Economic Events and Corporate Reports — Monday, November 3, 2025: PMI, Reports from Palantir, ON Semiconductor, and BioNTech

Key Economic Events and Corporate Reports for Monday, November 3, 2025: Analysis of U.S. PMI, Reports from Palantir, ON Semiconductor, BioNTech, Goodyear, and Other Companies. Key Benchmarks for Investors at the Beginning of the Week.

On November 3, 2025, investors are anticipating a series of important macroeconomic releases and corporate reports. Notably, the trading day will commence after the weekend; the U.S. and Europe have returned to standard winter time, while Japan celebrates a national holiday (Culture Day) – Japanese exchanges will be closed. This day is rich with the publication of key indicators and financial results from major companies. Below is a comprehensive overview of expected events – from global economic indicators to quarterly reports from companies listed in the S&P 500, Euro Stoxx 50, Nikkei 225, and MOEX, including selected issuers (Palantir, ON Semiconductor, and others).

Macroeconomic Releases from G7, China, and Russia

• **United States:** At 3:00 PM ET (10:00 PM Moscow Time), the ISM Manufacturing PMI for October will be released. This PMI indicator is crucial for assessing U.S. industrial activity – a reading above 50 indicates growth, strengthening the dollar, while a reading below 50 exerts pressure on the currency.

• **Canada:** A speech by Bank of Canada Governor Tiff Macklem at 6:30 PM ET may influence CAD dynamics. His comments on Bank of Canada policy could trigger a strong market reaction in credit rates. Daily data: Manufacturing PMI (10:30 AM ET) will also be in focus for investors.

• **United Kingdom:** The marketing PMIs for British manufacturing are expected in the morning. Experts project the IHS Markit/RAF Manufacturing PMI for October to be around 49-50 points; a figure below 50 indicates a contraction. The Bank of England meets on November 6, so investor sentiment ahead of this rate decision may adjust reactions to the statistics.

• **Eurozone (Germany, France, Italy, etc.):** In the first half of the day, final October PMIs for manufacturing in Germany, France, and Italy (HCOB/S&P Global, around 8:50-9:00 AM Moscow Time), as well as a composite PMI for the Eurozone, may be released. Sharp deviations from forecasts will impact the euro and European equity indices. Additionally, unemployment and retail sales data for the Eurozone for September may emerge as planned (morning of November 3 Moscow Time).

• **Japan:** Exchanges and statistical authorities will be closed due to the holiday. Investors should note that Asian markets will be closed.

• **Switzerland:** CPI (Consumer Price Index) for October will be released at 7:30 AM Moscow Time. The September index was negative (-0.2% month-on-month, +0.2% year-on-year), and the current data will show the inflation trend. Low inflation will strengthen the SNB’s position (expectations of easing), while rising CPI will support the franc.

• **China:** Caixin PMI for manufacturing for October will be released at 01:45 AM Moscow Time. This private index of manufacturing activity (according to Caixin and S&P Global) is often more sensitive to domestic demand. A reading of around 51.2 is expected (September was 51.2). A drop below 50 will increase pressure on the yuan and raw material currencies in the Asia-Pacific region; a rise above forecast levels will support them.

• **Russia:** There are no official key releases scheduled in Russia for November 3. Recall that the manufacturing PMI for October recently indicated a contraction (48.0). Statistics on industrial production or the trade balance for September may be available at the end of the week, but no such data is scheduled for November 3. The Moscow Exchange is expected to operate normally on November 3, according to the calendar (unless it coincides with a holiday).

