Financial markets are awaiting earnings reports from Tesla and Meta, scheduled for release after the US market close today. In the UK, services inflation rose to 3.7%, potentially concerning the Bank of England despite core CPI matching expectations at 2.8%. Additionally, reports emerged regarding a potential US-Iran energy deal mediated by Qatar and Pakistan aimed at lowering global energy prices.
The company reported higher-than-expected third-quarter 2026 revenue, despite AI spending weighing on profits and market speculation regarding a potential SpaceX merger.
Read the full story