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Meta Narrows Full-Year Capex Range, Unveils Nonvoting Class C Shares Amid Litigation Costs
Meta narrowed full-year capex guidance to $135-$145 billion, disclosed a new nonvoting Class C share class to help fund AI growth, and guided Q4 revenue above analyst estimates, while absorbing legal costs from a child-safety settlement and a New Mexico privacy judgment, per CNBC.
Stock Market Today: Technology Leads While S&P 500 Advances
Technology led the session while the S&P 500 advances. See the validated market scorecard, sector performance, and what traders are watching next.
Intuitive Surgical Shares Slide as $450 Million Antitrust Charge Overshadows 22% Revenue Growth
Intuitive Surgical posted 22% Q3 revenue growth to $3.05 billion, but a $450 million antitrust settlement charge cut GAAP profit and shares fell, according to multiple financial news outlets.
Judge Cuts Meta's Cambridge Analytica Penalty From $219.5 Billion to $25 Billion in New Mexico Case
CNBC reported a New Mexico court ordered Meta to pay $25 billion in its Cambridge Analytica privacy case, down from the $219.5 billion shown in the filing, with 15% annual interest.
AT&T Beats on Q3 2026 Earnings, Raises EPS Outlook to $2.40 Range, But Shares Slide on Capex and Delayed Deleveraging Target
AT&T topped Q3 2026 revenue and adjusted EPS estimates and raised full-year adjusted EPS guidance to the $2.40 range, but shares fell more than 5% premarket as investors weighed capital spending, higher leverage from the $23 billion EchoStar spectrum deal, and a 2029 deleveraging target.
Supermicro Lifts Preliminary Fiscal Q1 Revenue Outlook to $18.5B-$19.5B, Raises Margin Guidance on AI Server Demand
Super Micro raised its preliminary fiscal Q1 revenue guidance to $18.5B-$19.5B and gross margin to 12.0%-12.5%, citing customer and product mix, though the figures remain unaudited ahead of November 3 results.
Abbott to Spin Off $8.5 Billion Nutrition Business by End of 2027 as Shares Slide on Lowered Outlook
Abbott plans a tax-free spin-off of its $8.5 billion Nutrition business by end of 2027, unveiled alongside a Q3 revenue beat, a lowered full-year growth outlook and a premarket share slide.
Netflix Shares Slide Nearly 7% Premarket After In-Line Q3 Revenue; Analysts Cite Ad Revenue Shortfall
Netflix shares fell nearly 7% premarket after in-line Q3 revenue of $12.87 billion, CNBC reported, while analyst commentary flagged an advertising revenue shortfall tied to rollout delays.
UK Inflation Accelerates to 3.5% in September, Above Forecasts as Fuel Price Inflation Hits Highest Since 2022
UK CPI inflation rose to 3.5% in the year to September 2026, above the 3.4% Reuters consensus, as motor fuel prices climbed 29.8% year on year, the fastest pace since August 2022.
French 10-Year OAT Yield Briefly Tops 5% for First Time Since 2002 Amid Budget Standoff and Protests
France's 10-year OAT yield briefly topped 5% Wednesday, a 24-year high, as CNBC and Reuters cited a fractured parliament, 2027 budget talks and weekend unrest.
Musk Says Tesla and SpaceX Boards Form Special Committees to Weigh Merger, Steps Back Over Conflict
Elon Musk said on SpaceX's third-quarter earnings call that the SpaceX and Tesla boards formed special committees to explore a merger, with Musk recused as a conflicted party; both stocks rose postmarket, per Bloomberg Law and CNBC.
SpaceX Posts $14.58 Billion Q3 Revenue as AI Unit Overtakes Starlink, Cursor Deal Closes
SpaceX's Q3 2026 results show AI unit revenue jumping ninefold to $7.56 billion, Starlink connectivity revenue up 69% to $5.25 billion and the $60 billion Cursor acquisition closing, per CNBC.
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