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Stocks Post Best Winning Streak of the Year

Episode 106 Published 2 years ago
Description

MRKT Matrix - Friday, October 18th

  • Stocks rise Friday, head for 6-week winning streak on strong earnings (CNBC)
  • Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35% (CNBC)
  • S&P 500 Earnings Season Update (FactSet)
  • IPhone 16 Sales Soar 20% in China Debut as Demand Returns (Bloomberg)
  • Bank of America hikes Nvidia price target, says shares can rally almost 40% (CNBC)
  • Robotaxi Flop Leaves Tesla’s Lofty Stock Multiple Looking Shaky (Bloomberg)
  • Stellantis to shutter and sell large testing facility amid cost-cutting efforts (CNBC)
  • CVS Shares Fall After Earnings Warning, CEO Ouster (WSJ)
  • Procter & Gamble earnings beat estimates, but weak demand in China hurts sales (CNBC)
  • China Moves to Support Markets After Data Showing Economy Slowed (Bloomberg)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets


Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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