Goldman nabs its largest-ever fee on M&A deal — plus, another good sign for Dover

Market Overview - The stock market was mixed, with the Nasdaq under pressure due to weakness in megacap tech stocks following CoreWeave's disappointing quarterly earnings report, leading to a decline of over 15% in its stock [1] - The S&P 500 and Dow advanced as investors rotated out of tech and into sectors like health care, energy, and consumer staples [1] Company Updates Boeing - Boeing delivered 53 jets in October, bringing its total for 2025 to 493, with 39 deliveries being 737 MAX jets [1] - The FAA approved Boeing to increase 737 production to 42 jets per month from 38, indicating a gradual increase in deliveries [1] - Boeing recorded a non-cash charge of $4.9 billion in Q3 due to delays in the certification process for its 777-9 program, pushing the first delivery to 2027 [1] Goldman Sachs - Goldman Sachs is set to earn its largest fee ever for a mergers and acquisitions deal, amounting to $110 million for advising on the $55 billion take-private transaction of Electronic Arts [1] - This fee is significant for Goldman's investment banking division, which has seen a rebound in M&A activity and IPOs after years of dormancy [1] Dover - Dover's shares rose 2.5% after announcing a $500 million accelerated share repurchase (ASR) program, expected to complete by November 12 [1] - The ASR follows a better-than-expected Q3 earnings report and positive outlook for next year, with CEO Richard Tobin indicating no revenue declines forecasted for the portfolio [1] DuPont - DuPont announced a $500 million ASR as part of a $2 billion share repurchase program, with shares hitting a new high and rallying nearly 20% since splitting from Qnity Electronics [1]