Market News for November 2, 2026
Every story Market Flux published on November 2, 2026.
- Market Flux Event
South Korea October Inflation Edges Down to 2.8% but Stays Above Central Bank Target
South Korea's consumer price index rose 2.8% year-over-year in October, easing from 2.9% in September and landing in line with most forecasts, though one source pegged the consensus at…
- Market Flux Event
OpenAI Hires Former Army Secretary Dan Driscoll as Senior Adviser for National Security Modernization
OpenAI has recruited former U.S. Army Secretary Dan Driscoll as its senior counselor for national security modernization, a newly created role focused on expanding AI adoption across U.S…
- Market Flux Event
Four Major Companies Price Over $4.7 Billion in Senior Notes on a Single Day
Four significant debt offerings priced on November 2, 2026, totaling more than $4.7 billion in new senior notes across the energy, finance, aerospace, and rail sectors. Wabtec Corporation…
- Most Active
Sigma Lithium Issues $100M Convertible Bond and Reports 32% Gross Margin in Q3 2026 Preview
Sigma Lithium announced a US$100 million, five-year inaugural convertible bond offering issued in Hong Kong, with the bonds convertible at a 25% premium into the company's ASX-listed CHESS…
- Top Mover
Diamondback Energy Q3 Adjusted EPS of $5.86 Beats Estimates, Dividend Raised Over 7%
Diamondback Energy reported third-quarter 2026 adjusted earnings per share of $5.86, topping the consensus estimate of $5.73 by $0.13, while revenue of $5.43 billion beat expectations by…
- Top Mover
ExxonMobil Beats Q3 Estimates With $4.23 EPS, Announces $20 Billion Buyback and 4% Dividend Hike
ExxonMobil posted third-quarter non-GAAP earnings of $4.23 per share, beating analyst estimates by $0.19, driven by strong petroleum prices, elevated refinery margins, and production…
- Top Mover
Marvell Acquires Lumentum in $115 Billion All-Stock Deal, the Largest Semiconductor Takeover Ever Announced
Marvell Technology has agreed to acquire Lumentum Holdings in an all-stock transaction valued at approximately $115 billion in enterprise value, the largest semiconductor acquisition ever…
- Top Mover
Chevron Beats Q3 2026 Estimates with $67.79B Revenue and $5.28 Adjusted EPS, Stock Up 59% Year to Date
Chevron posted stronger-than-expected third-quarter 2026 results, reporting revenue of $67.79 billion, beating consensus estimates by more than $5 billion, and adjusted earnings per share…
- Top Mover
Estee Lauder Beats Q1 Estimates on Surging Fragrance Sales, Raises Full-Year Outlook
Estee Lauder Companies reported fiscal first-quarter results that beat Wall Street expectations on both the top and bottom lines, sending shares up roughly 2.8% in pre-market trading on…
- Top Mover
Williams Companies Beats Q3 Revenue and EBITDA Estimates but Misses on EPS and Full-Year Earnings Guidance
Williams Companies reported third-quarter 2026 results after the bell on November 2, posting revenue of $3.22 billion against analyst estimates of $2.89 billion, a 10% increase year over…
- Top Mover
Marvell Agrees to Buy Lumentum in $115 Billion All-Stock Deal to Dominate AI Connectivity
Marvell Technology has agreed to acquire optical components maker Lumentum Holdings in an all-stock transaction with an implied enterprise value of $115 billion, the largest semiconductor…
- Top Mover
Oracle Launches $20 Billion Stock and Bond Sale to Fund AI Buildout, Shares Tumble Up to 9%
Oracle dropped as much as 9% on Monday, with shares touching $119 intraday, after the company filed to raise $20 billion through equal parts common stock and senior unsecured bonds…
- Top Mover
Mastercard Hits Record Highs as Q3 Results and India Expansion Drive Momentum
Mastercard shares reached new record highs on November 2, part of a broader rally that also lifted Visa, as investor enthusiasm built on the back of the company's strong third-quarter 2026…
- Top Mover
Walmart Commits $6 Billion to Warehouse Automation With Symbotic as CEO Furner Sells $1.4 Million in Stock
Walmart is deepening its bet on robotics with a $6 billion commitment to expand distribution center automation through its partnership with Symbotic, accelerating the rollout ahead of the…
