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Celestica Surges 11.44% on Strong Forecast, SoFi Jumps 15.42% on Earnings Beat, Whirlpool Slumps on Losses

Authored By HDFC SKY | Last Modified: Oct 28, 2026 09:04 AM IST

Celestica Surges 11.44% on Strong Forecast, SoFi Jumps 15.42% on Earnings Beat, Whirlpool Slumps on Losses

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Mumbai, 27 Oct 2026: Global markets saw mixed corporate developments on October 27, 2026, as companies reported quarterly earnings, revised forecasts and announced strategic deals. Strong results boosted some stocks, while disappointing performance weighed on others. Acquisitions, fundraising and investments in AI and energy infrastructure also remained in focus.

Celestica Shares Rise 11.44% as Q3 Revenue Jumps 83%, 2027 Forecast Exceeds Estimates

Celestica Inc. (NYSE: CLS) shares climbed during Tuesday’s trading session on October 27, 2026, after the company reported stronger-than-expected third-quarter results and issued an upbeat revenue forecast for 2027. Revenue increased 83% year over year to $5.83 billion, while adjusted earnings per share more than doubled to $3.30. Analysts had expected revenue of $5.47 billion and adjusted earnings per share of $2.96.

The company’s Connectivity and Cloud Solutions segment contributed to the quarterly performance, with revenue doubling to $4.87 billion. Celestica also reported a record adjusted operating margin of 8.5%.

For 2027, the company projected revenue of $40 billion, exceeding the analyst consensus estimate of $35.71 billion. It also forecast adjusted earnings per share of $21.50 and an adjusted operating margin of 9%. Chief Executive Officer Rob Mionis said customer demand forecasts for 2028 were meaningfully higher.

Celestica raised its 2026 revenue target to $21 billion from $20.5 billion and its adjusted earnings per share forecast to $11.55 from $11.30. However, it reduced its free-cash-flow forecast to $460 million from $600 million, citing working-capital investments to support expansion. Capital expenditure for 2027 is projected at $1.5 billion to $2 billion.

Celestica closed Monday at $246.65, down 5% for the session. On October 27, shares opened at $264.30, reached a high of $283.00 and a low of $261.50. The stock was trading at $274.88 as of 11:52 a.m. EDT, up 11.44% from the previous close.

SoFi Shares Surge 15.42% as Q3 Revenue Rises 45.9%, 2027 Forecast Reaches $6.4 Billion

SoFi Technologies Inc. (NASDAQ: SOFI) reported stronger-than-expected third-quarter results for 2026, with revenue increasing 45.9% year over year to $1.39 billion. The company’s revenue exceeded analysts’ consensus estimate of $1.26 billion by 9.6%, while adjusted earnings per share reached $0.18 against expectations of $0.17. Total volume rose 70.3% year over year to a record $16.9 billion, surpassing estimates of $14.39 billion.

Adjusted net revenue increased 44% to approximately $1.4 billion, while adjusted EBITDA climbed 70% to a record $470 million. Adjusted net income rose 74% to $243 million. Membership increased 35% year over year to 17.1 million, and total products grew 44% to 26.7 million.

SoFi raised its 2026 adjusted net revenue forecast to $5.04 billion, representing expected annual growth of 40%. The company also introduced its preliminary 2027 outlook, projecting adjusted net revenue of $6.4 billion, adjusted EBITDA of $2.24 billion and adjusted earnings per share of $0.90. Its lending business recorded $16.9 billion in loan originations, while deposits increased to $51.3 billion.

SoFi closed the previous session at $14.47, based on the supplied current price and percentage change. The shares opened at $15.98 and reached a high of $16.75 and a low of $15.67 during the session. The stock was trading at $16.70 as of 12:04 p.m. EDT, up 15.42% from the previous close.

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JetBlue Shares Rise 9.62% as Airline Raises Revenue Outlook Despite Widening Quarterly Losses

JetBlue Airways (NASDAQ: JBLU) sought to reassure investors about its financial position on October 26 after reporting a larger-than-expected third-quarter loss, as concerns over its debt and liquidity weighed on the airline. The carrier reported an adjusted loss of $0.60 per share for the quarter ended September 30, compared with a loss of $0.40 per share a year earlier. Analysts had expected a loss of $0.55 per share.

