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TRADING DAY-Economic reality damps AI, deals optimism
By Jamie McGeever ORLANDO, Florida, Nov 3 (Reuters) - Wall Street was mixed on Monday, with bumper corporate dealmaking activity and another mega AI-related tie-up offset by murky signals around the path for U.S. growth and interest rates, while the dollar crept up to a fresh three-month high. I...Reuters
Mon, Nov 3
Coterra Energy misses quarterly profit, raises 2025 production forecast
Nov 3 (Reuters) - Oil and gas firm Coterra Energy CTRA.N missed Wall Street estimates for third-quarter profit on Monday, as lower oil prices offset a jump in production, but raised its annual production forecast.Shares of the company were down 3% at $23.66 in after-market trading.U.S. President Don...Reuters
Mon, Nov 3
Sarepta shares dive as gene therapy misses late-stage main goal
Shares in Sarepta Therapeutics SRPT.O slump nearly 21% to $5.1 in extended tradingA late-stage study testing two gene-targeted therapies for Duchenne muscular dystrophy did not meet main goal Trial ran for nine years and was affected by the COVID-19 pandemic, which SRPT said impacted resultsUp to la...Reuters
Mon, Nov 3
Clorox rises after quarterly results beat estimates
Shares of bleach maker Clorox CLX.N up about 3% at $112.65Co beats first quarter sales and profit estimates driven by resilient demand for its cleaning productsCLX posts earnings per share of 85 cents, beating estimates of 79 cents a piece- data compiled by LSEGCo posts 19% decline in Q3 revenue at ...Reuters
Mon, Nov 3
Hims and Hers up after beating quarterly revenue estimates
Shares of telehealth firm Hims and Hers Health HIMS.N rise 5.5% to $46.85 after the bellReports Q3 revenue of $600 million, exceeding analysts' estimates of $580.2 million, according to LSEG dataHIMS' subscriber base increases to 2.47 million in Q3, up 21% from a year agoStock has risen over...Reuters
Mon, Nov 3
Kimberly-Clark’s $50 billion leap into health and beauty tests investor faith
Kimberly-Clark's shares drop 14.6% amid investor skepticismExecs see billions in cost savings, opportunities for growth in new linesAnalysts question strategic fit and cost savings By Jessica DiNapoli and Abigail Summerville NEW YORK, Nov 3 (Reuters) - Kimberly-Clark's KMB.O nearly $50 bi...Reuters
Mon, Nov 3
Clorox beats sales, profit estimates on steady demand for cleaning products
Nov 3 (Reuters) - Clorox CLX.N beat market expectations for first-quarter sales and profit on Monday, helped by strong demand for its cleaning products.Shares in the firm were up over 3% after the bell. The Pine-Sol parent posted an adjusted profit of 85 cents per share, compared with estimates of 7...Reuters
Mon, Nov 3
LIVE MARKETS-Stocks end mixed as AI names keep Nasdaq, S&P afloat
US equity indexes mixed, Nasdaq up 0.5%, Dow dipsCons disc leads S&P 500 sector gains, materials weakestDollar, gold, crude inch up; bitcoin down >3%US 10-Year Treasury yield edges up to 4.10%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sh...Reuters
Mon, Nov 3
IAC down after missing quarterly revenue estimates
Shares of media and internet company IAC IAC.O fall 13.7% to $28.10 after the bellIAC reports Q3 revenue $589.8 million, down 8%, below estimates of $601.6 million, according to data compiled by LSEGCompany's search unit reports a 41% decline in third-quarter revenueIAC now sees annual adj. EBIT...Reuters
Mon, Nov 3
Palantir gains on upbeat sales forecast
Shares of Palantir Technologies PLTR.O up 3.8% at $214.97 in extended tradingPLTR expects Q4 sales between $1.327 bln and $1.331 bln, compared with analysts' estimate of $1.19 bln - data compiled by LSEGCompany lifts 2025 sales forecast to a range of $4.396 bln to $4.40 bln, from its earlier exp...Reuters
