Apr 22 Tesla reported earnings, focusing on Robotics and production instead of cars

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Market

“Tesla reported strong EPS ($0.41 vs $0.37est) but missed on revenue growth ($22.39B vs $22.64B est. but the stock is up 5% after hours on news of robotics production ramp up in Q2 ” 😊 😋

This still feels like a trap, so I am not taking long positions yet. But all indices were higher

On the other hand even a huge beat and raise by $NOW ( ▼ 17.75% ) 22% YoY revenue growth to $3.7B and RPO of $27.7B still moved the stock lower by 12%. Software and SaaS stocks in particular are in the bear market now, with AI revenue being the biggest metric to track.

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Video of the day

Today’s video is on The Trade Desk $TTD ( ▼ 3.99% ) the demand side ad platform.

Deep dive of the day

Good setups for swing