Election Day, a 28-Year Walk, and Morgan Housel’s Calendar Test

Plus, the AI company that made more in one quarter than in all of last year.

November 3, 2026 1% Better

November 03, 2026

Good Morning. Polls close tonight from 6 p.m. ET in parts of Kentucky to 1 a.m. ET in Alaska, and some races could take days to call. Plus, a 28-year walk home, a $62,000 Kandinsky now estimated at $80 million, and turkey braised in gravy (first time here? Join 523,000 Betterists ).

Yesterday’s top link : 20-year-old Kimi Antonelli is F1’s youngest champion

TOP STORY TODAY

Polls Close Tonight

Polls are open for the midterms. The first close at 6 p.m. ET in parts of Kentucky and Indiana, the last at 1 a.m. ET in Alaska. All 435 House seats and 36 governor’s races are up.

Voters also decide 145 ballot measures , from abortion and voter ID to taxes. California weighs a one-time 5% tax on residents worth over $1 billion, and Washington votes on repealing its 9.9% tax on income over $1 million.

Results start tonight, but close races and mail ballot rules can stretch counts for days; Alaska’s ranked-choice tallies won’t come until Nov. 18. Watch live results (w/video), and check your state’s voter ID rules .

$17 Billion Quarter

Anthropic, the company behind the Claude chatbot, reported $33.2 billion in revenue for the first nine months of 2026 in an updated IPO filing Monday. That’s up from $2.5 billion a year earlier.

One standout? It brought in $17.0 billion in the third quarter alone , after $41 million in all of 2023. It has also committed about $895 billion to computing and data centers, roughly half of it due by 2030.

Shares would trade on the Nasdaq as ANT, and the company itself warns the pace may not last. The big question is price: the range is still blank in the filing. See how fast revenue grew (chart).

28 Years Walking

Karl Bushby, a 57-year-old former British paratrooper, walked into his hometown of Hull, England, on Monday , 28 years and one day after setting out on foot from the southern tip of Chile.

His rules: no machines to move him forward and no trips home, even if loved ones died. He crossed the Bering Strait into Russia, swam the Caspian Sea for 31 days and covered about 31,000 miles ( see his route ).

He pushed the same cart he’d used for about 25 years to his mother’s door, then hugged her in the street. After 28 years of dollars, he says, even the stores feel foreign. See photos from the journey .

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The 4 People in Every Political Argument

It's Election Day, and Jimmy Carr has a better way to sort people than red vs. blue. On Joe Rogan's podcast last week, he pointed to Tim Urban's book What's Our Problem? , which ranks how people think on a four-rung ladder:

  • The Scientist: changes their mind when the evidence does.
  • The Sports Fan: has a team but, as Carr put it, likes "the rules of the game more than I want my team to win."
  • The Attorney: picks a side first, then argues it no matter what.
  • The Zealot: nothing will change their mind.

Urban's point: liberals and conservatives can stand on any rung, and the top two are where minds still change.

Hear Carr explain all 4 on Joe Rogan (2:16:00)

“Wealth Without Independence Is a Unique Form of Poverty”

Writer Morgan Housel said it on Chris Williamson’s Modern Wisdom podcast. His point: plenty of billionaires don’t control their own calendars, while someone earning $50,000 can. With tech stocks still sliding, try his test: judge your money by how much of your day you control, not by your balance.

See all 5 of Housel’s money ideas

THE MARKET

Business & Markets

▲ Marvell agreed to buy laser maker Lumentum for $115 billion, one of the biggest tech deals ever | Why AI chips are switching to light

▲ Oil prices fell nearly 8% Monday on reports of US-Iran peace talks, pushing Brent below $105 | Hours later, US strikes hit Qeshm Island

▲ Florida voters decide today on raising the homestead exemption to $250,000 by 2028, from about $51,000 | What Amendment 3 would and wouldn’t change

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THE OTHER 99%

5 Stories

▲ US forces struck Iran’s Qeshm Island Monday in what officials called limited, defensive strikes | The strikes, hours before the midterms

▲ Hackers pushed supermarket freezers in seven European countries as high as 122°F, spoiling stock overnight | No one has asked for a ransom

▲ A Kandinsky the Guggenheim sold for $62,000 in 1964 could fetch $80 million on Nov. 17 | See the painting up close

▲ Scientists found heme, the iron molecule in blood, inside cell-like structures in a 115-million-year-old dinosaur bone | The study behind the find

▲ Andy Garcia and David Mamet are among this year’s Kennedy Center honorees, to be celebrated Dec. 7 | The night’s most memorable moments

Fun Links

NASA telescope set to fall after failed rescue [ Article ]

Tea may protect your heart, with a catch [ Study ]

68,000 personal trainer openings every year [ Partner* ]

Why Kenya Barris walked away from Netflix [ Podcast ]

Diet and exercise put diabetes in remission [ Study ]

Gravy-braised turkey for Thanksgiving [ Recipe ]

The “dark at 5:30” family movie list [ Video ]

Why slow and steady beats crash diets [ Post ]

Award-winning drone photos of 2026 [ Photos ]

Why 1% Better? Most self-improvement swings between burning out and rusting out. 1% Better is the antidote. In five minutes each morning, we help you get smarter about the news, your health and your money, with small tips you can use to get a little better every day.

From the news desk

Go deeper on these stories

  • Mounted skeleton of a small theropod dinosaur on display in a museum case

    Science

    Heme found inside blood cell structures in a 115 million year old bone

    Curtin University researchers report hemoglobin-derived molecules inside ellipsoid structures in the limb bones of a Brazilian theropod, and some paleontologists are unconvinced.

  • Bar chart of the Florida homestead exemption at $51,411 today, $150,000 in 2027 and $250,000 in 2028

    Money

    Florida Amendment 3 would lift the homestead exemption to $250,000

    The non-school exemption would reach $150,000 in 2027 and $250,000 in 2028, worth about $2,423 a year at one county's average millage rate.

  • Satellite view of Qeshm Island along the Iranian coast of the Strait of Hormuz

    World

    US strikes Iran's Qeshm Island hours before the midterm elections

    US officials said the limited strikes answered Revolutionary Guard fire on a US aircraft, and Iranian state media reported several explosions on the island.

  • Bar chart of Anthropic revenue rising from $41 million in 2023 to $33.2 billion in nine months of 2026

    Business

    Anthropic discloses $33.2 billion of revenue in nine months before IPO

    The amended filing adds simultaneous public offerings in six countries outside the US and a syndicate of 22 underwriters for a Nasdaq listing under the ticker ANT.

  • Bar chart comparing the $115 billion Marvell deal value with the $550 billion market opportunity

    Business

    Marvell buys Lumentum for $115 billion in an all-stock AI optics deal

    The combination pairs Marvell's electrical chips with Lumentum's optics to chase a connectivity market the two companies size at $550 billion.

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