Friday arrived with a surprise for the pessimists and a question mark for the optimists, which is rare. A few headline-makers spent the day either getting doubted or doing the doubting, and the mood in the AI corner softened just enough to notice for a day. 

Read on to see which story deserves the most attention heading into the weekend.

Three Risks Ahead (Sponsored)

In 2027, a portfolio could be hit from three directions: a falling dollar, a turning economy, or the AI trade breaking.

I'll take the 10-stock list.

Most investors watch one. The free 2027 Outlook from Good Morning Alerts covers all three.

Open the full 2027 Outlook.

10 stocks with real cash flow, pricing power and sturdy balance sheets. Every name and ticker.

Get me all 10 names.

*This ad is sent on behalf of Guardian Financial Publishing LLC, doing business as Stable Financial Publishing, 1013 Centre Road Suite 403-D, Wilmington, DE 19805. Nothing here is investment, financial, legal, or tax advice, and it is not a recommendation or solicitation to buy or sell any security. Investing involves substantial risk, including loss of principal; past performance (including the Nvidia figures cited) does not guarantee future results. Analyst price targets are from published third-party research as of September–October 2026, are not forecasts by Stable Financial Publishing, and may change. Spending figures are third-party projections. Nvidia is a trademark of NVIDIA Corporation. References to Nvidia, Google, Meta and OpenAI are for informational purposes only; Stable Financial Publishing is not affiliated with, endorsed by, or sponsored by any of them. Stable Financial Publishing, its owners, employees and contributors may hold positions in securities mentioned and may trade them at any time. If you no longer wish to receive these offers. Privacy: https://guardian.pub/privacy-policy/ · Terms: https://guardian.pub/terms-of-service/

Markets

October’s jobs report blew past forecasts, with employers adding 165,000 positions against a consensus of 59,000 and the unemployment rate slipping to 4.1%. That lifted the odds of a December Fed rate hike to about 78%, from 67% a day earlier.

Anthropic’s blockbuster IPO, aimed for the week before Thanksgiving, faces skeptics who doubt a $1.5 trillion valuation after the AI selloff. Wendy’s turned down a $1.4 billion take-private offer from a group led by Nelson Peltz.

Texas power giant Vistra rallied 10% after sliding 19% on data center worries, and Airbnb raised its outlook as demand picked up. The week still ended with all three major indexes lower, though chip and AI stocks bounced back. Next week’s inflation data could shape rate-hike bets.

  • DJIA [-0.46%]

  • S&P 500 [+0.31%]

  • Nasdaq [+1.09%]

  • Russell 2000 [+0.89%]

Market-Moving News

Media & Corporate Deals

Fox completed its $22 billion acquisition of Roku, adding access to 100 million streaming households as it expands digital advertising and distribution, with $400 million in annual cost savings targeted within 2 years.

Extreme Networks is exploring a sale after receiving acquisition interest and is working with an investment bank on the process, with potential buyers including Cisco, Fortinet and NetApp, although no transaction has been agreed.

Aerospace & Defense

Firefly Aerospace secured a $1.3 billion engine agreement with AST SpaceMobile, supporting development of its new Blacklift rocket as the satellite operator seeks dependable launch capacity and less reliance on outside providers such as SpaceX.

XTEND received an $8.3 million defense order through its Asia-Pacific subsidiary, covering drones, ground stations, and accessories, along with a year of software updates, adding business beyond its previously reported $84 million robotics backlog.

Healthcare & Insurance

Evaxion presented new phase 2 data for its personalized melanoma vaccine, showing immune responses against cancer targets, with one type of cancer-fighting T-cell response detected in half of patients participating in the experimental trial.

Aon and Blackstone launched Cortina, a new Lloyd's reinsurance syndicate, providing dedicated capital across multiple years; underwriting is expected to begin January 1, 2027, subject to final approval, with QBE overseeing underwriting operations.

Data Center Surge (Sponsored)

One chatbot question, and a server warehouse somewhere in America draws on the grid. Scale that across hundreds of millions of people daily.

Name the stock by text.

Data centers used 4.4% of U.S. electricity in 2023, per Lawrence Berkeley National Laboratory. Its 2028 projection: up to 12%.

Send the ticker and story.

Close to a tripling in five years, on a grid that was not built for it. One company sits right where that power comes from.

Which energy company is it?

*This ad is sent on behalf of Guardian Financial Publishing LLC, doing business as Stable Financial Publishing, 1013 Centre Road Suite 403-D, Wilmington, DE 19805. Nothing here is investment, financial, legal, or tax advice, and it is not a recommendation or solicitation to buy or sell any security. Investing involves substantial risk, including loss of principal; past performance does not guarantee future results. Data-center electricity figures are third-party estimates and projections, and AI IPO timing reflects investor expectations, not company guidance. References to OpenAI, Anthropic and Lawrence Berkeley National Laboratory are for informational purposes only; Stable Financial Publishing is not affiliated with, endorsed by, or sponsored by OpenAI, Anthropic or Lawrence Berkeley National Laboratory. Stable Financial Publishing, its owners, employees and contributors may hold positions in securities mentioned and may trade them at any time. Privacy: https://guardian.pub/privacy-policy/ · Terms: https://guardian.pub/terms-of-service/

Consumer & Retail

Estée Lauder launched its Mastering Skin Longevity research platform, supporting product development across its beauty brands, with scientists studying biological pathways linked to skin aging to guide future ingredients, formulations and treatments.

