{"id":73709,"date":"2026-10-27T16:38:23","date_gmt":"2026-10-27T20:38:23","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-wrap-tech-earnings-beat-estimates-as-israel-faces-election-deadlock\/73709\/"},"modified":"2026-10-27T16:38:23","modified_gmt":"2026-10-27T20:38:23","slug":"global-markets-wrap-tech-earnings-beat-estimates-as-israel-faces-election-deadlock","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-wrap-tech-earnings-beat-estimates-as-israel-faces-election-deadlock\/73709\/","title":{"rendered":"Global Markets Wrap: Tech Earnings Beat Estimates as Israel Faces Election Deadlock"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> and <strong>NXP Semiconductors (<a href=\"\/stock\/NXPI\">NXPI<\/a>)<\/strong> both beat third-quarter earnings estimates, signaling resilient consumer spending and semiconductor demand.<\/li>\n<li><strong>Robinhood (<a href=\"\/stock\/HOOD\">HOOD<\/a>)<\/strong> reported record trading volumes in equities and options, though total revenue of <strong>$1.40 billion<\/strong> narrowly missed analyst expectations.<\/li>\n<li><strong>Israel\u2019s national election<\/strong> exit polls suggest a political stalemate, with neither Prime Minister Netanyahu\u2019s bloc nor the opposition led by Gadi Eisenkot securing the <strong>61 seats<\/strong> required for a majority.<\/li>\n<li><strong>Baker Hughes (<a href=\"\/stock\/BKR\">BKR<\/a>)<\/strong> secured a major contract from a U.S. tech giant for AI-related power and cooling solutions, highlighting the massive infrastructure spend required for high-density compute.<\/li>\n<li><strong>Energy markets<\/strong> saw a decline as <strong>Brent Crude<\/strong> settled <strong>1.67% lower at $113.88\/bbl<\/strong>, amid reports of potential U.S.-Russia oil ventures being discussed as part of future Ukraine peace negotiations.<\/li>\n<\/ul>\n<h2>Tech and Financial Earnings Drive Market Sentiment<\/h2>\n<p><strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> delivered a strong Q4 performance, reporting revenue of <strong>$12.1 billion<\/strong> and adjusted EPS of <strong>$3.48<\/strong>, surpassing the <strong>$3.44<\/strong> estimate. The payments giant saw cross-border volume growth of <strong>14%<\/strong> and rewarded shareholders by raising its quarterly dividend by <strong>16% to $0.78 per share<\/strong>.<\/p>\n<p><strong>Robinhood (<a href=\"\/stock\/HOOD\">HOOD<\/a>)<\/strong> highlighted a surge in active trader engagement, with platform assets rising <strong>19% year-over-year to $396 billion<\/strong>. While adjusted EBITDA of <strong>$808 million<\/strong> beat estimates, the company declined to provide a full-year 2026 expense outlook, focusing instead on its record <strong>5.2 million <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> subscribers<\/strong>.<\/p>\n<p><strong>NXP Semiconductors (<a href=\"\/stock\/NXPI\">NXPI<\/a>)<\/strong> posted Q3 revenue of <strong>$3.78 billion<\/strong>, coming in ahead of the <strong>$3.75 billion<\/strong> forecast. The company\u2019s adjusted EPS of <strong>$4.20<\/strong> also cleared the <strong>$4.12<\/strong> consensus, reflecting steady demand in the automotive and industrial chip sectors.<\/p>\n<h2>Geopolitical Uncertainty in Israel and Ukraine<\/h2>\n<p>Exit polls from Israel\u2019s latest election indicate a fractured Knesset. While Prime Minister Netanyahu\u2019s <strong>Likud Party<\/strong> remains the largest single entity with approximately <strong>24-25 seats<\/strong>, his bloc is currently projected at <strong>50 seats<\/strong>, trailing the <strong>Eisenkot-led opposition bloc<\/strong> which holds roughly <strong>52-53 seats<\/strong>. Neither side currently has a clear path to a majority.<\/p>\n<p>In a significant geopolitical development, reports suggest Washington is discussing potential deals involving U.S. oil majors and Russia as part of long-term <strong>Ukraine peace talks<\/strong>. The discussions reportedly include joint ventures off the <strong>Sakhalin coast<\/strong> and the resumption of oil deliveries to Europe via the <strong>Druzhba pipeline<\/strong>, though any implementation would depend on the total cessation of the conflict.<\/p>\n<h2>AI Infrastructure and Defense Contracts<\/h2>\n<p><strong>Baker Hughes (<a href=\"\/stock\/BKR\">BKR<\/a>)<\/strong> announced it has been selected by a major U.S. technology company to provide power generation and cooling solutions. The deal specifically targets <strong>high-density AI workloads<\/strong>, utilizing <strong>Chart dry coolers<\/strong> to manage the intense thermal requirements of next-generation data centers.<\/p>\n<p>In the defense sector, <strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong> was awarded a <strong>$694 million U.S. Air Force contract<\/strong>. The agreement tasks the company with the production of an <strong>air-launched hypersonic missile<\/strong>, as the U.S. continues to accelerate its high-speed munitions capabilities to keep pace with global rivals.<\/p>\n<h2>Market Summary<\/h2>\n<p>U.S. indices finished the session in the green, led by the <strong>Nasdaq<\/strong>, which climbed <strong>1.21% to 26,484.86<\/strong>. The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/strong> saw a more modest gain, rising <strong>0.07% to close at 52,399.09<\/strong>. Despite the positive equity movement, energy prices retreated, with <strong>U.S. Crude (WTI)<\/strong> falling <strong>1.83% to settle at $99.90\/bbl<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Visa (V) and NXP Semiconductors (NXPI) both beat third-quarter earnings estimates, signaling resilient consumer spending and semiconductor demand. 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