• Eli Lilly's stock dropped 12% after disappointing Q3 results and a cut in 2024 earnings guidance.
  • Brinker International's shares rose 6% after reporting strong fiscal Q1 results.
  • Caterpillar's stock declined following lower Q3 earnings and revenue.
  • Daqo New Energy's shares rose despite reporting a Q3 loss.
  • Bank of America's shares dropped 1.5% before returning to zero after announcing discussions with the Consumer Financial Protection Bureau regarding its electronic payments processing.
  • Philip Morris will close two production sites in Germany.
  • McDonald's sued by consumers over E.coli outbreak.
  • BlackRock is in talks to buy private equity firm HPS, according to Bloomberg.
  • Schneider Electric reiterates its 2024 targets following strong sales growth in Q3.
  • Saint-Gobain reports a 2% drop in quarterly sales and revises its ambitions downwards, but targets a record margin.
  • BASF expects to reach the lower end of its annual EBITDA guidance range.
  • UBS posts $1.4 billion in Q3 earnings.
  • Volkswagen reports a fall in third-quarter profits.
  • Sandoz increases net sales in the third quarter and raises its outlook.
  • Wolters Kluwer reports nine-month sales growth and confirms its outlook for the 2024 financial year.
  • ASM International Q3 sales beat expectations and guidance revised upwards.
  • Davide Campari sales decline by 1% in the third quarter.
  • Moncler sales fall by 3% in the third quarter.
  • Melexis forecasts lower sales in the fourth quarter as automotive customers reduce inventories.
  • Standard Chartered's third-quarter profit more than doubles and exceeds estimates.
  • Telenor revises its outlook upwards, as third-quarter results beat expectations.
  • Glencore announces a fall in metals production for the first nine months of the year and reiterates its forecasts.
  • Puig's third-quarter sales rise by 11%, beating estimates.
  • GSK cuts its 2024 vaccine sales forecast for the second time this year.
  • Siemens AG is said to be close to completing the acquisition of US software developer Altair Engineering.
  • Rolls-Royce sells 20% of its small nuclear reactor business to CEZ.
  • Raiffeisen lowers its return on equity forecast due to provisions on Polish mortgages.
  • Equinor buys EQT Corp.'s remaining stake in US gas assets for USD 1.25 billion.
  • Daimler Truck evaluates its activities in China and announces an impairment loss of $195 million.
  • OpenAI abandons foundry plans and partners with Broadcom and TSMC to build AI chips.
  • The chairman of BHP confirms that his company has moved away from a project on Anglo American.
  • Sony closes the studio behind the commercial failure ‘Concord’.
  • Toyota's global production falls for the eighth consecutive month in September.

Today's top earnings reports: Microsoft, Meta Platforms, Eli Lilly, AbbVie, Caterpillar, Amgen, Booking, Automatic Data Processing, Starbucks, KLA Corporation, Trane, Equinix, DoorDash, Humana, Kraft Heinz, Coinbase, Schneider Electric, Airbus SE, UBS Group, AXA, GSK, Glencore, Volkswagen, BASF, Wolters Kluwer, Capgemini SE, Aena, Standard Chartered, Naturgy Energy, Endesa, Sandoz, EDP Renováveis, Telenor, Amundi, BioMérieux, PetroChina, China Merchants Bank, Woolworths, MediaTek, Larsen & Toubro, CITIC Securities, Aker BP.