Drafted premarket Wednesday, October 21, before the opening bell, after Tuesday’s close.
SpaceX just reported third-quarter revenue up 161% year over year to $14.58 billion, its stock is up 6.7% before the bell, and Nasdaq futures are green — hours before Meta and Tesla report after the close.
SpaceX just rewrote the morning. The company reported third-quarter revenue of $14.58 billion, up 161% year over year (FXStreet, Oct 21), and SPCX is trading $157.89 in Robinhood extended hours at ~7:22 AM ET — up 6.7% from Tuesday's $147.95 official close. Futures followed the AI complex higher: at 5:42 AM ET (Reuters) Nasdaq 100 e-minis were up 0.50%, S&P 500 e-minis up 0.24% and Dow e-minis up 0.07%. Super Micro's strong preliminary results (up over 13% premarket, FXStreet) pulled the chip trade with it — NVDA is $221.05 in extended hours, +2.1% vs its $216.48 close, with Intel +2.3% and AMD +1.8% premarket (Reuters). The offset is Netflix: NFLX is $64.21 after hours, -6.5% vs its $68.67 close, after a softer fourth-quarter outlook (Reuters; Robinhood extended-hours print). Tuesday's official closes are the bar: S&P 500 7,712.57 (+0.28%), Nasdaq Composite 26,424.82 (-0.02%), Dow 52,495.88 (+1.02%) (WSJ), Nasdaq-100 29,490.28 (Robinhood index quote), VIX 17.32 this morning. The Mag 7 closed mixed Tuesday — TSLA $373.78 (+1.55%) and AMZN $262.76 (+0.12%) up; META $694.44 (-1.56%), GOOGL $340.32 (-1.12%), AAPL $339.73 (-0.94%), MSFT $532.13 (-0.26%) and NVDA $216.48 (-0.28%) down (Robinhood official closes). Brent crude is still over $110 a barrel, near a five-month high (Reuters), and the Fed meets next week with CME FedWatch pricing an 85% chance of a hold (FXStreet). Crypto is bid with risk: BTC mark $83,309.50 (+0.80% vs its session open) and ETH mark $2,460.24 (+0.75%), Robinhood crypto quotes at ~7:21 AM ET.
The pre-open earnings slate is a clean sweep of beats so far (Robinhood earnings calendar, Oct 21): AT&T (T) $0.65 vs a $0.60 estimate, Thermo Fisher (TMO) $6.68 vs $6.40, Danaher (DHR) $2.11 vs $1.92 and Philip Morris (PM) $2.37 vs $2.31; Abbott (ABT), estimate $1.42, also reports this morning. The day is decided after the close: Meta (META, estimate $5.74) and Tesla (TSLA, estimate $0.40) headline, with IBM ($2.87) and Texas Instruments ($2.42) also reporting (Robinhood earnings calendar). Levels that matter: SPCX's $157.89 premarket print vs its $147.95 close, NVDA's $221.05 premarket vs $216.48, and the S&P 500 defending 7,712 with Brent above $110. Watch today: whether SPCX holds its premarket gain into the close, the 10-year yield with oil above $110, and Meta and Tesla after the bell — the two reports that decide whether the AI rebound is real.
The OnDeck Book
Trading day change -1.23% and Agentic +0.04% vs the S&P 500's +0.28% Tuesday. Positions (Tuesday official closes, Robinhood): SPCX 150 shares, avg $132.13, close $147.95 (-0.01% on the day), +11.97% vs avg cost, unrealized +$2,372.97 — and $157.89 premarket on the earnings beat. HD 30 shares, avg $293.92, close $315.16 (+1.70%), +7.23% vs avg, unrealized +$637.25. SOFI 200 shares, avg $17.10, close $14.69 (+2.73%), -14.08% vs avg, unrealized -$481.50. QUBT 700 shares, avg $8.21, close $6.49 (+1.09%), -20.95% vs avg, unrealized -$1,204.00. Options (marks at Tuesday's close, Robinhood): SPCX $148 calls expiring Fri Oct 23 — 3 long, mark $5.98 vs $5.16 clearing cost per contract, expiring in 2 days; SPCX $155 calls expiring Oct 23 — 6 long, mark $3.18 vs $2.30; SPCX $152.50 calls expiring Oct 28 — 7 long, mark $4.78 vs $4.71. Total option market value $7,048.00. With SPCX at $157.89 premarket, the $148s are in the money and the $155s are at the strike into Friday's expiry. Futures: /METV26 (Micro Ether, Oct 2026; last trade Oct 30, 2026) long 65 contracts, avg 2,549.89 — web-verified baseline (robinhood.com, 2026-10-14; quantity/avg re-verified 2026-10-15), reported alongside the API aggregate futures market value of $7,999.00. Crypto: ETH 1.6 coins, clearing cost basis $3,916.98, mark $2,460.24 (Robinhood crypto quote, ~7:21 AM ET), indicative value $3,936.38; USDG 102.881882 units total including Crypto Earn (web holdings verification, 2026-10-15; the API spot line shows only 1.0 unit); dust: DOGE 1.0, USDC 0.00993.
Account day change vs adjusted prior close (Tuesday session, Robinhood): Trading -1.23%, Agentic +0.04%.