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Former JPMorgan chief strategist Marko Kolanovic: It would be overly optimistic to naively believe that the next two years will be peaceful with a divided government. Things could unfold much faster and more dramatically. In the coming days, watch for any defections within the government (like people abandoning ship to save themselves when it sinks).

The NI225 index fell below 61,000 points, down 3.31% on the day.

According to the Associated Press, Republican Andy Barr is expected to win a seat in the Kentucky Senate.

Japanese Chief Cabinet Secretary Minoru Kihara: We support and are communicating with the International Criminal Court to consider financial countermeasures.

U.S. stock index futures fell after Decision Desk (DDHQ), an election forecasting firm, predicted that the Democratic Party would win control of the U.S. House of Representatives.

The Washington Post published a commentary reflecting on what the United States can learn from Malaysia's example. Amidst a wave of opposition to data center construction in many parts of the US, Malaysia is actively attracting global investment in AI infrastructure, striving to become an "AI nation" by 2030. Malaysia, with a population of approximately 36 million, currently has 1,318 megawatts of operational data center capacity, with another 1,039 megawatts under construction. Following Singapore's suspension of new data center construction in 2019, significant investment shifted to neighboring Johor, Malaysia. The article points out that technology companies need to bear the costs of their own electricity consumption and related grid upgrades, protecting most residents from rising electricity prices. Malaysia also hopes to leverage data center investment to drive its domestic industries from electronic assembly to high-end chip manufacturing and design. In contrast to the growing opposition in some parts of the US, support for data center expansion remains dominant in Malaysia.

Decision Platforms (DDHQ), an election forecasting organization, predicts that the Democratic Party will win control of the U.S. House of Representatives.

Japanese Chief Cabinet Secretary Minoru Kihara: The US-Japan alliance is crucial; we will maintain close cooperation.

Japanese Chief Cabinet Secretary Minoru Kihara: I will not comment on the US midterm elections.

According to NBC News: Democratic candidate Bottoms has won the Georgia gubernatorial election.

Decision Platforms (DDHQ), an election forecasting organization, predicts that Democratic candidate Page Coney is projected to win the U.S. House of Representatives seat in Pennsylvania.

According to the Associated Press: U.S. Democrat John Hickenlooper is projected to win the Colorado Senate seat, while Democrat Ben Luhan is projected to win the New Mexico Senate election.

According to the Associated Press, Republican Senator Hagman is expected to win a Senate seat in Wyoming.

According to the Associated Press, New York Governor Kathleen Hozul, a Democrat, is expected to win the New York governorship race.

A rare surge in advance ordering is occurring in the global semiconductor equipment supply chain. According to a November 3 report by South Korea's *Electronic News*, major global semiconductor equipment manufacturers such as Applied Materials, ASML, Lam Research, Tokyo Electron, and KLA-Tex are finalizing their 2028 equipment supply contracts, with some even beginning discussions about 2029 orders. Investment in AI infrastructure is driving global chipmakers to simultaneously expand capital expenditures at wafer fabs, extending equipment delivery cycles by more than double the normal rate, with some equipment delivery times exceeding two years. Previously, chipmakers typically initiated contract negotiations 6-12 months before equipment deployment, with deliveries completed within 3-6 months of order placement. Now, equipment supply capacity has become a bottleneck for capacity expansion, with companies like TSMC, Micron, and Intel securing key equipment in advance. While equipment manufacturers are expanding capacity and shortening installation and commissioning times, they are still struggling to meet demand. Industry insiders predict this trend of early order securing may continue until 2030.

According to US media reports, President Trump's election night reception in the East Room of the White House has begun, with Trump watching the midterm election results with cabinet officials and political advisors. As polling stations in various states gradually close, Republican optimism is beginning to waver. Trump has repeatedly expressed his dissatisfaction with Fox News' election coverage on the Truth Social platform. Meanwhile, White House officials emphasized that Trump will not interfere in the election by declaring martial law or encouraging officials to refuse to certify the results. Previously, some Trump supporters had publicly called for martial law during the midterm elections. Reports indicate that some Trump allies watching the vote count in the East Room have begun to worry about the election results that night. It is unclear how long Trump will remain at the reception.

Decision Platforms (DDHQ), an election forecasting organization, predicts that Democratic candidate Helena Fox will win the Rhode Island gubernatorial election.

The NI225 index expanded to 3% intraday, currently trading at 61165.92 points.

U.S. stock index futures continued to decline, with Nasdaq 100 futures down more than 2%, S&P 500 futures down 0.85%, and Dow Jones futures down 0.35%.

Decision Platforms Headquarters (DDHQ), an election forecasting organization, predicts that Republican candidate Donald Trump has won the Florida gubernatorial race.