News · Yahoo Finance

Nasdaq Futures Rise Premarket As SpaceX AI Boom Lifts Chip Stocks: SMCI, TSLA, META, IBM, CRWV, NFLX, BE In Focus

U.S. stock futures were mixed before the open on Wednesday, with Nasdaq futures up 0.7% and S&P 500 futures up 0.2%, after a prior-session recovery led by SpaceX’s earnings and Super Micro’s raised outlook. Brent crude rose above $110 per barrel as reports said Iran’s Revolutionary Guards had blocked tankers in the Strait of Hormuz, and the U.S. acknowledged a peace deal remains “difficult.” SpaceX shares jumped 9% premarket after its first quarterly profit since going public in June, while Super Micro rose 16% after lifting its preliminary Q1 revenue guidance to $18.5 billion-$19.5 billion. Netflix fell 6% after cutting its full-year free cash flow and advertising revenue guidance, despite a Q3 profit beat. Tesla rose 3% ahead of its earnings report due after the close.

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Related tickers and likely impact

QQQ

▲ Likely positive

Invesco QQQ Trust

Relevance: medium

MarketUS stocks
SectorETF
Close on 10/20/2026717.52
Change that session-0.12%
QQQ price, forecasts and signals →

SPY

▲ Likely positive

SPDR S&P 500 ETF

Relevance: medium

MarketUS stocks
SectorETF
Close on 10/20/2026769.01
Change that session+0.33%
SPY price, forecasts and signals →

TSLA

▲ Likely positive

Tesla, Inc.

Relevance: medium

MarketUS stocks
SectorConsumer Discretionary
IndustryAutomobile Manufacturers
Market cap$1.4T
Close on 10/20/2026373.77
Change that session+1.55%
TSLA price, forecasts and signals →

META

▲ Likely positive

Meta Platforms

Relevance: low

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$1.9T
Close on 10/20/2026694.44
Change that session-1.56%
META price, forecasts and signals →

NVDA

▲ Likely positive

Nvidia

Relevance: low

MarketUS stocks
SectorInformation Technology
IndustrySemiconductors
Market cap$5.2T
Close on 10/20/2026216.48
Change that session-0.28%
NVDA price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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