News Bulletin
Wednesday, October, 22nd, 2025
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Wednesday, October 22, 2025 |
||||
|
7:00 |
MBA 30-Year Mortgage Rate |
6.37% |
|
6.42% |
|
7:00 |
MBA Mortgage Applications (WoW) |
-0.30% |
|
-1.80% |
|
7:00 |
MBA Purchase Index |
157.3 |
|
166 |
|
7:00 |
Mortgage Market Index |
316.2 |
|
317.2 |
|
7:00 |
Mortgage Refinance Index |
1214.7 |
|
1168 |
|
10:30 |
Crude Oil Inventories |
-0.961M |
2.200M |
3.524M |
|
10:30 |
EIA Refinery Crude Runs (WoW) |
0.600M |
|
-1.167M |
|
10:30 |
Crude Oil Imports |
0.656M |
|
-1.754M |
|
10:30 |
Cushing Crude Oil Inventories |
-0.770M |
|
-0.703M |
|
10:30 |
Distillate Fuel Production |
0.040M |
|
-0.577M |
|
10:30 |
EIA Weekly Distillates Stocks |
-1.479M |
|
-4.529M |
|
10:30 |
Gasoline Production |
0.235M |
|
-0.394M |
|
10:30 |
Heating Oil Stockpiles |
0.088M |
|
-0.519M |
|
10:30 |
EIA Weekly Refinery Utilization Rates (WoW) |
2.90% |
|
-6.70% |
|
10:30 |
Gasoline Inventories |
-2.147M |
-0.950M |
-0.267M |
|
13:00 |
20-Year Bond Auction |
0.05 |
|
4.61% |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
46,590.41 |
45,877.85 |
43,532.09 |
|
NASDAQ |
22,740.40 |
22,193.35 |
19,849.36 |
|
S&P 500 |
6,699.43 |
6,583.34 |
6,078.30 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue /
Mkt Cap : market Capital/ BMO : Before Market Opening
/AMC : After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt
Cap |
Time |
|
Hermes International SA (HESAY) |
-- |
-- |
4.5B |
4.61B |
265.85B |
BMO |
|
Thermo Fisher Scientific (TMO) |
5.79 |
5.5 |
11.12B |
10.91B |
214.11B |
BMO |
|
AT&T (T) |
0.54 |
0.54 |
30.7B |
30.89B |
183.34B |
BMO |
|
GE Vernova LLC (GEV) |
1.64 |
1.86 |
9.97B |
9.16B |
158.36B |
BMO |
|
Amphenol (APH) |
0.93 |
0.79 |
6.2B |
5.53B |
157.41B |
BMO |
|
Boston Scientific (BSX) |
0.75 |
0.71 |
5.07B |
4.97B |
154.28B |
BMO |
|
CME Group (CME) |
2.68 |
2.64 |
1.5B |
1.53B |
96.64B |
BMO |
|
Moody’s (MCO) |
3.92 |
3.67 |
2.01B |
1.95B |
84.83B |
BMO |
|
Barclays ADR (BCS) |
0.1 |
0.5577 |
7.17B |
9.44B |
70.93B |
BMO |
|
Vertiv Holdings Co (VRT) |
1.24 |
0.99 |
2.68B |
2.59B |
65.76B |
BMO |
|
Hilton Worldwide (HLT) |
2.11 |
2.06 |
3.12B |
3.02B |
64.75B |
BMO |
|
Reckitt Benckiser ADR (RBGLY) |
-- |
-- |
4.82B |
4.83B |
53.10B |
BMO |
|
Svenska Handelsbanken PK
(SVNLY) |
0.1613 |
0.1526 |
1.5B |
1.49B |
46.26B |
BMO |
|
Heineken NV (HEINY) |
-- |
-- |
8.51B |
8.4B |
45.67B |
BMO |
|
DNB Bank ASA (DNBBY) |
0.6941 |
0.6855 |
2.26B |
2.24B |
38.18B |
BMO |
|
Westinghouse Air Brake (WAB) |
2.32 |
2.28 |
2.89B |
2.88B |
33.14B |
BMO |
|
Teledyne Technologies (TDY) |
5.57 |
5.47 |
1.54B |
1.53B |
25.66B |
BMO |
|
Northern Trust (NTRS) |