The airline said it ended the third quarter with $2.2 billion in liquidity, including an undrawn $600 million credit facility, and approximately $7 billion in unencumbered assets. This included $2.8 billion in aircraft and engines. However, cash and cash equivalents declined to $1.26 billion from $1.66 billion at mid-year, while total cash and investments fell by approximately $850 million since December. Total debt stood at $8.39 billion, down from $8.5 billion in the previous quarter.

JetBlue raised its full-year seat revenue growth forecast to 13.5%–14.5%, compared with its earlier projection of 10%–12.5%. The airline said it recovered 87% of higher fuel costs during the third quarter. Its average fuel price reached $3.91 per gallon, up 57% year over year. JetBlue also expects its operating margin to improve in the fourth quarter despite elevated fuel prices and reiterated its target of at least $1 in earnings per share and positive free cash flow in 2028.

JetBlue closed Monday’s regular session down nearly 10% before gaining 11% in after-hours trading. The shares opened at $2.78, reached a high of $2.90 and a low of $2.54. The stock was trading at $2.85 as of 12:11 p.m. EDT, up approximately 9.62% from the previous close of $2.60.

Whirlpool Shares Fall 1.32% as Q3 Revenue Drops 8.8%, 2026 Forecast Misses Estimates

Whirlpool Corporation (NYSE: WHR) reported weaker-than-expected third-quarter results on October 27, 2026, alongside full-year guidance below analyst expectations. The home appliance manufacturer posted an adjusted loss of $0.21 per share, compared with analysts’ expectations for earnings of $1.04 per share. Revenue declined 8.8% year over year to $3.68 billion, missing the consensus estimate of $3.97 billion. Excluding currency impacts and the divested India business, net sales fell 5.4% to $3.64 billion from $3.85 billion a year earlier.

For full-year 2026, Whirlpool forecast an adjusted loss of approximately $1.30 per share, compared with analysts’ expected earnings of $1.21 per share. The company projected revenue of approximately $14.5 billion, below the $15 billion consensus estimate. Its ongoing earnings before interest and taxes (EBIT) margin declined to 2.6% in the third quarter from 4.5% in the corresponding period last year.

Whirlpool announced price increases of 7% in its major domestic appliances segment in North America and up to 10% across Latin America, effective in the fourth quarter. For 2026, it expects an ongoing EBIT margin of 2.0%–2.2%, operating cash flow of approximately $700 million and free cash flow of around $300 million. The company also expects year-end net debt to remain below $4.5 billion.

Whirlpool shares fell 5.91% during Monday’s regular session and declined 8.5% in after-hours trading following the results. On October 27, shares opened at $26.85, reached a high of $28.19 and a low of $25.50. The stock was trading at $26.10 as of 12:16 p.m. EDT, down 1.32% from the previous close of $26.45.

Corning Shares Trade at $127.32 as Q3 Earnings Rise 36% on 44% Optical Growth

Corning Incorporated (NYSE: GLW) reported third-quarter 2026 core earnings of $0.91 per share, up 36% year over year and above the Zacks Consensus Estimate of $0.89. Core revenue increased 19% to $5.08 billion, exceeding analysts’ expectations of $5.03 billion. Growth in Optical Communications, supported by demand for artificial intelligence (AI) infrastructure, contributed to the quarterly results.

Optical Communications revenue surged 44% year over year to $2.38 billion, while segment net income increased 80% to $532 million. Within the segment, Enterprise Networks revenue rose 84% to $1.53 billion, and Carrier Network sales increased 4% to $854 million. Corning also secured four long-term, multibillion-dollar customer agreements during the quarter, including agreements with Verizon and AT&T.

Elsewhere, Glass Innovations revenue declined 3% to $1.51 billion, while Automotive revenue increased 4% to $470 million. Solar revenue climbed 37% to $436 million, although the segment recorded a net loss of $7 million. Core operating margin expanded 310 basis points year over year to 22.7%, and core net income rose 36% to $795 million.

Corning generated $1.06 billion in operating cash flow during the quarter, compared with $784 million a year earlier. For the fourth quarter, the company expects core revenue of $5.2 billion to $5.3 billion and core earnings per share of $0.96 to $1.00.

Corning shares opened at $128.11 on October 27 and reached a high of $128.48 and a low of $121.75 during the session. The stock was trading at $127.32 as of 12:40 p.m. EDT, down 0.33% from the previous close.

