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The U.S. stock market was pointing lower ahead of the open Tuesday after all three main indexes closed at record highs in the previous session.
DexCom reported revenue of $1.21 billion in the third quarter, up 22% year over year, with U.S. revenue growing by 21% and international revenue growing by 22%. Adjusted net income was $0.61 per share, up from $0.45 per share in the prior-year period.
IBM and Advanced Micro Devices created tailwinds for the main indexes after scoring a major quantum-computing win.
It's a busy week for tech company earnings. On Thursday, stocks were moving lower in reaction to disappointing earnings from Meta the day prior, as well as Microsoft's cloud-computing business falling short of analyst expectations.
Cavco earned just under $557 million in revenue in its second quarter of fiscal 2026. This was almost 10% higher than its take in the same period of fiscal 2025. Net income under generally accepted accounting principles ( GAAP) saw a more robust rise, advancing by just under 20% year over year to $52.4 million, or $6.55 per share.