Global Business News — October 22, 2026 — Midday Update — Last 12 Hours (Pacific Time)
Earnings season dominates as companies report strong revenue growth amid margin pressure from fuel and inflation costs. Major capital moves include Eli Lilly's $5B Virginia pharma facility groundbreaking, Lockheed Martin's 10-year F-35 production framework, and Cheniere's long-term LNG supply deal w
Mortgage Rates - 30 Yr. Fixed: 7.36% — October 22, 2026 — Today (Pacific Time)
US mortgage rates for October 22, 2026: 30-Yr Fixed at 7.36% (-0.04% daily, +0.03% weekly). 15-Yr Fixed at 7.00%. Full rate table and trends inside.
Stock Market News — October 22, 2026 — Morning Update — Last 12 Hours (Pacific Time)
Nasdaq plunges 2%+ as AI spending skepticism overwhelms earnings beats from Meta, Tesla, IBM, and Lam Research—investors demand proof that massive capex translates to returns. Global selloff spreads to China's CSI 300 and Europe as short sellers pocket $6B betting against neocloud stocks.
Stock Market News — October 21, 2026 — Evening Update — Last 12 Hours (Pacific Time)
Meta beat Q3 estimates with strong ad growth and approved a new share class for AI investment, but Tesla's mixed results and cautious outlook weighed on sentiment, dragging Asian chipmakers lower overnight. SpaceX's blowout earnings and Musk's merger hint lifted the Nasdaq ~1%, though after-hours fu
Earnings Reports — October 21, 2026 — After Hours — Last 16 Hours (Pacific Time)
Meta crushed earnings with a $3.83 EPS beat, while IBM and SAP also impressed with strong guidance, driving semiconductor and software optimism. However, Las Vegas Sands and Rollins disappointed with double misses, signaling weakness in gaming and pest control sectors despite an overall bullish earn
Insider Trading Signals — October 21, 2026 — After Hours — Last 16 Hours (Pacific Time)
Insider trading signals show heavy selling pressure over the past 16 hours, with sales outpacing purchases 20-to-1 by dollar value. Key bearish signals include United Therapeutics CEO Martine Rothblatt's $5.26M stock sale and a coordinated four-insider sell-off at Ginkgo Bioworks involving the CEO,
Earnings Hints & Reports — October 20, 2026 — Midday Update — Last 12 Hours (Pacific Time)
Hasbro surged on a massive EPS beat, RTX climbed with a $0.48 upside surprise, and Iridium posted an extraordinary $0.64 beat, leading Q3 earnings season with defense and industrials outperforming while guidance caution weighs on some results.
Stock Market News — October 20, 2026 — Morning Update — Last 12 Hours (Pacific Time)
Wall Street staged a midday reversal Tuesday as healthcare stocks surged and oil prices retreated, though the AI infrastructure trade continued unraveling with CoreWeave hitting a 52-week low and South Korean firm Elice plunging 28% on debut. Salesforce's $5.66 billion Braze acquisition and strong e