Notables |
| Notable Earnings Today: Super Micro Computer (Nasdaq: SMCI), Yum! Brands (NYSE: YUM), Devon Energy (NYSE: DVN), Archer-Daniels-Midland (NYSE: ADM), Lumen Technologies (NYSE: LUMN), Melco Resorts & Entertainment (Nasdaq: MLCO), B&G Foods (NYSE: BGS), Pan Am Silver (NYSE: PAAS), Coupang (NYSE: CPNG), Payoneer Global (Nasdaq: PAYO), Apellis Pharmaceuticals (Nasdaq: APLS), Kinross Gold (NYSE: KGC), iRobot (Nasdaq: IRBT), Marathon Petroleum (NYSE: MPC), Microchip (Nasdaq: MCHP), Louisiana-Pacific (NYSE: LPX), BigBear.ai (NYSE: BBAI), GlobalFoundries (Nasdaq: GFS), Exact Sciences (Nasdaq: EXAS), Builders FirstSource (NYSE: BLDR), DuPont (NYSE: DD), AdaptHealth (Nasdaq: AHCO), Apollo Global Management (NYSE: APO), Arch Resources (NYSE: ARCH), Broadridge Financial (NYSE: BR), Bruker (Nasdaq: BRKR), CONSOL Energy (NYSE: CEIX), Cummins (NYSE: CMI), Emerson (NYSE: EMR), Endeavour Silver (NYSE: EXK), Gogo (Nasdaq: GOGO), Globus Medical (NYSE: GMED), Grocery Outlet (Nasdaq: GO), Henry Schein (Nasdaq: HSIC), Ingredion (NYSE: INGR), LGI Homes (Nasdaq: LGIH), Mercury (Nasdaq: MRCY), MPLX LP (NYSE: MPLX), NeoGenomics (Nasdaq: NEO), Newmark Group (Nasdaq: NMRK), OGE Energy (NYSE: OGE), OUTFRONT Media (NYSE: OUT), Portillo’s (Nasdaq: PTLO), Premier (Nasdaq: PINC), Qualys (Nasdaq: QLYS), Restaurant Brands International (NYSE: QSR), Revolve Group (NYSE: RVLV), Rhythm Pharmaceuticals (Nasdaq: RYTM), SNDL (Nasdaq: SNDL), Stevanato Group (NYSE: STVN), Syndax Pharmaceuticals (Nasdaq: SNDX), Timken (NYSE: TKR), Treace Medical Concepts (Nasdaq: TMCI), TopBuild (NYSE: BLD), UL Solutions (NYSE: ULS), Ultragenyx Pharmaceutical (Nasdaq: RARE), VTEX (NYSE: VTEX), Westlake (NYSE: WLK), Xometry (Nasdaq: XMTR). |
| Notable IPOs Today: Melior AI (Republic), YouSolar (StartEngine), Visible Genomics (StartEngine). |
| Notable Equity Crowdfunding Campaigns Ending Today: Melior AI (Republic), YouSolar (StartEngine), Visible Genomics (StartEngine). |
| Notable Economic Events Today: Imports / Exports / Trade Balance (8:30 a.m. ET), S&P Global Services PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), ISM Non-Manufacturing PMI / Prices / Employment (10:00 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET). |
Trends to Watch |
| Bad Outlook: Chipmaker NXP forecasts quarterly revenue below estimates on macroeconomic concerns (Reuters) |
| No Campaign Trail Here: Meta extends ban on new political ads past Election Day (CNBC) |
| Correction: 3 reasons why Bitcoin price bottom could have been $67.3K (Cointelegraph) |
| Super Bad: Super Micro Could Get Delisted From the Nasdaq Stock Exchange, Analyst Says (Barron’s) |
| Reality Sets in: Viking Therapeutics Tumbles As Obesity Competition Sabotages Its Novo Nordisk Beat (Investor’s Business Daily) |
|
What else is happening…
WSB survey results: Here is the top economic issue for U.S. voters.
Boeing (BA) rises as strike ends after workers accept latest contract. Popular AI tools lead Palantir (PLTR) to crush estimates. Nvidia (NVDA) moves Super Micro (SMCI) orders to other suppliers. OpenAI in early talks with regulators to become for-profit business. Apple (AAPL) eyes smart glasses market, begins internal study. Hims & Hers (HIMS) up 7% on raised guidance, earnings beat. Dollar Tree (DLTR) CEO Rick Dreiling resigns over health issues. FERC rejects Talen (TLN)-Amazon (AMZN) nuclear power deal. Canada sets rules for oil and gas producers to cut carbon emissions. |
|
Today’s Markets
In Asia, Japan +1.1%. Hong Kong +2.1%. China +2.3%. India +0.9%.
In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.1%. Futures at 6:30, Dow +0.2%. S&P +0.2%. Nasdaq +0.4%. Crude +0.5% to $71.84. Gold +0.1% to $2,748.60. Bitcoin +0.1% to $68,877. Ten-year Treasury Yield +2 bps to 4.32%. Today’s Economic Calendar
8:30 AM International Trade in Goods and Services
10:00 AM ISM Service Index 1:00 PM Results of $42B, 10-Year Note Auction |
