Apple Inc.'s stock price dropped -7.1% on Friday, sending its value to below $1 trillion. This come just  a day after its earnings report revealed that 46.89 million iPhones were sold during the quarter ended Sept. 30, which was below analysts' expectations.Apple also lowered expectations on holiday sales. Friday’s stock price loss led to a -10% decline from its recent high.

On Friday, ExxonMobil reported  a +57% jump in its Q3 profit which reached $6.24 billion, on the back of surging production from Permian Basin of Texas coupled with oil price spikes. Its per-share profit came in at $1.46 - versus analysts' estimate of $1.23 a share (according to Refinitiv).What could further boost the outlook on the company is its increased cash flow from operations to $11.1 billion – a four-year high. Its overall oil and gas production, however, reduced by -2% from previous year, mainly due to declining natural gas volume.

A Bloomberg report further suggested that Trump has asked his team to delineate terms of a proposed trade deal with China ahead of the President’s meeting with  Xi at the G20 leaders summit in Buenos Aires later this month.A spokesperson for China's Ministry of Foreign Affairs said on Friday, "I hope teams from both sides can implement the agreements achieved by the two countries' leaders". Talks of talks between the two nations seemed to uplift Asia's major stock indexes  on Friday.

Shares of DowDuPont jumped ~8% last Thursday, after the conglomerate reported earnings above analysts’ expectations for the third quarter.An announcement of the new share buyback plan worth $3 billion also helped boost the share price. Joining the likes of IBM and Royal Dutch Shell, the company during its earnings call said that it would buy back about 2% of its equity shares. Although revenue of $20.1 billion was slightly below the estimate of $20.23 billion, the company reported a better-than-expected adjusted earnings of 74 cents per share.

The Texas-based energy giant, Exxon Mobil Corp, hasn't been able to garner too much excitement among the investor community ahead of its third-quarter earnings report on Friday.Shaky previous quarterly results are to blame. Analysts have nevertheless given an average price target of $89.63, representing 20% upside over current share prices.

Shares of Fox Factory Holding Corp, makers of high-performance suspension products used on mountain bikes and off-road and all-terrain vehicles, soared more than +17% in Wednesday trading as the company reported record breaking third-quarter earnings. Q3 earnings highlights included: Sales increased 38.0% to $175.8 million compared to $127.4 million in Q3 2017 Gross margin increased 100 bps to 34.4% compared to 33.4% in Q3 2017 Net income attributable to stockholders was $24.3 million, or 13.8% of sales and $0.62 of earnings per diluted share, compared to $16.1 million, or 12.6% of sales and $0.41 of earnings per diluted share of Q3 2017 Non-GAAP adjusted net income was $28.1 million, or $0.72 of adjusted earnings per diluted share, compared to $18.0 million, or $0.46 of adjusted earnings per diluted share in Q3 2017 Adjusted EBITDA was $39.3 million, or 22.4% of sales, compared to $27.0 million, or 21.2% of sales in Q3 2017 Powered Vehicle Group sales grew by 56.6% whe

The newspaper/media giant's stock price climbed by as much as +6.7% to $28.18 on Thursday, the biggest intra-day gain since Feb. 8. It added 203,000 online subscribers in Q3 2018 - the biggest net gain in a quarter since the  Q4 2016 and Q1 of 2017 after the presidential election.What's more, the company experienced a +7% increase in  advertising gains, on the back of a sharp +17% climb in digital advertising. Total revenue rose  +8% in Q3 compared with the same quarter last year.

The Fed’s proposed design is based on broad range of factors including a bank’s asset size, exposure to foreign markets and off-balance sheet activities and other aspects.  Here are some of the highlights of the Fed's new proposed rules, which might be subject to further revisions - Banks with $250 billion to $700 billion in assets could see their required liquidity coverage ratio (i.e.They would continue to face annual stress tests, though. - Institutions holding assets between $100 billion and $250 billion might no longer have to meet regulatory liquidity buffers, and such banks can expect the Fed’s stress tests at a frequency of every two years (versus every year).

According to the monthly report issued by the U.S. Energy Information Administration (EIA), the U.S.’s total output for the month of August stood at record 11.346 million barrels a day compared to Russia’s 11.21 million.With these figures the U.S. now surpasses Russia to claim the title of world’s top oil producer, with the largest year-on-year output increase in U.S. history. U.S.

Undergoing a whole-scale transition under CEO Doug Lawler, Chesapeake Energy surprised the investor community by reporting third quarter earnings a day early and also with the announcement of the acquisition of WildHorse Resource Development Corp (WRD, $21.29), in a deal valued at ~$4 billion. Reporting a 58% y-o-y increase in its adjusted EPS at $0.19 cents a share, Chesapeake registered only a 12% y-o-y decrease in its production costs.The average daily oil production of the company saw a 13% y-o-y increase while the cashflow from operations stood at $504 million, up 52% on a y-o-y basis.

