Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Trade Mixed as October Jobs Rose by 165,000— Airbnb, Cloudflare, Lam Research in Focus (UPDATED)
U.S. stocks were mixed on Friday, with Dow, S&P 500, and Nasdaq 100 futures moving in different directions. October jobs report showed 165,000 new nonfarm payrolls and 4.1% unemployment. Airbnb (ABNB) rose 11.98% after beating earnings estimates, Cloudflare (NET) up 14.84%, and Lam Research (LRCX) up 10.06% on a $25B buyback. Monster Beverage (MNST) fell 2.79% despite meeting estimates, and Five9 (FIVN) dropped 16.51% after cutting guidance. Bitcoin (BTC) traded 0.21% higher at $76,128.
How this was made
The 30-second read
Why it matters
Earnings beats drive short‑term upside for ABNB, NET, LRCX, while guidance cuts and modest results pressure FIVN and MNST.
Market read
Fresh earnings and a $25B buyback create immediate trading opportunities; macro data later today may amplify moves.
What to watch
Potential impact of upcoming Fed rate decision and October jobs data on risk sentiment.
Background
The article is a market wrap highlighting fresh Q3 2026 earnings and a major buyback, set against mixed futures and upcoming macro releases.
Ticker impact
ABNB reported Q3 2026 earnings beating estimates, EPS $3.16 vs $2.85 and revenue $4.87B vs $4.75B, driving an 11.98% pre‑market rise.
likely upside as market prices in the earnings beat
Beat on both earnings and revenue; pre‑market price already up ~12%.
NET posted Q3 2026 earnings beating estimates, EPS $0.38 vs $0.34 and revenue $782.5M vs $738.5M, pushing the stock 14.84% higher pre‑market.
likely further upside as momentum builds
Both EPS and revenue beat; sizable pre‑market rally.
LRCX announced a $25 billion share buyback, sending the stock 10.06% higher in pre‑market trading.
likely upward pressure as buyback supports price
Buyback size is material; immediate price reaction positive.
MNST reported Q3 2026 earnings in line with estimates, EPS $0.30 vs $0.30 and revenue $2.56B vs $2.50B, but the stock fell 2.79% pre‑market.
potential modest downside as market digests lack of upside
Results met expectations; price fell, indicating limited enthusiasm.
FIVN beat Q3 2026 earnings but cut FY26 adjusted EPS guidance, leading to a 16.51% pre‑market drop.
likely further pressure as guidance downgrade dominates
Guidance cut is a strong negative catalyst despite earnings beat.
Market effects
Tech earnings beat and buyback support may buoy broader software and semiconductor sectors.
U.S. pre‑market moves could influence Asian tech indices that opened lower.
Mixed earnings news adds volatility to global risk assets ahead of upcoming macro data.
Counterpoint
Despite strong earnings, elevated valuations may limit upside; focus on guidance cuts and macro risk.
Key entities
- companyAirbnb
Online marketplace for lodging, ticker ABNB
- companyCloudflare
Web performance and security services, ticker NET
- companyLam Research
Semiconductor equipment maker, ticker LRCX
- companyMonster Beverage
Energy drink producer, ticker MNST
- companyFive9
Cloud contact center software, ticker FIVN
