JPMorgan and Wells Fargo earnings, Tesla Cybercab: Morning Brief

Earnings season is all about the banks, all about the banks as JPMorgan Chase & Co. (JPM) and Wells Fargo (WFC) are the first major financial institutions to report their third quarter results.

Seana Smith and Brad Smith keep track of the top earnings stories and industry movers in today's Morning Brief.

Wolfe Research chief economist Stephanie Roth examines September's steady Producer Price Index (PPI) inflation data, focusing on what the print could mean for the Federal Reserve an its interest rate cutting cycle it initiated last month.

Tesla (TSLA) CEO Elon Musk kicked off his company's Robotaxi Day last night by making a grand entrance to the event last night, arriving in the EV maker's planned Cybercab. CFRA analyst Garrett Nelson communicates his disappointment regarding Tesla's "lack of detail regarding their near-term and intermediate-term product roadmap."

Whalen Global Advisors chairman Chris Whalen also joins the program to weigh in on JPMorgan's earnings beat and his outlook on how the Big Bank will continue to "lead the pack" higher in the financials sector.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Other top trending stocks on the Yahoo Finance platform include Advanced Micro Devices (AMD), Trump Media & Technology Group (DJT, DJTWW), Bank of America (BAC), and Berkshire Hathaway (BRK-B, BRK-A).

This post was written by Luke Carberry Mogan.