When one considers the investment case for Tesla (TSLA), one hears about electric vehicles, autonomous vehicles, Optimus humanoid robots, and energy storage. The company's "Megapod" business is not something that is discussed in the annals of Tesla folklore frequently.
But in the company's latest earnings call, CEO Elon Musk explained how it can aid its AI ambitions. Describing it as a data center hardware system to be used for heavy AI compute, Musk commented, "This allows us to scale AI compute with aggregated electricity production. We can place Megapods at Superchargers and have distributed AI."
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#compute #optimus

Hyliion Holdings (HYLN) develops modular power generation systems designed to run on a variety of fuel sources. After spending years under the radar, Hyliion has been attracting fresh investor attention in 2026 as its commercial strategy begins to gain traction. The company has been making headlines for advancing deployments of its KARNO generators, a technology built to deliver reliable, low-emission power across multiple fuel types.
That growing momentum received a major boost this week after Hyliion landed a $41.7 million contract from the United States Office of Naval Research to design, develop, build, test, and deliver 2-megawatt and 3-megawatt KARNO power generation systems. Beyond the immediate revenue opportunity, the award serves as a meaningful endorsement of the company's technology by a key U.S. government agency, potentially opening the door to additional defense and commercial opportunities.
Dear ***** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#karno #fuel #technology

Cathie Wood doesn't mind volatility. The founder, CEO, and chief investment officer of Ark Invest went shopping as many of her existing positions were sinking.
Ark bought more shares of Tesla (NASDAQ: TSLA), **** e Exploration Technologies (NASDAQ: SPCX), and Meta Platforms (NASDAQ: META) last week. The stocks would go on to decline between 7% and 18% for the week. Let's take a closer look at some of Wood's most prolific trades from the past week, each one among the 10 largest companies by market cap.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It's been a **** py road for the world's largest automaker by market cap. Tesla stock has fallen 16% in the final two trading days of last week, after the company posted disappointing financial results. The pullback isn't a fluke. Tesla has now fallen a humbling 37% since peaking seven months ago. Tesla entered this week just 5% away from taking out its 52-week low.
The second-quarter results were problematic. Total revenue rose 26% to $28.2 billion, but that was largely expected. Tesla had announced a 25% jump in vehicles delivered during the last three months three weeks ago. It's commendable that Tesla is growing its flagship business, following back-to-back quarters of sequential declines after the end of federal tax credits for electric vehicles in the third quarter of last year. The report gets worse once you get past the top-line results.

#last #NVIDIA #flashing

With a market cap of $71.5 billion, Synopsys, Inc. (SNPS) is a leading provider of engineering solutions spanning silicon to systems, helping customers accelerate the development of AI-powered products. The company offers industry-leading silicon design, IP, simulation and **** ysis solutions, and design services to enhance R&D productivity and drive innovation across diverse industries.
The Sunnyvale, California-based company is slated to announce its fiscal Q3 2026 results soon. Ahead of the release, **** ysts expect Synopsys to report EPS of $2.67, a 16.1% rise from $2.30 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#earnings #company #design

Every major AI chip story seems to lead back to Arm Holdings (ARM) as the industry's biggest players rely on the company's architecture to build their processors. As ARM gears up for its fiscal Q1 earnings on July 29, investors are eager to see if the company can continue to translate strong demand into sustained growth needed to justify its premium valuation.
Valued at $277.7 billion, Arm Holdings develops the processor technology that powers billions of chips globally, licenses that technology to semiconductor firms, and gets royalties on each chip shipped. The company earns money through licensing revenue and royalty revenue. While historically, Arm's business was dominated by smartphones, today its processors power PCs and laptops, cloud servers, AI data centers, automotive chips, smart TVs, IoT devices, and much more. Thanks to AI, the company now has new growth opportunities in Cloud AI, Edge AI, and Physical AI.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Stock #chip #processors

Micron (MU) stock has multiple strong positive and negative catalysts at this point, making its performance difficult to predict. On the positive side, the memory-chip maker should continue to benefit significantly in the near-to-medium term from the AI boom, and Bank of America recently ******* erted that MU should be boosted by the release of low-cost, open-source AI models made in China. Additionally, the valuation of MU stock remains low.
On the other hand, Alphabet's (GOOG) (GOOGL) technological breakthrough remains a long-term threat for MU, and investors have been unenthusiastic about Micron in recent weeks.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#micron #positive #America #China

