Feng Huang Wang·2025-10-21 22:25Market Overview - The Dow Jones index rose by 0.47% to close at 46,924.74 points, while the S&P 500 remained flat at 6,735.35 points, and the Nasdaq index fell by 0.16% to 22,953.67 points [2] - Gold experienced a significant drop of 5.7%, marking its largest single-day decline since 2013, while silver prices fell by 8.7%, the largest drop since 2021 [2] Company Performance - Coca-Cola and 3M reported earnings that exceeded Wall Street expectations, leading to stock increases of 4.1% and 7.7%, respectively, which supported the rise of the Dow [2] - General Motors saw a substantial increase of 14.9% after raising its full-year earnings guidance and surpassing market expectations [2] Earnings Reports - As of last week, 86% of companies reported earnings that exceeded expectations, indicating a strong start to the third-quarter earnings season [3] - Netflix reported third-quarter revenue of $11.51 billion, a year-over-year increase of 17.2%, with a net profit of $2.547 billion [6] - Texas Instruments reported third-quarter revenue of $4.74 billion, a 14% year-over-year increase, but its stock fell over 8% after earnings fell short of expectations [7] Technology Developments - OpenAI launched a new AI-driven web browser called ChatGPT Atlas, which competes directly with Google Chrome, allowing users to interact with ChatGPT on any webpage [4] - Apple is facing delays in the development of an 18-inch foldable iPad, with potential release pushed to 2029 due to engineering challenges [5] - Microsoft CEO Satya Nadella's total compensation for the 2025 fiscal year is reported to be $96.5 million, including $84.2 million in stock awards [8]