Midday market update: Meta down 6.00%, Amazon down 4.01%
Meta Platforms led losses among eight focus names as US markets trade today; breadth showed 1 up and 9 down.
Where prices stand
Meta Platforms led losses, falling 6.00%; Amazon fell 4.01%; NVIDIA fell 3.92%; Alphabet fell 2.22%; Microsoft fell 1.52%; Tesla fell 0.91%; JPMorgan Chase fell 0.61%; Apple rose 0.27%. All moves are from the prior close as of Oct 22, 15:31 UTC, according to Finnhub. Breadth showed 10 tracked names with 1 up and 9 down. These eight names are the focus for this MarketAlleys Stocks desk update and US markets trade today.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| NVIDIA | $213.27 | +0.30% | -3.92% | Oct 22, 15:31 UTC | Finnhub |
| Apple | $344.92 | +0.30% | +0.27% | Oct 22, 15:31 UTC | Finnhub |
| Microsoft | $524.85 | -0.14% | -1.52% | Oct 22, 15:31 UTC | Finnhub |
| Amazon | $251.86 | +3.26% | -4.01% | Oct 22, 15:31 UTC | Finnhub |
| Alphabet | $327.34 | -3.71% | -2.22% | Oct 22, 15:31 UTC | Finnhub |
| Meta Platforms | $655.65 | -5.43% | -6.00% | Oct 22, 15:31 UTC | Finnhub |
| Tesla | $382.95 | +5.26% | -0.91% | Oct 22, 15:31 UTC | Finnhub |
| JPMorgan Chase | $333.16 | -0.03% | -0.61% | Oct 22, 15:31 UTC | Finnhub |
In the news
CNBC published a watchlist item titled "Our top 10 things to watch in the stock market Thursday", noting that Meta and Tesla are falling after earnings. Yahoo published an item summarizing a Forbes editor urging the Fed to cut printing, shrink the balance sheet and appreciate the dollar. Yahoo also published an item headlined "TSX futures point lower following Meta, Tesla earnings."
- Our top 10 things to watch in the stock market Thursday — CNBC, Oct 22, 12:51 UTC
- Forbes editor urges Fed to cut printing, shrink balance sheet and appreciate dollar to combat import-driven inflation — Yahoo, Oct 22, 12:50 UTC
- TSX futures point lower following Meta, Tesla earnings — Yahoo, Oct 22, 12:34 UTC
- All It Takes Is 1,220 Shares of Nike Stock to Generate $2,000 a Year in Dividends. Is It Worth It? — Yahoo, Oct 22, 11:50 UTC
What to watch
After the close on Thu Oct 22 (after the close), NEM Q3 2026 earnings, OMC Q3 2026 earnings, BWMX Q3 2026 earnings, WDC Q1 2027 earnings and FIX Q3 2026 earnings are scheduled. Before the open on Fri Oct 23 (before the open), AXP Q3 2026 earnings and SLB Q3 2026 earnings are scheduled, with BAH Q2 2027 earnings also scheduled before the open.
- Thu Oct 22 (after the close) — NEM Q3 2026 earnings · EPS estimate 2.11
- Thu Oct 22 (after the close) — OMC Q3 2026 earnings · EPS estimate 2.66
- Thu Oct 22 (after the close) — BWMX Q3 2026 earnings · EPS estimate 11.31
- Thu Oct 22 (after the close) — WDC Q1 2027 earnings · EPS estimate 4.13
- Thu Oct 22 (after the close) — FIX Q3 2026 earnings · EPS estimate 13.00
- Fri Oct 23 (before the open) — AXP Q3 2026 earnings · EPS estimate 4.53
Sources and data
- CNBC (secondary source) — Our top 10 things to watch in the stock market Thursday
- Yahoo (secondary source) — Forbes editor urges Fed to cut printing, shrink balance sheet and appreciate dollar to combat import-driven inflation
- Finnhub (market data) — market data
Market data as of Oct 22, 15:31 UTC; report generated Oct 22, 15:31 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.
Federal Reserve (Fed)
The US central bank, with a dual mandate of maximum employment and stable prices.
Inflation
The rate at which the general level of prices rises over time, reducing what money can buy.
Dividend
A cash payment (or occasionally extra shares) a company distributes to shareholders out of its profits.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Oct 22, 2026, 03:33 PM UTC)
- Yahoo (secondary, retrieved Oct 22, 2026, 03:33 PM UTC)
- Finnhub (market-data, retrieved Oct 22, 2026, 03:33 PM UTC)
Market data as of Oct 22, 2026, 03:31 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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