Tuesday had a split personality: part civics lesson, part Wall Street confessional, with very little small talk. A few big names admitted things they would rather not have, while one very large taxpayer was outed by its own paperwork.
Keep reading, because the confession that made the loudest noise was not the one you would guess, so do not skim.
Beyond Official Numbers (Sponsored)
Trump has issued his orders to the Fed: America should have the "lowest interest rates anywhere in the world." Lower rates have historically been good news for gold.
Meanwhile China keeps loading up by the tonne, officially adding 20 tonnes in July, its 21st straight month of buying. Goldman Sachs estimates the real number was 35 tonnes.
Go here for the details.
*If you would like to unsubscribe from receiving offers for Anchor Point Research, please click here. Or write to: 351 Paseo Nuevo, Floor 2, Santa Barbara, CA, US 93101.
Markets
Hedge fund Elliott warned of FOGO, or fear of getting obliterated, after posting flat third-quarter returns and a gain of under 2% through September.
Apollo Global swung to a $1.06 billion quarterly loss as revenue dropped 52%, with investment losses in its retirement arm doing the damage, and its shares slid nearly 5% in afternoon trading. Apple’s annual filing revealed it paid about $19 billion in U.S. corporate taxes last year, roughly 5% of the national total.
Wall Street treated Election Day as a breather, with the Nasdaq snapping a three-session losing streak, and history is mildly encouraging, since the S&P 500 has averaged a 0.44% gain on midterm days since 1970. Oil slipped after President Trump said military aid to Israel would end by year-end.
DJIA [-0.38%]
S&P 500 [+0.36%]
Nasdaq [+0.83%]
Russell 2000 [+0.24%]
Market-Moving News
Deals & Corporate Strategy
Unilever plans to save €1 billion by the end of 2029 by streamlining operations, removing stranded costs from its merger with McCormick, simplifying its organization, and focusing more on beauty, wellness, home care, and personal care brands.
Organigram agreed to acquire Aurora Cannabis for approximately C$561 million, combining their international cannabis production networks in a transaction expected to generate more than C$50 million in synergies, with completion targeted for January 2027.
Technology & Engineering
Docusign acquired procurement intelligence company Suplari to expand its agreement management platform, connecting supplier contracts with company spending through AI capabilities designed to help purchasing teams reduce costs, identify risks and track upcoming renewals.
Keysight introduced its compact XR3 oscilloscope for automated testing systems, packing measurement capabilities into smaller spaces with four analog channels and selectable bandwidths up to 1 GHz, while allowing multiple units to synchronize more than 100 channels.
Markets & Manufacturing
The CFTC cleared single-stock perpetual futures to begin trading on properly registered exchanges, opening another avenue for derivatives trading through contracts without expiration dates, while requiring participating commodity markets to register with the SEC.
Massimo officially launched two 2027 utility terrain vehicles at the SEMA Show, expanding its higher-displacement vehicle lineup with a shared 1,499cc engine platform, while the Sentinel model adds an enclosed four-door crew cabin, heating, air conditioning, and heated and cooled seats.
Momentum Builds Here (Sponsored)
A newly released report highlights seven stocks chosen for their near-term potential.
Selections are based on a mix of technical and fundamental indicators.
While past picks have performed well, future results are uncertain.
The report is available for a limited time.
Access the free report.
*This free resource is being sent by Zacks. We identify investment resources you may choose to use in making your own decisions. Use of this resource is subject to the Zacks Terms of Service.
*Past performance is no guarantee of future results. Investing involves risk. This material does not constitute investment, legal, accounting, or tax advice. Zacks Investment Research is not a licensed dealer, broker, or investment adviser.
Banking & Retirement
Commerce Bancshares reauthorized repurchases of up to 7.5 million shares, combining new approval with remaining capacity from its April authorization, with purchases allowed through open-market and private transactions, subject to management discretion and market conditions.
Marsh launched BrightPath to coordinate retirement services across 6 markets, bringing together existing defined contribution offerings representing $116 billion in assets under management, while helping multinational employers under local regulations.