September WTI crude oil (CLU26) today is down -6.06 (-6.79%), and September RBOB gasoline (RBU26) is down -0.0679 (-2.10%).
Crude oil and gasoline prices are sinking today, with gasoline falling to a 1-week low. The easing of tensions in the Middle East is weighing on energy prices today after the US and Iran held off on further attacks against each other for a third day, and Iran signaled it would refrain from any retaliation as it held negotiations with Oman over the Strait of Hormuz. Also, President Trump said today that the US paused Iran strikes to give peace talks a chance.
Tesla Missed by 38% But Elon Musk Is Not Worried. Here's What TSLA Investors Should Make of That.
Dear Bloom Energy Stock Fans, Mark Your Calendars for July 28
What Do Monday Morning's Markets Bring to Mind?

#september

With a market cap of $55.3 billion, Ciena Corporation (CIEN) is a global network technology company that provides hardware, software, and services to telecom operators, cloud providers, enterprises, and government organizations across multiple regions worldwide. It specializes in optical networking, routing and switching platforms, automation software, and network support services through segments such as Networking Platforms, Blue Planet Automation, and Global Services.
The Hanover, Maryland-based company is slated to announce its fiscal Q3 2026 results soon. Ahead of the release, **** ysts predict CIEN to report EPS of $1.45, a surge of 253.7% from $0.41 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in each of the past four quarters.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#ahead

If you own Teradyne (TER) stock, or you're thinking about buying it, the last week of July could be critical. Teradyne, the company behind the machines that test AI chips, memory, and networking gear, is about to show investors whether its blistering growth pace from earlier this year can continue. And based on what management has said in recent weeks, there's a lot riding on the answer.
Teradyne has quietly become one of the more interesting AI plays on Wall Street, given it manufactures the equipment that proves AI chips work before they are shipped to data centers. As AI hardware gets more complex, that job is getting bigger and more expensive for customers to skip.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Stock #chips #dear #fans

The S&P 500 Index ($SPX) (SPY) today is up +0.11%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.46%. September E-mini S&P futures (ESU26) are up +0.11%, and September E-mini Nasdaq futures (NQU26) are down +0.40%.
Stock indexes gave up early gains today and are trading mixed, with the Nasdaq 100 falling to a 2.5-month low. The weakness in chipmakers is weighing on the broader market as investors rotate out of semiconductor and AI-infrastructure stocks and into beaten-down sectors, such as software.
Dear ***** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#NASDAQ #Stock #today

Alphabet (GOOGL) beat Q2 EPS estimates by 199% while Tesla (TSLA) missed by 39%, yet both stocks sold off on the same day.
Both companies burned free cash flow, but Alphabet's drain funds a growing cash machine while Tesla's signals compressed automotive unit economics.
Sundar Pichai noted nearly 90% of Fortune 100 companies now use Gemini Enterprise, powering Google Cloud to 82% year-over-year growth.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.
Alphabet (NASDAQ: GOOGL) and Tesla (NASDAQ: TSLA) both reported Q2 results on July 22, 2026, and both got sold. Only one earned it. Google crushed estimates with Cloud accelerating to 82% growth. Tesla missed EPS by nearly 38.51% as operating margin collapsed. Same market reaction, opposite fundamentals.

#free

American Airlines (AAL) shares have inched higher in recent sessions after the airline reported its highest quarterly revenue in company history. Rising demand across domestic and international routes drove a 16.3% year-over-year increase in Q2 sales to $16.7 billion, beating consensus estimates.
Still, American Airlines stock is down about 20% versus its recent high.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#airlines #recent #still

Bloom Energy (BE) investors have a date they should not forget.
The fuel cell maker is set to report second-quarter earnings on July 28, and this one carries extra weight. Bloom just closed its best quarter ever, then followed it up with two of the biggest announcements in company history.
Tesla Missed by 38% But Elon Musk Is Not Worried. Here's What TSLA Investors Should Make of That.
What Do Monday Morning's Markets Bring to Mind?
Crude Oil Prices Plunge as Supply Threats Ease

