Wall Street investors will turn their attention to quarterly earnings from major companies, including Meta Platforms, Tesla, Netflix and SpaceX, in the week beginning October 19, following recent declines in artificial intelligence (AI)-linked and semiconductor stocks.
The results are expected to offer insights into corporate earnings, consumer demand, AI investments and cash generation. Investors will also monitor key US economic indicators, including manufacturing and services activity, consumer sentiment and pending home sales, for clues about the health of the economy.
Meta Platforms (META) is expected to report quarterly earnings of $6.67 per share, representing an 8% decline from the same period last year, according to Wall Street analysts’ estimates.
Revenue is projected to reach $63.18 billion, marking year-on-year growth of 23.3%. The consensus earnings-per-share (EPS) estimate has been revised upwards by 1.5% over the past 30 days.
Tesla, led by Elon Musk, is expected to report its results for the quarter ended September 2026 on October 21, with analysts projecting lower earnings and revenue.