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Lisa Shalett, CIO at Morgan Stanley Wealth Management, expects the narrative for growth in tech earnings "to continue to stick and hold." She does, however, see bottlenecks shifting in artificial intelligence capex spending into areas that can cause real questions for investors. She speaks on "Bloomberg Surveillance."
Boston Scientific (NYSE:BSX) reported third-quarter 2026 revenue of $5.138 billion, up 1.5% year over year, while adjusted earnings per share fell short of analysts' expectations at $0.73.
"I think there is a strong economic argument for raising rates today by a quarter point," says Claudia Sahm, chief economist at New Century Advisors. She examines the level of confusion around the Federal Reserve's communication strategy on "Bloomberg Surveillance."
Generac Holdings (NYSE:GNRC) reported record third-quarter 2026 net sales of $1.29 billion, up 16% year over year, as net income increased to $109 million.
Del Monte Corporation (NYSE:DMC) reported third-quarter fiscal 2026 net sales of $1.095 billion, up 7.2% year over year, while adjusted diluted earnings per share reached $0.50.
Aon (NYSE:AON) reported third-quarter 2026 revenue of $4.101 billion, up 3% year over year, while adjusted earnings per share increased 10% to $3.36.
Otis Worldwide (NYSE:OTIS) reported third-quarter 2026 revenue of $3.91 billion and adjusted earnings per share of $1.05, beating analysts' expectations for both measures.
GE Vernova (NYSE:GEV) reported third-quarter 2026 revenue of $12.642 billion, up 26.8% year over year, and raised its full-year revenue and cash flow forecasts.
GE HealthCare (NASDAQ:GEHC) reported third-quarter 2026 revenue of $5.5 billion, up 7.2% year over year, and raised its full-year 2026 financial guidance.
VF Corporation (NYSE:VFC) reported fiscal second-quarter 2027 revenue of $2.695 billion and adjusted diluted earnings per share of $0.70, exceeding its guidance and analysts’ earnings expectations.
Avantor (NYSE:AVTR) reported third-quarter 2026 sales of $1.6983 billion, up 4.6% year over year, and net income of $203.4 million compared with a $711.8 million loss a year earlier.
TE Connectivity (NYSE:TEL) reported fourth-quarter sales of $5.312 billion, up 12% year over year, while GAAP diluted earnings per share from continuing operations rose 39% to $3.10.
