Meta leads megacap declines on Friday
Meta Platforms fell 2.43% while Microsoft and Alphabet also slipped; JPMorgan Chase was the largest gainer as US markets traded at Oct 16, 16:00 UTC.
Where prices stand
Meta Platforms traded at $718.85 and fell 2.43% from the prior close, the largest move among the focus names. Microsoft traded at $528.45 and fell 2.04% from the prior close. Apple traded at $345.18 and rose 0.93% from the prior close. JPMorgan Chase traded at $341.61 and rose 1.81% from the prior close. NVIDIA traded at $217.31 and was little changed from the prior close. Amazon traded at $253.11 and fell 0.65% from the prior close. Alphabet traded at $344.14 and fell 1.45% from the prior close. Tesla traded at $357.40 and fell 1.39% from the prior close. As of Oct 16, 16:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| NVIDIA | $217.31 | -5.75% | +0.04% | Oct 16, 16:00 UTC | Finnhub |
| Apple | $345.18 | +0.46% | +0.93% | Oct 16, 16:00 UTC | Finnhub |
| Microsoft | $528.45 | +3.22% | -2.04% | Oct 16, 16:00 UTC | Finnhub |
| Amazon | $253.11 | +0.28% | -0.65% | Oct 16, 16:00 UTC | Finnhub |
| Alphabet | $344.14 | +0.27% | -1.45% | Oct 16, 16:00 UTC | Finnhub |
| Meta Platforms | $718.85 | +2.20% | -2.43% | Oct 16, 16:01 UTC | Finnhub |
| Tesla | $357.40 | -3.35% | -1.39% | Oct 16, 16:01 UTC | Finnhub |
| JPMorgan Chase | $341.61 | +1.24% | +1.81% | Oct 16, 16:01 UTC | Finnhub |
In the news
CoinDesk ran a story headlined "Tokenized Tesla surges as Elon Musk unveils SpaceX-powered flying Roadster prototype." Yahoo published live coverage titled "Stock Market Today: Dow Rises As Yields Rebound; Apple, Tesla Stock Gain Ground (Live Coverage)."
- Tokenized Tesla surges as Elon Musk unveils SpaceX-powered flying Roadster prototype — CoinDesk, Oct 16, 10:48 UTC
- Stock Market Today: Dow Rises As Yields Rebound; Apple, Tesla Stock Gain Ground (Live Coverage) — Yahoo, Oct 16, 13:50 UTC
- Quantum Computing Is Still Years Away. These 6 Stocks Show Who Is Closest to Real Revenue. — Yahoo, Oct 16, 13:39 UTC
- EQX Labs Plans Zero-Fee Tokenized U.S. Stocks on Hyperliquid, Challenging Rival Issuers — Yahoo, Oct 16, 11:50 UTC
What to watch
GE Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 2.06. CLF Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 0.19. FITB Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 0.97.
- Mon Oct 19 (before the open) — GE Q3 2026 earnings · EPS estimate 2.06
- Mon Oct 19 (before the open) — CLF Q3 2026 earnings · EPS estimate 0.19
- Mon Oct 19 (before the open) — FITB Q3 2026 earnings · EPS estimate 0.97
Sources and data
- CoinDesk (secondary source) — Tokenized Tesla surges as Elon Musk unveils SpaceX-powered flying Roadster prototype
- Yahoo (secondary source) — Stock Market Today: Dow Rises As Yields Rebound; Apple, Tesla Stock Gain Ground (Live Coverage)
- Finnhub (market data) — market data
Market data as of Oct 16, 16:01 UTC; report generated Oct 16, 16:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CoinDesk (secondary, retrieved Oct 16, 2026, 04:04 PM UTC)
- Yahoo (secondary, retrieved Oct 16, 2026, 04:04 PM UTC)
- Finnhub (market-data, retrieved Oct 16, 2026, 04:04 PM UTC)
Market data as of Oct 16, 2026, 04:01 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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