Earnings Disappointments and AI-Powered Growth: A Discussion of Tesla, Chipotle, Alphabet, ServiceNow, and IBM
ByAinvest
Saturday, Aug 9, 2025 1:14 am ET1min read
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Tesla reported a weak Q2 with a 16% YoY drop in automotive revenue, losing EV market share to traditional automakers. CEO Elon Musk emphasizes autonomy, self-driving software, and robot taxis as the company's future revenue generators. Alphabet and ServiceNow saw AI-powered growth, while IBM's AI business was surprisingly strong. Figma's IPO is also discussed.
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