AGP Executive Report
Last update: 10 hours agoMarkets & Energy: A Democratic sweep of the U.S. midterms sparked a relief rally, with the Dow up 3% and the S&P 500 gaining 1.6%. Brent crude slid below $95 a barrel as hopes grew for an end to the Iran conflict. AI & Chips: AI demand remains strong, but supply is a growing constraint: Indian startups report GPU delivery waits of three to four months, while Qualcomm’s weak guidance weighed on chip stocks. Power Outlook: Europe is forecast to generate more than 80% of its electricity from zero-carbon sources by 2030, yet still miss its renewables target. Power demand is projected to rise 66% by 2050, led by data centres, electric vehicles and hydrogen. Jobs: U.S. private employers added 86,000 jobs in October, offering a fresh gauge of labor-market momentum.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.