To The Moon

Tesla just made a car fly. Now comes the harder part: convincing Wall Street it can deliver stronger profits. $Tesla Motors(TSLA)$ On Thursday, Elon Musk unveiled the long-awaited next-generation Roadster, complete with SpaceX-developed thrusters that allowed the car to drive upside down, flip through the air and land on its wheels. The prototype also demonstrated a 0–60 mph time of less than one second. Investors liked what they saw. Tesla shares jumped 4.4% in early premarket trading Friday, But there's a catch. The Roadster was first unveiled in 2017, initially promised for 2020, and isn't expected to enter production until 2028. Musk has also acknowledged that the sports car is unlikely to make a meaningful contribution to Tesla's finances. Th

TSMC delivered a clear beat-and-raise quarter but fell with the broader chip sector. Charles Schwab also declined as a small net-interest-margin miss overshadowed record asset gathering. After the bell, rising costs hit J.B. Hunt, while Interactive Brokers’ dividend increase failed to produce a rally. $Taiwan Semiconductor Manufacturing(TSM)$ lost 1.8% TSMC is the world’s largest contract chipmaker and manufactures advanced processors for Nvidia, Apple and other technology companies. Third-quarter revenue jumped 41% to $46.72 billion, beating the $45.67 billion consensus. EPS of $4.60 per ADR topped the $4.46 estimate, while net income surged 69% to a record NT$763.1 billion. Advanced nodes accounted for 79% of wafer revenue, including an 8% contri

BlackRock managed a small gain after attracting $205 billion of new money. ASML and Morgan Stanley both exceeded profit expectations but declined with technology and financial stocks. Bank of America suffered the sharpest drop after a regulatory penalty compounded an underlying earnings miss. $BlackRock(BLK)$ Record inflows provide rare shelter BlackRock is the world’s largest asset manager and the owner of the iShares ETF franchise. Third-quarter revenue rose 19% to $7.75 billion, beating the roughly $7.5 billion consensus. Adjusted EPS jumped 38% to $15.93, well above the $14.13 estimate. Clients added $205 billion during the quarter, including $134.5 billion into iShares ETFs and $78.2 billion into fixed-income products. Assets under management

Wall Street earnings season opened with a surprisingly wide gap between the big banks.Goldman Sachs delivered a blowout quarter as volatile markets drove a surge in equity trading. JPMorgan posted a rare earnings miss, while Wells Fargo topped profit expectations but fell short on revenue and net interest income. Citi beat on both the top and bottom lines, yet its shares still sold off sharply. $Goldman Sachs(GS)$ -0.23% Goldman Sachs is a leading Wall Street investment bank focused on trading, dealmaking and asset management. Third-quarter net revenue rose 23% to $18.68 billion, while EPS came in at $17.01, far above the $13.02 analysts expected. Equities trading was the standout. Revenue from the business jumped 72% to $6.44 billion as clients rep

TSMC reports third-quarter earnings on October 15.The numbers already look strong. TSMC’s Q3 revenue rose about 50% year over year to NT$1.49 trillion, beating market expectations. Reuters estimates net profit could jump roughly 65% to NT$746.3 billion, which would mark a sixth straight quarter of record earnings. $Taiwan Semiconductor Manufacturing(TSM)$ AI demand remains the main driver. TSMC continues to benefit from advanced-chip demand from Nvidia, Apple and other major customers, while CoWoS and leading-edge capacity remain tight. Reuters also noted that Morgan Stanley expects TSMC could raise its 2026 revenue-growth outlook into the low-to-mid 40% range. But sentiment around AI stocks has become more fragile. Even strong earnings from major

JPMorgan, Goldman Sachs, Citigroup and Wells Fargo report on Oct. 13, followed by Morgan Stanley and Bank of America on Oct. 14. Higher rates can be good for banks — They can lift loan yields and support net interest income. But they also raise funding costs, slow borrowing and put more pressure on consumers and businesses. Earning Highlight First, net interest income. Can higher loan yields still outweigh rising deposit and funding costs? Second, investment banking and trading.M&A and IPO activity has been improving, but the recovery is uneven. JPMorgan and Morgan Stanley have sounded relatively upbeat, while Bank of America has warned of softer investment-banking fees. Third, credit quality.Investors will be watching credit-card delinquencies, loan-loss provisions and consumer loan g

Micron reports fiscal Q4 earnings after the market closes on September 30.According to Bloomberg BEST, consensus is calling for about $51.4 billion in revenue and $31.73 in adjusted EPS. So the bar is already high. $Micron Technology(MU)$ What to Expect The good news is that memory pricing is still moving in Micron’s favor. DDR5 contract prices are up about 24% since May, while NAND prices have risen around 10%. AI demand remains strong, especially for HBM, as servers require more memory per system. Bloomberg Intelligence sees room for Q4 revenue to come in roughly 5% above consensus, with next-quarter guidance potentially 5%–10% above current estimates. But the bigger question is no longer whether memory prices are rising. It is how long this cycle

Dell surged after raising its full-year outlook on booming AI server demand, while Palo Alto Networks gained on strong security growth. MongoDB, meanwhile, beat estimates and raised guidance but still sold off sharply as investors looked for faster growth from its Atlas cloud business. $Dell Technologies Inc.(DELL)$ +10% after hours Dell sells PCs, storage systems and servers used by enterprises and cloud providers. Fiscal second-quarter revenue jumped 58% to a record $47 billion, topping Wall Street’s estimate of about $44.9 billion. Adjusted earnings came in at $7.04 per share, well above the $4.91 expected. AI server revenue doubled to $16.4 billion, while new AI orders reached $60.9 billion. Dell ended the quarter with a record $95 billion AI

Software stocks are having a strong earnings season. Atlassian jumped 35.31% after results. Doximity gained 32.62%. Palantir rose 29.45%. And the rally is broader than just AI. A number of software companies are being rewarded for the same three things: stronger growth, better profitability and more bullish guidance. First, investors are paying up for visible growth again. $Atlassian Corporation PLC(TEAM)$ reported revenue growth of 28%, with cloud revenue up 31% and RPO up 44%. The company also raised its outlook. $Palantir Technologies Inc.(PLTR)$ was another standout. Revenue surged 93%, while U.S. commercial revenue jumped 149%. Management also raised its full-year forecast. That combination — strong

Broadcom reports fiscal Q3 earnings after the market closes on September 2.Wall Street expects about $29.4 billion in revenue and $3.23 in adjusted EPS. $Broadcom(AVGO)$ The bigger story is custom AI chips. OpenAI has been working with Broadcom on a custom inference chip called Jalapeño. Early tests reportedly showed better power efficiency and faster response times than Nvidia’s GB300. That does not mean Broadcom is about to replace Nvidia.It is still early. The chip is focused on inference, has not been tested against Rubin, and large-scale production is not expected until late next year. But the trend matters: More AI companies want chips built around their own models and costs — and Broadcom could be one of the biggest winners. What to expect？