Analyzing The Labor Market

Group 1: Tesla - A group of Tesla shareholders and state officials are urging investors to reject CEO Elon Musk's $1 trillion pay plan [3] - Tesla's Q3 deliveries report has received positive feedback [3] Group 2: Google - Google plans to invest $4 billion in Arkansas to construct a new data center on over 1,000 acres in West Memphis, powered by Entergy [4] Group 3: Labor Market - The U.S. federal government shutdown has postponed the release of key economic reports, leading market participants to seek alternative data sources [5] - The Chicago Fed's real-time unemployment forecast for September 2025 is 4.34%, slightly up from 4.32% in August and 4.09% in September 2024 [5] - Job cuts reported by Challenger, Gray & Christmas through September 2025 total 946.4K, compared to 609.2K through September 2024 [6] - ADP private sector employment data shows a decline of 32K jobs in September, a significant drop from a revised gain of 54K in August [6] - August JOLTS data indicates job openings at 7.227 million, a slight increase from 7.208 million in July [7] - Initial jobless claims' four-week moving average is 237.5K as of September 20, compared to 225.3K a year ago [7] Group 4: Market Reactions - FICO shares have surged while credit reporting stocks have declined following a shift in the licensing model [9] - Edison (EIX) shares fell after the cancellation of a California grid upgrade grant [9] - Occidental (OXY) shares dropped amid analyst criticism regarding the OxyChem sale [10] - Boeing (BA) has delayed the 777X program and plans to replace striking workers in St. Louis [10] - Applied Materials (AMAT) shares fell due to new export rules affecting sales to China [10]