{"id":76958,"date":"2023-10-26T05:14:04","date_gmt":"2023-10-26T09:14:04","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/meta-ibm-servicenow-ford-align-mattel-amazon-and-more-stock-market-movers\/"},"modified":"2023-10-26T05:14:07","modified_gmt":"2023-10-26T09:14:07","slug":"meta-ibm-servicenow-ford-align-mattel-amazon-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=76958","title":{"rendered":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers"},"content":{"rendered":"
\n
<\/p>\n

<\/p>\n

<\/p>\n<\/figure><\/div>\n

Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The
\n Nasdaq Composite,<\/span>
\n which dropped 2.4% on Wednesday, was indicated to open significantly lower again Thursday.
\n Meta
\n Platforms wasn\u2019t helping following its earnings report. <\/p>\n

These stocks were poised to make moves Thursday:\u00a0<\/p>\n

\n

\n Meta Platforms
\n (META) posted third-quarter earnings that beat analysts\u2019 expectations but shares of the parent company of Facebook and Instagram fell 2.6% in premarket trading after a warning from the company\u2019s chief financial officer about weaker advertising demand so far in the fourth quarter.\u00a0<\/p>\n

Third-quarter earnings at
\n International Business Machines
\n (IBM) edged Wall Street estimates, and the company\u2019s CEO said IBM\u2019s push into artificial intelligence was starting to pay off. The stock rose 1.4%.<\/p>\n

\n ServiceNow
\n (NOW) posted better-than-expected third-quarter adjusted earnings and raised its full-year financial guidance. The IT workflow-management software company said it has continued to add generative artificial intelligence across its product line. Shares rose 4.7%.<\/p>\n

\n Align Technology
\n (ALGN) was down 25% after the maker of Invisalign orthodontic aligners reported third-quarter adjusted earnings and revenue that missed analysts\u2019 estimates. The company said the results reflected \u201clower-than-expected demand and a more difficult macro environment than we experienced in the first half of 2023.\u201d<\/p>\n

\n Endeavor Group
\n (EDR) jumped 21% after private-equity firm Silver Lake said it was looking to take the sports and entertainment company private. Silver Lake owns about 71% of Endeavor\u2019s voting stake.<\/p>\n

\n Ford Motor
\n (F) was up 1.4% after the United Auto Workers union said it reached a tentative contract agreement with the auto maker. The four-year deal still needs approval from the 57,000 union members at Ford. The strike against the Detroit Three auto makers\u2014Ford,
\n General Motors
\n (GM), and
\n Stellantis
\n (STLA)\u2014started almost six weeks ago. <\/p>\n

\n Mattel
\n \u2018s (MAT) third-quarter earnings beat expectations and the toy maker raised its profit forecast for the fiscal year. Sales in the third quarter rose 9% to $1.92 billion, driven by growth in its dolls segment, such as Barbie and Disney Princess dolls. The stock, however, dropped 9.6% in premarket trading after
\n Mattel
\n warned of slowing demand as it enters the holiday season.<\/p>\n

\n Sunnova Energy International
\n (NOVA) was up 12% after the residential and commercial solar energy company said it has taken \u201cseveral actions to increase corporate liquidity\u201d that have lowered its capital needs in 2024 to zero from an anticipated $500 million.<\/p>\n

\n Amazon.com
\n (AMZN) is expected by Wall Street to report third-quarter earnings Thursday of 58 cents a share on sales of $141.5 billion, up 11% from a year earlier. The keys to the quarter will be a continued recovery in
\n Amazon
\n \u2018s flagship online stores business, an expected rebound in the growth rate for Amazon Web Services, the company\u2019s cloud computing business, and continued strength in its advertising arm.<\/p>\n

Earnings reports are also expected Thursday from
\n Intel
\n (INTC),
\n Mastercard
\n (MA),
\n Ford Motor
\n (F),
\n Southwest Airlines
\n (LUV),
\n Merck
\n (MRK),
\n Comcast
\n (CMCSA),
\n United Parcel Service
\n (UPS),
\n Honeywell
\n (HON),
\n Bristol Myers Squibb
\n (BMY), and
\n Altria
\n (MO).<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq Composite, which dropped 2.4% on Wednesday, was indicated to open significantly lower again Thursday. Meta Platforms wasn\u2019t helping following its earnings report. These stocks were poised to make moves […]<\/p>\n","protected":false},"author":1,"featured_media":76959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-76958","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nMeta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=76958\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=76958\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-26T09:14:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-26T09:14:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/10\/1698311645_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=76958#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=76958\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers\",\"datePublished\":\"2023-10-26T09:14:04+00:00\",\"dateModified\":\"2023-10-26T09:14:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=76958\"},\"wordCount\":516,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=76958#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=76958\",\"url\":\"https:\/\/ifintechworld.com\/?p=76958\",\"name\":\"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-10-26T09:14:04+00:00\",\"dateModified\":\"2023-10-26T09:14:07+00:00\",\"description\":\"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=76958#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=76958\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=76958#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld","description":"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=76958","og_locale":"en_US","og_type":"article","og_title":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld","og_description":"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq","og_url":"https:\/\/ifintechworld.com\/?p=76958","og_site_name":"iFintechWorld","article_published_time":"2023-10-26T09:14:04+00:00","article_modified_time":"2023-10-26T09:14:07+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/10\/1698311645_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=76958#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=76958"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers","datePublished":"2023-10-26T09:14:04+00:00","dateModified":"2023-10-26T09:14:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=76958"},"wordCount":516,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=76958#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=76958","url":"https:\/\/ifintechworld.com\/?p=76958","name":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-10-26T09:14:04+00:00","dateModified":"2023-10-26T09:14:07+00:00","description":"Stock futures pointed to further losses for Wall Street Thursday after a sharp slump in the previous session that was led by technology shares. The Nasdaq","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=76958#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=76958"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=76958#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Meta, IBM, ServiceNow, Ford, Align, Mattel, Amazon, and More Stock Market Movers"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/76958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76958"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/76958\/revisions"}],"predecessor-version":[{"id":76960,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/76958\/revisions\/76960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/76959"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}