BUSINESS

Kyndryl shares jumped more than 26% after the IT services company beat adjusted earnings forecasts, reported strong contract signings and reaffirmed its full-year financial outlook.

Duolingo shares jumped nearly 28% after the language-learning app reported accelerating daily active user growth, higher-than-expected revenue and an upgraded full-year sales outlook.

Bruker shares surged after adjusted third-quarter earnings exceeded forecasts and margins expanded, offsetting modest revenue growth and a $174.5 million non-cash goodwill impairment charge.

LivaNova shares rose nearly 17% after the medical technology company reported double-digit growth in both main businesses, beat adjusted earnings expectations and raised its 2026 outlook.

Block shares rose 6.4% in Sydney after the payments company beat third-quarter forecasts, reported stronger growth at Cash App and Square, and raised its full-year outlook again.

BCI Minerals shares gained more than 4% as its Mardie salt project reached 90% construction completion, with first salt exports still targeted for the first half of 2027.

Endeavour Group shares rose 3.5% after first-quarter sales increased 2.8%, extending a rebound despite weaker pub performance, margin pressure and mixed analyst recommendations.

Viva Energy shares rose 3.33% as investors balanced surging Geelong refining margins and a strong annual gain against volatile oil prices, fire-related constraints and strategic changes.

Telix shares gained almost 3% as investors weighed steady revenue growth, Pixclara's US approval, the planned ITM acquisition and upcoming milestones against risks to future margins.

The ASX 200 fell 0.72% as investors assessed US midterm election results and the RBA's latest rate rise, with financial and healthcare stocks leading losses.

Australia's High Court has ruled that Uber must pay about $81 million in NSW payroll tax, finding that fares paid to drivers count as wages under relevant contracts.

Spectrum customers in Bakersfield and several other states reported internet and television disruptions Tuesday, while outage trackers cautioned that user submissions do not measure the total impact.

Stevanato Group shares fell nearly 26% after the Italian pharmaceutical packaging company forecast low single-digit growth for 2027, despite beating third-quarter revenue expectations.

Gartner shares fell 17% after investors looked past a third-quarter profit beat and higher 2026 guidance to focus on slow growth and buyback-driven earnings gains.

Dynatrace shares fell 15% despite beating quarterly earnings and revenue estimates, as lower full-year profit and cash flow forecasts overshadowed stronger sales guidance and a larger buyback.

CVR Energy reported record third-quarter earnings, but its shares fell 12% as investors assessed the debt, dilution and refining-margin risks linked to its $4.2 billion Marathon deal.

Zebra Technologies shares dropped 10% after the company reported stronger-than-expected third-quarter results, while shrinking margins, rising memory costs and cautious fourth-quarter guidance weighed on investors.

Apple says it cannot predict when supply of its $1,999 iPhone Duo will meet demand after the foldable phone sold out within hours and delivery estimates moved to late January 2027.

Ethos Technologies shares rose almost 10% after the company reported record third-quarter results, revenue growth of 151%, improved margins and a higher full-year forecast.

Lattice Semiconductor reported record third-quarter revenue, rising AI-related demand and a stronger-than-expected forecast, sending its shares higher despite the stock's elevated valuation.

Sportradar shares climbed 14% after third-quarter revenue and profit beat expectations, supported by betting technology and prediction markets, while the company maintained its 2026 financial forecast.

Graphic Packaging shares rose nearly 16% after third-quarter revenue topped expectations and the company reaffirmed its outlook, easing pressure on a stock still down sharply this year.

Advanced Energy Industries reported record third-quarter revenue and earnings above forecasts, while projecting stronger-than-expected fourth-quarter results as AI data centre and semiconductor demand continues.

Oil prices edged higher after a reported US strike on Iran's Qeshm Island revived concerns about shipping through the Strait of Hormuz and the conflict's impact on global energy supplies.

Australia's startups raised about $5.58 billion through October 2026, with AI, health tech and deep tech leading investment. Ten companies are emerging as the year's standout performers.

Viva Energy shares fell 6.6% as sharply lower oil prices weighed on Australian refiners, with investors assessing whether US-Iran peace talks could reduce refining margins.

Yancoal Australia shares fell 6.4% to A$5.68 as a sharp oil-price decline pressured Australian energy stocks, with other major coal miners also recording losses.

Smartgroup shares fell nearly 8% after oil prices dropped and the Reserve Bank of Australia raised rates, despite strong lease growth, rising profits and a higher interim dividend.

New Hope shares fell 5.4% amid a broad Australian energy sell-off sparked by lower oil prices, despite the coal miner's strong performance earlier in 2026.