Nasdaq futures rose 1.1% before Monday's open, Dow futures gained 0.1%, and S&P 500 and Russell 2000 futures rose 0.5%, rebounding from the worst week for the Nasdaq and S&P 500 since early June amid concerns over AI spending and valuations. On Stocktwits, retail sentiment on SPY turned 'bearish' and QQQ moderated to 'neutral'. Nvidia is reportedly asking Samsung, SK Hynix and Micron to use TSMC's 3-nanometer process for the base die of its next-generation HBM chips. Tesla (TSLA) won a procedural ruling in a false-advertising lawsuit, while investor Gary Black sees SpaceX buying Tesla at $420/share. AST SpaceMobile (ASTS) drew interest after falling to $40, when Boost Mobile founder Peter Adderton said he was willing to buy the stock.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/16/2026 | 354.67 |
| Change that session | -2.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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