#energy #july #missed #musk

September U.S. T-Bond futures (ZNU26) present a selling opportunity on more price weakness.
See on the daily bar chart for September U.S. Treasury bond futures that prices are trending down and last week hit a two-month low. Bears have the near-term technical advantage.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Stock #bond #bears

September S&P 500 E-Mini futures (ESU26) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.59% this morning, pointing to a sharply higher open on Wall Street as a slump in oil prices boosted investor sentiment at the start of a busy week.
The price of WTI crude cratered more than -8% on Monday after the U.S. and Iran refrained from attacking each other for a third consecutive night. The Wall Street Journal reported that President Trump has put off a major military escalation against Iran amid efforts to revive diplomacy aimed at reopening the Strait of Hormuz and ongoing debate over the impact of dwindling munitions stockpiles. Mr. Trump has consistently said "he prefers a diplomatic solution, but he continues to retain all options if Iran continues terrorist activities in the Strait of Hormuz or against allies," a White House spokesman said in a statement. Meanwhile, Iran's army said on Sunday that it has suspended its retaliation against U.S. bases and troops in the region following Trump's decision to hold off on strikes.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#september #wall #street #major

Spring, Texas-based Hewlett Packard Enterprise Company (HPE) delivers solutions that allow customers to capture, ****** yze, and act upon data seamlessly. Valued at $63.2 billion by market cap, the company provides servers, advanced storage products, high-performance computing, AI-driven platforms, and more. The global technology leader is expected to announce its fiscal third-quarter earnings for 2026 in the near term.
Ahead of the event, ****** ysts expect Hewlett Packard Enterprise to report a profit of $0.80 per share on a diluted basis, up 128.6% from $0.35 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Share #spring

Cathie Wood, CEO of Ark Invest, is known for her aggressive investment style. Ark Innovation ETF is heavily invested in growth stocks, including Tesla, Tempus AI, and CRISPR Therapeutics. Roughly half of the fund's ******* ets are invested in just 10 companies.
Among the fund's top holdings is ******* e Exploration Technologies (NASDAQ: SPCX). The ******* e stock accounts for around 4.5% of the fund's invested ******* ets.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Immediately after its IPO, ******* eX stock soared well above $200. After a sharp correction, however, shares now trade below their initial IPO price of $135 per share.
Wood capitalized on the correction by purchasing more ******* eX stock. According to reports, she purchased $21.3 million in ******* eX stock across multiple funds as the price fell.

#SpaceX #wood

After another frenetic week in the markets, investors are preparing on Monday to step into a new five-day stretch that might get even busier, with a ream of Big Tech earnings, a Fed decision, and rapidly worsening conditions in the Middle East all front and center.
The S&P 500 (^GSPC) closed out Friday 0.1% in the green, for a loss of 0.6% on the week. The Dow (^DJI) gained 0.6% on Friday to close the week 0.4% down, while the Nasdaq (^IXIC) slid 0.6% on Friday, for a weekly loss of 2.1%.
Earnings from four of the "Magnificent Seven" Big Tech leaders headline the week: Microsoft (MSFT) and Meta (META) on Wednesday, then Apple (AAPL) and Amazon.com (AMZN) on Thursday.
As was true for earnings last week from Alphabet and Tesla, there's one big question looming over the Magnificent Seven's second quarter reports: How much are you spending, and, crucially, what are you getting for it? Can you show real return on investment?
But it's not all about the Magnificent Seven as investors step into the busiest week of the quarter.

#Friday #meta

Chesapeake, Virginia-based Dollar Tree, Inc. (DLTR) operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands. With a market cap of $23.1 billion, the company sells an **** ortment of everyday general merchandise, as well as offers kitchen and dining, toys, books, crafts, cleaning, personal care, glasses, food carriers, gifts, and other household products. The discount retail giant is expected to announce its fiscal second-quarter earnings for 2026 in the near term.
Ahead of the event, **** ysts expect Dollar Tree to report a profit of $1.11 per share on a diluted basis, up 44.2% from $0.77 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#earnings #discount

Both Alphabet and Tesla posted negative quarterly free cash flow, but their profitability, balance sheets and stock swings after earnings show quite different dangers.
Tesla (TSLA) and Alphabet (GOOGL) got the same tough message from Wall Street to start: Investors are no longer prepared to pay for artificial intelligence spending without asking about its cash flow impact.
But their stocks tell two distinct tales presently.
Shares of Tesla sank more than 14% on July 23, while Alphabet slid almost 7% after both companies disclosed negative quarterly free cash flow and detailed plans for increased spending. The selloff also dragged on the broader market, as the Magnificent Seven account for over 30% of the S&P 500's value.
But by July 27, Alphabet was up about 3%, trading near $328.60 in late-morning trading. Tesla was last down about 1.4% at $308.76.

