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Original headline: Tesla, SpaceX, Meta, Lockheed Martin, Lam Research, Spotify, and More Stocks That Explain Today’s Market
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 697.52 |
| Change that session | +0.47% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.09 |
| Change that session | +0.53% |
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.47 |
| Change that session | +3.41% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Following SpaceX's strong rally after earnings, options trading in Meta and Tesla leaned bullish ahead of both companies' reports due Wednesday afternoon. For Meta, more than 30,000 calls traded at or above the ask versus under 17,000 puts, and the put/call ratio of open contracts is 0.5. Market-makers are pricing a 6.5% post-earnings move for Meta, below the 9% average of the past four quarters. Tesla's flows were bullish with less conviction, with a put/call ratio of 0.75 and call-buying premiums over $200 million versus $84 million for puts. Market-makers are pricing a 5.5% swing for Tesla, above its four-quarter median of 3.5%.
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US stock futures were mostly higher on Wednesday, with S&P 500 futures up 0.2% and Nasdaq 100 futures up 0.5%, as investors weighed the Middle East conflict, AI spending and upcoming earnings. Elon Musk said SpaceX and Tesla have formed committees to assess a possible combination, but the committees had not agreed on terms, and he said there was no guarantee a merger would happen. SpaceX reported third-quarter revenue of $14.6 billion, up more than 160% from a year earlier, and profit of $4.4 billion. Media reports citing Anthropic's disclosures tied to a possible IPO showed $16.3 billion in first-half revenue, with about 20% from two customers, and a net loss above $80 billion, largely due to an accounting adjustment. Tesla and Meta are scheduled to report quarterly results after the close.
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