ADVFN US – Market Content Editor

Less than a week after releasing its quarterly results, Strategy (NASDAQ:MSTR) launched Stream (STRE), a perpetual preferred stock denominated in euros. Each share will be issued at €100 (US$115), with an annual dividend of 10%, paid quarterly, aimed at institutional investors in the European Economic Area. STRE will be listed on Euro MTF Luxembourg and cleared by Euroclear and…

UBS (NYSE:UBS) has completed the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA) standard, advancing the integration between blockchain and the global fund market, valued at approximately $100 trillion. The transaction involved the UBS USD Money Market Investment Fund Token (uMINT), built on the Ethereum network. DigiFT acted as an…

Investors Michael Burry and Warren Buffett have once again issued warning signals about the direction of financial markets in November, according to BeinCrypto. While Burry reinforces bets against Wall Street, the famous “Buffett Indicator” reached its highest level in history, suggesting that the US stock market may be dangerously overvalued. The analyst known as Short…

Palantir Technologies (NASDAQ:PLTR) shares fell more than 6% in premarket trading on Tuesday, even after the data analytics and defense software company reported another record-breaking quarter with results exceeding Wall Street estimates. The Denver-based firm posted net profit of $475.6 million on $1.18 billion in third-quarter revenue, both topping expectations. In a letter accompanying the…

Norway’s $2 trillion sovereign wealth fund said Tuesday it will vote against Elon Musk’s massive compensation package at Tesla’s (NASDAQ:TSLA) upcoming annual shareholder meeting, marking one of the most significant challenges yet to the billionaire CEO’s leadership. Musk has previously cautioned that he might step down if shareholders reject the deal. Norges Bank Investment Management…

Spotify (NYSE:SPOT) projected a fourth-quarter operating profit well above analyst forecasts, citing robust user engagement and continued momentum in its premium subscription business. The company said it is “well positioned” heading into year-end, following a period of steady operational improvements and expanding user activity. Analysts have closely monitored Spotify’s path to profitability since the Swedish…

Ferrari (NYSE:RACE) reported third-quarter results below analyst expectations, but reaffirmed its recently raised full-year guidance, emphasizing continued strategic progress and long-term growth confidence. The luxury automaker posted earnings per share of €2.14, missing the analyst forecast of €2.41, while revenue totaled €1.77 billion, also short of the expected €1.98 billion. Operating profit climbed 7.6% year-over-year…

Ecovyst Inc. (NYSE:ECVT) posted third-quarter 2025 earnings above expectations, though revenue came in below analyst estimates despite strong year-over-year growth. Shares dipped 0.18% after the results were released. The sulfuric acid and regeneration services company reported adjusted earnings of $0.19 per share, exceeding the consensus estimate of $0.17. Revenue totaled $204.9 million, up 33.1% year-over-year…

Stanley Black & Decker (NYSE:SWK) reported third-quarter results ahead of expectations, with strong execution and continued efficiency gains helping offset macroeconomic headwinds. The tools and outdoor equipment manufacturer posted adjusted earnings per share of $1.43, topping the consensus estimate of $1.19. Revenue reached $3.8 billion, slightly above forecasts of $3.77 billion and roughly flat compared…

Fortis Inc. (NYSE:FTS) delivered third-quarter earnings well above expectations on Tuesday, while also announcing a dividend increase and a larger five-year capital investment plan to accelerate growth across its North American utility network. The regulated utility company reported adjusted earnings per share of $0.87, topping analyst expectations of $0.61. Net earnings came in at $409…