Tesla Inc (TSLA) stock sold off by more than 5 percent last week ahead of the company’s unpredictable third-quarter earnings report expected on Wednesday. Investors are bracing for what will likely be a difficult quarter or two after Tesla reported it had fallen behind its production schedule in September.
J C Penney Company Inc (NYSE: JCP) stock crashed more than 17 percent Friday to its lowest level since the 1980s after the company issued deep cuts to its 2017 guidance ahead of the critical holiday shopping season. The latest cut only adds to investor concerns that JCP will be unable to save its struggling business.
Oil majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (CVX) saw their stocks dip Friday, despite reporting solid earnings as the global oil market showed modest signs of improvement in the third quarter.
Microsoft Corporation (Nasdaq: MSFT) was to open up 4 percent Friday from the previous day’s close, thanks to bullish investor sentiment and an impressive earnings report for its fiscal first quarter of 2018.
Alphabet Inc (Nasdaq: GOOG, GOOGL) drifted above $1,000 per share late Thursday afternoon, up more than 2 percent in after-market trading, after the company reported third-quarter earnings and revenue that beat Wall Street expectations.
Twitter Inc (NYSE: TWTR) investors finally got the quarter they had been hoping for from the company. On Thursday morning, Twitter reported record third-quarter profits and a return to user growth after reporting no change in monthly active users in the second quarter.
Model 3 production delays and fears over fierce competition have Tesla Inc (Nasdaq: TSLA) investors limping into third-quarter earnings season.
The Coca-Cola Co (NYSE: KO) reported strong third-quarter numbers on Wednesday morning, reasserting its dominant position in the struggling carbonated beverage business.
Chipotle Mexican Grill, Inc. (NYSE: CMG) stock is down 9.5 percent Wednesday in pre-market trading, a day after reporting third-quarter numbers that left a bad taste in investors’ mouths.
General Motors Co. (NYSE: GM) has followed up a strong quarter for its stock with a strong third-quarter earnings report on Tuesday morning. GM stock has generated some positive momentum in recent weeks following positive headlines about its autonomous vehicle technology. However, Tuesday’s report indicates GM’s core auto business is doing just fine.