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Cisco Systems saw a nearly 2% increase in their stock following a buy upgrade from Citi to neutral, stating that artificial intelligence could play a larger role in the company’s future. Novocure’s shares surged by roughly 22% after receiving FDA approval for their Optune Lua wearable treatment for metastatic non-small cell lung cancer. Morgan Stanley experienced a more than 3% increase in shares after reporting better-than-expected quarterly results, with earnings of $1.88 per share and revenue of $15.38 billion. United Airlines also beat earnings and revenue expectations for the third quarter, leading to a 1% rise in their stock price. ASML, a Dutch chip equipment company, saw a 4% decline in shares after releasing disappointing third-quarter results, including a cut to their 2025 sales forecast. J.B Hunt Transport Services saw a more than 7% jump in shares after surpassing expectations with earnings per share of $1.49 and $3.07 billion in revenue, attributing the success to increased demand for their intermodal service.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
