Midday update

At midday on October 27, the Nasdaq is up 1.02% and the S&P 500 is up 0.56%. Raised guidance is driving the biggest gains, while earnings misses are driving the sharpest losses.

• $SOFI is up 13.80% after raising full-year 2026 adjusted revenue guidance to about $5.04B. The raise came alongside a Q3 beat with record net revenue of $1.4B and net income of $241M.

• Celestica is up 12.74% after a Q3 beat and a FY2026 revenue outlook raised to $21B from $20.5B. It also issued an initial 2027 outlook of $40B on hyperscaler AI-infrastructure demand. Lincoln Electric is up 8.45% on a Q3 EPS and revenue beat.

• Boeing is down 9.45% after its Q3 adjusted loss of $0.34 per share missed the $0.21 expected. Commercial-aircraft revenue fell 3%. Since 2006, 82% of its 8%+ drops were higher three months later. Xylem is down 11.66% after cutting its 2026 revenue guidance to about $8.95B.

• AMD is up 4.52% and leads an 11-for-11 semiconductor basket on Anthropic IPO optimism. Separately, AMD disclosed a $1B investment in Meta's equity offering.

• Breadth is split by sector. Semiconductors are up 2.18% and SMH is up 2.40%, while oil and gas is down 3.10% with 0 of 7 names advancing and XLE is down 1.82%.

The open question is whether the AI-hardware bid can hold while energy sells off this hard.

Not financial advice. For informational and educational purposes only.