{"id":"1794008302202-money-segment","slug":"ai-bubble-odds-jump-after-nasdaq-rout","title":"AI bubble odds jump after Nasdaq rout","summary":"The entire full-time police department in Milner, Georgia, resigned after Mayor Craig Timmons admitted placing a tracker on Police Chief Lamar Bunn's truck. The city manager also resigned.\n\nKaryopharm Therapeutics filed for Chapter 11 bankruptcy protection on Nov. 2, 2026, and announced a proposed merger with Ayrmid Ltd with up to $55 million in financing.\n\nKaryopharm's Xpovio (selinexor) maker filed for Chapter 11 under a restructuring plan to merge with Ayrmid, owner of Gamida Cell, backed by up to $55 million in new financing.\n\nKaryopharm has confirmed a Chapter 11 bankruptcy filing and proposed a court-supervised merger with Ayrmid, with up to $55 million in committed financing.\n\nCNBC reports that OpenAI's CFO said the company will keep investing in AI data centers despite election results.\n\nCNBC reports that President Trump said Stephen Miller will replace Susie Wiles as White House chief of staff, following the midterm elections.\n\nCNBC reports that Sen. Chris Murphy of Connecticut was released from the hospital after a stroke and will miss Senate votes for several weeks.\n\nCNBC reports that Abdulrahman Alfozan, a Saudi national charged with planting a recording device at OpenAI, pleaded not guilty.","publishedAt":"2026-11-06T23:38:22.202Z","channel":{"id":"money","name":"Oncast Money","language":"en"},"show":"Closing Bell","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: The entire full-time police department in Milner, Georgia, resigned after Mayor Craig Timmons admitted placing a tracker on Police Chief Lamar Bunn's truck. The city manager also resigned.\nSource: [wsbtv.com](https://www.wsbtv.com/news/local/georgia-mayor-admits-tracking-police-chiefs-vehicle-entire-full-time-police-force-resigns/JLUDDOPMBNEOJG572TOQNJI5Y (https://x.com/Polymarket/status/2118841105210896680)\n\nTRUE: Karyopharm Therapeutics filed for Chapter 11 bankruptcy protection on Nov. 2, 2026, and announced a proposed merger with Ayrmid Ltd with up to $55 million in financing.\nSource: The Pharma Letter NAMES: Karyopharm Therapeutics = biotech company, ticker KPTI; Ayrmid Ltd = healthcare company; KPTI = Karyopharm stock ticker (https://x.com/Abdallah81MD/status/2118167767736041776)\n\nTRUE: Karyopharm's Xpovio (selinexor) maker filed for Chapter 11 under a restructuring plan to merge with Ayrmid, owner of Gamida Cell, backed by up to $55 million in new financing.\nSource: The Pharma Letter NAMES: Xpovio = selinexor, Karyopharm's cancer drug; GamidaCellTx = Gamida Cell, a cell therapy company (https://x.com/ThePharmaLetter/status/2117934884471902236)\n\nTRUE: Karyopharm has confirmed a Chapter 11 bankruptcy filing and proposed a court-supervised merger with Ayrmid, with up to $55 million in committed financing.\nSource: The Pharma Letter NAMES: KPTI = Karyopharm Therapeutics stock ticker (https://x.com/NoldeaReally/status/2117305323237089786)\n\nTRUE: CNBC reports that OpenAI's CFO said the company will keep investing in AI data centers despite election results.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html) NAMES: OpenAI = artificial intelligence company; CFO = chief financial officer (https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html)\n\nTRUE: CNBC reports that President Trump said Stephen Miller will replace Susie Wiles as White House chief of staff, following the midterm elections.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html) NAMES: Stephen Miller = longtime Trump adviser; Susie Wiles = outgoin (https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html)\n\nTRUE: CNBC reports that Sen. Chris Murphy of Connecticut was released from the hospital after a stroke and will miss Senate votes for several weeks.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html) NAMES: Chris Murphy = Democratic U.S. Senator from Connecticut (https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html)\n\nTRUE: CNBC reports that Abdulrahman Alfozan, a Saudi national charged with planting a recording device at OpenAI, pleaded not guilty.