MarketCatalystIntuitive Surgical ($ISRG) shares fell more than 7% after hours following its Q3 2026 report on October 20, as investors focused on future profit margins and a $450 million litigation settlement charge, despite the company beating Wall Street estimates for both revenue and adjusted profit.
Rosenblatt initiated coverage of Robinhood ($HOOD) with a Buy rating and $135 price target, arguing investors underestimate its transformation from a trading app into a comprehensive financial platform.
Oracle ($ORCL) founder Larry Ellison expanded stock-backed borrowing to help finance his son David's $81 billion Warner Bros. Discovery takeover, abandoning plans to sell roughly $7.5 billion in Oracle shares, with Oracle, Tesla ($TSLA), SpaceX and Paramount Skydance shares pledged to secure loans from Citigroup ($C), JPMorgan ($JPM), UBS, HSBC and BNP Paribas.
Meta's ($META) AI app Muse surpassed 10 million U.S. downloads within 40 days of launch, becoming only the 12th app to reach that milestone since Sensor Tower began tracking in 2015, with 10.2 million U.S. installs versus 3.7 million for ChatGPT, 500,000 for Grok and 200,000 for Claude in their first 40 days.
Netflix ($NFLX) reported Q3 earnings of $0.87 per share, $0.05 better than the FactSet consensus of $0.82, with revenue up 11.9% to $12.87 billion, in line with expectations, but guided Q4 EPS to $0.67 versus $0.73 expected, Q4 revenue to $13.44 billion versus $13.52 billion, and full-year 2026 revenue to $51.1 billion versus $51.21 billion.
Equity LifeStyle Properties ($ELS) reported Q3 normalized FFO of $0.79 per share, in line with the FactSet consensus, with revenue up 4.2% to $409.9 million versus $402.8 million expected, and guided Q4 and full-year normalized FFO in line with consensus.