After Hours Summary: SEZL +34.6%, ADMA +28.2%, LYNX +25.6%, APP +23.9%, RPD +18.0%, VERX +11.8%, SITM +10.3% higher on earnings; MNTN -39.8%, VCYT -28.0%, BROS -16.6%, RELY -16.6%, LZ -15.7%, FSLY -15.0%, ZG -14.3% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance:SEZL +34.6%, ADMA +28.2%, LYNX +25.6%, APP +23.9%, RPD +18.0%, VERX +11.8%, SITM +10.3%, MGNI +9.7%, RUN +9.6%, CHYM +8.7%, MKSI +8.2%, ARDT +7.8%, COHR +7.7%, RVMD +7.7%, DLX +7.0%, LB +5.9%, ALGT +5.7%, STE +5.2%, USPH +5.1%, SDGR +5.0%, JOBY +5.0%, COTY +4.6%, APC +4.6%, ELF +4.3%, CXT +3.9%, VIAV +3.7%, MGY +3.7%, TS +3.7%, XNCR +3.3%, VSEC +3.2%, WU +3.2%, TPL +3.0%, PLMR +2.7%, ACHC +2.3%, RGR +2.2%, ORA +2.0%, ACAD +2.0%, NFG +2.0%, MATX +2.0%, MET +2.0%
Companies trading higher in after hours in reaction to news:LODE +7.4% (Authorized repurchases of up to 15 million shares, representing about 19.7% of shares outstanding.), AEVA +7.3% (Introduced an expanded optical connectivity portfolio targeting AI data center applications.), EVMN +6.5% (Licensed ex-Greater China rights to autoimmune drug EVO570 in a deal worth up to $1.13 billion.), GWRS +5.2% (Secured Arizona approval for new GW-Santa Cruz water rates expected to increase annual revenue by about $2.3 million.), EBS +3.1% (Received a BioThrax delivery order modification worth up to $22.3 million from the U.S. Department of War.), PACB +2.0% (Appoints CEO Mark Van Oene interim CFO after Jim Gibson steps down; Bill Meyer named chief accounting officer.), ALNY +1.7% (Authorizes a $1 billion share repurchase program, with roughly $500 million planned by year-end 2026.), COST +1.4% (Reported October net sales growth of 12.6%, with comparable sales up 11.1% and digitally enabled sales rising 22.5%.), GPOR +1.3% (Expanded its stock repurchase authorization 33% to $2.0 billion.), CBL +1.1% (Authorizes a new $25 million common stock repurchase program through December 2027.)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance:MNTN -39.8%, VCYT -28.0%, BROS -16.6%, RELY -16.6%, LZ -15.7%, FSLY -15.0%, ZG -14.3%, PRCT -13.4%, CAI -12.7%, CAVA -12.4%, LMAT -11.1%, DAVE -9.3%, PAYC -9.0%, SNAP -9.0%, EXPE -8.3%, MLR -8.2%, OPK -7.9%, HUBS -7.9%, AMCR -7.1%, MELI -7.0%, KVYO -6.8%, XZO -6.6%, QCOM -6.6%, FIG -6.2%, WOLF -6.0%, POWI -6.0%, CGNX -5.8%, FICO -5.4%, NVST -5.4%, KNTK -4.9%, CRTO -4.7%, CRUS -4.6%, CDE -4.0%, ROOT -3.8%, AMC -3.7%, GNW -3.4%, PGEN -3.4%, HCC -2.9%, VECO -2.6%, GT -2.6%
Companies trading lower in after hours in reaction to news:JAN -3.6% (Launched a 25 million-share public offering, with a 3.75 million-share underwriter option.), RYTM -1.5% (AstraZeneca is reportedly in discussions to acquire Rhythm Pharmaceuticals for $124 per share.)
RHM GY : Reports Q3 Op €553M v €534.4Me, Rev €3.15B v €e; Cuts FY outlook due to delays in boxer project and artillery ammunition
- Cuts FY26 Rev €13.2B v €13.9Be, opr margin ~18.5% (prior: Rev €13.7- 14.2B, opr margin ~19%)
- Comments: Despite this again positive quarterly development, the annual forecast for 2026 has to be adjusted due to the likely delayed commissioning in the Arminius project, since the corresponding order intake in 2026 can no longer be expected. This means that the down payments and revenue contributions associated with the project must be moved to the new year.
