Hector Andres Pacheco discusses the tax overhaul that caused some corporations to pay steep one-time charges. We discuss the overall benefit tax reform will have on the long-term and how businesses are using it to grow. Pacheco also discusses Apple's positive earnings report and its upcoming initiatives, including construction of another campus somewhere in the U.S. We talk about Alphabet's underwhelming earnings report and its continued investment in machine learning.

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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.
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