Welcome to Extreme Investor Network, your go-to source for all things investing. Today, we’re diving into the latest market news to provide you with insights and analysis that will give you an edge in the world of investing.
Big Oil
Chevron and Exxon Mobil are set to report in the premarket on Friday. Both CEOs will be making appearances on CNBC after their reports, so stay tuned for valuable insights. Chevron is down 6.8% since its last report, while Exxon Mobil is down 1.5% in the past three months. Keep an eye on these industry giants as they navigate the current market landscape.
October Auto Sales
CNBC TV’s Phil LeBeau will be covering the latest numbers and stock reactions in the auto industry on Friday morning. General Motors is up 13% in the last month, while Ford is down 2.5%. Stellantis, Toyota, Honda, and Hyundai have also seen fluctuations in their stock prices over the past month. Stay informed on the latest developments in the auto sector to make informed investment decisions.
Amazon
Amazon exceeded analysts’ expectations, causing its stock to rise by 5.7% after hours. A key highlight is the rapid growth of Amazon Web Services. With shares up 22.7% for the year so far, Amazon remains a strong contender in the market. Stay up-to-date on Amazon’s performance to capitalize on potential investment opportunities.
Apple
Apple surpassed earnings and revenue projections for its fiscal fourth quarter, with iPhone sales showing a 6% increase year-over-year. Despite this positive news, the stock is down 2% after hours. With Apple up 17% in 2024, it’s essential to monitor its performance to maximize investment returns.
Wayfair
The online home goods and furniture sales company is set to report before the bell on Friday. Once a pandemic favorite, Wayfair’s stock has experienced a significant decline over the past three months. Learn more about the factors influencing Wayfair’s performance to make informed investment decisions.
Simon Property
The shopping REIT is reporting before the bell, with the stock up 10% over the past three months. With a dividend yield of 4.85%, Simon Property continues to be a strong player in the market. Stay informed on the latest developments in the real estate sector to optimize your investment strategy.
October Sector and Industry Check
Financials, Communication Services, and Energy were among the top-performing sectors in October. Health care, materials, and consumer staples, on the other hand, saw declines. Dive deeper into the performance of different sectors and industries to identify potential investment opportunities and risks.
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