Today is Thursday, October 22, 2026.

The Early Bird Index today is 85.94.

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Facebook parent Meta Platforms $META ( ▲ 0.47% ) jumped 2.17% in after-hours trading on Wednesday after posting good financial results and announcing the creation of a new class of non-voting shares to help fund the company’s artificial intelligence ambitions.

Financials: Meta reported earnings of $7.40 per share in the past quarter and revenue of $64.6 billion. Both were better than expected.

Early Bird’s Nest Egg Gains: For existing Meta investors, the new shares are potentially useful for financing growth, but negative for shareholder accountability. It makes current shareholders more dependent on Mark Zuckerberg allocating capital well.

Final Thoughts: The stock was down about 4% over the last 12 months.

Looking for your next stock idea?

MarketBeat’s Top 5 Stocks report highlights five companies carrying some of Wall Street’s strongest consensus analyst ratings.

These aren’t lightly followed stocks, either. Every company is worth at least $5 billion and has been rated by 10 or more analysts within the past 12 months.

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Notable Earnings Today: Lockheed Martin (NYSE: LMT), Bloom Energy (NYSE: BE), Comcast (Nasdaq: CMCSA), Western Digital (Nasdaq: WDC), American Airlines (Nasdaq: AAL), Spotify (NYSE: SPOT), Procter & Gamble (NYSE: PG), Honeywell (Nasdaq: HON), Blackstone (NYSE: BX), RingCentral (NYSE: RNG), Nokia (NYSE: NOK), AppFolio (Nasdaq: APPF), Tractor Supply (Nasdaq: TSCO), Newmont (NYSE: NEM), Huntington Banc (Nasdaq: HBAN), Boyd Gaming (NYSE: BYD), MaxLinear (Nasdaq: MXL), VeriSign (Nasdaq: VRSN), Pool (Nasdaq: POOL), Dow (NYSE: DOW), Sallie Mae (Nasdaq: SLM), Deckers Outdoor (NYSE: DECK), Valero Energy (NYSE: VLO), Knowles (NYSE: KN), Union Pacific (NYSE: UNP), Allegion (NYSE: ALLE), Ameris Bancorp (NYSE: ABCB), Assoc Banc-Corp (NYSE: ASB), Badger Meter (NYSE: BMI), Carpenter Tech (NYSE: CRS), CBRE Group (NYSE: CBRE), Columbia Banking (Nasdaq: COLB), Dover (NYSE: DOV), FirstService (Nasdaq: FSV), Kinsale Capital (NYSE: KNSL), Lindsay Corp (NYSE: LNN), MSC Industrial (NYSE: MSM), NASDAQ (Nasdaq: NDAQ), NVR (NYSE: NVR), Old Republic (NYSE: ORI), PG&E (NYSE: PCG), Popular (Nasdaq: BPOP), PulteGroup (NYSE: PHM), Quest Diagnostics (NYSE: DGX), Rexford Industrial Realty (NYSE: REXR), Roper (Nasdaq: ROP), Ryder System (NYSE: R), Selective Insurance (Nasdaq: SIGI), Snap-On (NYSE: SNA), SS&C Techs (Nasdaq: SSNC), TTM Tech (Nasdaq: TTMI).

Notable IPOs Today: Davion Healthcare Plc Ordinary Shares (Nasdaq: DAVI), Interpace Biosciences, Inc. Common stock (Nasdaq: IDXG), Forge Nano Holdings Inc. Common Stock (Nasdaq: NANO).

Notable Equity Crowdfunding Campaigns Ending Today: stampfree.ai (Crowdcube).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), U.S. Leading Indicators (10:00 a.m. ET), Fed’s Balance Sheet (4:00 p.m. ET).

An issue with revenue caused Tesla’s $TSLA ( ▲ 3.41% ) stock to fall 3.32% in after-hours trading on Wednesday after the company posted financial results.

Financials: Tesla reported earnings of 48 cents per share in the past quarter, which were better than expected. Revenue was $28 billion, which was below estimates. To make matters worse, automotive revenue fell 3% to $20.5 billion.

Final Thoughts: The stock was already down 11% this year.

Good financial results on Wednesday couldn’t prevent IBM’s $IBM ( ▲ 3.94% ) stock from falling. It declined 4.64% in after-hours trading.

Financials: IBM reported earnings of $2.95 per share in the past quarter and revenue of $17.1 billion. Both were better than expected. But the gross profit margin fell 50 basis points.

Final Thoughts: It’s been a bad year for IBM investors. The stock is down more than 13%.

Driving Forward With AI: GM aims to develop vehicles in as little as two years with AI, software push (CNBC)

Benefiting Coin Holders: Dogecoin wallet, app teams unite in push to give DOGE more everyday uses (CoinDesk)

Potential Bitcoin Giant: Elon Musk's Proposed Tesla-SpaceX Merger Would Forge a Bitcoin Powerhouse (Bitcoin.com)

Jet Fuel Pain: Southwest Airlines Beats Expectations But Slashes Profit Outlook on Rising Fuel Costs (Barron’s)

More Layoffs: EBay to lay off 9% of workforce in push to simplify operations, internal memo shows (Reuters)

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