MQ Marqeta Inc

Boeing (NYSE:BA) – Boeing workers on the U.S. West Coast ended a seven-week strike after approving a contract that includes a 38% wage increase over four years. The strike, which impacted 737 MAX production and other models, cost Boeing about $100 million per day. The contract also includes a $12,000 bonus and increased 401(k) contributions. Shares rose 2.0% in pre-market.

Southwest Airlines (NYSE:LUV) – Southwest Airlines appointed Rakesh Gangwal, aviation veteran and co-founder of Indigo, as independent board chair after an agreement with Elliott Investment Management. Gangwal acquired Southwest shares before the resolution, which included board concessions and CEO Bob Jordan’s retention. As part of the agreement, Southwest added five Elliott nominees, including Gregg Saretsky as finance committee chair. Shares rose 0.5% in pre-market after closing down 2.3% on Monday.

Dollar Tree (NASDAQ:DLTR) – Rick Dreiling resigned as CEO of Dollar Tree for health reasons on November 3, 2024. Chief Operating Officer Michael Creedon Jr. takes over as interim CEO, while Edward J. Kelly III, Independent Director, was named Chair. The Board is searching for a new CEO, considering internal and external candidates. The company reaffirmed its financial forecast for the third quarter and continues its strategic review of Family Dollar, which could include a potential sale. Shares rose 3.8% in pre-market after closing up 0.3% on Monday.

Apple (NASDAQ:AAPL) – According to Bloomberg, Apple launched Project “Atlas” to research smart glasses, gathering internal feedback and evaluating devices on the market. This study, led by the Product Systems Quality team, aims to develop affordable, functional glasses potentially integrated with the iPhone, following criticism over the high cost and weight of the Vision Pro. In Indonesia, Apple plans a $10 million investment in a factory to manufacture components and meet local content requirements. The goal is to lift the local sales ban on the iPhone 16. Shares fell 0.23% in pre-market.

Foxconn (USOTC:FXCOF) – Apple’s main manufacturer reported its lowest monthly sales growth since February, with NT$804.9 billion (US$25.2 billion) in October, an 8.6% increase but below expectations. This performance reflects Apple’s weak holiday quarter forecast.

Meta Platforms (NASDAQ:META) – Meta plans to use AI to identify teens lying about their age on Instagram, automatically placing them in more restrictive privacy settings. Using a tool called the “adult classifier,” AI analyzes account data, followers, and interactions to predict users’ ages. Meta also authorized U.S. defense agencies and contractors to use its AI models, Llama, to bolster national security. In an exception to military restrictions, the company aims to expand Llama’s reach and support allies, emphasizing the importance of ethical and responsible technology use. Additionally, Meta was fined $15.67 million by South Korea for collecting sensitive data from approximately 980,000 South Korean users without consent, sharing it with advertisers. Seoul’s data protection agency noted that information on religion, politics, and sexuality was used by 4,000 advertisers, while Meta denied user requests for data access. On the misinformation front, Meta will maintain a ban on new political ads after the U.S. elections until the end of the week. During this restriction, only active political ads with at least one prior impression may continue, but with limited edits. Shares rose 0.42% in pre-market.

OpenAI – OpenAI is negotiating with California’s attorney general to change its structure to a for-profit company, a significant shift since its founding as a nonprofit in 2015. This would attract more investors, while the original OpenAI would retain a minority stake. Recently, the company raised $6.6 billion, valuing it at up to $157 billion.

Intel (NASDAQ:INTC), Bain Capital (NYSE:BCSF) – Silver Lake, Bain Capital, and Francisco Partners are interested in acquiring a minority stake in Altera, Intel’s programmable chip division. Intel seeks to raise cash to cut costs and expects a valuation similar to the $17 billion paid in 2015, preparing Altera for a future IPO. Altera continues with 14% revenue growth, reaching $412 million last quarter. Intel shares rose 0.13% in pre-market after closing down 2.93% on Monday.

Snowflake (NYSE:SNOW) – Alexander “Connor” Moucka was arrested in Canada, suspected of cyberattacks against 165 Snowflake Inc. clients, including extortion and data theft. Moucka, considered a leading threat actor in 2024, targeted over 100 companies since April, exploiting security gaps in organizations lacking multi-factor authentication. Shares rose 0.7% in pre-market after closing down 1.5% on Monday.

