Bounce Versus Cash: October 26 After Close
SPY and QQQ closed above Friday's highs, but their 50-day averages remained overhead. Western Digital and Bloom pushed through Friday's highs intraday without closing there; Newmont recovered after breaking Friday's low. Reported cash figures and the first reactions to Celestica, Cadence and Rambus earnings give these charts a second test. Prices below are in US dollars. The daily candles end with the completed October 26 regular session. After-hours prints are separately recorded observations, not completed daily candles or a live feed.
SPY: a short-term reclaim beneath the 50-day
SPY closed at $765.37, above Friday's $759.97 close and Friday's high. The $767.59 50-day average remained overhead, while the $727.39 200-day average was broader context. The recorded after-hours print on the chart was $765.20. A later daily retest and close above Friday's high would test whether Monday's reclaim holds; the 50-day needs its own daily reclaim. The chart's volume bars show completed daily shares traded, not volume at each price.
QQQ: a larger bounce within a prior decline
The Qs closed at $712.20, above Friday's $704.40 close and Friday's intraday high. They remained below their $725.43 50-day average; the $677.75 200-day average was lower. The separate after-hours observation shown is $712.46. Monday repaired a nearby dated level, not the larger decline from October's high. A daily retest and close above the reclaimed Friday high would strengthen the short-term case.
Western Digital: cash generation and a rebound below the averages
Western Digital reported about $4.38 billion in fiscal first-quarter revenue, $1.6 billion in operating cash, and about $1.38 billion of company-defined free cash flow. Its next-quarter revenue guidance of $5.0 billion-$5.2 billion is a forecast. The stock closed at $356.13, up from Friday's $343.67 close, but below Friday's intraday high. The $429.95 50-day and $415.50 200-day averages remained higher. The older move from a June 18 closing peak of $746.23 to an October 16 closing low of $332.00 was a 55.51% decline; the rise from that low to Monday's close was 7.27%. Those are separate legs, not one repaired trend. The chart's $357.01 after-hours observation is not a new daily close.
Bloom Energy: a strong revenue quarter, but the daily test remains
Bloom reported about $1.24 billion in September-quarter revenue, versus about $519 million a year earlier, and raised full-year revenue guidance. Operating cash flow was negative by about $27 million, with about $153 million in property and equipment purchases. Its $203.92 Monday close was above Friday's $193.30 close, but below Friday's intraday high. The $219.70 200-day and $247.78 50-day averages remained overhead. From a June 22 closing peak of $345.85 to a July 29 closing low of $163.75, the decline was 52.65%; Monday was 24.53% above that low after intervening swings. The recorded $206.14 after-hours print is separate from the daily chart. A later daily close over Friday's high, followed by a daily retest and close above, would be a more durable confirmation than an intraday breach.
Newmont: a cash result and a failed 200-day reclaim
Newmont reported about $2.77 billion in operating cash and $1.91 billion in company-defined free cash flow for the quarter, while attributable gold production was lower year over year. Shares closed at $110.39 after breaking Friday's low intraday, then recovering above it. They did not reclaim the $112.47 200-day average; the $121.52 50-day sat higher. Newmont's May 11 to July 20 closing decline was 26.08%, and its subsequent rise from that low to Monday's close was 23.76%, with further swings in between. The later August 25 closing high of $135.14 to Friday's $108.87 close was a newer 19.44% decline. The recorded after-hours observation of $110.14 remains outside Monday's candle. A daily reclaim, retest and close above the 200-day would improve the chart case.
Verizon: subscriber gains versus a weak close
Verizon reported 406,000 postpaid phone net additions and 137,000 net account additions. Mobility and broadband service revenue was about $23.5 billion; operating cash flow was about $11.5 billion, and Verizon-defined free cash flow was about $7.8 billion. These are issuer measures and need matching definitions before comparing another carrier. The announced AWS/AI commercial framework is not booked revenue and does not by itself explain the stock move. Verizon closed at $43.10, beneath Friday's low and below its $47.44 50-day and $46.74 200-day averages, on above-average completed daily share volume. A daily reclaim of Friday's low, then a daily retest and close above it, would be the first near-term repair.
Celestica: higher sales outlook, lower cash outlook
Celestica reported $5.83 billion in third-quarter revenue versus $3.19 billion a year earlier. GAAP diluted EPS was $3.26; adjusted EPS was $3.30. The company raised its full-year revenue outlook from $20.50 billion to $21.00 billion and its adjusted-EPS outlook, while lowering its full-year free-cash-flow outlook from $600 million to $460 million, citing targeted working-capital investment. Actual and forecast figures belong in separate columns. The completed regular-session close was $246.65, well below the $327.15 50-day and $332.92 200-day averages. A separately recorded after-hours observation was $280.44, or 13.70% above that close. It is an initial reaction, not a new daily candle or proof of a lasting reversal.
Cadence: backlog and revenue against margin performance
Cadence reported about $1.63 billion in quarterly revenue versus $1.34 billion a year earlier. Non-GAAP diluted EPS was $2.11 versus $1.93; GAAP EPS was $1.05 in both periods. Backlog was near $8.2 billion, which is not revenue already earned. The regular-session close was $322.17. A separate after-hours snapshot of $330.90 stood above the $327.20 200-day average, but could not count as a completed daily reclaim. A later daily close, retest and close above that average, alongside future reported margins, would provide a stronger test.
Rambus: earnings growth with an initially lower reaction
Rambus reported about $218 million in third-quarter revenue, up 22% year over year, with about $102 million of operating cash. GAAP EPS was $0.69 and non-GAAP EPS was $0.84. Its $227 million-$233 million fourth-quarter revenue range is guidance. Rambus closed the regular session at $90.32, beneath its $94.25 50-day and $108.16 200-day averages. The separate after-hours observation was $88.86, or 1.62% below the completed close; it was not a new daily low. A daily reclaim of the 50-day would be the first broader chart improvement.
What comes next
The Federal Reserve meeting is scheduled for Tuesday and Wednesday. The advance third-quarter GDP estimate and September personal income and outlays, including PCE, are scheduled for Thursday. These are upcoming releases, not reported outcomes. The useful confirmation across this group is a completed daily close over the dated level, then a daily retest and close above it. Intraday and after-hours prints are different evidence.
The price charts use completed daily share-volume bars; they do not show native TradingView Visible Range Volume Profile or buy/sell flow. After-hours markers are dated recorded snapshots kept outside the daily candles. This is market research only, not a recommendation to buy or sell.
Sources: Western Digital, Bloom Energy, Newmont, Verizon, Celestica, Cadence, Rambus, Federal Reserve calendar, and BEA release schedule. The daily chart panels cite their dated Yahoo Finance regular-session bars and the separately recorded Nasdaq after-hours last sale.
Related: October 26 Morning Watch, October 26 Daily Levels, and the Market Videos archive.