Market News
Breaking market news and updates

Saudi Coalition Intercepts Houthi Missiles and Drones Targeting Riyadh and Southern Saudi Arabia
Saudi-led coalition forces intercepted a Houthi ballistic missile, drone and cruise missile aimed at Riyadh and southern Saudi Arabia on Sunday, as King Khalid airport's partial reopening drew fresh Houthi warnings.

B.C. Conservatives Projected to Win Historic Majority as Doerkson Pledges to Double Gas Production by 2032
CBC News projects Lorne Doerkson will become B.C. premier with a Conservative majority, the first since 1928, alongside pledges to double natural gas output by 2032.

Instacart Reportedly in Early Talks on Possible Sale to Uber or DoorDash
Reuters, citing The Information, reports Instacart (Maplebear) has held preliminary talks on a possible sale to Uber or DoorDash. Instacart shares closed higher while Uber and DoorDash fell; none of the three companies has confirmed a deal.

Apple's iPhone Duo Launches at $1,999 as Beijing Scalpers Offer $448 Markups Amid Tight Supply
Apple's $1,999 iPhone Duo went on sale globally on October 23, 2026, with a Beijing scalper offering 3,000 yuan ($448) premiums and one shopper citing a January 2027 delivery estimate, per CNBC.

Stock Market Today: Energy Leads While S&P 500 Slips
Energy led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.

Sen. Collins Says U.S. Will Exempt Nine Categories of Canadian Imports From Tariffs; No Administration Confirmation Yet
Sen. Susan Collins said Oct. 23, 2026 that the U.S. will exempt nine categories of Canadian imports from tariffs, but CNBC reported the White House and USTR did not immediately confirm the move.

Western Digital Posts 55% Revenue Growth in Fiscal Q1 2027, Lifts Dividend 17%, Guides Higher for Q2
Western Digital reported fiscal Q1 2027 revenue of $4.38 billion, up 55% year over year, raised its quarterly dividend 17% to $0.175 per share and guided to roughly $5.1 billion in Q2 revenue.

Bloom Energy Posts Record $1.24 Billion Quarter, Raises Guidance a Third Time, Yet Shares Slip 5% After Hours
Bloom Energy reported record Q3 2026 revenue of $1.24 billion and raised full-year guidance for the third time, topping LSEG estimates, though CNBC reported shares fell 5% after hours.

Tower REITs Surge, Telecom Carriers Slide on Bloomberg Report of SpaceX Talks for 80,000 U.S. Cell Sites
AT&T, Verizon and T-Mobile fell while cell tower operators Crown Castle and American Tower surged after Bloomberg reported SpaceX is in talks for access to at least 80,000 U.S. cell sites, per CNBC and Reuters.

American Express to Cut 5% of Global Workforce, Take $336 Million Charge, CEO Squeri Tells Analysts
American Express CEO Stephen Squeri told analysts the company is cutting 5% of its global workforce and taking a $336 million third-quarter restructuring charge, according to CNBC, with affected units and savings targets undisclosed.

Bloomberg: J&J Explores Outright Sale of DePuy Synthes Orthopaedics Unit for More Than $20 Billion
Bloomberg reported in February 2026 that Johnson & Johnson is exploring an outright sale of DePuy Synthes for more than $20 billion, a second path alongside the spinoff announced in October 2025.

American Express Raises FY2026 EPS Guidance to $18.30-$18.60 After Record $20.1 Billion Quarter
American Express raised full-year 2026 EPS guidance to $18.30-$18.60 ($17.60-$17.90 adjusted) after record third-quarter revenue of $20.1 billion, helped by lower credit provisions, a lower tax rate and a one-time GBTG sale gain.
Stop watching.
Start winning.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.
