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$TSLA reports earnings after the bell today.
Options traders are pricing in a move of about 4.8%, or roughly $18 a share, either way. That’s a swing of about $67 billion in market value.
Wall Street expects earnings of $0.45 a share.
BREAKING: Meta, $META, has been ordered to pay $25 billion in penalties by a New Mexico court as part of a data privacy case stemming from the company’s Cambridge Analytica scandal.
The penalty comes after a jury found Meta liable for misleading people about how it safeguards and collects user data.
All eyes on $META after the closing bell 👀
Wall Street expects roughly $63.3B in Q3 revenue, with analysts focused on advertising growth, AI monetization and the cost of expanding infrastructure.
Any change to Meta’s capital expenditure outlook could be just as important as the headline earnings numbers.
Stocks are pushing higher as strong earnings from SpaceX and Super Micro help revive appetite for AI-related names.
Investors are weighing improving corporate results against inflation concerns and geopolitical risks, with another major round of earnings still ahead after the close.
$IREN is establishing IREN Europe, announcing plans for a 300 MW AI campus in Spain with operations targeted for 2028.
The expansion comes as Europe prioritizes greater sovereignty over its AI infrastructure, positioning IREN to capture demand from customers seeking locally managed data and computing capacity.
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