Traders enactment astatine the New York Stock Exchange connected Nov. 3 2025.
NYSE
Stock futures are somewhat little Monday nighttime aft the S&P 500 and Nasdaq Composite closed higher connected the backmost of continued enthusiasm astir the artificial quality trade.
Futures tied to the Dow Jones Industrial Average fell 73 points, oregon 0.2%. S&P futures slipped 0.2%, portion Nasdaq 100 futures ticked down 0.2%.
Palantir shares were precise volatile successful extended trading adjacent arsenic the bundle institution beat Wall Street's estimates for the 3rd quarter and gave beardown guidance, fueled by maturation successful its artificial quality business. While shares were initially up arsenic overmuch arsenic 4% successful the extended trading, the banal was present down astir 4%.
Stocks tied to the biggest AI players drove Monday's gains, with Amazon inking a woody with OpenAI that took the e-commerce elephantine to a grounds closing high. The tech-heavy Nasdaq ended the time higher by astir 0.5%, portion the S&P 500 rose astir 0.2%. However, the Dow Jones Industrial Average lost astir 226 points, oregon 0.5%.
More than 300 stocks successful the broad-market scale closed successful the reddish connected Monday, adding to concerns astir anemic breadth and precocious levels of tech attraction — peculiarly aft the fig of S&P 500 stocks that gained past period was smaller than the magnitude that declined.
Strong third-quarter results and higher AI spending plans from hyperscalers proceed to prop up the bull market. To beryllium sure, the show of stocks successful the "Magnificent Seven" has go much divided. So far, implicit 300 S&P 500 companies person posted quarterly results truthful acold with much than 80% of those beating expectations, according to FactSet.
"I don't bargain this broader statement that this is immoderate underloved, hated rally," Tony Pasquariello, Goldman Sachs planetary caput of hedge money coverage, said Monday connected CNBC's "Closing Bell." He advocated for investors to "stick with the freight bid that is megacap tech" arsenic helium believes catalysts specified arsenic upcoming Federal Reserve involvement complaint cuts and beardown capex spending should proceed supporting gains.
"I don't deliberation risk-reward is arsenic bully arsenic it was 3 oregon six months ago," Pasquariello added.
Starbucks announces associated task with Boyu Capital to tally China business
Starbucks on Monday said it is forming a associated venture with Boyu Capital to run the company's locations successful China, starring shares of the java concatenation higher by 0.4% successful after-hours trading.
Under the presumption of the deal, Boyu, an alternate plus absorption firm, volition wage Starbucks astir $4 cardinal to clasp up to a 60% involvement successful the associated venture. Starbucks volition clasp a 40% involvement and support its quality to licence the marque and intelligence spot to the associated venture.
The announcement comes aft Starbucks successful caller years has seen its income successful China plummet, archetypal owed to the pandemic and aboriginal caused by accrued competition.
— Pia Singh, Amelia Lucas
U.S. banal futures unfastened small changed
Palantir, Clorox among stocks moving successful extended trading Monday
Check retired the companies making headlines successful after-hours trading.
- Palantir Technologies — Shares of Palantir rose 1% successful extended trading aft the bundle company reported quarterly results that bushed Wall Street's estimates, with authorities income increasing 52% from a twelvemonth ago. Palantir earned 21 cents per share, aft adjustments, connected gross of $1.18 cardinal for the period, portion analysts polled by LSEG expected it to gain 17 cents per stock connected $1.09 cardinal successful revenue. Palantir besides gave better-than-expected fourth-quarter guidance arsenic its commercialized business, driven by its AI platform, continues to ramp up.
- Vertex Pharmaceuticals — The biotech banal mislaid 4% aft it reported mixed third-quarter results. Vertex earned $4.80 per share, excluding items, connected gross of $3.08 billion. Although the company's nett came retired little than the $4.58 per stock estimation from analysts surveyed by FactSet, gross bushed the $3.06 cardinal forecast.
- Clorox — Shares of the cleaning products shaper roseate much than 4% pursuing the company's first-quarter results. Clorox posted adjusted net of 85 cents per stock connected gross of $1.43 billion, portion analysts surveyed by LSEG had estimated 79 cents per stock and gross of $1.40 billion. The institution besides reaffirmed its full-year guidance.
For the afloat list, work here.
— Pia Singh
English (US) ·