Major Indexes Close Higher; Focus on TSLA, META Stock Earnings | WEEX TradFi Daily(October 22, 2026)

Today’s Digest

• The three major indexes closed higher on October 21, led by the Nasdaq; AI and crypto-related stocks rose broadly.
• SpaceX beat earnings expectations and disclosed AI-business revenue, lifting related sectors.
• Bitcoin traded near $84,000 and Ethereum near $2,470. LIT rose about 15% on compliance-license expectations, leading majors.
• Meta beat revenue expectations and rose more than 3% after hours; Tesla’s net profit plunged and its shares fell more than 3%.
• On October 22, focus is on Procter & Gamble, Southern Copper and Union Pacific before the open, followed by Western Digital and Newmont after the close.

1 Crypto Highlights

1）Bitcoin Near $84,000 as AI Earnings Lift Risk Appetite

Bitcoin traded near $84,000, up about 1.6% over 24 hours, while Ethereum was near $2,470. SpaceX and Super Micro earnings beats revived AI-theme trading and supported a rebound in risk assets. Inflation and rate-hike expectations had weighed on prices earlier. Markets are now watching whether bitcoin can hold $84,000 and test higher resistance. The rebound in majors remains sensitive to long-bond yields and oil-price swings.

Watchlist: BTC, ETH
Spot: BTC / ETH
Futures: BTC / ETH

2）Lighter Plans to Apply for a Compliance License; LIT Rises About 15% and Leads Majors

Lighter plans to become the first perpetual-DEX project to apply for a local compliance license. LIT rose about 15% over 24 hours and traded near $3.8–$3.9, leading majors. News that Robinhood had launched perpetual contracts through Bitstamp previously triggered a sell-off in LIT. Compliance expectations have drawn capital back, but licensing progress and the competitive landscape remain key.

Watchlist: LIT
Spot: LIT
Futures: LIT

3）ZEC Rises More Than 5%; Bankless Co-Founder Turns Bullish Again

Zcash (ZEC) rose more than 5% over 24 hours and traded near $1,320. Bankless co-founder David Hoffman posted bullish again, predicting ZEC’s market cap could reach 10% of bitcoin’s this cycle and 25% in the next cycle. Privacy narratives and network-upgrade expectations are converging, though those market-cap targets depend heavily on sustained inflows and short-term volatility may increase.

Watchlist: ZEC
Spot: ZEC
Futures: ZEC

4）WEEX Adds Axis Robotics (AXIS)

Axis Robotics is a decentralized robot-data collection and training platform. It lets participants remotely control virtual robots through a browser, collect high-quality movement data and use simulation augmentation to generate diverse training samples for robot-operation models. Following WEEX’s listing, markets are watching the platform’s data flywheel and progress in deploying its robotics models.

Watchlist: AXIS
Spot: AXIS

5）OCC Issues Final GENIUS Act Rule; Stablecoin Rewards Shift to Case-by-Case Review

The OCC’s final rule, released on October 21, removes the “rebuttable presumption” for third-party stablecoin reward arrangements and shifts to case-by-case review. This affects a key concern weighing on ENA: Ethena’s yield-bearing stablecoin USDe is not backed by fiat or Treasury reserves, but generates yield through a delta-neutral derivatives strategy. Whether it falls within the legal definition of a “payment stablecoin” remains unclear, as does the applicability of the Act’s yield prohibition. Ethena (ENA) rose more than 8% over 24 hours and traded near $0.21.

Watchlist: ENA
Spot: ENA
Futures: ENA

2 Stock Highlights

1）Major Indexes Close Higher; AI and Crypto-Related Stocks Rise Broadly

The three major indexes closed higher on October 21. SpaceX beat earnings expectations and disclosed AI-business revenue, while Super Micro raised its guidance; the Philadelphia Semiconductor Index rebounded about 2%. Crypto-related stocks strengthened alongside bitcoin. Capital shifted from rate concerns toward earnings verification, but long-bond yields remain elevated. Investors will watch whether more technology earnings can extend the support.