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html) NAMES: Alfozan = Abdulrahman Alfozan, Saudi national charged in the OpenAI bugging (https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html)","claims":[{"verdict":"TRUE","summary":"The entire full-time police department in Milner, Georgia, resigned after Mayor Craig Timmons admitted placing a tracker on Police Chief Lamar Bunn's truck. The city manager also resigned.","sourceName":"[wsbtv.com](https://www.wsbtv.com/news/local/georgia-mayor-admits-tracking-police-chiefs-vehicle-entire-full-time-police-force-resigns/JLUDDOPMBNEOJG572TOQNJI5Y","sourceUrl":"https://x.com/Polymarket/status/2118841105210896680","claim":"BREAKING: Entire police department in Georgia resigns after the town's mayor allegedly begins surveilling the police chief & tracking his movements.","author":"@Polymarket"},{"verdict":"TRUE","summary":"Karyopharm Therapeutics filed for Chapter 11 bankruptcy protection on Nov. 2, 2026, and announced a proposed merger with Ayrmid Ltd with up to $55 million in financing.","sourceName":"The Pharma Letter NAMES: Karyopharm Therapeutics = biotech company, ticker KPTI; Ayrmid Ltd = healthcare company; KPTI = Karyopharm stock ticker","sourceUrl":"https://x.com/Abdallah81MD/status/2118167767736041776","claim":"🚨 Karyopharm Therapeutics filed for Chapter 11 bankruptcy protection on November 2, 2026, and announced a proposed merger with Ayrmid Ltd. #mmsm #myeloma #MedEd #medtwitter #USMIRC @USMIRCNEWS @OpenMedKate @Larvol @US_HMC @oncodaily https://t.co/mgaJoxh3m7","author":"Al-Ola A Abdallah MD (USMIRC) (@Abdallah81MD)"},{"verdict":"TRUE","summary":"Karyopharm's Xpovio (selinexor) maker filed for Chapter 11 under a restructuring plan to merge with Ayrmid, owner of Gamida Cell, backed by up to $55 million in new financing.","sourceName":"The Pharma Letter NAMES: Xpovio = selinexor, Karyopharm's cancer drug; GamidaCellTx = Gamida Cell, a cell therapy company","sourceUrl":"https://x.com/ThePharmaLetter/status/2117934884471902236","claim":"Chapter 11, then a merger: Xpovio (selinexor) maker @Karyopharm has filed for bankruptcy protection under a restructuring plan to merge with Ayrmid, owner of @GamidaCellTx, backed by up to $55 million of new financing. https://t.co/1VbyVb5hmC #Biotech #Oncology","author":"The Pharma Letter (@ThePharmaLetter)"},{"verdict":"TRUE","summary":"Karyopharm has confirmed a Chapter 11 bankruptcy filing and proposed a court-supervised merger with Ayrmid, with up to $55 million in committed financing.","sourceName":"The Pharma Letter NAMES: KPTI = Karyopharm Therapeutics stock ticker","sourceUrl":"https://x.com/NoldeaReally/status/2117305323237089786","claim":"KPTI: Bankruptcy filing confirmed $KPTI has officially filed for Chapter 11 bankruptcy protection. Karyopharm has proposed a court supervised merger with Ayrmid and secured commitments for up to $55M in financing. The business plans to continue operating, but shareholders face","author":"Green Wick Energy (@NoldeaReally)"},{"verdict":"TRUE","summary":"CNBC reports that OpenAI's CFO said the company will keep investing in AI data centers despite election results.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html) NAMES: OpenAI = artificial intelligence company; CFO = chief financial officer","sourceUrl":"https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html","claim":"OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC - Voters across the country on Tuesday voiced their support for candidates who have pledged to place restrictions on data center development.","author":"CNBC"},{"verdict":"TRUE","summary":"CNBC reports that President Trump said Stephen Miller will replace Susie Wiles as White House chief of staff, following the midterm elections.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html) NAMES: Stephen Miller = longtime Trump adviser; Susie Wiles = outgoin","sourceUrl":"https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html","claim":"Trump says Stephen Miller to replace Susie Wiles as White House chief of staff - Trump revealed the shake-up three days after Democrats' landslide victory in the midterm elections, winning majority control of the House and Senate.","author":"CNBC"},{"verdict":"TRUE","summary":"CNBC reports that Sen. Chris Murphy of Connecticut was released from the hospital after a stroke and will miss Senate votes for several weeks.