
Ericsson Stock Jumps 7% After Q3 Earnings Beat
Ericsson (ERIC-B.ST) beat sales forecasts at SEK 59.5B but warned of flat demand and higher costs in 2027.
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Daily Digest
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Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Ericsson (ERIC-B.ST) beat sales forecasts at SEK 59.5B but warned of flat demand and higher costs in 2027.
FMC (FMC) expects a Q3 adjusted EBITDA loss of $510M–$565M as it cuts prices to clear distributor inventory.
Bending Spoons (BSP) closed near $53.50, about 80% above its IPO price, after Berkshire bought more shares.

The Dow (^DJI) rose to 52,178 and smaller firms gained 1.4%, while the Nasdaq barely moved as money left tech.

The EU's trade gap with China hit €360B in 2025; leaders also face high energy bills and budget fights.

Charles Schwab (SCHW) posted record $190B in new client assets, but revenue of $7.17B missed estimates.

Rocket Lab (RKLB) closed near $53 as its first Neutron rocket flight slipped to 2027 over a tank-dome defect

Penske Automotive (PAG) agreed to a $16.3B buyout at $212 a share from Penske Corp. and Mitsui.
Producer prices (PPI) rose 6.3% from a year ago, the most since 2022, even as retail sales rose 0.8%.
BHP (BHP.AX) fell with Rio Tinto as copper slid 1.6%, while data-centre names NEXTDC and Megaport sank.
Walmart (WMT) closed near $116 as investors sought safer stocks and the retailer expanded health benefits.
GlobalFoundries (GFS) will build two New York chip plants, and the US government will take a 4% stake.

Nvidia (NVDA) fell 3.2% as RBC joined Deutsche Bank in trimming tech and favoring health care.

Brent crude (BZ=F) slipped from $106.06 as the US weighs easing tanker sanctions after two cargo ships sank.

Kospi (KS11) closed lower a seventh straight session as Samsung fell 9.5% and SK Hynix 11.1% on rate fears
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