Group 1: Tech Earnings Overview - The earnings season for major tech companies, particularly the "Magnificent Seven," has commenced, with investors expecting strong guidance for 2026 and evidence of profitability from AI investments in Q4 [1] - Prominent venture capitalist Bill Gurley predicts a correction in the tech sector due to high burn rates among venture-backed companies, which are reportedly losing more money than Uber and Amazon at their peak [2] - The initial tech earnings reports did not meet all investor expectations, although some companies performed well [2] Group 2: Tesla's Performance - Tesla's recent earnings call revealed a more efficient approach, with a focus on future projects like robotaxis and humanoid robots, despite a 16% drop in total deliveries [3] - Elon Musk expressed a vision for a new era of abundance and indicated plans to build a "TeraFab" for semiconductor manufacturing, which will require significant investment [3] - Analysts noted multiple areas of progress for Tesla, including robotaxi and chip design, but expressed concerns that current stock prices may already reflect this success [3] Group 3: Microsoft's Earnings Call - Microsoft's recent earnings call was criticized for being filled with corporate jargon, leading to confusion among investors regarding the company's current projects [4]