Electric carmaker Tesla got  added to the S&P 500.Its shares will officially begin trading as part of the index on Dec. 21.The inclusion comes after the stock failed to it to the index during the latter’s quarterly rebalancing in early September. Tesla’s stock surged about +14% at 6:20 p.m. in New York, lifting Musk’s net worth to $117.5 billion, according to the Bloomberg Billionaires Index. On Saturday, Musk tweet read that he “most likely" had a moderate case of Covid-19 and has had symptoms of “a minor cold."

Revenue is expected to grow by 12.1% for the quarter. Walmart’s earnings are expected to come in at $1.18 for Q3 after coming in at $1.16 in the third quarter of last year.Revenue is expected to come in 3.3% higher. If we look at Tickeron’s screener, both companies are pretty highly rated.

Cisco beat its first quarter earnings expectations, while also topping revenue estimates. The IT and networking behemoth’s adjusted non-GAAP earnings for the three months ending in September fell -9.5% year-over-year to 76 cents per share, but was six cents ahead of the Street consensus forecast of 70 cents per share. Revenues dropped -9.6% year-over-year to $11.9 billion, but beat the Street  expectation of $11.85 billion.But services revenues rose +2% year-over-year to $3.34 billion. Looking ahead, Cisco expects full-year revenues to be -0.2% lower from last year.

Retailers with a strong presence in traditional shopping malls have been hit especially hard while retailers with stand-alone stores have fared much better. Obviously the sales are being impacted by the nature of the goods the companies sell as well.Because we are spending more time at home, people are looking to change their living spaces, whether it means buying a new home or modifying their current home to include a home office. Two of the biggest home improvement retailers, Home Depot (HD) and Lowe’s (LOW), are set to report earnings next week and both are expected to see solid earnings and revenue growth for the quarter.

Alibaba Group Holdings'   Singles Day sales has topped $75 billion, even higher than last year's record high. According to data published by Alibaba, gross merchandise sales on its group's 12th annual Global Shopping Festival was 498.2 billion Chinese yuan, or just over $75 billion. Last year's Singles Day sales were $38 billion. Sales on Singles Day itself were initially expected to generate $45 billion or more in total sales. Last month, Amazon garnered $10.4 billion sales in its two-day Prime Day event.

After former Vice President Biden was predicted the winner of the U.S. presidential election on Saturday morning, stock futures opened higher on Sunday evening.This news sent markets soaring higher all over the globe and U.S. index futures jumped anywhere from 4% to 7% on the Russell. Once the market opened we saw huge moves from certain industries and sectors.

On Tuesday, Walmart announced that next year it will kick-start a new pilot of electric-powered self-driving cars with Cruise, that’s a majority-owned subsidiary of General Motors. While the retail giant did not disclose terms of the deal, it did say that customers who live near the pilot in Scottsdale, Arizona can place an order from their local store and have it delivered by one of Cruise’s vehicles. Tom Ward, senior vice president of customer product for Walmart U.S also mentioned that the electric car project will help Walmart achieve its goals of delivering items to customers quickly, and to reach the company’s target of zero emissions by 2040.

American Airlines announced a secondary public offering of 38.5 million shares. Bank of America is the sole underwriter for the offering, and will have a 30-day option to purchase up to 5.775 million additional shares. This follows the air carrier’s announcement three weeks ago, where it mentioned that  that it will be selling, from time to time, shares of its common stock with an aggregate gross sales price of up to $1 billion.As of Nov. 9, the company had sold 57.86 billion shares of its common stock for a gross sales worth $702 million. 

Maker of plant-based meat substitute Beyond Meat Inc.  reported a surprise third quarter loss on coronavirus pandemic effect. Beyond Meat’s adjusted loss for the three months ending in September came in at -28 cents per share, vs. the Street forecast of a +5 cents per share profit.  Revenue increased +2.7% year-over-year to $94.4 billion, but was below short analysts' forecasts of $132.8 million . "We experienced the full brunt and unpredictability of COVID-19's impact for the first time in Q3, producing net revenues of $94 million, a sequential drop from record net revenues of $113 million in Q2," founder and CEO Ethan Brown told investors late Monday.

The aircraft was halted  in the spring of 2019 following crashes in Indonesia and Ethiopia that killed 346 people. According to a Reuters report earlier this week,  the Federal Aviation Administration (FAA) is in the final stages of its approval process for the aircraft. On Monday, it was reported  that the final approval could come on November 18. On October 29, Boeing CFO Greg Smith told investors,” We expect the 737 MAX delivery timing, along with the production rate ramp-up profile to continue to be dynamic as they will ultimately be dictated by the pace of the commercial market recovery, which has been slow and remains uncertain," and added, "There is no material change in the estimate for the total abnormal cost of $5 billion, and we expect these costs will be expenses incurred over this year and next year.

