See the full story in the original article.
Read the original on markets.financialcontent.com ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- FinancialContent - East West Bank ( EWBC ) To Report Earnings Tomorrow : Here Is What To Expect
- FinancialContent - Wintrust Financial ( WTFC ) Reports Earnings Tomorrow : What To Expect
- JPMorgan Chase's Next Earnings Report Tomorrow Could Send the Stock Plunging. Here's Why.
JPMorgan Chase will release its third-quarter results before the market opens tomorrow, followed by a live conference call with CEO Jamie Dimon and management. Rising bond yields are pressuring bank stocks by raising funding and capital costs, which can slow investment banking and lending, and by heightening concerns about credit cycles. In September, co-president Doug Petno guided that investment banking fees and markets revenue would grow in the 'mid-to-high teens' percentage range in Q3, a tough comparison after second-quarter gains of 30% and 35% year over year. Analysts expect adjusted EPS of $5.94 on revenue of $51.22 billion. The author argues expectations are high, so even a slight miss or signs of credit deterioration could trigger a sell-off.
- FinancialContent - Earnings To Watch: F.N.B. Corporation (FNB) Reports Q3 Results Tomorrow
- Tesla Gears Up to Report Q3 Earnings: Here's What to Expect
Tesla will report third-quarter 2026 results after the close on Oct. 21. The Zacks Consensus expects earnings of 44 cents per share and revenue of $27.8 billion, implying a 12% decline in earnings and a 1% drop in revenue from a year earlier, and the earnings estimate has fallen 3 cents over the past 30 days. Tesla delivered 486,532 vehicles in the quarter, up 1.3% sequentially but down 2.1% year over year, against a record 497,099 in the year-ago quarter that was boosted by buyers rushing before the $7,500 U.S. federal EV tax credit expired. A recovery in European sales and stronger exports of China-made vehicles helped, and energy storage deployments reached 13.7 GWh, up 9.6% from a year earlier. Zacks' model does not predict an earnings beat, with an Earnings ESP of -12.85% and a Zacks Rank #4 (Sell).
- Morgan Stanley is set to report earnings — here’s what to expect
Morgan Stanley will report third-quarter results before the market opens on Wednesday. According to LSEG, Wall Street expects earnings of $2.91 per share on revenue of $19.95 billion, including $2.27 billion in investment banking, $4.89 billion in equities trading and $2.27 billion in fixed income trading. The bank is expected to benefit from strong investment banking and equities trading, as rivals Goldman Sachs and JPMorgan Chase showed this week. Investors will focus on CEO Ted Pick’s outlook for mergers and IPOs for the rest of the year amid market churn caused by rising interest rates.
Related markets
Latest news
- Duong Son Ba Arrested, Hai Phong Thermal Power Loses Lawsuit and Must Pay VND 115 Billion to Partner
Hai Phong Thermal Power (HND) disclosed an appellate ruling in a coal supply dispute with Dan Ka Mineral, under which the court accepted the plaintiff's appeal and ordered the company to pay nearly VND 115 billion, including a coal price difference of over VND 80.15 billion and interest of over VND 34.65 billion. The dispute stems from a 2021 contract, with disagreement over price adjustments after global coal prices rose sharply in 2022. Duong Son Ba, the company's general director, was arrested on 21 May 2026 over alleged forgery of documents of an agency or organisation, and the board dismissed him from the post on 13 October, with no successor yet announced. In the first half of 2026, the company reported net revenue of nearly VND 6,081 billion, up 8%, and after-tax profit of over VND 508 billion, up nearly 25%.
- Iran threatens to use the 'father of all missiles' to strike adversaries' energy facilities
Major General Mohammad Reza Naqdi, senior adviser to the IRGC commander, said at a rally in Sari on October 18 that Iran has prepared the most advanced missiles and will respond to any aggression. He warned that energy infrastructure and investments belonging to powers Tehran deems aggressive in the region could fall within Iranian missile range. His remarks answered US President Donald Trump's threat to use the GBU-43/B MOAB, often called the 'mother of all bombs' and weighing about 14 tons, against Iran's energy infrastructure and nuclear sites. Naqdi said Iran also possesses these bombs, having seized some that failed to detonate in the 12-day war, and called Trump's impatience a 'public admission of defeat'.
- Strategy on verge of golden cross, just weeks after bitcoin flashed same bullish signal
Strategy (MSTR) is about to form a golden cross, when its 50-day average rises above its 200-day average, possibly as early as Monday, just weeks after bitcoin showed the same bullish signal. The company holds $69.81 billion in bitcoin, and its stock has had two earlier golden crosses followed by big rallies: from $15.57 in September 2020 to $127.29 by February 2021, a 717% gain, and from $25.29 on March 2, 2023 to a peak of $473.83 in November 2024, up 1,774%. The article stresses the signal is unreliable, though: since 1999 MSTR has had 19 golden crosses, and only 10 were followed by a higher price 12 months later, a 50% hit rate, with a median 12-month return of just 3.3%. The two worst cases, in 2001 and 2007, were followed by a 61% loss.
- Director of the HCMC Institute of Economics, Natural Resources and Environment: Four major corporations have raised plans to invest in Vietnam, but pulled back when asked about power capacity
At a seminar co-organized by Tien Phong newspaper and the HCMC Department of Construction on October 16, TS. Phạm Viết Thuận said the city should treat infrastructure as an integrated system rather than focusing only on transport. He argued that 11 main and 13 secondary infrastructure categories, including power, water drainage, industrial zones and logistics, need to be synchronized for the city to develop its economy. To address flooding, he proposed surveying 159 flood-prone points and building ecological lakes at major spots. He also noted that four large corporations had considered investing in Vietnam but withdrew when asked about grid power capacity. Department director Trần Quang Lâm said capital mobilization and land policy need further study, while traffic congestion, flooding and pollution remain the city’s top priorities.
- Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Bitcoin climbed from an overnight low near $80,700 to just above $83,000 early Monday, then slipped back to about $82,400 as sellers stepped in, and was up 0.3% over 24 hours. The bounce followed tech stocks, with Nasdaq 100 futures up 1.1%, snapping a weeklong 5.5% selloff, and an ETF tracking chipmakers jumping 3%. WTI crude recovered to $98.55 after touching $96.72, as the U.S. warned citizens across 12 Middle East locations of possible flight cancellations and airspace closures, raising fears of fresh strikes on Iran and disruption at the Strait of Hormuz. In Europe, the Stoxx 600 fell 0.8% after protests in France. Bitcoin would need to move through $84,000, its ceiling on October 13 and 14, to signal that the tech rebound is lifting it too.
- Baystreet . ca - When Might October Nasdaq Correction End ?
The Nasdaq Composite (QQQ ETF) is 6.96% below its 52-week high after falling 5.52% last week, close to the 10% threshold for a technical correction. The article says high oil prices, sustained by Iran's control of traffic through the Strait of Hormuz, keep September CPI and PPI rising, and that Iran wants higher oil prices to hurt the Republican Party before the midterm elections, so the correction in beaten-down stocks may continue. CoreWeave (CRWV) lost 25.21% last week, closing just 3% above its yearly low, while bears holding a 17% short float bet its $50 billion debt is unsustainable. Nebius (NBIS) fell 25% and Twilio (TWLO) dropped 15.6%, while Autodesk (ADSK), Salesforce (CRM) and Adobe (ADBE) drew buying. The article suggests volatility may ease after the midterms.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.