In the area of weapons and ammunition, not all originally planned revenue opportunities in the current financial year will be possible in the fourth quarter of 2026 in the area of new business activities, in particular in cooperation with the Dutch company Destinus. For the business with artillery ammunition, it is now foreseeable that there will be delays in lottery acceptances. These revenues will therefore be shifted to 2027.
Therefore, Rheinmetall is making an adjustment to the full-year expectation: Rheinmetall now expects sales to be around 13.2 billion. Euro instead of the previously planned 13.7 - 14.2 billion Euro. The operating margin drops slightly to the value of around 18.5% of around 19% so far, which is explained by the now changed product mix of annual sales. Furthermore, the OFCF is expected to be positive for the full year. The original guidance, on the other hand, assumed a cash conversion rate of over 40% due to the expected down payments in the Arminius project.
How audacious London debt trader Hamza Lemssouguer came unstuck
Arini Capital Management went from start-up to Mayfair mainstay in four years. Now it is fighting to hold on to its bets
After four years of remarkable returns and rampant growth, Arini Capital Management’s charismatic founder Hamza Lemssouguer decided earlier this year that his hedge fund’s 6,400-square-foot Mayfair office was no longer fit for purpose.
The 36-year-old trader’s penchant for concentrated and self-described “contrarian” bets on the debt of struggling companies had propelled Arini from a $1bn hedge fund start-up to a $22bn investment firm diversified across both public and private credit.
In need of a new home to accommodate its grand ambitions, Arini swooped on the sprawling former London office of $1tn private capital giant Apollo Global Management in June, agreeing to lease all eight floors and the basement of the 40,000-square-foot building a stone’s throw from Mayfair’s Hanover Square.
But in the few short months since striking the trophy office deal, the swashbuckling trading style that fuelled Lemssouguer’s rise has ensnared his firm in a brutal sell-off in the riskiest reaches of corporate debt markets.
Arini’s $7bn flagship fund is now nursing losses for the year of over 26 per cent, with some of its largest positions in the debt of companies that are teetering on the brink of restructuring or even bankruptcy.
Democratic Wave Changes AI Policy Calculus
Plus, a reckoning for tech executives and the data center build-out
The ascendance of Democratic leadership in the House and Senate challenges many assumptions about the outlook for tech policy.
Of course, it’s too early to know what if anything will emerge in terms of specific legislation governing data center construction and AI safety, two areas of rising public concern. But the prevailing wisdom in recent years was that nothing would come out of Congress, and now that assumption seems less certain than it did before the midterm elections. A tech market driven by uncertainty over the pace of innovation and returns on capital investment may now have to price-in a higher degree of political uncertainty as well.
Even if President Trump vetoes tech legislation during the remainder of his term, his successor in 2028 might not. And until then, Democrats may have a clearer shot at passing tech regulation at the state and local levels.
Tech leaders who worked closely with the Trump administration will have to reach across the aisle as well. That’s always true, but it’s truer when power changes hands.
Tech analyst Dan Ives of Yorkville Ives wrote this morning that the midterm election “was a seismic shift that will have a negative impact on the pace of the AI Revolution build-out in the U.S. over the next few years.” He predicts that the pace of the planned 800 to 1,000 datacenters across the U.S. will slow. The biggest impact may be in Texas, he said, where Democrat Gina Hinojosa beat incumbent Greg Abbott. An estimated 25% to 30% of data center gigawatts and capacity will come from that state, according to Ives.
If the expansion of AI infrastructure supply slows down, it stands to reason that enterprises and other consumers of technology will have to contend with relatively higher prices for longer periods, possibly having an impact on the diffusion of AI across the economy. That could give the rest of the world, including China, an advantage in a global technology race.
Today, we assess the areas where the election raises the odds of change in tech policy and regulation that matter to business leaders the most. More below.
Tougher on AI Regulation
The Wall Street Journal reports that one way Democrats are likely to focus on artificial intelligence is by bringing in top executives to testify about their close relationships with the White House.
AI regulation will also be a higher priority, the WSJ notes, after a wave of hacks by recent AI models and warnings from industry researchers that the technology could be capable of destroying humanity within the next decade.
Progressives have also proposed bills targeting the data centers underpinning the AI boom, hoping to curtail their power usage and address a recent backlash that swept across the country.
