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Coca-Cola raised its full-year earnings outlook for a third consecutive quarter, now expecting comparable earnings per share growth of at least 11%, despite weak demand in North America.
Stellantis shares rose 13% following stronger-than-expected third-quarter results and confirmation of its turnaround plan progress, with management reaffirming 2026 guidance and targeting positive free cash flow next year.
Anthropic unveiled its IPO prospectus amid market turbulence as its major partners Microsoft, Google, and Amazon reported quarterly results that raised concerns about AI infrastructure spending and free cash flow.
Reddit shares fell 29.22% following the company’s projection of weak fourth-quarter sales, marking the social media platform’s worst trading day since its 2024 public debut.
General Motors will transfer its stock listing from the New York Stock Exchange to Nasdaq, effective Nov. 17, as the automaker positions itself as technology-focused.
Moderna shares fell sharply after a leak of cancer vaccine data with Merck, despite the full results showing positive efficacy against melanoma when paired with Keytruda.