#negative

Tesla (TSLA) is an electric vehicle (EV) and clean energy company led by CEO Elon Musk. Founded in 2003 and based in Austin, Texas, the company designs, manufactures, and sells EVs alongside energy storage and generation products, including Megapack and solar solutions. Tesla operates across two core segments: Automotive — which includes vehicle sales, regulatory credits, and Full Self-Driving (FSD) subscriptions — and Energy Generation and Storage.
Rapidly emerging businesses including Tesla's robotaxi service, Optimus humanoid robots, and artificial intelligence (AI) computing infrastructure are increasingly shaping the company's long-term valuation narrative. That's positioning Tesla as a full-stack autonomous technology and energy platform. Let's take a closer look.
What Do Monday Morning's Markets Bring to Mind?
Dear Bloom Energy Stock Fans, Mark Your Calendars for July 28
Crude Oil Prices Plunge as Supply Threats Ease

#energy #full #vehicle

A judge has ruled that US musician D4vd will go on trial for murder over the death of a teenage girl.
The decision came after a five-day preliminary hearing, in which Los Angeles prosecutors questioned a dozen witnesses and displayed graphic photographic evidence as 14-year-old Celeste Rivas Hernandez's family watched on.
The star, whose legal name is David Anthony Burke, is accused of killing the girl, whose remains were found last September in a Tesla registered to his address.
Burke, 21, has pleaded not guilty to charges of murdering and ******* ually abusing her.
Burke is scheduled to be charged on 31 August. The trial is to start within 90 days of that date.

#d4vd #celeste #anthony

After correcting about 30% since its shares went public in June 2026, **** eX (SPCX) stock may be bound for another round of decline. A lock-up period for pre-IPO shareholders is set to expire on Aug. 6, just days after the company will release its first set of quarterly numbers as a public company.
Approximately 911.5 million shares are set to go for sale at a value of about $116 billion, with potentially more shares coming into the market if certain performance milestones linked to its post-IPO share price are achieved. Meanwhile, liquidity in **** eX is expected to increase by the end of the year when 5.3 billion shares of the company may be available for trading.
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
What a Major Anthropic Chip Deal Really Means for AMD Stock

#Stock #public

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility!
Tesla kicked off earnings season — at least for this sector — and the shareholder letter, along with Elon Musk's remarks during the conference call, provided some pretty incredible disclosures I imagine have some investors concerned, or at least puzzled.
Tesla has backed off previous promises to reach "volume production" of the Cybercab, Tesla Semi, and Megapack 3 in 2026. And while the company has publicly touted expansions of its Tesla Robotaxi service into new cities in Florida and Texas, the quarter-over-quarter data shows a drop in paid robotaxi miles.
Senior reporter Sean O'Kane took a closer look at a graph shared in Tesla's shareholder letter. At a passing glance, the chart appears to show steady growth in paid robotaxi rides between August 2025 and June 2026, O'Kane notes. But the numbers displayed are **** ulative, and when broken down by quarter, they show that Tesla's Robotaxi fleet of Model Y SUVs carrying paying passengers covered around 1.1 million miles in the first quarter. That fell to roughly 700,000 miles in the second quarter, a decline of about 36%.
Musk also disclosed during the call that Tesla needs to accumulate driving data specific to the Cybercab before it can put large numbers of the vehicles on the road. That isn't terribly surprising; the Cybercab is new, after all. But the reason got my attention. He explained that Tesla has to accumulate miles using Cybercabs retrofitted with steering wheels and accelerator and braking pedals so it can calibrate to the Cybercab chassis.

