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Closed: Oct 21, 16:00:00 (EDT)
  • SpaceX and Tesla Form Merger Exploration Committee That Excludes Elon Musk

    Motley Fool·
    - Tesla and SpaceX have formed independent director committees to explore a potential merger, with CEO Elon Musk excluded from discussions due to conflicts of interest. - The proposed combination aims to integrate Tesla's vehicle, robot, and AI deployment capabilities with SpaceX's rocket, satellite, and Super Intelligence infrastructure. - Potential obstacles include massive capital requirements for AI investments, valuation concerns, and the need for independent committee and shareholder approval.
  • Tesla Says 75% Of New Car Buyers Subscribe To FSD In North America

    InsideEVs·
    - Tesla reported that 75% of its new car buyers in North America purchased its Full Self-Driving (FSD) subscription last quarter. - The automaker reached 1.74 million FSD subscribers globally, with over 50% choosing ongoing monthly subscriptions over one-time purchases. - This high attach rate drove Tesla's largest vehicle order backlog in 4 years and contributes significantly to its recurring software revenue.
  • Earnings Preview | Meta reports after the US close — capex and Muse monetisation are the swing factors

    Earnings Preview·
    - Meta will report its 2026 fiscal third-quarter earnings after the US stock market closes, with consensus revenue expected at 63.41 billion USD and capital expenditures projected at 40.7 billion USD. - Key market focuses for this earnings release include the monetization metrics of the Muse application, the trajectory of capital expenditures, and potential legal expenses impacting profit margins. - Institutional analysts maintain varying target prices and ratings, highlighting divergences in monetization speed and capital spending pace.
  • Meta options: Nov. 20 $702.5 call prints 1,000 contracts in one trade, volume-to-open-interest ratio 28.24

    Options Flow·
    - On October 21, 2026, Meta options total trading volume reached 58.6 thousand contracts, with a put/call ratio of 0.66. - Large block trades triggered 2 notable orders totaling 8.31 million dollars, including a November 20 expiration 702.5 dollar call and a 697.5 dollar put. - Both major contracts showed high volume-to-open-interest ratios and concentrated trading near the market close, indicating potential new positions.
  • Needham reiterates Buy rating on Micron Technology, $1650 price target

    TradingView·
    - Needham has reiterated its Buy rating on Micron Technology with a price target of $ 1650.00, representing an 80.6% upside from its previous close. - The analyst note highlights Micron's strong positioning to benefit from robust data center spending and rising demand for high-bandwidth memory driven by artificial intelligence. - Additional factors include the company's technology leadership, product roadmap advancements like the 1-delta node technology, and recent analyst price targets ranging from $ 1500 to $ 3000.
  • Earnings Preview | Tesla reports after the US close on 22 October — margin recovery is the number that counts

    Earnings Preview·
    - Tesla is scheduled to release its 2026 fiscal third-quarter financial results after the market closes on October 22, with market expectations projecting revenue of 28 25 billion USD and GAAP earnings per share of 0 2607 USD. - Key market focuses for the upcoming earnings report include the recovery of gross margins to around 17 88 %, the impact of a significant rise in capital expenditures to 7 85 billion USD on free cash flow, and updates on the third-generation Optimus and potential SpaceX merger discussions. - Institutional ratings show clear divergence, as analysts debate whether heavy investments in artificial intelligence and robotics can justify Tesla's current valuation.
  • Tesla beats Wall Street's earnings expectations, but Elon Musk has a $787 million profit problem

    Cryptopolitan·
    - Tesla reported a third-quarter profit of $787 million for common shareholders, marking a 29% decline year-over-year despite beating Wall Street's adjusted earnings and total revenue expectations. - The company faced declining automotive revenues, lower vehicle deliveries at 486,532 units, and a 62% drop in free cash flow to $1.53 billion as capital expenditures nearly doubled to $3.73 billion due to heavy investments in artificial intelligence and robotics. - Tesla is focusing on future growth through autonomous vehicle initiatives like the Cybercab, expanding FSD subscriptions, and exploring a potential merger with SpaceX.
  • Tesla’s Cybercab Fleet Expands Tenfold in Just a Month, Elon Musk Says Driverless Mileage Is Growing ‘Like a Rocket Going to Orbit’

    benzinga_article·
    - Tesla CEO Elon Musk reported a tenfold expansion of the Cybercab fleet in Austin within a month, with weekly driverless mileage scaling rapidly. - The company plans to launch paid Cybercab operations in Dallas next month and aims to begin selling the autonomous vehicles to customers by the end of 2026. - The expansion faces federal safety scrutiny from the National Highway Traffic Safety Administration regarding vehicle standards compliance and self-certification.
  • TSLA (Trans): Orders at 4-yr high; Robotaxi to generate revenue next year

    DolphinResearch·
    - Tesla reported a third-quarter financial performance highlighted by record-high accumulated order backlogs and strong growth across both its automotive and energy storage segments. - The company detailed robust expansion plans for 2026 and 2027, focusing on increasing capital expenditures for Robotaxi fleets, Optimus humanoid robot production, AI computing infrastructure, and semiconductor manufacturing. - Management expects Robotaxi operations and FSD deployment to scale significantly, with revenue impacts anticipated to become substantial by the second half of 2027.
  • Why Micron, SanDisk, and SK Hynix Stocks Are Falling in Premarket Today After Wednesday's Gain

    Tip Ranks·
    - Micron, SanDisk, and SK Hynix stocks declined in premarket trading on Thursday, October 22, driven by rising oil prices, renewed AI spending concerns, and competitive pressure from Chinese memory chip advances. - Specifically, Micron fell 3.57% to $881.02 amid a labor strike in Taiwan, SanDisk dropped 4.30% to $1,319, and SK Hynix slid 4.81% to $136.36 ahead of upcoming earnings reports. - Despite the market pullback, Wall Street maintains Strong Buy consensus ratings for all three stocks, anticipating significant potential upside based on average price targets.
  • Mark Zuckerberg Keeps Control as Meta Adds Class C Stock — Analyst Sees ‘More Capex Coming’ for AI

    benzinga_article·
    - Meta Platforms Inc. announced a recapitalization taking effect on January 19, 2027, issuing a dividend of one non-voting Class C common stock share for each existing share to help fund future capital requirements. - The new stock structure enables CEO Mark Zuckerberg to maintain voting control while providing a mechanism to raise capital, compensate employees, and fund acquisitions without diluting voting power. - Market analysts noted that this move indicates upcoming capital expenditures for artificial intelligence, alongside Meta reporting third-quarter revenue of $64.6 billion and adjusted earnings of $7.40 per share.
  • Tesla says it will start selling Cybercabs by end of year

    TechCrunch·
    - Tesla announced plans to begin selling its autonomous Cybercab to customers by the end of the year, initially supplying its own robotaxi fleet before scaling deliveries. - The company faces regulatory scrutiny as the National Highway Traffic Safety Administration investigates whether the steering-wheel-free vehicle complies with federal safety standards. - CEO Elon Musk also stated that an unsupervised version of Full Self-Driving would be rolled out to customers in the second quarter.