Morning Call

Meta shares are plunging after the company reported a second straight quarterly revenue declined and warned of another drop in the fourth quarter. GlobalData’s Cyrus Mewawalla explains what this means for Apple’s earnings today. Plus, Q3 GDP is expected to rebound despite ongoing worries of a 2023 recession in the U.S. Former Council of Economic Advisers Acting Chairman Tomas Philipson gives his t...

Alphabet shares are plunging after missing Q3 earnings expectations on both the top and bottom lines. CFRA’s Angelo Zino explains what this means for the company going forward. Plus, despite reporting better-than-expected revenue and EPS numbers, Microsoft is warning of a PC slowdown that will likely impact growth for tech. Griffin Securities’ Jay Vleeschhouwer gives his thoughts. And, a new poll...

The big tech giants report results amid signs of slowing demand for smartphones, e-commerce, and digital ads. Third Bridge’s Scott Kessler gives his expectations for the sector. Plus, ahead of the S&P Case-Shiller Home Price Index release today, is the housing market cooling down? Cortland’s Brad Dillman weighs in. And, Hong Kong and Chinese stocks are falling for a second straight session followi...

It’s a busy week for earnings, with 152 S&P 500 companies set to report. Steward Partners Global Advisory’s Eric Beiley, Decatur Capital’s Degas Wright, and KKM Financial’s Jeff Kilburg break down what to expect. Plus, with two weeks to go until the midterm elections, new polling by NBC News shows the economy is front and center for many Americans when it comes to deciding who to vote for. Stifel’...

Shares of Snap are sinking after the company reported weaker-than-expected revenue for the third quarter. Zacks Investment Research’s John Blank dives into what this means for social media stocks. Plus, big transport operators are trying to lock a deal with unions to avoid a strike. BofA Securities’ Ken Hoexter discusses Wall Street’s worries about freight demand amid a possible recession. And, gr...

Tesla shares are sinking after delivering a mixed Q3 earnings report after the bell yesterday. Roth Capital’s Craig Irwin discusses the future of the company. Plus, oil prices are rising today on reports that China may ease some COVID measures, possibly cutting the quarantine period for inbound visitors to seven days from 10 days. BofA Global Research’s Francisco Blanch dives into the commodity tr...

Shares of Netflix are surging after the media company beat top and bottom earnings expectations and added over 2 million global subscribers. The Benchmark Company’s Matthew Harrigan explains why he’s still hesitant about the stock. Plus, investors are watching Tesla ahead of its Q3 numbers after the close today. The Wall Street Journal’s Tim Higgins dives into what to expect. And, stocks are tryin...

Newly appointed Treasury Chief Jeremy Hunt has announced a reversal in the UK’s tax cuts in an effort to stabilize the economy. ING Bank’s Carsten Brzeski gives the latest. Plus, the 30-Year Fixed Mortgage is now hovering around 7%, jumping to its highest level in roughly 20 years. Digital Risk’s Jeff Taylor breaks down the housing sector. And, investors are awaiting final reports from financials,...

Energy Aspects’ Amrita Sen lays out the possible responses the Biden Administration may have to OPEC+ cutting oil production, including a big release from the SPR. Plus, Brian Gardner of KBW discusses whether it will be a “Red Wave” in Congress and the statehouses in November. And, Sunaina Sinha Haldea of Raymond James says companies that are resilient to higher inflation are good opportunities fo...

It’s a busy day on Wall Street, with JPMorgan, Citi, Morgan Stanley, and Wells Fargo all expected to report Q3 earnings before the bell today. Argus Research’s Stephen Biggar breaks down what to expect. Plus, China President Xi Jinping is poised to cement a third five-year term this Sunday, making him the country’s most powerful leader since Mao. China Beige Book’s Shehzad Qazi explains the impact...

Investors are bracing for the latest read on inflation with the September CPI report. Former Atlanta Fed President Dennis Lockhart discusses what to expect. Plus, the Biden administration has been scrambling to prevent curbs on semiconductor manufacturing from further disrupting the supply chain. MSA Capital’s Ben Harburg breaks down which names could be hit the hardest. And, Wall Street is still...

Meta’s annual Connect Developer Conference unveiled several new virtual reality tools, including the Quest Pro headset, which will begin shipping to buyers this month. Journey’s Cathy Hackl recaps the event. Plus, tech continues to feel the pressure from rising rates, restrictions on China chip manufacturers, and comments from JPMorgan CEO Jamie Dimon. Loup’s Gene Munster discusses the outlook for...

