Nasdaq Gains Over 150 Points; Coca-Cola Posts Upbeat Earnings

U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 150 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.06% to 52,393.05 while the NASDAQ climbed 0.71% to 26,354.54. The S&P 500 also rose, gaining, 0.40% to 7,707.26.

Leading and Lagging Sectors

Information technology shares jumped by 1.1% on Tuesday.

In trading on Tuesday, consumer staples stocks fell by 0.7%.

Top Headline

The Coca-Cola Company (NYSE:KO) reported better-than-expected earnings for the third quarter and raised its earnings guidance.

The company posted quarterly earnings of 91 cents per share which beat the analyst consensus estimate of 88 cents per share. The company reported quarterly sales of $13.400 billion which beat the analyst consensus estimate of $12.920 billion.

Equities Trading UP
           

• AI OKTO CORP. (NASDAQ:AIOK) shares shot up 74% to $15.94. The company recently agreed to sell its 2015-built LPG carrier Dream Arrax for $18 million, and declared a one-time, special dividend of $3.50 per share.
• Shares of Nexera Technologies Ltd (NASDAQ:NEXR) got a boost, surging 54% to $0.6856 after the company announced that it has entered into a definitive agreement to sell KeepZone AI.
• Braiin Limited (NASDAQ:BRAI) shares were also up, gaining 42% to $3.0201. Braiin shares fell 40% on Monday after the company launched Force AI, expanding the capabilities of its RADIUS AI-powered contact center platform.

Equities Trading DOWN

• Datavault AI Inc. (NASDAQ:DVLT) shares dipped 42% to $0.0764 after the company announced its previously issued financial statements for Q3 2025 through Q2 2026 should no longer be relied upon. Restatements are expected to reduce the company’s total assets.
• Shares of SciSparc Ltd. (NASDAQ:SPRC) were down 33% to $0.8695. The company reduced its warrant exercise price to $1 per share in its inducement agreement.
• Actuate Therapeutics, Inc. (NASDAQ:ACTU) was down, falling 30% to $0.3668 after the company announced the pricing of its $11 million offering of 30,986 million shares and warrants at $0.71 per unit.

Commodities 

In commodity news, oil traded down 08% to $100.93 while gold traded up 0.1% at $4,040.40.

Silver traded down 0.5% to $54.080 on Tuesday, while copper rose 0.7% to $6.5905.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.1%, while Spain’s IBEX 35 Index rose 0.2%, London’s FTSE 100 dipped 1%, Germany’s DAX gained 0.2%, while France’s CAC 40 rose 0.3%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 surging 1.73%, Hong Kong’s Hang Seng index falling 0.73%, China’s SSE Composite Index declining 1.33% and India’s BSE Sensex slipping 0.01%.

Economics

• The S&P Cotality Case-Shiller Home Price Index increased 2.7% year-over-year in August, topping market estimates of 2.5%.
• The FHFA house price index rose 0.3% month-over-month in August.
• U.S. durable goods orders rose 1.8% month-over-month in September, versus a revised 0.1% gain in the previous month.
• U.S. building permits declined 0.4% month-over-month to an annual rate of 1.398 million in September.

Photo via Shutterstock