WS #16341
Tesla held Q3 revenue flat at $28 billion while AI and robot spending surged, raising questions about near-term earnings visibility. Netflix delivered strong operating margins (34.6%) but lowered advertising revenue expectations, tempering the growth narrative. Meanwhile, capital is flowing into the physical infrastructure of AI, with a new $30M fund backing the 'data layer for Physical AI' and Blackstone taking Gooch & Housego private, signaling a shift from pure software hype to tangible hardware and data logistics.
Tech Earnings and AI Infrastructure
Tesla held Q3 revenue flat at $28 billion while AI and robot spending surged, raising questions about near-term earnings visibility. Netflix delivered strong operating margins (34.6%) but lowered advertising revenue expectations, tempering the growth narrative. Meanwhile, capital is flowing into the physical infrastructure of AI, with a new $30M fund backing the 'data layer for Physical AI' and Blackstone taking Gooch & Housego private, signaling a shift from pure software hype to tangible hardware and data logistics.