According to @ReutersBiz, TSX futures were flat as the AI rally wobbled on Nov 7, 2025, in a Canada pre-market update that provided no additional sector or macro details and did not reference cryptocurrencies (source: Reuters Business tweet).

According to Gary Black, pre-market bargain hunters rotated into beaten-up tech shares after concerns that the AI-fueled rally since April had overshot, signaling a risk-on tone into the open; source: Gary Black on X, Nov 7, 2025. TSLA shareholders approved a potential 1 trillion dollar pay package for Elon Musk with more than 75 percent of votes in favor, removing an overhang on the stock and improving near-term sentiment for momentum strategies; source: Gary Black on X, Nov 7, 2025. He noted markets are flying partly blind due to limited economic data during an extended US government shutdown, leaving the path for interest rates unclear and complicating risk positioning; source: Gary Black on X, Nov 7, 2025. On valuation, he stated the S&P 500 trades at 22.0 times forward earnings, implying a 4.5 percent forward earnings yield versus a 4.1 percent 10-year Treasury yield, within the range of historic equity risk premiums, tempering fears of stretched multiples; source: Gary Black on X, Nov 7, 2025. For crypto exposure, traders can monitor BTC and ETH for potential spillover from tech-led risk appetite and evolving rate expectations highlighted above, aligning positioning with shifts in macro-liquidity sentiment; source: Gary Black on X, Nov 7, 2025.

According to @business, the current AI equity rally lacks a publicly traded pure-play company that primarily operates in the new AI space, indicating a structural gap in listed exposure, source: @business. @business reports that columnist @edwardnh writes an OpenAI IPO could further inflate the AI bubble, source: @business.

According to @business, US stocks have boomed since Donald Trump’s re-election, driven by an AI-led rally and heightened volatility rather than the initially anticipated drivers (source: Bloomberg/@business). According to @business, leadership from AI-related equities and a volatility-defined tape characterize the advance, shaping near-term sector rotation and risk management for traders (source: Bloomberg/@business). According to @business, crypto market participants can monitor how this equity-led AI narrative and elevated volatility regime guide risk appetite and liquidity conditions across digital assets (source: Bloomberg/@business).

According to @KobeissiLetter, Apple (AAPL) reported stronger-than-expected earnings and a $132 billion cash pile at 4:30 PM ET, saw shares drop about 5% by 4:31 PM ET, then rebound roughly 8% by 4:45 PM ET, adding around $320 billion in market cap and turning positive, underscoring extreme post-earnings and AI-driven volatility, source: @KobeissiLetter. Apple is a top weight in the Nasdaq 100, so a rapid swing of this magnitude can shift index futures and near-term risk appetite across tech benchmarks watched by cross-asset traders, source: Nasdaq Indexes. Research has documented higher co-movement between crypto and equities in risk-on and risk-off regimes, meaning BTC and ETH can react alongside large-cap tech volatility during key earnings windows, source: International Monetary Fund.