Independent analysis on the stocks, sectors, and macro forces shaping your portfolio — from M&A shake-ups to AI infrastructure, from Fintech to the stars.
Post-Election Wrap Investing Guide ↗Stocks react to the election results, a busy earnings morning and shifting oil and gold. Percentages are approximate and pre-market where noted.
Trades roughly flat pre-market after posting record Q3 results and lifting its 2027 growth outlook on sustained data-center demand, while booking a more than $1B non-cash charge tied to OpenAI and Meta warrants.
Climbs about 60% after raising its 2026 outlook.
Gains over 20% on 29% growth in daily active users.
Rises about 16% after Q3 adjusted EPS of $0.56 beat forecasts, and it reaffirmed its 2026 sales and earnings targets.
Gains about 8% after Mizuho raised its price target and reiterated an Outperform rating.
Climbs roughly 7% on expectations of a more supportive policy backdrop for renewables following the Democratic election outcome.
CoreWeave (CRWV) and Applied Digital (APLD) fall about 3–7% amid concerns about increased oversight.
Drops about 11% as positions tied to Republican fortunes are unwound after the election. Tesla (TSLA) shares also trade lower on the results.
| Ticker | Company | Takeaway |
|---|---|---|
| MCD | McDonald’s | Revenue misses on weaker U.S. traffic |
| CVS | CVS Health | Raises its outlook and announces a planned business split |
| RIOT | Riot Platforms | Signs a major AI lab land lease |
| UBER | Uber | Reported, with share reactions mixed across the group |
Several names beat estimates, but share reactions were mixed.
Opinion and general information only, not financial advice.
US stocks trade mixed on Election Day as small caps lead and oil holds steady amid midterm uncertainty, following factory orders and JOLTs data. Percentages are approximate and intraday.
Small caps outperform large caps.
Drops after reporting fiscal Q4 revenue of $114.5B, above estimates. Under new CEO John Ternus, it guides December-quarter gross margins to 45–46% on higher memory costs and Siri AI ramp expenses.
Declines despite a Q3 beat and raised guidance, as contract metrics weakened with slower total contract value growth. Q4 revenue is projected near $2.65B.
Falls after filing an automatic shelf registration with the SEC, enabling future offerings of multiple securities, while GMV and subscription revenue missed estimates.
Surges on an earnings beat as chip and AI-related names rebound.
Rises on an earnings beat, helping lift chip and AI-related names.
Climbs as Samsung allocates high-bandwidth memory orders to AMD and Aehr Test Systems (AEHR)’s CEO comments on accelerating AI chip demand.
Opinion and general information only, not financial advice.
Takeover bids, earnings and analyst calls driving the biggest moves. Percentages are approximate.
Marvell falls about 6% after agreeing to acquire Lumentum Holdings in a $115 billion all-stock deal, seen as a major bet on AI data-center infrastructure.
Shares surge after LS Power proposes buying the remaining shares for $2 each.
Jumps after agreeing to an all-cash acquisition by Affle at $11.70 per share.
Climbs on 10% revenue growth to $1.21 billion and a raised 2026 outlook.
Gains about 7% after UBS (UBS) upgrades the stock to buy.
Slips roughly 1% even after lifting full-year sales and profit guidance following a 7% quarterly revenue beat.
Drops about 4% after a quarterly revenue miss and weaker-than-expected Q4 revenue guidance.
| Ticker | Company | Move | Catalyst |
|---|---|---|---|
| EVGO | EVgo | ▲ 44% | LS Power $2/share proposal |
| PERI | Perion Network | ▲ ~31% | Affle all-cash deal, $11.70/share |
| IDXX | IDEXX Laboratories | ▲ ~17% | Revenue +10% to $1.21B, raised 2026 outlook |
| RIVN | Rivian | ▲ ~7% | UBS upgrade to buy |
| EL | Estée Lauder | ▼ ~1% | Raised guidance, 7% revenue beat |
| CHKP | Check Point Software | ▼ ~4% | Revenue miss, weak Q4 guidance |
| MRVL | Marvell Technology | ▼ ~6% | $115B all-stock deal for Lumentum (LITE) |
Opinion and general information only — not financial advice. Do your own research before investing.
Our take on the names in focus today. Opinion only, built on reported figures and trader commentary.
