The Marked Chart Wire · Business
HotCybertruck
Tesla to end Cybertruck production at Texas plant next year
Elon Musk stated on X that Tesla will stop making Cybertrucks at its Texas Gigafactory next year.
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HotTesla
Tesla stock down 29 percent from record high
Tesla shares have declined 29 percent from their all-time peak. The company's operating income has decreased annually since reaching $13.7 billion in 2022.
Tesla-SpaceX Merger
Gary Black warns Tesla-SpaceX merger could dilute shareholders
Investor Gary Black cautioned that a proposed all-stock merger between Tesla and SpaceX might dilute Tesla holders, noting that a 24 percent premium can quickly turn negative.
HotAST SpaceMobile
AST SpaceMobile signs $1.3 billion engine deal with Firefly Aerospace
AST SpaceMobile agreed to a three-year contract with Firefly Aerospace for 36 engines to support its new Blacklift rocket. The deal includes $800 million in upfront payments and aims to launch five satellites per mission by late 2028.
HotOklo
OKLO reports quarterly revenue of $1.86 million
Oklo posted revenue of $1.86 million, beating estimates by 68 percent. The company reported an EPS of -$0.22, which was better than the expected -$0.26.
HotCompass Earnings
Compass reports first quarterly net income and record EBITDA
Compass Inc. posted its first positive GAAP net income and record adjusted EBITDA of $306 million for the third quarter. The company expects fourth-quarter organic revenue to decline by 4.5 percent due to a challenging macro environment.
McDonald's
McDonald's shares rise 5 percent after mixed third quarter results
McDonald's stock climbed 5 percent on November 4 following the release of mixed third-quarter earnings for 2026.
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