Friday’s Market Movers: Earnings Reports Shake Traditional Stocks as Crypto Markets Watch
Schlumberger's stock dipped despite beating Q3 estimates, reflecting energy sector volatility. American Express bucked the trend with a rally post-earnings, while BP faced skepticism over its strategic pivot. Tesla slid under bearish analyst pressure—a reminder that even industry leaders face scrutiny.
Biopharma stole the spotlight with Rani Therapeutics and Artiva Biotherapeutics soaring on clinical developments. Meanwhile, Micron Technology's China-related chip restrictions highlighted geopolitical risks in tech supply chains.
Notably absent were crypto-specific mentions, though traditional market tremors often Ripple into digital asset valuations. The silence speaks volumes—while equities react to earnings season, cryptocurrencies consolidate for their next macro-driven move.