Quarterly Reports from the U.S. (S&P 500 and Others)

Many large American companies (S&P 500 and others) will publish their results on this day. Key sectors and companies:

• **Technology and Software:** Palantir Technologies (analytics, big data) will announce its third-quarter results after market close. Palantir’s stock has risen on news of demand for its AI platforms, so the results will affect both the IT and AI startup sectors. ON Semiconductor (semiconductors, chips for automotive) will report before market opens. Investors will monitor sales in the automotive sector and demand for SiC chips for electric vehicles (ON stock is also sensitive to AI and data center dynamics). Vertex Pharmaceuticals (pharmaceuticals, genetic diseases) will present its report on Monday, focusing on R&D expenses and sales of key drugs. BioNTech (biotechnology, vaccines) will release results on Monday morning (call scheduled for 8:00 AM ET). Its report is important for the healthcare and biotechnology sectors, especially after a decline in COVID drug sales.

• **Industrials and Consumer Goods:** Goodyear Tire (tires) will disclose its report after the close of the U.S. market. Goodyear’s report is of interest to the automotive sector and energy (changes in rubber prices are linked to the oil market). BWX Technologies (nuclear fuel and components) will also publish its reports after market close, which is particularly important for the defense and energy segments. Bruker Corporation (scientific equipment) will present results before market opens; the company specializes in biomedical and chemical instruments, and its report is significant for the science and healthcare sectors.

• **Energy and Mining:** Williams Companies (gas processing and pipelines) will report on Q3 results, most likely after market close (IR indicated publication on November 3). Simon Property Group (shopping malls) will report at market close – relevant for the consumer sector and retail. Major oil companies (Exxon, Chevron) reported last week.

• **Financials and Services:** The portfolio of expectations includes several banks and insurers (the largest U.S. banks will report Thursday-Friday). By Monday, the focus will shift more towards other sectors.

Quarterly Reports from Europe (Euro Stoxx 50 and Others)

Monday is relatively calm in Europe regarding the publication of large companies’ financial results. Among Euro Stoxx 50 companies, no reports are scheduled on the first Asian-European time. Some financial media note that reports from banks in France and Germany are expected in the coming days, but major financial statements will be published later in the week. Notably, European real estate funds (Unibail, Klepierre, etc.) typically report at the beginning of November; however, no significant surprises are expected on Monday. Nonetheless, European manufacturing PMIs (flash manufacturing data) will be discussed at the beginning of the trading day, and their results may support or weaken the euro and the banking sector.

Quarterly Reports from Asia (Nikkei 225 and Others)

Japanese exchanges will be closed on November 3 (Culture Day), so no corporate reports or statistics from Japan are anticipated. China has an important release – the manufacturing PMI (see above). South Korea, Taiwan, and other Asian markets will publish PMI and export data throughout the week; the exact schedules for Monday follow Moscow time, but the main focus is on China.

Quarterly Reports from Russia (MOEX) and CIS

Russian companies generally report later – for example, large energy and banking entities provide consolidated reports at the end of October to early November. No explicit publications are scheduled for Monday, November 3, according to the Moscow calendar. That said, in light of the overall situation, many investors are monitoring results from Gazprom, Norilsk Nickel, Sberbank, and LUKOIL, which will soon disclose their consolidated financial results. As of October 27, from official schedules, trading in Russia is set to be suspended on November 4 (Constitution Day), and the deadline for the quarterly report submissions for the Gazprom Group and others is the end of October. Thus, on Monday, the Russian market is likely to be subdued, and news from Russia will primarily influence analytical summaries regarding Q3 results.

Companies – "Before Market Opens" (Examples)

Some companies will announce their results or hold conference calls before the trading session begins:

• **Bruker (BRKR)** – reports for Q3 will be released before market opens on Monday. The scientific instrument sector company has results that particularly impact the biotechnology and industrial segments.

• **ON Semiconductor (ON)** – Q3 report from the semiconductor company is scheduled before market opens on November 3. Investors will note comments regarding demand in the automotive sector (SiC chips) and AI prospects.

• **BioNTech (BNTX)** – the German biotech (vaccines and cancer drugs) will release Q3 results on the morning of November 3 (conference call at 8:00 AM ET). The publication will occur before market opens, influencing biotech and pharma sector stocks overall.

