Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data amid the government shutdown, the weakening labor market, and why it could be harder to find a job now if you get laid off. DraftKings CEO Jason Robins discusses sports betting, the company's weaker-than-expected third quarter earnings report, and why the company cut its revenue forecast. For more Market Catalyts, ...

Betsy, great to have your perspective here this morning because we've got a lot of conflicting jobs data. So, how do we know what's going on and what's your assessment of what's going on in the labor market. >> Well, I the first thing is we can't pretend uh that we're not missing data because the the federal government data that we're missing is a really important piece of this.Um it's great that we have the ADP data. Uh keep in mind ADP is a huge business. They have almost a half a million companies that r ...

Chip Production & Capacity - The company faces a chip shortage, even with optimistic supplier projections [1] - Building a "gigantic chip fab" is considered a potential solution to meet the required chip volume [2] Tesla AI Chip Design (AI5) - The company is heavily invested in designing its own chips, crucial for functional robots [2] - The AI5 chip is designed to be inexpensive and power-efficient [3] - The AI5 chip is expected to consume approximately 33% of the power compared to an Nvidia Blackwell chip [3] - The AI5 chip is expected to cost less than 10% of the cost of an Nvidia Blackwell chip [3] - The AI5 chip is specifically optimized for the Tesla AI software stack, not intended as a general-purpose chip [3]

We had over 275,000 people when I joined and we have a little over 210,000 today. It's likely we'll have less headcount as we look forward both because of just our continuing opportunities to get more efficient. We'd like to do as much of it through attrition as possible.So we try and be very conscious about where do we see efficiencies coming. Where do we have too much process in place. And then as we have attrition in those areas, try and force ourselves to not rehire so we don't have to have people who w ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, Tesla shareholders backing Elon Musk's trillion dollar pay package. In response, the billionaire made some big predictions about what the company will achieve in the years to come. Musk touted the company's humanoid robot, Optimus, which he said will one day be able to perform surgery and even establish bases on the moon and Mars.He also said Tesla's car business will ...

Tesla Shareholder Meeting & Executive Compensation - Tesla shareholders approved Elon Musk's $1 trillion pay package with over 75% support among voting shares [1][2] - The approved pay package requires Musk to achieve high-end milestones, including producing 20 million cars and developing robots [3] - Shareholders approved Tesla's investment in XAI, but the board will re-evaluate the decision due to a number of abstaining votes [4][6] Tesla's Future Strategy & Robotics - Elon Musk believes Tesla's robotics initiatives, particularly the Optimus robot, will be bigger than the company's car business [8] - Tesla plans to scale up Optimus assembly at both Fremont and Giga Austin [3] - The production target for the Cybercab is set for April 2026 [3] - Ark Invest believes the humanoid robot opportunity is an order of magnitude larger than robo taxi and supports continued investment in this area [11] Robo Taxi & Autonomous Driving - Tesla is expected to activate a fleet of robo taxis in the US, potentially creating a natural monopoly with inexpensive point-to-point mobility [14] - Tesla's robo taxi service is projected to generate hundreds of billions of dollars in cash flow [14] - Tesla's scale advantage, producing 2,000 vehicles per day from its Austin factory, will give it an edge over competitors like Waymo [18] Cryptocurrency & Investment Strategy - Arc Invest has lightened its Bitcoin position due to the impact of stablecoins on the market [24] - Stablecoins offer an alternative to Bitcoin for individuals in emerging markets seeking protection against unstable currencies [26] - Arc Invest maintains a five-year outlook on Bitcoin, viewing it as a better mechanism for storing and transmitting value [29][30]

We always have to be cautious at reading too much into any one report and that's going to be even more the case when we have a government shutdown that we're not getting the data that we need to make monetary policy in the context of the overall picture of the job market. It seems like the pre-existing trends that were in place before the government shutdown labor market seem to be continuing uh you know at at a similar rate. You continue to see modest potential overall job creation.and you continue to see ...

Fed Independence & Political Influence - The president believes in Fed independence but will express his opinions freely [1] - Every president likely desires lower interest rates, even if higher rates benefit the long-term economy, due to potential negative impacts on the next election [2] Potential Future Actions - The market is waiting to see who the president will pick as Fed chair [1]

Every human on Earth is gonna want to have their own personal R2-D2 C3PO. But but actually Optimus will be even better than that. R2-D2.It's kind of would beep at you and it's kind of hard to figure out what he's talking about. You know, you need C3PO to translate. But Optimus is going to be everyone's going to want one.I I I think there could be tens of billions of Optimus robots out there. The scale of of of Optimus, like I said, that's really going to be something else. I think it's going to be the bigge ...

finally on the 2025 CEO performance award to our founder and CEO Elon Musk with over 75% voting in favor approved. Um I'd like to take thank the Tesla board for their immense support. We have a fantastic board, fantastic group of shareholders. ...