Nikkei Falls as SoftBank and AI Stocks Slide on US Election Fears
Japan’s Nikkei closes down 1.42% after a deeper intraday plunge, as SoftBank and chip stocks fall on fears that US election results could curb AI spending.
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Novo Nordisk Raises 2026 Outlook as Obesity Sales Jump 22%
Novo Nordisk lifts its 2026 outlook after Q3 sales reach DKK79.20 billion and obesity revenue rises 22% at constant exchange rates, despite impairments.
AMD Beats Q3 Estimates as Data Center Revenue Nearly Doubles
AMD reported record Q3 revenue of $13.38 billion and adjusted EPS of $2.09, then forecast about $17 billion in Q4 sales as data center demand grew.
Block Beats Q3 Estimates as Cash App Gross Profit Rises 27%
Block topped Q3 estimates with $6.72 billion in revenue and $1.13 in adjusted EPS, then lifted its 2026 outlook as Cash App and Square gross profit...
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Supermicro Raises Sales Outlook to $72–82 Billion After Record Q1
Supermicro posted record fiscal Q1 sales of $19.9 billion and adjusted EPS of $1.81, then lifted its fiscal 2027 revenue outlook to $72 billion to $82...
Booking Holdings Revenue Falls on FTC Item as Bookings Rise
Booking Holdings reported $8.89 billion in Q3 revenue after a $900 million FTC-related reduction. Gross bookings rose to $54.5 billion and adjusted EPS hit $4.66.
Amgen Beats Q3 Estimates and Raises Full-Year Guidance
Amgen reported $10.37 billion in quarterly sales and $6.45 in adjusted EPS, then raised its 2026 revenue and profit forecasts as Repatha sales grew.
Versant Beats Earnings Estimates, Raises Cash Flow Outlook
Versant tops third-quarter estimates, raises its 2026 free cash flow outlook and plans another $100 million buyback as cable revenue falls.
Apple and Palantir Stocks Fall Despite Earnings Beats
Apple and Palantir fell after beating earnings estimates, as Apple warned of holiday margin pressure and Palantir’s contract growth trailed revenue.
Venture Funding Nears $680 Billion as Early-Stage Deal Counts Fall
Global venture funding approached $680 billion through September, while North American deal counts fell 16% year over year as capital flowed into giant rounds.
Disney Stock in Focus as Thousands of Layoffs Loom
Disney reportedly plans thousands of layoffs, with some managers targeting 20% in annual savings, putting DIS margins and cash flow in focus before earnings.
Palantir Raises 2026 Outlook After Q3 Revenue Jumps 96%
Palantir posts $2.313 billion in Q3 revenue and $0.44 EPS, then lifts its 2026 sales outlook to $8.53 billion as U.S. commercial demand grows.
Intel Stock Sinks Nearly 10%, Halving in a Month
Intel shares fall more than 9%, extending a roughly 50% one-month decline as weak Q4 guidance, PC demand and manufacturing losses weigh on its recovery.