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Corning Shares Trade at $127.32 as Q3 Earnings Rise 36% on 44% Optical Growth

Corning Incorporated (NYSE: GLW) reported third-quarter 2026 core earnings of $0.91 per share, up 36% year over year and above the Zacks Consensus Estimate of $0.89. Core revenue increased 19% to $5.08 billion, exceeding analysts’ expectations of $5.03 billion. Growth in Optical Communications, supported by demand for artificial intelligence (AI) infrastructure, contributed to the quarterly results.

Optical Communications revenue surged 44% year over year to $2.38 billion, while segment net income increased 80% to $532 million. Within the segment, Enterprise Networks revenue rose 84% to $1.53 billion, and Carrier Network sales increased 4% to $854 million. Corning also secured four long-term, multibillion-dollar customer agreements during the quarter, including agreements with Verizon and AT&T.

Elsewhere, Glass Innovations revenue declined 3% to $1.51 billion, while Automotive revenue increased 4% to $470 million. Solar revenue climbed 37% to $436 million, although the segment recorded a net loss of $7 million. Core operating margin expanded 310 basis points year over year to 22.7%, and core net income rose 36% to $795 million.

Corning generated $1.06 billion in operating cash flow during the quarter, compared with $784 million a year earlier. For the fourth quarter, the company expects core revenue of $5.2 billion to $5.3 billion and core earnings per share of $0.96 to $1.00.

Regarding its share price, Corning shares opened at $128.11 on October 27 and reached a high of $128.48 and a low of $121.75 during the session. The stock was trading at $127.32 as of 12:40 p.m. EDT, down 0.33% from the previous close.

Hawkins Shares Surge 12.23% as Q2 Revenue Climbs 12% to $313.8 Million

Hawkins, Inc. (NASDAQ: HWKN) shares advanced after the specialty chemicals and water treatment company reported second-quarter fiscal 2027 results that exceeded analyst expectations. Revenue increased 12% year over year to $313.8 million, surpassing the consensus estimate of $302.7 million. Adjusted diluted earnings reached $1.34 per share, exceeding analysts’ expectations of $1.19.

Net income rose 23% to $27.8 million, while adjusted EBITDA increased 16% to a record $59.1 million. Revenue grew across all three operating segments. Water Treatment, the company’s largest segment, reported a 16% revenue increase, with gross profit rising 20%. Industrial Solutions revenue grew 10%, while Food & Health Sciences revenue increased 5%.

Hawkins also announced a quarterly cash dividend of $0.20 per share, payable in late November, and repurchased $12 million of its common stock during the quarter. The company completed the acquisitions of Dave Symonds & Associates, a Florida-based water treatment distributor, and Eagle Labs, which operates in the Dallas-Fort Worth area.

Hawkins closed the previous session at $135.44. On October 27, shares opened at $156.24 and traded between $148.33 and $157.50 during the session. The stock was trading at $152.01 as of 12:06 p.m. EDT, up 12.23% from the previous close. The company’s earnings announcement followed a quarter in which revenue, net income and adjusted EBITDA all increased year over year.

HCA Healthcare Shares Gain 4.4% as Q3 Adjusted EPS Reaches $7.22, Beating Estimates

HCA Healthcare Inc. (NYSE: HCA) reported third-quarter 2026 adjusted earnings per share of $7.22, exceeding analysts’ consensus estimate of $6.65. Revenue rose 3.6% year over year to $19.85 billion, surpassing the expected $19.33 billion by approximately $520 million. The company attributed its operating performance to higher patient volumes and improved cost performance.

Same-facility admissions increased 2.7% year over year, while equivalent admissions rose 3.0%. Emergency department visits grew 5.1%. However, same-facility inpatient surgeries declined 1.4%, and outpatient surgeries fell 3.7%. Changes in patient insurance coverage reduced third-quarter pretax income by approximately $400 million.

HCA Healthcare maintained its 2026 revenue guidance of $77 billion to $79.5 billion and adjusted EBITDA forecast of $15.4 billion to $16.1 billion. Management expects full-year operating results to fall within the upper half of the existing guidance ranges. Operating cash flow reached $4.46 billion, compared with $4.42 billion a year earlier. The company also repurchased approximately 7.23 million shares for $2.97 billion and declared a quarterly dividend of $0.78 per share.

HCA closed the previous session at $463.22. On October 27, shares opened at $480 and traded between $439.83 and $488. The stock was trading at $442.16 as of 12:48 p.m. EDT, down approximately 4.54% from the previous close, despite reports of an initial post-announcement advance.

