AI STOCKS KEEP GOING DOWN | Meta x Tesla x SPCX x Netflix Earnings

The Investor Channel • 8 days ago

Original source

What This Video Is About

The video discusses the weekly recap of major tech companies, including their earnings reports, new product announcements, and partnerships. The companies covered include Meta, Apple, Amazon, Netflix, Nvidia, Google, Microsoft, OpenAI, Tesla, and SpaceX.

Major Ideas Discussed

  • Meta's shares fell by over 8% after announcing Q3 earnings with revenue of $64.6 billion, and introduced Muse AI agents with 10 million people setting up personal agents.
  • Apple's shares rose to an all-time high, and the company announced new MacBook Pro laptops and a potential touchscreen MacBook Pro.
  • Amazon's shares slid by 3%, and the company is boosting holiday hiring plans by 20% to 300,000 workers.
  • Netflix's shares hit a 52-week low, and the company announced Q3 earnings with revenue of $12.9 billion.
  • Nvidia's shares fell by 2%, and Jensen Huang stated that scarce capital is holding back Neoclouds' growth.
  • Google's shares slid by 6%, and the company is hosting OpenAI models on Google Cloud.
  • Microsoft's shares fell by 1%, and the company is revamping Xbox plans with a handheld device and next-generation Xbox.
  • OpenAI secured $30 billion in funding, valuing the company at $1.25 trillion, and launched a decision API with 10x faster AI decisions.
  • Tesla reported Q3 earnings with revenue of $28 billion, and there is a potential deal with SpaceX to merge the two companies.
  • SpaceX reported earnings with revenue of $14.6 billion, and is planning to launch cellular service with 80,000 cell sites across the US.

What to Watch Next

The video suggests keeping an eye on the upcoming earnings reports from Amazon, Microsoft, and Google, as well as the potential merger between Tesla and SpaceX, and the development of new products and technologies in the tech industry.