Stocks End Higher as Amazon Boosts Nasdaq; Indexes Post Weekly, Monthly Gains

Notable S&P 500 Movers on Friday

23 hr 54 min ago

Advancers:

• Amazon (AMZN) stock jumped nearly 10% to a closing record after the tech giant reported better-than-expected earnings for the third quarter. Growth in the company’s Amazon Web Services business helped drive the strong results. CEO Andy Jassy highlighted Amazon’s plans to boost its AI capacity as it benefits from growing demand for AI infrastructure.
• Shares of First Solar (FSLR) powered over 14% higher to notch Friday’s best performance in the S&P 500. Although the solar panel maker’s third-quarter earnings per share fell short of estimates, its revenue for the period topped expectations, boosted by demand from developers of U.S. solar projects. First Solar also announced a plan to open a new manufacturing facility in the U.S. with an annual production capacity of 3.7 gigawatts.
• Coinbase Global (COIN), operator of the largest U.S. cryptocurrency exchange, surpassed quarterly sales and profit forecasts. Coinbase said it saw gains in both consumer and institutional trading volume, bolstered by optimism surrounding the U.S. regulatory outlook for digital assets. CEO Brian Armstrong also highlighted the company’s expansion into prediction markets and tokenized assets, under Coinbase’s “everything exchange” strategy. Coinbase shares added close to 5%. 

Decliners:

• Shares of DexCom (DXCM) tumbled nearly 15%, suffering the steepest daily decline in the S&P 500. While the maker of continuous glucose monitors for patients with diabetes topped third-quarter sales and profit estimates, DexCom’s management team cautioned that 2026 revenue growth could fall short of expectations. Executives also addressed concerns about DexCom’s flagship G7 sensor following reports of quality issues, noting that the company fixed a problem with the product earlier this year and pointing to efforts to improve its customer service platform.
• Erie Indemnity (ERIE) shares slid 5.5% after the insurance management company reported mixed third-quarter results. While earnings per share surpassed forecasts, revenue for the period missed the mark. Erie executives said the company faced challenges related to significant underwriting losses from auto and homeowners policies in recent years driven by an uptick in severe weather.

–Michael Bromberg

Major Stock Indexes End Week, Month Higher

October 31, 2025 04:09 PM EDT

The three major stock indexes all ended the week and month of October comfortably higher.

The Nasdaq, Dow Jones Industrial Average, and S&P 500 closed the week up 2.2%, 0.8% and 0.7%, respectively. In October, the tech-heavy Nasdaq rose 4.7%, while the blue-chip Dow and benchmark S&P 500 advanced 2.5% and 2.3%, respectively.

For the year, the Nasdaq, S&P 500, and Dow are up roughly 23%, 17%, and 12%.

Government Shutdown Leaves Millions Unpaid. Here’s How Banks Are Helping

October 31, 2025 02:35 PM EDT

Millions of federal workers are going without pay, but some U.S. banks are offering assistance to customers affected by the shutdown.

The government shutdown is now in its 31st day, and about 1.4 million federal employees have gone without at least one paycheck, according to the Bipartisan Policy Center.

Banks such as Citibank, Capital One, Wells Fargo, and others are encouraging federal employees whose paychecks have been disrupted by the government shutdown to call to request assistance. Impacted employees can contact their bank or credit card issuer by calling the number on the back of their card.

Read the full article here.

–Elizabeth Guevara

Bright Horizons Family Solutions Stock Pops on Strong Results, Raised Outlook

October 31, 2025 02:18 PM EDT

Shares of Bright Horizons Family Solutions (BFAM) soared 16% Friday, a day after the provider of early education and child care services reported better-than-expected third-quarter results and lifted its 2025 outlook.

The Newton, Mass.-based company posted adjusted earnings of $1.57 per share on revenue that increased 12% year-over-year to $802.8 million. Analysts polled by Visible Alpha had expected $1.32 and $780.2 million, respectively.

For the year, Bright Horizons now sees revenue of about $2.925 billion and adjusted EPS between $4.48 and $4.53. Last quarter, the company guided for revenue of $2.9 billion to $2.92 billion and adjusted EPS of $4.15 to $4.25.

Despite today’s gains, shares of Bright Horizons remain slightly negative for the year.

