Stock Market News for October 20, 2026

At a glance

On October 20, 2026, Intuitive Surgical reported third-quarter revenue of $3.05 billion; Netflix reported Q3 revenue of $12.87 billion and updated 2026 revenue and ad-revenue expectations; RTX reported Q3 sales of $25.0 billion and raised its full-year outlook; General Motors reported Q3 revenue of $50.0 billion, approved a $20 billion buyback and updated guidance.

Earnings and guidance

Intuitive Surgical (ISRG) announced third-quarter earnings reporting Q3 2026 revenue of $3.05 billion, up 22% year over year, worldwide procedures up ~15%, GAAP net income attributable to Intuitive of $522.8 million and non-GAAP net income of $1.05 billion.

Netflix (NFLX) reported Q3 2026 earnings with revenue of $12.87 billion, operating income of $4.46 billion (34.6% margin), net income of $3.66 billion and 2026 revenue guidance of $51.1 billion while lowering expected ad revenue to about $2.7 billion.

RTX (RTX) reported Q3 2026 results with sales of $25.0 billion, GAAP EPS of $1.89, adjusted EPS of $2.26, $81+ billion of new awards boosting backlog to $340 billion and a higher full-year outlook.

General Motors (GM) released third-quarter results reporting Q3 2026 revenue of $50.0 billion, net income of $3.335 billion, updated full-year guidance and a board-approved new $20 billion share repurchase authorization.

Capital One Financial (COF) reported third-quarter results with Q3 2026 net income of $3.5 billion (diluted EPS $5.61), revenue of $16.344 billion and a 40-basis-point increase in net interest margin to 8.41%.

Hasbro (HAS) reported third-quarter results with Q3 2026 revenue of $1,595.3 million (up 15%), operating profit of $517.3 million, diluted EPS $2.77 and the company raised its full-year outlook.

Vicor (VICR) reported third-quarter results with Q3 product and royalty revenue of $197.1 million, net income attributable to Vicor of $63.321 million (diluted EPS $1.33) and backlog of $406 million.

Chubb (CB) reported third-quarter results with Q3 2026 net income of $2.84 billion (EPS $7.30), core operating income per share $7.66, consolidated net premiums written of $15.14 billion and a P&C combined ratio of 84.1%.

3M (MMM) reported third-quarter results and raised full-year adjusted EPS guidance after Q3 adjusted EPS of $2.50 and sales of $6.6 billion, with adjusted margin at 26.2%.

United Airlines (UAL) reported third-quarter results with record Q3 operating revenue of $17.9 billion, net income of $1.029 billion (diluted EPS $3.14) and expects Q4 operating revenue growth of over 20% year over year.

KeyCorp (KEY) reported third-quarter results with Q3 2026 net income from continuing operations of $537 million (diluted EPS $0.51) and revenue of $2.044 billion, with net interest margin up 20 basis points to 2.95%.

Equifax (EFX) reported third-quarter results with Q3 2026 revenue of $1.693 billion, net income attributable to Equifax of $211.7 million (EPS $1.79) and lowered its full-year revenue-guidance midpoint citing a weak U.S. mortgage market.

Investments and deals

Micron Technology (MU) announced an investment with Indium Corporation to fund expansion of refining and high-purity materials manufacturing in Rome, New York, and entered a long-term supply agreement to secure high-purity minerals for semiconductor manufacturing.

Pegasystems (PEGA) reported Pega Cloud ACV growth as Pega Cloud annual contract value grew 20% year over year in Q3 2026, with total ACV at $1,653 million and cloud representing 59% of total ACV.

JE Cleantech (JCSE) reported H1 2026 results with H1 revenue of S$20.8 million, returning to profitability and net income of S$1.7 million versus a loss a year earlier.

Preliminary results and updates

Super Micro Computer (SMCI) provided a preliminary business update estimating fiscal Q1 2027 revenue of $18.5 billion to $19.5 billion, above prior guidance, and gross margin of 12.0%–12.5% versus guidance of 10.4%–10.8%.

Valmont Industries (VMI) reported third-quarter results with Q3 net sales of $1.10 billion, diluted EPS $6.24 and raised its full-year 2026 adjusted EPS guidance to $22.75–$23.75.

Halliburton (HAL) announced third-quarter results reporting Q3 2026 net income attributable to the company of $417 million, diluted EPS $0.50, and adjusted EPS $0.60, with revenue of $5.7 billion.

Other notable news

INOVIO Pharmaceuticals (INO) secured a favorable judgment obtaining a judgment of $80,416,101 against VGXI and GeneOne Life Science, comprising $61,750,789 in compensatory damages and $18,665,312 in fees and costs.

XCF Global (SAFX) signed a definitive agreement to acquire a renewable fuel production facility in Paramount, California, expects the acquisition to close before the end of 2026 and plans to invest approximately $30 million to restart operations over 9–12 months.