New ETF launches1 new ETF hit the market · Oct 29
  • SIXGlobal X Magnificent Six ETFequity0.20%

Just one launch today, and it's a pure mega-cap tech bet: Global X's Magnificent Six ETF packages the market's six largest tech leaders for a 0.20% net expense ratio.

THE IPO WIRE
KAT Construction Services, Inc.KATX · NYSE American
$5–$7 / share$20M raise3,333,334 shares

KAT Construction files S-1 for roughly $20 million IPO at $5-$7

KAT Construction Services just filed to raise about $20 million, offering 3.33 million shares at $5 to $7 with Z2 Capital running the book. It is a rare micro-cap construction listing, slated to trade on both NYSE American and NYSE Texas.

Source: SEC filing
SNDKSanDisk
Q1 2027
EPS
$49.51
est $46.27+7.0%
Revenue
$11.03B
est $10.68B+3.3%

Data center revenue of $4.80 billion jumped 61% sequentially, the sixth straight quarter SanDisk has beaten expectations as AI storage demand reprices NAND. December quarter guidance of $12.2 billion to $12.6 billion says the ramp is not done, and an 8-for-1 split lands November 19.

Quarterly EPS — reported vs estimate
Biggest movers · At the close
  • FVRRFiverr International$9.03+11.7%
  • CAVACava$59.05+8.8%
  • LNGCheniere Energy$320.85+7.8%
  • LLYEli Lilly$1,374.21+6.7%
  • APPSDigital Turbine$10.56+6.5%
  • NOWServiceNow$110.3-26.5%
  • FTNTFortinet$137.93-20.8%
  • MRVLMarvell Technology$218.95-13.0%
  • GOOGLGoogle$283.7-12.7%
  • GOOGGoogle$282.03-12.4%

ServiceNow closed down 26.53%, the deepest drop across 382 priority names and more than a quarter of its value gone in one session.

Sponsored

EXELExelixis
Q3 2026
EPS
$0.94
est $0.90+4.0%
Revenue
$659M
est $649M+1.6%

CABOMETYX pulled in $603.2 million in U.S. net product revenue, topping expectations on both lines and keeping full-year revenue guidance intact. A lower tax-rate outlook adds margin cushion ahead of zanzalintinib's PDUFA date.

Quarterly EPS — reported vs estimate
COINCoinbase
Q3 2026
EPS
$2.51
est $0.07+$2.44
Revenue
$1.22B
est $1.22B-0.5%

The giant EPS beat is mostly mark-to-market: $715 million of gains on crypto assets held for investment, not operating strength. Revenue came in missing expectations as multi-year-low volatility squeezed trading, leaving subscription and services and a trimmed full-year expense outlook to carry the story.

Quarterly EPS — reported vs estimate
INTCIntel
Q3 2026
EPS
$0.52
est $0.40+31.6%
Revenue
$16.51B
est $16.47B+0.2%

Data Center and AI revenue jumped 78% to $7.32 billion, carrying the quarter past expectations. The catch is Q4 guidance of $15.0 billion to $16.0 billion, a sequential step down, with management warning the PC slowdown runs at least through the first half of 2027.

Quarterly EPS — reported vs estimate
SBUXStarbucks
Q4 2026
EPS
$0.80
est $0.71+13.3%
Revenue
$9.14B
est $9.24B-1.0%

Global comparable coffeehouse sales rose 7.2%, the proof Brian Niccol needed to call "Back to Starbucks" a working growth plan. Revenue came in missing expectations mostly because the China retail business moved to a licensed joint venture, and fiscal 2027 guidance of $3.15 to $3.25 arrives with buybacks resuming.

Quarterly EPS — reported vs estimate
EIXEdison International
Q3 2026
EPS
$1.92
est $1.81+6.2%
Revenue
$4.89B
est $5.34B-8.6%

Management says that without durable California wildfire reform, Southern California Edison will ask for less growth capital in its 2029 rate case. That lands alongside a fifth straight quarter of topping EPS estimates, with revenue missing expectations and 2026 core guidance intact.

Quarterly EPS — reported vs estimate
DVADaVita
Q3 2026
EPS
$3.82
est $3.57+6.9%
Revenue
$3.58B
est $3.52B+1.7%

DaVita topped both EPS and revenue estimates and lifted the floor of its 2026 adjusted EPS guidance to $14.30, yet the stock fell anyway. The culprit: a $62 million non-cash China impairment and rising patient care costs per treatment.

Quarterly EPS — reported vs estimate

Sponsored

AMZNAmazon
Q3 2026
EPS
$1.89
est $1.96-3.5%
Revenue
$201.94B
est $202.20B-0.1%

AWS revenue grew 39% to $45.98 billion, its fastest in nearly five years, with Jassy projecting over 40% growth in both 2027 and 2028. Amazon is holding 2026 capital spending at roughly $220 billion to feed it, while EPS and revenue came in narrowly missing expectations.

Quarterly EPS — reported vs estimate