MarketAlleys
Sign in
NewsAutomated report · methodology

Apple earnings put new CEO John Ternus in focus

CNBC reported Nov 2 that MacKenzie Sigalos joined Squawk on the Street to talk about Apple’s earnings and its new chief executive, John Ternus.

Developing storyApple earnings put new CEO John Ternus in focus2 reports · latest 22 min agoTimeline →

MarketAlleys Research Desk

Published · 3 min read

X (opens in a new tab)LinkedIn (opens in a new tab)Facebook (opens in a new tab)
Illustration for: Apple earnings put new CEO John Ternus in focus
Illustration (AI-generated) — not a photograph of the events described.

What happened

CNBC reported Nov 2, 11:41 UTC a segment titled "What to watch in Apple's earnings results as new CEO John Ternus faces first Wall Street test." The piece noted Apple's earnings and the company's new chief executive as the focal points.

CNBC's summary said MacKenzie Sigalos joined Squawk on the Street to discuss Apple's earnings, the company's new CEO, and more.

Stocks market context

As of Nov 2, 17:31 UTC the SPY ETF rose 0.40% from the prior close to $758.74 and the QQQ ETF rose 0.19% from the prior close to $691.79; Apple fell 2.19% from the prior close to $337.09, Microsoft fell 0.42% from the prior close to $519.74, and Amazon rose 4.25% from the prior close to $250.57, according to Finnhub.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $758.74 +0.40% vs prior close Nov 2, 17:31 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $691.79 +0.19% vs prior close Nov 2, 17:31 UTC Finnhub
NVIDIA $206.45 +0.88% vs prior close Nov 2, 17:31 UTC Finnhub
Apple $337.09 -2.19% vs prior close Nov 2, 17:31 UTC Finnhub
Microsoft $519.74 -0.42% vs prior close Nov 2, 17:31 UTC Finnhub
Amazon $250.57 +4.25% vs prior close Nov 2, 17:31 UTC Finnhub
Alphabet $282.43 +0.93% vs prior close Nov 2, 17:31 UTC Finnhub
Meta Platforms $610.23 -0.77% vs prior close Nov 2, 17:31 UTC Finnhub
Tesla $409.13 +2.33% vs prior close Nov 2, 17:31 UTC Finnhub
JPMorgan Chase $341.77 +1.40% vs prior close Nov 2, 17:31 UTC Finnhub

Yahoo published "Apple's new CEO faces earnings test as rising chip costs cloud outlook," saying investors want clarity on Christmas sales, rising memory costs and Apple's AI plans. Yahoo also ran "Apple Earnings Put New CEO John Ternus in Focus," noting investors are watching holiday guidance, AI strategy and rising memory costs. Yahoo published "New Apple boss John Ternus faces investors for first time amid iPhone Duo scrutiny," mentioning a ‘Crackgate’ issue with a new foldable iPhone.

What to watch

Apple's Q4 2026 earnings are scheduled Mon Nov 2 (after the close) and carry an EPS estimate of 2.03; the report is scheduled to arrive after the market close.

  • Mon Nov 2 (after the close) — AAPL Q4 2026 earnings · EPS estimate 2.03
  • Tue Nov 3 (before the open) — MPC Q3 2026 earnings · EPS estimate 24.72
  • Wed Nov 4 (time not confirmed) — PAYP Q2 2026 earnings · EPS estimate 26.16
  • Wed Nov 4 (before the open) — CVS Q3 2026 earnings · EPS estimate 1.67
  • Wed Nov 4 (before the open) — COR Q4 2026 earnings · EPS estimate 4.63
  • Wed Nov 4 (after the close) — MCK Q2 2027 earnings · EPS estimate 10.81

Sources and data

  • CNBC (secondary source) — What to watch in Apple's earnings results as new CEO John Ternus faces first Wall Street test
  • Yahoo (secondary source) — Apple's new CEO faces earnings test as rising chip costs cloud outlook
  • Finnhub (market data) — market data

Market data as of Nov 2, 17:31 UTC; report generated Nov 2, 17:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

  • Price-to-earnings ratio (P/E)

    Share price divided by earnings per share.

    Full definitionLearn more in Index Insight

  • Exchange-traded fund (ETF)

    A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.

    Full definitionLearn more in Crypto Canvas

  • S&P 500

    A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.

    Full definitionLearn more in Index Insight

  • Guidance

    A company's own forecast for future revenue, profit or other metrics.

    Full definitionLearn more in Stock Surge

  • Nonfarm payrolls (NFP)

    The monthly change in the number of US workers on payrolls, excluding farm workers and a few other groups, published by the Bureau of Labor Statistics in the Employment Situation report — usually on the first Friday of the month alongside the unemployment rate and wage growth.

    Full definition

Sources & data

  1. CNBC (secondary, retrieved Nov 2, 2026, 05:42 PM UTC)
  2. Yahoo (secondary, retrieved Nov 2, 2026, 05:42 PM UTC)
  3. Finnhub (market-data, retrieved Nov 2, 2026, 05:42 PM UTC)

Market data as of Nov 2, 2026, 05:31 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

Was this useful?

Report an issue with this article

Reports go to our editors. See our corrections policy.

Get the Daily Brief

What moved, why, and what matters next — every morning.

Or follow us on Telegram and X for every new story.

Politics & Macro

USO ETF leads losses as GLD ETF rises

As of Nov 2, 18:45 UTC the USO ETF fell 6.66% while the GLD ETF rose 1.87%; the SPY ETF and UUP ETF moved modestly from the prior close.

MarketAlleys Research Desk · · 3 min read

indices

SPY ETF at $758.43; five-session change -0.56%

The SPY ETF was $758.43 as of Nov 2, 18:29 UTC, rose 0.36% from the prior close and is down -0.56% over five sessions, according to Finnhub.

MarketAlleys Research Desk · · 4 min read

commodities

CNBC: Tech sell-off highlights opportunities in defensives, energy and metals

CNBC reported on Nov 1, 22:43 UTC that K2 Asset Management’s George Boubouras said last Friday’s tech sell-off "isn't panic" and that defensives, energy and metals could offer potential hedges while Apple’s earnings are key to gauging demand.

MarketAlleys Research Desk · · 3 min read