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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.71 |
| Change that session | +1.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Shares of Coherent (COHR), Marvell Technology (MRVL) and Vistra (VST) sold off over the past month even though all three posted strong growth; Coherent fell 27.76%, Marvell dropped 6.35% and Vistra is down nearly 10% from its one-month high. Coherent reported fiscal fourth-quarter revenue of $2.0455 billion, up 34%, with non-GAAP EPS of $1.74 beating estimates, and NVIDIA announced a $2 billion equity investment in the company. Marvell's fiscal second-quarter revenue rose 37% to $2.739 billion, and it set long-range targets of about $20 billion for fiscal 2028 and $70 billion to $90 billion for fiscal 2031. Vistra's adjusted EBITDA rose 31% to $1,767 million even as revenue fell to $4.017 million, and management confirmed 2026 adjusted EBITDA guidance of $6.8 billion to $7.6 billion. The article also lists each company's risks: Coherent's P/E near 60 and $3.2 billion of long-term debt, Marvell's dependence on a few hyperscalers, and Vistra's exposure to power prices, weather and grid regulation.
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SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
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