2.29 |
2.25 |
2.03B |
2.03B |
23.88B |
BMO |
|
NVR (NVR) |
112.33 |
109.36 |
2.56B |
2.55B |
22.13B |
BMO |
|
Fresnillo (FNLPF) |
-- |
-- |
-- |
-- |
20.64B |
BMO |
|
Teck Resources B (TECK) |
0.76 |
0.53 |
3.38B |
2.92B |
20.63B |
BMO |
|
Lennox (LII) |
6.98 |
6.93 |
1.43B |
1.5B |
17.35B |
BMO |
|
Avery Dennison (AVY) |
2.37 |
2.33 |
2.22B |
2.22B |
13.98B |
BMO |
|
Boliden ADR (BDNNY) |
1.71 |
1.37 |
2.33B |
2.5B |
12.40B |
BMO |
|
Akzo Nobel ADR (AKZOY) |
0.3907 |
0.431 |
2.96B |
2.95B |
12.05B |
BMO |
|
Stifel (SF) |
1.95 |
1.89 |
1.43B |
1.33B |
11.93B |
BMO |
|
Ipsen ADR (IPSEY) |
-- |
-- |
1.06B |
1.01B |
11.36B |
BMO |
|
Bunzl plc (BZLFY) |
-- |
0.2 |
-- |
-- |
10.61B |
BMO |
|
Old National Bancorp (ONB) |
0.59 |
0.56 |
705.07M |
696.71M |
8.17B |
BMO |
|
Lithia Motors (LAD) |
9.5 |
8.7 |
9.7B |
9.41B |
7.94B |
BMO |
|
Randstad Holdings NV (RANJY) |
0.3946 |
0.3708 |
6.74B |
6.75B |
7.01B |
BMO |
|
SSAB ADR (SSAAY) |
0.0791 |
0.078 |
2.44B |
2.49B |
6.31B |
BMO |
|
Taylor Morrison Home (TMHC) |
2.11 |
1.92 |
2B |
2.03B |
6.01B |
BMO |
|
Travel + Leisure Co (TNL) |
1.8 |
1.74 |
1.04B |
1.03B |
4.53B |
BMO |
|
United Community Banks (UCB) |
0.7 |
0.7 |
276.84M |
271.03M |
3.65B |
BMO |
|
Unifirst (UNF) |
2.28 |
2.08 |
614.45M |
607.51M |
3.09B |
BMO |
|
BankUnited (BKU) |
0.95 |
0.88 |
275.68M |
280.21M |
2.80B |
BMO |
|
Hochschild (HCHDF) |
0 |
-- |
-- |
-- |
2.42B |
BMO |
|
OFG Bancorp (OFG) |
1.16 |
1.17 |
184M |
187.02M |
1.80B |
BMO |
|
City Holding (CHCO) |
2.41 |
2.15 |
81.26M |
80.09M |
1.77B |
BMO |
|
Healthcare Services (HCSG) |
0.59 |
0.21 |
464.3M |
460.36M |
1.35B |
BMO |
|
PROG Holdings (PRG) |
0.9 |
0.74 |
595.11M |
586.11M |
1.28B |
BMO |
|
Winnebago Industries (WGO) |
0.71 |
0.51 |
777.3M |
725.35M |
1.13B |
BMO |
|
HomeTrust (HTB) |
0.8164 |
0.868 |
54.14M |
52.97M |
702.16M |
BMO |
|
Farmers National (FMNB) |
0.33 |
0.405 |
47.74M |
48M |
504.84M |
BMO |
|
Middlefield Banc (MBCN) |
0.65 |
0.6175 |
19.89M |
19.57M |
270.88M |
BMO |
|
Norwood (NWFL) |
0.89 |
0.695 |
22.1M |
22.1M |
235.30M |
BMO |
|
First Community (FCCO) |
0.67 |
0.65 |
20.46M |
19.77M |
215.20M |
BMO |
|
Wal Mart de Mexico ADR (WMMVY) |
-- |
0.4078 |
-- |
13.15B |
58.16B |
|
|
Lonza Group AG (LZAGY) |
-- |
-- |
-- |
-- |
49.72B |
|
|
Kering SA (PPRUY) |
-- |
-- |
-- |
3.88B |
45.15B |
|
|
Michelin ADR (MGDDY) |
-- |
-- |
-- |
7.47B |
22.28B |
|
|
Coca-Cola Femsa ADR
(KOF) |
-- |
26.31 |
-- |
71.78B |
17.89B |
|
|
Keppel Corporation (KPELY) |
-- |
-- |
-- |
-- |
13.33B |
|
|
Carrefour SA PK (CRRFY) |
-- |
-- |
-- |
27B |
11.03B |
|
|
Biomarin Pharma (BMRN) |
-- |
0.8475 |
-- |
783.99M |
10.31B |
|
|
Bank the Philippine Islands ADR (BPHLY) |
-- |
1.06 |
