CVS Health Stock Rockets After Blockbuster Q3 Results, Raises Profit Outlook

CVS Health Stock Rockets After Blockbuster Q3 Results, Raises Profit Outlook

In Wednesday’s earnings announcement, CVS Health (NYSE: CVS) beat expectations across the board. The pharmacy-and-insurance giant reported Q3 total sales of $102.9 billion and adjusted profit of $1.60 per share cvshealth.com gurufocus.com, handily exceeding consensus. Revenue was about $7.5 billion higher than a year ago, driven by volume gains and modest price increases. The results “exceeded Wall Street’s expectations,” according to the Associated Press timesunion.com. Management simultaneously hiked its full-year guidance: adjusted earnings are now seen at $6.55–$6.65 per share cvshealth.com timesunion.com. This marks CVS’s third profit outlook raise in 2025, reflecting confidence in its turnaround plan. Investors rewarded the news –
Tax Season Shocker: Fewer Refunds but Bigger Payouts as New Tax Changes Loom

Tax Season Shocker: Fewer Refunds but Bigger Payouts as New Tax Changes Loom

Fewer Checks, Larger Refunds Mark 2025 Tax Season Americans saw slightly fatter refunds on average this year even as the number of people getting refunds dipped. Final IRS data through October shows the average refund climbed to $3,052, about $48 more than last year’s average accountingtoday.com. That uptick may reflect higher incomes and inflation adjustments that boosted tax withholding – leading many filers to overpay a bit more and get larger refunds. In total, the IRS disbursed $311.65 billion in refunds for the 2025 season, roughly 0.6% more than the prior year el-balad.com. However, those dollars were spread across slightly
Verizon’s Q3 Surprise: Earnings Beat, Subscriber Surge & Bold 5G Moves Under New CEO

Verizon’s Q3 Surprise: Earnings Beat, Subscriber Surge & Bold 5G Moves Under New CEO

Q3 2025 Earnings – Profits Up, Sales Flat but Subscribers Impress Verizon’s third-quarter results delivered a mixed bag, topping profit expectations while coming in just shy on revenue. Adjusted earnings of $1.21 per share beat consensus by $0.02 seattlepi.com, even as revenue of $33.8 billion (about 3% year-over-year growth) was a tad below the ~$34.2 billion anticipated seattlepi.com investing.com. This marks a return to bottom-line outperformance for the telecom giant, which had missed revenue targets in several recent quarters. Cost controls and stable wireless service margins likely aided the EPS beat. Verizon also reaffirmed its full-year outlook, maintaining guidance for earnings and
Pepsi Bottler Goes Boozy: Varun Beverages Surges on Carlsberg Beer Deal & Q3 Profit Jump

Pepsi Bottler Goes Boozy: Varun Beverages Surges on Carlsberg Beer Deal & Q3 Profit Jump

Varun Beverages’ Big Pivot: From Colas to Carlsberg After decades of selling PepsiCo sodas and bottled water, Varun Beverages is making a bold pivot into booze. The company’s board on Wednesday approved adding alcoholic drinks to its business scope, a strategic move to diversify beyond soft drinks. “In response to the growing popularity of Ready To Drink (RTD) and [a] variety of alcoholic beverages, VBL sees an opportunity for expansion into [this] business… including beer, wine, liquor, brandy, whisky, gin, rum, [and] vodka in India & abroad,” the company said in a statementndtvprofit.com. In other words, the Pepsi bottler will now also
Bitcoin Slides as Fed Meets – 98% of Traders Bet on Rate Cut Fueling Crypto Rally

Bitcoin Slides as Fed Meets – 98% of Traders Bet on Rate Cut Fueling Crypto Rally

Fed Meeting Looms with Near-Certain Rate Cut All signs point to the Federal Reserve lowering interest rates by 0.25% at this week’s meeting, which concludes Wednesday, Oct. 29. According to the CME FedWatch tool and other market indicators, there is roughly a 97–98% probability of a quarter-point cut ts2.tech. This would set the federal funds rate around 4.0%–4.25%, down from the current 4.25%–4.50% range, and would be the Fed’s second cut this year (after a similar cut in September) coindesk.com. Major Wall Street firms are overwhelmingly aligned with this expectation: in fact, most top brokerages predict a 25 bps cut
Boeing Scores Asia Mega-Deals Thanks to Trump – But Q3 Earnings Could Reveal a $4 Billion Shock

Boeing Scores Asia Mega-Deals Thanks to Trump – But Q3 Earnings Could Reveal a $4 Billion Shock

Trump’s Asia Tour Boosts Boeing Sales Boeing is riding a wave of major order wins from Asia as it heads into its Q3 earnings announcement. During a late-October trip through Asia, President Trump helped secure several big-ticket aircraft deals as part of new trade agreements. Malaysia, Thailand, and Vietnam committed to buying U.S.-made planes (primarily Boeing), and Cambodia agreed to partner with Boeing to develop its aviation sector flightglobal.com. According to the White House, Vietnam’s flag carrier Vietnam Airlines will purchase 50 Boeing jets (valued at about $8 billion) under a new trade framework flightglobal.com. Likewise, Thailand agreed to procure 80
29 October 2025
Vedanta’s Big Split Stumbles: Govt Roadblocks, Fresh Delays & What It Means for Investors

Vedanta’s Big Split Stumbles: Govt Roadblocks, Fresh Delays & What It Means for Investors