Incoming Governors Target Data Centers
Last night’s wins could put half of the nation’s proposed data centers under stricter oversight with candidates supporting a slowdown winning at state and local levels, Bloomberg reports.
Texas. Democrat Gina Hinojosa, who unseated Greg Abbott last night, has called for an immediate moratorium on construction until lawmakers pass protections for communities. About 13 GW of capacity is immediately exposed, Bloomberg reports.
Ohio. Democrat Amy Acton flipped the governor’s seat in the state. Acton supports a conditional moratorium requiring developers meet set requirements before building.
Georgia. Democrat Keisha Lance Bottoms also flipped the governor’s seat. Bottoms on her campaign called for a data center moratorium . Atlanta has nearly 2.9 GW of data centers under construction, FT reports, citing real-estate investment group CBRE.
Politico reports how pro tech industry super PAC Building the Future spent $4.8 million on Republican Darline Graham in South Carolina in the final weeks of the midterms. The winner of the race, Democrat Annie Andrews has called for a data center moratorium and tech protections for kids.
And in the pre-midterms Beltway/Valley Nexus…President Trump’s edict renaming “artificial intelligence” as “super intelligence” has tested tech industry leaders, even those who opened their wallets for his various D.C. construction projects. Nvidia Chief Executive Jensen Huang has used SI for certain audiences, and AI for others, the WSJ reports.
Solvay strikes rare earths deal that will reduce global dependence on China
Supply from Brazilian mine will bolster high-tech magnet production in Europe and US
European rare earths refiner Solvay has struck a deal with an Australian company that will allow it to increase supplies for crucial magnet production outside China, calling it an “important step” in diversifying global supply chains.
The Belgian chemicals group said on Wednesday it had signed a long-term agreement with Viridis Mining and Minerals which will supply its rare earths operations in La Rochelle, France, from an upcoming Brazilian mine. Shipments to Solvay are expected to start in 2028.
The deal comes as competition for non-Chinese rare earths supply could heat up further in the coming weeks as Beijing and Washington negotiate a further extension of a trade truce beyond January. The Pentagon has also said it will stop buying magnets and other critical parts sourced from China in January.
Solvay’s plant at La Rochelle is one of the largest rare earth separation and purification facilities outside China. Its products go into the permanent magnets needed for electric vehicles, renewable energy, advanced electronics and defence and medical applications.
Philippe Kehren, chief executive of Solvay, said that “customers and policymakers, not only in Europe, also in the US, in Japan” are pushing to find new sources of rare earths crucial for electrification and defence uses.
“This is clearly an important step towards this diversification,” he added. China controls mining and refining globally because of its mineral resources and investment in refining and magnet production.
The deal includes “certain price floors”, Solvay said, which would support Viridis if rare earths prices fell.
The US government put in place a price floor for California company MP Materials and Australian producer Lynas Corp, although this is not common in supply agreements.
Kehren said the Viridis deal would also help the long-term future of its site in La Rochelle, which has been in production for more than 75 years but only last year added a production line that will contribute to European rare earths magnet manufacturing.
It also expanded heavy rare earths processing this year with a further investment of up to €20mn. The feedstock to come from Viridis includes neodymium and praseodymium, so-called light rare earths, and heavy rare earths dysprosium and terbium.
Rafael Moreno, chief executive of Viridis, said the company had been “in deep discussions with the Koreans, the Japanese, Europe, the US” about rare earths from its Colossus rare earths mine in Brazil.
“We’ve had a lot of different government groups come through our facility in Brazil,” he said. “There’s not that many good rare earth mining projects out there. There’s only really three non-Chinese [producing mines] at the moment.”
Moreno said the deal with Solvay — which guarantees at least 70 per cent of output will go to the French company’s La Rochelle site as well as the right of first offer on the remaining production — would also help secure financing for its development. He said the company was in talks with European banks about a funding package that should be finalised this year.
“The European Union has also been quite instrumental in looking to support us,” he said. “And we’re lucky that they have also cascaded that support to a lot of the European banks.”
Under a separate agreement with Solvay, the Belgian company will also license technology and provide technical support to Viridis to process some material on site.
