Tesla robotaxi stock reaction, Nike's new CEO: Catalysts

The first full hour of Friday's trading session is chock full of knowledge, and luckily Catalysts hosts Seana Smith and Madison Mills are here to disseminate the top market and economic stories alongside leading Wall Street experts. The pair break October's preliminary consumer sentiment data, which dropped to a reading of 68.9, at the top of the show.

Tesla (TSLA) stock has fallen since CEO Elon Musk unveiled its autonomous Cybercab at the company's Robotaxi Day event last night. Hamilton Capital Partners chief investment officer Alonso Munoz and Roth MKM managing director Rohit Kulkarni join the program to both share their respective thoughts on Tesla's full autonomous vehicle pivot and its subsequent stock price reaction.

Former Nike (NKE) executive Elliott Hill will assume the role of CEO on Monday, October 14, after the ousting of chief executive John Donahoe. Truist analyst Joseph Civello comes onto the show to discuss what this leadership changeup can mean for Nike investor sentiments.

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

Other top trending stocks on the Yahoo Finance platform include auto maker Stellantis (STLA), Boeing (BA), and Tesla (TSLA).

This post was written by Luke Carberry Mogan.