Visa reported fiscal fourth-quarter revenue of $12.1 billion, up 13%, and guided to low-double-digit growth in fiscal 2027 as payments volume growth eased to 9%.
Robinhood's third-quarter revenue rose 12% to $1.42 billion, yet net income fell 14% as crypto revenue dropped 55% and net interest income slipped 9%.
Seagate reported fiscal first-quarter revenue of $4.23 billion, up 61%, and EPS of $7.68, and guided to $4.8 billion next quarter, but the stock traded lower after hours.
SK hynix reported a third-quarter operating profit of 83.3 trillion won on revenue above 100 trillion won, beating Bloomberg estimates and unveiling a 100 trillion won shareholder return plan.
The S&P 500 rose about 0.6% and the Nasdaq about 1.1% on October 27 as the Fed began a two-day meeting, with inflation at 3.7% and Big Tech earnings ahead.
Cintas shares fell about 7% after reports that the FTC plans to sue to block its $5.5 billion UniFirst acquisition; the companies had already agreed not to close before December 11.
Xylem cut its full-year adjusted EPS guidance to $5.40-$5.45 and now expects flat organic revenue, even as orders rose 10% organically in the third quarter.
PayPal raised its full-year adjusted EPS guidance to about $5.60 from $5.38 as third-quarter revenue rose 2% to $8.58 billion and payment volume grew 6%.
Corning reported third-quarter core sales up 19% to $5.08 billion as optical communications surged 44%, and set a goal of doubling its annualized sales to $40 billion by 2030.
Microsoft launched a time-limited Voluntary Exit Offer on October 26, reportedly open to about 60,000 employees, two days before results that will show how its record AI spending is weighing on costs.
