๐ผ The latest GDP growth estimate suggests a healthy 3%, while personal consumption may show inflation nearing the Fedโs target.
๐ซ JetBlue's stock plummeted 17% amid revenue forecasts falling short of expectations.
๐ Alphabet's Q3 results exceeded expectations, driven by strong cloud revenue despite advertising challenges.
๐ค Meta and Microsoft are set to report earnings, with a focus on each company's AI strategy and supporting businesses.
โฎ๏ธ New data counters the September jobs report, showing fewer job openings and more quits, indicating a cooling economy.
๐ฐ Major earnings reports will come from Eli Lilly, Starbucks, Robinhood, and Coinbase, among others.
๐ DJT stock continues to rise amid pre-election volatility, reflecting investor sentiment.
๐ฐ Snap surpasses estimates, announcing a $500 million stock buyback to boost shareholder value.
๐ Pfizer raises its full-year forecast by $1.5 billion, responding to activist investor pressures.
๐ McDonald's posts higher Q3 sales recovery following a recent E. coli outbreak affecting investor confidence.
๐ The Nasdaq hit a record close for the first time since July, boosted by Alphabet's strong performance surpassing sales expectations.
๐ Redditโs revenue surged 68% last quarter, spurred by AI data-licensing partnerships, while Snap forecasted a disappointing holiday season despite growing sales.
๐ฏ Chipotleโs recent sales growth fell short of expectations, leading to a stock drop, although new offerings like smoked brisket boosted some demand.