MARKETS

EQ Resources shares fell 11% despite record quarterly revenue, production and cash, as investors took profits after a rally of more than 500% this year.

Inter&Co shares rose 26% to $6.89 on heavy volume, with no new company announcement explaining the move. The stock remains below analysts' average price target.

XP shares climbed 33% to a 52-week high after Flávio Bolsonaro exceeded polling expectations in Brazil's first presidential round, intensifying investor optimism but leaving markets exposed to runoff uncertainty.

Chipotle shares fell nearly 4% after JPMorgan lowered its price target and an unconfirmed deal rumour surfaced, with investors focused on weak traffic, margins and the upcoming earnings report.

Coca-Cola Consolidated shares rose 0.4% to $192.81 as investors assessed strong first-half volume and sales growth, debt reduction and pressure from higher aluminium costs before third-quarter results.

Tesla shares rose for a second consecutive session after quarterly vehicle deliveries exceeded analyst forecasts, while investors turned their focus to earnings, margins, energy storage and autonomous-driving plans.

Nvidia shares climbed as the company said OpenAI's faster GPT-6 Astra Ultrafast service runs on Blackwell processors, while investors weighed inference demand against regulatory and competitive risks.

GameStop shares have risen about 30% in a month as CEO Ryan Cohen and other insiders buy stock, while stronger profits and options activity fuel investor optimism.

PTC shares jumped more than 35% after Schneider Electric agreed to acquire the industrial software maker for $22.6 billion, expanding its industrial AI business.

Japan's Nikkei 225 rose 2.4% and briefly topped 70,000 as weaker US jobs data eased Federal Reserve rate-rise expectations and lifted semiconductor and AI-related shares.

GenusPlus shares climbed 5.4% after conditions were cleared for work on Atmos Renewables' Parron Maam Marang substation, adding to the contractor's growing renewable-energy backlog.

CXMT shares fell 1.4% before China's National Day break, but remain far above their IPO price as investors assess DRAM production, expansion costs and valuation risks.

ChipMOS shares rose nearly 10% to NT$127 on heavy volume, extending a sharp rally as investors focused on recovering margins, stronger memory demand and planned capacity expansion.

ON Semiconductor shares climbed after it replaced its proposed all-stock Synaptics acquisition with a $5.7 billion cash offer, reducing consideration and avoiding shareholder dilution.

Investors are looking beyond major technology companies for potential beneficiaries of AI spending, with 10 stocks spanning memory chips, infrastructure, networking and services.

Synaptics shares surged after onsemi agreed to acquire the chipmaker for about $5.7 billion in cash, replacing an earlier all-stock deal amid interest from an unnamed bidder.

Macmahon Holdings shares fell 9.91% to A$1 on Friday, despite record annual results and a contract pipeline worth more than A$5 billion.

EQ Resources shares fell 11.24% to 39.5 Australian cents as speculative resources stocks remained under pressure, despite a broader ASX rebound and the company's strong annual gains.

Australian shares recovered on Friday as technology and energy stocks advanced, while easing bond yields helped stabilise markets after the ASX 200's sharp Thursday decline.

Cognizant shares rose nearly 8% after Accenture reported strong earnings and bookings, easing concerns that generative AI could weaken demand for traditional IT services.

Accenture shares surged after the company exceeded quarterly earnings and revenue expectations, reported strong bookings and issued an outlook that eased concerns about artificial intelligence disruption.

Corteva shares fell about 83% after the company completed the spinoff of its seed business, Vylor. Shareholders received Vylor stock, while Corteva continues as a crop protection company.

The Dow fell in early trading as Treasury yields reached their highest levels in more than two decades and oil prices rose, offsetting gains in technology stocks.

MercadoLibre shares rose in Frankfurt after a weak September, while investors continue to assess the Latin American e-commerce giant's rapid growth, margin pressure, debt and competition.

Shares in China's CXMT eased after a strong rally as investors weighed a reported $5.2 billion expansion, new G5 DRAM production and geopolitical risks.

Data#3 shares surged nearly 14% after the IT services provider forecast first-half pre-tax profit above A$46.9 million, exceeding analysts' estimates despite a broad ASX sell-off.

Australian shares fell nearly 2% to a four-month low as rising bond yields, elevated oil prices and a late Wall Street sell-off weighed on investor sentiment.

Gen Digital shares rose nearly 7% after a steep sell-off linked to reports of a preliminary GoDaddy takeover approach, as the company reassured investors about its strategy and outlook.

ImmunityBio shares rose more than 11% as investors weighed accelerating Anktiva sales, international expansion, regulatory milestones and the FDA's planned January 2027 decision on broader use.