AI Investments, Tesla Updates, and New Lawsuits
- AI Investments – Goldman Sachs has lowered its forecast for U.S. share buyback growth to 9% from 12%, citing AI investments as the primary cause. AI-related investments are expected to bring the S&P 500 CapEx to over $1 trillion (source: Reuters).
- Tesla’s Troubles – Tesla released its Q3 2025 earnings, citing a 6% increase in automotive revenues from Q3 2024. While gross revenues were up 12% from Q3 2024, income from operations was down by 40% (source: Tesla).
- Concerning Cars – The National Highway Traffic Safety Administration has expanded its investigation into 286,000 GM vehicles over engine failure issues in the Chevrolet Silverado 1500 and Cadillac Escalade. GM has already issued a recall (source: Reuters).
- Rocky Revenue – Western Union, a global financial transaction company, released its Q3 2025 earnings, citing flat revenue despite a 49% revenue growth in its consumer services. Similarly, Q3 2025 earnings per share dropped from $0.78 in Q3 2024 to $0.43 in Q3 2025 (source: Western Union).
- The First Investment – Perpetua Resources, an antimony and gold miner, is the first investment for JPMorgan Chase’s new $1.5 trillion U.S. national security investment fund. JPMorgan Chase will invest $75 million, which is about a 3% stake in the company (source: U.S. News).
- Musk’s Money – Elon Musk has proposed a $1 trillion pay package from Tesla. The lofty pay package is experiencing mixed reaction from shareholders. The pay package looks to secure Elon Musk for seven-and-a-half years and includes different tiered incentives (source: Reuters).
- Launching a Lawsuit – Exxon Mobil is suing the State of California over its 2023 climate disclosure laws that are set to go into effect next year, arguing that they infringe upon its free speech rights. The new laws will require large businesses to disclose planet-warming emissions related to operations (source: AP News).
- Another Investment – SoftBank has approved its second installment of $22.5 billion to complete its $30 billion investment in OpenAI. The investment is expected to go toward a for-profit restructure (source: Reuters).
- Piling Political Violence – 85% of Americans believe that politically motivated violence is increasing, with most respondents citing political extremism as the main contributing factor (source: Pew Research Center).
- Great Game – The Green Bay Packers won at the Pittsburgh Steelers for the first time since 1970 on Sunday, October 26. Quarterback Jordan Love joins Aaron Rodgers and Drew Brees as the only quarterbacks with a passer rating of at least 100 with at least two passing touchdowns in five consecutive games (source: Sports Illustrated).
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