Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
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.
Stock Market Today: Health Care Leads While S&P 500 Advances
Health Care led the session while the S&P 500 advances. See the validated market scorecard, sector performance, and what traders are watching next.
3M Issues Amazon a $521 Million Warrant Tied to Data-Center Sales as Q3 Profit Beats and 2026 Guidance Rises
3M granted an Amazon subsidiary a seven-year warrant for about 3.2 million shares, worth more than $521 million, tied to data-center purchases, as 3M's Q3 results beat estimates and 2026 EPS guidance rose to $9.10-$9.15.
Qualcomm to Cut Jobs Worldwide in "Performance-Focused Reduction" After Annual Reviews
Qualcomm plans global job cuts with notifications from November, described in an internal memo from CEO Cristiano Amon as a performance-focused reduction after annual reviews, according to Reuters. Scale and severance terms were not disclosed.
GM Tops Q3 2026 Estimates, Narrows Full-Year EBIT Guidance and Approves $20 Billion Buyback
GM posted Q3 2026 adjusted EPS of $3.70 on $50.02 billion in revenue, above LSEG estimates, narrowed full-year adjusted EBIT guidance and approved a new $20 billion buyback, per the company's release and CNBC.
ByteDance, Alibaba and Tencent Reportedly Order Over $35 Billion in Nvidia Chips, But Nvidia Warns It May Fill Only a Fraction
Reuters reports ByteDance, Alibaba and Tencent ordered more than 3 million Nvidia RTX PRO 5500 cards worth over $35 billion, with one source saying Nvidia may fill only 5%-10% of requested volumes.
Salesforce to Acquire Braze for $5.66 Billion in Cash Deal
Salesforce has agreed to acquire customer engagement platform Braze for about $5.66 billion in enterprise value, paying $47.50 in cash per Class A share, with closing expected in Salesforce's fiscal 2028.
RTX Tops Q3 2026 Estimates as 11% Sales Growth Drives Another Guidance Raise
RTX posted Q3 2026 adjusted EPS of $2.26 on $24.97 billion in sales, beating estimates, and raised its full-year outlook for sales, EPS and free cash flow amid record backlog and tariff-cost recovery.
GM Board Approves New $20 Billion Buyback After Completing Prior $6 Billion Program; Q3 Adjusted EBIT Rises to $4.1 Billion
GM's board approved a new $20 billion multi-year share buyback after completing a $6 billion program, as Q3 2026 EBIT-adjusted rose to $4.1 billion and the company narrowed full-year guidance.
OpenAI Races to Lock In ~$30 Billion Round at Over $1.4 Trillion Valuation Ahead of Anthropic's Expected November IPO
Reuters reports OpenAI is racing to secure a roughly $30 billion round at more than $1.4 trillion ahead of Anthropic's expected mid-November IPO, with SoftBank and MGX reportedly in talks.
Tradeweb to Acquire Credit-Trading Platform Trumid for About $1.97 Billion
Tradeweb has agreed to acquire credit-trading platform Trumid for about $1.97 billion in mostly cash, with a targeted close in the first half of 2027, according to the companies' announcement.
Apple Sets Oct. 28 'Pro and Tell' Media Event in Los Angeles as Touchscreen MacBook Pro Rumors Swirl
Apple has invited media to an Oct. 28 'Pro and tell' experience in Los Angeles; CNBC, MacRumors, Yahoo Tech and Times of India detail expectations for a touchscreen MacBook Pro, M6 Macs and an OLED iPad mini.
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