Tech Stocks Pull the Nasdaq Lower in the Stock Market Today, November 2, as Oil Tumbles
Investors moved money from tech to other parts of the market, pulling the Nasdaq and S&P 500 lower at the close, CNBC reported. Oil tumbled on hopes of US and Iran peace talks, and the Dow rose. Apple and Palantir were lower after hours at 7:00 p.m. ET after their results. Marvell agreed to buy Lumentum, yet both stocks fell.
The short answer. Tech stocks pulled the Nasdaq Composite down 1.07% and the S&P 500 down 0.51% by the close, while the Dow rose and oil tumbled, CNBC reported at 4:02 p.m. ET. After Marvell’s stock fell, its stock offer for Lumentum was worth about $771 a share at the close, down from about $1,132 on October 28 prices. After the close, Apple and Palantir reported higher sales, but both stocks were lower after hours at 7:00 p.m. ET; CNBC tied Apple’s drop to a weak forecast for its gross margin.
The market at the close, Monday
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Live updates
Each update carries its time, and the newest comes first.
7:04 p.m. ET
Stock futures are little changed as Apple and Palantir trim their after-hours losses
S&P 500 futures were little changed on Monday evening, up 0.1%, CNBC reported at 6:47 p.m. ET. Nasdaq-100 futures rose 0.3%, and Dow futures gained 24 points. Investors weighed Apple’s results and waited for Tuesday’s midterm elections, CNBC said.
Apple and Palantir trimmed their after-hours losses. At 7:00 p.m. ET, Apple was 2.65% below its regular session close, and Palantir was 2.94% below its close. CNBC said Apple’s iPad sales in its fiscal fourth quarter fell short of analysts’ estimates.
Backblaze was up 38.65% at 7:00 p.m. ET and stayed the biggest gainer on StockTitan’s after-hours board.
6:05 p.m. ET
Apple and Palantir turn lower after hours following their results
Apple and Palantir gave up their small after-hours gains and turned lower. Apple was 3.17% below its regular session close at 6:00 p.m. ET, and Palantir was 3.61% lower.
Apple’s stock dropped on a weak forecast for its gross margin, a measure of how profitable its products are, CNBC reported at 6:00 p.m. ET. Apple gave the forecast for the December quarter on its earnings call, CNBC said.
Backblaze extended its gain to 36.70% at 6:00 p.m. ET and stayed the biggest gainer on StockTitan’s after-hours board.
5:05 p.m. ET
Apple and Palantir edge higher after hours following their results
After the close, Apple and Palantir reported their quarterly results, and both stocks edged higher in after-hours trading. Apple was 0.53% above its regular session close at 5:02 p.m. ET, and Palantir was 1.32% higher.
Apple said its revenue rose 12% to $114.5 billion in its fiscal fourth quarter, which ended in September, capping what it called its best fiscal year ever (Apple release). Palantir said its third-quarter revenue rose 96% to $2.313 billion, and it raised its 2026 revenue forecast (Palantir release).
Backblaze was the biggest gainer on StockTitan’s after-hours board, up 24.49% at 5:00 p.m. ET after its results. Aehr Test Systems and Fabrinet also rose after their results.
4:05 p.m. ET
The Nasdaq ends 1% lower as tech stocks fall again, while the Dow gains
Tech stocks kept falling into the close, and the Nasdaq Composite ended the day down 1.07%, CNBC reported at 4:02 p.m. ET. The S&P 500 lost 0.51%, while the Dow rose 0.42%, or about 215 points, CNBC said.
Brent crude closed 7.63% lower at $104.77 a barrel, CNBC said. The QQQ fund, which tracks the Nasdaq-100, closed 1.36% lower. Marvell and Lumentum both closed sharply lower.
EVgo’s board set up a special committee of independent directors to review LS Power’s $2.00 a share proposal, the company said at 3:45 p.m. ET. It has made no decision on its response (EVgo release). Apple and Palantir report their results after the close.
3:04 p.m. ET
The Nasdaq and the S&P 500 turn lower as investors sell tech stocks
The Nasdaq Composite and the S&P 500 gave up their gains and turned lower as investors kept moving out of tech stocks, CNBC reported. The Nasdaq was down 0.6% and the S&P 500 0.2% at 3:01 p.m. ET. The Dow was up 0.6%, or 328 points, helped by Sherwin-Williams and Home Depot, among other old economy stocks, CNBC said.
