All three markets are on track to end the week on a positive note. Especially the Nasdaq, following stellar earnings reports from a number of tech giants. Yahoo Finance’s Myles Udland, Justine Underhill, Jared Blikre, Seana Smith and Rick Newman discuss the big stories of the day.
Today’s topics:
Amazon has won approval to ship drugs in 12 states: RPT
Amazon sales surge on Whole Foods deal, Prime Day
Amazon, Alphabet, Microsoft and Intel all beat on profits and revenue
JCPenney slashed its full-year guidance and comparable sales outlook
GDP for the third quarter came in at 3%
Mattel tanks on sales miss, cites Toys ‘R’ Us bankruptcy
Major Apple iPhone X delays after pre-orders sell-out abroad
Tesla cuts 40% of Hota parts order after ‘bottleneck’ prod: RPT
Expedia plunges on earnings miss, Britain investigates deal claims
Call of the week: GE shares sink on rare ‘sell’ rating
Stranger Things returns with merchandise onslaught
Robots coming to 50 Walmart stores in CA and AK by January
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Which story do you want to see on our Midday Movers show at 11:45am EDT?
-JFK documents released
-Facebook’s DC investment
-Weinstein sues old company
