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Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
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We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:23 Oct ]
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Below are Today's Key Takeaways.
Top News Move the Market
Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident about strong rate cuts from the Federal Reserve, while corporate news pressured McDonald's and Coca-Cola.The Dow Jones Industrial Average fell 409.94 points, or 0.96%, to 42,514.95, the S&P 500 lost 53.78 points, or 0.92%, to 5,797.42 and the Nasdaq Composite lost 296.47 points, or 1.60%, to 18,276.65.
$T-Mobile US Inc(TMUS)$ โ The telecommunications giant rose about 1.3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported earnings per share of $2.61 on $20.16 billion in revenue, while analysts polled by LSEG had been looking for earnings of $2.42 per share on revenue of $20.01 billion.
$Tesla Motors(TSLA)$ โ Shares leapt 12%. The electric vehicle manufacturer reported third-quarter adjusted earnings of 72 cents per share, beating Wall Streetโs estimates of 58 cents, per LSEG. Revenue came in slightly below expectations at $25.18 billion, while analysts were looking for $25.37 billion.
$Mattel(MAT)$ โ The toymaker added 4% after adjusted earnings came in at $1.14 per share for the third quarter. That is well ahead of the consensus forecast of 95 cents from analysts polled by LSEG. On the other hand, Mattel saw $1.84 billion in revenue for the quarter, slightly below the $1.86 billion estimate from analysts.
Warren Buffett Won't Endorse a Presidential Candidate
Warren Buffett has a message: Watch out for impersonators. The famed investor's company, Berkshire Hathaway, posted a statement to its website this week warning of "fraudulent claims" that Buffett has endorsed political candidates or investment products.
The statement says he won't do so, likely dashing any lingering hopes among Democrats that Buffett, who supported Barack Obama and Hillary Clinton, will make an eleventh-hour endorsement of Kamala Harris.
Tiger Community TOP10 Tickers
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All right, here is all the market information we would like to share with you๏ผ
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