Q3 Online Retail Earnings Review: First Prize Goes to Carvana (NYSE:CVNA)

Investing.com-- U.S. stock futures were little changed on Tuesday evening after Wall Street ended modestly higher, as growing confidence in a Federal Reserve rate cut and a rebound in Bitcoin helped steady sentiment.

S&P 500 Futures inched up 0.1% to 6,849.0 points, while gained 0.1% to 25,639.75 points by 21:05 ET (02:05 GMT). Dow Jones Futures traded 0.2% higher at 47,614.0 points.

Wall St gains on Fed cut bets

In the regular session, the Dow Jones Industrial Average rose 0.4%, the S&P 500 gained 0.3%, and the NASDAQ Composite climbed 0.6%.

Investors have sharply scaled up expectations that the Fed will deliver a 25-basis-point cut at its Dec. 9–10 meeting. According to the CME FedWatch Tool, the probability of a rate cut now stands at roughly 89%.

On the economic front, attention is turning to Wednesday’s release of the private-sector payrolls report from ADP Research Institute, offering an early peek at the strength of the labour market.

Later, on Friday, markets wait for the delayed publication of the Personal Consumption Expenditures Price Index (PCE), the Fed’s preferred gauge of inflation, along with personal income and spending figures.

The PCE print could heavily influence expectations about the magnitude and timing of rate cuts.

Meanwhile, risk assets got a boost from a rebound in cryptocurrency markets. Bitcoin climbed back above the mid-$90,000 range after sharp losses earlier in the week, giving a lift to crypto-linked stocks and improving overall risk appetite among investors.

The rebound in crypto and tech names helped underpin broader gains on Wall Street.

Boeing jumps on forecast; Marvell to buy Celestial AI

Boeing Co (NYSE:BA) shares jumped 10% after the company guided free cash flow to turn positive for 2026, and the aircraft maker also won a contract from the U.S. Navy worth $104.4 million to repair displays in aircraft.

In post-market trading, Marvell Technology (NASDAQ:MRVL) surged 10% after the chipmaker said it will acquire semiconductor startup Celestial AI in a $3.25 billion deal, marking one of its biggest pushes yet into next-generation optical connectivity for AI data centres.

Additionally, Dell Technologies Inc (NYSE:DELL) (NYSE:DELL) stock rose Tuesday after President Donald Trump praised the Dell family following their massive philanthropic donation.

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Industrials and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.39%, while the S&P 500 index added 0.25%, and the NASDAQ Composite index gained 0.59%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 10.15% or 18.92 points to trade at 205.38 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT) added 2.52% or 14.33 points to end at 582.39 and Honeywell International Inc (NASDAQ:HON) was up 1.54% or 2.93 points to 193.15 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which fell 1.79% or 1.91 points to trade at 104.86 at the close. Coca-Cola Co (NYSE:KO) declined 1.79% or 1.29 points to end at 70.66 and Chevron Corp (NYSE:CVX) was down 1.50% or 2.29 points to 150.25.

The top performers on the S&P 500 were Boeing Co (NYSE:BA) which rose 10.15% to 205.38, Intel Corporation (NASDAQ:INTC) which was up 8.66% to settle at 43.48 and NXP Semiconductors NV (NASDAQ:NXPI) which gained 7.95% to close at 215.35.

The worst performers were Packaging Corp of America (NYSE:PKG) which was down 5.26% to 192.55 in late trade, International Paper (NYSE:IP) which lost 3.42% to settle at 37.85 and PG&E Corp (NYSE:PCG) which was down 3.28% to 15.32 at the close.

The top performers on the NASDAQ Composite were Polyrizon Ltd (NASDAQ:PLRZ) which rose 129.75% to 7.26, TryHard Holdings Ltd (NASDAQ:THH) which was up 49.67% to settle at 22.42 and Foxx Development Holdings Inc (NASDAQ:FOXX) which gained 34.75% to close at 6.01.

The worst performers were Sonnet Biotherapeutics Holdings Inc (NASDAQ:SONN) which was down 59.35% to 1.26 in late trade, Janux Therapeutics Inc (NASDAQ:JANX) which lost 53.34% to settle at 15.86 and American Bitcoin Corp (NASDAQ:ABTC) which was down 38.67% to 2.20 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1550 to 1200 and 87 ended unchanged; on the Nasdaq Stock Exchange, 1895 fell and 1467 advanced, while 167 ended unchanged.

Shares in Intel Corporation (NASDAQ:INTC) rose to 52-week highs; rising 8.66% or 3.47 to 43.48. Shares in TryHard Holdings Ltd (NASDAQ:THH) rose to all time highs; gaining 49.67% or 7.44 to 22.42. Shares in Janux Therapeutics Inc (NASDAQ:JANX) fell to 52-week lows; losing 53.34% or 18.13 to 15.86.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.77% to 16.59.

