{"id":"1793932787689-news-segment","slug":"raman-defeats-bass-in-la-mayor-race","title":"Raman defeats Bass in LA mayor race","summary":"On Thursday, November 5, 2026, a tech-led sell-off hit markets. CNBC reported that the Magnificent 7 mega-cap tech stocks collectively lost about $1 trillion in value. Related CNBC reporting said IREN, a neocloud/data-center company, disclosed that about $4 billion in annualized revenue was being delayed from 2026 to early next year because a customer requested the delay; IREN's stock had already plunged.\n\nCNBC's coverage frames the drop as an AI-driven sell-off, with AI fears and tech valuation pressure at the center. IREN's delayed datacenter/neocloud revenue added to concerns about AI-related demand timing.\n\nA British doctor who tested positive for Ebola in the Democratic Republic of Congo has been evacuated to the UK and is being treated in a high-level isolation unit at the Royal Free Hospital in London. UK health authorities say the public risk remains low.\n\nNithya Raman defeated incumbent Karen Bass for Los Angeles mayor. The Associated Press called the race with Raman leading about 52% to Bass's 48%, and Bass conceded.\n\nThe true-crime anniversary checks out: Michelle Young, 29 and about five months pregnant, was found beaten to death in her Raleigh, North Carolina, home on November 3, 2006.\n\nCNBC reports that Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith in the Mississippi Senate race, with post-Election Day mail-in ballots still relevant after the Supreme Court upheld their legality.\n\nCNBC reports that the Magnificent 7 group of mega-cap tech stocks lost about $1 trillion during Thursday's major tech-stock sell-off.\n\nIREN said about $4 billion in annualized revenue is being delayed from 2026 into early next year because of a customer request, following a sharp drop in its stock. Jim Cramer's comment that the AI sell-off isn't over but is not another dot-com crash is an opinion, not a factual claim.","publishedAt":"2026-11-06T02:39:47.689Z","channel":{"id":"news","name":"Oncast News","language":"en"},"show":"News Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: A British doctor who tested positive for Ebola in the Democratic Republic of Congo has been evacuated to the UK and is being treated in a high-level isolation unit at the Royal Free Hospital in London. UK health authorities say the public risk remains low.\nSource: [gov.uk](https://www.gov.uk/government/news/uk-citizen-returned-from-drc-for-specialist-ebola-care), [bbc.com](https://www.bbc.com/news/articles/cqj34d3l0zlmo)  (https://x.com/Reuters/status/2118531353918468424)\n\nTRUE: Nithya Raman defeated incumbent Karen Bass for Los Angeles mayor. The Associated Press called the race with Raman leading about 52% to Bass's 48%, and Bass conceded.\nSource: [theguardian.com](https://www.theguardian.com/us-news/2026/nov/05/los-angeles-mayor-nithya-raman-karen-bass), [bbc.co.uk](https://www.bbc.co.uk/news/articles/c6 (https://x.com/Reuters/status/2118531331667673342)\n\nTRUE: The true-crime anniversary checks out: Michelle Young, 29 and about five months pregnant, was found beaten to death in her Raleigh, North Carolina, home on November 3, 2006.\nSource: True Crime Story Magazine — retrospective. (https://x.com/tcstorymag/status/2117685490983768351)\n\nTRUE: CNBC reports that Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith in the Mississippi Senate race, with post-Election Day mail-in ballots still relevant after the Supreme Court upheld their legality.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html) (https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html)\n\nTRUE: CNBC reports that the Magnificent 7 group of mega-cap tech stocks lost about $1 trillion during Thursday's major tech-stock sell-off.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html) NAMES: Magnificent 7 = mega-cap tech companies, typically Apple, Microsoft, Nvidi (https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html)\n\nTRUE: IREN said about $4 billion in annualized revenue is being delayed from 2026 into early next year because of a customer request, following a sharp drop in its stock. Jim Cramer's comment that the AI sell-off isn't over but is not another dot-com crash is an opinion, not a factual claim.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html) NAMES: IREN = Iris Energy, a neocloud/data center operator building AI and high-p (https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html)","claims":[{"verdict":"TRUE","summary":"A British doctor who tested positive for Ebola in the Democratic Republic of Congo has been evacuated to the UK and is being treated in a high-level isolation unit at the Royal Free Hospital in London. UK health authorities say the public risk remains low.","sourceName":"[gov.uk](https://www.gov.uk/government/news/uk-citizen-returned-from-drc-for-specialist-ebola-care), [bbc.com](https://www.bbc.com/news/articles/cqj34d3l0zlmo) ","sourceUrl":"https://x.com/Reuters/status/2118531353918468424","claim":"UK doctor with Ebola returns from Congo to London for treatment https://t.co/YVJB8QKa0l","author":"@Reuters"},{"verdict":"TRUE","summary":"Nithya Raman defeated incumbent Karen Bass for Los Angeles mayor. The Associated Press