• **Vertex Pharmaceuticals (VRTX)** – will announce Q3 financial results on Monday, November 3, reportedly after Asian trading closes. Feedback from this announcement will arrive before market opens in the U.S. The new data from Vertex is of interest to investors in genetics and pharmaceuticals.

Companies – "After Market Closes" (Examples)

Some major issuers will present reports or hold teleconferences after the U.S. market closes:

• **Palantir Technologies (PLTR)** – will publish Q3 results after market closes on November 3. The IT/Big Data sector company often causes sharp stock movements with its results, reflecting market sentiment regarding AI projects.

• **Goodyear Tire & Rubber (GT)** – Q3 reports will be released after trading completes on November 3. Goodyear’s data is significant for automotive and industrial stocks, reflecting price and volume trends in raw and consumer markets.

• **BWX Technologies (BWXT)** – financial reporting for November 3 is scheduled after market close. The company operates within the nuclear technology and civil defense sector; its earnings impact national security and energy technology sectors.

• **Simon Property Group (SPG)** – one of the largest REITs (shopping malls) – will report following market close on November 3. SPG’s results serve as a barometer for consumer spending and retail in the U.S.

• **Williams Companies (WMB)** – gas pipeline infrastructure company; its reports will be released after market close on November 3. This data is crucial for the energy and utilities market.

• **Vertex Pharmaceuticals (VRTX)** – if results are not released before market opens, they may also be expected on the evening of November 3 (typically, they are published before U.S. trading begins but could be postponed to the after-hours trading period).

Impact on Markets and Sectors

Expected releases may recalibrate market expectations and trigger sector reactions:

• **Bets on PMI:** Weakening PMIs in the U.S. or China (if indexes fall below 50) will heighten pessimism about demand and exert pressure on risk assets and commodities. In particular, the technology sector and U.S. stock markets may see temporary corrections, while oil and metal-heavy stocks could rise alongside currencies from emerging markets reliant on commodities.

• **Central Bank Policy:** The speech by Bank of Canada’s Macklem will influence CAD exchange rates. If he maintains a hawkish tone (allowing the CAD dollar to strengthen), this could impact the energy sector (many traders link CAD to oil). Low CPI in Switzerland will bolster expectations of easing by the SNB and weaken the franc, which will support European commodity-producing stocks.

• **Tech Growth Quarter:** Reports from Palantir and ON Semiconductor are particularly relevant for the technology segment. Strong results or optimistic forecasts (e.g., Palantir regarding AI platforms, ON regarding automotive applications) could bolster technology indices. Conversely, weak figures will compel investors to reassess sector valuations.

• **Healthcare:** BioNTech and Vertex will influence prospects for medical and biotechnology companies. If BioNTech demonstrates growth or an expanding portfolio of new drugs, it will encourage other biotech stocks. A decline in expectations for key drugs will pressure industry stocks.

• **Industrials and Consumer:** Reports from Goodyear, Bruker, and Simon Property will provide signals regarding demand in manufacturing and consumer sectors. Increased profits from Goodyear (through the sale of large tire volumes) will suggest recovery in the auto industry; a decline will indicate supply chain issues and reduced capital investments. Results from Simon Property will reflect the state of the retail real estate market: a drop in shopping mall revenues due to weak traffic signals challenges for the retail sector as a whole.

• **Energy and Resources:** Even though significant oil reports have passed, global energy sectors will respond to overall sentiment: a strengthening dollar due to high PMIs depresses oil prices, while weak PMIs will boost energy prices. Additionally, news about metal prices (via macroeconomic updates from China) will also influence the stocks of mining companies and raw material producers.

Overall, on November 3, markets will balance between reduced optimism due to global PMIs and expectations of results from major companies. Investors from the CIS should closely monitor these releases as they can set the tone for the upcoming trading week: weak data on industrial activity from the U.S. and China may push funds toward riskier assets in resource issuer zones, while strong corporate reporting from American companies will bolster stocks in the technology and biopharmaceutical sectors.