Morning Brief
Stock futures, Tesla, Apple smartphone ranking
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Show notes
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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