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Travel + Leisure Shares Trade at $65.81 as Q3 EPS Beats Estimates by 7.28%

Travel + Leisure Co. reported third-quarter 2026 adjusted earnings of $2.21 per share, exceeding analysts’ consensus estimate of $2.06 by $0.15. Revenue increased 5% year over year to $1.1 billion, surpassing the $1.08 billion forecast by $20 million. Net income rose 16%, while EBITDA increased 6% to $283 million.

The company’s core vacation ownership business recorded a 6% increase in gross vacation ownership interest (VOI) sales, while tours rose 7%. However, reported volume per guest (VPG) declined 1% to $3,286. EBITDA margin expanded by 20 basis points. During the first nine months of 2026, revenue increased 4%, EBITDA rose 8%, net income grew 15% and earnings per share advanced 21%.

Travel + Leisure raised its full-year outlook, narrowing gross VOI sales guidance to $2.625 billion–$2.675 billion and EBITDA guidance to $1.07 billion–$1.085 billion. Management expects full-year EPS growth in the low-20% range. The company also cited upcoming contributions from acquisitions and planned brand expansion.

Travel + Leisure closed the previous session at $65.62. On October 27, shares opened at $65.09 and traded between $63.22 and $67.08. The stock was quoted at $65.81 at 12:49 p.m. EDT, up approximately 0.29% from the previous close. The company also reported more than $900 million in available liquidity and net leverage of 3.3 times. It declared a quarterly dividend of $0.60 per share.

PACCAR Shares Fall 2.75% as Q3 Revenue Hits $7.94 Billion, Exceeding Estimates

PACCAR Inc. (NASDAQ: PCAR) reported third-quarter 2026 earnings per share of $1.61, matching analysts’ consensus estimate. Revenue reached $7.94 billion, exceeding the forecast of $7.54 billion by $400 million. Compared with the third quarter of 2025, revenue increased 19%, while net income rose 44% to $847.5 million from $590 million.

Truck, parts and other revenues totalled $7.38 billion, compared with $6.11 billion a year earlier. Global truck deliveries increased to 40,100 units from 31,900. PACCAR Parts recorded quarterly revenue of $1.78 billion, a record, while its pretax income was $404.4 million. PACCAR Financial Services reported pretax income of $138.1 million, up 9.4% year over year.

For the first nine months of 2026, PACCAR reported revenue of $22.26 billion and net income of $2.20 billion. The company generated $2.52 billion in operating cash flow during the period. It also announced plans for capital expenditures of $650 million to $700 million in 2027 and research and development spending of $460 million to $500 million.

PACCAR closed the previous session at $104.54. On October 27, shares opened at $103.32 and traded between $100.07 and $106.38. The stock was trading at $101.66 as of 1:04 p.m. EDT, down approximately 2.75% from the previous close. The company’s quarterly dividend was $0.35 per share. Management cited continued truck demand and anticipated investments in infrastructure as factors supporting its outlook for the North American market.

Ecolab Shares Rise 1.65% to $293.71 as Q3 Revenue Climbs 12.7%

Ecolab Inc. (NYSE: ECL) reported third-quarter 2026 revenue of $4.69 billion for the quarter ended September, an increase of 12.7% year over year. Revenue exceeded the Zacks Consensus Estimate of $4.67 billion by 0.49%. Earnings per share (EPS) came in at $2.18, matching analysts’ expectations and rising from $2.07 in the year-ago quarter.

Ecolab shares traded at $293.71 on October 27, up $4.77, or 1.65%, from the previous close of $288.94. The stock opened at $284.16 and traded between $283.99 and $294.09 during the session. Its market capitalisation stood at approximately $82.34 billion, while the 52-week trading range was $243.15 to $309.27.

Segment results showed varied performance against analyst estimates. Global Pest Elimination generated fixed-currency sales of $363.5 million, above the $359.87 million estimate, while Global Life Sciences recorded $215.8 million, exceeding the $211.13 million forecast. Global Water sales reached $2.48 billion, slightly below the fixed-currency estimate of $2.5 billion but above the public-currency estimate of $2.44 billion. Global Institutional & Specialty reported $1.64 billion, below estimates of $1.68 billion on a fixed-currency basis.

Operating income also differed across segments. Global Life Sciences operating income of $50.2 million exceeded the $39.9 million estimate, while Global Pest Elimination reported $73.9 million, below the $78.45 million forecast. Global Institutional & Specialty operating income reached $404.9 million, compared with the $417.2 million estimate.