- Top Mover
Delta CEO Blasts Heathrow Plan to Split Airline From Virgin Atlantic Partner Terminal
Delta Air Lines CEO Ed Bastian on Monday called Heathrow Airport's decision to move Delta's operations from Terminal 3, which it currently shares with partner Virgin Atlantic, to Terminal 4…
- Top Mover
Booking Holdings Set to Report Q3 2026 Results After Tuesday Close With EPS Near $4.59 Expected
Booking Holdings is scheduled to release its third-quarter 2026 financial results after market close on Tuesday, November 3, with Wall Street penciling in earnings of approximately $4.48 to…
- Top Mover
Abbott Laboratories Reports Strong Cardiovascular Device Trial Data at TCT Conference
Abbott Laboratories presented positive clinical trial results for two investigational cardiovascular devices at the Transcatheter Cardiovascular Therapeutics conference in San Diego on…
- Top Mover
GE Aerospace Engine Blade Cracks on Boeing 787 Fleet Trigger Multiple Removals as Stock Slips With Industrials
A Chinese aviation specialist has reported that high-pressure turbine blades in GE Aerospace engines powering Boeing 787 Dreamliners can develop cracks within approximately 1,000 flight…
- Top Mover
Airbnb Heads Into Thursday Earnings With Paris Booking Slump and Host Backlash Over New Chore Rules
Airbnb is set to report its third-quarter 2026 results after the market closes on Thursday, November 5, with Wall Street projecting earnings of $2.89 per share, up 30.8% year over year, on…
- Top Mover
Marriott Hits All-Time High After Q3 Earnings Beat and Raised Full-Year Outlook
Marriott International reported stronger-than-expected third-quarter 2026 results on November 2, sending its shares to an all-time high of $423.53 and lifting the Dow Jones index more than…
- Top Mover
Sherwin-Williams Amends Credit Agreement Adding $75 Million in Borrowing Capacity as Stock Leads Dow Rally
Sherwin-Williams filed an 8-K on November 2 disclosing an amendment to its credit agreement that adds $75 million in new borrowing capacity, giving the company additional financial…
- Top Mover
IDEXX Laboratories Surges 20% After Q3 Earnings Beat and Raised Full-Year Guidance
IDEXX Laboratories posted third-quarter 2026 revenue of $1.214 billion, up 10% as reported and on an organic basis, beating the average analyst estimate by 2.21%. Earnings per diluted share…
- Market Flux Event
Rare Element Resources Names New COO and Produces First Rare Earth Oxide at Wyoming Demonstration Plant
Rare Element Resources Ltd. (OTCQB: REEMF) announced three significant developments on November 2, 2026: the appointment of Josef Bilant as Chief Operating Officer, the production of its…
- Top Story
Palantir Nearly Doubles Revenue in Q3 as US Commercial Sales Top Government for First Time
Palantir Technologies posted third-quarter revenue of $2.313 billion, up 96% year over year and above the $2.183 billion Wall Street expected, marking the company's first quarter above $2…
- Market Flux Event
Federal Judge Dismisses Trump Administration Lawsuit Demanding Harvard Admissions Race Data
US District Judge Myong Joun in Boston dismissed a Trump administration lawsuit on Monday seeking to compel Harvard University to turn over admissions records for hundreds of thousands of…
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- Market Flux Event
New Jersey Drops Staking Lawsuit Against Coinbase After More Than Three Years
New Jersey has rescinded its staking lawsuit against Coinbase, withdrawing a $5 million penalty and lifting staking restrictions that had been in place for more than three years. The…
- Market Flux Event
REITs Post Strong Q3 Earnings Season With 85% of Companies Raising Full-Year Guidance
The REIT sector is delivering a surprisingly strong third-quarter earnings season, with property fundamentals continuing to improve even as interest rates and capital markets present a…
- Market Flux Event
Freddie Mac Preferred Stock Price Targets Cut Sharply as MITT-C Draws High-Risk Warning
Analysts sharply reduced price targets on multiple Federal Home Loan Mortgage Corporation preferred share classes on November 2, with cuts ranging from 36% to over 40%. The average one-year…
- Market Flux Event
