AI-powered contentSome parts of this article are powered by AI.
Share this article
Netflix closes the day with its third-quarter report, while GM, GE Aerospace and 3M report first, before the US open.
Wall Street heads into Tuesday after a tech-led rebound. On Monday the Nasdaq gained 1.1% and the S&P 500 rose 0.4%, while the Dow slipped 0.1%, according to Investing.com.
Tonight the earnings season turns to industrials and defense. GM, GE Aerospace, 3M, RTX and Northrop Grumman report before the US open. Netflix follows after the close.
Q3 results after the close, with Brent settling at $109.55 a barrel on Monday
Source: closing moves for 19 October from Nasdaq.com. What to Watch: Netflix (NFLX), Nasdaq.com earnings calendar (GM, GE, MMM, UAL), Earnings Watcher (GE), 3M (MMM), Seeking Alpha (UAL).
Tonight's Key Events
Netflix reports after the close
Netflix (NFLX) posts its third-quarter results at about 1:01 p.m. Pacific Time. In its second-quarter shareholder letter, Netflix forecast third-quarter revenue of about $12.86 billion with a 33.2% operating margin. For 2026 it targets revenue of $51.0 billion to $51.4 billion and a 31.5% operating margin. Options price a move of about 9.4% after the report, according to Earnings Watcher.
United Airlines (UAL) reports after the close. Oil prices set the backdrop. Brent settled at $109.55 a barrel on Monday, after renewed Houthi attacks on Saudi energy, airport and military facilities, according to Seeking Alpha.
Pre-Market Pulse 📊
As of 8:34 p.m. ET on Monday, S&P 500 futures were flat at 7,731.75, Nasdaq 100 futures were down 0.2% and Dow futures were up 0.1%, according to Investing.com. All five watchlist stocks closed lower on Monday, while the rebound was led by tech.
Macro Note 📝
Gold held its decline as energy-led inflation weighed on the outlook for interest rates, according to Bloomberg.
Conclusion
Tonight tests whether Monday's tech rebound can spread to industrials. GM, GE Aerospace and 3M report first, before the US session opens.
Netflix closes out the day after the bell. Fourth-quarter guidance is the number most worth watching in each of tonight's reports.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms registered with Kominfo (Indonesia's Ministry of Communication and Informatics). His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.