Tesla Upgraded

As already mentioned, investors were on the lookout for a September inflation report today, and an annualized rate of 3.1%. The good news is that the news has arrived, and it’s a better than expected 3% inflation rate for September, up just 0.3% for the month instead of the expected 0.4%.

Core inflation likewise came in at 3% annualized, up 0.2% for the month. Food and energy prices gained faster than the rest of the economy, but not enough to match higher forecast inflation.

The Voo is still up 0.8%.

Graphite manufacturing company GrafTech International (NYSE: EAF) just reported miserable earnings for its fiscal Q3 2025. The company was expected to lose money, but only 12 cents per share. Actual losses were $1.03 per share, much worse than expected, despite revenue of $144 million being better than expected.

Shares are down 4.1%, while the Voo gains 0.8%.