Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.

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Good morning. Today is Friday, June 3rd, and I'm your host Julie Morgan.

Our top stories, Tesla, New York State and Oil and Gas.

But first let's take a look at market futures.

Dow, S&P and NASDAQ futures are down.

The Dow down 67 points, the S&P down 14 points, and the NASDAQ down 80 points.

We'll take another look at futures as well as the world

markets crude oil and commodities in a few minutes. In the earning spotlight today

BRP Inc.

Octa is on our day watch.

Thursday here on Wall Street breakfast,

we told you Octa was in the earning spotlight.

The Access Security Software Company posted Q1 results that topped expectations and raised guidance

for the next quarter and the rest of the year, citing strong demand.

On an adjusted basis, ACTA lost 27 cents per share and generated $414.9 million in revenue.

This is compared to estimates of a loss of 33 cents per share and $.9 million dollars in sales. The company also said

remaining performance obligations grew 43% year over year to 2.7 billion

with current remaining performance obligations. year over year to $2.7 billion,

with current remaining performance obligations

growing 57% year over year to $1.4 billion.

Now our top stories. Tesla looks to be making cuts.

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