Mon, Nov 3
US STOCKS-S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky
Kimberly-Clark to acquire Kenvue for more than $40 billionUS manufacturing activity contracts in OctoberFed officials offer conflicting viewpoints regarding a December rate cutBy Stephen Culp NEW YORK, Nov 3 - The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-re...Reuters
Mon, Nov 3
EMERGING MARKETS-LatAm assets start November strong; Brazil, Mexico rate calls loom
Brazil and Mexico rate decisions due this weekArgentina's agro export revenue plunges in OctoberChile's economic activity up 3.2% in SeptemberBy Nikhil Sharma and Sukriti Gupta Nov 3 (Reuters) - Latin American assets opened November on a strong footing on Monday, kicking off a pivotal wee...Reuters
Mon, Nov 3
GLOBAL MARKETS-Stock indexes climb after Amazon-OpenAI deal; dollar up slightly
Dow lower; S&P 500 and Nasdaq upDollar up slightly; some Fed officials express discomfort with rate cutsEarnings focus on tech firmsBy Caroline Valetkevitch NEW YORK, Nov 3 (Reuters) - Most major stock indexes were higher on Monday following news Amazon.com AMZN.O will supply cloud-computing ...Reuters
Mon, Nov 3
Sable Offshore sinks after Exxon Mobil loan extension, equity raise plans
Sable Offshore's SOC.N shares sink as much as 28.6% to record low $7.47 on Mon after co announced it would extend a loan with Exxon Mobil XOM.N and plans to raise $225 mln of equity Houston, Texas-based oil driller said early Mon it's extending the maturity of a term loan with XOM to the ear...Reuters
Mon, Nov 3
US STOCKS-S&P 500, Nasdaq boosted by Amazon-OpenAI deal; Fed path forward grows murky
Indexes: Dow down 0.42%, S&P 500 up 0.24%, Nasdaq up 0.57%Kimberly-Clark to acquire Kenvue for more than $40 billionUS manufacturing activity contracts in OctoberFed officials offer conflicting viewpoints regarding a December rate cutBy Stephen Culp Nov 3 - The S&P 500 and the Nasdaq adva...Reuters
Mon, Nov 3
U.S. STOCKS ON THE MOVE-Eli Lilly, Palantir, Tesla
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and Nasdaq were poised to kick off November on firmer ground on Monday, driven by optimism around AI demand and a U.S.-China trade truce, while Kenvue shares soared after Kim...Reuters
Mon, Nov 3
LIVE MARKETS-Supreme Court tariff case may bring market volatility
US equity indexes mixed, Nasdaq up 0.7%, Dow dipsCons disc leads S&P 500 sector gains, materials weakestSTOXX 600 up 0.1%Dollar dips: gold, crude gain; bitcoin down >2%US 10-Year Treasury yield climbs to 4.11%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Mon, Nov 3
Kimberly-Clark bets $40 billion for Kenvue despite Tylenol controversy
Kenvue faces litigation over Tylenol and baby powder productsKimberly-Clark shares down 13%, Kenvue up as much as 19.6%Deal at 46.2% premium to Kenvue's last close priceBy Juveria Tabassum and Sriparna Roy Nov 3 (Reuters) - Kimberly-Clark is laying down $40 billion to buy Kenvue in a massive...Reuters
Mon, Nov 3
BioCryst Pharmaceuticals down after quarterly revenue miss
Shares of drugmaker BioCryst Pharmaceuticals BCRX.O down ~ 4% at $7.03 Posts Q3 revenue of $159.4 million, missing analysts' estimate of $163 million- data compiled by LSEG BCRX narrows 2025 revenue forecast for its skin disease drug orladeyo to between $590 million and $600 million from $580 m...Reuters
Mon, Nov 3
DT Midstream gets 'buy' rating as Jefferies starts coverage
Brokerage Jefferies starts coverage of pipeline operator DT Midstream DTM.N with "buy" rating and price target of $125PT represents upside of 14.1% to stock's last closeShares are up 1.2% at $110.7Brokerage says it expects co to grow at ~9% CAGR through 2030, driven by expansion in the M...Reuters
Mon, Nov 3
