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Tesla's profits are under pressure
Business Insider· 2026-10-22 04:52
Tesla is still selling plenty of cars. Making the same amount of money on them is getting harder. On Wednesday, the Elon Musk-led automaker reported that its operating income fell 56% year over year to $718 million in the third quarter — below Wall Street's estimates of $746.3 million — while revenue was roughly flat at $28.05 billion. Tesla pointed to higher operating expenses tied to its AI efforts, or "SI"/"Super Intelligence" as Trump prefers, and other R&D projects. Lower regulatory credit revenue and ...
Micron stock prediction: $1,464.63 bull, $585.63 bear
FinanceFeeds· 2026-10-21 20:41
Micron stock prediction: $1,464.63 bull, $585.63 bear The myth is that Tuesday’s Micron close still prices the $61.5 billion fiscal first-quarter guide. It does not. Micron Technology closed Tuesday 20 October 2026 at $896.07 on Nasdaq’s official daily series. That print prices a wider, slightly negative 90-day distribution: a bull case of $1,464.63, a base of $845.01, and a bear case of $585.63 through 31 December 2026. The company has not amended the guide it published on 30 September, which remains $61. ...