On Monday, Pfizer and BioNTech announced that their coronavirus vaccine was more than 90% effective in preventing Covid-19 among those without evidence of prior infection “I think we can see light at the end of the tunnel,” Pfizer Chairman and CEO Dr. Albert Bourla told CNBC’s Meg Tirell on “Squawk Box.” “I believe this is likely the most significant medical advance in the last 100 years, if you count the impact this will have in public health, global economy.” The coronavirus pandemic has claimed over 1.2 million lives worldwide. Pfizer’s findings were based on the first interim efficacy analysis conducted by an external Data Monitoring Committee from the phase three clinical study.By evaluating 94 confirmed Covid-19 infections among the trial’s 43,538 participants, the analysis was split between vaccinated individuals and those who received a placebo.

If you are going to buy a stock, you have to like the company, but you also have to like the price.” I went on to tell him how I believe that you have to look at the fundamentals because that tells you about the company.Me personally, I don’t do deep-dive analysis on a company’s financials—I’m not a forensic accountant. Cisco Systems (CSCO) is a perfect example of a stock where the company looks better than the stock.

Wendy's   reported revenue that fell short of expectations. But earnings beat analysts’ forecasts. The fast food company’s adjusted EPS came in at 19 cents per share, higher than analysts’ expectations of 17 cents a share. Revenue of $452.2 million increased from $437.9 million a year ago.Analysts were expecting revenue of $454 million. "We remain focused on our goal of delivering efficient, accelerated growth behind our three major long-term growth pillars: building our breakfast daypart, growing our digital business and expanding our International footprint," said CEO Todd Penegor in a statement. 

Advanced Micro Devices  got a rating upgrade from  Goldman Sachs.  Goldman analysts boosted the rating on the semiconductor maker’s shares to buy from neutral.They added them to Goldman’s Conviction List. Goldman analysts lifted their share-price target to $96 from $84. The analyst cited share gains across the personal-computer and server central-processing-unit markets,  gross-margin expansion, and  operational expenditure leverage, driving above-consensus earnings growth. “The recent correction in the stock … presents a compelling opportunity to participate in what we expect to be a multi-year share gain and margin expansion story,” the analysts wrote.

Honda is trading below its 13-week and 52-week moving averages. I was a little surprised when I looked at the fundamental analysis screener for the two stocks.It gets two negative readings from the Profit vs. Risk Rating and the SMR rating. The technical screener doesn’t look as good for Honda.

  The initial phases will consist of placing safeguards for crew members, and the CDC will ensure that ship operators have adequate protective equipment for the crews.    This will be followed by a phase where ship operators will have to build the laboratory capacity for testing passengers for covid-19.  In the next phases,  the cruise lines will conduct simulated voyages to test ship operators' ability to mitigate covid-19.Subject to passing the tests, ships will be certified to resume voyages.   

Five9  reported earnings that beat analysts’ estimates. The cloud company’s quarterly earnings were $0.27 per share, compared to analyst expectations of $0.18 a share. Revenue surged +34% year-over-year to a record of $112.1 million. CEO Rowan Trollope told about its acquisition of Inference in a press release, “We believe adding Inference to the Five9 portfolio accelerates our leadership position in AI while also providing customers with a market-leading IVA at a time when customers need efficient real-time assistance,” while adding “Customer engagement is now more paramount than ever.We are excited to build upon our successful partnership with this acquisition.”  

Active membership in Starbucks’ U.S. loyalty program climbed +10% to 19.3 million people and accounted for 47% of transactions. China same-store sales dropped by just -3%. During the quarter, Starbucks opened 480 new cafes on net.It expects to open 1,100 net new stores and $1.9 billion in capital expenditures in the next fiscal year. Looking ahead, the company forecasts  adjusted earnings of 50 cents to 55 cents per share for the fiscal first quarter.  

Inphi will be worth $157.83 a share, according to the deal’s terms. "Our acquisition of Inphi will fuel Marvell's leadership in the cloud and extend our 5G position over the next decade," said Matt Murphy, Marvell CEO and president."Inphi's technologies are at the heart of cloud data center networks and they continue to extend their leadership with innovative new products, including 400G data center interconnect optical modules, which leverage their unique silicon photonics and DSP technologies.

Shopify   reported third-quarter earnings and sales that beat analysts' expectations. The e-commerce tech company’s adjusted earnings for the third quarter came in at $1.13 a share (vs. a loss of - 29 cents a share a year ago).Analysts polled by FactSet had expected 52 cents a share earnings. Revenue surged +96% year-over-year to $767.4 million in the quarter, exceeding analysts' forecasts of $657.8 million.  The company’s subscription solutions revenue increased +48% to $245.3 million, on the back of more merchants entering the platform.