Stocks

Google Ad

JPMorgan Chase $JPM, America's largest bank  kicks off the banking sector's Q317 earnings season on Thursday October 12 before the market opens along with the other money center major bank Citigroup $C. Wells Fargo $WFC, PNC Financial $PNC and Bank of America $BAC report Friday.

Costco Wholesale on Thursday after the close announced better than expected fiscal fourth-quarter earnings, however with a market conerned with a predatory Amazon $COST was down over 5% by market open on net sales missing.

Streaming company Roku $ROKU shares began its first day trading Thursday after it's successful initial public offering raised $220 million giving it a market valuation of $1.3 billion. Roku shares were priced at $14 each, the high end of an expected range of $12 to $14.

The U.S. Commerce Department imposed a 219.63% duty on Bombardier’s CSeries jets.

Tesla $TSLA has been developing an Articial Intelligance (AI) Chip for self driving car using $AMD intellectual property CNBC reported. $AMD shares closed  4.7% higher and continued to be up 8.3% through after hours.Tesla's new chip will likely reduce its reliance on Nvidia $NVDA

Will the massive number of flooded cars from Hurricane Harvey and Irma help soak up the backlog of Ford Motor $F unpopular models that aren't selling? Ford is cutting production at five North American assembly plants to reduce inventory.

Software giant Oracle reported better than expected first quarter earnings but weak forward guidance has seen the stock $ORCL crushed 6.4% on Friday. This was despite an upbeat picture on it's cloud segment.

DowDuPont announced it has finalized it's portfolio review after Dow and DuPont closed on a merger of equals between the two companies earlier this month. The merged company DowDoPont is trading on the NYSE under the ticker $DWDP.

Hardware and home improvement retailer Lowe's $LOW reported worse than expected second-quarter earnings and warned for the full-year with operating margins pressure. Home Depot $HD shares sold off last week on growth concerns.

Cloud enterrpise software firm Salesforce.com $CRM reported better than expected adjusted fiscal second quarter earnings after the market Tuesday. CRM raised guidance with unbilled deferred revenue ended Q2 at $10.4 billion.

Google ads