Tesla Financial Performance - Tesla's third quarter revenue reached $28.1 billion, exceeding estimates of $26.36 billion, indicating a significant revenue beat [1] - Adjusted EPS was reported at 50 cents, slightly below the expected 54 cents, marking an EPS miss [2][18] - Free cash flow for the quarter was reported at $3.99 billion, significantly higher than the estimated $1.25 billion, representing a 46% year-over-year increase [13][43] Market Dynamics and Product Developments - There is speculation about a pull forward in demand due to the expiration of EV tax credits at the end of September, which may have contributed to the revenue increase [3][8] - New product offerings in the China market, including the Cyber Cab, Tesla Semi, and Mega Pac 3, are on schedule for volume production starting in 2026 [4] - The energy and storage revenue saw a notable increase of 44% year-over-year, outpacing the 6% growth in the auto business [43] Investor Sentiment and Future Outlook - The market response to Tesla's earnings report has been muted, with investors awaiting insights from the upcoming conference call [5][18] - Key areas of focus for investors include updates on autonomous driving, robo-taxis, and the company's strategy in the competitive EV market, particularly in China [5][11][45] - There are concerns regarding the company's ability to maintain demand following the expiration of tax credits and the effectiveness of newly launched lower-priced models [44]

⚡️ LATEST: Google unveiled Quantum Echoes, a new algorithm said to be 13,000 times faster than classical ones, paving the way for advances in AI and science. https://t.co/z8zYYV13J0 ...

Quantum Threat to Bitcoin Grows as Google Reveals Latest Breakthrough► https://t.co/TCN8PBh3YN https://t.co/TCN8PBh3YN ...

I fear our new quantum overlords significantly more than our AI overlords.Ask Perplexity (@AskPerplexity):BREAKING: Google's quantum chip computed a 150-year problem in 2 hours—and proved it.Nature confirmed today: Willow achieved verifiable quantum advantage, meaning physics validates its answers. At 13,000× classical speed with 99.9% fidelity across 105 qubits, it's not just https://t.co/ZOruClvjNa ...

Welcome back to the exchange. Meta partnering with Blue Owl Capital on a 27 billion joint venture agreement to fund and develop the company's massive data center in Louisiana. This move comes just weeks after Meta announced a deal with Coree for up to 14.2% billion worth computing capacity.Now, Cororeweave notably rents Nvidia chips to power that cloud infrastructure. This is just one example of the tangled dealmaking web happening across AI with chipmakers, cloud providers, startups all intertwined and let ...

🚨 JUST IN: 🇺🇸 Google unveils major quantum computing breakthroughIts new algorithm is running 13,000× faster than world’s best supercomputerGoogle says this clears the path for useful applications of quantum technology within 5 yearsBitcoin has to stay ahead of this. https://t.co/aJOsGzv8oD ...

Key TakeawaysDemand for the Federal Reserve's reverse repo operation declined today, with 8 counterparties taking $4.005 billion, down from $4.699 billion and 10 bids previously, signaling less excess liquidity in the financial system.Michelin's CEO affirmed no change to the company's dividend policy, following a 2.2% increase in its 2024 dividend to €1.38 per share, reflecting confidence in its strategic plan.Former President Trump claimed General Motors (GM) and Ford (F) CEOs thanked him for 25% tariffs o ...

While the stock market seems enraptured with artificial intelligence (AI) and semiconductors, the next great thing is just around the corner. Quantum computing provides a significant leap forward in processing power, and there are several companies lining up to bring it to fruition. Quantum computing is different from classical computing because it uses quantum bits, or qubits, that exist simultaneously in multiple states and can handle complex calculations much faster—as traditional computers solve probl ...

Core Insights - Google is experiencing positive momentum in its cloud computing business, with potential new contracts and significant revenue growth expected in the upcoming earnings report [2][3][4] Group 1: Cloud Computing Developments - Google is in negotiations with Anthropic, a competitor of OpenAI, for a cloud computing contract, which could enhance its cloud business [2] - Analysts project a 29% growth in Google Cloud revenue for Q3, estimating it will reach $14.65 billion [3] - New customers for Google Cloud include OpenAI and Meta Platforms, indicating a growing demand for AI computing resources [4] Group 2: Stock Performance - Google stock rose slightly to $251.20, reflecting a 33% increase in 2025 after a period of underperformance [4] - Despite recent fluctuations, Google stock is trading below its all-time high of $256, reached on September 19 [5] Group 3: Quantum Computing Advances - Google CEO Sundar Pichai announced further advancements in quantum computing, building on previous developments in error correction with the "Willow" quantum chip [6] - Quantum computing utilizes qubits, which can exist in multiple states simultaneously, allowing for faster and more complex calculations compared to traditional computers [7][8] Group 4: Stock Ratings - Alphabet's Relative Strength Rating is currently at 90 out of a possible 99, indicating strong performance relative to other growth stocks [9] - The stock holds an Accumulation/Distribution Rating of B+, suggesting moderate institutional buying activity [9] - Google stock has a Composite Rating of 98, reflecting its strong fundamental and technical metrics [10]

Shares of Google higher after announcing a quantum computing breakthrough, adding to buzz for the stock after reports the company's in talks with Anthropic on a multi-billion dollar cloud deal. Our Mackenzie Sagalos has more on that in today's tech check. What a week for Google, Mac.>> Yeah, it really has been. I was talking to one Google investor this morning, Carl. He told me that the quantum breakthrough isn't what's driving the stock.It's the bigger signal here that Google is starting to show signs of r ...