TradingKey

TradingKey - On October 20, Eastern Time, Elon Musk revealed during SpaceX's (SPCX) third-quarter earnings call that SpaceX and Tesla (TSLA) have formed a special committee composed of independent directors to evaluate a potential merger.

TradingKey - Netflix (NFLX) reported third-quarter earnings that beat market expectations, but slowing revenue growth, weaker-than-expected advertising growth, and soft fourth-quarter guidance left investors cautious about the company's future growth prospects.

TradingKey - As of the close on October 20 Eastern Time, the Dow Jones Industrial Average rose 1.02% to 52,495.88, the Nasdaq Composite slipped 0.02% to 26,424.82, and the S&P 500 gained 0.28% to 7,712.57.

RBB Bancorp’s Q3 2026 net income rose 25% as net interest margin expanded, a building sale lifted earnings and nonperforming assets declined.

Hancock Whitney’s Q3 2026 GAAP profit fell on One Florida Bank acquisition costs, while adjusted EPS, pre-provision revenue and net interest margin rose.

Stride’s Q1 FY2027 revenue rose 3% as Career Learning growth offset lower enrollment, while adjusted operating income and adjusted EPS declined.

East West Bancorp reported record Q3 2026 net income of $382 million and raised its full-year net interest income growth outlook to 9%-10%.

Capital One reported $3.5 billion of Q3 2026 net income as net interest margin widened to 8.41%, card credit improved and Consumer Banking revenue rose 17%.

BOK Financial reported higher year-over-year Q3 2026 profit as loan growth and asset repricing lifted net interest income, while trading fees weakened.

TradingKey - On October 21, Japanese and South Korean stock markets rebounded across the board in early trading, with both South Korean and Japanese markets opening higher.

Western Alliance Bancorporation reported higher Q3 2026 earnings and a wider net interest margin, while revising its full-year loan, deposit and revenue outlook.

Wintrust Financial posted record Q3 2026 net income as broad loan and deposit growth supported net interest income and a stable margin.

Valmont raised its 2026 adjusted EPS outlook after Q3 sales rose 5.5%, with North American Utility growth and stronger Agriculture margins lifting earnings.

United Community Banks posted a Q3 2026 GAAP loss after a $366 million securities repositioning, while operating EPS rose to $0.77 and fourth-quarter EPS was projected at $0.80 to $0.83.

Synchrony’s Q3 2026 net earnings fell 17% as higher costs and credit provisions offset loan and spending growth. Full-year EPS is seen near $9.50.

SmartFinancial’s Q3 2026 net income rose 36% year over year as loan and deposit growth lifted revenue, while expenses increased and net interest margin declined sequentially.

Steel Dynamics’ Q3 2026 profit surged as stronger steel pricing lifted segment earnings, while its aluminum startup reduced losses and advanced qualifications.

RTX raised its 2026 adjusted sales, EPS and free-cash-flow outlook after Q3 organic sales rose 12%, supported by aerospace and defense growth.

Peoples Bancorp reported Q3 2026 net income of $32.6 million as margin and fee income improved, while securities losses and acquisition costs reduced EPS.

MSCI’s Q3 2026 revenue rose 12.4% as record index-linked ETF assets lifted asset-based fees, while adjusted EPS grew 14.3% and interest guidance increased.