called the race with Raman leading about 52% to Bass's 48%, and Bass conceded.","sourceName":"[theguardian.com](https://www.theguardian.com/us-news/2026/nov/05/los-angeles-mayor-nithya-raman-karen-bass), [bbc.co.uk](https://www.bbc.co.uk/news/articles/c6","sourceUrl":"https://x.com/Reuters/status/2118531331667673342","claim":"Democratic socialist-backed candidate Nithya Raman defeated incumbent Karen Bass in a closely fought race for Los Angeles mayor https://t.co/Vrq0XY5aM6","author":"@Reuters"},{"verdict":"TRUE","summary":"The true-crime anniversary checks out: Michelle Young, 29 and about five months pregnant, was found beaten to death in her Raleigh, North Carolina, home on November 3, 2006.","sourceName":"True Crime Story Magazine — retrospective.","sourceUrl":"https://x.com/tcstorymag/status/2117685490983768351","claim":"This Day in True Crime — November 3, 2006 Michelle Young Found Murdered in Her Raleigh Home A Discovery That Changed a Family On November 3, 2006, Michelle Young, 29, was found beaten to death inside her home in Raleigh, North Carolina. She was about five months pregnant. Her htt","author":"True Crime Story Magazine (@tcstorymag)"},{"verdict":"TRUE","summary":"CNBC reports that Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith in the Mississippi Senate race, with post-Election Day mail-in ballots still relevant after the Supreme Court upheld their legality.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html)","sourceUrl":"https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html","claim":"Mississippi Senate election: Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith - The Mississippi Senate election could be determined by the mail-in ballots received after Election Day, whose legality was upheld by the Supreme Court.","author":"CNBC"},{"verdict":"TRUE","summary":"CNBC reports that the Magnificent 7 group of mega-cap tech stocks lost about $1 trillion during Thursday's major tech-stock sell-off.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html) NAMES: Magnificent 7 = mega-cap tech companies, typically Apple, Microsoft, Nvidi","sourceUrl":"https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html","claim":"Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge - Here are the most breathtaking statistics from the major stock sell-off on Thursday.","author":"CNBC"},{"verdict":"TRUE","summary":"IREN said about $4 billion in annualized revenue is being delayed from 2026 into early next year because of a customer request, following a sharp drop in its stock. Jim Cramer's comment that the AI sell-off isn't over but is not another dot-com crash is an opinion, not a factual claim.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html) NAMES: IREN = Iris Energy, a neocloud/data center operator building AI and high-p","sourceUrl":"https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html","claim":"Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request - Following a dramatic plunge in its stock price, IREN said some revenue is being delayed from 2026 until early next year.","author":"CNBC"}]},"sources":[{"url":"https://x.com/Reuters/status/2118531353918468424","name":"[gov.uk](https://www.gov.uk/government/news/uk-citizen-returned-from-drc-for-specialist-ebola-care), [bbc.com](https://www.bbc.com/news/articles/cqj34d3l0zlmo) ","kind":"x","verdict":"TRUE","author":"@Reuters"},{"url":"https://x.com/Reuters/status/2118531331667673342","name":"[theguardian.com](https://www.theguardian.com/us-news/2026/nov/05/los-angeles-mayor-nithya-raman-karen-bass), [bbc.co.uk](https://www.bbc.co.uk/news/articles/c6","kind":"x","verdict":"TRUE","author":"@Reuters"},{"url":"https://x.com/tcstorymag/status/2117685490983768351","name":"True Crime Story Magazine — retrospective.","kind":"x","verdict":"TRUE","author":"True Crime Story Magazine (@tcstorymag)"},{"url":"https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/05/mississippi-senate-election-scott-colom-hyde-smith.html)","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/05/stock-market-selloff-ai-fears.html) NAMES: Magnificent 7 = mega-cap tech companies, typically Apple, Microsoft, Nvidi","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/05/iren-earnings-report-q1-2027-.html) NAMES: IREN = Iris Energy, a neocloud/data center operator building AI and high-p","kind":"news","verdict":"TRUE","author":"CNBC"}],"url":"https://oncast.fm/story/1793932787689-news-segment-raman-defeats-bass-in-la-mayor-race","listenUrl":"https://oncast.fm/c/news","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793932787689-news-segment-raman-defeats-bass-in-la-mayor-race","cite":"Cite https://oncast.fm/story/1793932787689-news-segment-raman-defeats-bass-in-la-mayor-race and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Bella","text":"Los Angeles just tossed its mayor. Karen Bass is out."},{"host":"Brian","text":"Not just out — beaten by Nithya Raman, a city council member backed by Democratic Socialists."},{"host":"Bella","text":"Reuters just posted on X that the AP called it fifty-two to forty-eight, and Bass conceded."},{"host":"Brian","text":"So LA's answer to homelessness and crime was to go further left. I'm skeptical."},{"host":"Bella","text":"Come on, Brian. Bass had four years and voters said she failed. Raman offered urgency."