Dow Jones Futures Rise, AI Stocks Jump On SpaceX, Supermicro; Tesla, Meta On Deck

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• Dow Jones Futures: AI Stocks Jump On SpaceX, Supermicro; Tesla, Meta On DeckYahoo Finance·20/10, 23:08▲ NVDA▲ META• TSLA
• Dow Jones Futures: Indexes At Key Levels; SpaceX Earnings Strong With Tesla, Meta DueYahoo Finance·20/10, 21:08• META• TSLA• SPY
• META Earnings & 2 Other AI-Related Reports to Watch This Week

  Several AI-linked companies report this week, led by Meta Platforms (META) and its Q3 earnings. Investors are focused on advertising, where consensus revenue is $61.9 billion, up 23.5% year over year; in the latest quarter, ad impressions rose 14% and average price per ad rose 12%, and Meta has beaten advertising expectations in each of the last five periods. Attention also centers on Muse, the personal AI agent launched in September, which has reportedly more than two million daily users, and on META's 2026 capital expenditure guidance of $130-$145 billion. EPS expectations have trended down, with earnings seen falling about 19%. Bloom Energy (BE) and Western Digital (WDC) also report this week.

  Yahoo Finance·20/10, 19:23• METAMETAearningsAI investment
• Meta Q3 earnings to test Wall Street's stomach for AI spending

  Meta is set to report third-quarter results after the bell on Wednesday, kicking off Big Tech's earnings season. Bloomberg analyst consensus expects EPS of $3.56 on revenue of $63.3 billion, versus $1.05 and $51.2 billion a year earlier, while capital expenditures are projected to rise 117% to $41 billion. Reality Labs is expected to post a $5.2 billion operating loss. The results come as investors weigh AI spending, including CoreWeave's (CRWV) debt load, and Meta stock is down more than 3% over the past year. Meanwhile, its Muse AI agent reached 10 million downloads 40 days after its US launch, faster than ChatGPT and Claude, and BofA says Meta has the least risk of AI disruption to its core business.

  Yahoo Finance·20/10, 18:41• METAMETAearningsAI investment
• Ten Million Downloads in Six Weeks: The Fight for the AI Agent in Your Pocket Has Started

  A new personal AI agent launched on September 8 has been downloaded 10.9 million times in six weeks, according to Sensor Tower data, with more than 10.2 million downloads in the U.S. Its daily active users reached about 2.5 million for the first time on October 16, up 15% week over week, and Sensor Tower says only 11 other apps have hit 10 million U.S. downloads within 40 days. Over the past 30 days, U.S. downloads of a leading chatbot app fell 25%. A Deutsche Bank analyst projected the product could account for up to 8% of its parent company's revenue by 2030, roughly $36 billion, with a low-end estimate of $2.4 billion. The article notes that Meta, Yelp, Snap, SoundHound and Nextdoor are also building their own AI agents.

  Yahoo Finance·20/10, 18:31▲ METAMETAartificial intelligencetech stocks
• Meta Stocks Slides as Earnings Loom. Is Muse Losing Its Shine Already?Yahoo Finance·20/10, 17:10▼ METAMETAearningsartificial intelligence

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• Capital One's strong quarter and progressing Discover integration are rewarded on Wall Street

  Capital One Financial posted better-than-expected third-quarter results, with revenue up 6.4% year over year to $16.34 billion against a $16.27 billion consensus, and adjusted EPS up 12% to $6.69 versus an estimated $5.50. Net interest income rose about 4% quarter over quarter, beating estimates by $134 million, while net discount and interchange fees climbed 3.5% to $2.34 billion, which the article links to the company's ownership of the Discover network. Non-interest expense of $8.86 billion was above the $8.75 billion consensus, though marketing spending of $1.59 billion came in below forecasts. Provisions for credit losses of $2.9 billion were well below the roughly $3.6 billion expected, and a $225 million allowance release boosted earnings. CEO Richard Fairbank said Discover integration has delivered about $1.8 billion of annualized synergies so far and expects lost interchange revenue if the proposed Visa and Mastercard settlement receives final court approval, roughly offsetting the remaining synergies; shares rose about 4% after hours to $210.

  CNBC·20/10, 23:34▲ JPM
• Why is France's crisis becoming harder to resolve?