Meta Plans Bond Sale of at Least $20 Billion in Dollars and Euros
Meta Platforms is preparing a large cross-border investment-grade bond offering targeting at least $20 billion, structured across multiple tranches in both US dollars and euros. The deal…
- Unusual Volume
IDEXX Laboratories Surges Over 17% After Q3 Earnings Beat and Raised Full-Year Guidance
IDEXX Laboratories reported third-quarter 2026 revenue of $1.214 billion, up 10% as reported and on an organic basis, beating analyst estimates by approximately 2.2%. Earnings per diluted…
- Market Flux Event
Trump Rules Out Post-Midterm Iran Strike as Qatari Mediators Fly to Tehran and Oil Crashes 7%
President Trump said on Monday he will not order renewed strikes against Iran after Tuesday's midterm elections, declaring there is "no rush" to restart the war and that Iran "wants a…
- Unusual Volume
Marvell Agrees to Buy Lumentum for $115 Billion in All-Stock Deal, Shares Plunge 13%
Marvell Technology announced Monday it will acquire optical components maker Lumentum in an all-stock transaction carrying an implied enterprise value of $115 billion, one of the largest…
- Market Flux Event
Federal Judge Dismisses Criminal Case Against Two Ex-FBI Officials Over Hunter Biden Probe Lies
A federal judge has thrown out a criminal case against two former FBI officials, Nikki Floris and Bradley Benavides, who were charged with lying to Congress about their handling of…
- Market Flux Event
US Construction Spending Plunges 1.9% in September, Far Below Forecasts
US construction spending fell 1.9% in September, sharply missing economist expectations of a 0.4% gain and marking a significant reversal from the prior month. Total spending declined to an…
- Market Flux Event
Sigma Lithium Posts 32% Gross Margin in Q3 2026 Preview and Extends Over 90% of Debt Maturity via Convertible Bond
Sigma Lithium released a preview of selected preliminary, unaudited results for the third quarter ended September 30, 2026, reporting a gross margin of 32% and CIF costs of US$518 per…
- Unusual Volume
Marriott Hits All-Time High After Q3 Earnings Beat and Raised Full-Year Outlook
Marriott International reported third-quarter 2026 results that topped Wall Street expectations on both the top and bottom lines, sending shares to a record high of $423.53 on November 2…
- Top Story
US ISM Manufacturing PMI Beats at 55.5 While S&P Global Final Reading Disappoints at 54.9
US manufacturing data for October delivered a split verdict on Monday. The ISM Manufacturing PMI rose to 55.5, topping the consensus estimate of 54.5 and September's reading of 54.5…
- Market Flux Event
Anthropic Posts $17 Billion Q3 Revenue and $900 Billion Compute Bill in Amended IPO Filing
Anthropic filed an amended S-1 prospectus with the SEC on Monday, disclosing Q3 2026 revenue of $16.96 billion, up 1,127% year-over-year from $1.38 billion in the same quarter a year ago…
- Market Flux Event
Fox Corporation Posts Record Q1 Revenue of $4.57 Billion Driven by FIFA World Cup and Political Advertising Surge
Fox Corporation reported first-quarter fiscal 2027 results on November 2, with revenue of $4.57 billion and adjusted EBITDA of $1.64 billion, both first-quarter records for the company…
- Market Flux Event
FDA Grants uniQure Priority Review for First Huntington's Gene Therapy While Inovio Wins Accelerated Approval for Rare Airway Disease
The FDA accepted uniQure's Biologics License Application for ifezuntirgene inilparvovec, an investigational gene therapy for Huntington's disease, under the Accelerated Approval pathway and…
- Market Flux Event
Legacy Gold Doubles Non-Brokered Private Placement to C$6 Million
Legacy Gold Mines Ltd. (TSXV: LEGY) has increased the size of its non-brokered private placement, doubling the targeted gross proceeds to C$6 million from the C$3 million originally…
- Market Flux Event
TotalEnergies CEO Says Europe Faces Higher Gas Prices This Winter, Not Shortage
TotalEnergies CEO Patrick Pouyanne said Monday that Europe will not face a gas shortage this winter but will be forced to pay more to secure sufficient supply. The distinction is…
- Market Flux Event
Morgan Stanley Cuts Coinbase to Underweight and Slashes Price Target 53% to $120
