🗞 Newsmakers — MID ET, 2026-11-02

📊 MARKET MACRO: S&P 500 $758.78 +0.40% Nasdaq $691.86 +0.20% Dow $522.33 +1.01% Russell 2K $281.64 +0.83% VIX $19.35 -0.36% US Dollar $28.95 -0.19% Oil $158.12 -6.34% Gold $362.81 +1.98% Bitcoin $76,990.94 -1.59% Treasuries: 10Y 4.94% 30Y 5.31% Today's Fed / econ events: 16:15 [Medium] Fed Goolsbee Speech 15:00 [Medium] ISM Manufacturing Employment (Oct) 15:00 [High] ISM Manufacturing PMI (Oct)

🔥 HOT SECTORS TODAY (the sectors to watch): Consumer Cyclical +2.46% Industrials +1.72% Consumer Defensive +1.54% Financial Services +0.93%

📰 MARKET THEMES & CATALYSTS: • Is Volatility Decay a ‘Myth' With Short & Leveraged ETFs? The concept of ‘volatility decay' has become synonymous with short and leveraged ETFs, and the term is a popular stick to beat the product class with. — etftrends.com · 11/02 12:19p https://www.etftrends.com/leveraged-inverse-content-hub/volatility-decay-myth-short-leveraged-etfs/ • These tech stocks got unfairly swept up in last week's selloff, analysts say Hardware and software stocks alike have been swept up by concerns about the sustainability of the artificial-intelligence trade — but analysts say some of those shares have been unjustly punished. — marketwatch.com · 11/02 11:50a https://www.marketwatch.com/story/these-tech-stocks-got-unfairly-swept-up-in-last-weeks-selloff-analysts-say-e296c1b3 • PEG Q3 Earnings Miss Expectations, Revenues Decrease Y/Y PEG's Q3 2026 earnings and revenues miss estimates amid declining operating income and rising costs despite higher sales volumes and nuclear generation. — zacks.com · 11/02 11:41a https://www.zacks.com/stock/news/3020712/peg-q3-earnings-miss-expectations-revenues-decrease-y-y?cid=CS-STOCKNEWSAPI-FT-analyst_blog|earnings_article-3020712 • Yes, I'm Buying The Tech Crash Recent AI and semiconductor stock corrections signal a shakeout, not the end of the AI bubble. Broadcom (AVGO) and other high-quality AI hardware names now trade at compelling valuations after sharp pullbacks. — seekingalpha.com · 11/02 11:35a https://seekingalpha.com/article/4961003-yes-im-buying-the-tech-crash • Ted Thatcher on Crude Oil's Risk to AI Growth, GOOGL & MSFT Bull Cases "Markets love gridlock," says Ted Thatcher, making a bull case for equities no matter who takes the U.S. House and Senate. The biggest headwind he sees hitting the stock market is crude oil. — youtube.com · 11/02 11:30a https://www.youtube.com/watch?v=dOM2jyPCfGI

🐘 BIG-CAP MOVERS ON NEWS (≥$10B — the MRVL-class catalysts):

1. RIVN +10% $13.38 (19B cap) Rivian Stock Can Rise More Than 30%. The R2 Isn't Just for ‘Tesla Switchers. UBS analyst Joe Spak upgraded Rivian stock to Buy from Hold. — barrons.com · 11/02 10:57a https://www.barrons.com/articles/rivian-stock-upgrade-price-r2-ev-1a2be232

2. GRAB +8% $2.92 (12B cap) Grab: Discount To Uber Makes Little Sense Mr. Market is pricing absurdly low 2031 aEBITDA for Grab Holdings Limited at this level. The Deliveries arm's profitability is near its inflection point, driven by industry consolidation in Southeast Asia. The potential fears on Mobility margins, market share loss, and Atome val… — seekingalpha.com · 11/02 11:14a https://seekingalpha.com/article/4960995-grab-discount-to-uber-makes-little-sense

3. AMZN +4% $250.90 (2705B cap) Why Amazon Stock Rallied Monday Morning Amazon stock sold off last week after the company announced plans to increase its capex. One Wall Street analyst believes the sell-off represents a compelling opportunity. — fool.com · 11/02 12:00p https://www.fool.com/investing/2026/11/02/why-amazon-stock-rallied-monday-morning/

