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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
By Bernard Condon
Are theme parks determining Disney and Universal’s film slates?
Why would you make a third “Tron” movie? Unless of course you'd spent billions of dollars on a theme park ride and needed to promote it?
By Grant Keller
Starbucks Introduces AI Barista: A Glimpse Into the Future of Coffee Service
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
Tesla & Big Tech’s Earnings Test: Can Massive AI Bets Finally Deliver Revenue Growth?
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
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Starbucks Introduces AI Barista: A Glimpse Into the Future of Coffee Service
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
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What Americans think about rising health care costs
A new poll finds most U.S. adults are worried about health care becoming more expensive.
What to know about the Amazon cloud outage
An internet outage on Monday morning highlights the reliance on Amazon's cloud services. This incident reveals vulnerabilities in the concentrated system. Cloud computing allows companies to rent Amazon's infrastructure instead of building their own. Amazon leads the market, followed by Google and Microsoft. The outage originated in Northern Virginia, the biggest and oldest cloud hub in the U.S. This region handles significantly more data than other hubs. Despite the idea of spreading workloads, many rely on this single hub. The demand for computing power, especially for AI, is driving a construction boom for data centers.
From Trick to Trend: Unreal Snacks CEO on Why Dye-Free Candy Is Taking Over
Unreal Snacks CEO Kevin McCarthy shares how dye-free candy is leading the sweets revolution—just in time for what could be a record-breaking Halloween 2025.
Poll Shows Growing Economic Anxiety Under Trump
A new AP-NORC poll finds Americans are increasingly worried about their ability to find good jobs and keep up with rising costs under President Trump.
The Louvre Heist: Thieves Pull Off Four-minute Jewel Job
In a daring daylight robbery on Sunday, thieves used a basket lift to scale the Louvre’s facade, smash display cases, and steal eight priceless jewels.
Trump Admin Reverses Course On Student Loan Forgiveness
The Trump administration has agreed to resume processing student debt cancellations under two key income-driven repayment plans it had previously limited.
Trump Cuts Off Colombia: “No More Payments, No More Subsidies”
President Trump announced Sunday that the U.S. will halt all payments and subsidies to Colombia.
Americans Rally Against Trump In ‘No Kings’ Protests
Millions of protesters flooded cities nationwide on Saturday for “No Kings” demonstrations denouncing what they call President Donald Trump’s authoritarian turn
Passports of Privilege: Inside the World of Citizenship by Investment
Chris Willis, Managing Partner at Latitude Group, on how high-net-worth families are unlocking global access through strategic citizenship planning.
Credit Scores Made Simple: Kikoff’s Cynthia Chen on a Smarter Path
Cynthia Chen, CEO of Kikoff, shares how their membership app helps users build credit with zero fees, no interest, and smart tools that make every point count.
Out of This World! Planet’s Big Owl Launch
Ashley Fieglein Johnson, CFO & President at Planet, joins us to share the story behind the Owl launch—and how strategy, tech, and vision are fueling liftoff.
Go Fund Yourself: A Whole New Level of Connectivity
Naqi Logix is transforming the way we can connect with technology, while Chop Chop is a food delivery app that eliminates third-party commissions.
Big Business This Week: All about the shutdown economy
We spoke to an economist about the impact of the shutdown on the U.S. economy
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN Streams Its Way Back: $7 for Full Access
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.
