ExxonMobil and Uber: This Week's Top Stock Picks

uk.investing.com —

U.S. stocks fell Friday, closing a losing week and month, as disappointing results from Intel, Amazon, and Alphabet fueled concerns over AI investment financing costs, with the S&P 500 down 0.6% for the week and the Nasdaq down 5.3% in October. The coming week brings the U.S. midterm elections on Nov. 3, over 100 S&P 500 earnings reports including Apple and Uber, and Friday's October jobs report forecast to show 63,000 new positions. Analysts recommend buying ExxonMobil due to rising oil prices from Middle East supply risks, while selling Uber ahead of its earnings amid robotaxi competition concerns.


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