Morning Brief

Tesla earnings, Boeing, McDonald's E. coli outbreak

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It's already Wednesday, but the market still has a long way to go until the weekend as earnings season resumes with Tesla (TSLA) reporting third quarter results after today's closing bell. Other top trending stocks on the Yahoo Finance platform include Hilton Worldwide Holdings (HLT), Apple (AAPL), Coca-Cola (KO), AT&T (T), Frontier Group Holdings (ULCC), and Spirit Airlines (SAVE).

Takeaways:

  • The first of the Magnificent Seven to step up to bat this earnings season, EV giant Tesla (TSLA) is scheduled to release its third quarter results after Wednesday's closing bell. Investors will be paying extra close attention to Tesla's sales performance in overseas markets to determine how it is weathering global EV trends.
  • Aircraft manufacturer Boeing (BA) reported a whopping $6 billion quarterly loss as striking union workers are set to vote later tonight on the latest contract proposal. Coca-Cola (KO) reported better-than-expected third quarter results amid price hikes.
  • An E. coli outbreak linked to McDonald's (MCD) Quarter Pounders has led to reported illnesses across several states and even a death. In a release titled "Always Putting Food Safety First," McDonald's Chief Supply Chain Officer of North America Cesar Piña stated that initial findings have connected the outbreak to slivered onions used in the chain's Quarter Pounder beef patties.

    • Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.

    Find this and other episodes of Morning Brief here.

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    Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.

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