Trader sentiment: cautious, with the safe-haven role itself under debate.
Updated · November 4, 2026 Semiconductors · AMDAMD posted record Q3 results and lifted its 2027 growth outlook on sustained data-center demand. It also booked a more than $1B non-cash charge tied to OpenAI and Meta warrants. The stock is roughly flat pre-market.
Our take: a non-cash charge is an accounting hit, not a cash one. The raised 2027 outlook is the part to focus on.
Updated · November 4, 2026 Renewables · FSLR / RUNFirst Solar is up about 8% after Mizuho raised its price target and reiterated Outperform. Sunrun is up roughly 7% on expectations of a more supportive policy backdrop for renewables following the Democratic election outcome.
Our take: part of the move is analyst-driven and part is policy expectations, and expectations can fade if the policy doesn’t arrive.
Updated · November 4, 2026 AI Infrastructure · CRWV / APLDAI infrastructure and data-center names, including CoreWeave and Applied Digital, are down about 3–7% amid concerns about increased oversight.
Our take: a regulatory-risk discount is a new variable for a group that has traded mainly on demand.
Updated · November 4, 2026 Politics & Markets · DJT / TSLATrump Media & Technology Group is down about 11% as positions tied to Republican fortunes are unwound after the election. Tesla shares are also lower on the results.
Our take: election-linked trades tend to unwind quickly once the result is known.
Updated · November 4, 2026 Earnings Roundup · MCD / CVS / RIOTMcDonald’s revenue missed on weaker U.S. traffic. CVS Health raised its outlook and announced a planned business split. Riot Platforms signed a major AI lab land lease. Uber also reported, and several names beat estimates, but reactions were mixed.
Our take: the CVS split and the Riot lease are strategic moves that matter more than one quarter’s numbers.
Updated · November 4, 2026 Life Sciences · BRKRBruker rose about 16% after Q3 adjusted EPS of $0.56 beat forecasts and it reaffirmed its 2026 sales and earnings targets.
Our take: after a rough stretch for the sector, a clean beat with unchanged targets was enough to reset sentiment.
Updated · November 4, 2026 Growth Stocks · ALIT / DUOLAlight climbed about 60% after raising its 2026 outlook. Duolingo gained over 20% on 29% growth in daily active users.
Our take: both moves show how sharply the market rewards an upgraded outlook or accelerating user growth.
Updated · November 4, 2026 📖 GuideAccounts, strategy and the mindset of long-term wealth creation, even with a small amount of money.
⏱ 3-Minute ReadOpinion and general information only, not financial advice. Figures are from company reports and press coverage and can change.
The forces moving rates, oil, the dollar and risk appetite right now. Market levels are as of the November 3 close or the latest report cited.
The Fed voted 10–2 on October 28 to keep its target range at 3.75–4.00%, after raising it by 0.25 points in September. Markets are pricing a possible hike at the next meeting on December 8–9, and Citi now expects one.
September CPI rose 0.6% on the month and 3.7% on the year, up from 3.4% in August. Energy prices were up about 20% year on year, while core CPI was 2.6%, so the gap between headline and core is the Fed’s dilemma.
Oil has been tied to the Gulf war since it began in late February, with crude near or above $100 for much of the year. Brent fell about 8% on November 2 after Iran’s leadership authorised further talks, and reports of a US-approved draft deal whipsawed WTI on November 3.
The 10-year yield topped 5.2% in early October, and the IMF noted it was up almost 110 basis points since the war began. It ended October at 4.94% and has hovered near 4.9–5.0% around the election. Mortgage rates above 7% were reported in late September.
A stronger-than-expected JOLTS job-openings report on November 3 pushed yields higher and nudged traders toward pricing more Fed tightening. The labour picture has been uneven this year, with payrolls even falling in July before a solid September report.
Investors are weighing what the midterm results mean for fiscal policy, the dollar and yields. Treasury expects to borrow $618B in Q4, and the Bipartisan Policy Center expects the debt limit to be reached between late winter and mid-summer 2027.
Sources: Federal Reserve and BLS releases, Reuters, CNBC, Saxo, Babypips, Morgan Stanley and IMF commentary as reported. Figures change quickly, so check before relying on them. Opinion and general information only, not financial advice.
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