Microsoft shares fell 3% after Anthropic announced new workplace tools for Claude that could compete directly with Office software. The release includes Claude Sheets, Claude Whiteboards, and Claude Data, CNBC reported.
"Starting today, Claude can build spreadsheets, whiteboards, and dashboards with your team," Anthropic said in a blog post announcing the suite.
Nvidia stock dipped for a second consecutive day following an apology from CEO Jensen Huang. The slide comes as CEO Jensen Huang issued an apology following reports that he was the target of a potential Chinese spying operation.
Trump Media & Technology Group shares climbed 7% following a profitable third quarter. The company reported net income of $409.7 million, compared to the $54.8 million loss recorded in the same period last year. Revenue reached $3 million, representing a 200% increase compared to the prior-year period.
Steel Dynamics shares rose 4% after the company authorized an additional $3 billion for share repurchases. This new program is effective immediately and adds to a previous $1.5 billion authorization that still had $216 million available as of September 30, 2026. The board also declared a quarterly dividend of 53 cents per share, payable on or about January 8, 2027, to shareholders of record by December 31.
Casella Waste Systems shares fell more than 5% after quarterly results missed analyst expectations. The company reported earnings of 35 cents per share against a FactSet forecast of 42 cents. Revenue of $559.2 million also fell short of the $563.2 million estimate, with management citing weakness in the Mid-Atlantic region.
Skydance shares fell more than 2% after the firm announced plans to cut $6 billion in costs over the next three years. The entertainment conglomerate intends to consolidate broadcast and streaming operations while reducing marketing expenses. Third-quarter revenue for the company reached $7.03 billion, missing the $7.04 billion estimate sought by analysts.
The decline followed the introduction of Claude Sheets, Claude Whiteboards, and Claude Data. These tools are designed to allow teams to build dashboards and spreadsheets, positioning them as potential competitors to Microsoft’s existing Office suite.
Rocket Lab reported a record backlog of approximately $3.6 billion, a 52% increase since the end of the second quarter of 2026. Despite this, shares fell nearly 6% following an adjusted EBITDA loss of $18 million and the delay of the Neutron rocket’s inaugural flight until 2027.
Sanmina shares surged 19% after the company provided full-year earnings guidance between $15.50 and $17.50 per share. This outlook exceeded the FactSet consensus estimate of $14.07 per share.
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