Vancouver, British Columbia, October 28th / PRNewswire / -- According to news reviews, as semiconductor and technology company financial reports drove the upward trend, and large-cap stocks absorbed divergent performance, the main U.S. stock indices rose during the week. The S&P 500 rose 1.51% in the first three trading days of this week, while the Nasdaq Composite Index rose 1.98%. The Dow Jones Industrial Average rose 0.62% this week, reaching 52,536.29 points.

The VXN that measures the volatility of the Nasdaq index fell by 3.51 points this week to 24.79; WTI crude oil rose by 3.47% on the day, reaching $103.37 per barrel. Companies currently making progress in the market include Texas Instruments ( Texas Instruments Incorporated, Nasdaq code: TXN ), Meta Platforms, Inc (Nasdaq code: META ), IBM (New York Stock Exchange code: IBM ), Broadcom Corporation ( Broadcom Inc, New York Stock Exchange code: BAC ), (New York Stock Exchange code: BX ), (New York Stock Exchange code: C), (New York Stock Exchange code: MS ), as well as Lockheed Martin (New York Stock Exchange code: LMT ).

The S&P 500 closed at 7,739.13 points, up 0.21% for the day and 1.51% for the week; the trading range this week was between 7,639.70 points and 7,742.75 points. On the 14th, the RSI was at 52.6, with resistance at 7,770.40 points and support at 7,734.10 points, which is also the 20-day simple moving average. The index has risen by a total of 13.05% so far this year.

The Nasdaq Composite Index fell 0.03% on the day, closing at 26,468.60 points, but still rose 1.98% this week, reaching a high of 26,582.01 points at one point during the session. On the 14th, its RSI was 47.5, with resistance at the 50-day moving average of around 26,541.13 points and support at the 10-day moving average of approximately 26,439.69 points. The Dow Jones Industrial Average rose 158.72 points, or 0.30%, to 52,536.29 points, approaching the resistance level near 52,691.31 points.

VIX fell back to 17.31, down 1.08 points this week; VXN dropped from this week's high of 28.30 to 24.79, indicating that the sentiment among tech stocks is stabilizing. The yield on 10-year U.S. Treasury bonds rose by 4 basis points to 5.03% both on the same day and this week. Natural gas soared by 13.87% on the same day and increased by 18.02% this week; gold fell by 0.59%, closing at $4,050.70 per ounce.

The complete report also outlines the index levels, key highlights of various sectors, as well as the market sentiment during the last few trading sessions of the week.

Continue reading... For more news on Texas Instruments (Nasdaq ticker: TXN), Meta Platforms, Inc (Nasdaq ticker: META), IBM (New York Stock Exchange ticker: IBM), Broadcom Corporation (New York Stock Exchange ticker: BAC), (New York Stock Exchange ticker: BX), (New York Stock Exchange ticker: C), (New York Stock Exchange ticker: MS), and Lockheed Martin (New York Stock Exchange ticker: LMT): https :// stockpreachers.com / articles / chipmakers-run-the-table-while-mega-caps-catch-their-breath /

Other industry developments and updates in the market this week include:

Texas Instruments Incorporated ( Texas Instruments Incorporated, NASDAQ ticker: TXN ) reported revenue of $6.06 billion for the third quarter, net profit of $2.43 billion, and earnings per share of $2.62; revenue increased by 28% year-over-year, and operating profit grew by 73% to $2.87 billion.

Chairman, President, and CEO Haviv Ilan stated: "Revenues increased by 11% compared to the previous quarter and by 28% compared to the same period last year, with continued broad growth in the industrial, automotive, and data center sectors." He added that over the past 12 months, operating cash flow reached $9.9 billion, with free cash flow at $8.4 billion, and during this time, $5.8 billion was returned to shareholders.

TI has provided revenue guidance for the fourth quarter of $5.8 billion to $6.3 billion, and earnings per share guidance of $2.45 to $2.79. For more details, please refer to the announcement.

Meta Platforms, Inc. (Nasdaq ticker: META) announced third-quarter revenue of $64.6 billion, a year-on-year increase of 26%; net profit of $9.86 billion, a year-on-year increase of 264%; diluted earnings per share of $3.83, a year-on-year increase of 265%.

This quarter includes an expense of $9.89 billion related to an agreement reached with 52 state attorneys general regarding litigation concerning adolescent mental health and social media, which involves payments of up to approximately $18.59 billion. Excluding this expense, the operating profit would be $22.88 billion, and the diluted earnings per share would be $7.40.

Founder and CEO Mark Zuckerberg stated, "This quarter, we have achieved a major milestone in providing personal superintelligence for everyone... Our investments are paying off, our core business is strong, and we see acceleration in all areas." The company has set revenue guidance for the fourth quarter at $73 billion to $76 billion and has narrowed its capital expenditure guidance for 2026 to $135 billion to $145 billion. For more details, please refer to the announcement.

IBM (NYSE ticker: IBM) announced third-quarter revenue of $17.1 billion, a year-on-year increase of 5%; software revenue grew by 8%, and infrastructure revenue increased by 4%. Net profit was $2.2 billion, with diluted earnings per share of $2.31, a year-on-year increase of 26%.

Chairman, President, and CEO Arvind Krishna stated: "The strict implementation of various tasks this quarter has driven accelerated revenue growth and strong free cash flow." He added that the company now expects its annual free cash flow to increase by more than $1 billion year-over-year.

Chief Financial Officer James Kavanaugh stated that the performance reflects "strong operational execution," which has driven "accelerated revenue growth and a solid expansion in operating pre-tax profit margins this quarter." IBM The net cash flow from operating activities this quarter was $4 billion, and $1.6 billion in dividends were distributed to shareholders. For more details, please refer to the announcement.

Broadcom Corporation ( Broadcom Inc , NYSE ticker: BAC ) announced a $63 billion financing arrangement with Bank of America, Blackstone, Citibank, and Morgan Stanley to provide Anthropic with AI of computing power capacity. Leveraging Broadcom's technology, deliveries are expected to begin in the calendar year 2027.

The transaction was executed through a special purpose vehicle (SPV) to purchase Broadcom’s XPU AI accelerators and networking solutions, which were then leased to Anthropic. Broadcom will provide residual value support equivalent to the first lien portion of the financing.

Broadcom President and CEO Hock Tan stated: "Today's transaction demonstrates the power of our advanced technology, as well as our firm belief in the AI ecosystem... This proves that there is capital in the market to finance such growth, and Broadcom has a unique advantage in driving this process forward." For more details, please refer to the announcement.

Lockheed Martin (NYSE: LMT) has received a $694 million contract from the U.S. Air Force to produce air-launched rapid response weapons (Air - Launched Rapid Response Weapon, ARRW), which are hypersonic missiles integrated onto B-52 with speeds exceeding Mach 5.

The company also held a groundbreaking ceremony for the expansion project of the P-20 facility in Troy, Alabama, adding 47,000 square feet of production space. This will triple the current production capacity of the facility and create additional job opportunities over the next four years. Previously, Lockheed Martin already employed nearly 4,000 people in that state.

Lockheed Martin's President of Missile and Fire Control Business, Tim Cahill, stated: "The award of the ARRW production contract demonstrates Lockheed Martin's ability to develop and begin producing cutting-edge systems at an unprecedented speed and scale." For more details, please refer to the announcement.

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