A projected Democratic sweep of both houses of Congress rippled across global markets, sending stocks and the dollar lower while boosting Treasuries, on speculation the result will put the brakes on President Donald Trump’s agenda. Futures for the S&P 500 Index dropped 0.7%, after falling as much as 1.4%, while those for the tech-heavy Nasdaq 100 declined 0.8%. The dollar weakened against all its Group-of-10 peers, while the yield on the benchmark 10-year Treasury note declined two basis points to 4.96%. The MSCI Asia Pacific Index of regional equities slipped 1% and Bitcoin lost 0.7%. Investors see a Democratic wave as a potential setback for stocks and the dollar given the prospect of tighter regulatory scrutiny, particularly of high-growth technology and artificial intelligence companies. Treasuries, meanwhile, stand to benefit if political gridlock limits further tax cuts and government spending, easing concerns about federal borrowing. The Democrats will win control of the house and the senate, Decision Desk HQ reported. James Talarico of Texas was projected to defeat Republican Ken Paxton in the state’s hotly contested Senate race, becoming the first Democrat to win a statewide election there in roughly three decades. Democratic candidate Annie Andrews was projected to pull off a stunning victory in deep red South Carolina. Trump said he would accept the midterm election results, the New York Times reported. Still, Wednesday’s moves in US stocks and Treasuries represented just small reversals to the year-to-date trend. The S&P 500 is up about 10% for 2026, while Treasury 10-year yields have increased more than half a percentage point. Treasury yields fell across the curve as the election results emerged, led by those on five-year notes which dropped as much as nine basis points to 4.68%. A Democratic takeover of the House would reduce the likelihood of further deficit-expanding legislation under the Trump administration. Bond investors have been uneasy about the US’s fiscal trajectory with the nation’s debt load at around $40 trillion, and gridlock may reduce the risk of additional spending or tax cuts that would require more Treasury issuance. In currency markets, the Swiss franc was the biggest gainer versus the dollar, rising 0.5%, while the yen climbed 0.4% and the euro strengthened 0.3%. In Asian stocks, South Korea’s Kospi Index dropped 0.6% as the US midterm election results damped sentiment toward global equities. The gauge had earlier been up as much as 3.2% after technology shares rallied on Wall Street on Tuesday. Bitcoin slipped as much as 2.8% on concern a Democratic sweep could stall industry-backed legislation and bring tougher scrutiny of digital-asset firms. A political stalemate may also limit further fiscal stimulus and weigh on speculative assets. US After Hours ANET +12.6%, DUOL +11.1%, PCOR +10.9%, ARDX +9.6%, FLYW +9.5%, AMD +7.6%, SMCI +7.5% higher on earnings; DOX -42.5%, SWKS -17.2%, LIME -10.3%, PXED -9.6%, UNM -9.4%, FRSH -7.7%, CAR -7.4% lower on earnings.
Nikkei -1.42% Hang Seng +1.26% CSI +2.19% Kospi +0.62% Shanghai +1.90% Shenzen +3.44%
Eur$ 1.1230 CNH 6.6789 CNY 6.6799 JPY 158.14 GBP 1.3455 CHF 0.8170 RUB 82.0250 TRY 50.0223 WTI$ 96.32 +0.25% Gold 4,008 +1.97% BTC 77,674.81 -0.11% ETH 2,289 -0.15%
S&P -0.27% Nasdaq -0.42% EuroStoxx -0.20% FTSE -0.45% Dax -0.30% SMI -0.25%
Macro :
