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Good morning!
US stock futures edged higher on Wednesday following Democrats’ victory in both chambers of Congress, raising prospects of a divided government.
Dow Jones futures climbed 1.39%, while S&P 500 and Nasdaq-100 futures gained 0.96% and 0.93%, respectively. However, chipmakers Nvidia and Micron fell more than 1% amid concerns over potential restrictions on data center construction.
Investors are also assessing possible policy changes affecting housing and pharmaceuticals. Meanwhile, markets are looking ahead to S&P and ISM economic activity data, alongside ADP private payroll figures, for further insight into economic conditions and the labour market.
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🚀 PRE-MARKET MOVERS TOP GAINERS BEFORE THE BELL
Helport AI Limited (HPAI)
+31.09%
was trading at $0.31 in pre-market trading. The company announced progress in transitioning an established Southeast Asian fintech customer from AI-assisted business process outsourcing operations toward autonomous AI Labor.
CPS Technologies Corporation (CPSH)
+16.50%
gained to $4.06 in pre-market trading following the release of its fiscal third-quarter 2026 financial results. The company reported revenue of $8.9 million for the quarter ended September 26, 2026, compared with $8.8 million in the same period last year.
Flotek Industries, Inc. (FTK)
+17.43%
climbed to $29.17 in pre-market trading after reporting third-quarter 2026 revenue of $114.4 million, marking its highest quarterly revenue level in twelve years.
Limbach Holdings, Inc. (LMB)
+14.82%
advanced to $57.32 in pre-market trading after reporting record third-quarter 2026 revenue of $230.5 million, representing a 24.9% increase from $184.6 million in the prior-year period.
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5 Stocks Built for a Strong Finish to 2026
Higher interest rates, a reshuffled Washington and a market that wants proof of AI profits will all test stocks before the year is out. These 5 companies have the earnings to handle it. Download our free report for the catalysts, recent results and analyst price targets behind each one.
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📣 ANALYST UPGRADES & DOWNGRADES FRESH WALL STREET CALLS
Craig Hallum turned bullish on ON Semiconductor Corp (ON)
BUY,
upgrading the stock and assigning a $85 price target, representing potential upside of 17.08% from Tuesday's close.
Sirius XM Holdings Inc (SIRI)
has won the favor of Goldman's equity research team. The firm upgraded the shares from Neutral to
BUY
and moved its price target to $37, suggesting 20.13% additional upside for the stock.
Vital Farms, Inc. (VITL)
received an upgrade from analysts at Craig Hallum, who also set their one-year price target on the stock to $12. They changed their rating on VITL to
BUY
from Hold in a recently issued research note.
BNP Paribas Exane reduced its rating on Medical Properties Trust Inc (MPT)
stock to NEUTRAL
from Outperform and assigned the price target to $2.
DZ Bank analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Merck & Co Inc (MRK)
has been changed to HOLD
from Buy and the new price target is set at $153.
Analysts at DZ Bank downgraded Chevron Corporation (CVX)
stock to HOLD
from Buy, and the new price target is set at $240.
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WARNING to Anyone Over 50: This Could Be the LAST Great Bull Market of Your Life
One of the most prolific stock pickers in America is out with what sounds like a ridiculous prediction. Recently, on camera, he told us the bull market that's coming could be the biggest of our lifetime. But also the final one. And there's a fascinating reason why.
Watch his free briefing now. You may not get a chance like this again.
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🔍 LATEST INSIDER ACTIVITY EXECUTIVE BUYS & SELLS
Stride Inc (LRN)
BUY
— Director, Haggart Dylan G. declared the purchase of shares taking place on Nov 03 '26 at $74.91 for some 36357 shares. The transaction totaled about $2.72 million.
NPK International Inc (NPKI)
BUY
— Director, MINGE JOHN C bought on Nov 02 '26 a total of 15000 shares at $9.24 on average. The purchase cost the insider an estimated $138,600.
MARA Holdings Inc (MARA)
SELL
— Chief Executive Officer, Thiel Frederick G, announced the sale of shares taking place on Nov 02 '26 at $6.79 for some 27505 shares. The total came to more than $186,759.
JetBlue Airways Corp (JBLU)
SELL
— Chief Digital & Tech Officer, Clements Carol Ann sold on Oct 30 '26 a total 2000 shares at $2.96 on average. The insider’s sale generated proceeds of almost $5,920.
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5 Stocks to Buy for Q4 2026
This year has thrown the market a war with Iran, $100 oil and the Fed's first rate hike since 2023. Stocks climbed anyway. This free report reveals 5 companies with the earnings and catalysts to finish 2026 strong. See which ones made our list.
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📊 EARNINGS TO WATCH TODAY
Top US earnings releases scheduled for today include Coeur Mining, Inc (CDE). It will announce its September 2026 financial results. The company is expected to report earnings of $0.16 per share from revenues of $1.01B in the three-month period.
Analysts expect AMC Entertainment Holdings Inc (AMC) to report a net income (adjusted) of $0.14 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended September 2026 is predicted to come in at $1.62B.
Snap Inc (SNAP), due to announce earnings after the market closes today, is expected to report earnings of $0.1 per share on revenues of $1.73B for the recently concluded three-month period.
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That's it for today. Thanks for reading. Good luck out there!
Best Regards,
Stocks Telegraph Team
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Disclaimer:
Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.
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