AI Infrastructure Demand Fuels Celestica’s After-Hours Rally on Revenue Beat
Celestica reported Q3 revenue of $5.83 billion and adjusted EPS of $3.30, both above guidance, while guiding to $40 billion in revenue for 2027.
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Intel Acquires Classiq for $2.2 Billion in Largest Quantum Computing Deal Ever
Intel’s acquisition of Classiq creates a full-stack quantum computing platform and sets an industry record.
JetBlue Posts Wider Loss on Rising Fuel Costs but Sees Improving Margins
JetBlue reported a $257M Q3 loss as fuel costs jumped 61%, but strong demand lifted revenue and the airline raised its full-year unit revenue outlook.
Whirlpool Misses Q3 Estimates, Cuts Full-Year Forecast; Shares Slide
Whirlpool posted weaker third-quarter results and reduced its 2026 ongoing EPS guidance to about $(1.30) amid soft North American demand and higher costs.
DoorDash in Advanced Talks to Acquire Instacart in Potential $16–17 Billion Deal
Instacart is in advanced sale talks with DoorDash after Uber exited, with a possible $16–17B deal that could reshape grocery delivery.
JetBlue Creditors Hire Restructuring Advisers as Bonds Plunge to 42 Cents
JetBlue’s $2 billion bonds crashed to 42 cents, prompting senior creditors to hire restructuring advisers.