Boston Scientific is down 5.7% after its results, less than its 12.3% premarket loss

Boston Scientific is down 5.7% after the company reported quarterly results today (8-K Item 2.02). It was down 12.3% premarket, so part of the premarket move has faded since the open. Its Q3 FY2026 results show gross margin narrowing to 66.7%. That is 6.1 points behind the Health Care fund (XLV, +0.3%). SPY is up 0.2% and QQQ up 0.1% at 12:31 PM ET. Lam Research (+5.6%), Micron Technology (+4.7%), and Applied Materials (+4.7%), three chipmakers, are higher, and none has a verified company catalyst since Tuesday's close; the Technology fund (XLK) is up 0.3%. The premarket direction is holding: SPY was up 0.2% at 8:15 AM ET. Energy (+1.0%) leads the sector funds and Real Estate (−0.9%) trails them. Of the Morning's 4 tests, 1 is holding so far and 3 are still open. For the afternoon: 2:30 PM ET: FOMC Press Conference.

SPY is up 0.2% and QQQ up 0.1% at 12:31 PM ET versus the prior close. IWM is flat.

Sector funds range from Energy (+1.0%) to Real Estate (−0.9%); 5 of 11 are higher.

Leaders: Energy (XLE) +1.0%; Financials (XLF) +0.5%; Industrials (XLI) +0.5%.

Laggards: Real Estate (XLRE) −0.9%; Consumer Discretionary (XLY) −0.5%; Communication Services (XLC) −0.4%.

108 of the 224 large companies Blockhaven tracks are higher and 116 lower. This is not market-wide breadth.

• BSX Boston Scientific is down 5.7% after the company reported quarterly results today (8-K Item 2.02). It was down 12.3% premarket, so part of the premarket move has faded since the open. Its Q3 FY2026 results show gross margin narrowing to 66.7%. That is 6.1 points behind the Health Care fund (XLV, +0.3%).
• SNDK Sandisk is up 5.8%. No verified catalyst identified. That is 5.4 points ahead of the Technology fund (XLK, +0.3%).
• LRCX Lam Research is up 5.6%. No verified catalyst identified. That is 5.3 points ahead of the Technology fund (XLK, +0.3%). Micron Technology, another chipmaker, is also up 4.7%.
• ON ON Semiconductor is down 5.0%. No verified catalyst identified. That is 5.3 points behind the Technology fund (XLK, +0.3%).
• MU Micron Technology is up 4.7%. No verified catalyst identified. That is 4.4 points ahead of the Technology fund (XLK, +0.3%). Lam Research, another chipmaker, is also up 5.6%.

The Morning edition set 4 tests; each is checked against this observation, and the session is not over.

• Still open: 2:00 PM ET: the Federal Reserve's policy statement. It is still ahead, at 2:00 PM ET.
• Holding so far: Whether Vertiv Holdings, LLC stays above Tuesday's $208.56 close. VRT was at $237.46 at 12:31 PM ET, 13.9% above the $208.56 level the Morning named.
• Still open: Whether Robinhood stays below Tuesday's $94.56 close. No HOOD reading was available at this observation.
• Still open: Amphenol is listed to report before the open. No results filing was found by this observation; timing came from a public calendar, not the company.

Earlier: 8:30 AM ET: Advance Economic Indicators Report (International Trade, Retail, & Wholesale) (Census); scheduled time passed.

Still ahead: 2:30 PM ET: FOMC Press Conference (Federal Reserve); 2:00 PM ET: FOMC Meeting (Federal Reserve).

The VIX stood at 17.32 at 12:15 PM ET, down 0.20 points on the day. This is Cboe's delayed quote, not a close.

Treasury publishes one official yield reading a day, after the session; Blockhaven does not report an intraday yield, so rates are not described here.

What remains for the rest of the session.

1. 2:30 PM ET: FOMC Press Conference: Scheduled for the afternoon; the morning's trading came before it.
2. 2:00 PM ET: FOMC Meeting: Scheduled for the afternoon; the morning's trading came before it.
3. Whether SPY closes above $769.66: It is up 0.2% at 12:31 PM ET, close to the line; the close settles the day's direction.
4. After the close: Microsoft, Alphabet, Alphabet, and KLA are listed to report: Results after the close reach the market after the regular session, so they bear on the next open; timing is a calendar listing.

• The session is not over: a midday reading can change by the close, and nothing here is a forecast of it.
• Moves with no verified catalyst are reported, not explained.
• Blockhaven's Macro read is computed once a day and is not recomputed intraday, so it is not used here.

Observation 12:30 PM ET on Wednesday; data through 12:31 PM ET. Prices are delayed last trades from Nasdaq's public quotes, not closes.

This edition was compiled and published automatically from public sources under Blockhaven's standing editorial policy for intraday editions, at 12:31 PM ET on Wed, Oct 28, 2026, exactly as generated; an editor did not review it individually before release. It describes what has happened and is not a forecast or investment advice.

1. Nasdaq, Nasdaq market activity (quotes), accessed 2026-10-28
2. U.S. Securities and Exchange Commission, SEC EDGAR company filings, accessed 2026-10-28
3. Board of Governors of the Federal Reserve System, Federal Reserve calendar, accessed 2026-10-28
4. U.S. Census Bureau, Economic indicators calendar, accessed 2026-10-28
5. U.S. Bureau of Labor Statistics, BLS release schedule, accessed 2026-10-28
6. Cboe Global Markets, Cboe delayed quotes, accessed 2026-10-28