7 Nov

Get Real: Why Is the Market Restless?

WRITTEN BY Grace Nightingale

In today’s Get Real, we saw Tesla’s plans for China, AMD’s expectations for 2020, the state of crude oil prices, and more.

Must-knows

Roku fell during after-hours trading

Yesterday, Roku (ROKU) stock fell during the after-hours trading session. The company’s third-quarter earnings results were good, but its guidance wasn’t impressive.

No rest for crude oil prices

Yesterday, crude oil prices rose again. The EIA and OPEC’s recent reports didn’t help crude oil prices.

AMD’s bright outlook in 2020 

So far, Advanced Micro Devices (AMD) has had a good product year. However, 2020 will likely be even better. Microsoft (MSFT) and Sony (SNE) confirmed that they will use AMD inside of their next-generation game consoles.

Cronos Group and Altria

Cronos Group (CRON) has extended itself further into the US cannabidiol market through a deal with Altria Group. Altria (MO) is happy with the deal ahead of Cronos Group’s third-quarter earnings release.

Coty rose due to strong earnings

Coty (COTY) stock took off following a strong earnings report for the first quarter of fiscal 2020. The company’s revenues fell short despite its ongoing transformation plan.

What to watch for

Tesla’s plans for China

Tesla (TSLA) is polishing its marketing strategy for China before the production starts at its Shanghai Gigafactory. While Tesla hasn’t relied on traditional advertising, it has hosted showroom parties and racing events just for China.

Apple iPhone SE propulsion

There’s strong speculation that Apple (AAPL) plans to launch a low-cost iPhone in 2020. The more affordable model could propel Apple’s shipments.

Alcoa and Freeport-McMoRan could use a boost

So far, the metals and mining sector has been weak this year. However, Freeport-McMoRan (FCX) and Alcoa (AA) have been improving lately. A trade deal would help boost the sector, but for how long?

Softbank: What’s next for Uber?

Japan’s Softbank released its second-quarter earnings and reported its first quarterly losses in 14 years. Uber (UBER) and WeWork’s struggles drove the losses. Softbank could start offloading Uber shares soon.

Get Real: Why Is the Market Restless?

Latest articles

Home Depot (HD) stock fell by more than 5% in the pre-market session today. The company reported mixed third-quarter results.

TikTok has no doubt become a big headache for Facebook (FB). Last month, CEO Mark Zuckerberg framed TikTok as a threat to free speech.

Innovation will be the competitive advantage for Tesla Solar. Tesla launched a solar roof tile last month that's more efficient and is easier to install.

AMD rose 3.42% on Monday after an analyst raised the target price on the stock—the second target price revision on AMD stock in less than a week.

So far, November has been tough for the cannabis sector. Most cannabis companies have reported lower-than-expected earnings.

Target will announce its third-quarter earnings before the markets open on Wednesday. Target's earnings growth will likely show sequential deceleration.