Stocks and funds: Dec 05 2025

Markets opened slightly higher, with the S&P 500 up 0.1% after quiet pre-market action. Several companies reported strong quarterly results:

UiPath reported a strong October quarter:
• Earnings up 45%
• Revenue up 16%, the fastest growth in 7 quarters
• Shows strong momentum in digital productivity tools.
Rubrik surged 20% pre-market after earnings:
• More than halved its net loss in Q3
• Posted $0.10 adjusted EPS
• Revenue up 48%
• Raised full-year revenue guidance by $50M to $1.28B.
Ulta Beauty rose 6% after hours:
• Same-store sales up 6.3%
• Revenue beat by $150M
• Full-year guidance raised to $12.3B
• Expected EPS around $25.35.
Industry trends show strong “mastige” demand — affordable luxury for lower-income consumers.
DocuSign fell 9%:
• Beat EPS by 9 cents
• Revenue came in at $818M
• Guidance for fiscal 2026 disappointed investors.
HPE (Hewlett Packard Enterprise) slipped toward $20:
• EPS beat by 4 cents
• But revenue missed due to delays in customer AI projects and supply chain issues.

The EU voted to ban Russian gas imports by late 2027.
Natural gas futures have surged, breaking above $3.50 in late October and reaching $5.09, up 40% YTD.

Strong multi-year performance:
• 2024: S&P 500 up 24%
• 2025: S&P 500 up 23.3%
• 2026 (year-to-date): on track for another double-digit gain assuming no major shocks.

Stocks and funds