Tesla shares climbed nearly 5% following the unveiling of the highly anticipated second-generation Roadster. Featuring SpaceX-developed rocket thrusters capable of aerial maneuvers, Tesla has positioned the vehicle as the world’s first flying car, with production slated for 2028.
SpaceX also saw gains, rising over 1% on the back of the Roadster announcement. Additional momentum came from a price target hike by Evercore ISI and news that competitor Blue Origin intends to scale New Glenn launches to multiple flights per week by 2030.
Alcoa shares rose more than 2% after reporting third-quarter earnings that exceeded analyst expectations, driven largely by a recovery in the alumina segment.
In contrast, CoreWeave shares declined 4% premarket as a previous rally faded. The company remains under pressure as investors weigh the impact of rising interest rates on its significant debt load.
Netflix shares dropped nearly 1.5% following news of a leadership transition. Chief Content Officer Bela Bajaria is departing the company and will be succeeded by former Disney executive Peter Rice. This shuffle follows an announcement that Netflix will reduce its workforce by approximately 6%, resulting in about 1,000 job cuts.
Travelers shares fell 4% despite reporting third-quarter results that beat Wall Street estimates. The insurance provider posted core earnings of $9.18 per share on revenue of $12.48 billion, significantly outperforming LSEG analyst projections of $7.42 per share on $11.38 billion in revenue.
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- Russian Missile Strikes Spark Widespread Industrial Fires in Ukraine’s Odesa and Zaporizhzhia Russian missile strikes ignited extensive conflagrations within key industrial zones in Ukraine’s Odesa and Zaporizhzhia regions on Friday, 16 October**, plunging several factories into uncontrolled infernos. <img class=”c-ad__placeholder__logo” src=”https://static.euronews.com/website/images/logos/logo-euronews-stacked-outlined-72×72-grey-9.svg” width=”72″ height=”72″ alt=””/> <span>ADVERTISEMENT</span> <img class=”c-ad__placeholder__logo” src=”https://static.euronews.com/website/images/logos/logo-euronews-stacked-outlined-72×72-grey-9.svg” width=”72″ height=”72″ alt=””/> <span>ADVERTISEMENT</span> Firefighters raced toward the blazing facility in Odesa, deploying heavy hoses as debris and burning material littered the surrounding ground while attempting to stifle the spreading inferno. To the east, in Zaporizhzhia, emergency responders employed an altitude‑enhanced ladder to combat a massive blaze spanning approximately 500 sqm** at a commercial enterprise**. Footage from Ukraine’s emergency operations** service** shows operators directing high‑pressure water jets directly onto the flames at both sites. These incidents occurred alongside President Volodymyr Zelensky**’s participation in high‑level meetings **with European allies**. Visual evidence captures him joining European Commission President Ursula von der Leyen** and European Council President António Costa** during the summit. The scene also features German Chancellor Friedrich Merz**, Italian Prime Minister Giorgia Meloni**, and Polish Prime Minister Donald Tusk** present at the gathering. The images highlight the ongoing devastation wrought by Russian artillery strikes on Ukrainian industry amid Kyiv’s diplomatic outreach to Europe.