-- |
849.32M |
9.91B |
|
|
South State (SSB) |
-- |
2.1 |
-- |
660.72M |
9.53B |
|
|
Element Solutions (ESI) |
-- |
0.3963 |
-- |
646.82M |
6.15B |
|
|
First Financial Bankshares
(FFIN) |
-- |
0.4691 |
-- |
161.21M |
4.59B |
|
|
MI Homes (MHO) |
3.92 |
4.36 |
1.13B |
1.16B |
3.50B |
|
|
Tootsie Roll Industries (TR) |
-- |
-- |
-- |
-- |
3.10B |
|
|
St Joe (JOE) |
-- |
-- |
-- |
-- |
2.93B |
|
|
CVB Financial (CVBF) |
-- |
0.37 |
-- |
131.11M |
2.56B |
|
|
Patterson-UTI Energy (PTEN) |
-- |
-0.0898 |
-- |
1.17B |
2.35B |
|
|
Boston Beer (SAM) |
-- |
3.33 |
-- |
542.08M |
2.32B |
|
|
First Merchants (FRME) |
-- |
0.9617 |
-- |
172.87M |
2.13B |
|
|
First Bancorp (FBNC) |
-- |
0.922 |
-- |
113.69M |
2.02B |
|
|
Stock Yards Bancorp (SYBT) |
-- |
1.16 |
-- |
99.98M |
2.00B |
|
|
Turning Point Brands (TPB) |
-- |
0.78 |
-- |
111.43M |
1.58B |
|
|
Arcelik ADR (ACKAY) |
-- |
-- |
-- |
-- |
1.53B |
|
|
TriCo (TCBK) |
-- |
0.91 |
-- |
107.08M |
1.39B |
|
|
Beacon Financial (BBT) |
-- |
0.675 |
-- |
139.01M |
1.11B |
|
|
Old Second Bancorp (OSBC) |
-- |
0.2583 |
-- |
92.74M |
949.29M |
|
|
XPLR Infra LP Unt
(XIFR) |
-- |
-0.1871 |
-- |
368.11M |
946.24M |
|
|
Farmers Long Beach (FMBL) |
-- |
-- |
-- |
-- |
939M |
|
|
Marten Transport (MRTN) |
-- |
0.0512 |
-- |
227.29M |
875.53M |
|
|
Mid Penn (MPB) |
-- |
0.71 |
-- |
58.35M |
641.44M |
|
|
Cementos Pacasmayo ADR (CPAC) |
-- |
0.0796 |
-- |
157.24M |
605.08M |
|
|
GBank Financial Holdings (GBFH) |
-- |
0.44 |
-- |
-- |
554.34M |
|
|
Universal Health RI (UHT) |
-- |
-- |
-- |
-- |
507.93M |
|
|
Bar Harbor Bankshares
(BHB) |
-- |
0.83 |
-- |
47.31M |
506.34M |
|
|
Cass (CASS) |
-- |
0.67 |
-- |
50.2M |
503.27M |
|
|
Northfield Bancorp (NFBK) |
-- |
0.265 |
-- |
39.1M |
463.68M |
|
|
Northrim (NRIM) |
-- |
0.5875 |
-- |
50.6M |
458.82M |
|
|
Farmland Partners (FPI) |
-- |
0.03 |
-- |
6.38M |
454.41M |
|
|
ChoiceOne Financial Services (COFS) |
-- |
0.86 |
-- |
42.15M |
416.22M |
|
|
ASOS plc PK (ASOMY) |
-- |
-- |
-- |
-- |
401.16M |
|
|
Simulations Plus (SLP) |
-- |
0.0986 |
-- |
17.86M |
354.04M |
|
|
Orange County Bancorp (OBT) |
-- |
0.7067 |
-- |
30.15M |
329.40M |
|
|
Citizens&Northern (CZNC) |
-- |
0.525 |
-- |
28.5M |
303.47M |
|
|
BayCom (BCML) |
-- |
0.5133 |
-- |
25.85M |
303.39M |
|
|
John Marshall Bancorp (JMSB) |
-- |
0.37 |
-- |
15.88M |
269.21M |
|
|
Isabella Bank (ISBA) |
-- |
0.63 |
-- |
19.7M |
257.23M |
|
|
Lifecore Biomedical (LFCR) |
-- |
-0.315 |
-- |
26.35M |
254.40M |
|
|
PAM (PAMT) |
-- |
-0.24 |
-- |
160.8M |
238.14M |
|
|
ATN Int (ATNI) |
-- |
0.115 |
-- |
182.8M |
224.41M |
|
|
Vista Gold (VGZ) |
-- |
-- |
-- |
-- |
221.57M |
|
|
National Bankshares
(NKSH) |
-- |
0.66 |
