US stocks marked time before the bell on Tuesday as Wall Street geared up for the next wave of corporate results, with General Motors and Netflix (NFLX) highlighting the docket. Dow Jones Industrial Average futures (YM=F) slipped 0.2%, while S&P 500 futures (ES=F) nudged down 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) also edged down 0.1%. On Monday, stocks rallied as Apple hit a new record high, boosting tech names. Investors are focused on a flurry of major earnings reports due this week, and ...

Earnings vs Federal Reserve - The market currently perceives earnings reports as more significant than Federal Reserve actions, with expectations of two rate cuts by the end of the year reducing uncertainty [1][2] - High valuation levels create a challenging environment for earnings, with a high bar set for companies to meet or exceed expectations [2][4] Market Catalysts - Upcoming earnings reports, Nvidia's GTC, and tariff headlines are identified as critical catalysts for market movement [2][3] - The market is closely monitoring earnings performance, questioning whether results will need to exceed previous benchmarks to satisfy investor expectations [3][4] Regional Bank Credit Concerns - There is a growing discomfort in the market regarding regional bank credit issues, which have emerged in a concentrated timeframe, leading to speculation about potential systemic risks [5][6][9] - Despite concerns, the issues are viewed as idiosyncratic, with a belief that they may not represent a broader credit event risk but could indicate lighter underwriting standards [8][10] Investment Opportunities - High-quality stocks and AI-powered generation companies are recommended as attractive investment opportunities, particularly in the context of energy and grid issues in the U.S. [10][13] - The construction of data centers is highlighted as a sector where power costs are a smaller part of total expenses, suggesting a willingness among major tech companies to invest heavily in energy solutions [13][14]

Tesla and Netflix earnings will guide the week (Photo by Robert Alexander/Getty Images)Getty ImagesAfter an up-and-down week in the markets, we now turn our attention to a ramp-up in earnings season and the ongoing wait to see whether the government will reopen in the coming days. Let’s take a quick look back at last week to set the tone for what lies ahead.Markets managed to finish positive on the week, but it was a bumpy road getting there. After a strong rally last Monday — following the previous week’s ...

Market Overview - Earnings reports have generally exceeded street expectations, particularly for S&P 500 companies, with notable upcoming reports from Tesla and Netflix [2][3] - The market is currently focused on the implications of the ongoing government shutdown, although it has not significantly impacted market sentiment yet [6][12] Company-Specific Insights - Tesla's upcoming earnings report is anticipated to reflect near-term pressures, but long-term innovations like humanoid robots and robo-taxis are being closely watched [3] - Coca-Cola's performance is under scrutiny, especially in light of PepsiCo's recent business turnaround and efficiency improvements [4] - The defense sector is experiencing increased spending due to European purchases, with a focus on which companies are winning government contracts [5] Economic Indicators - China's GDP growth for Q3 came in at 4.8% year-over-year, slightly down from 5.2% in Q2, indicating a slowdown in economic momentum [7] - Fixed asset investment in China has contracted by 0.5% from January to September, marking the first decline since 2020, primarily due to issues in the property market [8] - Mixed signals are emerging from China's import and export data, with some positive indicators in industrial production despite ongoing challenges in the property sector [9][10] Technical Market Analysis - The S&P 500 is being monitored for key support levels, with upside targets at 6730 and downside support at 6600, while the VIX is currently at 20.2% [20] - There is a concern that the market may be showing signs of exhaustion, particularly as it approaches the traditionally bullish holiday season [14][15] Infrastructure Impact - An AWS outage affected around 70 services, primarily on the East Coast and in the UK, but the situation was resolved without significant long-term impact on share prices [17][19]

Earnings Overview - The third-quarter earnings season is beginning, with significant reports from major defense contractors and other popular stocks expected [1] Monday, Oct. 20 - Cleveland-Cliffs Inc. (NYSE:CLF) and Summit Therapeutics Inc. (NASDAQ:SMMT) will release earnings before the market opens [2] - AGNC Investment Corp. (NASDAQ:AGNC) and Zions Bancorporation N.A. (NASDAQ:ZION) are set to report after the market closes [3] Tuesday, Oct. 21 - Major government contractors including GE Aerospace (NYSE:GE), Lockheed Martin Corp. (NYSE:LMT), RTX Corp. (NYSE:RTX), and Halliburton Co. (NYSE:HAL) will report before the market opens [4] - General Motors Co. (NYSE:GM) is expected to report earnings of $2.31 per share and revenue of $45.27 billion [4] - Other companies reporting include The Coca-Cola Co. (NYSE:KO), 3M Co. (NYSE:MMM), and Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) [5] - Netflix Inc. (NASDAQ:NFLX) is anticipated to report earnings of $6.97 per share on revenue of $11.51 billion after the market closes [6] - Intuitive Surgical Inc. (NASDAQ:ISRG) and Texas Instruments Inc. (NASDAQ:TXN) will also report after the market closes [6] Wednesday, Oct. 22 - AT&T Inc. (NYSE:T) and Vertiv Holdings Co. (NYSE:VRT) will report before the market opens [7] - Tesla Inc. (NASDAQ:TSLA) is expected to report quarterly earnings of 53 cents per share on revenue of $26.16 billion after the market closes [7] - Other companies reporting include QuantumScape Corp. (NYSE:QS), International Business Machines Corp. (NYSE:IBM), Southwest Airlines Co. (NYSE:LUV), and Viking Therapeutics Inc. (NASDAQ:VKTX) [8] Thursday, Oct. 23 - American Airlines Group Inc. (NASDAQ:AAL), Nokia Corp. (NYSE:NOK), Mobileye Global Inc. (NASDAQ:MBLY), and Valero Energy Corp. (NYSE:VLO) will report before the market opens [9] - Intel Corp. (NASDAQ:INTC) is expected to be the most-watched report after the market closes, focusing on AI and foundry strategies [10] - Ford Motor Co. (NYSE:F) and Alaska Air Group Inc. (NYSE:ALK) will also report after the market closes [10] Friday, Oct. 24 - Procter & Gamble Co. (NYSE:PG), General Dynamics Corp. (NYSE:GD), and HCA Healthcare Inc. (NYSE:HCA) will close out the week with earnings reports before the market opens [11]