  French Defence Minister Sébastien Lecornu described the situation as 'a mess' after riots spread across major cities over the weekend, and Interior Minister Laurent Nuñez resigned after police failed to control the unrest. About 2,400 arrests were made in this wave of violence, following weeks of student protests over deteriorating schools and poor job prospects, with more than 6,000 people arrested earlier and over 100 schools damaged. Parties are trading blame ahead of next spring's presidential election, where far-right candidate Marine Le Pen leads polls, while analysts say political fragmentation has paralysed parliament and no prime minister has been able to pass a budget. An Ipsos-BVA survey found 98% of respondents dissatisfied with the country's situation, as the economy stagnates.

  CafeF·20/10, 23:31▼ EUR/USD
• 2 Stocks to Buy From the 5 That Make Up Roughly 61.5% of Berkshire Hathaway's Portfolio

  The article notes that Berkshire Hathaway's roughly $365 billion stock portfolio is highly concentrated, with five holdings making up about 61.5%: Apple (21.5%), American Express (13%), Coca-Cola (10.3%), Alphabet (9.9%) and Bank of America (6.8%). Berkshire has held American Express and Coca-Cola since its initial purchases in the 1980s and 1990s, and has trimmed Bank of America in recent quarters, while Alphabet is its newest large position. The author names Apple and Coca-Cola as the two top picks in this group, citing Apple's buybacks of over $850 billion since 2013 and its limited AI infrastructure spending, and Coca-Cola's long record of dividend growth and a stock up nearly 35% this year.

  Yahoo Finance·20/10, 23:25
• OpenAI Is Reportedly Raising $30 Billion. Which Chip Stock Gains the Most?

  OpenAI is reportedly seeking about $30 billion in a funding round that could value it at over $1.4 trillion, according to Reuters on Oct. 19, up from an $852 billion valuation in March, with talks still ongoing. The article argues the cash matters for roughly 26 gigawatts of computing capacity OpenAI has planned with Nvidia, AMD and Broadcom, while OpenAI is reportedly pitching around $50 billion in annualized revenue. Nvidia reported $96.2 billion in revenue for the fiscal 2027 second quarter, up 106%, and agreed in August to guarantee up to $105 billion of obligations at an Ohio data center campus. AMD's deal covers 6 gigawatts and its data center sales rose 107% to $6.7 billion in the second quarter, while Broadcom's 10-gigawatt deal depends on financing the author calls less settled. The author suggests Broadcom could gain the most if the round closes.

  Yahoo Finance·20/10, 23:13▲ NVDA
• Why MSCI Stock Soared Today

  MSCI shares rose about 5% after the company reported stronger-than-expected third-quarter results. Revenue reached $892 million, up 12% year over year and above the consensus estimate of just under $888 million. Non-GAAP net income climbed 8% to $369 million, and adjusted EPS rose 14% to $5.11, beating the $5.02 analysts had modeled. Management credited net-new sales across several business categories, higher asset-based fees and strength in Asia-Pacific. MSCI largely kept its 2026 guidance, raising only its interest expense forecast to $288–291 million from $282–286 million, and it gives no revenue or profit guidance.

  Yahoo Finance·20/10, 23:10
• 'Time Bomb' in Southeast Asia's Only Trillion-Dollar Economy: Stocks Plunge, Investors Flee, Unemployed Youth Turn to Motorbike Taxis, Former Minister Warns Economy Nears Brink

  In Southeast Asia's only trillion-dollar economy, a 28-year-old IT graduate now works as a motorbike ride-hailing driver earning about $220 a month, while the middle class has shrunk roughly 19% from its peak and youth unemployment sits near 17%. After MSCI warned it could drop the market from its reference indexes, Indonesian stocks fell more than 11% on October 16, their steepest one-day drop since the 1998 Asian financial crisis, and slid nearly 4% more on October 19. High oil prices, rising U.S. interest rates and costly subsidies, such as free meals for over 80 million students at an estimated $30 billion a year, are adding pressure on the rupiah and the budget. Ferry Latuhihin, former chief economist at International Indonesia Bank, calls the situation a 'time bomb', while former trade minister Thomas Lembong warns the country is getting ever closer to the brink. Phillip Wool of Rayliant says the risk is concentrated in Indonesia.

  CafeF·20/10, 23:04▼ VNINDEX