eod-market-recap · AMD rallies as SoFi surges and Boeing falls

AMD rallied on Meta news as SOFI jumped after earnings and Boeing fell on delays. Technology led sectors, and NVDA led options volume.

AMD closed at $560.26, up 5.45%, on 20.43M shares. Its expanded Meta deal drove the rally: initial Helios systems are installed and in tests at Meta, EPYC processors power Muse, and AMD committed $1B to Meta's equity offering.

SOFI closed at $16.40, up 13.42%, after an earnings beat and guidance raise. Q3 EPS was $0.18 versus $0.17 consensus; revenue was $1.39B versus $1.25B. FY2026 adjusted net revenue guidance is $5.04B, with adjusted EPS of $0.61.

Boeing closed at $168.18, down 10.69%, as delays and an earnings miss drove selling. Its morning Q3 release showed a $0.34 adjusted loss per share and $24.19B in revenue. Slower wing production delays the ramp; Boeing targets 52 737 Max planes a month in the second half of 2027.

The S&P 500 rose 0.60% to 7,722.65; the Nasdaq rose 1.18% to 26,477.81. Tech led gains, while Boeing limited the Dow, up 0.03% to 52,377.57. The Russell 2000 rose 1.16% to 2,818.87; VIX fell 4.73% to 17.52. The 10-year yield was 4.99%. A Fed decision is due October 28.

Technology led sectors, up 1.70%, as AI and memory shares gained. Energy lagged, down 2.05%. Oil slipped as traders awaited Israel's parliamentary election results; WTI futures fell 1.9% to below $100 a barrel around 4 p.m. ET.

Royal Caribbean shares were $295.92 when Jefferies' note posted, with a $79.14B market cap. Jefferies raised its target to $350 from $330 on October 27.

Commvault shares were $172.55 when notes posted, with a $7.15B market cap. On October 27, Truist's Junaid Siddiqui raised its target to $200 from $182; Stephens raised its target to $205 from $170.

PayPal shares were $55.85 when Evercore ISI's note posted, with a $47.98B market cap. Evercore ISI raised its target to $45 from $40 on October 27, below that quoted share price.

Armstrong World shares were $155.36 when Truist's note posted, with a $6.57B market cap. Truist cut its target to $210 from $230. Morning Q3 results showed $2.26 adjusted EPS and $475.80M in revenue. Full-year adjusted EPS guidance is $8.30 to $8.40, reflecting accelerating cost inflation and tariffs.

NVDA led the most-active options top ten at 2.48M contracts, then TSLA 2.37M and AAPL 1.20M, SOFI 944.88K, SPCX 852.71K, AMZN 833.71K, MU 716.11K, META 709.18K, GOOGL 529.86K and AMD 529.22K. NVDA calls totaled 1.70M versus 787.16K puts, a 0.46 put-call ratio.

That completes the October 27 recap of moves, analyst targets and options volume.

Not financial advice. For informational and educational purposes only.