Analysis

TradingKey - In pre-market trading on October 21 ET, following its earnings release in the previous trading session, Netflix (NFLX) fell over 6% to around $64.5. Technical analysis indicates that $65 serves as a key support level; if this level fails to hold, the stock could enter a deeper correction.

Elon Musk announced the formation of a merger committee, sending SpaceX shares soaring 10% in pre-market trading and Tesla up nearly 2%.

TradingKey - Tesla stock forecast: TSLA trades below $388 resistance ahead of tonight's Q3 report, with SpaceX merger committees and thin margins deciding the next move.

Meta has breached its critical $700 support level. With its key earnings test imminent, the stock could fall by another 10%.

TradingKey - Recently, Tesla (TSLA) stock has shown a noticeable recovery following a continuous pullback in mid-October. On October 20, TSLA closed at $373.71, up 1.54%, reaching an intraday high of $377.59 with a trading volume of approximately 32.33 million shares. In pre-market trading today (October 21), the stock rose further above $380, gaining nearly 2%.

TradingKey - On October 21, US Eastern Time, Brent crude oil prices (UKOIL) briefly rose above $110 during intraday trading, while WTI crude oil prices (USOIL) also advanced, gaining about 0.7% intraday. The market focused on shipping security in the Strait of Hormuz, risks to Middle East energy facilities, and the impact of US-Iran diplomatic contacts on crude oil supply expectations.

As BNB Standard, the largest BNB treasury company, prepares to go public, can the price of BNB build momentum to break through the $800 mark?

TradingKey - On October 21, gold prices extended their correction, with gold (XAUUSD) dipping to an intraday low of $4,106, approaching the $4,100 level and marking its fourth consecutive session of losses. As global oil prices have remained elevated recently, markets are reassessing the impact of energy prices on U.S. inflation and the Federal Reserve's subsequent interest rate policy.

TradingKey - Meta (META) will release its third-quarter 2026 financial results after the U.S. market close on October 21, Eastern Time, and host an earnings call at 4:30 p.m. ET on the same day.

TradingKey - On October 21, Japanese and South Korean stock markets rebounded in tandem, with the Korea Composite Stock Price Index (KOSPI) closing up 3.29% at 5,735.67 points, and Japan's Nikkei 225 Index closing up 0.85% at 64,621.24 points.

TradingKey - As of the close on October 20 Eastern Time, SpaceX (SPCX) shares closed at $147.79, down 0.11%. After the market close that day, SpaceX released its third-quarter 2026 earnings report. Driven by better-than-expected results, the stock rose to as high as $161.56 in after-hours trading, a gain of 9.32%.

TradingKey - On October 20, Eastern Time, Elon Musk revealed during SpaceX's (SPCX) third-quarter earnings call that SpaceX and Tesla (TSLA) have established a special committee composed of independent directors to evaluate a potential merger.

TradingKey - According to a draft S-1 prospectus reviewed by The Wall Street Journal, the developer of Claude generated $16.3 billion in revenue in the first half of 2026, but recorded a net loss of $80.7 billion during the same period, while potentially incurring up to $750 billion in computing power and infrastructure expenditures over the coming years.

TradingKey - On October 20, Eastern Time, Elon Musk revealed during SpaceX's (SPCX) third-quarter earnings call that SpaceX and Tesla (TSLA) have formed a special committee composed of independent directors to evaluate a potential merger.

TradingKey - Netflix (NFLX) reported third-quarter earnings that beat market expectations, but slowing revenue growth, weaker-than-expected advertising growth, and soft fourth-quarter guidance left investors cautious about the company's future growth prospects.

TradingKey - As of the close on October 20 Eastern Time, the Dow Jones Industrial Average rose 1.02% to 52,495.88, the Nasdaq Composite slipped 0.02% to 26,424.82, and the S&P 500 gained 0.28% to 7,712.57.

TradingKey - On October 21, Japanese and South Korean stock markets rebounded across the board in early trading, with both South Korean and Japanese markets opening higher.

SpaceX (SPCX) reported its third-quarter 2026 financial results. Revenue for the period reached $14.575 billion, up 161% year-over-year. Overall, the earnings report provides evidence that AI investments are beginning to contribute to revenue and profit. However, capital expenditures still significantly exceed operating cash flow, and whether the improvement in profitability can be sustained remains a key factor in evaluating the stock's potential.

On October 20, Eastern Time, a pullback in oil prices from earlier gains and a decline in U.S. Treasury yields eased the impact of recent pressure on AI-related stocks on market sentiment. Investors continued to monitor the situation in the Middle East, with conflicting reports regarding the progress of U.S.-Iran negotiations taking center stage during intraday trading. At the close, the Dow Jones Industrial Average rose 1.02% to 52,495.88 points; the Nasdaq Composite Index fell 0.02% to 26,424.82 points; and the S&P 500 Index rose 0.28% to 7,712.57 points.

On October 20, Eastern Time, SpaceX's (SPCX) Falcon 9 rocket completed the Bandwagon-5 mission, carrying 31 customer payloads and the company's own Starfall capsule. As of 8:45 a.m. that day, all customer payloads had been deployed, and the first-stage rocket executing the mission was also successfully recovered after its 19th flight.