♟️ Thursday 5 November 2026 Thu, 5 Nov 2026

McKesson delivered a strong fiscal second quarter, with revenue up 8% and adjusted diluted EPS rising 18%. The healthcare distributor lifted its full-year adjusted EPS guidance while expanding its specialty-care portfolio through new investments and acquisitions.

Coherent delivered US$2.37 billion in fiscal first-quarter revenue and raised its fiscal 2027 pro forma growth outlook above 60%, helped by a sharp increase in datacentre and communications demand. The photonics company also flagged a five-year PhotonLink agreement valued at about US$20 billion, although meaningful revenue from that deal is not expected until early calendar 2028.

PTC’s fiscal 2026 results show subscription momentum beneath broadly flat revenue, but reported earnings were heavily influenced by the sale of Kepware and ThingWorx. The pending Schneider Electric acquisition has also ended the company’s guidance cycle.

Qualcomm’s fiscal 2026 results exposed a sharp split in its business: handset revenue fell heavily, while automotive reached a record US$2 billion quarter and management reiterated its US$5 billion data-centre target. Reported profit was lifted by a large tax benefit, making non-GAAP earnings the clearer measure of underlying performance.

Expedia Group delivered a stronger-than-expected third quarter, with gross bookings up 11% and adjusted EBITDA up 17%. The travel marketplace also raised its full-year outlook while returning US$576 million through share buybacks.

National Australia Bank’s FY2026 profit fell 9.1% to $6.143 billion as higher credit impairment charges and a $1.347 billion software amortisation charge outweighed stronger lending income. The dividend held at 170 cents per share, while capital buffers improved and management flagged a sharper focus on efficiency and risk control.

Grainger delivered a strong third quarter, with sales reaching US$5.2 billion and adjusted diluted EPS rising 22.8% year on year. The industrial distributor also raised its full-year 2026 earnings, sales and operating cash flow guidance.