What changed

F Ford Motor Company · 2026Q3

Management guided 2027 profitability to be roughly flat versus 2026 rather than continuing to grow, as heavier investment in UEV, Ford Energy and next-gen vehicles offsets operating improvements.

“we're targeting profitability next year to be roughly in line with this year, with an even stronger automotive business that enables us to invest in our future”— James Farley, President and CEO

Tata Motors announced its acquisition of Iveco Group to enhance its global commercial vehicle operations. The $4.32 billion deal aims to improve growth and diversification rather than consolidation.… Tata Motors-Iveco will focus on building a global CV business: N Chandrasekaran — economictimes.indiatimes.com · 03 November 2026

F Ford Motor Company · 2026Q3

Management said the Fathom EV's revenue opportunity is strengthening, driven by rising EV prices pushing buyers toward lower-cost options and growing used-EV demand, improving the outlook for the upcoming launch.

“the revenue picture, which actually seems to be strengthening”— James Farley, President and CEO

GM’s $220 million privacy settlement and Ford’s new pledge not to sell driving-behavior data to brokers have exposed a potential blind spot. GM’s $220M Privacy Settlement Shows Manufacturing Data Costs — pymnts.com · 04 November 2026

MA Mastercard Incorporated · 2026Q3

Because services and deal-signing revenue was pulled forward into Q3, management expects a similar offset to reduce Q4 revenue growth versus what would otherwise have occurred.

“there is also a little bit of timing of services projects and the signing of deals moving from Q4 to Q3”— Ling Hai, Chief Financial Officer

MSFT Microsoft Corporation · 2026Q3

Microsoft 365 Consumer cloud revenue growth is guided to decelerate to the low 20% range next quarter as the company begins lapping last year's price increase.

Per Amy Hood, Chief Financial Officer

MA Mastercard Incorporated · 2026Q3

Management expects pricing contribution to revenue growth to decelerate ('lap') in Q4 after strong pricing gains in Q3, though it will continue seeking new pricing opportunities.

“we will expect some lapping of the pricing as we head into Q4”— Ling Hai, Chief Financial Officer

MSFT Microsoft Corporation · 2026Q3

Management now expects Azure growth to show modest acceleration in the second half of calendar 2026 versus the first half, after being supply constrained.

“we expect Azure growth to show modest acceleration in the second half of the calendar year, compared with the first half”— Amy Hood, Chief Financial Officer

Very Strong Showing For Bonds Considering The Headwinds There were two major headwinds in play for the bond market today. Most obviously, the jobs report was… Very Strong Showing For Bonds Considering The Headwinds — mortgagenewsdaily.com · 06 November 2026

AMZN Amazon.com · 2026Q3

Advertising revenue growth slowed to 12% year-over-year due to Prime Day shifting out of Q3, lapping NBA timing and a prior-year search monetization change, but management expects growth to return to high teens in Q4.

“we expect year-over-year growth will return to the high teens in Q4”— Andy Jassy, CEO

LLY Eli Lilly and Company · 2026Q3

CEO signaled that as fewer unprecedented launch dynamics (like Bridge uptake and international cash-pay depth) remain unresolved, future guidance beats should narrow and become more predictable than the roughly $10 billion upside seen this year.

“As time goes on, I suspect we will have fewer and fewer of those never-before-done things, and the guidance can become more predictable.”— David A. Ricks, Chair and CEO

AMZN Amazon.com · 2026Q3

Prime Video has reached a tens-of-billions revenue run rate and turned profitable in its own right, a reversal from its prior investment-stage status.

“now profitable in its own right”— Andy Jassy, CEO

LLY Eli Lilly and Company · 2026Q3

Full-year revenue guidance raised to $91-$92 billion from prior guidance, reflecting stronger-than-expected Medicare GLP-1 Bridge uptake in the U.S. and robust Mounjaro performance outside the U.S.

