News Bulletin
Wednesday, October 21, 2026
Evening Edition

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Wednesday, October 21, 2026

10:30

Crude Oil Inventories

-3.060M

-0.100M

-8.557M

10:30

Cushing Crude Oil Inventories

0.987M

 

1.862M

15:00

20-Year Bond Auction

5.47%

 

5.42%

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

52,857.04

52,368.75

50,498.73

NASDAQ

26,702.86

26,627.55

24,967.83

S&P 500

7,757.17

7,704.81

7,282.39

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC: After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

MetaFB:US

3.83

7.02

64.6B

63.12B

$1.79T

PM

TeslaTSLA:US

-

0.52

-

26.96B

$1.23T

PM

Lam ResearchLRCX:US

-

1.82

-

7.05B

$345.61B

PM

Philip Morris InternationalPM:US

2.36

2.43

11.4B

11.6B

$306.00B

AM

Thermo Fisher ScientificTMO:US

6.68

6.37

12.14B

11.97B

$267.00B

AM

Texas InstrumentsTXN:US

-

2.13

-

5.56B

$259.86B

PM

IBMIBM:US

-

2.94

-

17.12B

$223.92B

PM

AbbottABT:US

1.42

1.42

13.01B

13.13B

$170.38B

AM

DanaherDHR:US

2.11

2.03

6.6B

6.29B

$168.58B

AM

Southern CopperSCCO:US

2.15

1.79

4.69M

4B

$165.55B

PM

NextEra EnergyNEE:US

1.24

1.21

8.09B

9.09B

$161.49B

AM

AT&TT:US

0.65

0.61

32.3B

31.83B

$157.08B

AM

CMECME:US

3.02

2.96

1.74B

1.7B

$106.89B

AM

Elevance HealthANTM:US

6.99

5.09

50.4B

48.65B

$101.97B

AM

CSXCSX:US

-

0.52

-

3.85B

$93.20B

PM

Moody'sMCO:US

4.14

4.38

2.02B

2.1B

$88.45B

AM

Kinder MorganKMI:US

-

0.31

-

4.34B

$75.44B

PM

United RentalsURI:US

-

13.36

-

4.55B

$71.62B

PM

Westinghouse Air Brake TechnologiesWAB:US

2.83

2.74

3.12B

3.16B

$50.32B

AM

Crown Castle InternationalCCI:US

-

0.68

-

1.03B

$34.65B

PM

NorthernNTRS:US

3.4

2.78

2.3B

2.21B

$33.97B

AM

Teledyne TechnologiesTDY:US

6.72

6.02

1.68B

1.61B

$29.65B

AM

Las Vegas SandsLVS:US

-

0.81

-

3.49B

$27.98B

PM

Reliance Steel & AluminumRS:US

-

5.28

-

4.13B

$24.11B

PM

Southwest AirlinesLUV:US

-

0.79

-

8.22B

$24.05B

PM

Packaging Of AmericaPKG:US

-

2.94

-

2.6B

$21.39B

PM

RollinsROL:US

-

0.38

-

1.12B

$16.28B

PM

Globe LifeGL:US

-

4.71

-

1.61B

$16.06B

PM

SEI InvestmentsSEIC:US

1.64

1.5

662.04M

650.31M

$14.21B

PM

GracoGGG:US

-

0.8

-

587.75M

$13.77B

PM

Caci InternationalCACI:US

-

7.23

-

2.6B

$13.77B

PM

Molina HealthcareMOH:US

-

1.24

-

10.95B

$12.63B

PM

UDRUDR:US

0.67

0.13

426.12M

428.77M

$11.50B

AM

Knight TransportationKNX:US

-

0.69

-

2.13B

$10.22B

PM

EastGroup PropertiesEGP:US

-

1.37

-

197.42M

$9.96B

PM

Stifel FinancialSF:US

1.46

1.54

1.43B

1.52B

$9.91B

AM

Lithia MotorsLAD:US

10.34

9.59

9.95B

9.83B

$8.22B

AM

First Industrial RealtyFR:US

-

0.46

-

198.05M

$7.84B

PM

HexcelHXL:US

-

0.48

-

496.73M

$7.61B

PM

Pinnacle Financial PartnersPNFP:US

2.69

2.64

1.31B

1.28B

$7.41B

PM

Old National BancorpONB:US

0.66

0.67

719.5M

735.81M

$7.24B

PM

First American FinancialFAF:US

-

1.79

-

2.05B

$6.81B

PM

MarketAxessMKTX:US

-

1.93

-

220.58M

$6.23B

AM

UniFirstUNF:US

1.6

2

645M

632.99M

$5.04B

AM

Sonoco ProductsSON:US

-

1.96

-

2.11B

$5.03B

PM

Oceaneering InternationalOII:US

-

0.54

-

746.54M

$4.51B

PM

Texas Capital BancsharesTCBI:US

-

2.08

-

344.2M

$4.35B

PM

Cathay General BancorpCATY:US

-

1.4

-

223.55M

$4.32B

PM

Fulton FinancialFULT:US

-

0.53

-

368.75M

$4.08B

PM

BancfirstBANF:US

-

1.86

-

184.83M

$3.65B

AM

M Fi HomesMHO:US

2.7

3.43

1.1B

1.07B

$3.27B

AM

BankUnitedBKU:US

1.03

1.12

280.44M

300.28M

$3.13B

AM

SL Green RealtySLG:US

-

-0.58

-

176.36M

$3.09B

PM

WD-40WDFC:US

-

1.65

-

177.62M

$2.67B

PM

OFG BancorpOFG:US

1.33

1.18

185.7M

182.82M

$2.40B

AM

BannerBANR:US

-

1.5

-

183.12M

$2.35B

PM

First MerchantsFRME:US

-

1.07

-

205.83M

$2.34B

PM

Enterprise Financial ServicesEFSC:US

-

1.42

-

193.52M

$2.23B

PM

WesBancoWSBC:US

-

0.89

-

276.19M

$2.23B

PM

Pathward FinancialCASH:US

-

1.81

-

185.33M

$1.77B

PM

Getty RealtyGTY:US

-

0.35

-

59.24M

$1.50B

PM

Stewart Information ServicesSTC:US

-

1.81

-

900.75M

$1.46B

PM

Integra LifeSciencesIART:US

0.59

0.56

411.18M

417.62M

$1.04B

AM

Marten TransportMRTN:US

-

0.1

-

231.4M

$1.02B

PM

Winnebago IndustriesWGO:US

0.49