Lululemon unveiled its Ventscape running vest ahead of a December global launch, combining insulation with strategically placed ventilation panels to manage changing temperatures during cold-weather runs, following 250 hours of product testing.

Semiconductors & Technology

TSMC is reportedly exploring advanced memory production at Nvidia's request, potentially expanding into 3D DRAM chips, with options including new factories or converting an existing facility, although production timing remains unclear.

Diodes Incorporated launched new chips for controlling high-voltage power switches, targeting solar inverters, batteries, and servers, with automotive versions also available and pricing of $0.99 per chip for 1,000-unit orders.

Top Winners and Losers

SkinHealth Systems [SKIN] $15.71 (+51.28%)

SkinHealth Systems, the Hydrafacial maker, posted third-quarter revenue of $69.2 million, slightly lower than a year ago but heavy on profit: adjusted EBITDA jumped to $13.4 million from $8.9 million, and full-year EBITDA guidance rose to $48 million to $50 million.

It also repaid $103.2 million of convertible notes. Investors shook off their doubts and bought.

Karman Holdings [KRMN] $45.61 (+42.18%)

Karman Holdings keeps proving defense suppliers are having a moment: third-quarter revenue rocketed 66% to $202 million, backlog more than doubled this year to $1.7 billion, and full-year revenue guidance rose to $755 million to $760 million.

A seven-year Lockheed Martin contract supporting the THAAD missile defense program helped stock the growing order book.

GIBO Holdings [GIBO] $175.35 (+37.67%)

GIBO Holdings has been on a tear: $87 last Friday, $126 on Thursday, and $179 now, all on skinny volume of about 19,000 shares. No fresh headline explains the climb, so call it momentum doing its thing.

Anyone on this ride should know the stock has no analyst rating, and a handful of shares can move the price a lot.

Biodesix [BDSX] $8.53 (-57.01%)

Biodesix lowered its 2026 revenue forecast to $101 million to $103 million after a third quarter that grew 10% to $24.0 million.

CEO Scott Hutton said growth fell below expectations, blaming fewer sales reps than planned, heavier primary care seasonality, softer orders from base customers and delayed projects. He called it execution rather than demand, and the stock more than halved.

PRA Group [PRAA] $12.92 (-36.73%)

PRA Group’s third quarter looked fine on the surface, with EPS of $0.39 against a year-ago loss from a $412.6 million goodwill hit, but revenue fell 8% to $286.3 million and missed estimates.

Cash collections slipped to $535.6 million, portfolio purchases dropped to $228.7 million, and it sold $400 million of senior notes. Debt buyers rarely forgive a revenue miss.

Karat Packaging [KRT] $33.54 (-34.80%)

Karat Packaging sold more takeout containers, with revenue up 8.2% to $134.7 million and e-commerce up 38%, but earnings slipped: net income fell to $4.7 million from $7.6 million and gross margin eased to 33.5% as ocean freight rates jumped 17% and resin costs climbed.

Results missed estimates, and price increases will not arrive until early 2027.

VWAP, the benchmark traders try to beat, is built from which two inputs?

Login or Subscribe to participate

Rocket Metal Bottleneck (Sponsored)

Around $5 a share, one small company. Wall Street, for the most part, is still missing the link.

Name the company for me.

Humanoid robots, electric cars by the millions, thousands of satellites, reusable boosters — all depend on a handful of metals America is short of.

Send me the free report.

Elon Musk can build the rockets. The metal he cannot dig up, and it funnels through one narrow point.

Text the ticker to me.

*This ad is sent on behalf of Guardian Financial Publishing LLC, doing business as Stable Financial Publishing, 1013 Centre Road Suite 403-D, Wilmington, DE 19805. Nothing here is investment, financial, legal, or tax advice, and it is not a recommendation or solicitation to buy or sell any security. Investing involves substantial risk, including loss of principal; small-cap and low-priced stocks carry particular risk, including the possible loss of your entire investment. Past performance does not guarantee future results. Stable Financial Publishing, its owners, employees and contributors may hold positions in securities mentioned and may trade them at any time. References to Elon Musk and SpaceX are for informational purposes only; Stable Financial Publishing is not affiliated with, endorsed by, or sponsored by Elon Musk or SpaceX. Privacy: https://guardian.pub/privacy-policy/ · Terms: https://guardian.pub/terms-of-service/

Everything Else

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.