Earlier in the day the Nasdaq had been up as much as 1.4% and the S&P 500 as much as 1.1%, CNBC said. The QQQ fund, which tracks the Nasdaq-100, was down 0.77% at 3:02 p.m. ET.
Apple, which reports its quarterly results after the close, was 2.10% lower at 3:02 p.m. ET. Marvell was 13.03% lower and Lumentum 17.15% lower at the same minute. Oracle was down 8.53% at 3:02 p.m. ET.
2:03 p.m. ET
Tech stocks pull the Nasdaq close to flat as the Dow holds its gain
Tech stocks kept falling in the last hour, and the Nasdaq Composite’s gain shrank to 0.1%, CNBC reported. The S&P 500 was up 0.2% and the Dow 0.9%, or 481 points, CNBC said at 1:56 p.m. ET.
Investors moved into other parts of the market, CNBC said. Consumer discretionary stocks, from companies that sell things people can put off buying, gained 3%. Financial and industrial stocks rose more than 1%, CNBC said. The QQQ fund, which tracks the Nasdaq-100, had turned lower, down 0.34% at 2:01 p.m. ET.
Marvell was 10.98% lower at 2:01 p.m. ET and Lumentum 17.44% lower a minute later. Oracle was down 7.24% at 2:01 p.m. ET.
1:03 p.m. ET
Stocks give back more of their gains as tech stocks slip again
Stocks gave back more of their gains in the last hour as tech stocks came under pressure again, CNBC reported. The S&P 500 and the Nasdaq Composite were each up 0.3%, and the Dow 0.9%, CNBC said at 12:55 p.m. ET.
Oil stayed more than 7% lower, with Brent crude at around $104 a barrel, CNBC said. Consumer discretionary stocks still led the market. These companies sell things people can put off buying. They were up 3% as a group, and materials stocks gained 2%, CNBC said.
Marvell was 9.48% lower at 1:01 p.m. ET and Lumentum 15.19% lower. Oracle was down 6.38% at 1:01 p.m. ET.
12:04 p.m. ET
Stocks keep smaller gains as oil falls 7% and construction spending drops
Stocks gave back part of their gains in the last hour but stayed higher. The S&P 500 was up 0.6%, the Nasdaq Composite 0.7% and the Dow 1.1%, CNBC reported at 11:55 a.m. ET. At 10:42 a.m. ET the S&P 500 had been up 1%.
Oil fell further. Brent crude was down more than 7% at around $104 a barrel, CNBC said. Consumer discretionary companies sell goods and services people can put off buying. Their stocks led the market, gaining nearly 4% as a group, CNBC said. Healthcare and utility stocks lagged.
Spending on construction fell 1.9% in September from August, the Census Bureau reported. Spending on homes dropped 5.5% (Census Bureau construction spending release). Economists polled by Dow Jones had expected total construction spending to rise 0.4%, CNBC said.
Marvell fell further, and was 8.11% lower at 12:02 p.m. ET. Lumentum was 13.42% lower.
11:04 a.m. ET
Stocks extend their gains as a factory report beats forecasts
Stocks added to their gains in the last hour, and US factories reported a better month than expected. The S&P 500 was up 1%, the Nasdaq Composite 1.3% and the Dow 1.1%, CNBC reported at 10:42 a.m. ET.
The Institute for Supply Management’s manufacturing index rose 1 point to 55.5 in October, CNBC reported. Economists polled by Dow Jones expected 54.5, CNBC said. Production picked up, and the survey’s prices index eased.
Oracle stayed lower, down 5.82% at 11:01 a.m. ET. CNBC said its plan to sell $10 billion of stock and $10 billion of bonds kept enthusiasm in check.
10:04 a.m. ET
Stocks open higher as oil tumbles, and the Dow gains 1%
Stocks opened higher, keeping the gains futures showed before the bell. The S&P 500 was up 0.6%, the Nasdaq Composite 0.8% and the Dow 1%, CNBC reported at 9:58 a.m. ET.
Lumentum and Marvell fell further after the open. Lumentum was 11.10% lower at 10:00 a.m. ET, and Marvell was 6.39% lower at 10:01 a.m. ET (Marvell and Lumentum release).
