What are today's top business/market headlines?

Here's a roundup of today's top business and market headlines (Thursday, October 22, 2026):

Markets & Earnings

•Wall Street futures are under pressure this morning, with US equity-index futures dropping along with Asian shares after mixed earnings from megacap companies cast doubt on the durability of this week's rebound in the artificial intelligence trade, with Nasdaq 100 futures slipping 0.7% and S&P 500 futures down 0.4% following Tesla and Meta results.

•Tesla's shares fell 3.3% in post-market trading after cutting its capital-spending forecast, while Meta Platforms rose 2.2% after hours as the company boosted its AI spending outlook.

•This follows a strong Wednesday session where the S&P 500 edged higher by 44.60 points, or 0.6%, to end at 7,757.17, as upbeat earnings from SpaceX and Super Micro Computer restored investors' optimism over AI demand.

•SpaceX stock gained more than 12% after a strong earnings report before correcting at the closing bell, with the rocket stock rallying 8% overall — also boosted by Elon Musk's remarks over merging SpaceX and Tesla.

•The rally spread across the space sector: Rocket Lab jumped 5.4%, Planet Labs soared over 2.3% and Intuitive Machines climbed about 3.5%, while Super Micro gained 9.5% after a strong quarterly outlook, boosting HPE and Dell, which rallied over 3.7% and 5.3% respectively.

Other Notable Corporate News

•Netflix shares sank after the company's Q3 earnings report, as its Q4 revenue forecast fell short of estimates.

•Chip stocks are rebounding today after an eight-session losing streak tied to AI-spending jitters.

•Reports indicate Elon Musk ordered a Starlink slowdown for Ukraine.

Global/Macro

•In India, the Sensex and Nifty are under pressure, with rising crude oil prices, escalating US-Iran tensions, persistent foreign institutional investor outflows, and weak global cues weighing on investor sentiment; crude oil has topped $110 (per Indian market trackers).

•UK inflation jumped to 3.5%, cementing rate hike expectations.

•The US 10-year Treasury yield sits around 5.123% as investors weigh Fed policy risks.

•Japan's September exports posted a much larger miss than expected, with growth slowing sharply.

Overall, the dominant theme is volatility in AI/tech stocks following a mixed batch of megacap earnings (Tesla's cautious capex guidance vs. Meta's bullish AI spending), alongside global cross-currents from rising oil prices, UK inflation, and elevated bond yields.

Citations (10)

1bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for October 22 - Bloomberg
Source excerpt: “# Stocks Slip After Mixed Megacap Results, Oil Rises: Markets Wrap October 21, 2026 at 10:13 PM UTC Updated on October 22, 2026 at 1:06 AM UTC US e...”
2bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for October 22 - Bloomberg
Source excerpt: “The automaker’s shares fell 3.3% in post-market trading after cutting its capital-spending forecast. Meta Platforms, however, rose 2.2% after hours as...”
3goodreturns.inNot yet classified
US Stock Market: Dow Jones, Nasdaq, S&P 500 Climb Almost 1% Driven By Space, Chip Stocks; Wall Street Outlook On Oct-22 - Goodreturns
Source excerpt: “S&P 500 also edged higher by 44.60 points or 0.6% to end at 7,757.17. The upbeat earnings of SpaceX and Super Micro Computer restored investors' opti...”
4goodreturns.inNot yet classified
US Stock Market: Dow Jones, Nasdaq, S&P 500 Climb Almost 1% Driven By Space, Chip Stocks; Wall Street Outlook On Oct-22 - Goodreturns
Source excerpt: “SpaceX stock gained by more than 12% after a strong earnings report before correcting at closing bell. This rocket stock rallied 8%. ”
5goodreturns.inNot yet classified
US Stock Market: Dow Jones, Nasdaq, S&P 500 Climb Almost 1% Driven By Space, Chip Stocks; Wall Street Outlook On Oct-22 - Goodreturns
Source excerpt: “{"datePublished":"2026-10-22T03:04:22+05:30","keywords":"Dow jones today,nasdaq today,us stock market today,sp 500 today,wall street today,ai stocks,s...”
6goodreturns.inNot yet classified
US Stock Market: Dow Jones, Nasdaq, S&P 500 Climb Almost 1% Driven By Space, Chip Stocks; Wall Street Outlook On Oct-22 - Goodreturns
Source excerpt: “Rocket Lab jumped 5.4%, Planet Labs soared over 2.3% and Intuitive Machines climbed about 3.5%. ”
7goodreturns.inNot yet classified
US Stock Market: Dow Jones, Nasdaq, S&P 500 Climb Almost 1% Driven By Space, Chip Stocks; Wall Street Outlook On Oct-22 - Goodreturns
Source excerpt: “Meanwhile, Super Micro gained by 9.5% after strong quarterly outlook, which further added bullish tone in stocks like HPE and DELL which rallied by ov...”
8goodreturns.inNot yet classified
Stock Market Outlook Today, October 22, 2026: Sensex, Nifty Likely To Remain Under Pressure As Crude Oil Tops $110 - Goodreturns
Source excerpt: “Sensex 73,709.69 ▼ -0.19% Nifty 22,811.35 ▼ -0.34% 22k Gold ₹ 13,390/gm Silver ₹ 2,30,000/kg Petrol ₹ 111.21 Diesel ₹ 97.83 LPG ₹ 941.50 Crude Oil $ 1...”
9cnbc.comNews and mediaquality 0.85
Business News
Source excerpt: “# Business News ## Trending Now - 1 Elon Musk ordered Starlink slowdown for Ukraine: Report - 2 Stock futures rise as traders evaluate latest raft of ...”
10cnbc.comNews and mediaquality 0.85
Stock Markets, Business News, Financials, Earnings - CNBC
Source excerpt: “LAST | 10/20/26 EDT US 10-YR 5.123% Uptrend +0.006 LAST | 12:01:24 AM EDT Stock futures rise as traders evaluate latest raft of earnings; SpaceX ...”