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- Why Johnson & Johnson Stock Dropped Today
Johnson & Johnson shares fell 6.8% by 12:30 p.m. ET Tuesday despite beating third-quarter earnings expectations and raising 2026 guidance. Adjusted earnings were $2.59 per share against an expected $2.53, and sales grew 5.9%. However, adjusted profit fell 7.5% and GAAP profit dropped to $0.09 per share, down 96%, due to a one-time charge for the proposed talc litigation resolution and deals involving Firefly Bio and Sail Biomedicines. Free cash flow rose more than 6% to $15.1 billion, and the company now expects 2026 sales to grow 7.4% to $101.2 billion with adjusted earnings of about $11.10 per share. The author argues the stock's valuation of more than 22x adjusted earnings and nearly 29x free cash flow is too high for roughly 7% growth, and rates it a 'sell.'
- Top Midday Stories: JPMorgan Shares Rise Despite Q3 Miss; J&J EPS Guidance Undershoots Estimates, Shares Fall
- Earnings from banks and J&J and home sales data: What to Watch
JP Morgan, Wells Fargo, Citigroup and Goldman Sachs report third-quarter results before the opening bell on Tuesday, with investors watching whether rising bond yields lift deposit costs and weaken credit quality. Johnson & Johnson also reports third-quarter earnings Tuesday morning, with analysts expecting revenue of nearly $25.4 billion, up 5% year over year, and adjusted earnings to dip slightly to $2.52 per share. The day also brings the September existing home sales report, where economists forecast annual sales falling to 3.95 million, down 0.8% month over month, as high mortgage rates keep buyers out of the market.
- Jim Cramer says this healthcare stock is still a buy. Plus, what to do with BNY
In the recap of Wednesday's Morning Meeting, Jim Cramer said the S&P 500 and Nasdaq fell after warmer-than-expected September consumer inflation data, while semiconductor stocks kept weakening and money rotated into healthcare and consumer staples. Eli Lilly rose more than 3.5%, Cardinal Health and Johnson & Johnson gained over 1%, and Cramer said it is important to buy J&J right now despite its 5.7% drop on Tuesday after an imperfect earnings report. Bank stocks slumped after earnings, with Bank of America down 7.5%, Morgan Stanley down 3% and State Street down nearly 8%, putting pressure on Bank of New York ahead of its Thursday report. The CNBC Investing Club planned to exit its Honeywell position later Wednesday, and Cramer said he wants to hear from BNY before deciding whether to buy more to lower the cost basis.
- 3 Unprofitable Stocks Walking a Fine Line
The article lists three unprofitable companies it says investors should steer clear of. Asana (ASAN), a work management platform, has a trailing 12-month GAAP operating margin of -19.4%, average ARR growth of 9.5% and a net revenue retention rate of 96.5%, and trades at 2.5x forward price-to-sales at $9.86 per share. Compass (COMP), a digital residential brokerage, has a -2.6% operating margin, 14% annual revenue growth over five years and no free cash flow, with its $9.19 stock price implying a 10x forward P/E. Ocular Therapeutix (OCUL), which develops sustained-release eye treatments, posts a trailing operating margin of -603%.
- The Travelers Companies, Inc. Q3 2026 Earnings Call Summary
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The Schwab U.S. Dividend Equity ETF (SCHD) focuses on quality dividend stocks with sustainable payouts and strong fundamentals relative to peers. The fund holds just 12% in technology, while consumer staples, healthcare and energy make up 55% of its portfolio, giving it diversification and fairly low volatility. It offers a yield of 3.2%, well above the S&P 500 average of approximately 1.1%, and charges an expense ratio of just 0.06%. The fund has also returned around 30% this year, outperforming the market, before factoring in its dividend.
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Speculation about a possible SpaceX-Tesla merger keeps growing, and for many investors it is a question of when, not if. Musk has not confirmed the deal because of regulatory risk, describing the topic as “tap dancing through a minefield” while saying there is “a lot of merit” in combining the companies. He says special committees have been formed to consider a merger, but he cannot take part as a “conflicted party,” and shareholders would need to approve any deal. The article suggests an announcement could come soon, but regulatory review would likely take much longer, and since both stocks are already highly valued, an announcement may not push either share price much higher in the short term.
- Amazon Is Underperforming the S&P 500 and Nasdaq-100. Could Oct. 29 Mark a Turning Point?
Amazon shares have risen roughly 7% in 2026, lagging the S&P 500's 11% and the Nasdaq-100's 16%, and over the past five years the stock has gained about 49% versus an 80% total return for the S&P 500. The company remains a leader in e-commerce and cloud infrastructure through AWS, and its digital advertising business is growing strongly, but its margins trail other big tech firms because most revenue comes from low-margin retail. Heavy capital expenditure, raised from roughly 200 billion USD to roughly 220 billion USD for the year, has also weighed on valuation. The author argues the Oct. 29 Q3 report does not need to be a turning point, since current investments could reaccelerate AWS revenue growth and lead to free cash flow over the next two to five years, and sees Amazon as having strong long-term potential.
- Golden Key Helping Vietnam Become a New Asian Tiger Like South Korea and Singapore, With Average Income Exceeding 14,300 USD
According to Dr. Vo Tri Thanh, innovation and labour productivity are key to Vietnam escaping the middle-income trap and reaching high-income status by 2045, with income above 14,375 USD per capita based on the latest World Bank assessment. The article notes that the experience of South Korea and Singapore shows that combining technology, innovation and strong policy support, along with long-term investment in high-quality human resources and R&D, was central to their development. In the Global Innovation Index 2026 published by WIPO, Vietnam rose one place to 43rd of 132 economies and remained second among lower-middle-income economies, after India.
- BVBank Becomes First Bank to Surpass Its 2026 Full-Year Profit Plan After Just 9 Months
BVBank posted pre-tax profit of over 825 billion dong in the first nine months of 2026, up 90% year on year and reaching 118% of its full-year target of 700 billion dong, making it the first bank in the system to complete its 2026 profit plan. The growth came mainly from net interest income of over 2,600 billion dong (up 40%) and total operating income of over 2,800 billion dong (up 36%), while the cost-to-income ratio (CIR) fell 5.8 percentage points. As of September 30, 2026, total assets exceeded 145,200 billion dong, up 9.2% from the start of the year, and outstanding loans reached over 85,540 billion dong, up 9.3%. In the third quarter, the bank rolled out preferential credit packages worth over 5,500 billion dong with interest rate cuts of 1% to 1.5% per year, and is completing a plan to raise charter capital to nearly 10,000 billion dong.
- Tesla And 2 Other Top Founder Led Stocks
Simply Wall St highlights Tesla, Sprinklr and Spotify Technology as founder-led stocks from its screen. Tesla generates US$91.3 billion in revenue, mainly from automotive, plus US$12.3 billion from energy generation and storage, with a market value of about US$1.47 trillion. Elon Musk still directs bets on products, factories, AI and autonomy, but how these ambitions feed into margins and cash generation remains an open question. Sprinklr, led by Ragy Thomas, reports about US$872.9 million in software and programming revenue and a market value near US$1.6 billion, while integrating AI deeply into its products. Spotify reports €18.8 billion in revenue, most of it from Premium at about €16.9 billion, and a market value near $120.1 billion; Daniel Ek is pushing to improve economics through engagement, and how value is split among labels, creators and the platform is a key test.
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