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Although the revenue and EPS for Tesla (TSLA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers...
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Tesla's Q3 results beat market expectations, indicating a moderate market recovery. Read why I reiterate a Strong Buy rating on TSLA stock...
Continue ReadingInvestors always tune into Tesla’s earnings conference call to hear from CEO Elon Musk. “Taking a bit of a risk here…I think 20% to 30% vehicle growth next year” is possible, Musk said. “Our internal estimate is Q2 next year [for Teslas] to be safer than humans,” added Musk...
Continue ReadingIBM beat earnings estimates in its latest quarter. but its 1% revenue gain missed analysts’ forecast...
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Tesla (TSLA) on Wednesday reported mixed earnings for its last quarter, with revenue failing to meet expectations, strong profits, and a renewed promise for more affordable vehicles on the way...
Continue Reading(Reuters) -A Florida mother has sued artificial intelligence chatbot startup Character.AI accusing it of causing her 14-year-old son's suicide in February, saying he became addicted to the company's service and deeply attached to a chatbot it created. In a lawsuit filed Tuesday in Orlando, Florida federal court, Megan Garcia said Character.AI targeted her son, Sewell Setzer, with "anthropomorphic, hypersexualized, and frighteningly realistic experiences". She said the company programmed its chatbot to "misrepresent itself as a real person, a licensed psychotherapist, and an adult lover, ultimately resulting in Sewell's desire to no longer live outside" of the world created by the service...
Continue ReadingIBM stock fell following its Q3 report. IBM's book of business for AI hit $3 billion but overall revenue in Q3 came in light...
Continue ReadingShares of Apple (AAPL) closed down 2.16% on Wednesday after a report that the iPhone maker cut orders for its latest version by millions of units...
Continue ReadingThe company’s stock is lagging the broader market this year but it’s still number one in market cap...
Continue ReadingTesla (TSLA) delivered earnings and revenue surprises of 24.14% and 1.45%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?...
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