5% as fresh money for the artificial intelligence buildout pulled tech stocks higher. Meta Platforms Inc.
(NASDAQ:META) sparked the move after a $25 billion share sale ended about five times oversubscribed. The suppliers got the reward: Nvidia Corp.
3%; Advanced Micro Devices Inc. 1% Meta slipped about 1%.
2 in September, well above the 81 economists expected, as gasoline prices eased. 5% forecast.
73%. 31%.
The Federal Reserve’s two-day policy meeting began Tuesday. Chair Kevin Warsh will deliver a decision at a press conference on Wednesday, Oct.
28. Read Also: Nvidia's Credit Risk Has Tripled This Year — and Just Passed Meta's Oil Eases Iranian military officials reportedly met with Saudi, Turkish and Pakistani officials in Tehran on Monday.
48. 55.
4% to $80,341. 7% to 7,732, adding 55 points.
2% to 52,459, as The Boeing Co. (NYSE:BA) dragged.
The planemaker now expects to reach a 737 production rate of 47 jets a month in early 2027 rather than this year, and guided to about $3 billion of free cash flow in 2027, well below consensus. 5 billion of Boeing’s market value by midday.
The Coca-Cola Co. 6% despite beating third-quarter estimates and raising its earnings growth outlook.
Tesla Inc. com Inc.
(NASDAQ:AMZN) and Alphabet Inc. 5%.
53. m.
6%. 1%.
3%. 1%.
Chipmakers Lead As Refiners Sink With Crude Technology led the market. 8%.
Energy lagged. 5%.
8% and financials and health care slipped. Earnings Drive Major Moves SoFi Technologies Inc.
4% after third-quarter adjusted earnings of 18 cents per share topped the 17-cent estimate. The lender raised its 2026 earnings guidance to 61 cents and guided to about 90 cents for 2027, above the 81 cents analysts expected.
8% after third-quarter sales beat estimates on growth in its water solutions business. 70 per share and said pool destocking is complete.
AI infrastructure names extended the rebound. Applied Digital Corp.
4% after closing Monday at its lowest level in a year, and Credo Technology Group Holding Ltd. (NASDAQ:CRDO) gained 9%.
Geothermal developer Fervo Energy Co. 3%, alongside data-center power names.
On the Downside Xylem Inc. 28 billion estimate.
70. Armstrong World Industries Inc.
39 estimate and the company trimmed its full-year profit outlook on rising costs. Valero Energy Corp.
(NYSE:VLO) dropped 7% with the refiners, as Phillips 66 (NYSE:PSX) and Marathon Petroleum Corp. (NYSE:MPC) each slid about 6%.
Euronet Worldwide Inc. 4% after cutting its 2026 guidance on weakness in its cross-border payments business.
Looking Ahead Visa Inc. 44 per share.
F5 Inc. 26), Waste Management Inc.
18) and CoStar Group Inc. (NASDAQ:CSGP) (34 cents) also report.
