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Zacks Investment Research is one of the most highly regarded firms in the investment industry for stocks and investment research. The guiding principle behind our work is that there must be a good reason for brokerage firms to spend billions of dollars a year on stock market research. Obviously, these investment experts know something special that may be indicative of the future direction of stock prices. From day one, we were determined to unlock that secret knowledge and make it available to our clients to help them improve their investment results. DISCLOSURE This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole.

10/16/2026

Thursday's Producer Price Index (PPI) report came in hotter than expected.

• Headline PPI: +1.3% MoM vs. +0.5% expected
• Headline PPI: +6.3% YoY vs. +5.4% expected
• Core PPI: +0.7% MoM vs. +0.3% expected
• Core PPI: +5.0% YoY vs. +4.5% expected

Between Wednesday's CPI and Thursday's PPI, the latest reports show inflation picking back up.

10/16/2026

Wells Fargo (WFC) and Citigroup (C) reported mixed Q3 earnings results.

Wells Fargo:

• EPS surprise: +1.08%
• Sales surprise: -1.26%
• EPS growth: +8.09% YoY
• Sales growth: +2.01% YoY

Citigroup:

• EPS surprise: +7.14%
• Sales surprise: +0.78%
• EPS growth: +27.2% YoY
• Sales growth: +7.9% YoY

Citigroup's revenue reached $23.85 billion, marking its highest third-quarter revenue in a decade.

Both banks reported earnings growth, although Wells Fargo missed sales expectations.

10/16/2026

Goldman Sachs (GS) and JPMorgan Chase (JPM) kicked off Q3 earnings season with mixed results.

Goldman Sachs:

• EPS surprise: +31.86%
• Sales surprise: +10.75%
• EPS growth: +31.9% YoY
• Sales growth: +23.1% YoY

Equities trading revenue jumped 72%.

JPMorgan Chase:

• EPS surprise: -3.20%
• Sales surprise: -3.90%
• EPS growth: +13.4% YoY
• Sales growth: +8.06% YoY

JPMorgan's trading revenue grew 46%, while a $658 million securities loss weighed on earnings.

Both banks reported year-over-year growth, despite differing results against expectations.

10/14/2026

AI stocks have pulled back over the past two weeks, but are investors overreacting to bearish headlines?

In the latest Zacks Market Minute, Andrew Rocco breaks down three headlines he believes investors are misinterpreting and explains why the AI trade could still have room to run.

10/12/2026

Microsoft (MSFT) is making another major push into agentic AI.

MSFT recently unveiled a revamped Copilot experience, bringing deeper AI integration across its productivity ecosystem, including Word, Excel, PowerPoint and Teams.

With new AI capabilities rolling out and the stock showing signs of a technical breakout, could Microsoft's expanding AI ecosystem become its next major growth catalyst?

10/12/2026

Which sector are you watching most closely during this earnings season?

10/12/2026

Q3 earnings season kicks off this week, with S&P 500 earnings growth forecast at 24.6%.

With stocks trading near record highs, upcoming results will provide another look at corporate profitability and whether earnings can support the market's momentum.

10/12/2026

Which report will have the bigger impact on markets: CPI or PPI?

10/12/2026

Two major inflation reports are in focus this week.

• Wednesday, Oct. 14: Consumer Price Index (CPI)
• Thursday, Oct. 15: Producer Price Index (PPI)

Following cooler-than-expected PCE inflation data, investors will be watching for further signs that price pressures are easing ahead of the Fed's October meeting.

10/12/2026

OpenAI reported approximately $50 billion in annualized revenue at the end of Q3, compared with an earlier $68 billion figure that included partner revenue.

Growth remained substantial:

• Total revenue run-rate growth: +77% in Q3
• Enterprise run-rate growth: +107%

OpenAI reportedly expects annualized revenue to reach $70 billion by year-end.

With Q3 earnings season beginning, investors will get another look at AI-related demand and corporate growth.

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