Market Climbs as Investors Prepare for Biggest Earnings Week of the Year | Live Stock

Good morning, traders. Happy Monday, October 28th. The market is climbing, with just one S&P 500 sector in the red. It is the start of a massive earnings week, with every mag seven tech giant reporting besdies $Tesla (TSLA.US)$ who reported last week, and $NVIDIA (NVDA.US)$, set for a report November 21st.

$Alphabet-A (GOOGL.US)$ reports Tuesday alongside $Advanced Micro Devices (AMD.US)$, $Meta Platforms (META.US)$ and $Microsoft (MSFT.US)$ release Wdnesday, and $Apple (AAPL.US)$ and $Amazon (AMZN.US)$ arrive Thursday- look out for a first word on their results here on moomoo.

$Boeing (BA.US)$ fell about 1% Monday morning, the lowest decliner on the Dow at times after the firm said it would sell about $19 billion in stock to shore up its balance sheet. According to the WSJ, the firm will launch a public offering for 90 million shares of common stock at $14 billion in value -- and issue $5 billion in preferred stock.

$Oklo Inc (OKLO.US)$ climbed 27%, leading a push in the nuclear power sector caused in part after a 60 Minutes TV segment featuring $Centrus Energy (LEU.US)$ CEO Amir Vexler, who said the nuclear power industry supplies 20% of American power and relies on Russian Uranium. The nuclear industry has seen massive demand from mag seven tech companies to fulfill the dramatic needs of AI data centers.

$Lightbridge (LTBR.US)$  climbed 20%, $NuScale Power (SMR.US)$ climbed 18%, and $NANO Nuclear Energy (NNE.US)$  climbed 9%.

$ON Semiconductor (ON.US)$ climbed just 3% after the automotive chip company reported an expected 19% drop in revenue Monday morning, but adjusted earnings and profit above estimates.

$Crude Oil Futures(FEB5) (CLmain.US)$ fell 5% after Israel struck targets in Iran over the weekend- killing four soldiers by bombing air defense systems and military targets. However, Iran downplayed the damage, and senior Biden administration officials told Bloomberg the lack of response and light attack by Israel was due in part to their efforts to mitigate a military confrontation between the two regional powers.

$Bitcoin (BTC.CC)$ climebd a bit to $68k. Gold fell while silver climbed, the     $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the       $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ climbed.

Just past 11:53 am ET the     $S&P 500 Index (.SPX.US)$ traded +0.38% the       $Dow Jones Industrial Average (.DJI.US)$ climbed 0.64%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 0.24%.

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