MARKETS

S&P 500 7,376.86 +0.31% NASDAQ 24,579.42 +1.09% FTSE 100 10,673.94 -1.01% NIKKEI 57,435 -5.96% BRENT $98.32 +0.03% GOLD $4,074.9 -0.94%

Delayed 15 min · 06:45 GMT

FLASH

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Intelligence

China blocks SoftBank’s $5.4B ABB robotics deal, a blow to Son’s AI push

Beijing has blocked SoftBank’s purchase of ABB’s robotics arm. It is a direct hit to Masayoshi Son’s plans for “physical AI,” and it shows China now treats robot data as a national security asset.

News | 5 November 2026

China blocks SoftBank’s $5.4B ABB robotics deal, a blow to Son’s AI push

Masayoshi Son wanted ABB’s robots for SoftBank’s AI future. Their biggest market just said no.

China blocked SoftBank’s $5.4 billion takeover of the Swiss group’s robotics unit.

China’s foreign-investment security review office blocked the deal, ABB said. Regulators were worried that sensitive robotics data could be sent outside China and used to train AI models. It is a direct hit to Masayoshi Son’s plans for “physical AI,” and it shows China now treats robot data as a national security asset.

Regulators feared robotics data leaving the country to train AI models, possibly including models from SoftBank-backed OpenAI.

That matters because China is ABB Robotics’ biggest market, and more than 90% of the robots it sells there are made locally.

Europe had already approved the deal without conditions in March. SoftBank fell about 7%. Now ABB has to decide what to do with a business it was trying to sell.