Daily Market Recap (November 4th 2025)

These sources provide a broad overview of current financial, technological, and political events occurring around November 2025. Economically, the news highlights a softening labor market indicated by reduced job postings and major layoffs at companies like Amazon, UPS, Target, and IBM, with experts questioning if these cuts are driven by an economic slowdown or "AI-washing." In the tech and investing world, the sources cover market volatility, including Bitcoin plunging below $100,000 due to AI valuation concerns, the successful IPO of Amazon-backed eVTOL company Beta Technologies, and the struggles of EV manufacturers Rivian and Lucid due to regulatory changes and tariffs. Finally, political news focuses on the death of powerful former Vice President Dick Cheney and ongoing gubernatorial elections in New Jersey and Virginia, alongside the controversy surrounding President Trump's handling of SNAP benefits during a prolonged government shutdown.

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