First Solar Is Top-Performing Stock in S&P 500 Friday

October 31, 2025 12:43 PM EDT

First Solar (FSLR) shareholders liked what they heard from its chief executive about capacity expansion.

The Tempe, Ariz.-based manufacturer of solar panels was the top performer in the S&P 500 Friday afternoon, with shares up 13%.

On a call with analysts following First Solar’s third-quarter report, CEO Mark Widmar said that “we continue to advance our domestic capacity expansion, notably at our Louisiana facility, where we initiated production runs and started plant qualification,” according to an AlphaSense transcript.

In addition, First Solar’s Q3 sales of $1.595 billion were a record and narrowly topped Visible Alpha estimates, although profit of $4.24 per share came up a bit short.

“As a result of our disciplined approach to balancing growth, liquidity, and profitability, we’ve further strengthened our position through the commissioning of our fifth U.S. manufacturing facility, enhancing our liquidity position, and delivering record sales,” Widmar said in the press release with the results.

Including today’s advance, shares of First Solar are up about 50% this year.

Reddit’s Stock Soars Nearly 20% After Earnings Blow Past Expectations

October 31, 2025 11:54 AM EDT

Reddit (RDDT) shares surged Friday after the social media platform posted better-than-expected earnings and an upbeat outlook.

The stock was up about 18% in recent trading, pushing its year-to-date gains close to 40%.

Reddit reported third-quarter earnings per share of $0.80, well above the consensus of analysts surveyed by Visible Alpha. Its revenue soared 68% year-over-year to $585 million, also exceeding expectations as a measure of its users jumped.

Reddit’s users, measured in daily active uniques, or DAUqs, jumped 19% to 116 million. They were up 31% to 64.4 million internationally, boosted by strength in France, Brazil, and India. U.S. DAUq rose 7% to 51.6 million.

Co-founder and CEO Steve Huffman told analysts on the company’s earnings call that Reddit is “making real progress across the three main focus areas we shared last quarter, core product, search and internationalization,” according to a transcript provided by AlphaSense. Huffman called search one of Reddit’s biggest opportunities, noting that during the period more than 75 million people used Reddit for searching the internet, and that number is growing.

–Bill McColl

Newell Brands Stock Dives on Cut Outlook

October 31, 2025 11:34 AM EDT

Newell Brands (NWL) stock sank 30% Friday after the Rubbermaid parent lowered its full-year outlook in part because of tariffs.

After reporting slightly worse-than-expected third-quarter results, the maker of Sharpie markers now sees 2025 net sales down 4.5% to 5% year-over-year, worse than its prior projection of a 2% to 3% decline.

Newell Brands also sees normalized, or adjusted, earnings per share of $0.56 to $0.60, down from its prior range of $0.66 to $0.70, and normalized operating margin of 8.4% to 8.6%, down from 9% to 9.5%.

The Atlanta-based company said the revised outlook includes “an incremental cash tariff cost, compared to 2024, of approximately $180 million.”

Newell Brands’ Q3 sales fell 7.2% to $1.81 billion, “affected by reduced retail inventory levels, softness in international markets—particularly in Brazil—and moderated demand following tariff driven pricing actions,” it said.

Shares of Newell Brands have lost nearly two-thirds of their value this year.

Netflix Stock Is Set for a 10-for-1 Split. What You Need To Know

October 31, 2025 10:59 AM EDT

Netflix said it plans to undergo a 10-for-1 stock split, in a move that could make its stock more accessible to a wider range of investors.

The split, which is set to take place after the closing bell on Friday, Nov. 14, means shareholders will receive nine new Netflix (NFLX) shares for every one they owned heading into the split. Their overall stake in the company won’t change because of it, but each share will subsequently be worth about 10% of its price before the split took effect. Trading at the split-adjusted price is scheduled to begin when the market opens on Monday, Nov. 17.

Netflix said the change is meant to “reset the market price of the Company’s common stock to a range that will be more accessible to employees who participate in the Company’s stock option program.” That could also make it more attractive to investors outside the company who may have shied away from the stock at its recent levels after a run-up this year.

Shares of Netflix were up over 3% around $1,123 in recent trading, bringing their year-to-date gains to about 26%, outpacing the broader S&P 500’s roughly 16% over the same period.

Read the full article here.

