Final October services PMI for France, Germany and the euro area, and LME inventory changes for copper, aluminium and nickel to Nov. 4 are due in 10 minutes.

Raymond James raises AMD (AMD.O) PT to $649 from $641.

Zhongji Xuchuang said material supply is gradually improving and it expects marginal improvement in key inputs over the next few quarters, supporting several quarters of QoQ shipment growth. The company expects NPO volumes to start ramping in H2 2027, with broader customer demand likely to be released in 2028. Early-stage product introductions will require manufacturing yield ramps; new upstream materials — including higher‑power CW light sources and electronic chips — must clear yield curves as part of normal mass‑production. Once these preparations are complete, customer demand should scale up more materially in 2028.