A robot stock booking $100M a quarter

KEY TAKES

• The Dow (+1.05%) and small caps (IWM +1.66%) beat a flat Nasdaq (QQQ −0.10%) as earnings with raised outlooks got paid (EFX +11.3%, HAS +11.2%) and trimmed outlooks got sold (GM −6.8%).
• After the bell, Netflix and Intuitive Surgical got the same treatment, while SpaceX's big beat traded higher.
• The Justice Department argued in court that your cash isn't legally your property. Here's what that means (From First Ballot Digital LLC)

THE CLOSE

Raised guidance got paid and trimmed guidance got sold, even on a beat. Bonds bounced (TLT +0.84%); chips slipped (SOXX −0.38%). SPY closed 769.05 (+0.34%), QQQ 717.63 (−0.10%), DIA 524.36 (+1.05%), IWM 275.78 (+1.66%).

Did the 3 PM read hold? Held. IWM +1.66% vs QQQ −0.10%.

AFTER THE BELL

ISRG, the 3 PM watch, beat on EPS ($3.00 vs $2.65) and revenue but narrowed procedure growth to 14%-15% from 13.5%-15.5%, so the top end came down. It also settled an antitrust suit for $450M and traded near $397 after hours vs a $438 close.

NFLX: 2026 revenue $51.1B vs FactSet $51.21B, ad revenue $2.7B vs about $3B, traded near $65.50 after hours.

SPCX revenue $14.6B vs FactSet $12.9B, EPS 35c vs 16c. It dipped to $145.88, then traded near $152 after hours.

TOMORROW'S SETUP

Before the open. AT&T, Abbott, Danaher, Elevance, and CME report Q3. Same test: raised or trimmed outlook?

10:30 AM ET. EIA petroleum status report. WTI is still near $103, and a stock draw keeps that pressure on.

1:00 PM ET. $13 billion 20-year Treasury auction. A weak bid would test the bounce after Monday's 10-year jump to 5.14%.

After the close. TSLA and META report Q3. Meta consensus revenue $63.34B, EPS near $6.59. Capex and the revenue guide are the swing.

ONE TO WATCH TOMORROW

TSLA closed $373.71 (+1.54%) and reports Wednesday after the close. Consensus EPS about $0.45, revenue about $27.9B. Energy storage margin and the capex outlook decide the read. The tell: does the outlook hold, or does a fine quarter get sold on the guide like Netflix tonight?

Market Signal Report
powered by StocksToTrade

HANDPICKED FOR YOU

Signal over noise. Evening recap of Tuesday's official close. Wednesday starts with AT&T, Abbott, and Danaher before the open, and Tesla and Meta after the close.