Once Upon a Farm was the biggest decliner on StockTitan’s movers board, 30.43% lower at 10:00 a.m. ET. On Friday it recalled a snack bar for toddlers (Once Upon a Farm release).
9:04 a.m. ET
Oil drops more than 6% on peace talk reports, and stock futures firm up
Oil fell further in the last hour, and stock futures gained more ground. Brent crude was down 6.1% after reports that Iran’s supreme leader gave the government some authority to hold peace talks, CNBC reported at 8:57 a.m. ET. S&P 500 futures were 0.5% higher and Nasdaq-100 futures 0.8% higher, CNBC said.
Oracle said it is selling $10 billion of new common stock, alongside a sale of bonds (Oracle offering filing). Its shares were 2.99% lower at 9:00 a.m. ET.
Lumentum fell further after agreeing to be bought by Marvell, and was 5.33% lower at 9:00 a.m. ET. Marvell was down 2.00% at 9:01 a.m. ET.
8:05 a.m. ET
Marvell agrees to buy Lumentum as stock futures keep most of their gains
Stock futures kept most of their early gains as a chip deal joined the oil story. S&P 500 futures were 0.4% higher and Nasdaq-100 futures 0.7% higher, CNBC reported in an update at 7:51 a.m. ET. Marvell Technology agreed to buy Lumentum, which makes lasers and optical parts for AI data centers, paying 4.5 Marvell shares for each Lumentum share (Marvell and Lumentum release).
The companies put Lumentum’s enterprise value, which counts debt as well as shares, at $115 billion. Both stocks were slightly lower before the open, Lumentum by 1.51% and Marvell by 0.40% at 8:00 a.m. ET.
EVgo, the electric car charging company, was up 42.21% at 8:00 a.m. ET. LS Power, which controls about 57% of its votes, proposed to buy the rest of its class A shares for $2.00 each in cash, a filing shows (EVgo shareholder filing).
6:45 a.m. ET
Stock futures rise as oil falls and AI stocks rebound before the open
The week starts with a bounce. Crude oil is down more than 4% and stock futures are up, a turn from last week, when selling in tech stocks gave the major indexes a losing week. S&P 500 futures were 0.5% higher and Nasdaq-100 futures 0.8% higher at 6:25 a.m. ET, CNBC reported.
The SPY fund, which tracks the S&P 500, was up 0.55% at 6:40 a.m. ET in pre-market trading. Perion jumped after agreeing to be bought for cash (Perion release). Inovio more than tripled from Friday’s close, to $2.05 at 6:42 a.m. ET. Late Friday it announced that the FDA approved its treatment for a rare airway disease, which it calls the first approved DNA medicine (Inovio release).
Why is the stock market mixed today
Oil fell sharply on hopes of US and Iran talks, CNBC reported. In the afternoon, investors moved money out of tech stocks, and the Nasdaq and the S&P 500 closed lower while the Dow ended higher.
Start with oil. Brent crude, the world benchmark, closed 7.63% lower at $104.77 a barrel, CNBC reported at 4:02 p.m. ET. The drop came on hopes that the US and Iran may resume peace talks, CNBC said. Secretary of State Marco Rubio said over the weekend that Washington would prefer to resolve the conflict “peacefully,” according to CNBC. Oil then fell further on reports that Iran’s supreme leader gave the government some authority to hold peace talks, CNBC said.
Two big oil producers fell. Occidental was down 5.12% and Exxon Mobil down 4.02% at 3:59 p.m. ET, in the last minute of trading.
Airline stocks rose. United closed 4.80% higher and American Airlines 3.81% higher. Delta was up 4.17% at 3:59 p.m. ET.
Tech stocks kept falling as investors moved money into other parts of the market, CNBC reported at 4:02 p.m. ET, naming Marvell, Lumentum and Oracle among the decliners. Investors are still looking hard at companies tied to the AI buildout after the major indexes had a losing week, CNBC said. Nvidia closed 1.26% lower, while Amazon held on to a 2.20% gain. Deutsche Bank raised its view of tech stocks back to overweight, CNBC said. Overweight means it expects them to beat the wider market. In other AI news, Anthropic, the maker of Claude, updated its IPO filing.