- Gold Jumps With Silver as Risk Assets Gyrate
- Ebola Spreads to Eighth DRC Province As WFP Delivers Food, Builds Treatment Centres and Keeps Supplies Moving
- US in Talks With Venezuela on Potential Long-Term Military Presence
- US in Talks With Venezuela on Potential Long-Term Military Presence
- Quebec Expects to Import More Power After US Utility Deals
- Corn Extends Loss to Hit Four-Month Low on Supply, Peace Hopes
- Antonio Gracias’ Valor Raises $3.3 Billion for Its Flagship Fund
- Kospi Erases Gain as Sentiment Sours on Midterm Results
- Billionaire Democratic Donor Wants D.C. to Tax Capital Gains More -- WSJ
Keep an eye on :
Keep an eye on :
- ABNX FP : Abionyx Pharma Partners with Lille University Hospital to Study CER-001 in Severe Burn Patients
- AH NA : Ahold Delhaize Says Cyberattack to Reduce 4Q Net Sales, Ahold Delhaize Cuts FY26 Diluted Underlying EPS Growth Outlook To Low-Single-Digit At CER From Mid- To High-Single-Digit, Ahold Delhaize To Acquire Tesco’s Czech & Slovak Businesses
- AIR FP : Emirates Non-Committal on Airbus A350-1000 Despite Rolls Revamp
- AKER NO : Aker 3Q Net Asset Value per Share NOK1,509 Vs. NOK1,429 Q/Q
- ALFEN NA : Alfen Sees FY Rev. High End of EU435M to EU475M, Est. EU458.3M
- AMBEA SS : Ambea 3Q Operating Profit Beats Estimates
- AMD US : *AMD SEES 4Q REVENUE ABOUT $17B PLUS OR MINUS 3%, AMD Gains as Forecast Shows AI Demand Still Robust
- AMGN US : Amgen Raises Forecasts Again as Sales Top Expectations
- AAPL US : *APPLE OPENS SIRI AI PREVIEW TO ALL DEVELOPERS
- AG1 GY : AUTO1 3Q Adjusted Ebitda Beats Estimates
- CAR US : *AVIS BUDGET SHARES DOWN 12% POSTMARKET AFTER EARNINGS MISS
- BARN SW : Barry Callebaut FY Sales Miss Estimates
- BSL GY : Basler FY Outlook Above Consensus
- BMW GY : BMW 3Q Automotive Ebit Margin Beats Estimates (2) BMW Cuts FY Automotive Ebit Margin Forecast, BMW Lowers Outlook a Second Time Since June on Downturn in China --> ADR -5%
- BEWI NO : BEWI 3Q Sales Above Estimates
- BKNG US : Booking 3Q Revenue Misses Estimates: Snapshot, Booking Sees Weaker Final Quarter as Prices, Unrest Hurt Travel, Booking Slips as Weak Global Demand Hurts Outlook
- BOUV NO : Bouvet 3Q Revenue Misses Estimates
- CVI US : Carl Icahn’s CVR to Buy Marathon Refineries for $4.2 Billion
- CON GY : Continental Narrows Sales Outlook After Revenue Slumps
- CVS US : CVS Will Break Off Its Namesake Pharmacies -- WSJ
- CTT PL : CTT 9M Net Income Falls 40%, Cuts Recurring Ebit Outlook, CTT Seeks to Sell Stake in Banking Unit After Cajamar Talks Fail
- DDOG US : Datadog Likely to Top Estimates on Cloud Spending: Preview
- DDOG US : Datadog Likely to Top Estimates on Cloud Spending: Preview
- DBK GY : Deutsche Bank’s UK Broker Bet Is Waiting for an IPO Revival
- DSFIR NA : DSM-Firmenich 3Q Adjusted Ebitda Meets Estimates
- ENEL IM : Enel On Track for 7% 2026 EPS Gain Despite Hydro Dip: 3Q Preview
- EL US : Estee Lauder Sees Sales Growth Through 2030 as CEO Outlines Goal
- EXEL FH : Exel Composites 3Q Revenue Beats Estimates
- FBIN US : Fortune Brands Cuts FY Adjusted EPS Forecast, Misses Estimates
- FRA GY : Fraport 3Q Revenue Matches Estimates
- FRE GY : Fresenius SE 3Q Ebit Before Special Items Beats Estimates
- GXO US : GXO Logistics Maintains FY Adjusted EPS Forecast
- HEI GY : Heidelberg Materials 3Q Oper Ebitda Beats Estimates
- 1347 HK : Hua Hong Grace Shares Rise 10% Beating Gains in Hang Seng
