Thursday’s big stock stories: What’s likely to move the market
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 posted a third straight winning day, and what’s on the radar for the next session. Bill Ackman live on ‘Squawk on the Street’ in the 11 a.m. hour ET with Sara Eisen, Carl Quintanilla and David Faber A lot will be on the agenda including the U.S. midterms, the upcoming election in Israel, and the big picture with U.S. markets and artificial intelligence. Microsoft , Meta Platforms , Amazon and Netflix are all in Ackman’s portfolio. Microsoft is off 4% from the high reached last October. The stock is up 34% in three months. Meta is down 10% from September’s high. Shares are up 8% in three months. Amazon is down 8% from the August high. Shares are up about 6% in three days. Netflix is off 50% from the high hit a year ago. MSFT 3M mountain Microsoft in three months American Airlines’ CEO Robert Isom Robert Isom, CEO of American Airlines , will be on ” Squawk Box ” with Becky Quick, Joe Kernen and Andrew Ross Sorkin, as well as airline reporter Phil LeBeau, in the 7 a.m. hour after the company posts earnings. American Airlines is down 20% in three months. The stock is off 35% from the July high. Southwest Airlines CEO Bob Jordan also joins the “Squawk Box” team in the 8 a.m. hour, also after Southwest Airlines reports earnings. Shares are down 18% in three months. The stock is down 27% from the February high. LUV 3M mountain Southwest Airlines in the past three months Weekly initial jobless claims The number comes out live at 8:30 a.m. The Dow Jones consensus estimate is for 200,000 initial claims. Elon Musk, Inc. On Thursday, CNBC’s Lora Kolodny will go in-depth on both Tesla and SpaceX after their earnings reports this week. Tesla is down 22% from the Dec. 22 high. The stock is up about 9% in three days. The company’s earnings beat expectations on Wednesday, but said capital expenditures more than doubled from a year ago. On the possibility of a merger between SpaceX and Tesla, Musk said, “Do I think it would be a good idea? Yes. But at the end of the day, the shareholders have to be supportive of this.” Tesla shares are down 3% after hours. SpaceX reported Tuesday . The stock is also up 9% in three days. Boston Beer after the bell The company reports after the bell on Thursday. Boston Beer is up 6% in three months. It is off 31% from the April high. We’ll have wicked good coverage guy all day long on CNBC.