Morgan Stanley downgraded Coinbase from Equal-weight to Underweight on November 2, cutting its price target to $120 from $258, a 53% reduction, as analyst Michael Cyprys said confidence in…
- Market Flux Event
Teva Drops Phase 2 Trial of Emrusolmin for Multiple System Atrophy After Futility Analysis
Teva Pharmaceutical Industries is discontinuing its Phase 2 TOPAS-MSA study of emrusolmin, also known as TEV-'286, a drug candidate targeting multiple system atrophy, a rare and fatal…
- Market Flux Event
Three Junior Gold Miners Report Strong Drill Results Across Alaska, Scotland and Manitoba
Three junior gold exploration companies released drill results on November 2, with Tectonic Metals posting the most significant intercept. The company's Flat Gold Project in Alaska returned…
- Market Flux Event
Karyopharm Therapeutics Files for Bankruptcy and Plans Merger with Ayrmid Ltd
Karyopharm Therapeutics (Nasdaq: KPTI) filed for bankruptcy on November 2, 2026 and announced a planned merger with Ayrmid Ltd, a move the company described as intended to strengthen…
- Market Flux Event
Oracle Raises $20 Billion in Stock and Bond Sales to Finance AI Buildout as Alphabet Prices €6 Billion Euro Offering
Oracle launched a combined $20 billion capital raise on Monday, filing for a $10 billion six-part senior unsecured bond offering alongside a separate $10 billion common stock offering to…
- Market Flux Event
Gold X2 and Bold Ventures Sign Deal for 42 Burchell Claim Units as Gold X2 Also Closes Coldstream Acquisition
Gold X2 Mining Inc. (NYSE American: AUXX, TSXV: AUXX, FSE: DF80) has entered into a definitive property purchase agreement with Bold Ventures Inc. to acquire 42 mineral claim units at the…
- Top Story
Strategy Buys 811 Bitcoin for $65.5M While Spending $208M on Preferred Share Buybacks as Binance Hack Roils Crypto Markets
Strategy acquired 811 Bitcoin between October 26 and November 1, paying $65.5 million at an average price of $80,846 per coin, bringing its total holdings to 849,327 BTC valued at roughly…
- Market Flux Event
Tempus AI and Tower Semiconductor Both Beat Q3 2026 Estimates as AI Healthcare and Chip Demand Surge
Tempus AI and Tower Semiconductor each reported stronger-than-expected third-quarter 2026 results on November 2, with both companies posting double-digit revenue growth and raising their…
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- Market Flux Event
Nasdaq 100 Enters Correction as Monday Rally Evaporates Ahead of Midterms and Apple Earnings
US equity markets reversed a promising open on Monday, November 2, with the S&P 500 closing 0.51% lower at 7,541.52 and the Nasdaq falling 1.12% to 25,152.43, erasing gains that had lifted…
- Market Flux Event
Suspected Cyberattack on Smart Refrigeration Systems Spreads Across Europe Hitting Supermarkets in Seven Countries
Supermarkets in at least seven European countries, including Sweden, Belgium, Luxembourg, Estonia, Ireland, the Netherlands, and Finland, suffered suspected cyberattacks on Monday that…
- Top Story
Marvell Agrees to Buy Lumentum for $115 Billion in All-Stock AI Connectivity Deal
Marvell Technology announced on November 2 it will acquire optical components maker Lumentum Holdings in an all-stock transaction with an implied enterprise value of $115 billion, making it…
- Market Flux Event
Loews Q3 2026 Profit Falls 39% as CNA Insurance Unit Takes $125M Reserve Charge
Loews Corporation reported third-quarter 2026 earnings with net income of $306 million, down 39% from the same period a year ago, as a large charge at its CNA Financial insurance subsidiary…
- Market Flux Event
CopperCorp Wraps Jukes Drilling at Skyline with Copper-Gold Hit, Wins A$100,000 Tasmanian Grant
CopperCorp Resources (TSXV: CPER, OTCQB: CPCPF) has released final core assay results from diamond drill hole JDD008 at the Jukes prospect on its Skyline property in western Tasmania…
- Market Flux Event
Estee Lauder Tops Q1 Estimates and Raises Full-Year Outlook as Fragrance Surges and Margins Recover
Estee Lauder posted stronger-than-expected fiscal first quarter results for the period ended September 30, 2026, reporting net sales of $3.72 billion against analyst estimates of roughly…
- Market Flux Event