Paramount Global (NASDAQ:PARA) – Shari Redstone will not remain on the board of Paramount Global following its merger with Skydance Media. Although she and her son Tyler Korff have the option to join the new entity’s board, they do not intend to do so. After the merger, Skydance founder David Ellison will become CEO of the new Paramount. Shares rose 0.2% in pre-market after closing down 1.0% on Monday.

Amazon (NASDAQ:AMZN) – Amazon confirmed plans to build a data center campus in Pennsylvania next to Talen Energy’s nuclear plant, despite regulatory rejection of a special power supply deal. The $650 million project, funded by Amazon Web Services, aims to supply up to 960 megawatts directly from the Susquehanna plant, reducing fossil fuel dependence for its expanding operations. In Mexico, Amazon partnered with Jüsto, a Mexican food delivery startup, to expand its fresh produce offerings, enhancing its strategy to deliver essential goods quickly. Shares rose 0.1% in pre-market after closing down 1.1% on Monday.

Uber Technologies (NYSE:UBER) – Uber suggested a 6.1% reduction in per-mile rates to New York’s Taxi and Limousine Commission, citing lower gasoline costs. The goal is to make rides cheaper and attract more passengers, but drivers worry about further cuts amid frequent blocks and rule changes that have already impacted earnings. The TLC is reviewing Uber’s proposal, while drivers and unions protest, advocating for better working conditions and financial stability. Shares rose 0.3% in pre-market.

Tesla (NASDAQ:TSLA) – Tesla raised wages by 4% for all employees at its German gigafactory, effective in November. The increase follows the conversion of 500 temporary workers to permanent status. The union IG Metall was not involved in the decision. Shares rose 2.0% in pre-market after closing down 2.5% on Monday.

Toyota Motor (NYSE:TM) – Toyota is expected to report a 14% drop in annual operating profit for the second quarter, totaling $7.9 billion, according to LSEG. With hybrids accounting for 41% of sales, Toyota faces challenges in China and a slight decline in global sales, with EVs representing only 1.5% of sales.

Ford Motor (NYSE:F) – The National Highway Traffic Safety Administration (NHTSA) closed an investigation into 411,000 Ford vehicles, including models like Bronco, Edge, and F-150, over a valve defect in 2.7L and 3.0L EcoBoost engines that could cause sudden power loss. Following a recall of 90,000 units, Ford offers a 10-year or 150,000-mile extended warranty and resolved the valve material issue in models manufactured after October 2021. Shares rose 0.3% in pre-market after closing up 1.4% on Monday.

Morgan Stanley (NYSE:MS) – Morgan Stanley received final approval to launch futures operations in China, becoming the second major U.S. bank with a standalone derivatives unit in the country. The new unit will serve local clients and foreign investors, planning to begin operations in collaboration with Chinese regulators and exchanges.

BlackRock (NYSE:BLK) – BlackRock will support Naturgy’s energy transition projects after acquiring a 20.6% stake through the $12.5 billion purchase of Global Infrastructure Partners. The company commits to maintaining Naturgy’s control over key subsidiaries, expanding its infrastructure platform, which now manages over $150 billion in assets.

Robinhood Markets (NASDAQ:HOOD) – A consortium of cryptocurrency companies, including Robinhood, Kraken, and Galaxy Digital, launched a stablecoin called USDG, pegged to the U.S. dollar and issued in Singapore by Paxos. The Global Dollar Network aims to promote global stablecoin usage, offering economic advantages to partners. This initiative seeks to compete with giants like Tether and USD Coin, which dominate the market. Shares rose 0.5% in pre-market after closing up 1.5% on Monday.

Indivior Plc (NASDAQ:INDV) – Indivior Plc secured a refinancing agreement to extend its loan maturity, securing new six-year credit lines. The pharmaceutical company raised $400 million in senior secured notes, with proceeds allocated to pay off existing debt and improve liquidity by over $250 million. Shares fell 0.4% in pre-market after closing down 1.8% on Monday.

