Market Rises on Nvidia Gains Amid Fed's Uncertain Signals and Mixed Corporate Results

The U.S. stock market opened higher on October 31, 2025, with Nvidia shares surging 3% following a $500 billion corporate announcement, according to a Yahoo Finance roundup. The move coincided with anticipation for the Federal Reserve's upcoming FOMC meeting, where policymakers are expected to signal potential leadership changes and hint at further rate adjustments by year-end. Meanwhile, broader economic data releases, including inflation and employment figures, added to market volatility, the Yahoo piece noted.

In the corporate sector, Zedge, Inc. reported mixed results for the fourth quarter and full year ended July 31, 2025. While sales held steady at $7.47 million for the quarter, the company posted a net loss of $559,000, or $0.04 per share, according to MarketScreener. Annual losses also narrowed slightly to $2.39 million, down from $9.17 million in the prior year, though the company emphasized ongoing cost pressures.

Gold producers saw contrasting performances. Eldorado Gold Corp (EGO) delivered robust results, reporting 115,190 ounces of gold production in Q3 2025 and generating $77 million in free cash flow, as detailed in Eldorado's earnings call. The firm also repurchased 3 million shares for $79 million, signaling confidence in its $1.1 billion liquidity position. However, higher cash costs of $1,195 per ounce and revised 2025 guidance highlighted operational challenges, the company said.

Robex Resources Inc. announced significant progress on its Kiniero Gold Project in Guinea, with first gold production on track for Q4 2025, according to its September 2025 activities report. The company also finalized a merger with Predictive Discovery, aiming to create a stronger West African gold producer. Robex raised C$148.2 million through warrant expirations and secured a $130 million senior facility to accelerate project development.

In the rare earth sector, Ucore Rare Metals received conditional approval for up to $36.3 million in Canadian government funding for its rare earth processing initiatives, according to a Reuters report. The funding, subject to due diligence and a contribution agreement, supports Ucore's Louisiana Strategic Metals Complex and its RapidSX™ technology, which the company says addresses critical supply chain needs.

Insurer Employers reported a $25.5 million adjusted net loss for the quarter, driven by increased California workers' compensation claims and reserve adjustments, according to Seeking Alpha. The firm announced a $125 million recapitalization plan to strengthen its balance sheet and launched a new excess workers' comp product for 2026. Management emphasized improved underwriting metrics and confidence in reserve adequacy, the article added.