–Bill McColl

Dexcom Stock Plummets on CEO Comments About Revenue Growth

October 31, 2025 10:30 AM EDT

After the bell Thursday, DexCom (DXCM) CEO Jake Leach made comments about the glucose monitoring device maker’s full-year revenue forecast. Investors didn’t respond positively Friday morning.

DexCom was the worst-performing stock in the S&P 500 in early trading, with shares down some 15%.

In its third-quarter report yesterday, DexCom projected 2025 revenue of $4.63 billion to $4.65 billion, which would represent approximately 15% year-over-year growth. On the later call with analysts, however, Leach said that “as we look at our range, the top-end of our range is probably slightly below where the Street is today for our base case,” according to an AlphaSense transcript. (The consensus Visible Alpha forecast was for $4.63 billion before the report, and now is $4.64 billion.)

The San Diego-based firm reported Q3 earnings of $0.70 per share on revenue of $1.21 billion, with both topping analysts’ estimates.

Including today’s sharp declines, shares of DexCom are down 25% this year.

Apple Stock Climbs to New Highs as CEO Cook Calls for Best Holiday Season Ever

October 31, 2025 09:37 AM EDT

Apple is on a record-setting streak.

Shares of Apple (AAPL) opened at a record high on Friday after the iPhone maker posted earnings that exceeded analysts’ estimates and CEO Tim Cook gave an upbeat outlook for the holiday season.

Apple reported fiscal fourth-quarter earnings per share of $1.85 on revenue that rose 8% year-over-year to $102.47 billion. Both figures came in ahead of analysts’ estimates compiled by Visible Alpha, as Apple’s services revenue climbed to a record high of $28.75 billion.

Growth in Apple’s iPhone sales also helped drive the better-than-expected results, after the company launched its iPhone 17 lineup in September. Sales of iPhones rose 6% to $49.03 billion in the fourth quarter, contributing the bulk of Apple’s product revenue.

The figure also represented a September quarter revenue record for the iPhone, with CEO Tim Cook suggesting that could mean a record holiday season ahead.

“We expect December-quarter revenue to be the best ever for the company and the best ever for iPhone,” Cook said on the company’s earnings call Thursday, anticipating 10% to 12% revenue growth. Analysts were looking for 6%.

Apple shares were up about 8% for 2025 through Thursday’s close. This week’s gains have boosted Apple’s market capitalization above $4 trillion, making it the world’s second-most-valuable company behind only AI chipmaker Nvidia (NVDA).

–Kara Greenberg

Amazon Stock Pops as Earnings Top Estimates, Driven by AWS Growth

October 31, 2025 08:42 AM EDT

Amazon (AMZN) shares were soaring in early trading Friday after the e-commerce and cloud giant posted third-quarter results that blew past analysts’ estimates, driven by growth in its cloud business.

The shares were up over 13% above $252 in early trading, putting them on track to open at their first all-time high since early February.

The online retail and cloud computing provider reported earnings per share of $1.95, up from $1.43 the same time a year ago, and well above the analyst consensus compiled by Visible Alpha. Revenue rose 13% year-over-year to $180.2 billion, also beating expectations as sales in the company’s Amazon Web Services segment jumped 20% to $33 billion.

“We continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business,” said Amazon CEO Andy Jassy, adding that the company has particularly benefited from “strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity.”

Looking ahead, Amazon said it expects fourth-quarter revenue to come in between $206 billion and $213 billion, compared to the analyst estimate of $208.66 billion.

The company also lifted its projected capital expenditures for the full year to $125 billion from about $118 billion previously, with CFO Brian Olsavsky telling investors during Thursday’s earnings call he expects it to rise in 2026.

Earlier this week, Amazon announced what could be its largest layoffs in the company’s history, with plans to reduce its headcount by about 14,000 jobs, through layoffs and changes to hiring plans as it and other tech companies look to trim costs elsewhere as they boost investments in AI infrastructure.

Through Thursday’s close, the shares were up less than 2% for 2025, as concerns about tariffs and disappointing cloud growth earlier in the year weighed on sentiment

–Aaron McDade

Stock Futures Mostly Rise After Amazon, Apple Results

October 31, 2025 06:58 AM EDT

Futures tied to the Dow Jones Industrial Average were down less than 0.1%.

S&P 500 futures were up 0.6%.

Nasdaq 100 futures advanced 1.2%.