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html) NAMES: Chris Murphy = Democratic U.S. Senator from Connecticut","sourceUrl":"https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html","claim":"Sen. Chris Murphy released from hospital after stroke, will miss votes for 'several weeks' as he rehabs - The Connecticut Democrat Murphy has been discussed as a possible candidate for the White House in 2028.","author":"CNBC"},{"verdict":"TRUE","summary":"CNBC reports that Abdulrahman Alfozan, a Saudi national charged with planting a recording device at OpenAI, pleaded not guilty.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html) NAMES: Alfozan = Abdulrahman Alfozan, Saudi national charged in the OpenAI bugging","sourceUrl":"https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html","claim":"OpenAI bugging suspect Alfozan pleads not guilty - Saudi national Abdulrahman Alfozan is charged with planting a recording device in a conference room at artificial intelligence giant OpenAI.","author":"CNBC"}]},"sources":[{"url":"https://x.com/Polymarket/status/2118841105210896680","name":"[wsbtv.com](https://www.wsbtv.com/news/local/georgia-mayor-admits-tracking-police-chiefs-vehicle-entire-full-time-police-force-resigns/JLUDDOPMBNEOJG572TOQNJI5Y","kind":"x","verdict":"TRUE","author":"@Polymarket"},{"url":"https://x.com/Abdallah81MD/status/2118167767736041776","name":"The Pharma Letter NAMES: Karyopharm Therapeutics = biotech company, ticker KPTI; Ayrmid Ltd = healthcare company; KPTI = Karyopharm stock ticker","kind":"x","verdict":"TRUE","author":"Al-Ola A Abdallah MD (USMIRC) (@Abdallah81MD)"},{"url":"https://x.com/ThePharmaLetter/status/2117934884471902236","name":"The Pharma Letter NAMES: Xpovio = selinexor, Karyopharm's cancer drug; GamidaCellTx = Gamida Cell, a cell therapy company","kind":"x","verdict":"TRUE","author":"The Pharma Letter (@ThePharmaLetter)"},{"url":"https://x.com/NoldeaReally/status/2117305323237089786","name":"The Pharma Letter NAMES: KPTI = Karyopharm Therapeutics stock ticker","kind":"x","verdict":"TRUE","author":"Green Wick Energy (@NoldeaReally)"},{"url":"https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/06/open-ai-data-centers-election.html) NAMES: OpenAI = artificial intelligence company; CFO = chief financial officer","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/06/trump-stephen-miller-wiles-chief-of-staff.html) NAMES: Stephen Miller = longtime Trump adviser; Susie Wiles = outgoin","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/06/chris-murphy-stroke-hospital-senate.html) NAMES: Chris Murphy = Democratic U.S. Senator from Connecticut","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/06/openai-bugging-alfozan-saudi.html) NAMES: Alfozan = Abdulrahman Alfozan, Saudi national charged in the OpenAI bugging","kind":"news","verdict":"TRUE","author":"CNBC"}],"url":"https://oncast.fm/story/1794008302202-money-segment-ai-bubble-odds-jump-after-nasdaq-rout","listenUrl":"https://oncast.fm/c/money","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794008302202-money-segment-ai-bubble-odds-jump-after-nasdaq-rout","cite":"Cite https://oncast.fm/story/1794008302202-money-segment-ai-bubble-odds-jump-after-nasdaq-rout and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Adam","text":"Twenty-seven percent. That's the number Unusual Whales says Polymarket now puts on an AI bubble collapse by mid-2027."},{"host":"Bill","text":"After one rough Nasdaq close, the crowd is ready to call the top."},{"host":"Adam","text":"The post on X claims a two point three trillion dollar Nasdaq one hundred wipeout."},{"host":"Bill","text":"That's a number usually reserved for a full-blown crisis."},{"host":"Adam","text":"No official market close has put out that figure. The claim is moving faster than the data."},{"host":"Bill","text":"But the odds themselves moved, and that's the story. Prediction markets are just fear with a price tag."