Market Overview - US stock futures paused after a record-setting session for the Dow, with investors preparing for earnings reports from Tesla and IBM [1][2] - The Dow reached a new all-time closing high, driven by positive blue-chip results [2] Company Earnings - Netflix's stock dropped over 7% after missing earnings expectations due to a $619 million expense related to a tax dispute in Brazil [3][13][14] - Mattel's earnings fell 6% in premarket trading after missing Wall Street revenue expectations [6] - Humana's stock fell nearly 3%, although it has risen 20% over the last six months and 16% over the last year [6] - Intuitive Surgical's stock jumped 15% after beating Wall Street earnings expectations for the third quarter [12] Semiconductor Industry - Texas Instruments' stock fell 8% in premarket trading after forecasting a downbeat fourth-quarter profit and revenue, raising concerns about the industry's recovery [11] - The overall semiconductor market recovery is ongoing but at a slower pace than previous upturns, influenced by broader macroeconomic dynamics [10] Gold and Precious Metals - Gold prices continued to decline after experiencing the largest one-day drop in over a decade [4][15] - Investors are taking profits from precious metal investments, leading to stabilization after sharp falls [15] Cloud Services and AI - Google is reportedly in talks with Anthropic for a cloud deal potentially worth "tens of billions," indicating strong demand for AI and a potential increase in Google Cloud's market share [9][7]
Stock market today: Dow, S&P 500, Nasdaq futures take a breather in wait for next rush of earnings
Yahoo Finance·2025-10-21 23:46