Here are some companies that are making headlines in intraday trading. Pentair — The water treatment company’s stock soared 13% after Pentair raised its full-year earnings outlook. Pentair now expects total sales to decline by approximately 3%, compared with previous expectations of a decline of 4% to 7%. The third quarter results were better in terms of sales and bottom line. SoFi Technologies — The financial services company soared 15% after SoFi raised its full-year outlook. The company now expects total sales of $5.04 billion, up from its previous estimate of $4.75 billion to $4.85 billion and beating the FactSet consensus call of $4.87 billion. SoFi also raised expectations for adjusted earnings before interest, taxes, depreciation and amortization. Dell Technologies — The computer and server maker rose 8% after announcing expansion of cybersecurity capabilities across its artificial intelligence environment. Features include Resilience Operations and PowerProtect AI Assistant for Dell AI Services. AI infrastructure — Stocks of companies that provide the backbone for building artificial intelligence rose Tuesday. That was helped by Anthropic’s preliminary filing to go public on Monday and improved sentiment after a separate agreement by a group of lenders to finance Anthropic’s $63 billion purchase of Broadcom technology. Nevius Group jumped 11%, Western Digital and Bloom Energy rose 8% and Astera Labs rose 9%. Xylem – The global water technology company’s stock price fell almost 12%. Xylem lowered its full-year guidance and now expects adjusted earnings to be in the range of $5.40 to $5.45 per share, compared with previous expectations of $5.55 to $5.70 per share. Third-quarter profits and sales also fell short of TheStreet estimates, according to FactSet data. PayPal — Shares rose 2% after the digital payments platform reported better-than-expected final results for the third quarter. Adjusted earnings were $1.45 per share, beating LSEG’s consensus estimate of $1.31 per share, and PayPal also raised its full-year earnings forecast. United Parcel Service — The package delivery company rose 3% after it reported third-quarter results that beat Wall Street expectations and raised its full-year outlook. UPS now expects full-year consolidated sales of approximately $92.6 billion, higher than previous estimates of $91.2 billion and fourth-quarter sales of $25.7 billion. Nvidia, Meta Platform — Nvidia announced a $3 billion investment in Meta. The news comes after the social media and artificial intelligence giant on Monday announced plans to raise up to $95 billion to support investments in AI infrastructure. Nvidia stock rose 1%, while Metaplatform fell 0.8%. Royal Caribbean — Shares rose 8% after RCL reported third-quarter profit that beat analysts’ expectations. The cruise company’s earnings, excluding certain items, were $6.57 per share, beating LSEG’s consensus estimate of $6.38 per share. The company also raised its full-year profit forecast for 2026. Boeing — The aerospace company fell 9% after reporting mixed third-quarter financials. Boeing posted a larger-than-expected loss, but revenue beat LSEG consensus estimates. Whirlpool — The consumer electronics maker fell 2% after reporting disappointing earnings and guidance. Whirlpool had third-quarter sales of $3.68 billion and an adjusted loss of 21 cents per share. Analysts had expected earnings of 80 cents a share and revenue of $3.92 billion, according to LSEG. Whirlpool also lowered its full-year sales outlook from $15 billion to $14.5 billion. JetBlue Airways — The airline rose more than 20% after JetBlue said it expects margins to expand in the fourth quarter, even though fuel prices are expected to rise 85% from a year ago. JetBlue reported an adjusted loss of 60 cents per share in the third quarter, compared with a loss of 55 cents expected by analysts surveyed by LSEG. Revenue was also slightly below expectations. Celestica — The supply chain management company soared 12% after Celestica raised its full-year earnings forecast. The company now expects adjusted earnings of $11.55 per share, up from its previous estimate of $11.30 per share and above the FactSet consensus estimate of $11.16. Cadence Design Systems — The electronic systems design company rose 8% after its third-quarter results beat expectations and Cadence raised its full-year revenue growth outlook. Cadence had adjusted earnings of $2.11 per share on revenue of $1.63 billion, compared to analysts surveyed by LSEG expecting $2.05 per share and $1.61 billion. —CNBC’s Scott Schnipper, Ananya Chetia, Michelle Fox, Davis Giangiulio, Fred Imbert, Paulina Likos, Amelia Lucas, Darla Mercado, Laya Neelakandan and Kai Nicol-Schwarz contributed reporting.
