US:
- Airbnb reported third-quarter earnings slightly below expectations, resulting in a 5.5% premarket decline.
- Upstart Holdings saw a 22% rise in premarket trading following strong quarterly results.
- Arista Networks and Monster Beverage both reported results that led to declines of 4.6% and 6%, respectively.
- Super Micro Computer rose 5% in premarket trading, while Trump Media & Technology Group fell 1%.
- Baxter International has lowered its annual profit forecast due to hurricane impacts at its North Carolina facility
- Pinterest's Q3 earnings exceeded expectations with a revenue of $898.4M and an 11% increase in monthly active users to 537 million, but shares dropped after-hours due to a weaker-than-
- expected revenue forecast for Q4.
- Motorola Solutions reported strong Q3 earnings
- BlackRock is in talks to acquire a minority stake in hedge fund Millennium, according to the FT.
- Icahn is considering increasing its stake in oil refiner CVR Energy, according to the WSJ .
- Procter & Gamble and Unilever face risks from Trump's proposed tariffs on Mexico.
Top earnings reports today: Constellation Software, TELUS Corporation, Baxter International, NRG Energy, RB Global, CNH Industrial...
Europe and Asia:
- The London Stock Exchange is considering amending its rules to add foreign currency equities to UK indices.
- Leonardo confirms 2024 forecasts.
- Grifols on track to meet 2024 targets despite lower third-quarter profits.
- Nexi reports above expectations.
- Rightmove raises its forecast for average annual growth in advertising revenues.
- DKSH wins contract to distribute orthopedic products.
- International Consolidated Airlines to buy back three hundred fifty million euros worth of shares starting next week.
- Pirelli's third-quarter operating profit exceeds forecasts.
- Cicor acquires Swedish Nordic Engineering Partner.
- AMS-Osram slashes headcount.
- Nissan shares plummet after the announcement of nine thousand layoffs, a twenty percent reduction in production capacity and plans to sell part of its stake in Mitsubishi Motors.
- Sony's first-half operating profit jumps forty-two percent.
- KKR becomes Fuji Soft's main shareholder following a successful takeover bid.
- Kioxia is expected to file a registration statement for its December IPO in Tokyo, Reuters has learned.
Top earnings reports today:: Sony, State Bank of India, SoftBank Corp, MediaTek, Oversea-Chinese Banking Corporation, Tata Motors, SMIC, Quanta Computer, Olympus Corporation, Suzuki Motor, Compagnie Financière Richemont, Recordati, International Consolidated Airlines Group, InPost...