Tech stocks sold off on Wednesday, October 22, 2026, with the Nasdaq-100, the index QQQ tracks, falling about 2.9%.The Nasdaq Composite dropped 2.6% to 26,008.86, its steepest one-day decline since June, while the S&P 500 lost 1.2% and the Dow finished roughly flat.The sell-off centered on companies tied to AI infrastructure, after Meta's earnings renewed questions about how much the industry is spending on AI and how that spending will be funded.On MEXC, the QQQUSDT perpetual contract fell abou
Crypto Pulse—Stocks
Curated content to help you understand Stocks better, faster.
1. Today's Market: All Three Indexes Rose and Technology Led AgainUnit: %, single-day change on October 21; all three readings are positive, so the bars are drawn from zero on one shared scale. The Nasdaq reads +1.05%, the Dow +0.69% and the S&P 500 +0.58%. The three indexes moved the same way, with the Nasdaq ahead. The sectors say the same thing: technology gained 1.67% and led every large sector, while communication services fell 1.11% and came last. On a day when everything rises
The AI supply chain filled all six layers for a second issue running on October 21. Only two figures came from the companies themselves: the $1.1B capacity reservation advance Nvidia (Ticker: NVDA) gave King Yuan Electronics at GTC Berlin, and the $1B Series A at the AI lab Flapping Airplanes. The first leads because that is money actually changing hands, and what it bought is capacity in packaging and test. AI Supply Chain in Six Layers AI News TodayLayer 1 Models & Apps | 2 itemsOne-year-old F
Lam Research (Nasdaq: LRCX) reported record revenue of $8.22 billion for its fiscal first quarter of 2027, the three months ended September 27, 2026, according to its earnings release.Revenue rose 22% from the June quarter, and non-GAAP EPS of $2.20 came in slightly above the roughly $2.18 analysts had expected.Shares still fell about 6% in after-hours trading on October 21, as investors weighed a December-quarter outlook roughly in line with expectations, a sharp expected drop in China revenue
Meta Platforms (Nasdaq: META) reported third-quarter 2026 revenue of $64.601 billion, up 26% year over year, according to its Q3 2026 earnings release.Diluted EPS was $3.83, weighed down by a $9.89 billion legal charge; excluding that charge, Meta says EPS would have been $7.40.Shares rose in after-hours trading on October 21, as investors looked past the one-off charge to strong ad growth, a narrowed capex range and a new Class C share plan.On MEXC, the METAUSDT perpetual contract jumped about
Tesla (Nasdaq: TSLA) reported third-quarter 2026 revenue of $28.046 billion, roughly flat year over year, according to its Q3 2026 update filed with the SEC.Non-GAAP EPS of $0.48 topped the roughly $0.45 analysts had expected, but operating income fell 56% to $718 million as R&D spending climbed.Shares initially rose in after-hours trading on October 21, then reversed lower once the earnings call got under way.On MEXC, the TSLAUSDT perpetual contract edged up in the first hour after the release
1. Today's Market: Money Moved From Technology to Health Care and Real EstateUnit: %, single-day change on October 20; the set spans positive and negative, so a zero line is drawn and all three share one scale. The Dow reads +1.02%, the S&P 500 +0.28% and the Nasdaq −0.02%. The three indexes went three ways: the Dow up 1.02%, the S&P 500 up 0.28%, and the Nasdaq close to flat at −0.02%. The sectors tell it more clearly, because money went to health care at +2.37% and real estate at &
The AI supply chain filled all six layers on October 20 for the first time. The largest number of the day came from a Reuters exclusive: ByteDance, Alibaba (Ticker: BABA) and Tencent together ordered more than $35B of Nvidia (Ticker: NVDA) chips, yet none of the three nor Nvidia commented. Only two deals had a value the companies themselves disclosed, the $325M Series C at ASI and the 20MW ten-year contract worth more than $400M at Duos Technologies (Ticker: DUOT). AI Supply Chain in Six Layers
Braze (Nasdaq: BRZE) shares jumped about 52% on October 20, 2026, after Salesforce announced a definitive agreement to acquire Braze for $47.50 per share in cash.The offer values Braze at an enterprise value of about $5.66 billion and is roughly 58.1% above Braze's October 19 closing price of $30.04.The move was a repricing toward a fixed cash offer rather than a reaction to Braze's own earnings, which changes how the stock is likely to trade from here.Key TakeawaysPrice: $47.50 per Braze Class
Netflix (Nasdaq: NFLX) reported third-quarter 2026 revenue of $12.874 billion, up 12% year over year, and diluted EPS of $0.87, according to its Q3 2026 shareholder letter.Shares still fell in after-hours trading on October 20, as Netflix lowered its 2026 advertising revenue forecast to about $2.7 billion from roughly $3 billion and guided fourth-quarter EPS to $0.67.On MEXC, the NFLXUSDT perpetual contract fell about 5.7% in the five hours after the release. Key TakeawaysQ3 results: Revenue of
