Stock Market News for November 11, 2026

At a glance

On November 11, 2026, RUM Group reported record Q3 revenue of $96.6 million and its first profitable quarter on an adjusted EBITDA basis; Thomson Reuters announced a $500 million share repurchase program; Talen Energy signed a seven‑year agreement to sell 750 MW of capacity; AeroVironment disclosed a $405 million LOCUST X3 order.

Earnings and guidance

RUM Group (RUM) reported third-quarter 2026 revenue of $96.6 million, said adjusted EBITDA was positive (its first profitable quarter on that basis), net loss widened to $79,916,367, and it guided fourth-quarter revenue of $88 million.

CGI (GIB) reported fiscal Q4 net earnings of C$460.7 million, revenue of C$4.15 billion, diluted EPS of C$2.24 and full-year revenue of C$16.57 billion with net earnings of C$1,812.6 million.

Boyd Group Services (BGSI) reported third-quarter 2026 sales of US$1,012.7 million, a 28.2% year‑over‑year increase, adjusted EBITDA of US$132.1 million and a third‑quarter net loss of US$81,000.

Riskified (RSKD) reported third-quarter 2026 revenue of $115.2 million, raised its full‑year outlook, GAAP gross profit of $49.3 million and an adjusted EBITDA of $8.1 million.

ODDITY Tech (ODD) reported third-quarter revenue of $145 million, exceeded outlook, raised full‑year revenue and adjusted EBITDA guidance, and reported net income of $11 million versus $18 million a year earlier.

Innoviz Technologies (INVZ) reported third-quarter 2026 revenue of $12.1 million, widened net loss to $19.595 million and announced an operational realignment including an approximately 20% workforce reduction to save about $17.5 million annually.

Deals and contracts

Talen Energy (TLN) signed a seven‑year agreement to sell 750 MW of capacity to an investment‑grade counterparty in PJM for delivery years 2029/2030–2035/2036, expected to generate approximately $100 million annually.

AeroVironment (AVAV) was awarded an international direct commercial sales order for its LOCUST X3 laser defense systems valued at $405 million focused on Middle East counter‑drone operations.

QXO (QXO) launched its 2026 QXO for Veterans program to provide new roofs or siding at no cost to 13 veterans, Gold Star Families and facilities, with nominations accepted Nov. 11–Dec. 31, 2026.

T3 Defense (DFNS) secured exclusive Israeli marketing and resale rights for Copting GmbH’s Falkawn‑BOS tethered drone system through its Nimbus subsidiary to support persistent aerial surveillance and related services.

Buybacks and capital actions

Thomson Reuters (TRI) announced a new share repurchase program to buy back up to $500 million of shares, with Toronto Stock Exchange approval to repurchase up to 7 million common shares between Nov. 13, 2026 and Nov. 12, 2027.

Aptevo Therapeutics (APVO) announced warrant exercises expected to generate approximately $3.0 million in gross proceeds by exercising existing warrants for up to 2,777,778 shares at $1.08 per share, with new warrants to be issued subject to stockholder approval.

PharmaCyte Biotech (PMCB) approved a 1‑for‑19 reverse stock split effective Nov. 12, 2026 at 4:01 p.m. ET, with split‑adjusted trading expected to begin on Nasdaq on Nov. 13, 2026.

Product, infrastructure and partnerships

CoreWeave (CRWV) launched CoreWeave Database, a generally available managed PostgreSQL service running inside customers' CoreWeave Kubernetes Service clusters with automatic failover, continuous backups and pgvector support for embeddings and vector search.

Super Micro Computer (SMCI) said it is now shipping its H15 server portfolio powered by 6th Gen AMD EPYC 9006 Series CPUs for cloud, HPC and AI workloads and reported multiple SPEC CPU benchmark records on 2U Hyper and CloudDC platforms.

Critical Metals (CRML) completed its European Lithium acquisition on Nov. 5, 2026, taking Tanbreez ownership to 100%, reporting about US$264.5 million in cash and 194.2 million ordinary shares outstanding and Greenland approval of Tanbreez’s Mining and Closure Plans.

Dell Technologies (DELL) announced the University of Alabama is deploying Dell servers and storage with NVIDIA AI infrastructure to build a statewide High Performance Computing Center supporting simulation, AI and data‑intensive research.

FDA and clinical milestones

NeOnc Technologies Holdings (NTHI) was granted an FDA Type B end‑of‑phase meeting scheduled for early January 2027 to discuss potential accelerated approval and a randomized Phase 3 confirmatory trial design for intranasal NEO100 in recurrent or progressive IDH‑mutant grade 4 astrocytoma following Phase 2a results.

Tempest Therapeutics (TPST) exercised its option to license Senlang’s CD7‑targeted lentiviral in‑vivo CAR‑T platform outside China, adding the platform to its pipeline subject to remaining financial obligations and development requirements.

Leadership and corporate plans

Capri Holdings (CPRI) named Justin Boxford as chief executive officer effective Jan. 4, 2027, succeeding John D. Idol, with Boxford joining the board and Robin Freestone becoming independent chairman; Idol will remain a senior advisor through March 31, 2027.