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Tesla Third Quarter Earnings Double, Shanghai Picks Up Pace

Oct 19, 2022
Scott Peters
Tesla revenues and earnings surged after the maker of electric vehicles accelerated production pace in Shanghai.

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Stocks Meandered as Rate Path Worries Overshadowed Earnings

Oct 19, 2022
Barry Adams
Major averages lacked direction and bond yields advanced after another campaign of higher rates by the Fed officials. Tesla earnings doubled and IBM lifted annual sales outlook.

Movers: Ally, Baker Hughes, Generac, Interactive Brokers, Intuitive Surg, Netflix, P&G, Winnebago

Oct 19, 2022
Scott Peters
Winnebago plunged after the backlog plunged. United Air guided positive outlook. Netflix new accounts jumped. Generac lowered its annual sales outlook.

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Stocks Lack Direction and Bond Yields Resume Advance

Oct 19, 2022
Barry Adams
Major averages struggled as investors weighed the impact of looming recession and rising bond yields on corporate earnings.

Goldman Q3 Earnings Falls on Weak Investment Banking Offset by Higher Bond Trading Fees

Oct 18, 2022
Scott Peters
Goldman Sachs third quarter earnings declined on the weakness in merger and public offering activities but volatile bonds, commodities and currencies markets supported higher brokerage fees.

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Stocks Extend Rally, Oil Under Pressure, Home Builders Sentiment Drops

Oct 18, 2022
Barry Adams
Stocks extended rally but trimmed morning gains. Goldman Sachs earnings were ahead of expectations. Microsoft confirms recent jobs as the company tackles slower growth.

Volatile S&P 500 and Nasdaq Soar 3% Following BofA Earnings

Oct 17, 2022
Barry Adams
Major averages soared more than 3% as investors searched for bargains in beaten down sectors. Natural gas dropped to a three-month low on the rising supply and falling demand due to Hurricane Ian.



Stocks Trade Higher, Focus Shifts to Earnings

Oct 17, 2022
Barry Adams
Stocks trade higher after a wild week of trading and bond yields turn lower. With the start of the earnings season, investors hope corporate results beat the lowered expectations.

Indexes Sink Deeper After a Wild Week, Bond Yields Rise Above 4%

Oct 14, 2022
Barry Adams
Major averages closed down for the week and extended this year's loss. Bond yields rose to new 14-year highs and crossed 4%, adding pressure to rates and currencies worldwide.

Movers: Albertsons, Beyond Meat, Citigroup, JPMorgan, Morgan Stanley, PNC, US Banc, Wells Fargo

Oct 14, 2022
Scott Peters
JPMorgan Chase increased its loan loss provision in the latest quarter. Citigroup said investment banking revenues plunged 55%. Kroger agreed to acquire Albertsons.

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Inflation Data Spark Diverging Views in Stocks and Bonds

Oct 14, 2022
Barry Adams
Stock averages erased most of Thursday's gains and the yields on Treasuries advanced a day after the release of consumer price inflation data.

Domino's Pizza Sales Advance On U.S. Price Hikes, Reiterates Food Costs Increases

Oct 13, 2022
Scott Peters
Domino's Pizza third quarter sales increase was supported price increases at U.S. stores offset weak international sales and the dollar strength.

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Taiwan Semiconductor Q3 Net Income Soars 80%

Oct 13, 2022
Scott Peters
Taiwan Semiconductor said the U.S. export controls to China are manageable after the company won one year exemption.

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On Wall Street Stocks Staged Stunning Reversal

Oct 13, 2022
Barry Adams
In a stunning reversal, major averages rebounded from morning losses of 3% to close up above 2% on the hopes of peaking inflation. September inflation stayed near the recent highs, despite five rate hikes in the last seven months.



Movers: Applied Materials, Albertsons, Delta Air, Domino's Pizza, Victoria's Secret, Walgreens

Oct 13, 2022
Scott Peters
Applied Materials lowered its quarterly sales outlook on new China export restrictions. TSMC reported a surge in revenue, gross margin and profit. Victoria's Secret guided operating earnings towards the upper end of the guidance.

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