SpaceX reported a 161% year-on-year revenue surge to $14.58 billion in Q3, driven by AI and Starlink growth. Net income reached $4.4 billion, while shares jumped over 8% after earnings. Elon Musk also backed evaluating a potential SpaceX-Tesla merger.

Reliance Industries Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming Indias largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor Indias Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,065–1,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23.

L&T Technology Services shares surged nearly 15% on Oct 21 after stronger than expected second quarter results. Net profit rose 53.7% to ₹548.2 crore, while revenue growth and margins exceeded estimates. IDBI Capital, Anand Rathi and Equirus upgraded the stock, citing improved performance and growth opportunities in artificial intelligence

Jio Platforms IPO is subscribed 1.51x overall on Day 1 (21 October 2026), crossing the fully subscribed mark. QIB category leads strongly at 4.13x; Employee quota is at 0.95x, while Retail (0.44x) and NII segments (bHNI 0.74x, sHNI 0.47x) are yet to reach full subscription. The issue is priced at ₹1,065–₹1,119 per share with a minimum bid quantity of 12 shares, and closes on 23 October 2026. Jio Platforms reported revenue from operations of ₹1,46,885.30 crore and PAT of ₹30,049.10 crore in FY202

The company now expects revenue of $18.5 billion to $19.5 billion, up from its earlier guidance of $14.5 billion to $15.5 billion. The new midpoint is around $4 billion above the previous midpoint. (Sources: BigGo Finance, TradingView) Super Micro raises Q1 revenue forecast to $19.5 billion

Short-term Bitcoin whales’ unrealized profit fell from a record $9. 8B to $4. 6B as 10. 6K BTC hit exchanges on Oct 20. What it means for the market

Indian IT stocks rally up to 15 per cent as strong Q2 earnings lift sentiment, while Jefferies sees potential for a valuation re-rating in Infosys and TCS., Markets, Times Now

General Motors shares are down over 5% on Wall Street at $78.32, despite quarterly results that topped expectations and the announcement of a new share buyback program. Investors appear disappointed...