Tesla earnings and Musk, UPS CFO interview: Catalysts

Catalyst Hosts Seana Smith and Madison Mills take a look at the stories moving markets this morning alongside top financial experts.

Tesla (TSLA) shares jump after the electric vehicle (EV) giant’s third quarter report kicked off Magnificent Seven earnings. Yahoo Finance’s Auto Reporter Pras Subramanian outlines what investors need to know about the results and the stock move.

IBM (IBM) reported earnings offering investors a look into the Big Tech and artificial intelligence (AI) space ahead of Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL) earnings next week. Synovus Trust senior portfolio manager Daniel Morgan breaks down the results of next week’s Big Tech earnings.

Less than two weeks ahead of the presidential election, Nobel laureate and New York Times Op-Ed columnist Paul Krugman discusses the US economy, the economic impact of another Trump term, and where JPMorgan Chase & Co. (JPM) CEO Jamie Dimon could fit in a Harris administration.

Financial services companies were in focus as New York Attorney General Letitia James is investigating Capital One Financial Corp's (COF) proposed acquisition of Discover Financial Services (DFS), citing potential antitrust concerns.

Keurig Dr Pepper (KDP) is making headlines as the company, which just reported third quarter results, is reportedly breaking into the energy drink market with an acquisition of Ghost.

American Airlines (AAL) and Southwest Airlines (LUV) reported third quarter earnings beats and lifted their full-year guidance. Citi managing director Stephen Trent breaks down what the quarterly results say about the airline space.

The Department of Justice reportedly sent a letter to Tesla (TSLA) CEO Elon Musk’s America PAC’s $1 million giveaway may be illegal.

Other top trending stocks on the Yahoo Finance platform include QuantumScape Corporation (QS), SoFi Technologies (SOFI), and United Parcel Service (UPS).

This post was written by Naomi Buchanan.

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