{
  "id": 15956073,
  "title": "Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment",
  "url": "https://urgent.news/2026/10/21/nasdaq-leads-wall-street-gains-as-spacex-super-micro-boost-ai",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-21T21:33:53.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/companies-markets/nasdaq-leads-wall-street-gains-as-spacex-super-micro-boost-ai-sentiment"
  },
  "original_language": "en",
  "account": "On October 21, the tech-focused Nasdaq led Wall Street to a higher close as gains from SpaceX and Super Micro Computer boosted investor enthusiasm for artificial intelligence-related stocks. SpaceX, under Elon Musk's leadership, posted its first profit as a public company, increasing its shares by 7.8%. Musk suggested a potential merger between SpaceX and Tesla, which also lifted Tesla shares. Super Micro Computer's shares surged 9.6%, surpassing Wall Street's revenue and profit margin expectations, signaling continued resilience in AI demand. HPE and Dell also saw gains of 3.7% and 5.3%, respectively, following positive earnings results. The technology sector's recovery came after a week of heavy losses due to a selloff in AI-linked stocks, with CoreWeave being a notable example. Despite the positive AI news, sentiment in the tech market could change rapidly, and investors will continue to monitor earnings reports from other companies. Meta's quarterly results contributed to a 3% rise in its shares following the market close, while Tesla's stock climbed 1.6% after its report. The Dow Jones Industrial Average rose 0.69%, the S&P 500 gained 0.58%, and the Nasdaq Composite increased by 1.05%. However, communication services stocks underperformed, with AT&T and Verizon Communications experiencing losses due to concerns about competitors in the telecom sector. The S&P 500's IT index finished the day up 1.6%, the highest-gaining sector among the S&P 500's 11 major industry groups.",
  "summary": "The Dow Jones Industrial Average rose 360.21 points, or 0.69%, to 52,856.09.",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/15956073.png",
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Nasdaq climbs over 1% as SpaceX, Super Micro improve AI sentiment",
        "url": "https://urgent.news/2026/10/21/nasdaq-climbs-over-1-as-spacex-super-micro-improve-ai-sentiment",
        "published": "2026-10-21T16:57:03.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Nasdaq climbs over 1% as SpaceX, Super Micro boost AI sentiment",
        "url": "https://urgent.news/2026/10/21/nasdaq-climbs-over-1-as-spacex-super-micro-boost-ai-sentiment",
        "published": "2026-10-21T18:54:20.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment",
        "url": "https://urgent.news/2026/10/21/nasdaq-leads-wall-street-gains-as-spacex-super-micro-boost-ai-15961024",
        "published": "2026-10-21T21:45:24.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment",
        "url": "https://urgent.news/2026/10/21/nasdaq-leads-wall-street-gains-as-spacex-super-micro-boost-ai-15959218",
        "published": "2026-10-21T21:50:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}