Tesla and Meta Earnings Tonight — Will the Outlook for Crypto Be Bullish or Bearish? My Take on #EarningsSeason
The second session of earnings season has kicked off on Binance Square!
Tonight, October 21, after the market closes, reports from the “Magnificent Seven” companies begin, running from October 22 through November 18.
Tesla $TSLA — Expected revenue: $28 billion
Key focus: 486,000 EV deliveries + energy business growth + margin recovery
Meta $META — Expected revenue: $63.4 billion (up 23.7% year over year)
Key focus: $130 billion to $145 billion in AI spending + launch of the Muse AI agent + ad revenue rebound
Why does this matter for crypto?
Last week, BTC fell 3% and ETH fell 6%, while ETF outflows reached $228 million for BTC and $320 million for ETH. The market is waiting for a catalyst. When $TSLA and $META stocks move, the Nasdaq moves, and BTC follows. AI tokens $FET, $TAO, and $RENDER could rise if the results are strong.
My prediction: Tesla will be neutral to bullish, while Meta will be volatile but beat expectations.
What do you expect? Bullish or bearish?
Please follow
#EarningsSeason #Magnificent7 #TeslaTales $TSLA
The second session of earnings season has kicked off on Binance Square!
Tonight, October 21, after the market closes, reports from the “Magnificent Seven” companies begin, running from October 22 through November 18.
Tesla $TSLA — Expected revenue: $28 billion
Key focus: 486,000 EV deliveries + energy business growth + margin recovery
Meta $META — Expected revenue: $63.4 billion (up 23.7% year over year)
Key focus: $130 billion to $145 billion in AI spending + launch of the Muse AI agent + ad revenue rebound
Why does this matter for crypto?
Last week, BTC fell 3% and ETH fell 6%, while ETF outflows reached $228 million for BTC and $320 million for ETH. The market is waiting for a catalyst. When $TSLA and $META stocks move, the Nasdaq moves, and BTC follows. AI tokens $FET, $TAO, and $RENDER could rise if the results are strong.
My prediction: Tesla will be neutral to bullish, while Meta will be volatile but beat expectations.
What do you expect? Bullish or bearish?
Please follow
#EarningsSeason #Magnificent7 #TeslaTales $TSLA