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Wednesday Nov 4, 2026
StocksCompany news· Nov 4
Advanced Micro Devices reported third-quarter results on Nov. 3, data center revenue nearly doubled, and the stock rose about 5% on Nov. 4 as six brokers reset price targets.
Read the full story →Driven Brands Holdings said in an 8-K filed Nov. 3 that its Audit Committee concluded on Oct. 31 that financial statements for fiscal 2023, 2024 and 2025, plus 2026 quarterly reports, contain material errors and should not be relied upon. Fixed asset accounting is the main category. The auto services operator will miss the Nov. 5 deadline for its Form 10-Q covering the quarter ended Sept. 26 and intends to file a Form 12b-25 by Nov. 6. The company also revised its 2026 outlook alongside the restatement.
GoodRx told the SEC on Nov. 2 that its Audit and Risk Committee concluded on Oct. 27 that results for the quarters ended Mar. 31 and Jun. 30, 2026 should no longer be relied upon. Pharma Direct revenue was understated by $7.5 million in one period and $22.3 million in the other under ASC 606. The error runs in the favourable direction for the top line, but the company expects to report material weaknesses in internal control for each affected period, and the figures remain preliminary.
Karyopharm Therapeutics and a subsidiary filed Chapter 11 petitions on Nov. 2 in the Southern District of Texas, Houston Division, according to an 8-K. A restructuring support agreement covers 100% of funded debt. Ayrmid Ltd. is the stalking horse bidder for a merger with the reorganised company. The detail for shareholders is blunt: existing common and preferred equity will be cancelled with no distribution, which means the stock's residual value in this process is nil on the terms filed.
MarketsMarkets today· Nov 4
The S&P 500 rose 0.36% and the Nasdaq 0.83% on Tuesday while the Dow fell 0.38%; futures slipped Wednesday after Democratic midterm wins.
Read the full story →Silver rose more than 4% on Nov. 4 to reach weekly highs at $52.00, according to FX Street, which calls it one of the winners of the Republican defeat in the midterms. The channel is the one visible in the rates data: Treasury yields fell and the dollar weakened, which lowers the opportunity cost of holding a metal that pays no interest and makes it cheaper for buyers using other currencies.
Two European companies lifted their forecasts on Nov. 4. Fresenius raised its 2026 outlook for the second time after what Reuters called a strong third quarter. Continental raised its 2026 outlook on strength in its tyre business, though the Wall Street Journal's report on the same results said revenue fell 11% in the third quarter and that the company narrowed its sales outlook, even as it swung to a profit.
Reuters reported Nov. 4 that crypto dipped on the Democratic midterm wins and that the Binance hack dented optimism. The WSJ said on Nov. 3 that bitcoin prices fell alongside Nasdaq futures. The hack was described by commentator Ray Salmond of StaySolvent as the largest heist of crypto assets in history, though his view is that Binance's transparency neutralised investor concern and that 2027 is still bullish.
BondsRates and credit· Nov 4
Yields fell Tuesday night as investors bought bonds after the Democratic midterm wins, despite September job openings rising by 333,000 to 7.523 million.
Read the full story →Euro zone inflation rose for a fourth straight month, to a three-year high, driven by energy costs, according to Reuters and the Wall Street Journal on Nov. 4. The Journal said the reading reinforces expectations that the European Central Bank could raise its key interest rate again after holding it at its last meeting. The data provided does not give the headline rate or the ECB's meeting date.
The Reserve Bank of Australia has raised interest rates to an 18-year high as inflation remains stubbornly elevated, according to FXEmpire on Nov. 4, even as the country's housing market slumps. The piece frames this as a monetary policy dilemma. Higher rates are working against a property sector that already shows weakness, but easing would risk entrenching inflation.
The BLS reported Tuesday that September job openings rose by 333,000 to 7.523 million, above the 7.1 million forecast. Hiring and quits both increased and layoffs declined, which CNBC called mostly positive for the labour market ahead of payrolls. A rise in quits typically reflects workers' confidence that they can find another job, and a rise in hiring shows employers are filling positions rather than just advertising them.
GeopoliticsWorld and markets· Nov 4
Oil and European gas rose on Nov. 4 as traders judged whether the president pursues diplomacy or renewed strikes on Iran after the midterms.
Read the full story →The Wall Street Journal reported on Nov. 3 that Tehran is deploying rocket-propelled grenades and limpet mines in an attempt to reassert its grip on the Strait of Hormuz and disrupt the restored flow of oil out of the Persian Gulf. The tactics are low-cost and hard to defend against compared with conventional naval confrontation. Their effect is to raise the perceived risk of each tanker passage, even if few ships are hit.
Reuters reported on Nov. 4 that India's Mangalore Refinery and Petrochemicals, MRPL, is boosting its purchases of delivered oil as the Iran war raises shipping risks. Buying on a delivered basis means the seller carries the cargo's transit risk, so the refiner is paying a premium to remove exposure to Gulf shipping disruption. It is a small decision that shows how the risk is being priced into physical trade, not only into futures.
European natural gas prices rose after the U.S. midterm elections, the Wall Street Journal said on Nov. 4, as traders waited to see whether President Trump will pursue diplomacy with Iran or launch renewed strikes. Europe's exposure runs through liquefied natural gas supply that depends on Gulf shipping and global competition for cargoes, so a Middle East escalation lifts the continent's gas costs directly.
MemesSpeculation watch· Nov 4
Four of Tuesday's eight top gainers were 2x funds tied to RIOT, HUT, BTDR and MARA, while a SPAC more than doubled.
Read the full story →House of Doge Inc. said in an 8-K filed Nov. 2 that Nasdaq staff determined on Oct. 26 to delist its stock after the bid price was $0.10 or less for ten consecutive trading days, with trading to be suspended Nov. 3. Staff acted even though the company's compliance period ran to Mar. 8, 2027, because the rule for sub-ten-cent bids allows immediate action. The company was weighing a Panel hearing request that needed a $20,000 fee by 4:00 p.m. Eastern on Nov. 3.
Digital Brands Group disclosed in an 8-K filed Nov. 2 that noteholder Shakawe Capital declared a default on Oct. 29 on a $3.53 million note, demanding payment at 120% of the amount owed. The holder cited a missed $1,000,000 payment due Oct. 23 and a registration statement not filed by Aug. 7. It said it would begin legal proceedings unless it received an acceptable extension proposal by the end of Oct. 29.
A Nov. 4 report from Tokenpost on Moonwell's lending market says a supplier of cbBTC is seeking a remediation timeline as market cash nears zero. A Nov. 3 snapshot showed about $4.56 million in loans, and the report refers to gross bad debt. In a lending pool, near-zero cash means depositors cannot withdraw because borrowers hold the funds, and bad debt means collateral failed to cover loans.