Watchlist: QQQ, SPY, NVDA
Spot: QQQ / SPY / NVDA
Futures: QQQ / SPY / NVDA

2）Meta (META) Q3 Revenue Beats; Strong Ad Business Drives More-Than-3% After-Hours Gain

Meta reported third-quarter revenue up 26% year over year to $64.6 billion, beating market expectations on strong ad demand and AI recommendation tools. A one-time $9.89 billion legal-settlement charge brought GAAP EPS to $3.83, while adjusted EPS excluding the charge reached $7.40, well above expectations. Ad prices rose 14%, and Muse AI showed commercialization potential, boosting confidence in AI monetization. Shares rose more than 3% after hours.

Watchlist: META
Spot: META
Futures: META

3）Tesla (TSLA) Q3 Net Profit Plunges; Shares Fall More Than 3% After Hours on Higher R&D and AI Spending

Tesla reported third-quarter revenue roughly flat year over year at $28.046 billion, while net profit fell about 43% to $787 million, pressured by higher spending on R&D, AI and robotics. Operating expenses rose about 39%. GAAP diluted EPS was $0.22, down from $0.39 a year earlier. Pressure on core profit and a roughly 50% year-over-year decline in free cash flow hurt sentiment, sending shares down more than 3% after hours.

Watchlist: TSLA, SPCX
Spot: TSLA / SPCX
Futures: TSLA / SPCX

4）Lam Research (LRCX) Q1 Revenue Beats; Soft Guidance Triggers More-Than-6% After-Hours Drop

Lam Research reported fiscal Q1 2027 revenue up about 54% year over year to $8.22 billion, slightly above the $8.14 billion analyst estimate, driven by AI-chip demand and advanced packaging. Adjusted EPS was $2.20, above the $2.18 estimate. Guidance lacked a further upside catalyst, triggering profit-taking and sending shares down more than 6% after hours.

Watchlist: LRCX
Spot: LRCX
Futures: LRCX

5）Texas Instruments (TXN) Q3 Net Profit Beats; Strong Guidance Lifts Shares Modestly After Hours

Texas Instruments reported third-quarter revenue of $6.06 billion, up both sequentially and year over year and slightly above the $5.92 billion analyst estimate. Net income was $2.425 billion and EPS was $2.62, above the $2.42 estimate. Core analog-chip revenue rose 32% to $4.911 billion.

Watchlist: TXN
Spot: TXN
Futures: TXN

3 Today’s Preview

Procter & Gamble, Southern Copper and Union Pacific report before the open on October 22, followed by Western Digital and Newmont after the close. Investors will watch consumer resilience, copper demand, rail freight, memory chips and gold-mining costs.

1）Procter & Gamble (PG) — October 22 Before the Open

Consensus EPS is about $1.89. Investors will watch organic sales growth, whether price increases offset costs and whether full-year guidance is raised. Staples performance will offer a read on demand resilience in a high-rate environment.

Watchlist: PG
Spot: PG
Futures: PG

2）Southern Copper (SCCO), Union Pacific (UNP) — October 22 Before the Open

Consensus for UNP is about $3.47–$3.48 EPS and $7.14 billion in revenue. SCCO will show how copper prices and output affect mining profits. Rail freight and copper demand will offer separate reads on the real economy and capital spending related to the energy transition.

Watchlist: SCCO, UNP
Spot: SCCO / UNP
Futures: SCCO / UNP

3）Western Digital (WDC) — October 22 After the Close

Consensus EPS is about $4.10, with options implying volatility of about ±9%. Investors will watch storage shipments, AI data-center demand and gross margin. An upward revision to guidance would reinforce expectations for a memory-sector recovery.

Watchlist: WDC
Spot: WDC
Futures: WDC

4）Newmont (NEM) — October 22 After the Close

Consensus EPS is about $1.94. Investors will watch gold production, all-in sustaining costs and cash flow. Gold traded near $4,115; solid cost control could support relative returns for mining shares.

Watchlist: NEM
Spot: NEM
Futures: NEM

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