The earnings calendar for Wednesday, October 29, 2025 is packed with companies whose results may signpost the health of sectors from banking to telecom and payments. With overall corporate earnings season already showing strength — about 86.7% of S&P 500 companies that have reported beat expectations. Lipper Alpha Insight+2Reuters+2 Below are three key stories to watch this morning.

1. Banking: Deutsche Bank AG Surprises to the Upside

Deutsche Bank posted a net profit of €1.56 billion for Q3, up 7 % from the same quarter a year ago and ahead of analysts’ forecast of about €1.34 billion. Reuters
The standout driver: fixed-income and currency trading jumped 19 %, and origination/advisory revenue rose 27 %. This continues the bank’s multi-year turn-around under CEO Christian Sewing.
Why it matters: A major European lender delivering strong results suggests that banking via advisory/origination and trading remains resilient despite broader macro headwinds. For traders: positive earnings here could lift sentiment in financial stocks and ETFs.

2. Telecommunications: Verizon Communications Inc. Beats EPS, Revenue Flat

Verizon reported an EPS of $1.21 on revenue of $33.8 billion for Q3, modestly beating EPS expectations of ~$1.19 but missing revenue forecasts of $34.3 billion. Barron's
Notable: Verizon added 44,000 new customers, outpacing the ~19,000 forecast. CEO Dan Schulman — recently appointed — emphasised a cultural and cost-structure overhaul.
Why it matters: Telecom earnings often signal consumer spending strength and infrastructure investment cycles. Here we have mixed signals: new-customer growth is bright, but revenue growth is weak. For traders: a “beat but not spectacular” result could temper enthusiasm in telecom-heavy baskets.

3. Payments: Visa Inc.’s Consumer Spending Tailwind

Visa’s latest earnings highlight healthy consumer-spending dynamics: payment volume grew 9 % YoY (up from 8 % prior), revenue rose ~12 % to $10.7 billion, and adjusted EPS came in at $2.98, slightly above expectations. MarketWatch
Cross-border volume (travel & e-commerce) jumped 12 %. Visa also flagged continued investment in “AI-driven commerce, real-time payments, tokenization and stablecoins”.
Why it matters: Payments are a gift to traders if consumer spending and global travel recovery remain intact. Visa’s results suggest both themes are alive — presenting potential upside in related stocks and ETFs.

Market Implications & Trader Take-aways

• With financials showing strength (Deutsche Bank) while telecoms show cautious signs (Verizon), the broader market may lean toward names tied to growth and innovation rather than purely defensive plays.

• The strong payments result from Visa reinforces the case for themes around consumer spending, travel-recovery, and digital payments infrastructure.

• Upcoming earnings for giants like Microsoft Corporation, Meta Platforms Inc., Alphabet Inc. and Apple Inc. remain key — as investors will seek confirmation of AI/cloud momentum. TipRanks+1

Trading themes to watch today:

• Financial stocks: check for earnings beat momentum and shifts in guidance or policy-tailwinds.

• Infrastructure & telecom: focus on subscriber trends and CAPEX signals — here growth may be slower.

• Payments/FinTech: volume growth, cross-border trends and innovation roadmap will drive sentiment.

• Options and volatility: pre-earnings expectations are elevated — e.g., some names show implied moves of 4-8 % today. TipRanks+1

Final Word

Today’s earnings lineup sets an interesting tone: banking showing resilience, payments booming, telecoms under pressure. For traders at The Interval Trader, the key is to stay agile, lean into confirmed winners (payments, innovation themes) and tread carefully where growth signals remain thin.

Keep your watchlist updated, calibrate for implied volatility swings, and align entries with strong catalysts rather than broad sector assumptions.

Let’s trade smart and stay ahead of the curve.