Nasdaq 100 Futures Slip 1.1% as Megacap Earnings Fail to Reassure AI Investors
Updated
Updated · Bloomberg · Oct 22
Nasdaq 100 Futures Slip 1.1% as Megacap Earnings Fail to Reassure AI Investors
3 articles · Updated · Bloomberg · Oct 22
Summary
Nasdaq 100 futures fell 1.1% and S&P 500 contracts lost 0.5% after results from Tesla and Meta failed to restore confidence in the AI-driven market rebound.
Those earnings left investors questioning how durable this week's recovery in the artificial-intelligence trade really is, pressuring the growth-heavy benchmarks most exposed to that theme.
Crude oil climbed at the same time as Middle East tensions flared, adding another source of market caution beyond the earnings disappointment.