Automobile giant, General Motors, reported better than expected third-quarter earnings on the back of solid sales of highly profitable crew-cab trucks. The company recorded earnings per share of $1.87, compared to expectations of $1.25, with total revenue of $35.79 billion versus the expected $34.85 billion. GM’s CFO Dhivya Suryadevara on Wednesday’s conference call said that GM actually sold fewer vehicles during the third quarter -- but sold them at higher prices.But an average price increase of about $800 per vehicle (to more than $36,000) set a record for transaction prices.

Proteostasis Therapeutics (PTI) is a small-cap company developing small molecule therapeutics to treat cystic fibrosis (CF) and other diseases caused by dysfunctional protein processing.Recently, the company announced positive preliminary results from its ongoing Phase 1 study of combination therapies for CF. Cystic fibrosis (CF) is a progressive, genetic disease that causes persistent lung infections and limits the ability to breathe.

International Business Machines Corporation (IBM) announced that it will buy back $4 billion of its shares from investors, in addition to the previously scheduled $1.4 billion repurchase. The information technology/cloud computing behemoth also mentioned plans to halt share buybacks in 2020 and 2021 to stock up enough cash for its $33 billion acquisition of open-source cloud software firm Red Hat.The acquisition deal, which would be the biggest for IBM so far, might close next year - subject to regulatory & shareholder approvals. Shortly after announcing its Red Hat deal, IBM also confirmed that it will pay out, on December 10, a cash dividend of $1.57 per share.

Over the last five weeks, International Business Machines (NYSE: IBM) has dropped 23% thanks to a disappointing earnings report and the announcement that it is buying cloud-software firm Red Hat (NYSE: RHT).When that bearish phase ended, the stock seemed to find support in the $110 area as the stock bounced around the level for three weeks before reversing upward. Prior to the lows in 2016, you would have to go back to 2010 in order to see IBM trading below the $110 level. At this point, value investors and dividend investors alike have to be looking at IBM.

Continental Resources (CLR) kick started the shale earnings week in an exciting way, by nicely beating analysts’ estimates. Analysts expected CLR to record earnings growth of 800% to 81 cents per share with revenue growth of 66.7% to $1.21 billion.In reality, however, CLR reported an EPS of 90 cents per share with revenue growth by 76% to $1.28 billion.

General Electric’s (GE) share price dropped by ~10% to below $10 a share during Tuesday’s trading day, as its new CEO Larry Culp started the post-earnings conference call. 119 year-old GE’s shares dropped to as low as $9.87 per share on Tuesday, their lowest levels since hitting $9.80 a share in April 2009.The stock was also in-line for its biggest one-day drop since March 2009. GE reported third-quarter earnings and revenue that again missed analyst’s expectations.

British oil giant, British Petroleum, on Tuesday reported that it has more than doubled it’s bottom-line in the third quarter, bolstered by stronger oil prices. With oil prices hitting a four-year high in the last quarter, the company reported a ~300% jump in its revenue from $20 billion to $80.8 billion (£63 billion), compared to the same period in the previous year. The underlying profit of the company for the three month period ending September 30 grew by more than 100%, from $1.86 billion to $3.8 billion, over the three-month period in the previous quarter.The company also declared a dividend of 10.25 cents per share for the third quarter, 2.5% higher than a year earlier. Considering the tensions surrounding the oil markets, owing to the looming U.S. sanctions on Iran (OPEC's third largest oil producer) and the heightened tensions between Washington and Saudi Arabia (the world's biggest oil exporter), BP's estimated outperformance is considered to be a big news

Did Coca-Cola (NYSE:KO) lose ground during the third quarter of this year, amid the ongoing proliferation of healthier eating (and drinking) habits?Perhaps the company’s Q3 results will show something in the middle. READ MORE...

General Electric cuts its quarterly dividends to just a penny per share, from 12 cents. Shareholders were getting  dividends of 24 cents per share  a year ago.Its new CEO Larry Culp has yet to give out a definitive statement publicly on how he plans to turn around the conglomerate’s prospects, particularly of its power-equipment division. Sales from the power business had plunged -33% in Q3. Culp decided to split the power division into two units: the gas product and services groups being one unit, while GE Power’s other segments, including steam, nuclear, grid solutions and power conversion will make up the other unit.

Netflix and Nvidia  dropped by -5% and -6%, respectively. While all eyes would be on Facebook after it reports its earnings after Tuesday’s market close, Wall Street analysts have their expectations at $1.85 adjusted earnings per share on revenue of $13.8 billion (as reported by Bloomberg).On Monday, Facebook shares fell by  -2.2% .