Energy & Power
Duke Energy secured approval to lower Florida electricity rates in 2027, cutting typical January residential bills by $33 compared with January 2026 for households using 1,000 kilowatt-hours monthly, partly through a tax strategy that avoided a scheduled base-rate increase.
PowerBank secured operating approval for its 3.26-megawatt Camillus solar project in New York, turning a closed landfill into a solar site through a $7.3 million development that provides participating households with electricity-bill credits.
Top Winners and Losers
BUUU Group [BUUU] $7.38 (+28.35%)
BUUU Group, a Hong Kong outfit that designs and produces live events, is putting on a show of its own: shares are up more than 850% this year after a $6 million IPO, and today’s pop followed a 54% run in October.
Volume was lighter than usual, so this looks like momentum feeding on itself rather than fresh headlines.
Aehr Test Systems [AEHR] $65.11 (+26.50%)
Aehr Test Systems, which stress-tests AI chips before they ship, served up a quarter nobody ordered: EPS of $0.28 against $0.11 expected and revenue of $33 million against $27.5 million.
Fiscal 2027 revenue guidance rose to $150 million, backed by a $109 million backlog. The more complex AI chips get, the more burn-in testing the world seems to need.
Graphic Packaging [GPK] $11.31 (+21.22%)
Graphic Packaging was the stock everyone loved to bet against, sitting near its 52-week low with a consensus Reduce rating.
Then it delivered $2.19 billion in revenue, nudged its revenue outlook up to about $8.6 billion, and posted a second straight quarter of expanding margins. Traders positioned for more bad news got caught, and the best day in years followed.
Stevanato Group [STVN] $14.10 (-28.57%)
Stevanato beat on revenue, up 8% to 326 million euros, and still got hammered because its 2027 forecast called for only low single-digit growth and signed orders missed targets.
Engineering revenue also fell 12%. GLP-1-related demand, nearly 18% of sales, has cooled too. At roughly 35 times earnings, the stock had no room for a shrug.
BRC Inc. [BRCC] $9.77 (-22.95%)
Black Rifle Coffee missed revenue estimates at $108 million, and a net loss that widened to $8.7 million, helped by an $11.7 million impairment tied to its Outpost coffee shops, soured the brew.
It plans to close 12 Outposts, with a $3 million fourth-quarter headwind ahead. Reaffirmed full-year guidance could not calm the room.
ADTRAN Holdings [ADTN] $5.06 (-19.43%)
Adtran’s revenue barely budged, up 0.6% to $281.2 million and a touch under the midpoint of guidance, as a challenging supply environment bit.
Operating cash flow was negative $24.5 million, and fourth-quarter operating margin guidance of 1% to 5% looked thin to investors hoping the AI networking boom would show up in the numbers sooner.
Stocks close exactly flat, or swing wild and land anywhere?
Inside The Cybercab (Sponsored)
This man just got inside a Cybercab, Elon Musk’s new car that has no steering wheel or pedals.
What happens next will shock everyone.
Click here to see this exclusive footage.
Everything Else
💎 Short-term noise fades. Seven stocks with real durability and room to grow are what analysts want on the radar now.
🤖 Global AI spending could exceed $10 trillion as massive investments raise concerns about financial risks, fueling fears of potential losses if returns fail to meet expectations.
📈 The S&P 500 and Nasdaq rose as technology stocks gained ahead of U.S. midterm election results, helping Wall Street advance amid political uncertainty.
💰 Apollo Global Management reported assets reaching $1.07 trillion amid growing demand for alternative investments, highlighting continued interest in private credit and other nontraditional assets.
🎬 Disney plans several thousand layoffs and has asked some managers to reduce costs by up to 20%, extending its efforts to control spending across the entertainment business.
🔐 Binance said hackers used a fake job interview to compromise a computer before a $6.3 billion attack, exposing serious security risks tied to employee-targeted cyberattacks.
That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!
Thanks for reading. I'll see you at the next open!
Best Regards,
— Adam G.
Elite Trade Club
Click here to get our daily newsletter straight to your cell for free.
P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.



