Delayed CPI report, Fed meeting loom as Big Tech, automakers post results

Wall Street begins its second week of third-quarter earnings as investors brace for the first inflation data since the ￰0￱ shutdown, with Netflix, General Motors, Tesla, Ford, and Intel, all ￰1￱ September Consumer Price Index (CPI), delayed nine days, is also scheduled for release on Friday, after the shutdown halted economic data releases since October ￰2￱ government said the numbers were needed for the Social Security Administration to process benefit payments on ￰3￱ report will arrive just before the Federal Reserve’s October 28–29 policy meeting, where traders expect a quarter-point rate cut, the second in two months after weak job data pushed the Fed to lower rates in ￰4￱ than 80 of all S&P 500 companies will release their Q3 earnings this week, extending a busy start to the ￰5￱ Chase and Goldman Sachs opened the season last week and delivered strong figures, with about 84% of companies that have reported so far beating all estimates, as Cryptopolitan previously ￰6￱ Motors, Netflix, and Tesla report during packed mid-week sessions General Motors (GM) will report Tuesday morning before markets open, followed by a management call at 8:30 ￰7￱ quarter, the automaker absorbed a $1.1 billion tariff ￰8￱ surveyed expect profits to drop more than 20% ￰9￱ Yu, an analyst at Deutsche Bank, said GM could still top forecasts but warned that “while pricing should remain consistent, results will likely be hurt by a small volume decline as well as higher net tariff impact.” Bespoke Investment Group found GM beats estimates 88% of the time, though its stock has fallen on its last three earnings days, twice by more than 8%.

Netflix will release results after the close Tuesday, followed by a call ￰10￱ streamer’s last report showed 16% revenue growth, and analysts project nearly a 30% profit increase this ￰11￱ Yoon from Bernstein said in a client note on Saturday that the animated hit “K-Pop Demon Hunters” drove the stock market’s rebound, adding about 500 million viewing hours, with another 400 million expected in the fourth ￰12￱ has exceeded earnings for six straight quarters and seen gains on three of the last four report days, Bespoke’s data ￰13￱ follows Wednesday after the closing ￰14￱ company missed sales targets last quarter as auto revenue slipped again, and analysts forecast another 20% drop in ￰15￱ Langan of Wells Fargo expects a short-term beat but said “there’s too much hype baked into the stock.” He added that the Full Self-Driving system remains under NHTSA investigation, affecting ￰16￱ has beaten expectations less than 60% of the time, Bespoke data ￰17￱ “narrowing gap highlights emerging cracks in the market’s foundation,” Turnquist said in written commentary.

Similarly, Kevin Gordon, senior investment strategist at Charles Schwab, said he will be watching how broadly based the market’s gains are going forward. Ford, Intel, and the delayed CPI dominate Thursday’s market focus Ford Motor reports Thursday after the bell, with an analyst call shortly following ￰18￱ quarter, Ford reinstated its full-year guidance despite a $2 billion tariff ￰19￱ now expect earnings to fall more than 25% from a year ￰20￱ Michaeli of TD Cowen said attention will be on Ford’s aluminum supply from Novelis, especially for the F-Series ￰21￱ wrote that his estimates “do not contemplate any material production disruptions,” keeping forecasts near the top end of Ford’s EBIT outlook at $7.4 ￰22￱ has beaten Wall Street estimates four quarters in a ￰23￱ will also report Thursday after markets close, with its call at 5 ￰24￱ quarter, the chipmaker beat revenue forecasts and cut foundry ￰25￱ expect Intel to return to profitability this ￰26￱ shares have jumped 62% in three months after the ￰27￱ took a 10% stake and Nvidia invested $5 ￰28￱ will be watching how Intel plans to leverage that backing.

Still, its stock fell after each of the last three earnings, including an 8% drop after the previous quarter. “We’d really have to see something out of left field in terms of notable inflation pressures to knock the Fed off of a rate cut path at the October meeting,” Glenmede’s Michael Reynolds ￰29￱ “narrowing gap highlights emerging cracks in the market’s foundation,” Turnquist said in written commentary. Similarly, Kevin Gordon, senior investment strategist at Charles Schwab, said he will be watching how broadly based the market’s gains are going ￰30￱ your free seat in an exclusive crypto trading community - limited to 1,000 members.