MSCI's All-World index was heading for its biggest daily drop in two weeks, down 0.4%, as tech shares fell across Asia and Europe. Meta beat revenue expectations for the third quarter, but its plan to issue non-voting stock revived worries about its growing capital commitments, and a New Mexico judge ordered it to pay a US$25 billion penalty in a data privacy case. Brent crude rose 3% to US$112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised fears of wider Middle East conflict. Flows into government bonds pushed the 10-year US Treasury yield down to 5.075%, below France's for the first time in 13 years, while gold fell 1.2% to US$4,090 an ounce and bitcoin and ether each lost 3%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on freemalaysiatoday.com ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/21/2026 | 334.67 |
| Change that session | -1.65% |
MSFT
▼ Likely negativeMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/21/2026 | 532.81 |
| Change that session | +0.18% |
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- US Equity Investors to Monitor Meta Platform, Tesla's Earnings While Watching Treasury Yields Alongside Crude Oil This Week
- October 22nd Morning Report - sharechat . co . nz
US stocks closed higher on Wednesday after quarterly results from SpaceX and Super Micro Computer boosted appetite for AI-related shares, while Netflix slipped after its forecast disappointed investors. The Dow Jones rose 0.65%, the S&P 500 gained 0.62% and the Nasdaq Composite added 1.09%. European indices also closed higher, with the FTSE100 up 0.19%, the DAX up 1.35%, the CAC 40 up 1.06% and the STOXX up 1.40%. In Asia, the Nikkei 225 rose 0.85%, while the HSI fell 0.90% and the Shanghai Composite fell 1.59%. The US 10-year yield stood at 5.123%, oil rose 0.44% to $97.58 per barrel, and gold was at US$4150.15 per ounce.
- Nasdaq Jumps Past 1 Percent as VIX Swings While Dow Dips Below Its 50 - Day Line
Big tech drove a sharp late-session rebound, with the Nasdaq Composite up 1.11% and the S&P 500 up 0.66%, while the Dow Jones Industrial Average slipped 0.07% and the Russell 2000 added 0.25%. The VIX fell 1.55 points to 18.44, even as the Nasdaq-100 volatility gauge jumped 4.24 points. The S&P 500 closed at 7,709.63, the Nasdaq Composite at 26,430.89 below its 26,614.23 resistance cluster, and the Dow at 51,966.03 just under its 50-day EMA. WTI crude closed at $98.41 a barrel and gold at $4,157.80 an ounce, while the 10-year Treasury yield rose to 5.14%. The report also covers Lockheed Martin, F.N.B. Corporation, Haemonetics, Zions Bancorporation and Crown Holdings, including F.N.B.'s record $376.5 million in third-quarter net interest income.
- Nasdaq Jumps Past 1 Percent as VIX Swings While Dow Dips Below Its 50 - Day Line
A Stock Preachers market wrap reports the Nasdaq Composite rose 1.11% and the S&P 500 gained 0.66% as big tech drove a late rebound, while the Dow Jones Industrial Average slipped 0.07% to settle just under its 50-day EMA near 52,010. The VIX fell 1.55 points to 18.44 even as the Nasdaq-100 volatility gauge jumped 4.24 points. WTI crude closed at $98.41 per barrel, the 10-year Treasury yield rose to 5.14%, and gold slipped 0.56% to $4,157.80 per ounce. The report also covers company news: Lockheed Martin delivered a C-130J-30 to the U.S. Navy, F.N.B. Corporation reported third quarter 2026 net income of $152.9 million ($0.43 per diluted share), and Haemonetics received FDA approval for its PerQseal Elite closure system.
- Asian stocks skid , Wall Street and bonds aided by oil slip
Asian shares fell Monday as worries about AI's enormous funding needs weighed ahead of a busy earnings week, while the euro eased amid political unrest in France. Oil dropped after President Trump's decision to waive some Russia sanctions, though a final decision has not been made, which helped bonds and US stock futures; Brent fell 1.6% to $108.06 a barrel and US crude 0.7% to $100.70. The 10-year Treasury yield fell 3 basis points to 5.0645% after its largest weekly drop in over eight months. Japan's Nikkei dropped 2.0% and South Korea 1.6%, after heavy losses last week, while the PHLX Semiconductor Index shed 11.4%, its longest losing streak since 2008. Major earnings from Meta, Tesla, Lam Research and others are due this week, and five AI hyperscalers are expected to lift capital spending to about $1.2 trillion next year, according to Goldman Sachs; gold rose 0.4% to $4,181 an ounce.
- The All-In Hosts Asked If the AI Trade Is Cracking. Here’s What Income Investors Should Do
The All-In hosts asked whether the AI trade is breaking as CoreWeave’s stock sold off, with its bonds marked down to 80%. CoreWeave borrows heavily to expand its GPU capacity: second-quarter revenue rose 112.3% to $2.575 billion, but free cash flow was -$5.74 billion and interest expense climbed to $640 million from $267 million a year earlier. Its 2032 bonds yielded 15% versus 5.09% for the 10-year Treasury, while the bulls argue demand remains massive and operating cash flow turned positive at $679 million. The article also points to Procter & Gamble and ADP as income-investor examples, both with yields below the 5.09% Treasury.