“we now expect full-year revenue to be between $91 and $92 billion”— Lucas E. Montarce, Chief Financial Officer

Eli Lilly: Priced For Acceleration, Reporting Deceleration (NYSE:LLY) Eli Lilly: Priced For Acceleration, Reporting Deceleration (NYSE:LLY) — seekingalpha.com · 03 November 2026

SBUX Starbucks · 2026Q3

Refreshers, a platform management says had become "complacent," were reinvigorated with new customization and flavors, driving double-digit year-over-year U.S. revenue growth, a reversal from prior stagnation.

“it's been a platform, frankly, that we kind of got a little complacent on in the past, and now we are reinvigorating. And we're seeing a really positive response.”— Brian Niccol, Chairman and Chief Executive Officer

SBUX Starbucks · 2026Q3

Coffee costs remained a headwind but had a lower impact than in the first two quarters of fiscal 2026, and management expects price pressure to keep easing in Q4 until it becomes largely immaterial to margin comparisons.

“we expect coffee price pressures to continue easing in Q4 and become largely immaterial to the year-over-year margin comparisons”— Cathy Smith, Executive Vice President and Chief Financial Officer

V Visa · 2026Q3

Commercial and money movement solutions revenue growth stepped down from Q2 due to the absence of a one-time performance adjustment benefit and lapping pricing impacts from a year ago.

“CMS revenue stepped down from Q2 due to the absence of performance adjustment benefits that helped Q2 and lapping pricing impacts”— Christopher Suh, Chief Financial Officer

V Visa · 2026Q3

U.S. payment volume growth accelerated two points from Q2 to 10%, the fastest rate since fiscal 2019 excluding COVID recovery, with both card-present and card-not-present spend accelerating strongly.

“a growth rate not seen since fiscal '19 excluding the COVID recovery”— Christopher Suh, Chief Financial Officer

The Good Investors The View On Consumer Spending From The Largest Payments Companies (2026 Q3) General Investing : The View On Consumer Spending From The Largest Payments Companies (2026 Q3) : The Good Investors % — thegoodinvestors.sg · 30 October 2026

BA The Boeing Company · 2026Q3

Management says the record $745 billion backlog now reflects improved pricing dynamics, underpinning confidence in the multiyear free cash flow trajectory.

“our outlook is supported by a record backlog of $745 billion with improved pricing dynamics”— Robert K. Ortberg, President and Chief Executive Officer

BA The Boeing Company · 2026Q3

Wing back-shop flow improvement enablers failed to yield expected flow savings, delaying 737 rate-47 stability and pushing the rate-52 target out to the back half of 2027.

“Some of those flow enablers just flat out did not yield the flow savings.”— Robert K. Ortberg, President and Chief Executive Officer

META Meta Platforms · 2026Q3

Reality Labs revenue fell 6% in Q3 as lower Quest headset sales were only partially offset by continued growth in AI glasses revenue, a reversal from the segment's prior growth trajectory.

Per Susan J. Li, CFO

META Meta Platforms · 2026Q3

Glasses sales continue growing rapidly, and with Muse integration starting next month, management expects paid subscriptions to rise and the glasses business to begin improving meaningfully going forward.

“we expect that paid subscriptions will increase and that this business will begin improving meaningfully from here.”— Mark Elliot Zuckerberg, CEO

Meta Platforms, Inc. Class A (META) -- AI Innovation and Market Resilience | First Eagle Rising Dividend Fund Q3 2026 Meta Platforms, Inc. Class A (META) -- AI Innovation and Market Resilience | First Eagle Rising Dividend Fund Q3 2026 — gurufocus.com · 07 November 2026

IBM IBM · 2026Q3

Transaction processing grew 10%, reversing second-quarter softness, which management says confirms the earlier weakness was a timing issue rather than a decline in underlying mainframe demand.

“validating our view that the softness we saw in the second quarter reflected timing rather than underlying demand.”— Arvind Krishna, Chairman, President, and Chief Executive Officer

IBM IBM · 2026Q3

Despite the Q3 double-digit TP rebound, management expects growth to normalize and moderate going into Q4 and 2027 rather than sustain double-digit levels.

“I do not expect double-digit performance in TP to keep going”— Arvind Krishna, Chairman, President, and Chief Executive Officer

TSLA Tesla · 2026Q3

Musk stated a bold new expectation that Tesla will eventually handle the majority of all passenger miles globally in markets where it can operate freely, citing its cost advantage over rideshare.

