What are today's top business/market headlines?

I'll pull today's top business and market headlines for you.

Today's Top Business / Market Headlines — Thursday, October 22, 2026:

1. U.S. Futures Slide After Big Tech Earnings

•U.S. equity futures slid late Wednesday after investors digested third-quarter earnings from big tech names including Meta Platforms and Tesla.

•Dow Jones Industrial Average futures ticked down 0.3%, or 170 points. S&P 500 futures fell 0.5%, and Nasdaq-100 futures dropped 0.7%.

•Shares of Meta gained 2% in extended trading after a revenue beat, while Tesla reported better-than-expected top and bottom line but shares were off 3%.

•Broader trend: Nasdaq Futures Slip; Dismal Data-Center IPO Weighs on Tech Investors is trending with coverage across 8 news sources.

•On Wall Street today: US stocks were drifting on Wednesday, with Tesla leading the Nasdaq higher, while the Dow Jones pared its early gains.

The prior session was positive: the S&P 500 notched a three-day win streak, while the Dow jumped 360 points. The Nasdaq Composite closed 1% higher, catching a tailwind from SpaceX and Tesla. Blowout quarterly results from SpaceX fueled excitement for the AI trade, sending Micron Technology and Advanced Micro Devices higher.

2. Tech Earnings in Focus - Meta & Tesla

•Meta Revenue Up 26%, Tesla Lowers Capital Expenditure Outlook

•Tesla reported third-quarter revenue of $28.05 billion, roughly flat year over year, with adjusted earnings per share of $0.48, beating market expectations.

•Tesla Operating Profit Drops 56%, Full-Year Capital Expenditure Guidance Slashed to $20 Billion. Tesla's operating profit dropped 56%, and full-year capital expenditure guidance is now reduced to $20 billion.

•Meta also plans to create non-voting Class C common stock to provide financing options.

•On earnings call, Zuckerberg said over 10 million users in US and Canada have created personal agents since Muse launch, with about one-fourth using them daily.

3. Asia-Pacific Markets Dip Amid Gulf Tensions

•Asian stocks struggled to stay above water in early trade on Thursday, as tech earnings optimism provided only fleeting support amid lingering concerns over AI and uncertainty in the Gulf.

•MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, on track for a fourth straight week of decline. Japan’s Nikkei gave up earlier gains to trade 0.4% lower, while Korean shares were down more than 1%.

•US stock futures, the S&P 500 e-minis, were down 0.4% at 7,765.8. Overnight, the tech-heavy Nasdaq led Wall Street to a higher close.

•Space X posted its first profit as a public company, Meta reported third-quarter revenue that beat expectations.

4. India Markets - Cautious Close, Blockbuster IPO

•The Sensex closed at 73,709.69, down 143.21 points, and the Nifty 50 ended at 22,811.35, down 77.60 points, as rising crude oil prices kept investors cautious.

•Jio Platforms’ ₹30,213-crore IPO was fully subscribed within about 100 minutes of opening on October 21, one of the fastest responses for a large Indian share sale.

•Jio Platforms fixed its IPO price band at ₹1,065–₹1,119 per share, with the three-day issue closing on October 23.

•The Nifty IT index jumped 2.21%, led by Wipro which rose 3.30%.

5. Commodities & Yields

•Oil prices jumped by more than $2 a barrel, with Brent crude rising to $110.85. Brent crude rose 1.1% to $110.03 a barrel, near a five-month high.

•Yield on benchmark 10-year Treasury notes was down 4.2 basis points at 5.1065%, while the yield on 30-year notes was at a one-week low of 5.3968%.

6. Other Corporate Headlines

•Abbott to Carve Out Nutrition Business Into Independent Company - plans to separate its nutrition business into an independent company, which is set to house Pedialyte, as well as infant-formula brand Similac, with about $8.5 billion in annual sales.

•U.S. Stocks Rise as SpaceX Spurs AI Relief Rally - U.S. stocks rose as strong earnings from Elon Musk's SpaceX eased concerns about profitability of AI business, sparking gains for chip makers.

Citations (4)

1freshblognews.comNot yet classified
Stock futures fall as investors digest earnings from Meta and Tesla: Live updates
Backs: “Today's Top Business / Market Headlines — Thursday, October 22, 2026: 1. U.S. Futures Slide After Big Tech Earnings. U.S. equity futures slid late Wednesday after investors digested third-quarter earnings from big tech names including Meta Platforms and Tesla.”
2archynetys.comNot yet classified
Stock Market Today: Nasdaq Futures Slip; Dismal Data-Center IPO Weighs on Tech Investors
Backs: “Shares of Meta gained 2% in extended trading after a revenue beat, while Tesla reported better-than-expected top and bottom line but shares were off 3%. Broader trend: Nasdaq Futures Slip; Dismal Data-Center IPO Weighs on Tech Investors is trending with coverage across 8 news sources.”
3northlandnewsradio.comNot yet classified
Asian markets dip as investors weigh tech earnings, Gulf tensions
Backs: “On earnings call, Zuckerberg said over 10 million users in US and Canada have created personal agents since Muse launch, with about one-fourth using them daily. 3. Asia-Pacific Markets Dip Amid Gulf Tensions. Asian stocks struggled to stay above water in early trade on Thursday, as tech earnings optimism provided only…”
4jagranjosh.comCommercial content
School Assembly News Headlines (October 22, 2026): National, International, Sports, Business & Education News
Backs: “Space X posted its first profit as a public company, Meta reported third-quarter revenue that beat expectations. 4. India Markets - Cautious Close, Blockbuster IPO. The Sensex closed at 73,709.69, down 143.21 points, and the Nifty 50 ended at 22,811.35, down 77.60 points, as rising crude oil prices kept investors…”