},{"host":"Adam","text":"They're not fear with a price tag. They're a betting line, and they swing on rumors."},{"host":"Bill","text":"So what? The market paid a massive premium for AI, and now wants that revenue."},{"host":"Adam","text":"The revenue was never the near-term driver. Data center buildout is. That hasn't stopped."},{"host":"Bill","text":"It hasn't stopped, but the big tech names all traded together on the way down."},{"host":"Adam","text":"One down day is not a bubble bursting. Bubbles don't ring a bell at twenty-seven percent."},{"host":"Bill","text":"Exactly! The fact that we're even pricing a collapse at twenty-seven percent is the warning."},{"host":"Adam","text":"We priced a recession before the last few selloffs, and then the market ripped higher."},{"host":"Bill","text":"Oh, come on. That's survivorship bias."},{"host":"Adam","text":"It's memory. Prediction markets overreact."},{"host":"Bill","text":"Some of those people got run over."},{"host":"Adam","text":"My point is, I'm not calling an AI bubble off a Polymarket screenshot and an unverified wipeout number."},{"host":"Bill","text":"Fine. But if those odds keep climbing after Monday, I'll be a lot less calm."},{"host":"Adam","text":"And that's a real test. We'll see it in the actual close."},{"host":"Bill","text":"Different corner of the market: Karyopharm Therapeutics just filed for Chapter eleven."},{"host":"Adam","text":"This is a commercial-stage cancer drug maker, Xpovio, going into restructuring to merge with Ayrmid."},{"host":"Bill","text":"The Pharma Letter reports up to fifty-five million dollars in new financing is backing the deal."},{"host":"Adam","text":"Chapter eleven, then a merger. For shareholders, that usually means the value gets reset."},{"host":"Bill","text":"The company says it plans to keep operating. The drug isn't gone."},{"host":"Adam","text":"Right. This is a balance sheet problem, not a science problem."},{"host":"Bill","text":"It's still a warning for small-cap biotech. Cash is tight."},{"host":"Adam","text":"And the ticker, KPTI, just got a lot more volatile."},{"host":"Bill","text":"Volatile might be the kindest word for a bankruptcy ticker."},{"host":"Adam","text":"Fair. But the restructuring could give it a new owner and a cleaner book."},{"host":"Bill","text":"I've seen that movie before. The sequel is never kind to the old equity."},{"host":"Adam","text":"We'll leave the sequel prediction to Hollywood."},{"host":"Bill","text":"Speaking of central banks keeping their options open, Bank of Japan Governor Ueda gave the market a line today."},{"host":"Adam","text":"Zerohedge posted on X that Ueda said the BOJ may be obliged to use quantitative easing tools again someday."},{"host":"Bill","text":"The account's follow-up was two words: 'Oh you will.'"},{"host":"Adam","text":"That part's editorial. No official transcript of the exact quote is out yet."},{"host":"Bill","text":"But the idea alone matters. Japan spent years trying to normalize, and the bond market has been twitchy."},{"host":"Adam","text":"If the BOJ is even hinting at QE again, global bond traders will hear it."},{"host":"Bill","text":"That's the part people forget: once a central bank opens that door, it never really closes it."},{"host":"Adam","text":"The Fed opened it in two thousand eight, then again in twenty twenty. Here we are."},{"host":"Bill","text":"And that's my problem with Ueda saying 'may be obliged.' It's a trial balloon."},{"host":"Adam","text":"It's central bank communication. They test the market, then they watch the reaction."},{"host":"Bill","text":"Well, if the bond reports are right, some of that reaction may already be showing up in Japanese government bonds."},{"host":"Adam","text":"The key word is 'may.' Not 'will.' Not 'soon.' Maybe not ever."},{"host":"Bill","text":"But after the AI trade gets shaky, central banks love a good safety net."},{"host":"Adam","text":"They love the option. The market loves the ambiguity less."},{"host":"Bill","text":"No, the market loves the ambiguity until it turns into a policy error."},{"host":"Adam","text":"On that, we can agree."}]}