#robotaxi

Amazon (AMZN) has been one of the market's strongest large-cap technology stocks in 2026, helped by rapid growth in Amazon Web Services (AWS), advertising, and artificial intelligence. The company also delivered an impressive first quarter, beating Wall Street estimates.
But the story has recently shifted. Recently, Bloomberg reported that Senate investigators are examining allegations of Chinese influence over Amazon's third-party marketplace, sending AMZN shares down about 4% in a single session.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
What a Major Anthropic Chip Deal Really Means for AMD Stock

#amazon #senate

The MAGS ETF returned 158% since its April 2023 launch but has fallen 4% in 2026 while the S&P 500 gained 8%.
Alphabet, Amazon, Meta, and Microsoft stand out for combining strong cash flows with AI monetization, while Tesla and Apple face steeper growth questions.
Buying the Magnificent 7 as a single basket no longer makes sense, as each stock sits at a different stage of turning AI spending into profit.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The artificial intelligence boom reshaped the stock market faster than almost any investing trend in recent memory. When OpenAI released ChatGPT in late 2022, investors quickly realized AI wasn't another speculative technology story -- it was becoming the next computing platform.

#mags #april

Artificial intelligence has become a market that rewards execution, not promises. Investors have poured hundreds of billions of dollars into companies building AI infrastructure, yet leadership can change quickly when technology shifts or customers choose different suppliers. That makes earnings season especially important because it separates companies making real progress from those still telling turnaround stories.
Intel's (INTC) latest quarterly results showed meaningful progress across the businesses that matter most for AI, helping explain why the stock has climbed 322% over the past year even after retreating 27% from the all-time high it reached last month. Even so, the numbers suggest investors may still find better opportunities elsewhere in the AI ecosystem.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Stock #still

American Airlines Group (AAL) shares tumbled after the carrier warned that surging jet fuel prices are eroding profitability, overshadowing an otherwise stronger-than-expected second-quarter earnings report. While the airline delivered record quarterly revenue and topped Wall Street's earnings estimates, investors focused on sharply higher fuel expenses and a weaker full-year outlook, raising fresh concerns about margin pressure and the stock's near-term trajectory.
Fuel costs have emerged as the key challenge. American said second-quarter fuel expense jumped by more than $2.2 billion, or 83% year-over-year (YOY), although higher ticket prices offset nearly half of that increase. Management expects fuel costs to remain elevated in the third quarter and now forecasts full-year adjusted earnings ranging from a loss of $0.65 per share to a profit of $0.65, a significant reduction from its previous outlook.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#fuel #Stock #prices #full

Elon Musk gave Tesla (TSLA) investors a clearer picture of a key supply issue on July 22. He said Micron (MU) recently gave Tesla a "very significant allocation" of memory chips on "reasonable terms," and added that Micron is "making room for Tesla in the years to come."
Musk also said memory prices across the industry are "pretty insane" and were "the biggest price jump in anything I've ever seen." That matters because this looks like more than a short-term fix.
Dear ***** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
What a Major Anthropic Chip Deal Really Means for AMD Stock

#tesla #Stock #major

London looks set to open in the red on Friday, with tech selling and oil topping $100 a barrel combining to darken the mood heading into the weekend.
Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The blue-chip index faces pressure from two directions: a sharp Wall Street sell-off driven by disappointing Big Tech earnings, and fresh geopolitical anxiety in the Middle East pushing oil prices to triple figures for the first time in months.
US stocks fell heavily overnight, with the Nasdaq leading the way down 2.2% as investors took a dim view of quarterly results from Alphabet and Tesla. The S&P 500 dropped 1.2%, its worst session of the month, while the Dow shed 1%.
The problem wasn't the earnings themselves, according to Swissquote's Ipek Ozkardeskaya; it was the spending. "Earnings themselves were not the problem; spending and evaporating free cash flow were," she said. "Both Alphabet and Tesla stood by their capital investment plans, while Alphabet raised its capex outlook by $15 billion to $205 billion. Meanwhile, free cash flow at both Alphabet and Tesla turned negative in the second quarter."
Ozkardeskaya warned that Big Tech, once defined by being capital-light and cash-heavy, is becoming the opposite: increasingly reliant on equity and debt issuance to finance AI ambitions at a time when interest rate expectations are moving higher.

#tesla #ozkardeskaya