 Welcome folks, this is Jacob Schup filling in for Tom O'Brien today. He will be back tomorrow Let's take a look at everything. We are up modestly today. Yes trading about point six four percent Russell futures trading about point six nine percent and cube out point seven six ym trading at point six 8% as well the gold contracts staying pretty solid here at 1984 We had that big run-up last week and earlier this month. It was pretty fantastic from gold silver at 23 10 Copper futures at 363 this metal has been having a hard time recently And we'll talk just a little bit about that. I do think on the long term. We'll see some movement in it But as it stands now currently, I think in the short term and really in the next few years It's still gonna be kind of a struggling Metal here We have a light swede crude futures trading at about 83 64 down about 2.16 percent today everything that's going on in Gaza and Israel is Putting people kind of on edge with that Then of course, we have the brand crude They can load up trading about down 2% today Let's take a look here Tesla. We'll talk a little bit about them. They had a big sell-off last week From to about 65 all the way down to just just above 200 and we're trading at 2 15 right now steel dynamics Reaching that kind of support zone at 101 81. We have the dollar and 106 27 That's staying pretty constant in that 106 area as well hoping for a breakdown below the 105 to 104 But we're not getting that So, you know on a long term that's something to keep in mind if you're in the market in general especially with gold as well QQQ trading at 358 Google at 139 Meta at 312. So Meta is actually Being sued by a few US states. Let me see if I can pull up this Story real quick essentially some of the US states are accusing Meta of of basically designing an algorithm that is very addictive in Nature is designed to they're not doing a good enough job of keeping children off of the platform and This is causing depression anxiety and insomnia in children and You know, I will say too. I wasn't on In I don't really use social media, but I did recently create an Instagram account just so I could save some pictures on there That I wanted to keep For the long term and just keep up with some of my friends that don't live in the state I've been on in two years and getting back on there. I mean, there's plenty of Accounts on there that obviously look like they are Owned by children and the content that they're consuming and what they're saying is insane I mean being like, you know 15 some of this stuff I'd never even considered and there seems like there really is you can look on TikTok as well because a lot of young folk are on There as well And the mental illness is is rampant on that. So it's pretty intense This dozens of US states are suing Meta platforms. Let me pull it up here And it's Instagram unit accusing them of contributing to a youth mental health crisis through the addictive nature of Their social media platforms and a complaint filed in Oakland California on Tuesday 33 states including California and Illinois so that meta Which operates Facebook has misled the public about substantial dangers of its platform and knowingly induced young children and teenagers into addictive and compulsive social media use It's pretty intense guys. I mean there is even I was talking with someone they're asking about a tick tock Tiger Financial News Network is on tick tock. However, if you guys want to check that out We also have our shorts on YouTube, but that's about where I'm going to interface with tick tock personally But there were kids developing like Tourette's ticks from it And what I mean is they were it's called Tourette's talk, right? And it's just individuals who suffer from this they're you know talking about kind of the nature of the disease and It saw a lot of young folks starting to emulate them, right? I don't think we're fully aware of the psychology of a young folk at this point and that's gonna change I think in the next coming years, especially since we're so interconnected with social media and so much You know content that Prior wasn't really in the you know public discourse is now being put on there And I think we're seeing a big effect with that you know as To how this is really going to impact meta There's always Government kind of looks into these guys. There's obviously a lot of citizens who form groups that talk about this Nothing ever really changes. I've spoken about it a little bit before a kind of sketchy territory we get into When we have some of these older folks in Congress who you know just aren't familiar with how tech works, right? And they ask these questions which are then kind of translated in media as like ignorant questions But in reality a lot of them are actually pretty valid But the problem is is the congressman don't really know how to respond to some of the answers From some of these executives. This causes a major issue. So I don't see any legislature being passed, of course naturally Parents should be more in control about what kids look at so on and so forth But this is a financial channel and so we'll get off this topic now But I just wanted to bring that to everyone's attention that now we have 33 states are suing meta We'll take a look. We have a lot of earnings Tomorrow here. We have Microsoft. We have alphabet HSBC visa and Coca-Cola you take a look at Coca-Cola They have done Looks like they're gonna do really well. It can be just one second KO that's what it is So they're up about three point eighteen today It's raised their full year revenue forecast Tuesday after a stronger than expected in the third quarter Now we expect since organic revenue will be up about 10% to 11% for the year That's up eight. Excuse me. That's up from 8% to 9% guidance co-counts at the end of the second quarter They expect earnings adjusted for currency variations will grow about 13 to 14 percent Which is pretty stellar for them shares obviously rose about three percent You've had like a pretty stark decline starting in july Instead of global case volumes rose two percent for july september period coffee sales saw the strongest growth as demand grew in The united kingdom and china coca-cola zero sugar sales were up three percent Ungrowing demand in latin america and north america, of course latin america also suffers from extreme obesity crises Just like the u.s. I think mexico is now a most overweight Country in the world and so we're gonna see a big movement towards Diet kind of drinks like that folks stay tuned. We'll be right back We're gonna have basal Chapman on which is always great He's gonna give us a little guidance of what's going on in the market folks. Stay tuned Currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe Which is why it's a great time to try out teddy keg stats tiger forex report teddy keg staff