CALWIRE Market Update (Tuesday, November 3, 2026)

By Calwire Markets Desk

  By Calwire Markets Desk

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Today's top story: Ferrari raises 2026 guidance after Q3 earnings beat. This roundup covers 12 stories from CNBC Markets, CNBC Top, and MarketWatch.

Ferrari raises 2026 guidance after Q3 earnings beat
Ferrari raised its 2026 guidance Tuesday after third-quarter revenue and adjusted earnings per share edged past Wall Street expect... — CNBC Markets

Apple stock sinks as global memory crisis hurts profits, giving Ternus his first big test
In John Ternus' first earnings report as CEO, Apple issued a gross margin forecast that disappointed Wall Street. — CNBC Top

The 'poison pill' ballot measure that could kill the California billionaire tax
The strongest challenge to California's billionaire tax could be a competing ballot measure that bans state taxes on retirement ac... — CNBC Top

Palantir slumps 5% after earnings as analysts point to slowdown in total contract value
The software giant's stock fell after earnings failed to impress investors. — CNBC Top

Supermarket fridges hit with cyberattacks across Europe — here's what's happening
European supermarkets have become the center of another cyberattack, with hackers remotely heating fridges and spoiling food. — CNBC Top

U.S. crude oil falls below $95 per barrel as market hopes for diplomatic resolution to Iran war
The rebound in oil prices come a day after the U.S. and Iranian presidents signalled they are open to a diplomatic solution to Ira... — CNBC Top

Pfizer hikes full-year outlook as newer products grow, taps company veteran as new CFO
Pfizer announced that Cecile Guegan, who has held various leadership roles at the company over the last 20 years, stepped in as CF... — CNBC Markets

Versant earnings beat expectations as digital platforms drive growth
Versant posted third-quarter earnings that beat Wall Street expectations and reaffirmed its full-year guidance. — CNBC Markets

Yum Brands earnings beat estimates, but cyclospora outbreak weighs on Taco Bell
Taco Bell's same-store sales declined as a Cyclospora outbreak tied to lettuce served at its restaurants weighed on traffic. — CNBC Markets

This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks
Compared with previous market drawdowns, the current market setup is vulnerable because rising inflation limits the ability of cen... — MarketWatch

Baked by Melissa enters Target with first at-home cupcake mix
Baked by Melissa is launching bite-size cupcake kits at Target as the retailer heads into the critical holiday shopping season. — CNBC Markets

‘It’s good to be old’: I’ve been invited to a dozen free meals that turn into annuity sales pitches. Should I stop going?
“Salespeople typically push annuities, Medicare plans and estate-planning services.”

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