Stocks on the rebound as the 10-year yield backs off from 4-year highs. Plus – HP and HP Enterprise earnings on the way – we’ll have them for you. And – Tesla takes another step towards getting the Model 3 in customer hands. But is the automaker still in ‘production hell’? Plus – the co-founder of Facebook is here. He reveals his latest project, and what he thinks of Facebook, now. Catch The Final Round at 3:55 ET p.m. with Myles Udland and Rick Newman.
Winners and losers
Roku despite beating on earnings, as the devicemaker’s Roku’s current quarter revenue guidance missed the mark, Wayfair as the home furnishings site reported a wider loss than expected, and Snap – shares tanking here following increased backlash from Snapchat’s redesign, and a Kylie Jenner tweet asking if anyone used the app anymore, and that “this is so sad.” Jenner was one of Snapchat’s most popular users.
Stocks in the green include Avis Budget Group as the car rental operator easily beat on earnings for the quarter, Bloomin’ Brands as the Outback Steakhouse parent beat on earnings and saw comp sales rise over 3%, and Walmart – shares getting a boost here as will launch a new online home shopping experience that will let shoppers discover fashion and home furnishing items based on their style.