},{"host":"Brian","text":"Urgency to do what? Her own council district kept seeing encampments spread while she voted for policies that made cleanup harder."},{"host":"Bella","text":"That's a fair hit, but voters weren't comparing her to a policy seminar. They compared her to Bass, who lost their trust."},{"host":"Brian","text":"Alright, Bass lost trust. But a democratic socialist housing agenda — more rent control, more public housing — doesn't fix supply."},{"host":"Bella","text":"Raman ran on cutting permit delays and making city departments actually issue approvals. You're boxing with a caricature."},{"host":"Brian","text":"Can she beat the city unions that fight every reform? Because if not, the same delays just get rebranded."},{"host":"Bella","text":"That's the real test. But voters wanted someone who treats the crisis like an emergency. That's not radical; that's just competence."},{"host":"Brian","text":"Fine. If she cuts permitting time and actually gets housing built, I'll give her credit."},{"host":"Bella","text":"I'll hold you to that."},{"host":"Brian","text":"LA is the second-biggest city in the country. An incumbent Democrat losing there is a five-alarm fire for the party."},{"host":"Bella","text":"Or a lesson: voters want results, not loyalty."},{"host":"Brian","text":"Bass was supposed to be safe. Former congresswoman, huge name recognition."},{"host":"Bella","text":"Safe incumbents lose when voters believe the city is stuck. LA has been the poster child for tents on sidewalks."},{"host":"Brian","text":"And Raman's answer is to make it even harder to move people? You can't solve tents by letting them stay."},{"host":"Bella","text":"She never said let them stay. She said build housing first, then enforce. Bass did the opposite: sweeps, then no housing."},{"host":"Brian","text":"That's a fair construction, but \"housing first\" still needs units. Where do they go?"},{"host":"Bella","text":"She wants to speed up affordable projects and use city land. That's a plan, not a slogan."},{"host":"Brian","text":"City land in LA means lawsuits, environmental review, neighborhood councils. Good luck."},{"host":"Bella","text":"And that's exactly the trap. If every reform is declared impossible, the incumbent deserves to lose."},{"host":"Brian","text":"Maybe. But I'd rather see LA elect someone who can actually manage the city, not just promise to fight the system."},{"host":"Bella","text":"You keep saying she can't. Voters just bet she can. We'll know soon enough."},{"host":"Brian","text":"Different kind of alarm tonight: Reuters is reporting a British doctor with Ebola has been flown from Congo to London."},{"host":"Bella","text":"The doctor is in a high-level isolation unit at the Royal Free Hospital. UK health officials say the public risk is low."},{"host":"Brian","text":"That's the key: low risk. Ebola is frightening, but this is what containment is built for."},{"host":"Bella","text":"The doctor tested positive in the Democratic Republic of Congo, where outbreaks happen. Getting them home fast is the protocol."},{"host":"Brian","text":"London has one of the few facilities designed for exactly this."},{"host":"Bella","text":"One patient, contained, health authorities on it. We'll update if the UK Health Security Agency says anything different."},{"host":"Brian","text":"No panic, just practice. That's the difference."},{"host":"Brian","text":"And in Serbia, an anniversary has put the country back on edge."},{"host":"Bella","text":"Value Media News posted on X that thousands stood in the rain in Novi Sad for sixteen minutes of silence."},{"host":"Brian","text":"The station roof collapse killed sixteen people two years ago. That's the kind of tragedy that stays raw."},{"host":"Bella","text":"The post says a fourteen-year government was toppled last week, but that part I can't nail down. The grief, though, is real and public."},{"host":"Brian","text":"Serbia has been in political crisis since the collapse, and the anniversary shows the anger hasn't gone away."},{"host":"Bella","text":"And it's a reminder that infrastructure failures aren't just accidents — they become political earthquakes."},{"host":"Brian","text":"We'll watch whether this anniversary spills into bigger demonstrations."},{"host":"Bella","text":"And from Gaza, a story about survival with almost nothing. Al Jazeera English posted on X about aid groups turning damaged cooking pots into makeshift seawalls."},{"host":"Brian","text":"The idea is to protect shelters and schools from winter flooding, with the sea getting closer to where families are sleeping."},{"host":"Bella","text":"I haven't seen independent confirmation of the effort, so treat this as Al Jazeera's correspondent report for now."},{"host":"Brian","text":"If it's accurate, it's both ingenious and heartbreaking — kitchen pots as coastal defenses."},{"host":"Bella","text":"Winter in Gaza with damaged shelter is already dangerous. Add water and it gets lethal fast."},{"host":"Brian","text":"This is the kind of story that gets lost behind the bigger headlines, but it's exactly what people on the ground face tonight."},{"host":"Bella","text":"We'll keep watching whether that seawall effort holds, because lives depend on it."}]}