4. SPCX +4% $140.11 (1903B cap) Why Did SpaceX Stock Just Pop? The Washington Post reports SpaceX may buy Boost Mobile. AT&T, T-Mobile, and Verizon all turned down overtures from Elon Musk. — fool.com · 11/02 11:45a https://www.fool.com/investing/2026/11/02/why-did-spacex-stock-just-pop/

5. SOFI +3% $17.33 (22B cap) Upstart Drops 5% to Near 52-Week Low Ahead of Earnings; Affirm Advances 5%, SoFi Gains 4% A day before its third-quarter report, Upstart Holdings (NASDAQ:UPST) is slipping toward the bottom of its 52-week range while two of its closest fintech rivals rally. Upstart stock is at $21.88, down 5% in morning trading. — 247wallst.com · 11/02 12:02p https://247wallst.com/investing/2026/11/02/upstart-drops-5-to-near-52-week-low-ahead-of-earnings-affirm-advances-5-sofi-gains-4/

6. NU +2% $11.88 (57B cap) Robinhood Markets vs. Nu: Two Fintech Growth Stocks, but One Looks Like a Better Bargain Robinhood generated nearly $4.5 billion in 2025 revenue, benefiting from strong trading activity and growing demand for its expanding financial services platform. Nu serves more than 140 million customers across Latin America, with revenue reaching approximately $15.9 billion in… — fool.com · 11/02 5:30a https://www.fool.com/coverage/better-buy/2026/11/02/robinhood-markets-vs-nu-two-fintech-growth-stocks-but-one-looks-like-a-better-bargain/

📈 TOP 7 GAINERS (small/mid-cap % leaders, with catalyst):

1. PERI +31% $11.43 (472M cap) Affle to acquire Perion, to scale its CPCU business across Developed markets Perion shareholders to receive US$ 11.70 per share The deal values Perion at an implied Equity value of ~US$ 420 million Combined business strengthens AI-powered consumer conversions, expands global scale, delivers measurable ROI for advertisers and sustained long-term value cre… — prnewswire.com · 11/01 11:47a https://www.prnewswire.com/news-releases/affle-to-acquire-perion-to-scale-its-cpcu-business-across-developed-markets-302925764.html

2. IDXX +20% $660.01 (52B cap) Aging Pets, Higher Testing Frequency Propel IDEXX Past Wall Street Estimates Despite Slower Clinic Traffic IDEXX Laboratories, Inc. (NASDAQ:IDXX) stock rose Monday after the company reported better-than-expected third-quarter results and raised 2026 guidance, driven by expansion of diagnostic utilization, growth in global instrument and customer base. — benzinga.com · 11/02 12:09p https://www.benzinga.com/markets/earnings/26/11/62787385/aging-pets-higher-testing-frequency-propel-idexx-past-wall-street-estimates-despite-slower-clinic-traffic

3. ULCC +18% $7.62 (1.8B cap) (no fresh news today — likely technical / low-coverage move)

4. CCXIU +17% $10.49 (440M cap) (no fresh news today — likely technical / low-coverage move)

5. NXT +16% $92.23 (14B cap) Here is What to Know Beyond Why Nextpower Inc. (NXT) is a Trending Stock Nextpower (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. — zacks.com · 11/02 10:01a https://www.zacks.com/stock/news/3020377/here-is-what-to-know-beyond-why-nextpower-inc-nxt-is-a-trending-stock?cid=CS-STOCKNEWSAPI-FT-fundamental_analysis|most_searched_stocks-3020377

6. NWL +15% $5.97 (2.5B cap) (no fresh news today — likely technical / low-coverage move)

7. TATT +14% $36.33 (472M cap) TAT Technologies Ltd. (TATT) Beats Q3 Earnings and Revenue Estimates TAT Technologies Ltd. (TATT) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.38 per share. — zacks.com · 11/02 12:20p https://www.zacks.com/stock/news/3020756/tat-technologies-ltd-tatt-beats-q3-earnings-and-revenue-estimates?cid=CS-STOCKNEWSAPI-FT-fundamental_analysis|yseop_template_4-3020756

— auto-generated, alert-only (not investment advice). 'No fresh news' = likely a technical/low-float move, not a catalyst.