This week, LevelFields alerts delivered impressive returns. Upwork's announcement to layoff 21% of their workforce spurred a 26.67% gain in one day. MYND's buyback of nearly 25% led to a 15.94% gain. WST announced positive guidance and a dividend increase, resulting in a 15.4% daily gain. CHRO also announced a stock buyback, leading to an 13.1% one day return.

Boeing Looks to Sell Space Division, Cut Expenses

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Following the explosion of a Boeing-made satellite that left customers without communication services this week, Boeing is considering selling its NASA-related business, including the Starliner space vehicle and operations supporting the International Space Station, as it aims to exit the space sector. This move comes as the aerospace giant continues to face financial challenges, with the new CEO reportedly leading efforts to explore potential buyers for these assets. Likely buyers include LockHeed Martin and Northrop Grumman.

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Tesla Stock Rockets on Earnings Beat

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Tesla shares rose almost 22% this week, bringing the stock to its highest level in over a year. The surge follows the company’s Q3 earnings report, which exceeded expectations with adjusted earnings per share of 72 cents, compared to the forecasted 58 cents. Tesla’s revenue reached $25.18 billion, slightly below estimates but up 8% year-over-year. CEO Elon Musk provided an optimistic outlook for 2025, predicting 20-30% vehicle growth driven by lower-cost models and advancements in autonomy. Despite the rally, Tesla's shares remain about 35% below their 2021 all-time high, with competitive risks lingering.

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U.S. Bonds Become Volatile as Rates Rise

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U.S. Treasury markets experienced a volatile week as the 10-year yield hit a three-month high of 4.2%, driven by investor uncertainty over Federal Reserve rate cuts and the upcoming election. The ICE BofA Move Index, measuring bond volatility, reached its highest level in 2024. Despite some technical indicators suggesting the selloff was overdone, rising inflation expectations and concerns about fiscal spending persist.

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Lillium Not Ready for Takeoff

Lilium’s shares dropped 62% after the German air taxi startup revealed that its two main subsidiaries would file for insolvency due to an inability to repay debts. This comes as the FAA introduced final safety rules for the air taxi sector, a milestone for companies like Joby and Archer. The new regulations, covering pilot training and operations, are expected to accelerate the industry's commercial launch by the end of 2025. While this decision boosts competitors, Lilium's financial woes may hinder its ability to capitalize on the regulatory clarity that is expected to drive growth and investment in the air taxi market.

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Not So Happy Meal at McDonalds Due to E. Coli

A McDonald’s E. coli outbreak linked to Quarter Pounders has expanded, affecting 75 people across 13 states. One person has died, and 22 have been hospitalized. The FDA suspects uncooked slivered onions as the contamination source. Taylor Farms, the onion supplier, issued a voluntary recall, and McDonald’s has pulled affected products from select locations. McDonalds stock dropped over 7% this week following a 29% rise over the past 4 months. Events change everything.

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Starbucks Sinks on Preliminary Sales Stats

Starbucks shares fell 4.2% after CEO Brian Niccol admitted the company had “lost track” of its identity and called for a simplified menu. The company reported disappointing preliminary Q4 sales, with a 7% decline in same-store sales. Niccol emphasized that the turnaround “will take time” as customer traffic remains weak. Rival Dutch Brothers (BROS) stock is up 9% this month.

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