<div id="readability-page-1" class="page">Investors seeking all of the hottest stock market stories will want to keep reading. TipRanks offers the biggest market happenings for Wednesday in the list below.<h3>Claim 50% Off TipRanks Premium</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li></ul> <ul> <li>AT&amp;T (T) stock was on the rise after the wireless company posted its latest earnings report.</li> <li>Eli Lilly (LLY) stock was lower despite a new partnership with German biotech Seamless Therapeutics.</li> <li>Starbucks (SBUX) stock rallied after the coffee company released its most recent earnings results.</li> <li>Intel (INTC) stock gained on news of Nvidia and Apple (AAPL) partnering with the chip company to diversify their supply lines.</li> <li>Meta Platforms (META) stock slipped on reports the social media company is considering ways to implement subscription revenue.</li> <li>Tian Ruixiang (TIRX) stock rocketed higher after the insurance company announced an $80 million investment.</li> <li>Uber Technologies (UBER) stock fell after the ride-sharing company announced a $500 million investment in autonomous vehicle startup Waabi.</li> <li>The Dow Jones Industrial Average (DJIA) was up after President Donald Trump increased pressure on Iran.</li> <li>Eva Live (GOAI) stock underwent a massive rally after the AI company uplisted its shares.</li> <li>The S&amp;P 500 (SPX) rose after the index surpassed 7,000 alongside a strong earnings week.</li> <li>Nvidia (NVDA) stock was up after an analyst praised its recent investment in CoreWeave (CRWV).</li> <li>Advanced Micro Devices (AMD) stock climbed alongside reviews for its Ryzen 7 9800X3D CPU.</li> <li>Scotts Miracle-Gro (SMG) stock jumped after the company announced the sale of its cannabis unit.</li> <li>JPMorgan Chase (JPM) stock was up after the financial firm announced it will match government donations to Trump accounts.</li> <li>Microsoft (MSFT) stock fell after two third-party publishers canceled versions of games that were set to release on Xbox.</li> <li>Eikon Therapeutics was in the news alongside reports it could be valued at $1 billion in an IPO.</li> </ul> Read more of the hottest stock market stories at TipRanks.</div>

Meta Q4 Earnings

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

In the AI era, can Intel win a comeback?

Investors can find the latest stock market updates, including AT&T's rise post-earnings, Starbucks' rally, and Intel's gains from partnerships. Eli Lilly's stock fell despite a new collaboration, while Meta Platforms considers subscription revenue. Tian Ruixiang surged after an $80 million investment, and Uber dropped following a $500 million investment in Waabi. The Dow Jones rose amid geopolitical tensions, and Nvidia gained from analyst praise. Other notable movements include Scotts Miracle-Gro's stock jump after selling its cannabis unit and Microsoft’s decline due to canceled game releases.

- This article highlights significant stock market movements for various companies on a specific Wednesday.  
- AT&T and Starbucks reported earnings that positively impacted their stocks, while Eli Lilly and Uber faced declines due to partnerships and investments, respectively.  
- The Dow Jones Industrial Average rose, driven by external geopolitical pressures, and several stocks like Nvidia and Advanced Micro Devices gained traction from recent developments or product reviews.

Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories!