Preliminary IDC figures put HP shipments down 30.9% in Q3, worse than the industry’s 20.1% decline, reinforcing a cautious 2027 outlook.

16:02 PM — The Dow and S&P 500 closed higher, and the Nasdaq stretched its weekly winning streak to four. Oil prices fell after Trump eased sanctions on Russian diesel.

Meta’s Muse downloads fell 8.1% week-over-week and daily user additions slowed 62.4%, with under 3M DAUs, per TickerTrends data analyzed by Hunterbrook.

Crown Castle, American Tower and SBA rose after SpaceX agreed to buy 800 MHz spectrum for Starlink Mobile, a shift analysts say favors tower leases.

Fresh takeover talk sent Ambarella higher as Qualcomm and NXP were named as possible buyers. Talks are said to be advanced, but nothing is confirmed.

12:45 PM — CoBank asked a New York court to stop Cable One (CABO) from paying about $480 million for the rest of Mega Broadband, citing insolvency risk.

CoBank asked a New York court to stop Cable One from paying about $480 million for the rest of Mega Broadband, citing insolvency risk.

Facing pressure over weakened engagement and a depressed stock price, the streamer is prepping for a round of layoffs in the near future, per sources.

Acquisition Complements Microchip's Aerospace, Defense and Space Solution Portfolio with Radiation-Hardened Microcontrollers and Patented…...

Tesla’s Shanghai plant sold 95,366 vehicles in September, a 2026 high. Exports rose 58% and offset a 9% drop in domestic China deliveries.

Teva’s Weltruza is the first monthly subcutaneous olanzapine for schizophrenia, with no loading dose and no post-shot clinic monitoring.

Targets imply 88% to 314% upside, with cash into 2027-2030.

Delta cut its 2026 earnings outlook to $5.10–$5.60 a share as a $6 billion fuel bill rise outpaced fare gains.

Lumentum CEO says AI optical parts are sold out through early 2029, with large supply shortfalls expected through 2028.

Barclays opened aerospace and defense coverage, rating SpaceX and Rocket Lab Overweight and favoring defense tech over large primes.

Rising memory chip costs and $100 price hikes have led Apple to cut iPhone 18 Pro component orders, according to a Nikkei Asia report.

SpaceX agreed to buy Grain’s nationwide 800 MHz licenses and won FCC approval for 15,000 Gen2 satellites, aiming at AT&T, Verizon, and T-Mobile.

CMS released 2027 Medicare Advantage and Part D Star Ratings. Humana shares rose and Alignment fell as scores shape 2028 quality bonus payments.

The beverage giant is reviving a plan to unwind its $5 billion acquisition of the British coffee chain it purchased in 2018.

16:03 PM — Nasdaq closes sharply lower as tech stocks come under pressure, while the Dow ekes out a gain.

Cable One is said to be near a $1.25B first-lien term loan from existing and new lenders, with proceeds used to repay existing debt.

Amazon faces new layoffs affecting seller support, engineering, and customer service amid its cost overhaul and AI investments.

Microsoft and Oracle fell after an FT report said OpenAI’s annualised revenue is about $50bn, $20bn below earlier investor reports.

12:54 PM — NextNav’s (NN) expected 900 MHz item was delayed, while a 25 MHz auction plan creates a narrow risk for AST SpaceMobile (ASTS), Clear Street says.

An FDA multi-discipline review showed daraxonrasib’s 32% response was stronger in G12V than G12D. RVMD dropped; Stifel keeps Buy.

NextNav’s expected 900 MHz item was delayed, while a 25 MHz auction plan creates a narrow risk for AST SpaceMobile, Clear Street says.

TSMC reported record Q3 revenue of $46.7 billion, up 50%, but shares fell as investors sold the news amid higher rates and rich valuations.

Ellison and Kreiz outlined studios, CBS, CNN, streaming, film commitments, and cost cuts after closing the Warner acquisition.

Starbucks has explored a Chipotle takeover, the FT reports. A deal would rank as the largest restaurant acquisition on record; no agreement is imminent.

Citi downgraded NXPI and Nova to Neutral and OLED to Sell, cutting price targets on limited data-center exposure and smartphone weakness.

Record Q1 revenue of $257.1M rose 23% but missed consensus. Cannabis weakness and no guidance raise weighed on the stock.

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite job growth slowing sharply in September.

GlobalFoundries will make silicon interposers for TSMC’s CoWoS packaging in Malta, N.Y., under a multi-year $2B deal, with volume ramp in early 2028.

Pacira shareholders get $36.50 a share, about 45% above the prior close. The acquisition covers two patent-protected U.S. pain medicines.

CSL now expects to switch all current U.S. plasma centers to Haemonetics devices by the end of 2027. Guidance is unchanged.

Finland has emerged as a key location for data centers amid the AI boom.

PepsiCo cut its 2026 profit forecast after flat snack and falling drink volumes in North America, and said more cost cuts will fund growth.

The path is clearer; sales are not.

06:45 AM — Goldman Sachs upgraded Palantir (PLTR) to Buy with a $230 target, citing AI demand, sovereign AI, and upside into 2027.

Goldman forecasts another stretch of outperformance for Palantir through 2027.

argenx shares fell after it stopped a Phase 3 Sjögren’s trial for futility, even as FB102 met its Phase 2 goal in celiac disease.