0.52

645.1M

664.47M

$720.60M

AM

 

Market News:

U.S. stocks drove home gains on Wednesday, as SpaceX led the technology sector higher after reporting bumper quarterly results and confirming the formation of a special committee to explore a potential merger with Tesla.

 

The artificial intelligence trade, which had been under the gun recently, was reignited, with chip stocks such as Nvidia rising. Conversely, shares of Netflix slid after the streaming pioneer issued disappointing current-quarter revenue guidance.

Traders also kept an eye on the Middle East conflict amid a rise in oil prices.   

 

The benchmark S&P 500 added 0.6% to end at 7,758.53 points, while the blue-chip Dow Jones Industrial Average rose 0.7% to close at 52,857.10 points. The tech-heavy NASDAQ Composite surged 1.1% to settle at 26,702.86 points.

Earnings season underway

The third quarter earnings season has picked up steam this week. A strong underlying earnings story has been one of the primary drivers of Wall Street’s record performance this year, helping stocks weather headwinds from geopolitics to bond market ructions.

Some solid earnings from major names on Tuesday contributed to a turnaround in U.S. equities, with the S&P 500 overcoming a negative open to end 0.3% higher. The Dow jumped 1%, while the NASDAQ settled just below the flatline. Credit data and analytics giant Equifax, toymaker Hasbro, and industrial conglomerate 3M were among the top percentage gainers on the S&P as their quarterly results cheered investors.

 

SpaceX headlined the earnings slate in after-market hours on Tuesday. The world’s biggest rocket launcher and satellite operator delivered quarterly revenue of $14.6 billion, a more than 160% surge from a year ago and above analysts’ estimates. Profit stood at $4.4 billion, while capital expenditures climbed to $19.6 billion.

 

Meanwhile, Netflix announced a quarterly bottom-line beat, but its Q4 revenue guidance of $13.4 billion missed consensus figures. The streaming giant has been struggling with user engagement and continued capital spending to sustain its vast portfolio of content, and its stock has lost more than 26% YTD, significantly underperforming the S&P 500’s nearly 13% increase. Netflix ended 5.3% lower. 

Elsewhere, Super Micro Computer surged over 9.5% after forecasting quarterly revenue and gross margins well above its previous guidance. United Airlines reversed losses to gain 4%, even after the carrier issued an underwhelming profit outlook which highlighted the impact of high fuel costs.

 

All eyes are now on earnings from Tesla and Meta Platforms after the closing bell on Wednesday. The latter will be the first AI hyperscaler to report, giving markets a look at the state of its infrastructure buildout.

Committees formed to explore possible SpaceX-Tesla merger, Musk says

SpaceX’s quarterly report - its second since its record initial public offering earlier this year - was overshadowed by top boss Elon Musk’s comments on the earnings conference call, in which he said the company and Tesla had formed committees to explore a potential merger. SpaceX stock settled 7.8% higher, while Tesla added 3.4%.

 

Musk said the committees have not reached an agreement on "the terms of any transaction."

 

Musk, who serves as CEO of both companies and is not on either committee, added that there is "no guarantee" a deal will eventually be reached, but stressed that he does believe there is "a lot of merit" to a tie-up.

Oil higher

Wall Street on Tuesday had also been helped by a fall in oil prices.

 

Early in the session, unconfirmed reports that Qatar and Pakistan had put forward a proposal to revive talks to conclude the Iran war briefly sent oil prices down to $106 a barrel from $112 a barrels. The rumors bolstered sentiment, which has been dented in recent sessions by worries over the sustainability of massive debt-fueled AI infrastructure spending and elevated borrowing costs.

 

Oil had ticked up on Wednesday, with Brent crude futures, the global benchmark, last up 1% to $109.93 a barrel. Energy market participants weighed possible diplomatic progress between Russia and Ukraine against a lack of any major breakthroughs in a meeting between Pakistani and Iranian officials.

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