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Thermo Fisher reported Q3 revenue of $12.14 billion, up 9%, and adjusted EPS of $6.68, up 15%. It raised 2026 revenue guidance to $47.7–$48.2 billion and adjusted EPS guidance to $25.13–$25.43.
Shares of banks and other financial institutions ticked up as deal activity continued, boding well for investment-banking profits. Shares of private-credit managers such as Blackstone and Blue Owl recouped some of their recent losses, but remained deep in the red for the year to date. Wall Street banks are set to book