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CSX Survives Earnings Collapse
And, Interactive Brokers can't win.
Today is Friday, October 17, 2025.
The Early Bird Index today is 83.61.
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CSX Survives Earnings Collapse
Rail transportation company CSX $CSX ( ▼ 0.69% ) jumped 2.25% in after-hours trading on Thursday after posting good financial results.
Financials: CSX reported earnings of 44 cents per share in the past quarter and revenue of $3.59 billion. Both were better than expected.
Details: Earnings fell from 46 cents per share in the same quarter last year. Revenue dropped 1% year-over-year due to lower export coal prices and a drop in merchandise volume.
Powering the Story: Investors were encouraged by intermodal volume growth and the company’s resilience to post better-than-expected financials in the face of a tough environment.
Early Bird’s Nest Egg Gains: Several factors make investors optimistic about CSX’s outlook and stock performance.
The appointment of new CEO Steve Angel has attracted positive attention. Investors expect operational discipline and potential strategic initiatives under his leadership.
Market observers see CSX as potentially well-positioned for future partnerships and efficiency-driven gains.
Final Thoughts: CSX is up over 10% in the last 30 days.
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Notables
Notable Earnings Today: American Express (NYSE: AXP), Ally Financial (NYSE: ALLY), SLB (NYSE: SLB), State Street (NYSE: STT), Fifth Third (Nasdaq: FITB), Regions Financial (NYSE: RF), Truist Financial (NYSE: TFC), Huntington Bancshares (Nasdaq: HBAN), Comerica (NYSE: CMA), Autoliv (NYSE: ALV).
Notable IPOs Today: Acco Group Holdings Limited Ordinary Shares (Nasdaq: ACCL), M3-Brigade Acquisition VI Corp. Class A Ordinary Shares (Nasdaq: MBVI).
Notable Equity Crowdfunding Campaigns Ending Today: Playper (Wefunder), Siren Biotechnology (Wefunder).
Notable Economic Events Today: Business Inventories (10:00 a.m. ET), Retail Inventories Excluding Auto (10:00 a.m. ET).
Interactive Brokers Can't Win
Despite posting better-than-expected financial earnings results on Thursday, Interactive Brokers Group $IBKR ( ▼ 1.79% ) fell 2.74% in after-hours trading.
Financials: Interactive Brokers reported earnings of 57 cents per share in the past quarter and revenue of $1.65 billion. Both were better than expected.
Powering the Story: There was trouble in between those numbers. Futures decreased 7% and other fees and services fell 8%.
Also: Investors might be concerned about how lower interest rates could reduce some of the net interest income for the company.
Final Thoughts: The stock was up 50% this year.
Solana Falls Amid Transaction Decline
Most cryptocurrency prices fell on Thursday. In particular, Solana $SOL.X ( ▼ 10.62% ) performed worse than most major cryptos with a decline of about 4%.
Details: A big factor behind Solana’s price decline is that Solana’s daily transaction volume has fallen by 50% in recent weeks, according to CoinCentral.
Final Thoughts: In the past week, Solana has been down about 16%. Most altcoins have underperformed in October so far.
Trends to Watch
Bitcoin Decline: Bitcoin Tumbles Below $109K; Tightening Liquidity Key to Crypto's Struggles (CoinDesk)
Tariff Rescue: US Nears Tariff Relief for Auto Industry After Lobbying Push (Bloomberg)
Shutdown Pain: United Airlines CEO warns an extended shutdown will hurt bookings (CNBC)
Fear: Jerome Powell may have just given stock investors a new reason to be worried (MarketWatch)
Golden Times: Gold Climbs Amid Safe-Haven Demand (Wall Street Journal)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.