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Wall Street closes higher as AI stocks rebound on strong earnings

invezz.com (Swedish) — October 21, 2026 at 09:01 PM UTC

Wall Street closed higher on Wednesday as strong quarterly results from SpaceX and Super Micro Computer revived investor appetite for AI-related stocks, while a disappointing forecast from Netflix weighed on its shares. The Nasdaq Composite rose 1.05% to 26,702.86. The S&P 500 gained 0.58% to 7,757.22, and the Dow Jones Industrial Average advanced 0.69% to 52,856.09. SpaceX shares jumped 7% on a 161% revenue increase and first profit as a public company, while Super Micro rose over 9% after forecasting quarterly revenue and margins above expectations, signaling resilient demand for AI servers. The broader tech sector benefited, with the Philadelphia Semiconductor Index up 1.96% and AMD and Nvidia gaining nearly 4% and over 2%, respectively. Netflix fell 5.3% on weak fourth-quarter guidance and lowered ad revenue outlook, while concerns persist about the long-term profitability of massive AI infrastructure investments.

With a significance score of 2, this news ranks in the top 26% of today's 32437 analyzed articles.

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[4.3]

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[4.2]

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[3.9]

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1d 2h

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[3.8]

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[3.7]

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[3.6]

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[3.5]

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[3.4]

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[3.4]

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[3.4]

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1d 8h

[3.3]

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[3.2]

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[3.1]

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[3.1]

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[3.1]

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[3.0]

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[3.0]

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1d 11h

[3.0]

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[2.9]

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[2.9]

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[2.9]

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[2.8]

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[2.8]

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[2.7]

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[2.6]

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[2.5]

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[2.5]

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[2.5]

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[2.4]

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[2.4]

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[2.4]

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[2.4]

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[2.3]

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[2.3]

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[2.3]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.1]

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[2.1]

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[2.1]

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[2.0]

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[2.0]

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[2.0]

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[2.0]

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[1.9]

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[1.8]

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[1.8]

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[1.7]

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[1.7]

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[1.7]

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[1.7]

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[1.7]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.5]

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[1.5]

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[1.5]

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[1.5]

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[1.5]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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[1.3]

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[1.3]

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[1.3]

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[1.3]

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[1.3]

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[1.3]

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[1.2]

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[1.2]

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[1.1]

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[1.1]

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[0.9]

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[0.8]

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