SEBI Greenlights Documents, But Final Approval Awaits Vedanta’s journey to split its diverse empire reached a tentative milestone when the Securities and Exchange Board of India (SEBI) approved the documentation for the demerger plan Reuters. This essentially meant the market regulator did not object to the revised scheme on record, after earlier compliance checks. SEBI’s nod was crucial – the National Stock Exchange had already issued a no-objection certificate, and Vedanta’s shareholders and creditors had overwhelmingly approved the restructuring (with 99.99% of shareholders in favor, according to filings) in prior votes Icicidirect Icicidirect. However, SEBI’s clearance alone isn’t the finish line. The demerger
NMDC Steel’s Profit Rally Short-Lived as Q2 Loss Triggers 7% Stock Slide

NMDC Steel’s Profit Rally Short-Lived as Q2 Loss Triggers 7% Stock Slide

Q2 Earnings: From Profit to Loss in One Quarter Just a quarter after celebrating its maiden profit, NMDC Steel Ltd swung back to loss in the second quarter of FY26. The state-run steel maker — recently spun off from iron ore mining giant NMDC — posted a net loss of ₹115 crore for Q2 (July–Sept 2025)ndtvprofit.com. This is a stark turnaround from Q1 FY26 (Apr–Jun), when NMDC Steel had earned a modest ₹25.6 crore net profitndtvprofit.com, its first profitable quarter since inception. According to the company’s exchange filing on Wednesday, the bottom-line was dragged down by a sharp drop in margins even as sales held steady.
Adani Green Profit Surge Triggers Stock Rally – Analysts See More Upside Ahead

Adani Green Profit Surge Triggers Stock Rally – Analysts See More Upside Ahead

Q2 Earnings Highlights – Strong Profit on Robust Power Sales India’s renewable energy bellwether Adani Green delivered a solid quarterly performance. Net profit jumped about 25% year-on-year to ₹644 crore in Q2 FY26, up from ₹515 crore a year agohindustantimes.com. This surge came despite total income being largely flat – revenue from operations was ₹3,008 crore versus ₹3,005 crore in Q2 last yearhindustantimes.com. The top-line was steady, but the quality of revenue improved: income from the core power supply business (which makes up the bulk of revenues) rose 20% to ₹2,776 crorebusinesstoday.in, supported by new capacity additions and higher utilization of renewable plants. The company’s EBITDA
Gold Soars Past $4,000 for the First Time – Inside the Historic Rally and What’s Next

Gold Price Surges Back Above $4,000 on Fed Cut and Trade Hopes – Is $5,000 Next?

Gold bars sit atop a table – the recent price jump back above $4,000 reflects booming demand amid global uncertainty. As of Oct. 29, 2025, spot gold is trading around $4,028 per ouncereuters.com, after a volatile week of record highs and sharp pullbacks. Key drivers include expected Fed rate cuts (supporting gold) and eased U.S.-China trade tensions (which briefly dented demand)ts2.techreuters.com. Gold Price Today and Recent Trend Gold surged nearly 2% on Oct. 29, rebounding to about $4,028/oz by 10am GMTreuters.com after hitting ~$3,970 late on Oct. 28 (the weakest since early Oct). This bounce followed a steep correction from
Vietnam’s Crypto Gold Rush: Binance, Bybit & Korean Custodian BDACS Supercharge Da Nang’s Digital Finance Hub

Bitcoin Rockets to $113K on Fed Hopes – Can It Hit $200K Next?

Key Facts: As of Oct 29, 2025, Bitcoin trades around $113,000ycharts.comnews.abplive.com (roughly –0.5% on the day). Over the past week it has rallied about 5% from mid-month lowsts2.tech. In early October BTC hit an all-time high near $125K, then plunged below $105K during trade-war jitters (liquidating ~$19B in leveraged bets)ts2.tech. Since mid-October Bitcoin has climbed roughly 10% back toward ~$114Kts2.tech. Major drivers include a likely Fed rate cut (25 bps expected at the Oct.29 FOMC) and easing U.S.–China trade tensionsts2.techts2.tech. Market sentiment swung from “Extreme Fear” mid-month (fear/greed ~24) back toward neutralts2.tech. Other large cryptocurrencies are also up: Ethereum ≈ $4,000
XRP Price Jumps Back After Wild Swing – Ripple’s Token Eyes ETF Catalyst in Volatile Crypto Market

XRP Surges Past $2.60 on ETF Hopes and Fed Pivot – Experts Eye $5 Target

Analysis – Technicals: XRP’s charts show a bullish bias. CoinDesk analysts report that the critical near-term support now sits around $2.61–2.63coindesk.com, with resistance clustered near $2.70–2.80coindesk.comts2.tech. A decisive close below ~$2.50 would undermine this structurecoindesk.com. Momentum indicators (RSI, MACD) have turned cautiously positive in recent sessionscoindesk.com, and the recent breakout was accompanied by heavy volume (one session saw volume ~31–147% above normal)coindesk.comts2.tech. Chart observers note a “cup-and-handle” consolidation forming on XRP’s daily chart; a confirmed move above ~$2.63 could project toward ~$5–$10 in theoryts2.tech. Conversely, failure of the ~$2.60 support band could invite a retest of the ~$2.20–2.40 zonecoindesk.comts2.tech. Fundamentals

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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