00:00
Speaker A
What exactly we're watching this afternoon is something else as we make our way towards Friday, November 6th.
00:06
Speaker A
On the earnings front, we are getting a pulse on the healthcare sector. starting with Moderna reporting third quarter earnings before the market open.
00:15
Speaker A
Analysts expecting revenue there of about $880 million for the quarter.
00:21
Speaker A
What else we're watching tomorrow as far as Moderna goes is investors will be watching for demand for its vaccines during the fall season along with sales of its flu and RS RSV vaccines.
00:30
Speaker A
Also in focus here are Moderna's efforts to cut costs and its progress delivering cancer treatments as the company looks to expand beyond just COVID.
00:36
Speaker A
Something else we're watching as well is Humana. They're also reporting third quarter results. Analysts there are expecting revenue of about $40 billion.
00:44
Speaker A
It's also expecting a loss of just over $1 per share. Now, a big question is whether rising medical costs are continuing to pressure profits.
00:52
Speaker A
That's something else we're watching. And finally, you may not remember, we are actually getting the October jobs report on Friday morning before market open.
01:00
Speaker A
It comes out around 8:30 a.m. Eastern. Economists there are forecasting the US economy to add about 65,000 jobs.
01:05
Speaker A
That's up from 29,000 added in September. Of course, we might get some revisions there as well. That's something to watch, but average hourly earnings are expected to rise three tenths of a percent up from 1/10th of a percent.
01:14
Speaker A
While unemployment is expected to hold steady on a month-over month basis at 4.2%.
01:20
Speaker A
And finally, tune in Friday, November 6th for an episode of Yahoo Finance's built different with Ian Schwartzman. Ian is sitting down with the Joe Budden podcast host, Joe Budden, and you don't want to miss it.
