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Latest financial news from across the markets
Daily Market Overview
Markets experienced a significant rally following the Democratic sweep in the midterm elections, with investors optimistic about reduced policy shocks from a divided Congress. Notable stock movements included a surge in shares of NextDC, which jumped 43% after major stake purchases by Goodman Group and Digital Realty. Meanwhile, CVS Health announced plans to split its operations, and E.l.f. Beauty reported a strong 51% sales increase, raising its full-year guidance. In the tech sector, Qualcomm shares dropped 7% on a disappointing earnings forecast, while Snap fell over 10% after missing revenue expectations.
Latest Market Updates
| Title | Published |
|---|---|
A 'demand decade' ahead for energy? BP, Baker Hughes CEOs weigh outlook A 'demand decade' ahead for energy? BP, Baker Hughes CEOs weigh outlook | less than a minute ago |
Cramer warns on Wall Street's midterm rally Cramer warns on Wall Street's midterm rally | less than a minute ago |
What Wall Street billionaires are saying about Democrats' midterm sweep What Wall Street billionaires are saying about Democrats' midterm sweep | less than a minute ago |
Cramer: What must happen for Home Depot to keep its 25% monthlong rally going Cramer: What must happen for Home Depot to keep its 25% monthlong rally going | less than a minute ago |
Stocks making the biggest moves after hours: Coherent, AppLovin & more Stocks making the biggest moves after hours: Coherent, AppLovin & more | less than a minute ago |
Figma stock slips after Q3 beat as company prioritizes long-term growth Figma stock slips after Q3 beat as company prioritizes long-term growth | less than a minute ago |
What was really behind Wednesday's monster rally? Trump quickly making peace What was really behind Wednesday's monster rally? Trump quickly making peace | less than a minute ago |
A 'demand decade' ahead for energy? BP, Baker Hughes CEOs weigh outlook
A 'demand decade' ahead for energy? BP, Baker Hughes CEOs weigh outlook
Cramer warns on Wall Street's midterm rally
Cramer warns on Wall Street's midterm rally
What Wall Street billionaires are saying about Democrats' midterm sweep
What Wall Street billionaires are saying about Democrats' midterm sweep
Cramer: What must happen for Home Depot to keep its 25% monthlong rally going
Cramer: What must happen for Home Depot to keep its 25% monthlong rally going
Stocks making the biggest moves after hours: Coherent, AppLovin & more
Stocks making the biggest moves after hours: Coherent, AppLovin & more
Figma stock slips after Q3 beat as company prioritizes long-term growth
Figma stock slips after Q3 beat as company prioritizes long-term growth
What was really behind Wednesday's monster rally? Trump quickly making peace
What was really behind Wednesday's monster rally? Trump quickly making peace