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Canva workers may face different roles, relocation, or layoffs.
Some Canva workers may have different roles, be asked to relocate, or be laid off.

Palantir reported Q3 revenue of $2.31 billion, up 96% year over year and beating expectations, with U.S. commercial revenue surpassing U.S. government revenue for the first time. However, enterprise customers are signing shorter-term trials, and total contract value from U.S. enterprises declined from $2.13 billion to $1.46 billion quarter over quarter, leaving the stock slightly down despite raised full-year guidance.

JetBlue Airways raised checked bag fees for the third time in less than a year, charging economy passengers $50 for a first bag bought more than 24 hours before departure and up to $70 during peak periods within 24 hours of departure, citing rising fuel costs.

Reddit is testing ads in search results pages to monetize existing users after warning investors about declining search traffic and weaker Q4 revenue guidance. The company also plans a gradual shift to a logged-in experience outside the U.S. to combat AI scraping and improve ad targeting.

The S&P 500 rose 0.6% and the Nasdaq gained 1.1% on Tuesday as Big Tech stocks rebounded, led by Nvidia, Broadcom, AMD, and Micron, while Apple fell 2.7% despite beating profit expectations amid AI-driven memory chip cost pressures.

U.S. stocks show mixed results as Apple shares fall on profit margin concerns while Nvidia and other AI-linked stocks gain. Markets remain cautious amid midterm election uncertainty and global economic pressures.

Pfizer reported third-quarter revenue of $16.58 billion and adjusted earnings of 87 cents per share, both beating Wall Street estimates, and raised its full-year revenue outlook to $62 billion to $64 billion. The company also announced Cecile Guegan as its new chief financial officer, replacing Dave Denton, who left for Nike.