Blackstone Leads $3.1 Billion Acquisition of LNG Canada Stake as TotalEnergies Expands in Malaysia
A Blackstone-led investor group agreed on November 2 to acquire a 49.9% interest in a Mitsubishi Corporation subsidiary that holds Mitsubishi's stake in the LNG Canada liquefaction business…
- Market Flux Event
Inspiration Mining to Acquire Quebec Phosphate Property from Beauce Gold Fields in $450,000 Financed Deal
Inspiration Mining Corp. (CSE: ISP) has entered into an arm's-length agreement to acquire a 100% interest in the CH-98 phosphate property in Québec's Lac-Saint-Jean region from Beauce Gold…
- Market Flux Event
China Shifts to Daily Overnight Rate Injections as US Treasury Posts Record $839 Billion Auction Week
China's central bank, the People's Bank of China, launched a sweeping overhaul of its monetary policy framework on November 2, establishing its overnight reverse repurchase rate as the new…
- Market Flux Event
BP Receives $6 Billion From Sale of 65% Castrol Stake to Stonepeak Partners
BP has completed the sale of a 65% stake in its Castrol lubricants business to infrastructure investment firm Stonepeak Partners, generating $6 billion in proceeds that the oil major will…
- Top Story
Oil Tumbles 7% as Iran Grants Government Authority for US Peace Talks and Draft Hormuz Deal Circulates
Oil prices plunged as much as 7% on November 2 as a cascade of diplomatic signals raised hopes that the US-Iran war and the Strait of Hormuz disruption could be nearing a resolution. Brent…
- Market Flux Event
Abu Dhabi Signs Four OpenAI Agreements Covering Government, Energy and Sovereign Investment at ADIPEC 2026
Abu Dhabi announced four agreements with OpenAI at the ADIPEC 2026 conference, covering artificial intelligence deployment across government services, the energy sector and sovereign…
- Market Flux Event
BoE Set for First Rate Hike Since 2023 as BOJ Signals December Move and ECB Warns of More Tightening
The Bank of England is widely expected to raise its benchmark rate by 25 basis points to 4.00% on Thursday, its first increase since 2023 and a move that markets have priced in at 94.4%…
- Market Flux Event
US Pushes Plan to Resume Russian Gas Flows to Europe Through Ukraine Pipelines
The United States is actively promoting a plan to restore Russian natural gas sales to Europe through pipeline infrastructure running across Ukraine, the Wall Street Journal reported on…
- Market Flux Event
Final NYT/Siena Polls Show Democrats Leading in All 7 Key Senate Battlegrounds One Day Before 2026 Midterms
New York Times/Siena polls released two days before the November 3 midterms show Democrats leading or tied in all seven battleground Senate races that will determine control of the chamber…
- Market Flux Event
Tucker Carlson Claims Trump Days Away From Nuclear Strike on Iran as Doha Diplomacy Continues
Tucker Carlson published a detailed account claiming the Trump administration may be within days of launching a nuclear strike on Iran's Pickax Mountain facility in central Iran, citing…
- Market Flux Event
Australia September Building Approvals Rise 5.1%, But Private House Approvals Fall 5.3%
Australia's total building approvals rose 5.1% month-on-month in September on a seasonally adjusted basis, more than double the 2.0% consensus forecast and a sharp reversal from the prior…
- Market Flux Event
Asia-Pacific Manufacturing PMIs Cool in October as South Korea Hits 8-Month Low
October manufacturing PMI data released across Asia on November 2 showed a broad softening in factory activity, with South Korea registering the sharpest decline. South Korea's S&P Global…
- Market Flux Event
Cyberattack on Russia's Emergencies Ministry App Sends Fake Nuclear Strike Warning to Users
Russia's Emergencies Ministry confirmed on November 2 that its mobile application suffered a major cyberattack, which allowed hackers to push false information to users. The breach resulted…
- Market Flux Event
Japan Finance Minister Katayama Reaffirms US-Japan FX Pact and Readiness to Curb Disorderly Yen Moves
Japanese Finance Minister Satsuki Katayama confirmed on November 2 that a standing joint currency agreement between Japan and the United States remains in force, and that authorities on…