Stock Indexes Mostly Gain on Busy Earnings Day; Dow Hits All-Time High; Gold Dives After Setting Record

Netflix Is Set to Report Earnings Today. Hits Like ‘KPop Demon Hunters’ Likely Drove Strong Results

26 minutes ago

Can Netflix keep up its recent momentum and maintain its reputation as a streaming winner?

The company’s third-quarter results, due after the bell today, could show whether its investments in original shows, charging higher prices, and efforts to grow its advertising business have paid off, with Wall Street analysts generally bullish that the stock still has room to rise.

Netflix (NFLX) is expected to post earnings per share of $6.92 on revenue of $11.52 billion, according to estimates compiled by Visible Alpha, with 10 of the 14 of the analysts with current ratings surveyed calling it a “buy,” compared to four “hold” ratings. Their average target of $1,400 would suggest 13% upside from Monday’s close.

That’s after what has already been a strong year for the stock so far. While well off its highs around $1,340 in June, Netflix stock has surged close to 40% in 2025, far outpacing the S&P 500’s roughly 15% gain. Shares were up slightly at $1,240 in mid-afternoon trading Tuesday.

UBS analysts told clients earlier this month that they “continue to believe Netflix is a secular winner,” anticipating gains from growing memberships and higher pricing, along with a boost from hit new shows like “KPop Demon Hunters” and the return of its popular “Squid Game” series.

Read the full article here.

–Kara Greenberg

Are Your Student Loans Finally Being Forgiven? What the Latest Restart Means for You

38 minutes ago

Student loan forgiveness is resuming, and borrowers who have been waiting months for their loans to be discharged are moving one step closer.

The Department of Education agreed Friday afternoon to settle a class-action lawsuit in which a group of borrowers sued over the pause in time-based student loan forgiveness. In a statement, the Department of Education said it will resume granting loan forgiveness under the Income-Based Repayment, Income-Contingent Repayment, and Pay as You Earn plans.

These three income-driven repayment plans adjust student loan payments according to the borrowers’ income. Since payment amounts change over time, there is no set date for when the loan will be paid off, and after borrowers pay for a certain number of years, they can get the remainder of their loans discharged.

Earlier this year, the department paused granting loan forgiveness for income-driven repayment plans, citing a court ruling. Borrowers who have completed 20 or 25 years of qualifying payments on either IBR, ICR, or PAYE have been waiting months to receive their loan forgiveness.

The Department of Education also confirmed that it would ensure borrowers eligible for forgiveness in 2025 would not pay taxes on the discharge.

Read the full article here.

–Elizabeth Guevara

Newmont Stock Drops Along With Price of Gold

1 hr 6 min ago

The price of gold is tanking. It’s dragging the shares of Newmont (NEM) along with it.

Gold miner Newmont was the worst-performing stock in the S&P 500 Tuesday afternoon, down nearly 10%.

Gold futures, which have soared 55% this year and set a new record high early Tuesday, were down more than 5% in recent trading.

Despite today’s sharp declines, shares of Newmont have more than doubled this year.

GM Is Dealing With Tariffs and an Evolving EV Business. Its Stock Is Jumping

1 hr 43 min ago

General Motors shares are racing higher. Progress dealing with tariffs is helping.

The Detroit-based auto manufacturer says it’s investing $5 billion in scaling up domestic production of engines and 2 million vehicles per year—a move that seems safer thanks to the extension of a policy that offers some relief to U.S. companies with operations in Mexico and Canada. General Motors (GM) scaled back the anticipated cost of tariffs to $3.5 billion to $4.5 billion a year, CFO Paul Jacobson said on a conference call. The company is also moving quicker than expected and may offset the hit by the end of 2026, Citi analysts said.

The U.S.’s offset program, which targets medium-and heavy-duty vehicles, “will help make U.S.-produced vehicles more competitive over the next five years, and GM is very well positioned as we invest to increase our already significant domestic sourcing and manufacturing footprint,” CEO Mary Barra said in a letter to investors.

GM’s revenue fell 0.3% year-over-year to $48.6 billion in its third quarter. Analysts were expecting a more significant decline, to $45 billion, according to Visible Alpha. The company reported $2.80 in adjusted earnings per share, which beat the $2.25 consensus estimate from Visible Alpha.

The update sent shares rising some 14% Tuesday, putting the stock up about 9% so far this year and at fresh 2025 highs. Similarly, Stellantis (STLA) shares jumped earlier this month when the domestic car manufacturer reported sales growth after several quarters of declines. Stellantis was up more than 4% today, as was Ford (F), which along with Tesla (TSLA) reports later this week.

Read the full article here.

–Sarina Trangle

Beyond Meat Stock Skyrockets for 2nd Straight Session

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Shares of a certain plant-based meat company have gone “one step beyond” this week.

Beyond Meat (BYND) shares soared 60% Tuesday after it announced an expanded distribution deal with Walmart (WMT) that will see the world’s largest retailer increase availability of select Beyond products across the U.S.

Yesterday, the stock more than doubled as it was added to the Roundhill Meme Stock ETF (MEME).

In a bit of “madness,” shares of the El Segundo, Calif.-based firm closed last Thursday at 52 cents each but were trading at nearly $2.40 early Tuesday afternoon.

GE Aerospace Stock Hits Record High on Strong Earnings, Raised Guidance

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GE Aerospace (GE) stock rose to a record high on Tuesday after the jet engine maker beat earnings estimates and raised its full-year outlook, underscoring strong demand for commercial and military aviation.