- ISP IM : Intesa CEO Slams Meloni’s Plan to Hit Banks With Extra Taxes
- IPI US : Intrepid Potash 3Q Adjusted Ebitda Misses Estimates
- ISS DC : ISS 3Q Organic Revenue Beats Estimates
- IVN CN : Ivanhoe Mines 3Q Adjusted Ebitda Misses Estimates
- IVG IM : Iveco 3Q Consolidated Revenue EU3.16B
- KAMBI SS : Kambi Sees FY Adjusted Ebita EU26M, Saw EU23M to EU27M
- KEMPOWR FH : Kempower Sees FY Revenue Approx. +5%, Saw +10% to +25%
- KEMPOWR FH : Kempower To Cut Up to 120 Jobs in Restructuring
- LISN SW : Lindt Investors Seek Board Changes After CEO Ouster: Reuters
- LHA GY : Lufthansa Signs Pact With Portugal to Buy Minority Stake in TAP
- LKOH RM : Boehly-Led Group Plans Securities Swap for Lukoil Assets: Rtrs
- MMT FP : M6 3Q Revenue Beats Estimates
- MCOVB SS : Medicover 3Q Revenue Misses Estimates
- MEKKO FH : Marimekko 3Q Net Sales Beat Estimates
- MEL SM : Melia Hotels 3Q Ebitda Beats Estimates
- MBG GY : Mercedes Delays US Production of GLC Crossover: Automotive News
- 4183 JP : Mowi 3Q Net Income Beats Estimates
- MOS US : Mosaic 3Q Adjusted Ebitda Misses Estimates
- MOWI NO : Mowi 3Q Net Income Beats Estimates, Mowi Boosts FY Harvest Forecast
- MTG SW : Ahlsell Launches Public Tender Offer for Meier Tobler Group
- MTY CN : MTY Food Group Rejected Foodtastic’s Bid, Formally Ended Talks
- NXT DC : Goodman Group, Digital Realty raid NextDC’s register for 9.9pc stake
- NEE US : NextEra Offers New Safeguards for $67 Billion Dominion Deal
- NOBI SS : Nobia Sees SEK150m in Cost Savings on Workforce Reductions
- NOS PL : NOS 3Q Revenue EU480.6M Vs. EU457.3M Y/y
- NOVOB DC : Novo Nordisk 3Q Adj. Wegovy Pill Sales Beat Estimates, Novo Raises Guidance as 3Q Wegovy Pill Sales Beat Estimates (2)
- NRIX US : Nurix Sinks, Says Sanofi to Drop STAT6 Degrader SAR448272
- NVDA US : Nvidia China Clients to Get 1% of $70 Billion RTX Chips Ordered
- ORCL US : Oracle cancels $7bn Tencent AI deal under Trump pressure
- ORRON SS : Orron Energy 3Q Net Loss EU1.4M
- OUST US : Ouster Shares Rise After 3Q Revenue Beats Estimates
- PNDORA DC : Pandora 3Q Revenue Beats Estimates
- PFE US : Pfizer CEO Says Covid Is 'Irrelevant.' He's Betting on Cancer and Weight-Loss Drugs.
- RIEN SW : Rieter Names Stausberg CEO After Dispute Over Lippuner’s Pay
- RR/ LN : Emirates Non-Committal on Airbus A350-1000 Despite Rolls Revamp
- SAMPO FH : Sampo 3Q Net Income Beats Estimates
- SAN FP : Nurix Sinks, Says Sanofi to Drop STAT6 Degrader SAR448272
- SCYR SM : Sacyr 9M Net Income EU116M
- G24 GY : Scout24 3Q Oper Ebitda Beats Estimates
- SDRL US : Seadrill Boosts FY Revenue Forecast, Beats Estimates
- SILEX SS : Silex Microsystems 3Q Adj. Ebit SEK148m
- WAF GY : Siltronic 3Q Sales Beat Estimates, Siltronic Narrows FY Ebitda Margin Forecast
- 000660 KS : SK Hynix’s NY Chip Plans Hit Snag Over US Rules on China: Rtrs
- SOLB BB : Solvay 3Q Underlying Ebitda Misses Estimates (1)
- SPCX US : Tesla, SpaceX Shares Take Early Hit as Midterm Blue Wave Unfolds
- 700 HK :Tencent Declares Latest AI Model Ranks Among China’s Best
- TSLA US : Tesla, SpaceX Shares Take Early Hit as Midterm Blue Wave Unfolds
- UBI FP : Xbox’s Arkane Studios Draws Multiple Bidders, Including Ubisoft
- UCB BB : UCB to Apply Cradle’s AI-Driven Protein Design Platform
- VIRI FP : Viridien 3Q Segment Revenue $237M Vs. $313M Y/y
- VNA GY : Vonovia 9M Adjusted Ebitda EU2.19B Vs. EU2.11B Y/y, Vonovia CFO to Step Down After Current Term
