Tesla's quarterly revenue was flat, Meta wants a new class of shares to fund AI, and Netflix says not to worry. Here is what that means for investors.
Tesla's third-quarter revenue was flat, Meta plans to create a new class of shares to pay for its AI push, and Netflix told investors not to worry even though people are watching less. These are the latest results from The Verge's fall 2026 earnings watch.
Musk also said Tesla and SpaceX are discussing a possible merger. SpaceX said big AI growth fueled its revenue jump. On Meta's earnings call, CFO Susan Li said, "Everyone is just going to have to adapt."
Many of these are plans, not results. The material does not say whether Tesla's robotaxi offer for owners will actually happen next year. It gives no details on how Meta's new shares would work, or whether Tesla and SpaceX will really merge. It also does not say how Netflix backs up its reassurance.
If you own individual stocks or an index fund, these companies may be in your holdings. The numbers show what has already been earned. The promises, like robots and robotaxis, still have to be delivered.
Treat big tech promises like robotaxis and robots as plans until they show up in results, and note where the money is actually coming from.
Visa tested 22 AI models on realistic shopping tasks. They passed just over half, and often bought the wrong thing anyway.
Read more: Visa tested 22 AI shoppers, and most still make costly mistakesDARPA wants AI to hunt for design flaws in stock, bond, energy and cloud markets, so enemies cannot use them to cause economic damage that reaches households.
Read more: Pentagon wants AI to find weak spots in stock and energy marketsTuring Award winner Richard Sutton says more computing power alone will not make AI truly smart. Big AI companies disagree, which matters for anyone betting on AI.
Read more: AI pioneer says piling on computing power won't make machines smart