Related markets
Latest news
- Elon Musk says Tesla's Optimus robot needs to learn like a toddler
Elon Musk said on Tesla’s earnings call that Optimus humanoid robots must learn through self-play at scale, since Tesla lacks the vast car fleet that supplies training data, likening this to how a toddler learns to navigate the world by playing. Tesla cut its 2026 capex outlook to about $20 billion from $25 billion as it prioritizes usable humanoids. Optimus V3 production began at Fremont in the summer after Model S and Model X output ended there, with about 1,000 Gen 3 units already operating on the production floor. William Blair analyst Jed Dorsheimer said Musk pushed the timeline for a 1 million-unit weekly run-rate to over a year, with first applications in dangerous industrial settings by the end of 2027.
- Meta's new stock sale sends one signal: AI demand isn't slowing down
Brian Sozzi of Yahoo Finance sees Meta's new non-voting share class as a positive signal. CFO Susan Li said the class can be used for capital raising, employee pay and acquisitions while preserving the voting power of existing Class A and B shareholders. Sozzi expects Zuckerberg to remain CEO for at least 15 more years, and says raising capital through stock may be cheaper than borrowing, since debt costs could rise for borrowers such as CoreWeave. He also reads the sale as a sign that AI demand is not slowing, pointing to better ad placement and monetization that helped the quarter's results.
- Elon Musk: SpaceX Revenue Could Hit “Somewhere Between $500 Billion and a Trillion” by 2027
On the earnings call, Elon Musk said SpaceX’s annual recurring revenue could reach between $500 billion and a trillion by the end of 2027, a goal that requires building compute faster than almost any company has tried. SpaceX posted its first quarterly profit of $4.4 billion in the latest quarter, versus a $1.1 billion loss a year earlier, with revenue up more than 160% to $14.6 billion; capex of $19.6 billion could reach $40 billion next quarter. Management says new compute installations pay back in under a year if prices hold, but the target of 13 GW by end-2027, up from 1.7 GW, depends on power, cooling, and NVIDIA’s Vera Rubin systems arriving on time. Shares rose 7.79% to $159.31, and a Tesla combination would need approval from 50% of Tesla’s outstanding shares, a hard bar given many holders never vote.
- Goldman Sachs Group vs. JPMorgan Chase: Which Financial Stock Is a Better Buy in 2026?
The article compares Goldman Sachs Group, which focuses on investment banking and institutional wealth management, with JPMorgan Chase, a diversified bank with a large retail and commercial network. For FY 2025, Goldman reported revenue of about $125.1 billion, down roughly 1.4%, and net income of about $17.2 billion, while JPMorgan reported revenue of nearly $279.7 billion, up about 3.3%, and net income of close to $57.0 billion. On profitability, the article gives JPMorgan the edge, with an average operating margin of 29.9% since 2022 versus 19.5% for Goldman. It notes Goldman appears more value-oriented based on forward P/E and P/S ratios, although JPMorgan has traditionally been the cheaper stock on P/E.
- Why Rivian's R2 Could Be Worth Far More Than Its Sales Numbers Suggest
Rivian's production and deliveries in the third quarter point to a strong quarter ahead of its Oct. 29 earnings report. The Normal, Illinois, plant produced 19,751 vehicles, up 84.2% year over year, and delivered 19,248, up 45.8%, driven by the launch of the midsize R2, priced from $45,000 for the single-motor standard model. The article says the R2 competes with the Model Y, Ioniq 5, EV6 and Mustang Mach-E, and analysts project more than 20,000 R2 deliveries in its initial rollout. Rivian reported second-quarter revenue of $1.66 billion, up 27%, with an 11% gross margin, and reiterated 2026 delivery guidance of 65,000 to 70,000 vehicles. Software and services, including technology licensing to its Volkswagen joint venture and subscriptions like Connect+ and Autonomy+, make up nearly 30% of total revenue at a gross margin above 35%.
- Lockheed Martin Rises 9% as Record Backlog Lifts Outlook; RTX Gains 2%, Northrop Grumman Advances 3%
Lockheed Martin shares rose 9% to $602.75 on Thursday after third-quarter results beat estimates and the company raised its 2026 outlook, supported by a record backlog of $292 billion. Sales reached $20.7 billion, up 11%, with earnings of $7.97 per share and free cash flow of $3.0 billion, while Missiles and Fire Control revenue jumped 24% on higher PAC-3 and THAAD production. The backlog includes roughly $52.5 billion tied to a multi-year PAC-3 interceptor award, and a 10-year framework with the U.S. Department of War covers 850 F-35 aircraft, though it is not yet a finalized contract. RTX rose 2% to $195.54 and Northrop Grumman gained 3% to $553.29, while the aerospace and defense ETF edged up 0.21% as the S&P 500 ETF fell 0.82%. The article notes that the sector's gains reflected broader interest rather than company-specific news from peers, and that defense stocks remain sensitive to budget cycles and contract timing.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.