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The Marked Chart Wire · Business
American Express
American Express plans to cut 3,500 jobs, or 5 percent of its workforce, after reporting third-quarter adjusted earnings of $4.68 per share, which beat estimates of $4.48. Revenue rose 9 percent to $20.1 billion.
GE Vernova
GE Vernova stock declined 11 percent in a single session. The company reported a backlog of $176 billion for the second quarter of 2026.
Honeywell
Honeywell increased its guidance for full-year organic sales growth to a range of 4 percent to 5 percent.
Tech Earnings
The three tech giants are scheduled to release earnings while major US stock indexes remain below significant support levels.
Broadcom
The chipmaker's sales expansion accelerated from 29 percent to 86 percent during the initial nine months of fiscal 2026.
OpenAI
OpenAI is said to be approaching a $1.25 trillion valuation as Anthropic prepares for a November listing. The development suggests OpenAI may be lagging behind its rival in the race to go public.
Perfect Corp
Perfect Corp. has finalized its combination with ProjectNY. The firm is now privately held, ending public trading of its Class A equity.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.