Nasdaq 100 futures rise 1.19% before open as oil and yields fall

Key Facts

Nasdaq 100 futures rose 1.19% before the U.S. market opened on October 19, 2026, according to Invezz, as investors awaited technology company earnings following a selloff in the sector. Futures gained 336 points in that trading, at the start of a week that includes third-quarter results from Netflix, Tesla and Meta. The platform linked the improvement in futures to falling oil prices, among the factors supporting trading ahead of the Wall Street open. It said declining U.S. Treasury yields also helped lift futures. The improvement in the futures market came amid investor concerns about artificial intelligence companies' reliance on borrowing to finance their investment expansion, according to the Associated Press.

The Nasdaq Composite ended the week through October 16 with a loss of 4.5%, according to the Associated Press, a decline that exceeded losses in the broader U.S. stock index. The S&P 500 fell 1.9% over the same week, while the Dow Jones moved in the opposite direction, posting a weekly gain of 0.7%. Pressure in the preceding Friday's session extended to chipmakers, with Micron Technology shares falling 5.6%, according to the news agency. Advanced Micro Devices shares dropped 6% in the same session as part of the selloff in technology stocks. The futures rebound thus followed losses in semiconductor companies, alongside a mixed week for U.S. indexes as the Dow Jones held on to its gains.

Against that backdrop, the Associated Press linked investor anxiety to how artificial intelligence companies were financing their investment boom, saying they had "relied on debt markets to finance a wave of investments." Rising bond yields heightened concerns about these companies' ability to keep borrowing and spending, according to the news agency. Meanwhile, supportive news for the chip sector included JPMorgan's upgrade of Intel shares, according to Reuters. The bank raised its rating from "underweight" to "neutral," in a change that was among the corporate developments accompanying the rebound in artificial intelligence stocks. Goldman Sachs also raised its rating on CoreWeave from "neutral" to "buy," according to Reuters, as U.S. stock futures improved.

Among the companies preparing to report earnings, Tesla approaches its financial disclosure after releasing its operating figures for the third quarter of 2026, which included vehicle and energy storage data. The company said in an investor relations statement that it produced 464,391 vehicles during the quarter, as part of its quarterly update on production, deliveries and energy product deployments. Tesla delivered 486,532 vehicles over the same period, exceeding the number produced during the quarter. In its energy storage business, the company reported product deployments with a total capacity of 13.7 gigawatt-hours over the same period. These figures precede its quarterly financial results, part of the technology company reporting schedule markets are watching this week.

For Tesla's financial outlook, the average analyst estimate compiled by the company and published on October 19 put third-quarter earnings per share under generally accepted accounting principles at $0.23. The average forecast for adjusted, non-GAAP earnings per share was $0.45 for the same period, according to the estimates table published on its investor relations website. The estimates also included an average operating margin of 2.5%, alongside the earnings-per-share estimates in the compilation. Analysts' average gross margin forecast was 17.9%, according to the same table published by Tesla ahead of its quarterly results. These forecasts put earnings and margins alongside production and delivery figures among the key numbers awaited in the company's financial disclosure.

The upcoming reporting schedule begins with Netflix, which set Tuesday, October 20, 2026, for the release of its third-quarter results, according to the company's statement to investors on the earnings release date. The company said the announcement would include its business outlook alongside its quarterly financial results, with publication scheduled for approximately 1:01 p.m. Pacific Time. The following day, Wednesday, October 21, 2026, Tesla will report its third-quarter financial results after the U.S. market closes, according to its investor relations statement on production, deliveries and energy product deployments. Meta's third-quarter results are also due after the market closes on Wednesday, October 21, according to Investing.com. Netflix's disclosure will thus be followed by Tesla and Meta, after the futures rebound and before the companies' financial results for the period become clear.