A trader works at the New York Stock Exchange on Oct. 21, 2026.

NYSE

U.S. equity futures slid late Wednesday after investors digested third-quarter earnings from big tech names including Meta Platforms and Tesla.

Dow Jones Industrial Average futures ticked down 0.3%, or 170 points. S&P 500 futures fell 0.5%, and Nasdaq-100 futures dropped 0.7%.

In Asia, markets opened mixed Thursday. South Korea’s Kospi fell 0.67%, while Japan’s Nikkei 225 rose 0.19%. Australia’s S&P/ASX 200 was flat.

Shares of Meta gained 2% in extended trading. The Facebook and Instagram parent delivered a revenue beat along with strong guidance for the current quarter. Meanwhile, Tesla reported a better-than-expected top and bottom line for its third-quarter results. Shares of the electric vehicle maker were last off 3%.

“The quarter showed the AI investment paying off in the core,” said Dan Ives, partner and senior managing director at Yorkville Ives in his post Meta earnings reaction note. Spend is “better controlled than feared,” Ives added as Meta narrowed the range for its full-year data center-related capital expenditures.

The action follows a positive day on Wall Street, with the S&P 500 notching a three-day win streak, while the Dow jumped 360 points. The Nasdaq Composite closed 1% higher, catching a tailwind from SpaceX and Tesla.

Blowout quarterly results from SpaceX fueled investors’ excitement for the artificial intelligence trade, sending shares of Micron Technology and Advanced Micro Devices higher. Also fanning the flames was news from Super Micro Computer, which lifted its fiscal first-quarter revenue outlook.

There was also some focus on Nvidia’s U.S. supply chain agreements Wednesday. The chip giant announced plans to expand global manufacturing capacity to meet growing demand for its accelerated computing and full-stack AI factory platform.

Looking ahead to Thursday, there are a host of companies on deck to report results including Procter & Gamble, Lockheed Martin, Valero Energy and Honeywell.

Investors will also be paying attention to the economic calendar with weekly initial jobless claims set to release Thursday morning.