The gains faded after the morning. The S&P 500 was up 1% at 10:42 a.m. ET and closed 0.51% lower, CNBC reported. The Dow held on to its gain. Paint maker Sherwin-Williams rose 5.6% and Home Depot gained 3.3% in the afternoon, helping lift the Dow, CNBC reported. Two reports on the economy pointed different ways. The ISM index of factory activity beat forecasts, CNBC reported. Construction spending fell 1.9% in September (Census Bureau release). Economists polled by Dow Jones had expected a rise, CNBC said.
Before the open, tech companies made up 8 of the 15 biggest gainers on StockTitan’s pre-market board at 6:31 a.m. ET. Four of them make chips or the materials and test gear chips need.
Show the data
| Category | Change |
|---|---|
| SK hynix | +4.60% |
| CoreWeave | +3.34% |
| Nebius | +2.76% |
| Micron | +2.39% |
| AMD | +1.72% |
| Nvidia | +1.37% |
| Chevron | -0.87% |
| Exxon Mobil | -1.19% |
| ConocoPhillips | -1.25% |
| Devon Energy | -1.65% |
| Occidental | -1.85% |
October, which ended with Friday’s selling, set the scene. The Nasdaq and the S&P 500 both lost ground in the month, and CNBC said the Nasdaq suffered its worst losses since March 2025. The Dow rose almost 2% in October as money moved into steadier areas like healthcare.
Why is Marvell buying Lumentum
Marvell agreed to buy Lumentum for stock, in a deal that gave Lumentum a $115 billion enterprise value on October 28 prices, debt included. The two companies say AI data centers are moving from copper wires to light.
Marvell makes chips that connect computers and move data between them. Lumentum makes lasers and optical parts that send data as light. The companies say AI systems need more bandwidth than copper wires can carry, so the industry is shifting to optical links (Marvell and Lumentum release).
Lumentum shareholders will get 4.5 Marvell shares for each share they own. The companies valued that at about $1,132 a Lumentum share, a 23.9% premium. The $1,132 value uses Marvell’s October 28 closing price, and the premium compares it with Lumentum’s close that day. October 28 was the last trading day before market talk of a deal began, the companies said.
On Monday, Lumentum closed 18.59% lower and Marvell 12.72% lower. Marvell’s stock has fallen since October 28, when it closed at $251.65. At Monday’s close, the 4.5 Marvell shares offered for each Lumentum share were worth about $771. Lumentum closed at $684.40, about 11% below that value.
After the deal, Marvell’s current shareholders will own about 67% of the combined company. The companies expect it to close in the first half of 2028. It needs votes by both companies’ shareholders and regulators’ approval.
Why is EVgo stock up today
EVgo’s controlling shareholder, LS Power, proposed to buy the class A shares it does not own for $2.00 each in cash. The stock jumped toward that price on Monday.
EVgo closed at $1.85, still below the proposed price. LS Power controls about 57% of the votes at EVgo’s shareholder meetings, a filing shows (EVgo shareholder filing).
EVgo said on Monday afternoon that its board set up a special committee of independent directors to review the proposal. The proposal is not binding, and the board has made no decision on its response (EVgo release).
Why is Perion stock up today
Perion agreed to sell itself to Affle, a mobile advertising company, for $11.70 a share in cash. The stock jumped about 31% toward that price.
Perion, an ad technology company that helps brands run digital ads, closed 31.15% higher in regular trading. On Sunday it signed a deal for Affle to buy it for $11.70 a share in cash, a 34.5% premium to Friday’s close (Perion release). The deal values Perion’s shares at about $420 million.
The stock closed at $11.41, a little below the offer. The deal is expected to close in early 2027. It needs a vote of Perion’s shareholders and the end of the US antitrust waiting period.
Perion can also look for a better offer until December 11, 2026, under what the deal calls a go-shop period. Citibank is lending money for the purchase, and the deal does not depend on that financing (Perion release).
Why is Inovio stock up today
Inovio announced on Friday evening, after the market closed, that the FDA had approved its treatment for a rare airway disease. The stock closed Monday at more than three times Friday’s closing price.
Inovio closed at $1.89 on Monday, up from Friday’s close of about 60 cents. The FDA gave accelerated approval to VOCERYQ for adults with recurrent respiratory papillomatosis, a rare airway disease that often requires surgery, the company said (Inovio release).
