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Despite Big Bounce In Revenues, TSLA Shares Drop After Disappointing Earnings

Despite Big Bounce In Revenues, TSLA Shares Drop After Disappointing Earnings After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk’s political activities, Tesla’s road to recovery remains mixed on the heels of an impressive delivery report. While earnings fell 18% compared to Q2 2025 to 33c a share (well below expectations of 51c) with higher AI spending and R&D weighing on profitability; the silver lining was that Revenue came in at $28.2 billion, which was 28% higher than last year (well above expectations of $26.4...
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Jun 2, 2026 / Tyler Durden
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.  The Chinese internet giant plans to begin a compliance process for a public launch of the agent as soon as this month, the Financial Times reported,...
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Apr 29, 2026 / Tyler Durden
OPEC +/-
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Feb 24, 2026 / Tyler Durden
Democrats Will Try Not To Act Like Children During Trump's State Of The Union Address
Democrats Will Try Not To Act Like Children During Trump's State Of The Union Address President Donald Trump will deliver his State of the Union address on Tuesday evening, and according to reports, many seats will be empty. Earlier this month, House Minority Leader Hakeem Jeffries gave his caucus its marching orders in a closed-door meeting: sit in the chamber with "silent defiance" or don’t attend.  "The two options that are in front of us in our House is to either attend with silent defiance or to not attend, and send a...
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