It’s a good day for private prisons, as Trump win drives a whole basket of stocks upward

Donald Trump’s presidential win is good news for some stocks. Some of the biggest movers today include Fannie Mae and Freddie Mac, government-sponsored mortgage enterprises Trump plans to privatize; Trump Media & Technology Group, which owns the president-elect’s Truth Social; private prison companies GEO Group and CoreCivic; and Tesla, whose CEO Elon Musk has been backing Trump in hopes of cutting regulation that affects his companies.

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David Crowther, Claire Yubin Oh

TAKING PITCHES

11/3/25

Warren Buffett’s big cash pile just hit $382 billion — what could Berkshire buy?

Berkshire Hathaway is throwing off more money than ever before — but Buffett and co. are staying patient.

CEO Warren Buffett Attending Baseball Game

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The slop bowl recession just sent Chipotle’s stock cratering

Chipotle dropped 18% yesterday, and its woes weighed on the wider slop bowl complex, dragging Cava and Sweetgreen down, too.

Claire Yubin Oh10/31/25

J. Edward Moreno

10/30/25

Most health insurers beat estimates in Q3, but investors have mixed feelings

While generally in line with expectations, medical costs still haven’t come down.

Millie Giles10/30/25

eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

EBay Falls After Giving Weak Profit Outlook for Holiday Period

However, concerns about the future somewhat overshadowed these results.

A screenshot from Hims & Hers' website. (Sherwood News)

Hims to begin selling GLP-1 microdosing treatments

The company reports earnings results next Monday.

J. Edward Moreno10/29/25

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