“Tesla will end up doing a majority of all passenger miles on Earth in any country where it is allowed to operate freely.”— Elon Musk, CEO

TSLA Tesla · 2026Q3

Management expects to activate the first customer-owned vehicles for unsupervised FSD within the Robotaxi fleet around Q2 next year, a new milestone beyond company-owned Cybercabs.

“somewhere around Q2 next year is when we can turn on some of the first customer vehicles to be part of the Robotaxi fleet”— Ashok Elluswamy, Vice President of Autopilot Software

Tesla plans to end Cybertruck production at Gigafactory Texas by mid-2027 to make room for increased Cybercab robotaxi production, Elon Musk says. Tesla to wind down Cybertruck production at Texas factory next year to make room for Cybercab — foxbusiness.com · 06 November 2026

GM General Motors Company · 2026Q3

EV volumes declined year-over-year as GM lapped the expiration of the consumer purchase incentive and deliberately aligned EV production with demand, reversing prior EV volume growth.

“EV volumes declined as we lapped the expiration of the consumer purchase incentive in the third quarter of 2025 and aligned EV production with demand.”— Paul Jacobson, Executive Vice President and CFO

GM General Motors Company · 2026Q3

Fourth-quarter full-size pickup volume is expected to fall by roughly 35,000 units year-over-year due to new truck launch downtime, with 2027 truck volumes expected flat versus 2026 before growth resumes in 2028.

“We anticipate a year-over-year volume headwind of approximately 35,000 full-size pickups.”— Paul Jacobson, Executive Vice President and CFO

NFLX Netflix · 2026Q3

Ads business is running behind its aggressive internal growth target for the year due to delays in rolling out new ad products and partner integrations, even though ad revenue still grew over 80%.

“we are currently a bit behind our aggressive target for the year”— Greg Peters, Co-CEO

NFLX Netflix · 2026Q3

Q3 churn improved year-over-year both globally and in the U.S., coming in better than forecast and already industry-leading, reflecting stronger-than-expected retention following recent price changes.

“Q3 churn, both globally and in the United States, improved year-on-year.”— Greg Peters, Co-CEO

Netflix's Loyal Subscribers Are Not Priced Correctly (NASDAQ:NFLX) Netflix's Loyal Subscribers Are Not Priced Correctly (NASDAQ:NFLX) — seekingalpha.com · 06 November 2026

TSM TSMC · 2026Q3

Q3 gross margin declined 1.3 points sequentially to 66.4%, a reversal from prior improvement, driven by dilution from the initial 2nm ramp.

“Gross margin decreased by 1.3 percentage points sequentially to 66.4%, primarily due to margin dilution from the 2 nm ramp.”— Wendell Huang, CFO

TSM TSMC · 2026Q3

Q4 gross margin is guided down another 40bps to 66% at midpoint, as 2nm ramp dilution continues and overseas fab dilution adds further pressure, partly offset by cost improvements.

“primarily due to the continued margin dilution from the steep ramp-up of our 2 nm technology”— Wendell Huang, CFO

UNH UnitedHealth Group · 2026Q3

Elevated Medicaid cost trends in behavioral health, specialty pharmacy, home and community-based services, and inpatient care are moderating slightly, though management continues to monitor them closely.

Per Mike, Medicaid Executive

Utilization and Policy Concerns Weigh on UnitedHealth Group Incorporated (UNH) Utilization and Policy Concerns Weigh on UnitedHealth Group Incorporated (UNH) — insidermonkey.com · 05 November 2026

UNH UnitedHealth Group · 2026Q3

Management said commercial margin recovery toward long-term targets will be stretched out due to persistently high medical cost trends, a delay versus prior recovery timing expectations.

“it is going to stretch out our ability to achieve those long-term objectives and margins for the commercial business”— Tim Noel, CEO UnitedHealthcare

AZO AutoZone · 2026Q3

Management expressed confidence that double-digit domestic commercial growth will continue even as the company begins cycling much tougher year-over-year comparisons into Q4.

