Benzingaยท2025-10-21 12:25Group 1: JPMorgan Chase & Co. - JPMorgan Chase reported third-quarter 2025 net income of $14.4 billion, or $5.07 per share, which is a 12% increase year over year, surpassing the analyst estimate of $4.84 per share [1] - The company's sales reached $47.12 billion, exceeding expectations of $45.39 billion [1] - Shares of JPMorgan gained 1.6% to close at $302.36 [6] Group 2: Illumina, Inc. - Illumina is set to announce its third-quarter earnings on October 30, with analysts expecting earnings of $1.17 per share on revenue of $1.07 billion [2] - Illumina shares rose 4.2% to close at $99.50 during the session [6] Group 3: Columbia Banking System, Inc. - Columbia Banking System was upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, with a price target raised from $30 to $31 [3] - The stock has a yield of 5.7% and a price-to-earnings ratio of 10 times [2] - Shares of Columbia Banking System gained 4.3% to close at $25.36 [6] Group 4: Alibaba Group Holding Limited - Alibaba introduced a new computing pooling system called Aegaeon, which reduces reliance on Nvidia GPUs by 82% for AI models [4] - Shares of Alibaba gained 3.8% to settle at $173.47 [6]