-- |
-- |
185.74M |
|
|
BCB Bancorp (BCBP) |
-- |
0.2125 |
-- |
25.7M |
137.73M |
|
|
Golden Matrix (GMGI) |
-- |
-- |
-- |
48.34M |
137.29M |
|
|
Richmond Mutual Bancorporation (RMBI) |
-- |
-- |
-- |
-- |
136.07M |
|
|
South Atlantic Bancshares (SABK) |
-- |
0.5 |
-- |
14.37M |
127.72M |
|
|
Travelzoo (TZOO) |
-- |
0.152 |
-- |
23M |
108.71M |
|
|
Peoples Financial (PFBX) |
-- |
-- |
-- |
-- |
93.46M |
|
|
Comtech (CMTL) |
-- |
-0.42 |
-- |
117.45M |
85.54M |
|
|
United Bancorp (UBCP) |
-- |
-- |
-- |
-- |
74.77M |
|
|
National Capital Bank (NACB) |
-- |
-- |
-- |
-- |
74.31M |
|
|
First Northwest Bancorp (FNWB) |
-- |
0.19 |
-- |
17.25M |
69.41M |
|
|
Meritage Hospitality (MHGU) |
-- |
0.46 |
-- |
173.1M |
63.78M |
|
|
Omid Holdings Inc (OMID) |
-- |
-- |
-- |
-- |
2.62M |
|
|
First Republic Bank (FRCB) |
-- |
-- |
-- |
-- |
1.87M |
|
|
Sunnova Energy (NOVAQ) |
-- |
-0.76 |
-- |
269M |
375.25K |
|
|
Tesla (TSLA) |
-- |
0.5367 |
-- |
26.22B |
1.46T |
AMC |
|
SAP ADR (SAP) |
-- |
1.73 |
-- |
10.61B |
321.54B |
AMC |
|
IBM (IBM) |
-- |
2.44 |
-- |
16.09B |
267.56B |
AMC |
|
Lam Research (LRCX) |
-- |
1.22 |
-- |
5.22B |
176.59B |
AMC |
|
O’Reilly Automotive (ORLY) |
-- |
0.8325 |
-- |
4.69B |
85.64B |
AMC |
|
United Rentals (URI) |
-- |
12.32 |
-- |
4.16B |
64.14B |
AMC |
|
Kinder Morgan (KMI) |
-- |
0.2963 |
-- |
4.06B |
61.28B |
AMC |
|
Crown Castle (CCI) |
-- |
0.5239 |
-- |
1.06B |
42.60B |
AMC |
|
Raymond James Financial (RJF) |
-- |
2.82 |
-- |
3.64B |
35.80B |
AMC |
|
Las Vegas Sands (LVS) |
-- |
0.6124 |
-- |
3.06B |
34.97B |
AMC |
|
Woodside Energy (WDS) |
-- |
-- |
3.36B |
-- |
28.6B |
AMC |
|
FirstEnergy (FE) |
-- |
0.7455 |
-- |
3.94B |
27.33B |
AMC |
|
Packaging America (PKG) |
-- |
2.82 |
-- |
2.31B |
18.61B |
AMC |
|
Medpace Holdings (MEDP) |
-- |
3.53 |
-- |
640.99M |
15.24B |
AMC |
|
ICON PLC (ICLR) |
-- |
3.3 |
-- |
1.98B |
14.98B |
AMC |
|
Reliance Steel&Aluminum
(RS) |
-- |
3.68 |
-- |
3.54B |
14.47B |
AMC |
|
Annaly Capital Management (NLY) |
-- |
0.7202 |
-- |
527.18M |
13.71B |
AMC |
|
Graco (GGG) |
-- |
0.74 |
-- |
563.11M |
13.50B |
AMC |
|
Equity Lifestyle (ELS) |
-- |
0.4637 |
-- |
328.65M |
12.87B |
AMC |
|
CACI (CACI) |
-- |
6.14 |
-- |
2.26B |
11.37B |
AMC |
|
Globe Life (GL) |
-- |
4.6 |
-- |
1.52B |
10.99B |
AMC |
|
Molina Healthcare (MOH) |
-- |
3.91 |
-- |
10.94B |
10.60B |
AMC |
|
SEI (SEIC) |
-- |
1.26 |
-- |
584.33M |
10.12B |
AMC |
|
Alcoa (AA) |
-- |
0.0167 |
-- |
3.13B |
9.27B |
AMC |
|
Quantumscape (QS) |
-- |
-0.2027 |
-- |
0 |
7.78B |
AMC |
|
Knight-Swift Trans (KNX) |
-- |
0.3699 |
-- |
1.9B |
7.70B |
AMC |
|
Churchill Downs (CHDN) |
-- |
0.97 |
-- |
671.43M |
6.83B |
AMC |
|
Essential Properties (EPRT) |
