Market News for October 26, 2026
Every story Market Flux published on October 26, 2026.
- Market Flux Event
Perpetua Resources Wins Up to $40 Million U.S. Army Contract to Build Domestic Tungsten Supply
Perpetua Resources Corp. has been awarded up to $40 million in U.S. Army funding to advance domestic tungsten exploration and supply for American defense needs, the company announced on…
- Market Flux Event
Moderna Stock Slides Another 8% as CEO Bancel Touts Cancer Vaccine Potential Beyond Melanoma
Moderna shares fell an additional 8% on October 26, extending a steep selloff that began days earlier when leaked data from the Phase 3 INTerpath-001 trial of its personalized mRNA cancer…
- Market Flux Event
Simpson Manufacturing Beats Q3 2026 Estimates With 22.1% Operating Margin as Stock Holds Flat
Simpson Manufacturing reported third-quarter 2026 net sales of $638.1 million, a 2.3% increase year-over-year, surpassing analyst estimates despite a challenging housing market environment…
- Market Flux Event
Western Copper and Gold CEO Sandeep Singh Steps Down as Chairman Takes Interim Role
Western Copper and Gold Corporation announced that Sandeep Singh will step down as President, Chief Executive Officer, and director of the company effective October 31, 2026. Board Chairman…
- Market Flux Event
Anthropic Files for Nasdaq IPO at Up to $2 Trillion Valuation, Igniting Broad AI Rally
Anthropic, the maker of the Claude AI assistant, filed its S-1 registration statement with the SEC on October 26, formally launching what is expected to be one of the most significant…
- Market Flux Event
Trump Calls Brazil Election Rigged After Lula Defeats Bolsonaro as Brazilian Stocks Sink 18%
President Luiz Inácio Lula da Silva won a stunning comeback victory in Brazil's presidential runoff, defeating right-wing challenger Flávio Bolsonaro in what one financial outlet described…
- Market Flux Event
Xencor XmAb819 Posts 45.5% Response Rate in Kidney Cancer Trial, FDA Accelerated Approval Talks Planned for 2027
Xencor's XmAb819, a potential first-in-class ENPP3 x CD3 bispecific T-cell engager, delivered a 45.5% confirmed objective response rate at its proposed 400 mcg/kg intravenous dose in a…
- Market Flux Event
Broadcom Secures $63 Billion From BofA, Blackstone, Citi and Morgan Stanley to Finance Anthropic AI Chip Leases
Broadcom has arranged a $63 billion financing deal with Bank of America, Blackstone, Citigroup and Morgan Stanley structured through a new special purpose vehicle. The SPV will use the…
- Most Active
Surgery Partners Agrees to $5.7 Billion Take-Private Deal with Bon Secours Affiliate HealthSpan Partners at $23.50 Per Share
Surgery Partners agreed on October 23, 2026 to be acquired by HealthSpan Partners, a contractual affiliate and supporting organization of non-profit health system Bon Secours Mercy Health…
- Most Active
EQT Agrees to Buy Range Resources in All-Stock Deal Valued at Over $50 Billion
EQT Corporation agreed on October 25, 2026, to acquire Range Resources Corporation in an all-stock transaction that values the combined company at more than $50 billion including debt…
- Most Active
DoorDash in Advanced Talks to Acquire Instacart in Deal That Could Close This Week
DoorDash is in advanced talks to acquire Instacart, parent company Maplebear Inc., with a deal potentially finalized as soon as this week, the Wall Street Journal reported on October 26…
- Most Active
Xencor Selects 400 mcg/kg Phase 3 Dose for XmAb819 After Kidney Cancer Trial Shows 45.5% Response Rate
Xencor reported Phase 1 expansion-cohort data for XmAb819, its ENPP3 x CD3 T-cell engaging bispecific antibody, at the ESMO Congress 2026, selecting 400 mcg/kg as the proposed Phase 3 dose…
- Most Active
XP Inc Plunges More Than 50% as Lula da Silva Wins Brazil Presidential Runoff in Upset
XP Inc. fell roughly 52% on Monday after Luiz Inácio Lula da Silva won an unprecedented fourth term as Brazil's president, defeating Senator Flávio Bolsonaro in a Sunday runoff election…
- Market Flux Event
DOJ Charges James Comey With Leaking National Defense Information in Third Federal Case
The Justice Department has charged former FBI Director James Comey with transmission of national defense information and conspiracy to transmit national defense information, according to…
- Top Mover
PayPal Set to Report Q3 Earnings Tuesday With Stock Down 3% Ahead of Results
PayPal Holdings is scheduled to release its third-quarter earnings before the market open on Tuesday, October 27, with analysts expecting earnings per share of $1.34. The report arrives as…
- Top Mover