GE on Tuesday reported third-quarter adjusted earnings of $1.66 per share, a 44% increase from the same quarter last year. Revenue rose 24% to $12.2 billion. Wall Street analysts were forecasting EPS of $1.47 on total revenue of $10.9 billion, according to estimates compiled by Visible Alpha. 

Shares of GE Aerospace popped nearly 5% to trade at $316.53, an all-time high, early Tuesday before paring some gains. The stock was recently trading at about $308.

“Flight Deck, our proprietary lean operating model, is guided by a customer-driven approach to continuous improvement, where daily progress compounds to drive meaningful results. We are seeing that materialize this quarter with strong services and engine output for our customers,” said CEO Larry Culp in a press release.

GE Aerospace also raised its full-year guidance across the board. The company now projects revenue growth in the high teens, up from its prior mid-teens forecast. Adjusted EPS is expected to come in between $6 and $6.20, up from a prior range of $5.60 to $5.80. 

Read the full article here.

–Colin Laidley

Warner Bros. Discovery Stock Soars as Media Giant Initiates Strategic Review

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Shares of Warner Bros. Discovery (WBD) shares soared about 10% to lead Nasdaq advancers Tuesday morning after the media and entertainment giant said it was initiating a strategic review.

Warner Bros. Discovery said its board had “initiated a review of strategic alternatives to maximize shareholder value, in light of unsolicited interest the Company has received from multiple parties for both the entire company and Warner Bros.” Last month, The Wall Street Journal reported that Paramount Skydance (PSKY)  was preparing a cash bid for all of Warner Bros. Discovery.

The options “include continuing to advance the Company’s planned separation to completion by mid-2026, a transaction for the entire company, or separate transactions for its Warner Bros. and/or Discovery Global businesses,” the firm said. “As part of the review, the Company will also consider an alternative separation structure that would enable a merger of Warner Bros. and spin-off of Discovery Global to our shareholders.”

Shares of Warner Bros. Discovery, whose media holdings include HBO, CNN, TNT, and the Warner Bros. movie and television studios, have skyrocketed 90% this year.

Watch These Apple Price Levels as Stock Hits Record High on iPhone 17 Sales Optimism

4 hr 56 min ago

Apple (AAPL) shares remain in the spotlight after hitting a new record high for the first time this year on Monday following signs of a strong start to iPhone 17 sales.

The tech giant’s recently released iPhone 17 series outsold its prior lineup in the U.S. and China during its first 10 days of availability, according to a report from Counterpoint Research. The base model performed particularly well in China, while many American buyers upgraded to the Pro Max version, according to the research.

Apple shares have rallied 30% from their August low and are up nearly 5% year to date (YTD). However, they trail the returns of all Magnificent Seven members except Amazon (AMZN) since the start of the year amid concerns that the iPhone maker has fallen behind its big tech peers in the AI race. The stock was down slightly at around $262 in recent premarket trading Tuesday.

After breaking below a pennant earlier this month, Apple shares made a swift reversal to close above the pattern on Monday, creating a potential bear trap scenario. Such a trading event “traps” investors who initiated short positions and subsequently generates losses as the price turns higher. 

Meanwhile, the relative strength index confirms bullish momentum, though the indicator remains below its prior peaks, indicating the stock has further room to move into price discovery mode before consolidating.

Read the full technical analysis piece here.

–Timothy Smith

Coca-Cola Reports Better-Than-Expected Q3 Profit, But Revenue Misses Mark in ‘Challenging’ Environment

5 hr 56 min ago

Coca-Cola (KO) shares rose nearly 2.5% in premarket trading after the beverage giant posted stronger-than-expected third-quarter profit, although its revenue came up slightly short in what CEO James Quincey called a “challenging” environment.

The Atlanta-based company reported Q3 adjusted earnings of $0.82 per share on revenue that increased 5% year-over-year to $12.46 billion. Analysts surveyed by Visible Alpha had expected $0.78 and $12.52 billion, respectively.

Unit case volumes were up 1% overall but flat in North America and Latin America, and fell 1% in Asia Pacific. Sparkling soft drink volumes were even, aided by 14% growth in Coca-Cola Zero Sugar. Water, sports, coffee, and tea grew 3%, but juice, value-added dairy, and plant-based beverages declined 3%.

Quincey said that “the overall environment has continued to be challenging,” but added “we’re confident we can deliver on our 2025 guidance while also working to achieve our longer-term objectives.”

GM Stock Pops on Strong Results, Lifted Outlook

6 hr 34 min ago

General Motors’ (GM) third-quarter results were better than expected. Its updated full-year guidance is helping send shares significantly higher before the bell.

GM shares surged nearly 10% after the “Big Three” automaker lifted its 2025 projections for several metrics, including adjusted profit to a range of $9.75 to $10.50 per share from the prior $8.25 to $10.00. It also raised its adjusted EBIT forecast to $12.0 billion to $13.0 billion from $10.0 billion to $12.5 billion, and adjusted automotive free cash flow to $10.0 billion to $11.0 billion from $7.5 billion to $10.0 billion.

GM also sees its 2025 gross tariff impact improving to $3.5 billion to $4.5 billion from the prior range of $4 billion to $5 billion.

For the third quarter, GM reported adjusted EPS of $2.80 on revenue of $48.59 billion. Analysts surveyed by Visible Alpha had expected $2.25 and $45.02 billion, respectively.

GM shares entered Tuesday up about 9% this year, below the roughly 15% rise of the benchmark S&P 500.

Stock Futures Tick Lower on Busy Earnings Day

7 hr 11 min ago

Futures tied to the Dow Jones Industrial Average were fractionally lower.

S&P 500 futures also were down less than 0.1%.

Nasdaq 100 futures were 0.1% lower.