In a CNBC exclusive, our Julianna Tatelbaum sits down with JPMorgan Chase CEO Jamie Dimon to discuss the future of the global enconomy. Dimon warns that the U.S. economy is likely to fall into a recession due to several factors, including inflation, the effects of quantitative tightening by the Federal Reserve, and the War in Ukraine. Bleakley Advisory Group’s Peter Boockvar and Hennessy Funds’ Jo...

Shares of China-based semiconductor makers are getting hit hard in overseas trading on the back of the announcement by the Biden administration of new export rules on chips. Longview Global’s Dewardric McNeal gives the latest. Plus, stocks in the energy sector are surging on the heels of OPEC+’s decision to cut production by 2 million barrels a day. CFRA’s Stewart Glickman explains where to invest...

The September jobs report is out today, with investors waiting to see how the numbers will impact the Fed’s view of inflation. Adecco’s Amy Glaser gives her thoughts on the employment landscape. Plus, the benchmark 10 Year yield is coming off a wild few days of trading. TD Securities’ Priya Misra breaks down what this means for markets. And, stocks look to close out yet another volatile week. Pitc...

Investors, traders, and consumers are still digesting yesterday’s decision by OPEC and its allies to slash output by 2 million barrels per day. Husseini Energy’s Sadad Al-Husseini breaks down the outlook for energy. Plus, Target kicks off its early holiday bargains today in an effort to remove excess inventory. Former Target Vice Chairman Gerald Stoch weighs in on what this means for retail. And,...

OPEC+ is set to hold its first in-person session in roughly two years, where the group is expected to dramatically slash product amid a dramatic pullback in crude prices in recent months. RBC Capital Markets’ Helima Croft brings the latest from Vienna. Plus, shares of Twitter are surging after Elon Musk’s surprise decision to reverse course and revive his deal to buy Twitter. The Wall Street Journ...

Oil prices are edging up today on the expectation that OPEC+ may agree to a massive production cut. Rystad Energy’s Jorge Leon gives the latest. Plus, where are the best places to invest in the market right now? Market Rebellion’s Jon Najarian weighs in. And, stocks are indicating a higher open after yesterday’s broad based rally. Baird’s Ross Mayfield and Gilman Hill Asset Management’s Jenny Harr...

The dollar is holding near the flat line today after coming off its best quarter since 2016. Kyriba’s Wolfgang Koester discusses the strong dollar’s impact on multinational companies. Plus, Liz Truss is planning to cut taxes for the UK’s highest earners following backlash from members of parliament. Moody’s Analytics’ Mark Zandi gives the latest. And, recent data from Goldman Sachs suggests a stoc...

UK Prime Minister Liz Truss is expected to meet with the head of Britain’s fiscal watchdog after failing to quell the panic over the future of the economy. Former Bank of England member Martin Weale gives his thoughts. Plus, Nike shares are plunging after describing its overflowing inventory during yesterday’s first quarter earnings call. SW Retail Advisors’ Stacey Widlitz explains the state of re...

Stocks surged on Wednesday after the benchmark 10-year Treasury note saw its steepest one-day drop since 2009. JPMorgan’s Jason Hunter explains what this means for fixed income. Plus, oil prices are pulling back today after gaining more than $3 a barrel in yesterday’s session. TD Securities’ Bart Melek discusses the impact of the dollar index on oil. And, with stocks putting a stop to their most r...

Stocks are gearing up for another potentially rough trading day. Market Rebellion’s Jon Najarian discusses where options action is taking shape. Plus, Federal Reserve officials are striking hawkish tones, with many calling for more rate hikes. UBS’ Mark Haefele explains the outlook. And, is a global recession inevitable at this point? Horizon Investments’ Scott Ladner weighs in. Hosted by Simpleca...

Home prices in July are expected to have slowed, with the surge in mortgage rates forcing the housing market to cool significantly. Cortland’s Brad Dillman explains the outlook. Plus, the British pound is rebounding after hitting a fresh, all-time low against the dollar. High Frequency Economics’ Rubeela Farooqi discusses the impact on a potential global recession. And, markets are looking to boun...

It’s a busy week on deck for lawmakers in Washington, with Senate democrats set to move forward on a short-term funding bill extending current funding levels until mid-December and avoiding a government shutdown. Stifel’s Brian Gardner gives the latest. Plus, the tech sector is coming off its worst two-week stretch since the beginning of the pandemic. Clockwise Capital’s James Cakmak discusses tec...

House Republicans are set to lay out their agenda if the party is able to retake control of Congress, with just about a month and a half until the midterm elections. American Enterprise Institute’s Jimmy Pethokoukis breaks down the latest. Plus, a pending deal between Investindustrial and Eataly is in the works, with the private equity firm planning on purchasing a 52% stake in the restaurant comp...