Tesla's adjusted earnings fell to US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates, as spending on AI and robot initiatives surged to US$5.8 billion, resulting in the company's …
Google reported negative free cash flow of $5.9 billion in the second quarter, the first time in decades, as capital expenditures on AI data centers and hardware surged. The company raised its full-ye…
Elon Musk said Tesla's new Terafab facility in Austin is 'necessary' to scale production of the Optimus robot by consolidating lithography, logic, memory, packaging, and testing under one roof to acce…
Tesla missed analysts' profit forecasts for the second quarter and reported negative free cash flow for the first time in over two years as Elon Musk's AI spending surged. Adjusted profit was 33 cents…
Tesla's Q2 2026 revenues rose 26% to $28.2 billion, but operating expenses surged 47% to $4.4 billion, squeezing net income to $1.1 billion—down 5% year over year—as CEO Elon Musk spends heavily on AI…
Tesla delivered a record 480,126 vehicles in Q2 2026, but revenue fell 12% to $22.5 billion and operating income plunged 42% to $0.9 billion, missing earnings per share consensus of $0.42 with $0.40. …
Tesla reported $28.2 billion in Q2 2026 revenue, up 26% year over year, but net income fell 5% to $1.11 billion, missing profit expectations. The company posted negative free cash flow of $1.1 billion…
The United States government has committed $5 billion to advance artificial intelligence in scientific research under the Genesis Mission, an initiative directed by the White House Office of Science a…
Elon Musk announced on X that Grok Imagine will produce a full-length movie of Homer's The Odyssey by the end of 2026, sharing a three-minute AI-generated clip that critics describe as visually flawed…
Stanford University's 2026 AI Index Report reveals that while AI models excel at abstract logic, they often fail at basic spatial reasoning, such as reading an analogue clock correctly only half the t…
Tesla will report second-quarter earnings after the closing bell Wednesday, with investors focused on updates about robotaxis, humanoid robots, and a potential SpaceX-Tesla merger. Cantor Fitzgerald a…
Automakers are adapting their electrification technologies to the home energy business, with Ford offering a new setup that allows drivers of certain F-150 models to plug their vehicle directly into t…
SpaceX and xAI are building an 11-million-square-foot satellite factory in Bastrop, Texas, called Gigasat, to produce orbital data centers for AI computing, targeting 1 gigawatt of annual orbital AI c…
Alphabet's Q2 earnings are expected to show that AI is not the whole game for the company, according to Fundstrat economic strategist Hardika Singh, as investors await results from the Magnificent Sev…
Dow Jones futures dipped and tech stocks fell as oil prices jumped, while an AI server play soared ahead of Google and Tesla earnings.…
U.S. stock index futures dipped on Wednesday, pressured by weakness in chip stocks, as investors remained cautious ahead of Big Tech earnings from Alphabet and Tesla that could determine whether Wall …
Tesla is set to report second-quarter earnings after the closing bell on Tuesday, with investors eyeing updates on AI initiatives and a possible SpaceX merger. Shares are down 16% year to date after r…
Elon Musk said Tuesday that SpaceX will feed its internal engineering data into the next major training run for Grok, the AI model now folded into SpaceX following February's merger, excluding materia…
Nvidia disclosed a $4B+ passive stake in neo-cloud startup Nebius, sending its stock up 18.8%, as the Nasdaq led a strong market session with a 1.9% gain driven by a semiconductor rally. Oracle faces …
Tesla has expanded its Bay Area ride-hailing service to include pickups and drop-offs at San Francisco International Airport (SFO), effective July 21, 2026. The service uses Model Y vehicles with Full…