Over the past month, Ecolab shares gained 3.1%, outperforming the Zacks S&P 500 composite, which declined 0.8%.

Royal Caribbean Shares Rise 8.05% as Q3 EPS Beats Estimates by 2.98%

Royal Caribbean Cruises Ltd. (NYSE: RCL) reported third-quarter 2026 revenue of $5.59 billion for the quarter ended September, an increase of 8.8% year over year. Revenue exceeded the Zacks Consensus Estimate of $5.58 billion by 0.14%. Earnings per share (EPS) reached $6.57, up from $5.75 in the year-ago quarter and 2.98% above analysts’ estimate of $6.38.

Royal Caribbean shares were quoted at $303.13 on October 27, up 8.05% according to the supplied market data. The stock opened at $300.00 and traded between $295.86 and $308.45 during the session. Its reported 52-week high was $356.39, while its 52-week low stood at $222.22.

Operating metrics showed mixed results against analyst expectations. Net yields reached $304.41, above the estimated $257.58, while the occupancy rate was 112.4%, exceeding the forecast of 111.8%. Passenger cruise days totalled 16.69 million, slightly above the estimate of 16.64 million. However, available passenger cruise days came in at 14.84 million, below the estimate of 14.88 million.

Net cruise costs excluding fuel stood at $121.38 per available passenger cruise day, below the $122.05 estimate. Total net cruise costs were also lower than expected at $144.79 against $150.59. The company carried 2.68 million passengers, compared with analysts’ estimate of 2.84 million.

Onboard and other revenue rose 13.6% year over year to $1.71 billion, while passenger-ticket revenue increased 6.8% to $3.89 billion.

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Ares Capital to Acquire MidCap Financial in $2.6 Billion Deal, Offering 30% Premium

Ares Capital Corporation (NASDAQ: ARCC) announced on October 27 that it would acquire MidCap Financial Investment Corp. (NASDAQ: MFIC), managed by a subsidiary of Apollo Global Management, in a cash-and-stock transaction valued at approximately $2.6 billion. The deal is intended to strengthen Ares Capital’s presence in direct lending to mid-sized businesses.

Under the agreement, MidCap shareholders will receive $10.88 per fully diluted share, comprising $1.21 in cash and $9.67 in Ares Capital stock. The offer represents a premium of more than 30% over MidCap’s closing share price on Monday. The transaction is expected to close in the first half of 2027, subject to the applicable closing conditions.

The acquisition would give Ares Capital access to MidCap’s portfolio of senior secured investments, which the companies said offer compelling yields. They also expect the transaction to contribute modestly to Ares Capital’s core earnings. Ares Capital is the largest publicly traded business development company and is managed by a subsidiary of Ares Management. MidCap Financial Investment is a closed-end fund externally managed by an Apollo Global Management subsidiary.

Ares Capital shares traded at $18.70 on October 27, with an opening price of $18.65 and a session range of $18.37 to $18.80. Its dividend yield was reported at 10.27%, with a quarterly dividend of $0.48 per share. Reuters reported that MidCap shares jumped more than 23% following the announcement, while Ares Capital shares traded broadly flat.

Vertiv Completes $1.45 Billion UtilityInnovation Acquisition as Shares Gain 4.87%

Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., operating as UtilityInnovation Group (UIG), for approximately $1.45 billion in upfront cash. Announced on October 27, 2026, the transaction also includes contingent cash payments of up to $1.15 billion, subject to UIG achieving specified EBITDA targets over 12- and 24-month periods.

At the upfront purchase price, the acquisition values UIG at approximately 13 times its expected 2027 EBITDA. Vertiv expects the deal to increase adjusted earnings per share during the first year after completion.

UIG provides microgrid solutions, advanced power controls and behind-the-meter power architecture for data centres. Its technologies include proprietary controls software, customised microgrid switchgear and energy storage solutions. The acquisition expands Vertiv’s capabilities in microgrid controls, onsite power generation and energy storage orchestration as data centre operators seek to address power constraints associated with AI infrastructure expansion.

Vertiv shares traded at $209.55 on October 27, up 4.87%, or approximately $9.73, according to the supplied market data. The stock opened at $203.00 and traded between $203.00 and $210.92 during the session. Its reported 52-week range was $147.82 to $379.94.

J.P. Morgan Securities advised Vertiv on the transaction, with Buchanan Ingersoll & Rooney serving as its legal counsel. Morgan Stanley advised UIG, while Davis Polk & Wardwell acted as its legal counsel.