-- |
0.3111 |
-- |
135.44M |
6.25B |
AMC |
|
First American (FAF) |
-- |
1.38 |
-- |
1.87B |
6.24B |
AMC |
|
Wyndham Hotels (WH) |
-- |
1.44 |
-- |
403.64M |
6.19B |
AMC |
|
West Fraser Timber (WFG) |
-- |
-1.18 |
-- |
1.39B |
5.28B |
AMC |
|
Hexcel (HXL) |
-- |
0.3632 |
-- |
443.2M |
5.09B |
AMC |
|
Selective (SIGI) |
-- |
1.94 |
-- |
1.24B |
4.85B |
AMC |
|
Sonoco Products (SON) |
-- |
1.96 |
-- |
2.16B |
4.11B |
AMC |
|
Plexus (PLXS) |
-- |
1.87 |
-- |
1.05B |
3.96B |
AMC |
|
Texas Capital (TCBI) |
-- |
1.77 |
-- |
326.51M |
3.77B |
AMC |
|
Viking Therapeutics Inc (VKTX) |
-- |
-0.7033 |
-- |
0 |
3.56B |
AMC |
|
WesBanco (WSBC) |
-- |
0.8829 |
-- |
263.45M |
3.00B |
AMC |
|
Robert Half (RHI) |
-- |
0.43 |
-- |
1.36B |
2.97B |
AMC |
|
WD-40 (WDFC) |
-- |
1.26 |
-- |
153.9M |
2.73B |
AMC |
|
Banc of California (BANC) |
-- |
0.321 |
-- |
283.45M |
2.66B |
AMC |
|
Goosehead Insurance (GSHD) |
-- |
0.4743 |
-- |
92.62M |
2.56B |
AMC |
|
Oceaneering International (OII) |
-- |
0.4325 |
-- |
709.22M |
2.46B |
AMC |
|
Stewart Info Services (STC) |
-- |
1.36 |
-- |
737.3M |
2.15B |
AMC |
|
ASGN (ASGN) |
-- |
1.22 |
-- |
1B |
2.12B |
AMC |
|
LendingClub (LC) |
-- |
0.3036 |
-- |
256.29M |
1.88B |
AMC |
|
Century Communities (CCS) |
-- |
0.8233 |
-- |
908.61M |
1.79B |
AMC |
|
ARMOUR Residential (ARR) |
-- |
0.7935 |
-- |
87.68M |
1.77B |
AMC |
|
Getty (GTY) |
-- |
0.3115 |
-- |
52.7M |
1.57B |
AMC |
|
Live Oak Bancshares Inc (LOB) |
-- |
0.6011 |
-- |
148.1M |
1.54B |
AMC |
|
Veris Residential (VRE) |
-- |
-0.0492 |
-- |
74.58M |
1.52B |
AMC |
|
QCR (QCRH) |
-- |
1.75 |
-- |
98.36M |
1.22B |
AMC |
|
OceanFirst (OCFC) |
-- |
0.345 |
-- |
102.46M |
1.10B |
AMC |
|
Origin Bancorp (OBK) |
-- |
0.804 |
-- |
102.08M |
1.06B |
AMC |
|
Helix (HLX) |
-- |
0.168 |
-- |
359.57M |
980.39M |
AMC |
|
Univest (UVSP) |
-- |
0.76 |
-- |
81.75M |
853.79M |
AMC |
|
Horizon Bancorp (HBNC) |
-- |
0.4767 |
-- |
69.34M |
800.86M |
AMC |
|
Precision Drilling (PDS) |
-- |
1.48 |
-- |
465.63M |
745.29M |
AMC |
|
Ribbon Com (RBBN) |
-- |
0.0583 |
-- |
220.04M |
710.98M |
AMC |
|
Brandywine (BDN) |
-- |
-0.1341 |
-- |
114.91M |
677.69M |
AMC |
|
Core Laboratories (CLB) |
-- |
0.35 |
-- |
160.50M |
592.74M |
AMC |
|
Eagle (EGBN) |
-- |
-0.3133 |
-- |
76.66M |
584.30M |
AMC |
|
Covenant (CVLG) |
-- |
0.4407 |
-- |
294M |
546.18M |
AMC |
|
Third Coast Bancshares (TCBX) |
-- |
0.8409 |
-- |
50.97M |
542.94M |
AMC |
|
First Bank (FRBA) |
-- |
0.4561 |
-- |
36.76M |
388.04M |
AMC |
|
USANA Health Sciences (USNA) |
-- |
0.56 |
-- |
224.97M |
380.42M |
AMC |
|
Colony Bankcorp (CBAN) |
-- |
0.47 |
-- |
33.6M |
290.73M |
AMC |
|
First Internet (INBK) |
-- |
0.634 |
-- |
45.48M |
