Market News for November 7, 2026
Every story Market Flux published on November 7, 2026.
- Market Flux Event
US Fighter Jet Strikes Iranian Missile Sites at Jask and Qeshm After Anti-Ship Missile Launches
A US fighter jet struck Iranian surface-to-air missile launchers at Jask and on Qeshm Island on the evening of November 7, after Iran fired several missiles at the US aircraft. Four…
- Market Flux Event
Israeli President Herzog Taps Eisenkot to Form New Government as Netanyahu Calls for Unity Coalition
Israeli President Isaac Herzog granted the mandate to form a new government to Gadi Eisenkot, leader of the opposition and Netanyahu's main political rival, on November 7. Eisenkot now has…
- Market Flux Event
Trump Orders DOJ to Probe Democrats Over Alleged Extortion Threats and Offers Press Secretary Job to UFC CEO Dana White
President Donald Trump directed the Justice Department to investigate Democratic leaders he accused of extorting his administration officials, allies, and Republican donors following the…
- Market Flux Event
Novartis Abandons Pelacarsen After Phase 3 Trial Shows No Benefit Over Placebo, Dashing Blockbuster Hopes
Novartis is abandoning pelacarsen, an experimental heart drug developed with Ionis Pharmaceuticals, after the drug failed its pivotal late-stage clinical trial. The Phase 3 Lp(a)HORIZON…
- Market Flux Event
J&J's Once-Daily Icotrokinra Pill Shows Significant Benefit in Psoriatic Arthritis as Argenx Posts Phase 3 Win in Autoimmune Myositis
Johnson and Johnson announced that ICOTYDE (icotrokinra), its once-daily targeted oral peptide that blocks the IL-23 receptor, delivered significant improvement in psoriatic arthritis…
- Market Flux Event
Berkshire Hathaway Q3 Operating Earnings Drop 5.8% to $12.7 Billion as Buybacks Hit $9.6 Billion
Berkshire Hathaway reported a 5.8% decline in third-quarter operating earnings to $12.7 billion, down from the year-earlier period, as the Omaha-based conglomerate simultaneously…
- Market Flux Event
New Zealand Election Too Close to Call as PM Luxon Claims Pathway to Government
New Zealand's general election has produced an uncertain result, with Prime Minister Christopher Luxon saying the outcome remains too close to call but asserting that his National Party has…
- Market Flux Event
US Launches Strikes on Iran After Missile Attack on Navy Jet and Downed Drone Near Strait of Hormuz
The United States carried out what President Trump called "minor strikes" on Iran after Iranian forces fired surface-to-air missiles at a U.S. F/A-18 Super Hornet over the Strait of Hormuz…
- Unusual Volume
Axon Enterprise Sinks 18% to Two-Year Low After Q3 Miss and Revenue Guidance Cut on Dedrone Delays
Axon Enterprise shares collapsed 18.18% on Friday, the worst performance in the S&P 500 and the stock's weakest close in two years, after the company reported a weaker-than-expected third…