Nova Minerals
The miner soared by an impressive 83%, positioning itself for its best day ever. This surge followed news that the Australian ambassador to the U.S. reached out regarding its Estelle Gold and Critical Minerals Project in Alaska. Nova Minerals stated, “This briefing is in preparation for the upcoming meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump,” which is scheduled for next week.
Ericsson
Shares of the Swedish telecom giant rallied nearly 20% after the company reported quarterly earnings that exceeded expectations. Furthermore, Ericsson downplayed the potential impact of U.S. tariffs on its financial performance.
T-Mobile
The wireless communications provider saw its stock increase by 2% following an upgrade from RBC Capital Markets, moving from a sector perform to outperform rating. The firm cited solid operating trends and valuation compression observed this year as reasons for the upgrade.
Albertsons
The supermarket chain experienced a jump of over 11% after its fiscal second-quarter earnings, excluding one-time items, and revenue surpassed Wall Street estimates, as compiled by FactSet. Additionally, the board authorized a $750 million accelerated stock buyback.
Domino’s Pizza
The Michigan-based pizza operator added more than 4% after its third-quarter earnings and revenue exceeded analysts’ expectations, according to FactSet. Notably, Domino’s U.S. same-store sales grew by 5.2% in the latest quarter compared to the previous year, surpassing the anticipated 4.2%.
JPMorgan Chase
Shares dipped by 1.4% despite JPMorgan Chase reporting results that topped analyst estimates. The trading revenue reached a record of nearly $9 billion.
Goldman Sachs
The investment bank’s shares fell by 1.8% even after exceeding Wall Street estimates due to better-than-expected investment banking activity and bond trading. Goldman earned $12.25 per share, surpassing the consensus of $11, with revenue of $15.2 billion beating the anticipated $14.1 billion.
Wells Fargo
San Francisco-based Wells Fargo’s third-quarter financial results exceeded expectations, sending shares up by 6.8%. Earnings came in at $1.66 per share on $21.44 billion in revenue, compared to the estimated $1.55 per share on $21.15 billion.
Citigroup
Shares rose by 3% after Citigroup reported earnings of $2.24 per share in the third quarter, ahead of the $1.90 per share expected by LSEG. Revenue also exceeded forecasts, coming in at $22.09 billion compared to the anticipated $21.09 billion.
Rare Earth Miners
Companies like Energy Fuels, MP Materials, and USA Rare Earth continued to see gains after China imposed export restrictions. Speculation is growing that the Trump administration will invest more in the domestic supply chain. Energy Fuels climbed over 9%, MP Materials gained about 3%, and USA Rare Earth surged nearly 1%.
General Motors
The Detroit automaker announced in a public filing that its third-quarter results, expected next week, will include a $1.6 billion charge due to a pullback in its electric vehicle ambitions. Despite this, the stock gained 2.4%.
Polaris
The snowmobile manufacturer rallied by 12% after announcing plans to spin off its Indian Motorcycle business, with the transaction expected to close in the first quarter of 2026.
Arm Holdings
The British semiconductor designer saw a 3% increase after reports indicated that OpenAI is collaborating with Arm to develop a custom central processing unit as part of its partnership with Broadcom.
— CNBC’s Sarah Min, Michelle Fox, Scott Schnipper, Spencer Kimball, and Alex Harring contributed reporting.
