with the rehearsal.
November 3, 2024 18:47 JST
On the 3rd, the Tokyo Stock Exchange announced that the official operation of the spot stock trading system "arrowhead" modification will be carried out as planned on the 5th. They conducted a rehearsal on the 3rd and successfully completed the migration and verification tasks for the system modification without any issues.

Mr. Harris criticizes the Republicans over semiconductor legislation - Mr. Trump's divisive remarks.
November 3, 2024 14:52 JST (excerpt)
Speaker Johnson withdraws support for the repeal of the CHIPS Act.
Mr. Trump's unfounded claim that jobs for black workers are being given to immigrants.
Democratic presidential candidate Harris, the Vice President, strongly criticized House Speaker Johnson (Republican) who advocated for the abolition of the domestic semiconductor industry support law (CHIPS Act) established by the Biden administration to promote and subsidize domestic semiconductor manufacturing.
As the voting day approaches, the difference in positions between Harris, who aims to attract blue-collar votes, and former President Trump, the Republican candidate, has become clear.
On the 1st, Johnson visited the local area with Republican House members from upstate New York, where Micron Technology is planning to invest up to $100 billion based on subsidies from the same law, stating his support for the abolition of the CHIPS Act.

Be cautious of sudden market changes in the presidential election and FOMC this week in the US stock market.
November 3, 2024, 3:43 pm GMT+9 (Full text republished)
The US stock market will face two major events this week, the presidential election and the Federal Open Market Committee (FOMC).
Regarding the presidential election on the 5th, market movements such as the strengthening of the dollar, decline in US bonds, and rise in Bitcoin are seen against the backdrop of the "Trump trade" anticipating a victory for former President Trump. However, opinion polls show a close race between Mr. Trump and Vice President Harris, and some market participants anticipate an increase in volatility regardless of the election outcome.
Walter Todd, Chief Investment Officer at Greenwood Capital, pointed out, "There seems to be short-term risk regardless of who wins." If Mr. Trump wins, there is a scenario of 'selling based on facts' where profits could be realized with Trump trades, while if Ms. Harris wins, there is a risk of Trump trades being rapidly reversed.
With both the presidential and congressional elections taking place simultaneously, various speculations among investors have surfaced regarding how the political results of the congressional elections will impact the market in the medium to long term.
For example...

Harris and Mr. Trump are neck and neck, as the voting approaches, the smear campaign intensifies - with a fierce battle for a few swing votes in the US presidential election: Current Affairs Dot Com
November 3, 2024, 7:02 AM
【Washington Current Affairs】The US presidential election, which will be held on the 5th, continues to be a rare close battle between Vice President Harris of the Democratic Party (60) and former President Trump of the Republican Party (78) in recent years. The situation is such that it would not be surprising for either to win, intensifying smear campaigns and deepening policy debates.
Uncertainty in the US economy - slowdown in employment, in the presidential election.
According to various opinion polls compiled by the political site "Real Clear Politics", former President Trump leads Vice President Harris by a narrow margin of 0.3 points in the average approval rating nationwide. Among the fiercely contested seven states, Trump is leading in Pennsylvania, North Carolina, Georgia, Arizona, and Nevada, while Harris is ahead in Michigan and Wisconsin, but all within the margin of error.
According to the October opinion poll by ABC Television, the top priority issue is "economy" (90%), followed by "protecting democracy in the USA" (81%), "current immigration situation at the southern border" (69%), "abortion" (61%) etc.

Focus: US presidential election, battleground state election administration strengthens measures against disinformation and security
11/3/2024 8:05 AM GMT+9 (some excerpts)
In the battleground states of the US presidential election where voting day of November 5 is approaching, staff engaged in election affairs are proceeding with countermeasures in preparation for the possibility that various situations will occur, from the spread of disinformation and conspiracy theories to threats and acts of violence.
In particular, Philadelphia, eastern Pennsylvania, Detroit, Midwest Michigan, and Atlanta, southern Georgia, have been strengthening efforts to avoid recurrence of confusion at that time, since former President Trump, the Republican Party candidate, has preferred to mention when developing unfounded claims that fraud occurred in the previous election in 2020.
The Philadelphia ticket office is surrounded by a fence with barbed wire at the top, and bulletproof glass was applied to several election commission offices in Detroit and Atlanta.
In Midwestern Wisconsin, election officials received training to calm the uneasy situation, and the structure of polling stations was changed so that they could secure an escape route when threatened by protesters.

