Tesla, Chips and Earnings Dominate a Busy Thursday

Tesla Grabs the Spotlight

Tesla is the day's most-discussed name. Cybercab deliveries before year-end are now a firm commitment, though Elon Musk says the vast majority of the fleet will stay Tesla-owned rather than reach private customers. Options flow has turned bullish into Q3 results. The stock carries significant put activity from semiconductor traders nearby, but Tesla itself is drawing call interest as the print approaches.

Chip Bears and a Record from Taiwan

Options flow in semis has turned decisively negative. Micron, NVIDIA, and Advanced Micro Devices sit at the top of the bearish bets table by dollar value. All three carry RSIs below 42. That caution contrasts sharply with the macro backdrop: Taiwan export orders hit $114.2bn in September 2026, up 62% on the year and the largest September reading since 1984. TSM is the direct beneficiary of that demand surge, with a stock score of 91 among chip names.

Earnings Flood Across Two Continents

Over 1,200 companies report this week. Roche kicked things off today. Sartorius also reports, with lenders and short sellers both relaxed ahead of the print. Thursday brings the auto sector into focus. Volvo Car reports with Finnish car registrations running 9% below last year, though India registrations point 9% higher. Renault faces a mixed read: Austrian registrations up 6%, Dutch down 19%. Mercedes-Benz and Volkswagen follow later in the week, with Dutch registrations, a strong leading indicator for Mercedes revenue, running 6% below year-ago levels. Analysts raised Moderna consensus targets to $130.58. ORTEX Index Rebalance Radar points to $5.4bn of forced buying when MSCI World adds the stock on 11 November.

After-Hours Movers

Las Vegas Sands and STAK Inc. both moved sharply after the close. STAK jumped 59% after returning to profit. LVS is trending on earnings-related chatter. CoreWeave remains a name to watch: short interest climbed to 23.7% of free float this week, up 2.6 points in five days.