Intel Surges 5% on Server CPU Upgrade and Classiq Quantum Acquisition Ahead of Thursday Earnings
Intel shares climbed roughly 5 to 6 percent on Monday, reaching approximately $91.82, after New Street Research upgraded the stock to Buy with a $125 price target. The firm cited an acute…
- Top Mover
Delta Air Lines Edges Higher as JetBlue Creditors Hire Restructuring Advisers and Options Traders Target DAL Calls
Delta Air Lines stock moved modestly higher on October 26 as the broader airline sector held firm despite turbulence at JetBlue Airways, whose shares tumbled 16% to around $2 after a…
- Top Mover
Morgan Stanley Upgrades Lockheed Martin to Buy With $835 Target After F-35 Framework Deal and Record $292B Backlog
Morgan Stanley upgraded Lockheed Martin to Overweight from Equal-weight on Monday and raised its price target to $835 from $690, implying roughly 38% upside from Friday's close, citing a…
- Top Mover
Analog Devices Stock Outperforms Peers as AI Diversification and Strong Q3 Draw Investor Interest
Analog Devices shares outperformed semiconductor peers on Monday as the broader Nasdaq rose 0.82% to close at 26,169.72, a one-month high, lifted by positive sentiment around Anthropic's…
- Top Mover
NXP Semiconductors Named Strategic Chip Partner for Volkswagen Software-Defined Vehicles, With First Cars Due in 2027
NXP Semiconductors has been selected by Volkswagen Group as a strategic technology partner to supply microcontrollers for the automaker's future zonal software-defined vehicle architecture…
- Top Mover
Barclays Upgrades Tesla to Overweight With $450 Target as SpaceX Merger Speculation Sends Shares to Three-Month High
Tesla shares surged more than 5% on Monday, touching their highest level in more than three months, after Barclays analyst Dan Levy upgraded the stock to Overweight from Equal Weight and…
- Top Mover
Comfort Systems USA Stock Drops 9% After Q3 Beat as Margins Disappoint and CFO Announces Retirement
Comfort Systems USA reported a blowout third quarter but still saw its stock fall roughly 9% as investors focused on margin softness, the departure of its chief financial officer and the…
- Market Flux Event
AI Spending Boom Drives US Investment-Grade Bond Sales to Annual Record of $1.76 Trillion
US investment-grade bond sales hit an annual record of $1.76 trillion on Monday, surpassing the $1.75 trillion issued during the pandemic-fueled borrowing boom of 2020. The milestone was…
- Market Flux Event
Intel Agrees to Buy Israeli Quantum Software Startup Classiq in Full-Stack Computing Push
Intel has agreed to acquire Classiq Technologies, an Israeli quantum computing software startup, in a deal that would transform the chipmaker's Quantum Computing Group into a full-stack…
- Market Flux Event
Ben and Jerry's Founders Explore 3 Billion Dollar Buyout with KKR Executive Pete Stavros to Break from Magnum
The co-founders of Ben and Jerry's are in discussions with Pete Stavros, a senior executive at private equity firm KKR, about a deal to separate the ice cream brand from its current owner…
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- Top Story
Celestica More Than Doubles Revenue as Whirlpool Cuts Guidance on Deep Q3 Miss
Celestica delivered a standout quarter, reporting Q3 2026 revenue of $5.83 billion against an estimate of $5.46 billion, nearly doubling the $3.19 billion posted a year earlier. Adjusted…
- Market Flux Event
US and Canada in Talks to Cut Steel and Auto Tariffs Ahead of November 3 Midterms
The United States and Canada are actively negotiating a deal to reduce American tariffs on Canadian steel and automobile imports, with at least one Canadian source saying an agreement could…
- Market Flux Event
DoorDash in Advanced Talks to Acquire Instacart With Deal Possible This Week
DoorDash is in advanced talks to acquire grocery delivery rival Instacart, with a deal potentially finalized as soon as this week, according to people familiar with the matter reported by…
- Market Flux Event
Apple Expands Siri AI to French, Japanese, Korean, Portuguese and Spanish as EU Remains Locked Out
Apple is rolling out its AI-powered Siri to a broader global audience, adding support for French, Japanese, Korean, Portuguese, and Spanish languages. The company also announced that…
- Unusual Volume
Amazon Stock Gains Ahead of Oct 29 Earnings as Verizon Signs $2B AWS Deal and Anthropic IPO Spotlights Cloud Ties
Amazon shares rose roughly 1% on October 26 as a confluence of catalysts drew investor attention ahead of the company's third-quarter earnings report scheduled for October 29 after the…
- Market Flux Event
