Premarket Movers: Celestica Surges on AI Demand, JetBlue Climbs on Upbeat Outlook, Whirlpool Sinks on Guidance Cut
.webp)
US stock futures edged higher ahead of Tuesday's open, with Dow E-minis up 169 points, or 0.3%, S&P 500 E-minis up 0.2%, and Nasdaq 100 E-minis up 0.27%. Traders are on the sidelines until Wednesday's Federal Reserve rate decision, which markets expect to end with no move.
Biggest premarket movers, Oct. 27, 2026 (as of premarket trading)
| Company (ticker) | Move | Catalyst |
|---|---|---|
| MidCap Financial | +19.1% | Ares Capital to acquire in ~$2.6B deal |
| Celestica | +17.0% | Q3 revenue jumped 83% to $5.83B, raised 2026 targets |
| Innio | +9.1% | Record Q3, raised 2026 guidance |
| JetBlue | +8.4% | Upbeat Q4 margin and unit revenue guidance |
| Royal Caribbean | +4.6% | Q3 profit beat, raised full-year outlook |
| Amkor Technology | +3.5% | Cut capex outlook despite Q3 miss |
| Corning | +3.0% | Q3 earnings and revenue beat |
| Cadence Design Systems | +2.4% | Q3 beat, raised full-year outlook |
| UPS | +1.7% | Raised annual revenue and profit forecasts |
| Whirlpool | -8.4% | Q3 loss, third guidance cut of 2026 |
| Hilton | -5.4% | Fell despite raised RevPAR forecast |
| Smithfield Foods | -4.4% | Q3 miss, lowered full-year outlook |
| PayPal | -1.1% | Q3 revenue miss |
| Centene | -1.0% | Fell despite raised profit forecast |
Earnings drive the morning
Celestica surged 17% before the bell. The data center hardware maker said third-quarter revenue leapt 83% to $5.83B, well past the $5.47B analysts had modeled, while adjusted earnings per share doubled to $3.30. It lifted its 2026 revenue target to $21B and pointed to $40B in 2027 revenue.
Whirlpool sank 8.4% after posting an adjusted quarterly loss of 21 cents per share against expectations for a profit. The appliance maker trimmed its annual revenue view to about $14.5B and now sees a full-year loss of $1.30 per share, its third outlook cut of 2026.
JetBlue climbed 8.4% as fourth-quarter guidance calmed nerves after Monday's slide. Management sees unit revenue up 18% to 22% year over year and operating margin widening by one to two points, even with the quarterly loss landing wider than forecast.
United Parcel Service rose 1.7% after lifting its annual revenue and profit targets, helped by richer international air volumes and fewer low-margin Amazon parcels. The delivery firm sees full-year revenue of about $92.6B, up from $91.2B.
Coca-Cola added 0.3% after raising its outlook for a third consecutive quarter. The drinks group now expects comparable earnings per share to grow at least 11%, versus a prior 9% to 10% range.
PayPal slipped 1.1% on a revenue miss, with quarterly sales of $8.58B falling short of the $8.71B LSEG consensus. The payments firm did raise its full-year adjusted profit view to about $5.60 per share.
Royal Caribbean gained 4.6% after adjusted earnings of $6.57 per share beat the $6.38 FactSet estimate. The cruise operator credited late bookings in Europe and the Caribbean and raised its 2026 profit range.
Hilton Worldwide fell 5.4% despite nudging up its revenue-per-room growth forecast to 4% to 4.5% for the year. Smithfield Foods dropped 4.4% as quarterly sales fell 8.3% to $3.4B and its fresh pork unit swung to an $89M operating loss.
Cadence Design Systems rose 2.4% after beating on both lines, with revenue up 22% to $1.63B. The chip design software firm flagged a record $8.2B backlog and a fresh $2.5B buyback authorization.
Corning popped 3% on adjusted earnings of 91 cents per share, ahead of the 88 cents LSEG consensus. Boeing ticked 0.5% higher on mixed results, with a wider loss offset by better revenue.
Deals and AI money move the rest
Nvidia rose 0.7% after committing $3B to Meta Platforms, which is raising up to $97.5B for AI infrastructure. Meta was roughly flat, with Advanced Micro Devices and Broadcom also drawing interest of up to $5B in total alongside Nvidia.
MidCap Financial Investment jumped 19.1% after Ares Capital agreed to buy it in a stock-and-cash deal worth about $2.6B, a roughly 30% premium to Monday's close.
SoFi Technologies dipped 0.2% ahead of results due before the bell, with analysts modeling revenue of $1.26B. Attention then shifts to Alphabet, Microsoft, and Amazon results Wednesday and Thursday.