SunPower Expands Texas Solar Business; BWXT Secures Nuclear Fuel Agreement

SunPower Inc. (NASDAQ: SPWR) announced an expansion in Texas on October 27, 2026, through the acquisition of project assets from Greenlight Solar and a strategic partnership with SOLRITE Energy. The move strengthens its residential solar and energy storage operations in a state it considers one of the top three U.S. solar markets. Former Greenlight Solar CEO James Garrett will lead SunPower’s U.S. installation group. The SOLRITE partnership will also develop Virtual Power Plant projects, allowing connected batteries to supply electricity to energy markets. Financial terms were not disclosed. SunPower shares traded at $0.24 at 1:25 p.m. EDT, up approximately 6.08%.

Separately, BWX Technologies Inc. (NYSE: BWXT) signed a multi-year commercial agreement with Antares Nuclear to manufacture TRISO nuclear fuel. The agreement includes an initial allocation of one metric ton of uranium, with potential increases as deployment requirements evolve.

Production will take place at BWXT’s Lynchburg, Virginia, facility, supporting Antares’ advanced reactor programme and planned Mark-1 reactor deployment in 2027. BWXT shares traded at $133.49 at 1:24 p.m. EDT, after moving between $131.54 and $134.27 during the session.

Aspen Neuroscience Targets $150 Million IPO to Advance Parkinson’s Disease Cell Therapy

Aspen Neuroscience, a biotechnology company developing stem cell treatments for Parkinson’s disease, has set terms for an initial public offering (IPO) expected to raise $150 million. Announced on October 26, 2026, the San Diego-based company plans to offer 9.4 million shares at a price range of $15 to $17 each. At the midpoint, its fully diluted market valuation would reach approximately $494 million.

Founded in 2018, Aspen is developing autologous induced pluripotent stem cell therapies for neurodegenerative diseases. Its lead candidate, sasineprocel, is a single-dose treatment made from cells obtained through a patient’s skin biopsy. It is designed to replace dopamine-producing neurons lost in Parkinson’s disease.

The therapy is being evaluated in an open-label Phase 1/2a trial, with 15 patients dosed as of August 18, 2026. Following discussions with the U.S. Food and Drug Administration, the company anticipates beginning a Phase 3 trial in the second half of 2027. Sasineprocel has received the FDA’s Regenerative Medicine Advanced Therapy and Fast Track designations.

Aspen plans to list on the Nasdaq under the ticker ASPE. Leerink Partners, Piper Sandler, Stifel, UBS Investment Bank and Oppenheimer & Co. are joint bookrunners. The IPO is expected to be priced during the week of October 26, 2026.

Also Read: What Is the S&P 500? A Simple Guide for Everyday Investors

Meta, Nvidia, Actuate and Aclaris Announce Stock Offerings Totalling Billions

Meta Platforms (NASDAQ: META) increased its common stock offering to $25 billion from $22.5 billion as it raises capital for artificial intelligence infrastructure. Combined with a depositary share offering, the fundraising could reach $37.5 billion. Nvidia (NASDAQ: NVDA) will invest $3 billion in Meta’s offering under an expanded partnership focused on improving the training and inference performance of Meta’s Muse AI models. Meta also plans to expand Nvidia infrastructure across its data centres.

Separately, Actuate Therapeutics (NASDAQ: ACTU) priced an underwritten public offering of 30.99 million common shares and warrants at $0.71 per set of two shares and one warrant. The warrants have an exercise price of $0.45 and a five-year term. Actuate expects gross proceeds of approximately $11 million, potentially increasing by another $7 million if all warrants are exercised for cash. The proceeds will fund working capital and general corporate purposes.

Aclaris Therapeutics (NASDAQ: ACRS) priced a public offering of 7.79 million common shares at $3.50 each, alongside pre-funded warrants covering 6.5 million shares. The clinical-stage biotechnology company expects gross proceeds of approximately $50 million before offering expenses. TCGX, RA Capital Management, Invus and a large mutual fund participated in the offering.

The transactions reflect separate capital-raising efforts to fund Meta’s AI expansion and support the corporate and development needs of Actuate and Aclaris. All three offerings were announced or priced on October 27, 2026.

Corporate updates today reflected mixed earnings, stock movements and expansion plans. While some companies reported strong growth, others faced weaker results. Investors will continue to monitor earnings, forecasts and strategic developments for clues about market direction.

Disclaimer

The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.

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