Palantir (NYSE:PLTR) – Palantir exceeded third-quarter estimates with adjusted earnings of 10 cents per share, above the expected 9 cents, and revenue of $725.5 million, up 30% year-over-year, surpassing the forecasted $701 million. U.S. government revenue increased 40%, representing 44% of total sales. Net income rose to $143.5 million, driven by strong demand for AI. The 2024 revenue forecast was raised to between $2.805 billion and $2.809 billion, beating the consensus of $2.76 billion. Shares surged 12.7% in pre-market after closing down 1.2% on Monday.

Hims & Hers Health (NYSE:HIMS) – Hims & Hers Health Inc. surpassed third-quarter expectations with adjusted earnings of $0.32 per share, well above the $0.10 estimate. Revenue reached $401.6 million, a 77% increase year-over-year, exceeding the $382.2 million projection. Subscribers grew 44%, reaching 2 million. The company raised its annual revenue forecast to between $1.460 billion and $1.465 billion, above the $1.4 billion estimate. Shares rose 11.8% in pre-market after closing up 2.0% on Monday.

Astera Labs (NASDAQ:ALAB) – Astera Labs exceeded expectations in the third quarter with adjusted earnings of $0.23 per share and revenue of $113.1 million, above the projections of $0.17 per share and $97.5 million. Revenue grew 47% quarter-over-quarter and 206% YoY. For the fourth quarter, it projects earnings of $0.26 per share and revenue of $128 million, above Wall Street estimates. Shares jumped 25.5% in pre-market after closing down 4.1% on Monday.

Marqeta Inc. (NASDAQ:MQ) – Marqeta expressed dissatisfaction with its projections as some clients are bringing functions in-house. The company expects 10% to 12% revenue growth and a 13% to 15% increase in gross profit for the fourth quarter, below previous forecasts. Marqeta reported third-quarter revenue of $128 million, an 18% year-over-year increase, hitting the upper end of its expectations. The company halved its net loss, recording $28.64 million (6 cents per share), exceeding the adjusted Ebitda estimate with a profit of $9 million, above the $7 million consensus. Shares plummeted 39% in pre-market after closing up 1.7% on Monday.

Lattice Semiconductor (NASDAQ:LSCC) – Lattice Semiconductor reported third-quarter revenue of $2.65 billion, below the estimate of $2.7 billion. Earnings were $1.06 per share, significantly below the $2.75 expectation and last year’s $8.69. With plans to cut 14% of its workforce, Lattice aims to improve profitability to single digits in 2024. Shares fell 17.2% in pre-market after closing down 0.7% on Monday.

Cleveland-Cliffs (NYSE:CLF) – Cleveland-Cliffs Inc. reported an adjusted third-quarter loss of $0.33 per share, worse than the expected $0.30 loss. Revenue was $4.57 billion, below the $4.74 billion estimate and down from $5.1 billion in the previous quarter. With reduced demand and lower prices, the company temporarily shut down Cleveland #6 blast furnace and expects sector recovery by 2025. Shares dropped 6.9% in pre-market after closing down 1.2% on Monday.

Wynn Resorts (NASDAQ:WYNN) – Wynn Resorts reported adjusted earnings of $0.90 per share, below the $1.04 estimate. Revenue was $1.69 billion, short of the expected $1.73 billion. Net loss was $32.1 million. Wynn Macau’s revenue grew 19.3%, while Las Vegas revenue dropped 1.9% to $607.17 million, driven by a 13.6% decrease in casino revenue despite a 20% increase in entertainment and retail sales. The board approved a $1 billion share buyback. Shares fell 4.5% in pre-market.

American International Group (NYSE:AIG) – AIG beat Wall Street’s expectations in the third quarter with adjusted earnings of $1.23 per share, above the $1.10 forecast. General insurance premiums rose 6%, totaling $6.38 billion, and the combined insurance ratio was 88.3%. Investment income increased 14% to $973 million, helping offset $417 million in catastrophic losses, mostly due to storms in North America.

NXP Semiconductors (NASDAQ:NXPI) – NXP Semiconductors reported adjusted third-quarter earnings of $3.45 per share, above the $3.43 estimate. Net income was $718 million, with revenue of $3.25 billion, in line with forecasts. For the next quarter, the company projects earnings of $2.93 per share and revenue between $3 billion and $3.2 billion, below analysts’ estimates due to a slowdown in the automotive sector. Weak demand, especially in Europe and the Americas, reflects challenging conditions for automotive chips, as automakers face high inventory levels and increased competition from Chinese electric vehicles.

