Overnight Developments
SoFi beats, raises 2026 guidance and introduces a 2027 outlook — SoFi via SEC EDGAR
SoFi filed its third-quarter release at 7:02 a.m. ET, and the stock jumped in the same five-minute bar, from $14.40 to $15.31. Adjusted net revenue rose 44% to a record $1.37 billion, adjusted EBITDA rose 70% to $470 million, and EPS came in at $0.18, against the $0.17 consensus in Seeking Alpha’s preview. Members grew 35% to 17.1 million. The guidance moved the stock more than the quarter did. SoFi raised 2026 to $5.04 billion adjusted net revenue and $0.61 EPS, and introduced a 2027 outlook of $6.4 billion revenue and $0.90 EPS, which it calls “well ahead of analyst estimates.” The stock was down about 45% for the year going into the print. Affected sectors: Fintech, Banks
Nvidia to invest $3 billion in Meta as it raises $95 billion for AI — CNBC
On Monday, Meta said it would raise $35 billion in underwritten equity offerings, followed by $60 billion through an at-the-market program. It named Nvidia, AMD and Broadcom as interested in buying up to $5 billion of shares. Nvidia confirmed a $3 billion stake on Tuesday. As part of the deal, Meta will expand its Vera Rubin and Vera CPU deployments, and the two companies will deepen their work on Meta’s Muse agent. Monday’s announcement put a size on the shelf Meta had filed unsized at 6:41 a.m. that morning. CNBC reports both stocks flat pre-market. META is -0.1% and NVDA +0.8% on our prints. Affected sectors: Tech, Semiconductors, AI Infrastructure
UPS beats and raises full-year guidance again — CNBC
UPS earned $1.69 adjusted EPS. It raised full-year revenue guidance to about $92.6 billion from $91.2 billion, its second raise in two quarters. Domestic revenue rose 4.5%, even though the company had guided to flat domestic revenue while it shrinks its Amazon volume. International revenue rose 7.1% and supply chain solutions rose 18.2%. The stock is +1.5% pre-market. Affected sectors: Transports, Industrials
Oil inches higher as Iran diplomacy meets continued Houthi attacks — CNBC
As of 6:23 a.m. ET, Brent was +0.22% at $116.07 and WTI +0.52% at $102.29. Prices had fallen earlier after Monday’s talks in Tehran between Saudi, Turkish, Pakistani and Iranian officials, then recovered those losses. The Houthis kept attacking Saudi Arabia over the weekend, and Trump told Fox News on Sunday he was nearing a decision on whether to make a deal with Iran or escalate. Affected sectors: Energy, Airlines
Futures & Pre-Market
| Index | Futures | Change |
|---|---|---|
| S&P 500 | 7,736.50 | +0.3% |
| NASDAQ | 29,573.75 | +0.5% |
| DOW | 52,722.00 | +0.3% |
Futures are as of 07:00 ET, compared with Monday’s 4:30 p.m. futures bar. The ETF proxies agree: SPY is +0.32%, QQQ +0.52% and DIA +0.28% against Monday’s close. On Monday the S&P 500 rose 0.70% to 7,676.77.
Watchlist Movers
Pre-market prints as of ~07:10 ET, compared with Monday’s close.
- SOFI +4.8% pre-market — the Q3 beat and 2027 outlook above
- SMR +2.3%, INTC +1.9%, SMCI +1.8%, OKLO +1.7%, RKLB +1.7%, UPS +1.5% — UPS on earnings; no company-specific headline found for the others
- Everything else is within 1%. META is -0.1% and NVDA +0.8% after the $3 billion stake, and COST has no print since 05:10.
International Markets
Asia was split. The Nikkei rose +1.7% to 63,268, while the Hang Seng fell -0.7% and Shanghai -1.3%. Europe is mixed: FTSE -0.7%, weighed down by HSBC, whose shares fell on a revenue miss despite a buyback of up to $1 billion, and DAX +0.3%.
What to Watch at Open
SoFi is up almost 5% pre-market after raising its 2026 guidance and giving a 2027 outlook it says is well ahead of estimates. Nvidia is the first named buyer in Meta’s $95 billion raise with a $3 billion stake. Boeing reports before the bell after Coca-Cola raised its outlook, and the Fed, Bank of Canada and ECB all decide this week.
This alert is for informational purposes only and does not constitute financial advice.