EL7.AI
StocksMedium•22 October 2026•
1 min read

US Futures Decline as Tesla Earnings Weigh on Sentiment Despite Meta Beat

Key Facts

1Nasdaq 100 futures fell 0.6% and S&P 500 futures dropped 0.4% following earnings reports.
2Tesla shares dropped over 3% in after-hours trading, while Meta gained more than 2%.
3Meta reported stronger-than-expected Q3 revenue and issued a positive outlook.

Nasdaq 100 futures fell 0.6% and S&P 500 futures dropped 0.4% following quarterly earnings reports from major technology firms. TradingView reported that Tesla shares declined over 3% in after-hours trading, while Meta Platforms gained more than 2% after reporting stronger-than-expected Q3 revenue and issuing a positive outlook.

TSLA closed at $386.47 on October 21, 2026, while META closed at $697.52 on the same date prior to the earnings release. In the broader tech sector, MSFT closed at $532.95 and AAPL closed at $343.99 on October 21, 2026, as investors weighed Tesla's post-earnings decline against Meta's growth signals.

Market participants are awaiting the release of US Initial Jobless Claims on October 22, 2026. The data is forecasted to come in at 200,000, following a previous reading of 199,000.