Tesla, Netflix earnings, UAW strike, Israel at war top week ahead

Lockheed Martin reports Tuesday; company supplies Israel with F-35 fighter jets

In the coming week, investors will continue to monitor the ongoing war between Israel and Hamas and any impact on oil prices and global markets. 

Crude gained nearly 6% last week following the attack on Israel amid choppy trading. 

U.S. Oil Fund

As for stocks, the benchmarks ended the week mixed on Friday with the Dow Jones Industrial Average notching a small gain, while the Nasdaq Composite and S&P 500 fell. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 43870.35 +461.88 +1.06%
SP500 S&P 500 5948.71 +31.60 +0.53%
I:COMP NASDAQ COMPOSITE INDEX 18972.420086 +6.28 +0.03%

NETANYAHU SAYS ‘HAMAS IS ISIS’ AS ISRAEL PREPARES FOR GROUND INVASION OF GAZA

Monday, Oct. 16

Disney turns 100

Walt Disney World

The entrance to Walt Disney Studios in Burbank, Calif., Aug. 6, 2018.  (REUTERS/Lucy Nicholson/File Photo / Reuters Photos)

On Monday, Walt Disney will celebrate 100 years since its founding. Over the last 12 months, shares have fallen 12% amid executive upheaval and an ongoing proxy fight with activist investor Nelson Peltz.

DISNEY FACING ACTIVIST INVESTOR NELSON PELTZ AGAIN

Bob Iger attends an NBA

Bob Iger attends a game between the Los Angeles Clippers and the Phoenix Suns at Crypto.com Arena April 20, 2023, in Los Angeles. (Allen Berezovsky/Getty Images / Getty Images)

DISNEY RAISES PRICES AT CALIFORNIA, FLORIDA THEME PARKS

CEO Bob Iger, who returned to the helm in November after the ouster of Bob Chapek, is mulling how to turn around the media giant, and possible moves involve selling assets. 

Disney

On Wall Street, Charles Schwab will report to shareholders before the opening bell.

Ticker Security Last Change Change %
SCHW THE CHARLES SCHWAB CORP. 80.80 +0.34 +0.42%

CEO MARC ROWAN CALLS ON UPENN LEADERS TO RESIGN; ALUMS TO HALT DONATIONS OVER ALLEGED ANTISEMITISM

Tuesday, Oct. 17

Will Lockheed Martin reveal more deals with Israel? 

Bank of America, Goldman Sachs, Johnson & Johnson and Lockheed Martin will report earnings before the opening bell, while Interactive Brokers Group, JB Hunt and United Airlines will follow after the session closes. 

Ticker Security Last Change Change %
BAC BANK OF AMERICA CORP. 46.46 +0.40 +0.87%
GS THE GOLDMAN SACHS GROUP INC. 596.11 +14.18 +2.44%
JNJ JOHNSON & JOHNSON 155.50 +2.39 +1.56%
IBKR INTERACTIVE BROKERS GROUP INC. 191.71 +3.85 +2.05%
JBHT J.B. HUNT TRANSPORT SERVICES INC. 181.57 -0.01 -0.01%
UAL UNITED AIRLINES HOLDINGS INC. 94.40 -0.23 -0.24%

X CEO SAYS APP REMOVES HUNDREDS OF HAMAS-LINKED ACCOUNTS

Defense stocks were active last week after Israel was attacked by Hamas. Investors will be watching for any update on weapons purchases, including Lockheed's F-35 fighter jets. Those shares gained around 10% for the week. 

Lockheed Martin

ISRAEL WAR BOOSTS LOCKHEED MARTIN, NORTHRUP GRUMMAN, OTHER DEFENSE STOCKS

Data on retail sales will give a fresh snapshot on how the back-to-school shopping season fared. Month-over-month sales are expected to rise +0.3% versus 0.6% in August. Year-over-year sales may increase +1.5% versus +2.5% during the same period a year ago, according to Trading Economics. 

Ticker Security Last Change Change %
WMT WALMART INC. 88.39 +1.21 +1.39%
TGT TARGET CORP. 121.59 -0.17 -0.14%
AMZN AMAZON.COM INC. 198.38 -4.50 -2.22%

PROJECT DYNAMO WORKING TO GET AMERICANS OUT OF ISRAEL AMID WAR AGAINST HAMAS

Additional reports include industrial production, business inventories and the NAHB housing market index.

Wednesday, Oct. 18

Tesla, Netflix report to shareholders

Tesla and Netflix are the two biggest companies with earnings on Wednesday. 

Ticker Security Last Change Change %
TSLA TESLA INC. 339.64 -2.39 -0.70%

In July, Tesla's revenue and earnings per share came in above estimates for the second quarter of 2023 on $24.93 billion in total revenue, a 47% spike from the same three-month period in 2022. Tesla's net income for the last quarter rose 19.7% compared to 2022’s second quarter. 

DOLLAR GENERAL SHARES JUMP AS RETAILER BRINGS BACK FORMER CEO

Shares have gained over 100% this year. 

Tesla

ELON MUSK MAKES TESLA SUPERCHARGERS FREE TO USE IN ISRAEL

Meanwhile, Netflix's second-quarter earnings in July revealed a significant spike in subscriber growth, proving success with the controversial crackdown on password sharing and the rollout of a cheaper subscription option.

Ticker Security Last Change Change %
NFLX NETFLIX INC. 897.48 +13.63 +1.54%

The streaming platform also notched a 3% increase in revenue the last quarter, totaling $8.2 billion.

TWO STREAMING SERVICES RAISING PRICES FOR AD-FREE PLANS

Economic data on Wednesday includes mortgage applications, building permits, housing starts and EIA weekly crude stocks.

Thursday, Oct. 19

Who’s working? Jobless claims 

On Wall Street, Alaska Air Group, American Airlines, AT&T, Blackstone and Union Pacific will report earnings before the opening bell, with data on initial jobless claims and existing home sales due. 

Ticker Security Last Change Change %
ALK ALASKA AIR GROUP INC. 52.30 -0.84 -1.58%
AAL AMERICAN AIRLINES GROUP INC. 14.20 -0.26 -1.80%
T AT&T INC. 22.98 +0.15 +0.66%
BX BLACKSTONE INC. 194.01 +8.98 +4.85%
UNP UNION PACIFIC CORP. 239.08 +5.54 +2.37%

MORE THAN 200 VENTURE CAPITAL FIRMS SIGN PUBLIC STATEMENT IN SUPPORT OF ISRAEL

Friday, Oct. 20

EU Commission chief in U.S. to meet with Biden 

American Express will report before the opening bell on Wall Street.

Ticker Security Last Change Change %
AXP AMERICAN EXPRESS CO. 293.00 +5.29 +1.84%

Meanwhile, the EU Commission chief and EU Council president will be in the U.S. to meet with President Biden for an EU and U.S. summit. 

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FOX News’ Taylor Penley contributed to this report. FOX Business’ Eric Revell, Madeline Coggins and Elizabeth Pritchett also contributed.