Tesla Profit Falls as Nasdaq Futures Drop on Oct 22

Tesla profit fell in the third quarter as Nasdaq futures dropped. As flagged in Wednesday's evening review, the Nasdaq Composite closed 26,702.86, up 1.05 percent, after SpaceX lifted the cash session. Overnight Nasdaq-100 futures last printed about 29,600, labeled overnight futures. US cash opens at 16:30 Cyprus (13:30 UTC).

The Setup: Wednesday's Tech Rally Meets Softer Overnight Futures

The S&P 500 closed 7,757.17, up 0.58 percent (CNBC, Morningstar, MarketWatch). Range 7,709.34 to 7,770.40. Friday's 7,756.84 high was taken. October 6's 7,818.93 record close remains unrepaired. The Nasdaq Composite closed 26,702.86. The Dow closed 52,856.09, up 0.69 percent. Overnight S&P 500 futures last printed about 7,752, labeled overnight futures (MarketWatch 7,751.50, Investing.com 7,752.75). Nasdaq-100 futures last printed about 29,600, down about 1.3 percent. South Korea's Kospi last printed 5,605.54, down 2.25 percent, labeled intraday (Yonhap), with Samsung Electronics 3.36 percent lower and SK hynix 3.63 percent lower. Japan's Nikkei 225 last printed about 63,297, down 2.05 percent, labeled intraday. The 10-year yield last sat about 5.11 percent, under the 10 basis-point bar (Reuters). S&P bullish trigger: a hold of 7,757.17 through 7,756.84 toward 7,818.93. Bearish trigger: a fade through 7,712.57, then 7,690.73.

Story of the Day: Tesla Profit Falls After the Close

Tesla reported third-quarter revenue of 28.05 billion dollars, in line, and non-GAAP earnings of 0.48 dollars a share against about 0.45 seen (Electrek). GAAP net income was 787 million, down 43 percent. Automotive revenue fell 3 percent to 20.6 billion. Energy revenue fell 16 percent to 2.9 billion. Free cash flow printed 1.53 billion. Shares last printed about 2 percent lower after hours. Meta printed revenue of 64.6 billion, up 26 percent, against about 63.4 billion seen, and guided fourth-quarter revenue to 73 to 76 billion against about 73.7 billion seen (CNBC). Shares jumped more than 5 percent after hours, then cooled to about 2 percent higher. Reuters said a plan to issue non-voting Class C stock kept AI-spend questions open. IBM printed revenue of 17.10 billion against 16.82 billion seen. Texas Instruments printed earnings of 2.62 dollars a share against about 2.44 seen. Chip bullish trigger: a hold of Kospi 5,605.54 through Wednesday's 5,735.66. Bearish trigger: a fade through Tuesday's 5,552.74, then 5,493.24.

Oil Holds Near $98 as Gold Slips Through $4,100

West Texas Intermediate last printed about 98.48 dollars (OilPriceAPI, Financial Times), against Wednesday's settle of 97.15. Brent last printed about 110.63 dollars. The EIA already printed a 3.1 million-barrel crude draw on Wednesday. Spot gold last printed about 4,089 dollars (TradingView 4,088.87, Kitco 4,089.30), a fade of about 1.3 percent from Wednesday evening's about 4,140, under the 2 percent bar and not a standalone long-term gold story. The 4,100 support zone from this week's notes is now overhead. Oil bullish trigger: a hold of about 98.48 through yesterday's 100.40 high. Bearish trigger: a slip through 97.15, then 96.26. Gold bullish trigger: a reclaim of 4,100. Bearish trigger: a slip through the session low near 4,087.

Bitcoin Last Printed $82,703 Back at the 21 EMA

Bitcoin last printed about 82,703 dollars (TradingView). MyTrade sat at 82,891 and ChartExchange at 82,785, all under 1 percent apart. Wednesday evening last printed about 84,630. The 21 EMA near 82,700 is the key reference being tested again after yesterday took the 84,400 range high. Range low 80,400 is next. The about 79,800 floor remains. Ether last printed about 2,437 dollars, versus Wednesday evening's about 2,517. BTC bullish trigger: a hold of 82,700 through 84,400. Bearish trigger: a slip through 80,400, then 79,800.

What's Next: P&G, Jobless Claims, Then Japan CPI Overnight

Procter & Gamble reports before the open at 13:30 Cyprus (10:30 UTC), with earnings seen about 1.89 dollars a share against 1.99 a year ago. Weekly jobless claims print at 15:30 Cyprus (12:30 UTC), seen 200,000 against last week's 199,000. US cash opens at 16:30 Cyprus (13:30 UTC). Japan CPI prints at 02:30 Friday Cyprus (23:30 UTC), with core seen 2.1 percent against August's 1.7 percent. The Fed remains in blackout through October 29 ahead of the October 27-28 FOMC. Docket: the calendar and the week ahead. Scenarios to watch, not a recommendation.

For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. US cash closes are Wednesday, October 21, 2026. Overnight futures, gold, oil, Bitcoin, Ether, Kospi and Nikkei are Thursday, October 22, 2026.