Navitas Semiconductor (NASDAQ:NVTS) – Navitas Semiconductor reported third-quarter revenue of $21.7 million, slightly down from $22 million last year but up from $20.5 million in the previous quarter. The company recorded a GAAP operating loss of $29 million and a non-GAAP loss of $12.7 million. With $98.6 million in cash, it announced quarterly cost cuts of $2 million, including a 14% workforce reduction, targeting profitability. Shares plummeted 19.9% in pre-market after closing up 1.2% on Monday.

Teradata (NYSE:TDC) – Teradata Corporation surpassed third-quarter expectations, posting adjusted earnings of $0.69 per share, above the $0.56 estimate, with revenue of $440 million, beating the $417.71 million forecast. Public cloud ARR rose 26% year-over-year, though total ARR fell 3%. The company issued a weaker fourth-quarter outlook, expecting adjusted earnings of $0.40 to $0.44, below the $0.48 forecast.

Cirrus Logic (NASDAQ:CRUS) – Cirrus Logic reported record second-quarter revenue of $541.9 million, with GAAP earnings per share of $1.83 ($2.25 non-GAAP) and a gross margin of 52.2%. New product launches and laptop market expansion fueled the quarter. For the current quarter, the expected gross margin is 51%-53%, with revenue projected between $480 million and $540 million, while analysts surveyed by LSEG anticipated $590 million. Shares dropped 10.5% in pre-market after closing up 0.3% on Monday.

New York Times (NYSE:NYT) – In the third quarter, The New York Times reported total revenue of $640.2 million, in line with the $640.8 million estimate, driven by an 8.8% increase in digital advertising sales. Adjusted earnings were 45 cents per share, exceeding the 41-cent forecast. However, the NYT added 260,000 digital subscribers, below the expected 280,200. Fourth-quarter subscription revenue growth is projected between 7% and 9%.

Vertex Pharmaceuticals (NASDAQ:VRTX) – In the third quarter, Vertex Pharmaceuticals’ revenue rose 12% to $2.77 billion, above the $2.72 billion projection, while adjusted earnings per share reached $4.38, surpassing the $4.14 expectation. Sales of the cystic fibrosis drug Trikafta grew 13%, totaling $2.59 billion. The company raised its annual revenue forecast to between $10.8 billion and $10.9 billion, surpassing analysts’ estimates of $10.75 billion.

Sibanye-Stillwater (NYSE:SBSW) – Sibanye-Stillwater reported adjusted EBITDA of $184 million in the third quarter, a 9% increase year-over-year, driven by gold and zinc operations. South African gold operations yielded $75 million, while the zinc segment in Australia contributed $31 million, beating prior expectations. The company reported ongoing difficulties in the platinum sector, with low prices impacting margins. Shares rose 9.7% in pre-market after closing down 2.4% on Monday.

Diamondback Energy (NASDAQ:FANG) – In the third quarter, Diamondback Energy reported adjusted earnings per share of $3.38, below the $4.02 estimate. Revenue was $2.65 billion, exceeding the $2.44 billion forecast. Average production was 571,098 BOE/d, with fourth-quarter projections of 470,000-475,000 barrels of oil per day. The company generated $708 million in free cash flow during the quarter, repurchased 2.9 million shares for $515 million, and declared a quarterly dividend of $0.90 per share.

Archer-Daniels-Midland (NYSE:ADM) – Archer-Daniels-Midland (ADM) canceled its earnings call and announced a financial statement review after identifying new accounting errors, deepening a scandal that has already reduced its market value by $8 billion. ADM, facing investigations by the Justice Department and the SEC, will review financial records from recent quarters. The company also lowered its 2024 earnings projections to a range of $4.50 to $5 per share, reflecting weak demand and operational challenges. Shares fell 4.8% in pre-market after closing up 1.2% on Monday.

Marqeta (NASDAQ:MQ)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024

Marqeta (NASDAQ:MQ)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024