Late Night Market Recap Earnings and Bold Moves

 night.owl
 
  night.owl
 
Follow  Message
 
 
 
Night.Owl masters market recaps, offering sharp analysis that uncovers hidden patterns and key moves. Stay ahead with Night.Owl’s expert insights.
 

•  28 Oct 2025
 

•   AMT  
   
  +0.16%
•   AMZN  
   
  +0.69%
•   BKNG  
   
  +0.28%
•   CARR  
   
  +5.84%
•   CCJ  
   
  +0.44%

$AMZN captured headlines with its announcement of cutting approximately 14,000 corporate jobs as part of a major restructuring aimed at becoming more nimble and embracing artificial intelligence. Despite the significant workforce reduction, Amazon stock rose as the company emphasized its commitment to investing in generative AI while reducing bureaucracy. The layoffs represent one of the largest corporate restructurings in recent memory, with some reports suggesting the cuts could eventually reach up to 30,000 positions. Trading volume surged to over 46 million shares as investors digested the news and weighed the potential long-term benefits of a leaner operational structure against the near-term disruption.

$CCJ saw shares power dramatically higher, surging over 23% on massive volume of nearly 24.5 million shares after Cameco announced an $80 billion partnership with Brookfield and Westinghouse to build new nuclear reactors for the United States government. The deal sparked a broader rally in nuclear energy stocks as investors recognized the long-term commitment to expanding nuclear infrastructure. Analysts including Jim Cramer weighed in positively, noting that Cameco is far from speculative and represents a solid investment in the nuclear energy renaissance. The stock led the metals and mining sector, which gained approximately 2.4% on the day.

$CARR delivered strong third-quarter results that beat both earnings and revenue estimates despite a 7% decline in net sales and 4% drop in organic sales. Carrier Global reported non-GAAP earnings per share of $0.67, beating expectations by $0.10, while revenue of $5.58 billion exceeded forecasts by $30 million. The board approved an impressive $5 billion buyback program, signaling confidence in its financial position. Strong segment performance and the substantial capital return plan helped shares gain 0.77% despite the topline challenges, with investors focusing on margin expansion and operational efficiency.

$CHKP experienced a remarkable 10% surge after Check Point Software delivered a substantial earnings beat driven by strong artificial intelligence security demand. The cybersecurity provider reported quarterly revenue growth of 7% year-over-year to approximately $677.5 million, with non-GAAP EPS of $3.94 crushing estimates by $1.49. The calculated billings grew an impressive 20% year-over-year, demonstrating robust demand for its security solutions. Check Point also raised its 2025 revenue midpoint guidance to $2.725 billion as its AI security strategy gains traction. Trading volume reached 2.7 million shares as investors celebrated the strong execution and accelerating growth momentum.

$BKNG posted solid third-quarter results with non-GAAP earnings per share of $99.50 beating estimates by $3.58 and revenue of $9 billion exceeding forecasts by $270 million. Booking Holdings benefited from steady travel demand and set an upbeat full-year 2025 revenue outlook, though shares dipped 2.55% as some investors took profits following the strong run. The online travel leader continues to demonstrate resilience in consumer travel spending despite broader economic uncertainties.

$AMT saw shares decline 3.64% despite American Tower beating both top-line and bottom-line estimates in its third quarter. The real estate investment trust reported earnings of $2.78 per share and delivered adjusted funds from operations and revenue surprises of 6.11% and 2.43% respectively. Strong leasing activity driven by AI and hybrid-cloud demand, along with robust data center growth, led the company to raise its full-year outlook. However, investors appeared to focus on valuation concerns rather than the operational strength, resulting in the decline on volume of over 6 million shares.

$ECL experienced a 4.09% decline despite Ecolab beating third-quarter earnings and revenue estimates with adjusted EPS of $2.07 and sales of $4.165 billion. The company demonstrated strong margin expansion and lifted its full-year EPS outlook while maintaining bold 2026 profit ambitions. However, the in-line earnings component of the report tempered investor optimism, leading to the pullback on relatively modest volume of 2.2 million shares.

$CDNS fell 2.87% even as Cadence Design Systems outperformed third-quarter expectations with reported EPS of $1.93 beating the consensus estimate of $1.65. The electronic design automation company was driven by strong hardware sales and China demand, prompting several analysts to raise their price targets. Rosenblatt Securities increased its target from $320 to $335, while maintaining a neutral rating.

$EA dropped slightly by 0.1% after Electronic Arts reported second-quarter results that missed on both earnings and bookings. The video game publisher withdrew its forecast following news of a $55 billion takeover offer, creating uncertainty around the standalone outlook. Electronic Arts delivered earnings and revenue surprises of negative 4.72% and negative 2.45% respectively, disappointing investors who had expected stronger performance from the Redwood City-based game maker.

View All Headlines