CA
NZ
UK
AU
IND
US
Meta Platforms (NASDAQ:META), owner of Facebook, Instagram and WhatsApp, reported third-quarter results after the close on Wednesday, October 21, 2026. GAAP diluted earnings were USD 3.83 per share, against the consensus estimate of USD 5.46 and USD 1.05 a year earlier, while revenue grew …
The move follows a violent rise in borrowing costs. The 10-year yield reached multi-decade highs this month, about 5.10% on Oct. 15 according to the Associated Press, compared with 3.97% before the U.S.-Iran conflict began. The two-year yield was near 4.77% to 4.79%.
The yield closed near 5.38% on Wednesday, down about five basis points, and reached 5.36% intraday. A global bond selloff had driven the benchmark to a 19-year high earlier in September.
Contracts on the S&P 500 were down 0.9%, Nasdaq 100 futures lost 1.6% and Dow Jones futures declined nearly 110 points.
The slide continues a pattern in which policymakers allow the currency to weaken gradually in exchange for steadier financial conditions. It also follows the central bank’s decision on Thursday to cut its policy rate, which restarted an easing cycle after months on hold.
Meta Platforms (NASDAQ:META), owner of Facebook, Instagram and WhatsApp, reported third-quarter results after the close on Wednesday, October 21, 2026. GAAP diluted earnings were USD 3.83 per share, against the consensus estimate of USD 5.46 and USD 1.05 a year earlier. Net income rose …
Tesla (NASDAQ:TSLA), the electric vehicle, energy storage and AI company based in Austin, Texas, published its third-quarter update after the close on Wednesday, October 21, 2026. Total revenue was USD 28.05 billion, against USD 28.10 billion a year earlier. Automotive revenue fell 3% to …
Lam Research (NASDAQ:LRCX), which supplies wafer fabrication equipment to chipmakers, reported results for its fiscal first quarter of 2027, ended Sunday, September 27, 2026, on Wednesday, October 21, 2026. Revenue was USD 8.22 billion, up 22% on the June quarter and 54% on the …
Philip Morris International (NYSE:PM), which sells Marlboro cigarettes outside the US alongside IQOS heated tobacco and ZYN nicotine pouches, reported third-quarter results on Wednesday, October 21, 2026 and raised its quarterly dividend 8.8% to USD 1.60 per share. Adjusted diluted EPS rose 5.4% to …
Texas Instruments (NASDAQ:TXN), the Dallas-based maker of analog and embedded processing chips, reported third-quarter results after the close on Wednesday, October 21, 2026. Diluted earnings were USD 2.62 per share, against the consensus estimate of USD 2.43 and USD 1.48 a year earlier, including …
Please wait processing your request...