U.S. Movers: Alphabet, Boeing, Generac

The U.S. Justice Department sought the breakup of Alphabet, the parent company of Google, alleging its unlawful monopoly in search. Boeing withdrew its pay hike offer as the machinists strike continued.

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U.S. Movers: Bank of America, China-linked ADRs, DocuSign, MDU Resources, PepsiCo

PepsiCo tightened its annual organic revenue outlook. DocuSign was selected to replace MDU Resources in the S&P MidCap Index. China-linked stocks turned sharply lower after Chinese authorities delayed additional stimulus measures.

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U.S. Movers: AIG, Allstate, Arcadium Lithium, Chubb, Generac, Universal Insurance

Arcadium Lithium soared in heavy trading volume after mining giant Rio Tinto expressed its interest in acquiring the company. Catastrophe insurance companies declined after Hurricane Milton strengthened into a Category 4 storm. 

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U.S. Movers: Bank of America, Berkshire Hathaway, Oil Stocks, Hims & Hers, Levi Strauss, Nvidia

Berkshire Hathaway trimmed its Bank of America holding to 10.2%. Oil complex stocks extended weekly gains amid escalating tensions in the Middle East. Levi Strauss reported mixed results.

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U.S. Movers: China ADRs, Eli Lilly, Nike, Tesla

Nike withdrew its annual outlook and reported weaker-than-expected quarterly results. Tesla reported higher production and deliveries of electric vehicles in the third quarter. Eli Lily announced its plans to nearly double its investment in a new research and manufacturing facility in Indiana. 

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U.S. Movers: Charles Schwab, McCormick & Co, Stellantis

Charles Schwab announced its current chief executive will retire at the end of the year. McCormick & Company reiterated its annual revenue and operating profit outlook. Stellantis extended production halt for its electric Fiat 500 till the end of next month.

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U.S. Movers: AT&T, China ADRs, Nio, Stellantis, Volkswagen

AT&T sold its stake in DirectTV to TPG, and the private equity group agreed to acquire Dish TV and Sling TV and merge the two satellite TV companies. Stellantis lowered its annual outlook, citing global sales weakness.

U.S. Movers: China-linked ADRs, Micron Technology, Southwest Airlines

Southwest Airlines announced a host of changes to its business model and raised its revenue outlook for the third quarter. Micron Technology estimated higher earnings and revenue in the current quarter, backed by solid demand for artificial intelligence applications. 

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U.S. Movers: Bank of America, China ADRs, KB Home, Progress Software, SAP

KB Home reported weaker-than-expected quarterly results. Progress Software's revenue and adjusted earnings were ahead of market expectations in its latest quarter. Berkshire Hathaway lowered its stake in Bank of America. 

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U.S. Movers: AAR, China ADRs, Caterpillar, Snowflake

China-linked were in focus after the People's Bank of China announced several stimulus measures to revive faltering economic growth and support investor confidence and property market activities. AAR Corp. said it swung to net profit in its latest quarter. Snowflake announced its plans to raise $2 billion. 

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U.S. Movers: Chewy, FedEx, MillerKnoll, Nike

FedEx reported sharply lower earnings in the latest quarter, and the parcel delivery company lowered its annual outlook. MillerKnoll swung to a loss after revenue declined in the latest quarter.

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U.S. Movers: Darden Restaurants, Home Builders, SLB, Steelcase, Tech Stocks

Steelcase reported weaker-than-expected quarterly results. Darden Restaurants' quarterly results fell short of market expectations, but the company reiterated its annual sales and earnings outlook. Home builders surged in the hopes of lower mortgage rates after the Fed delivered a surprise jumbo-sized rate cut.

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U.S. Movers: Casella Waste Systems, General Mills, Intuitive Machines

Casella Waste Systems announced its plans to launch a secondary stock offering. General Mills reported a decline in quarterly earnings after input costs rose. Intuitive Machines won a large order from NASA for a space exploration project. 

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U.S. Movers: Hewlett Packard Enterprise, Intel, Microsoft

Microsoft announced a new stock buyback program and hiked its quarterly dividend. Intel plans to create a new entity for its foundry business, enabling the unit to access more capital.

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U.S. Movers: Adobe, Boeing, RH

RH, the furniture retailer, reported better-than-expected quarterly results and indicated strong revenue growth in the current quarter. Adobe reported weaker-than-expected quarterly results.

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