ConocoPhillips to Cut Canadian Workforce for Second Consecutive Year
ConocoPhillips notified employees via email on October 26, 2026 that it would announce workforce reductions across its Canadian operations on Tuesday, marking the second straight year the…
- Market Flux Event
Skydance Offers Voluntary Buyouts to Staff Ahead of Layoffs After $111 Billion Merger
Skydance is offering voluntary buyouts to eligible employees as it works to integrate Paramount and Warner Bros. Discovery following the completion of its $111 billion acquisition. CEOs…
- Unusual Volume
Surgery Partners to Be Taken Private by Bon Secours Affiliate HealthSpan Partners in $5.7 Billion All-Cash Deal at $23.50 Per Share
Surgery Partners announced on October 26, 2026 that it had entered into a definitive merger agreement with Spyglass Topco, LLC, an entity connected to HealthSpan Partners, a contractual…
- Market Flux Event
FTC and 20 States Sue Dollar General Over Years of Systematic Overcharging
The Federal Trade Commission and 20 state attorneys general sued Dollar General on Monday, alleging the discount retailer routinely charged customers higher prices at checkout than those…
- Market Flux Event
Bitcoin Slides Into Three-Week Losing Streak Near $80,000 as ETF Outflows and Fed Decision Weigh
Bitcoin completed its first three-week losing streak since May, falling roughly 7.4% from its October 5 open to its October 25 close and settling near $80,000. The decline accelerated into…
- Market Flux Event
US Treasury Sells $69 Billion in 2-Year Notes at 4.708% with Modest Tail
The US Treasury sold $69 billion in 2-year notes on October 26 at a high yield of 4.708%, slightly above the pre-auction when-issued yield of 4.705%, producing a tail of 0.3 basis points…
- Market Flux Event
Ripple Launches AI-Powered 24/7 Corporate Treasury Platform With RLUSD Returns at Swell 2026
Ripple unveiled a major expansion of its corporate treasury platform at its Swell 2026 conference on October 26, introducing AI-powered automation and round-the-clock cash management for…
- Market Flux Event
Apple iPhone Duo Foldable Screen Cracking Within Hours of Purchase
Apple's iPhone Duo, the company's first foldable smartphone and one of its most significant product launches in years, is drawing a growing number of complaints from customers who say the…
- Market Flux Event
CFTC Chair Selig Unveils Two Crypto Exchange Registration Rules After Congress Fails to Pass CLARITY Act
CFTC Chairman Mike Selig announced on October 26 that the agency is developing two new regulatory proposals, Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets, that…
- Market Flux Event
Federal Judge Rules Trump DOJ Unlawfully Fired Epstein Prosecutor Maurene Comey and Orders Her Reinstatement
A federal judge ruled Monday that the Trump administration's firing of Maurene Comey, an assistant United States attorney in the Southern District of New York, was unlawful and ordered her…
- Market Flux Event
Microsoft Offers Voluntary Buyouts to Around 60,000 Employees in Historic First
Microsoft is offering voluntary retirement buyouts to around 60,000 employees, according to an internal memo, marking the first program of its kind in the company's 51-year history. The…
- Market Flux Event
Deep Sea Minerals Files SEC Registration for U.S. Share Offering as SEAS.CN Surges 30%
Deep Sea Minerals Corp., a Vancouver-based seabed mineral exploration company trading on the Canadian Securities Exchange under the symbol SEAS, announced on October 26, 2026 that it is…
- Top Story
Emergency Tehran Talks and US Strike Threat Put Iran Decision Squarely Before Trump
President Trump is nearing a critical decision on Iran, telling Fox News he faces a binary choice: "Do I finish it off, which would be very easy to do, or do I make a deal?" The statement…
- Market Flux Event
Coinbase Fixes BRL Conversion Glitch That Blocked Brazilian Users From Trading Crypto
Coinbase experienced a service disruption on October 26, 2026, in which some users were unable to convert Brazilian reais to buy or sell cryptocurrency on the platform. The company…
- Market Flux Event
Putin to Meet Iran's Pezeshkian and Qatar's Emir in Moscow on Tuesday
Russian President Vladimir Putin is set to hold separate meetings in Moscow on Tuesday with Iranian President Masoud Pezeshkian and the Emir of Qatar, the Kremlin confirmed on Monday. The…
- Market Flux Event
Amgen and AstraZeneca Combo Cuts Death Risk 58% in Small Cell Lung Cancer as ESMO 2026 Produces Wave of Oncology Data