189.95M |
AMC |
|
Socket Mobile (SCKT) |
-- |
-- |
-- |
-- |
7.57M |
AMC |
Market
News:
The S&P
500 closed lower Wednesday, weighed down by fresh U.S.-China trade
war concerns and a slump in streaming giant Netflix following an earnings miss.
At 4:00 ET (20:00 GMT), the Dow Jones Industrial Average slipped 334
points, or 0.7%, the S&P 500 index fell 0.5%, and the NASDAQ Composite fell
0.9%.
Fresh concerns that U.S.-China trade could be set for another blow came
following Reuters report suggesting that the Trump administration is mulling a
ban on Chinese exports made with U.S. software.
The news added further doubt on whether the much-anticipated meeting
between U.S. President Donald Trump and Chinese counterpart Xi Jinping in South
Korea would take place later this month.
Netflix
(NASDAQ:NFLX) stock slumped after it reported a third-quarter
operating margin of 28%, which missed Wall Street expectations, due largely to
charges related to a spat with tax authorities in Brazil.
Still, revenue and profit for the period grew, powered by the firm’s
best-ever quarter for advertising sales, along with a jump in membership and
higher prices.
Toy company Mattel (NASDAQ:MAT) also disappointed investors after
missing estimates and reporting weaker North American sales.
Elsewhere on Wednesday’s earnings docket, telecoms group AT&T
(NYSE:T) added more wireless subscribers than expected in the third
quarter, as bundled plans and heavy promotions around the latest iPhone launch helped it attract more customers in a
fiercely competitive market.
GE Vernova (NYSE:GEV) stock fell
after the energy transition company missed third-quarter earnings estimates,
despite revenue exceeding expectations on robust growth in orders and backlog.
Hilton
Worldwide(NYSE:HLT) stock gained after the hotel operator
outpaced quarterly earnings expectations, even after it slashed its forecast
for 2025 room revenue, hurt by muted U.S. travel demand.
Also, Apple (NASDAQ:AAPL) stock fell after the Nikkei reported
that the tech giant is “drastically” cutting production orders for its new iPhone Air model and shifting focus toward other iPhone 17 variants.
Numbers from electric vehicle manufacturer Tesla (NASDAQ:TSLA) are
due after the close, and will kick off highly-awaited reports from the
“Magnificent Seven” megacap tech group.
The company unveiled record third-quarter deliveries earlier this month, fueled by a marketing and discounting campaign aimed at
boosting sales prior to the withdrawal of a $7,500 U.S. tax credit for EV
buyers. Worries have, in turn, swirled around how Tesla’s performance will be
impacted following the expiration of the tax credits.
For
internal use only