Stock Market News |
| Tesla stock slips after it reports 462,890 total deliveries during the third quarter – CNBC |
| Conagra Brands’ first-quarter sales miss on weak demand – Reuters |
| OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia – Reuters |
| Toyota to invest $500 million in electric air taxi company Joby Aviation – Reuters |
| Private payrolls show better-than-expected growth of 143,000 in September, ADP says – CNBC |
| Nike shares dip as forecast withdrawal worries investors about turnaround timeline – Reuters |
Notables |
| Notable Earnings Today: Constellation Brands (NYSE: STZ), AngioDynamics (Nasdaq: ANGO). |
| Notable IPOs Today: N/A. |
| Notable Equity Crowdfunding Campaigns Ending Today: AJNA BioSciences (Wefunder), Mae’s (Honeycomb). |
| Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), S&P Global Services PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), ISM Non-Manufacturing PMI / Prices / Employment (10:00 a.m. ET), Factory Orders (10:00 a.m. ET), Fed’s Balance Sheet (4:30 p.m. ET). |
Trends to Watch |
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| Gaining Popularity: The Rise of Index Investing in Crypto (CoinDesk) | |
| Labor Dispute: US port workers union backed by White House in strike (Reuters) | |
| Precious Offer: Costco now sells platinum bars — but some financial pros say they aren’t a sure bet (MarketWatch) | |
| Recovery: Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding (New York Times) | |
| Equity Crowdfunding: Pacaso to raise $75M through ‘unique’ crowdfunding effort to boost vacation home co-ownership (Cincinnati Business Courier) | |
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