Amgen and AstraZeneca reported landmark Phase 3 results at the European Society for Medical Oncology Congress 2026 in Madrid showing that Imdelltra, Amgen's tarlatamab-dlle, combined with…
- Unusual Volume
EQT Agrees to Buy Range Resources in All-Stock Deal Creating a 50 Billion Dollar US Natural Gas Giant
EQT Corporation agreed on October 25, 2026, to acquire Range Resources in an all-stock transaction that values the combined company at more than $50 billion including debt, creating the…
- Market Flux Event
Barclays Upgrades Tesla to Overweight With $450 Target, Citing SpaceX Merger Prospects and Robotaxi Surge
Barclays upgraded Tesla to Overweight from Equal Weight on October 26, raising its price target to $450 from $370, a move that sent Tesla shares up roughly 2% in premarket trading. The…
- Market Flux Event
BitMine Acquires 10,452 ETH for $24 Million, Reaches 4.95% of Ethereum Supply
BitMine, the Ethereum treasury company co-founded by Fundstrat's Tom Lee, purchased 10,452 ETH worth approximately $24.29 million last week, bringing its total holdings to 6.05 million ETH…
- Market Flux Event
Medifast Q3 2026 Revenue Hits $72M as Non-GAAP Loss Beats Estimates by $0.16 Per Share
Medifast reported third-quarter 2026 revenue of $72.05 million, beating analyst expectations by $0.75 million, as the metabolic health company continued its transition around its Trilivy…
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- Market Flux Event
Chicago Fed National Activity Index Surges to +0.07 in September, Beating Forecasts
The Chicago Fed National Activity Index rose to +0.07 in September from a revised -0.08 in August, sharply outpacing the consensus forecast of around -0.10 and marking a significant…
- Market Flux Event
Mercado Minerals Reports High-Grade Silver and Gold Surface Results at Zamora Project in Mexico
Mercado Minerals Ltd. (CSE: MERC, OTCQB: MRMNF) announced new surface sample results from its Zamora Project in Sinaloa, Mexico, expanding the known extent of the El Triunfo vein. The best…
- Market Flux Event
Macron Warns of Risk from Next Saturday's Protests While Promising Concrete Moves on Student Demands
French President Emmanuel Macron on October 26 warned that the following Saturday would be another "day of risk" as young students prepare a fresh wave of nationwide demonstrations, while…
- Market Flux Event
Oracle Unveils Agentic AI Platform and Fusion Companion Suite at Oracle AI World
Oracle used its Oracle AI World event on October 26 to roll out a sweeping set of AI products centered on its Fusion Cloud Applications, with the flagship announcements being Oracle Fusion…
- Market Flux Event
Apollo to Acquire Nearly 10% Stake in Mubadala Capital in Strategic Partnership
Apollo Global Management is acquiring a minority equity stake of nearly 10% in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala Investment Company, a sovereign…
- Market Flux Event
Strive Buys Record 6,182 BTC for $511M While Strategy Pauses Purchases and Spends $205M on STRC Buybacks
Strive, the Bitcoin treasury company led by Vivek Ramaswamy and trading under the ticker ASST, completed its largest-ever single Bitcoin purchase, acquiring 6,182 BTC for $511.4 million at…
- Market Flux Event
Institutional Investors Add to Bond ETF Positions Ahead of Fed, ECB and BOJ Rate Decisions
A cluster of institutional investors disclosed fresh or expanded positions in bond ETFs during the third quarter, with the filings landing as markets brace for rate decisions from the…
- Market Flux Event
Ovintiv to Acquire Montney Oil Producer Logan Energy for $890 Million in All-Cash Deal
Ovintiv Inc. has agreed to acquire Logan Energy Corp., a Montney oil producer listed on the TSX Venture Exchange, in an all-cash transaction valued at approximately $890 million (C$1.26…
- Unusual Volume
Verizon Beats Q3 Earnings, Posts Best Subscriber Quarter in Five Years and Seals $2B AWS Deal While Stock Slides on Revenue Miss
Verizon Communications reported third-quarter 2026 adjusted earnings per share of $1.31, beating the consensus estimate of $1.27 to $1.28, but operating revenue of $34.3 billion fell short…
- Market Flux Event
European Natural Gas Hits Four-Year High Above 97 Euros as Winter Supply Fears Mount
European natural gas prices surged to their highest level since the 2022 energy crisis, topping 97 euros per megawatt-hour, or roughly $108.70, on October 26, driven by a fragile storage…
- Market Flux Event
EQT to Acquire Range Resources in All-Stock Deal Topping $50 Billion, Creating Largest US Natural Gas Producer
EQT Corporation agreed on October 26, 2026, to acquire Range Resources in an all-stock transaction that values the combined company at more than $50 billion including debt. The deal creates…