U.S. equity futures are signaling a positive start to the trading week this Monday, October 20, 2025, as investors gear up for a pivotal week dominated by a flurry of major corporate earnings reports and crucial economic data. Optimism is being buoyed by signs of easing trade tensions between the U.S. and China, alongside increasing expectations for potential Federal Reserve rate cuts later this year. However, the ongoing government shutdown continues to cast a shadow, creating a degree of uncertainty in th ...

Group 1 - The upcoming week is expected to be significant for the stock market, with major earnings reports from Tesla and Netflix, alongside the release of the September CPI inflation report [1][2] - The stock market has shown strong weekly gains, contributing to a positive outlook for the coming week [1][2] - U.S.-China trade talks are anticipated to be a major factor influencing market movements [1] Group 2 - Tesla is highlighted as a key stock to watch, with expectations that it may exceed third-quarter earnings estimates [4] - The market is also focusing on various sectors, including defense and mining, as part of the broader economic landscape [2][4] - The stock market has experienced a rebound, driven by comments related to China and other market dynamics [4]

October 16, 2025 09:47 PM GMT Downloaded by daisy@ilookcap.com Not for redistribution without written consent of Morgan Stanley Netflix Inc | North America Entertained & Engaged - Reiterate OW Shares have lagged the NASDAQ by 2,000bp since end of June, with concerns over engagement growth and the competitive threat from AI-generated content weighing on sentiment. We remain bullish expecting strong 2H25 financial results including potential advertising upside and engagement growth. Media & Entertainment | Un ...

Earnings reports next week, including from Tesla and Netflix, will provide a deeper look at U.S. corporate profits while delayed U.S. inflation data will mark another test of the stock market, which has become shakier even as it remains around record highs. Revived U.S.-China trade tensions and credit concerns at regional U.S. banks drove the anxiety."The market is becoming more volatile, but it's also coming off of a very non-volatile period where we didn't have a lot of risk catalysts bubbling to the top ...

Core Viewpoint - The upcoming week is expected to be busy for Wall Street as the third quarter earnings season gains momentum, with significant reports from major companies and the release of consumer inflation data for September [7][8]. Earnings Reports - Major companies set to report earnings include Netflix (NFLX) on Tuesday, Tesla (TSLA) on Wednesday, and other notable names such as Coca-Cola (KO), General Motors (GM), and 3M (MMM) throughout the week [8][10]. - The earnings calendar highlights key dates: - Monday, Oct 20: Steel Dynamics (STLD), Cleveland-Cliffs (CLF), Preferred Bank (PFBC) [9] - Tuesday, Oct 21: Netflix (NFLX), Coca-Cola (KO), Philip Morris (PM), 3M (MMM), Lockheed Martin (LMT), General Motors (GM) [9] - Wednesday, Oct 22: Tesla (TSLA), IBM (IBM), AT&T (T) [10] - Thursday, Oct 23: T-Mobile US (TMUS), Blackstone (BX), Intel (INTC), Honeywell (HON) [10] - Friday, Oct 24: Procter & Gamble (PG) [10] Economic Data - The U.S. Bureau of Labor Statistics is set to release the consumer price index (CPI) figures for September on Friday, although staffing issues due to the government shutdown may affect the report [8]. Trade Developments - Investors are closely monitoring trade relations between the U.S. and China, particularly regarding China's strict rare earth export controls, which could impact various sectors [9]. Investment Strategies - The Quantamental Investor (TQI) emphasizes a focus on secular growth trends, particularly in artificial intelligence, and has increased its stake in Advanced Micro Devices (AMD) due to anticipated AI-driven growth [11]. - TQI also identifies value in SaaS companies like monday.com (MNDY), which have seen corrections but are positioned to benefit from AI advancements [11].