Stocks fighting for gains as a government shutdown looms. Plus, Amazon is hiking Prime prices. What’s behind the move? And, what’s next for Apple shares? We get technical and check the charts. Plus, is content king for Facebook? Why the social network may go big on live sports. Catch The Final Round at 3:55 ET p.m. with Jen Rogers, Myles Udland and Dion Rabouin.
Winners and losers
Stocks in the red today include Atlassian as the Australian business software developer reported a net loss for the quarter due to tax law changes, American Express as it reported its first quarterly loss in 25 years due to, you guessed it, the new tax law, and suspended buybacks, and IBM, with shares dropping here despite IBM reporting its first revenue jump in 23 quarters, as it’s full-year profit guidance missed the mark.
Stocks in the green include Nike as Wedbush Securities analyst upgraded it to outperform from neutral citing new sneaker sales; Overstock as the New York Post reports Kroger is eying Overstock for a potential deal; and Square, with shares getting a boost as analysts at Nomura raised their price target to $64, claiming the payment company is “analogous to Amazon or Google in their early days.”