South Korea Trade Balance declined to $0B in January from previous $8.74B

Tesla (TSLA) reported its third-quarter 2026 financial results, with revenue coming in slightly above market expectations and automotive gross margin improving, though higher operating expenses such as R&D weighed on profits. Meanwhile, the company disclosed that the Cybercab has joined its Austin Robotaxi fleet and Optimus has entered production.

Meta Platforms (META) saw its stock jump over 4% after releasing its third-quarter 2026 earnings report on October 21 Eastern Time. As of press time, the gain had narrowed to 2.86%, with the stock trading at $717.47. During the period, Meta's advertising business achieved gains in both volume and pricing, driving revenue above market expectations, though litigation costs weighed on operating profit. The company also narrowed its full-year capital expenditure guidance range. In the third quarter, Meta reported revenue of $64.601 billion, up 26% year-over-year and beating market expectations of $63.2 billion; on a constant currency basis, revenue also grew 26%.

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.

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.

TradingKey - Tesla (TSLA) will release its third-quarter 2026 earnings report after the US market close on October 21 Eastern Time, followed by an earnings conference call at 17:30 ET on the same day. Markets are focusing on the commercialization progress of Robotaxi, FSD, and Optimus, as well as expanding capital expenditures.