Inovio says it is the first DNA medicine the FDA has approved. Under this accelerated approval, continued approval may depend on a further study, and the FDA requires Inovio to submit a draft plan for it by the end of 2026. The company expects to take orders and ship in about 60 days, with its medical and commercial field teams fully deployed in the first quarter of 2027.
Biggest stock movers today and why
Once Upon a Farm fell after a product recall, and Kosmos Energy and Check Point fell after their quarterly results. IDEXX rose after raising its yearly outlook, and Tempus after raising its revenue forecast. After the close, Backblaze, Aehr Test Systems and Fabrinet rose after their results.
Kosmos Energy, which produces oil and gas off West Africa and in the Gulf of America, was down 13.51% at 3:59 p.m. ET. It reported a third-quarter net loss of $43 million this morning and an adjusted profit of $35 million, a measure that leaves out some items (Kosmos release).
Kosmos also expects to produce 60,000 to 64,000 barrels of oil equivalent a day in the fourth quarter, down from about 69,200 in the third. It said maintenance, a well repair and hurricane downtime will affect its Gulf of America output.
Check Point, the cybersecurity company, closed 6.98% lower. Its third-quarter revenue fell 1% from a year earlier to $670 million. Chief executive Nadav Zafrir said he believes revenue hit its low point in the third quarter, adding that “the recovery is taking longer than anticipated” (Check Point release).
Once Upon a Farm, which makes organic food for young children, was down 37.22% at 3:59 p.m. ET. On Friday evening it recalled its Tractor Wheels soft-baked bars because of a possible choking hazard for toddlers, after three consumer complaints (Once Upon a Farm release).
On the way up, IDEXX Laboratories, which makes diagnostic tests for pets, closed 21.85% higher. Its third-quarter revenue rose 10% to $1.21 billion, and it raised its 2026 forecast for revenue and earnings per share (IDEXX release).
Tempus AI, a precision medicine company that uses AI, closed 8.67% higher. Its third-quarter revenue rose 23% to $411.5 million, and it raised its 2026 revenue forecast (Tempus release).
XPeng was 5.92% higher at 3:59 p.m. ET. The Chinese electric car maker reported record deliveries of 50,237 vehicles in October, up 20% from a year earlier (XPeng release).
Oracle is selling $10 billion of new common stock alongside a sale of bonds (Oracle offering filing). CNBC said the sale comes amid concerns about whether enough money is available to fund the AI buildout.
Compass Pathways closed 27.31% lower, Precigen 25.94% lower and Sigma Lithium 25.57% lower.
Estée Lauder also reported its quarterly results this morning.
Backblaze, Aehr Test Systems and Fabrinet rose after hours following their results. Backblaze, a cloud storage company, said its third-quarter revenue grew 26% to $46.7 million (Backblaze release). Aehr Test Systems, which makes equipment that tests chips, reported record quarterly revenue of $33.0 million, up 200% (Aehr release). Fabrinet, which makes optical and electronic parts for other companies, reported record quarterly revenue of $1.47 billion, up 51% (Fabrinet release).
| Company | Move | Why |
|---|---|---|
| EVgo (EVGO) | +46.83%, regular session close | LS Power, which controls about 57% of its votes, proposed to buy the rest of its class A shares for $2.00 each in cash (filing). |
| Perion (PERI) | +31.15%, regular session close | Agreed to be bought by Affle for $11.70 a share in cash, a 34.5% premium to Friday’s close (release). |
| IDEXX Laboratories (IDXX) | +21.85%, regular session close | Reported third-quarter revenue up 10% to $1.21 billion and raised its 2026 revenue and earnings per share forecast (release). |
| TAT Technologies (TATT) | +17.64%, regular session close | Reported record third-quarter revenue of $55.6 million this morning, up 20.2% from a year earlier (release). |
| Tempus AI (TEM) | +8.67%, regular session close | Reported third-quarter revenue up 23% to $411.5 million and raised its 2026 revenue forecast (release). |
| XPeng (XPEV) | +5.92%, regular session, 3:59 p.m. ET | Reported record October deliveries of 50,237 vehicles, up 20% from a year earlier (release). |