“We believe the strong performance will continue as we move forward even as we cycle tougher comparisons to Q4 of last year”— Philip Daniele, President and Chief Executive Officer

AutoZone is positioned to benefit from the auto parts industry's shift from DIY to commercial DIFM services. AutoZone (AZO) Poised for Growth Amid Shift to DIFM Auto Parts Market — gurufocus.com · 26 October 2026

AZO AutoZone · 2026Q3

DIY comp momentum decelerated sharply within the quarter, from 5% and 4.5% in the first two four-week periods to 2.9% in the final period and just 1.3% in the last two weeks, due to unseasonably cool, wet weather.

“Those two weeks were softer than the rest of the quarter with comps of 1.3%”— Philip Daniele, President and Chief Executive Officer

AVGO Broadcom Inc. · 2026Q3

Infrastructure software revenue growth is guided to stabilize at approximately $8.7 billion in Q4, essentially flat to slightly down from Q3's $8.8 billion, decelerating from the 29% year-over-year growth reported in Q3.

“we forecast infrastructure software revenue to stabilize at approximately $8.7 billion”— Hock Tan, President and CEO

AVGO Broadcom Inc. · 2026Q3

Q3 revenue, operating income and free cash flow all exceeded prior company records, with consolidated revenue of $29.6 billion up 86% year-over-year, driven by AI semiconductor revenue growing 221% year-over-year and 54% sequentially.

“We delivered an exceptional quarter with revenue, operating income and free cash flow all exceeding prior records.”— Hock Tan, President and CEO

Broadcom: The Midterm Selloff Is A Gift (NASDAQ:AVGO) Broadcom: The Midterm Selloff Is A Gift (NASDAQ:AVGO) — seekingalpha.com · 06 November 2026

NVDA NVIDIA Corporation · 2026Q3

Q4 guidance of $65 billion implies 14% sequential growth, a deceleration from the record 22% sequential growth delivered in Q3, though still described as driven by continued Blackwell momentum.

Per Colette Kress, Chief Financial Officer

INTC Intel Corporation · 2026Q2

Management now expects PC consumption to be subseasonal in the second half of 2026 and down low double digits for the full year, a shift attributed to rising memory prices and constraints versus prior expectations.

“We expect PC consumption to be subseasonal in the second half of the year and down low double digits percent for all of 2026.”— David Zinsner, Chief Financial Officer

Intel: Time For A Very Serious Watch (NASDAQ:INTC) Intel: Time For A Very Serious Watch (NASDAQ:INTC) — seekingalpha.com · 02 November 2026

AMD Advanced Micro Devices Inc · 2026Q2

Management said the ROCm software stack has reached an important inflection point, now having the performance, capabilities and developer experience needed to deploy AI in production at scale, a shift from earlier maturity concerns.

“ROCm has reached an important inflection point with the performance, capabilities and developer experience customers need to deploy AI in production at scale”— Lisa Su, Chair and CEO

PLTR Palantir · 2026Q2

Management described the prevailing token-consumption pricing model used by AI labs as breaking down for enterprises, breaking budgets without delivering value and effectively transferring customers' proprietary data into competitors' training data.

“This token model may be working for the labs, but it is not working for anyone else.”— Ryan Taylor, Chief Revenue Officer & Chief Legal Officer

AAPL Apple Inc. · 2026Q2

Management flagged a difficult year-over-year comparison for iPad in the June quarter due to the prior-year launch of the A16-powered iPad, signaling a likely growth headwind ahead.

“On iPad, keep in mind we face a difficult compare driven by the launch of the A16-powered iPad in the prior year.”— Kevan Parekh, CFO

GOOGL Alphabet Inc. · 2026Q2

Management now expects a slight FX headwind to consolidated revenue in Q3, reversing from the 1-percentage-point FX tailwind experienced in Q2, primarily affecting Search and YouTube ads.

“we would expect a slight FX headwind to our consolidated revenue in Q3 compared to a 1 percentage point FX tailwind in Q2”— Anat Ashkenazi, CFO