Analyst news

• Stellantis stock rises 13% as automaker’s turnaround plan, cost cuts gain traction

  31-10-2026 22:02 via Stock Market Archives - RocketNews
  
  Stellantis shares gained 13% on Wednesday, closing at $4.69 on the New York Stock Exchange, while shares in Milan climbed 15.4% to 4.28 euros. The gains reflected investor confidence in the European automaker’s third-quarter financial performance and strategic direction under its 60 billion euro turnaround initiative.
  The company reported third-quarter revenues increased 1% to 37.6 billion euros compared to the prior year, while adjusted operating income surged 184% to 256 million euros from
  
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• Anthropic’s path to the Nasdaq just got a lot bumpier

  31-10-2026 22:01 via Stock Market Archives - RocketNews
  
  Anthropic disclosed plans for a potentially record-setting initial public offering at a precarious moment for technology stocks and AI investment sentiment. The company filed its prospectus on Monday, revealing a net loss of $80 billion for the first half of the year, along with hundreds of billions in compute commitments and extensive risk disclosures spanning more than 90 pages. Third-quarter financial results remain pending as investors evaluate the company’s trajectory.
  The timing of Anth
  
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• Reddit stock plunges 29% after weak outlook, wrapping its worst day ever

  31-10-2026 12:02 via Stock Market Archives - RocketNews
  
  Reddit experienced a sharp decline in its stock price on Friday, with shares dropping 29.22% in what constituted the steepest single-day loss since the company went public in 2024. The previous record decline had occurred on July 31, when the stock fell 20.99%.
  The sell-off followed the company’s fourth-quarter guidance released on Thursday, in which Reddit projected sales between $1 billion and $1.03 billion. This projection fell below analyst expectations of $1.05 billion. While the company
  
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