| Once Upon a Farm (OFRM) | -37.22%, regular session, 3:59 p.m. ET | Recalled its Tractor Wheels bars on Friday evening because of a possible choking hazard for toddlers (release). |
| Lumentum (LITE) | -18.59%, regular session close | Agreed to be bought by Marvell for 4.5 Marvell shares per Lumentum share (deal release), and reported fiscal first-quarter revenue of $1.26 billion (results release). |
| Marvell Technology (MRVL) | -12.72%, regular session close | Agreed to buy Lumentum in an all-stock deal expected to close in the first half of 2028 (release). |
| Kosmos Energy (KOS) | -13.51%, regular session, 3:59 p.m. ET | Reported a third-quarter net loss of $43 million and adjusted net income of $35 million this morning (release). |
| Oracle (ORCL) | -8.72%, regular session, 3:59 p.m. ET | Is selling $10 billion of new common stock alongside a bond sale (filing). |
| Check Point (CHKP) | -6.98%, regular session close | Reported third-quarter revenue down 1% to $670 million this morning (release). |
| Backblaze (BLZE) | +38.65%, after hours, 7:00 p.m. ET | Reported third-quarter revenue up 26% to $46.7 million after the close (release). |
| Aehr Test Systems (AEHR) | +14.24%, after hours, 7:00 p.m. ET | Reported record fiscal first-quarter revenue of $33.0 million, up 200%, after the close (release). |
| Fabrinet (FN) | +10.90%, after hours, 7:00 p.m. ET | Reported record fiscal first-quarter revenue of $1.47 billion, up 51%, after the close (release). |
Source: StockTitan real-time Nasdaq data, November 2, 2026, against each stock’s October 30 close. Rows timed 3:59 p.m. ET show the last minute of trading. After-hours rows are measured against each stock’s November 2 regular session close. Company releases and filings are linked in each row.
What to watch for the rest of the day
Apple and Palantir reported after the close, and after-hours trading runs until 8:00 p.m. ET. Later this week come the midterm elections and the October jobs report.
- Tonight: after-hours trading runs until 8:00 p.m. ET, so Apple and Palantir shares can still move before Tuesday’s open. More companies report their quarterly results through the week.
- Later this week: the midterm elections on Tuesday, as CNBC noted, and the October jobs report on Friday at 8:30 a.m. ET (Bureau of Labor Statistics schedule). Economists polled by Dow Jones expect 55,000 new jobs.
Our numbers
The counts cover the 15 biggest gainers on StockTitan’s 6:31 a.m. ET pre-market board.
- 8 of 15: the tech companies among the 15 biggest gainers on StockTitan’s 6:31 a.m. ET pre-market board, by StockTitan’s sector data (Braiin, SK hynix, LG Display, ASE Technology, Securitize, CoreWeave, AXT and Aehr Test Systems).
- 4 of 8: those tech gainers that make chips or chip materials and test gear (SK hynix, ASE Technology, AXT and Aehr Test Systems), by StockTitan’s industry data.
- 0.55%: the SPY fund’s pre-market gain at its 6:40 a.m. ET trade, against its October 30 close of $755.72.
- 1.36%: the QQQ fund’s decline at its official November 2 close of $681.09, against its October 30 close of $690.49.
- Marvell’s 12.72% decline: its official November 2 close of $171.41 against its official October 30 close of $196.40. Inovio’s $1.89 is its official November 2 close.
- About $771: 4.5 times Marvell’s $171.41 close. Lumentum’s $684.40 close was about 11% below that value. Marvell’s $251.65 is its official October 28 close.
- EVgo’s $1.85, Perion’s $11.41 and the Compass Pathways, Precigen and Sigma Lithium declines: each stock’s official November 2 close against its October 30 close.
- The oil producer moves in the chart: each stock’s latest pre-market trade by 6:42 a.m. ET. A move “at the close” or a stock that “closed” uses its official November 2 close. A move at 3:59 p.m. ET uses the stock’s last trade in that minute. All are measured against each stock’s official October 30 close.
- After-hours moves: StockTitan’s after-hours board or the stock’s latest trade at the time named, each against its November 2 regular session close.
- The movers board lists only stocks above minimums for company value, shares traded and share price, so Inovio, which more than tripled, is not on it.
Frequently asked questions
What is moving the stock market today?