Gold Futures for February delivery was down 0.79% or 33.90 to $4,240.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.18% or 0.70 to hit $58.62 a barrel, while the February Brent oil contract fell 1.17% or 0.74 to trade at $62.43 a barrel.

EUR/USD was unchanged 0.13% to 1.16, while USD/JPY rose 0.26% to 155.87.

The US Dollar Index Futures was down 0.07% at 99.30.

Investing.com – Canada stocks were lower after the close on Tuesday, as losses in the Materials, Energy and Healthcare sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.17%.

The best performers of the session on the S&P/TSX Composite were Laurentian Bank Of Canada (TSX:LB), which rose 18.39% or 6.21 points to trade at 39.97 at the close. Meanwhile, Energy Fuels Inc. (TSX:EFR) added 6.97% or 1.37 points to end at 21.03 and Shopify Inc (TSX:SHOP) was up 4.90% or 10.25 points to 219.36 in late trade.

The worst performers of the session were goeasy Ltd (TSX:GSY), which fell 5.90% or 8.10 points to trade at 129.08 at the close. Curaleaf Holdings Inc (TSX:CURA) declined 4.42% or 0.15 points to end at 3.24 and Celestica Inc. (TSX:CLS) was down 4.37% or 19.47 points to 425.74.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 475 to 437 and 73 ended unchanged.

Shares in Laurentian Bank Of Canada (TSX:LB) rose to 52-week highs; up 18.39% or 6.21 to 39.97.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 7.72% to 13.62.

Gold Futures for February delivery was down 0.78% or 33.25 to $4,241.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.11% or 0.66 to hit $58.66 a barrel, while the February Brent oil contract fell 1.12% or 0.71 to trade at $62.46 a barrel.

CAD/USD was unchanged 0.12% to 0.72, while CAD/EUR unchanged 0.00% to 0.62.

The US Dollar Index Futures was down 0.07% at 99.30.

After-hours movers:

Marvell Technology (MRVL) fell 4% despite in-line quarterly results after it announced a deal to buy Celestial AI for approximately $3.25 billion.

Pure Storage, Inc. (PSTG) fell 10% after in-line quarterly results. Subscription services revenue was $429.7 million, up 14% year-over-year.

GitLab Inc (GTLB) fell 10% despite better than expected quarterly figures. GitLab reported Q3 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $244.4 million versus the consensus estimate of $239.09 million.

Asana, Inc. (ASAN) rose 4% after beating estimates on the top and bottom line. Revenues were $201.0 million, an increase of 9% year over year.

American Eagle Outfitters (AEO) climbed 14% after publishing better than expected quarterly results. Based on stronger sales trends, the company is raising its fourth quarter operating income guidance to $155 to $160 million based on comparable sales in the range of positive 8% to 9% with similar growth for total revenue.

Microchip Technology (MCHP) rose 4% after it raised Q3 fiscal 2026 guidance, citing better-than-expected business performance.

Box (BOX) fell 4% after lackluster quarterly performance. Box reported Q3 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $301.1 million versus the consensus estimate of $297.46 million

Investing.com – Colombia stocks were higher after the close on Tuesday, as gains in the Industrials, Services and Agriculture sectors led shares higher.

At the close in Colombia, the COLCAP added 1.65% to hit a new all time high.

The best performers of the session on the COLCAP were Mineros SA (BVC:MAS), which rose 2.53% or 380.00 points to trade at 15,380.00 at the close. Meanwhile, Grupo de Inversiones Suramericana SA Preferred (BVC:SIS_p) added 1.60% or 720.00 points to end at 45,800.00 and Promigas (BVC:PMG) was up 1.59% or 100.00 points to 6,400.00 in late trade.

The worst performers of the session were Etb (BVC:ETB), which fell 7.00% or 3.50 points to trade at 46.50 at the close. Grupo Bolivar SA (BVC:SCA) declined 1.44% or 1,280.00 points to end at 87,820.00 and Celsia SA (BVC:CEL) was down 1.31% or 65.00 points to 4,880.00.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 1 to 0.

Shares in Mineros SA (BVC:MAS) rose to all time highs; gaining 2.53% or 380.00 to 15,380.00. Shares in Etb (BVC:ETB) fell to all time lows; falling 7.00% or 3.50 to 46.50.

US coffee C for March delivery was down 1.82% or 6.90 to $372.80 . Elsewhere in commodities trading, US cocoa for delivery in March fell 1.76% or 98.00 to hit $5,458.00 , while the February Gold Futures contract fell 0.77% or 33.10 to trade at $4,241.70 a troy ounce.

USD/COP was up 0.21% to 3,818.00, while BRL/COP rose 0.77% to 717.80.

The US Dollar Index Futures was down 0.06% at 99.30.