- Market Flux Event
Verizon Beats Q3 Profit Estimates, Doubles Subscriber Additions and Raises Full-Year Guidance on AWS AI Deal
Verizon reported third-quarter 2026 adjusted earnings per share of $1.31, topping the consensus estimate of $1.27-$1.28, while operating revenue of $34.3 billion came in slightly below the…
- Top Story
Meta, Anthropic and SpaceX Unveil Combined Hundreds of Billions in AI Financing on a Single Day
Three of the most consequential players in the artificial intelligence buildout moved simultaneously on Monday to secure massive new financing, underscoring the accelerating race to fund AI…
- Market Flux Event
Fed Rate Hold Expected Wednesday as Big Tech Earnings and Inflation Data Set Up Market's Biggest Week of the Year
Markets are bracing for one of the most consequential weeks of 2026, with the Federal Reserve's interest rate decision on Wednesday, October 28 at the center of investor attention alongside…
- Market Flux Event
Aviva Investors Tokenizes £22 Billion Sterling Liquidity Fund on XRP Ledger with £50 Million Commitment
Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, supported by Ripple. The fund holds approximately £22 billion in assets, making it…
- Market Flux Event
Asia-Focused Banks Face Capital Squeeze as Bond Volatility and Fed Uncertainty Collide
Asia-focused lenders including HSBC, Standard Chartered, and DBS Group are navigating mounting pressure on their capital positions and profitability as volatile bond markets, sticky…
- Market Flux Event
French Bond Yields Pull Back From 2002 Highs After Moody's Holds France's Sovereign Rating
French government bonds rallied Monday after Moody's opted on Friday to maintain France's sovereign credit rating, sparing the country a downgrade that markets had feared. The 10-year…
- Market Flux Event
Brazil Market Crash Wipes Out $200 Billion After Lula Defeats Bolsonaro in Shock Election Upset
Brazil's financial markets suffered their worst single-day collapse in 36 years on October 26, 2026, after President Luiz Inácio Lula da Silva won a surprise fourth term by defeating Flávio…
- Market Flux Event
EU Plans Tariffs and Quotas on Chinese Chemicals, Furniture and Machinery as Early as Q1 2027
The European Union is preparing a new wave of import restrictions targeting Chinese goods, with proposals covering chemicals, furniture and machinery expected to be presented as early as…
- Market Flux Event
UK PM Andy Burnham Rules Out Early Election and Near-Term EU Rejoining but Backs Longer-Term Return
UK Prime Minister Andy Burnham used a round of ITV interviews on October 26 to address several major political questions at once, ruling out a snap election and saying he does not plan to…
- Market Flux Event
Swedish Producer Prices Surge to 11.2% Annual Rate in September as Spanish PPI Also Jumps
Sweden's producer price inflation accelerated sharply in September, with the year-on-year PPI rate jumping to 11.2% from 6.8% in August, a gain of 4.4 percentage points that signals…
- Market Flux Event
WTI Settles at $101.76 and Brent at $115.81 as Iran Diplomacy Offsets Saudi Attack Fears
Crude oil prices pulled back from near six-month highs on Monday as diplomatic efforts to contain the Iran conflict tempered buying, though persistent Houthi attacks on Saudi Arabia and…
- Market Flux Event
Saudi Arabia and Singapore to Store Crude Oil in Jurong Rock Caverns Starting 2027
Saudi Arabia and Singapore announced a joint agreement to establish a crude oil storage arrangement in the city-state, with operations set to begin in the second half of 2027. The crude…
- Market Flux Event
Bitcoin Slides Below $80,000 as Fed Decision, ETF Outflows and AI Selloff Converge
Bitcoin fell below $80,000 on Monday, extending a three-week losing streak that has taken the cryptocurrency down roughly 7.4% from its October 5 open to its October 25 close, its longest…
- Market Flux Event
China's Communist Party Opens Fifth Plenum as Xi Delivers Work Report and State Funds Inject 128.7 Billion Yuan Into Markets
China's Communist Party convened its fifth plenum on October 26, a closed-door, four-day gathering of hundreds of top officials running through October 29. President Xi Jinping delivered a…
- Market Flux Event
Lula Wins Fourth Term as Brazil President While Flávio Bolsonaro Refuses to Concede and Seeks Annulment
Luiz Inácio Lula da Silva won Brazil's presidential runoff on Sunday, defeating right-wing Senator Flávio Bolsonaro by more than three percentage points to secure an unprecedented fourth…