- VPK NA : Vopak Narrows FY Proportional Ebitda Forecast
>>> Up
* Ageas Raised to Outperform at KBW; PT 86 euros
* Biohit Raised to Buy at Inderes; PT 2.80 euros
* Coloplast Raised to Overweight at Barclays; PT 600 kroner
* Coloplast Cut to Hold at Jyske Bank; PT 515 kroner
* Fiserv PT Raised to $70 from $62 at Baird
* Fiserv PT Raised to $70 from $62 at Baird
* Navitas Semiconductor Raised to Buy at Rosenblatt Securities Inc
* Orron Energy Raised to Buy at SEB Equities; PT 11.50 kronor
* Porsche Raised to Outperform at Grupo Santander; PT 57.80 euros
* Soitec Raised to Neutral at UBS; PT 130 euros
* TotalEnergies Raised to Hold at Freedom Capital; PT $91
>>> Down
>>> Down
* Cipher Digital PT Cut to $30 from $35 at Macquarie
* Clariant Cut to Hold at Deutsche Bank; PT 10.90 Swiss francs
* Coloplast Cut to Sell at ABG; PT 420 kroner
* Gecina Cut to Neutral at Goldman; PT 72.60 euros
* Haleon Cut to Hold at Jefferies; PT 320 pence
* Haleon price target lowered to 390 GBp from 460 GBp at Morgan Stanley
* Helvetia Baloise Cut to Underperform at KBW; PT 194 Swiss francs
* IONOS Group SE Cut to Hold at Berenberg; PT 38 euros
* Marriott Intl Cut to Hold at Freedom Capital; PT $439
* Netum Group Cut to Sell at Inderes; PT 55 euro cents
* PayPal Cut to Hold at Freedom Capital; PT $63
* Roku Cut to Hold at CFRA; PT $160
* Roku Cut to Hold at CFRA; PT $160
* Soitec Cut to Equal-Weight at Morgan Stanley; PT 140 euros
* Thales Cut to Neutral at Rothschild & Co Redburn; PT 255 euros
* UPM-Kymmene price target lowered to EUR 25 from EUR 27 at Morgan Stanley
* Washtec Cut to Hold at MP Capital Markets; PT 38 euros
>>> Initiation
>>> Initiation
* 2G Energy Rated New Buy at Baader Helvea; PT 88 euros
* Acceler8 Ventures Rated New Buy at Berenberg; PT 130 pence
* Ferrari Group Rated New Buy at UBS; PT 9.90 euros
* GomSpace Group Rated New Buy at Berenberg; PT 17 kronor
* Linjemontage I. Grastorp Rated New Buy at ABG; PT 62 kronor
* Technoprobe Rated New Overweight at Barclays; PT 40 euros
* Technoprobe Rated New Overweight at Barclays; PT 40 euros
* Ten Technologies Group PLC Rated New Buy at Shore Capital
>>> Call
>>> Call
* *EUROPEAN RENEWABLES STOCKS RISE ON TRADEGATE AFTER US MIDTERMS
* Coloplast Raised to Overweight at Barclays Following Deep Reset
* Haleon Cut to Hold, Estimates Lowered at Jefferies After Results
* Technoprobe Among Preferred AI Plays, New Overweight at Barclays
* Technoprobe Among Preferred AI Plays, New Overweight at Barclays
- Vestas (VWSB TH) +3.7%
- Watch European AI, Renewables Stocks as Democrats Take Congress
- Endeavour Mining (6E2 TH) +3.2%
- Continental (CON TH) +2.4%
- Continental Lifts Guidance After Selling More Premium Tires
- Novo Nordisk (NOV TH) +2.2%
- Novo Raises Guidance as 3Q Wegovy Pill Sales Beat Estimates (2)
- Heidelberg Materials (HEI TH) +1.9%
- Heidelberg Materials 3Q Oper Ebitda Beats Estimates
- Argenx (1AE TH) +1.5%
- AUTO1 (AG1 TH) +1.4%
- AUTO1 3Q Adjusted Ebitda Beats Estimates
- RWE (RWE TH) +1.4%
- Umicore (NVJP TH) +1.3%
- Hannover Re (HNR1 TH) -1%
- Thyssenkrupp (TKA TH) -1.1%
- Daimler Truck (DTG TH) -1.1%
- Helvetia Baloise (HVXA TH) -1.2%
- Helvetia Baloise Cut to Underperform at KBW; PT 194 Swiss francs
- Prysmian (AEU TH) -1.3%
- Ferrari (2FE TH) -1.7%
- BMW (BMW TH) -2.1%
- BMW Speeds Up New Models After Second Profit Warning Since June