Oil prices and tech stocks are. Oil dropped 7.63% on Monday, November 2, on hopes of US and Iran peace talks, CNBC reported. Investors moved money out of tech stocks, and the S&P 500 closed 0.51% lower after a 1% gain in the morning, while the Dow ended higher, CNBC said. A report showed US factories doing better in October than economists expected, while construction spending fell in September. After the close, Apple and Palantir reported results, and both stocks were lower after hours at 7:00 p.m. ET.
Why is Inovio (INO) stock up today?
Inovio closed at $1.89 on November 2, more than three times its October 30 close of about 60 cents. On Friday evening it announced that the FDA had given accelerated approval to its treatment for recurrent respiratory papillomatosis, a rare disease of the airways. Inovio says it is the first DNA medicine the FDA has approved.
Why is EVgo (EVGO) stock up today?
EVgo closed 46.83% higher in regular trading on November 2. LS Power, which controls about 57% of its votes, proposed that morning to buy the rest of its class A shares for $2.00 each in cash. EVgo’s board set up a special committee to review the proposal. LS Power said it may change or withdraw the proposal.
Why is Perion (PERI) stock up today?
Perion closed 31.15% higher in regular trading on November 2. It agreed on Sunday to be bought by Affle for $11.70 a share in cash, a 34.5% premium to its October 30 close. The deal is expected to close in early 2027.
Why is Kosmos Energy (KOS) stock down today?
Kosmos Energy was 13.51% lower at 3:59 p.m. ET in regular trading on November 2. It reported a third-quarter net loss of $43 million that morning, or $35 million of profit on its adjusted measure, and expects lower production in the fourth quarter.
Why is Once Upon a Farm (OFRM) stock down today?
Once Upon a Farm was 37.22% lower at 3:59 p.m. ET in regular trading on November 2. On Friday evening, October 30, it recalled its Tractor Wheels soft-baked bars because of a possible choking hazard for toddlers, after three consumer complaints.
Why is Oracle (ORCL) stock down today?
Oracle was 8.72% lower at 3:59 p.m. ET in regular trading on November 2. It is selling $10 billion of new common stock alongside a sale of bonds, its offering filing shows. CNBC said the sale comes amid concerns about whether enough money is available to fund the AI buildout.
Why is IDEXX Laboratories (IDXX) stock up today?
IDEXX Laboratories closed 21.85% higher in regular trading on November 2. That morning it reported third-quarter revenue up 10% to $1.21 billion and raised its 2026 forecast for revenue and earnings per share.
Sources
- StockTitan: live market coverage, October 30, 2026
- StockTitan: Estée Lauder fiscal first-quarter 2027 results article
- StockTitan: Earnings Calendar for the Week of November 2, 2026
- Marvell and Lumentum combination release, November 2, 2026
- Lumentum fiscal first-quarter 2027 results release
- EVgo Schedule 13D amendment by LS Power, November 2, 2026
- EVgo release on the LS Power proposal, November 2, 2026
- TAT Technologies third-quarter 2026 results release
- Perion merger agreement release, November 1, 2026
- Affle release on the Perion deal, November 1, 2026
- Kosmos Energy third-quarter 2026 results release
- Check Point third-quarter 2026 results release
- XPeng October 2026 delivery results release
- Oracle prospectus supplement naming its $10 billion stock offering, November 2, 2026
- StockTitan: Oracle stock sale article, November 2, 2026
- StockTitan: Marvell and Lumentum deal article, November 2, 2026
- StockTitan: Anthropic updated IPO filing article, November 2, 2026
- IDEXX Laboratories third-quarter 2026 results release
- Tempus AI third-quarter 2026 results release
- Once Upon a Farm Tractor Wheels recall release, October 30, 2026
- Inovio FDA accelerated approval release, October 30, 2026
- Apple fiscal fourth-quarter 2026 results release, November 2, 2026
- StockTitan: Apple fiscal fourth-quarter 2026 earnings article, November 2, 2026
- Palantir third-quarter 2026 results release, November 2, 2026
- StockTitan: Palantir third-quarter 2026 earnings article, November 2, 2026
- Backblaze third-quarter 2026 results release, November 2, 2026
- Aehr Test Systems fiscal first-quarter 2027 results release, November 2, 2026
- Fabrinet fiscal first-quarter 2027 results release, November 2, 2026
- Bureau of Labor Statistics, Employment Situation release schedule
- Census Bureau, Monthly Construction Spending, September 2026, released November 2, 2026
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