00:00all right as mentioned right at the top here futures under significant pressure here today
00:11S&P futures down 0.98 percent this is actually up off the low was down more earlier this morning
00:17Dow future down six tenths down 0.6 percent and the Nasdaq leading the way lower at minus 1.33
00:24it is worth noting that all of these indices are up off of the lows this morning doesn't mean we
00:30won't retest them but still pointing to a weaker open across the board here let's go ahead and take
00:38a look at some cues from last session sectors gaining on Monday included consumer discretionary
00:43and information technology and I'll tell you what that sure changed at the end when Palantir
00:49reported earnings the decline comes as chatter around the AI bubble gained more ground looks
00:55like my Halloween costume was a pretty good one pretty good timing there with Michael Burry known
01:00for his big short bet against the 2008 housing market buying put options worth over a billion
01:07dollars are on Nvidia and Palantir combined meanwhile the U.S. government shutdown stretched into its 34th
01:14day with experts warning that the economic consequences are becoming more severe as the
01:19standoff continues the 10-year treasury bond yielded 4.08 percent and the two-year bond was at 3.58 percent
01:27we do have several stocks in focus here today first one's going to be advanced micro devices or ticker AMD
01:34that fell 2.22 percent in the pre-market on Tuesday ahead of its earnings scheduled to be released after the
01:41closing bell analysts expected to report earnings of 116 per share on revenue of 8.74 billion you could
01:48say that this is probably the biggest earnings report of the day we'll see how this ends up reporting
01:53next on this list is going to be Upwork that's ticker UPWK it jumped 18.3 percent after reporting better
02:01than expected third quarter financial results and issued fourth quarter guidance above estimates also the
02:08company raised its full year 25 guidance above estimates so Upwork with a good pop there on
02:13earnings Denny's Corporation ticker D-E-N-N surged 49.15 percent after the company announced late on
02:22Monday it had entered into a definitive agreement to be acquired and taken private for approximately
02:28620 million dollars so if you were in Denny's Corp ticker D-E-N-N today is your exit day
02:34Palantir is uh is next on the list at tumbled 7.51 percent despite strong earnings as Burry's
02:42Scion Asset Management purchased 186.58 million worth of put options see where Palantir goes today
02:51that's going to be the uh the big watch here today so far in the pre-market it looks like it's done an
02:56all right job holding 190 we'll see if that 190 ends up falling here today and the last stock on our list
03:02tier is going to be Uber um ticker UBER dropped 2.47 percent after it reported revenue of 11.2 billion
03:12which missed the 13.27 billion estimate and its gross bookings grew 16 percent year over year to 41
03:20billion missing management outlooks between 48.25 billion and 49.25 billion
03:27tiered and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion
03:33and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion
03:35and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion and 50.25 billion
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