Stock futures, Tesla, Apple smartphone ranking
Update: 2024-10-25
Description
Spirit Airlines (SAVE) stock soars after the budget airline announced a cost-cutting plan that includes layoffs and selling 23 of its Airbus (AIR.PA) planes valued at over $500 million. Centene (CNC), Microsoft (MSFT), and Colgate-Palmolive (CL) were among the top stocks on Yahoo Finance's trending ticker platform.
Takeaways:
- US stock futures (ES=F, NQ=F, YM=F) are buzzing this morning in anticipation of next week's Big Tech earnings.
- Tesla (TSLA) shares are taking a dip in Friday's pre-market trading after soaring by over 21% in Thursday's session in response to its third quarter earnings numbers.
- Lastly, KeyBanc downgraded Apple (AAPL) to underweight, while IDC Research reported the iPhone 16 maker jumping to the number two in China's smartphone market.
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