$NVIDIA (NVDA.US)$
According to media reports, Mike Johnson, House Speaker, stated on Friday that if Donald Trump wins next week's election and the Republican Party regains the House, the Republican Party will "probably" try to repeal the CHIPS and SAIFNT Acts.
Johnson's statement came in response to reporters' questions during the campaign suspension of Brandon Williams, the Republican incumbent with two new Micron Technology (NASDAQ: MU) chip manufacturing plants north of Syracuse.
"We probably think so, but that part of the agenda has not been developed yet," Johnson reportedly said. "First, we have to get through the election."
According to the Syracuse Democratic Party, Micron is expected to receive $20 billion from the law over the next 10 years to build facilities. Micron stated that it would not build factories in the USA without subsidies, the report added.
Williams reportedly stated that the CHIPS Act would have a "significant impact" on this region...

$NVIDIA (NVDA.US)$
The AI boom due to the emergence of ChatGPT, a factor of significant costs and resource consumption.
"Once-in-a-lifetime opportunity" for Amazon, analysts shocked by large-scale spending.
The momentum of AI investment by leading high-tech companies continues unabated - this year's spending exceeds 30 trillion yen.

Latest situation: Looking at the 2024 American presidential election through data - Jiji.com
Changes in the average approval ratings of various opinion polls, Mr. Trump 48.4%, Ms. Harris 48.1%
U.S. presidential election: Why is it difficult for Ms. Harris to secure support in the Democratic stronghold? | NHK
November 2, 2024, 7:10 p.m.
The American presidential election will have its voting day on the 5th of this month. The support rates of Vice President Harris from the Democratic Party and former President Trump from the Republican Party are in a deadlock, and it appears to be a close battle as the voting day approaches.
Ms. Harris and Mr. Trump condemn violent statements - claiming the president has "no qualifications".
November 2, 2024 18:42 JST
Former legislator Cheney is a war advocate, what do you think if she points a gun at Mr. Trump?
Dictators destroy free countries in this way - Mr. Cheney.
The U.S. Supreme Court rejects the Republicans' appeal regarding the temporary vote counting in Pennsylvania.
November 2, 2024 12:17 JST
On the 1st, the U.S. Supreme Court determined to reject the Republican party's plea to halt the tallying of tens of thousands of potential provisional votes in Pennsylvania, a key state in the presidential election.
Angle: Harris campaign struggles to secure support from "male union workers".
2024 November...

Wall Street event risk at high levels, markets brace for bad news.
November 2, 2024 11:21 JST (excerpt).
Stock and bond markets decline on a monthly basis ahead of the US presidential election and FOMC.
Increased volatility in cross-asset, attention on Trump trade.
For the market that has been supported by the dovish stance of the US financial authorities, economic expansion, and the easing of inflation, the news since November has shown how fragile that situation has become.
Cracks are starting to appear in the pillars that have supported the strength of the market for a long time. The earnings of technology companies, which were the main driving force behind this year's stock market rally, varied, resulting in the cancellation of a month's worth of stock price gains, and the Nasdaq 100 index fell on a weekly basis for the first time in 8 weeks.
The simultaneous rise of stocks and bonds suddenly came to a halt as uncertainties such as the fiercely contested presidential election and the US Federal Reserve's interest rate outlook loomed large.

Mizuho: NVIDIA Might Miss Its Guidance If Super Micro Computer (SMCI) Fails To Find Operational Funding
Rohail Salim, November 1, 2024, 6:33 AM (Eastern Daylight Time)
This is not investment advice. The author is not involved in any of the stocks mentioned. Wccftech.com has disclosure and ethics policies.
Super Micro Computer (SMCI), a retailer of high-performance servers and liquid-cooled AI racks, is currently in a state of turmoil, battling suspicions of financial misconduct, a Justice Department preliminary investigation, an audit-related nightmare of losing the second auditor in about 18 months, and the imminent delisting from the Nasdaq exchange. Mizuho analysts are particularly concerned as Super Micro Computer is NVIDIA's third largest customer, especially with NVIDIA trying to emerge unscathed from this major ordeal.