According to @charliebilello, Tesla revenue reached a record 28 billion dollars in Q3, up 12 percent year over year and the fastest growth since Q2 2023, as reported on X and bilello.blog/newsletter. Net income was 1.37 billion dollars, below expectations and down 37 percent from a year ago, per Charlie Bilello on X. The profit decline was driven by lower EV prices and a 50 percent increase in operating expenses tied to AI and other R and D, per Charlie Bilello on X. The cited update did not mention any direct cryptocurrency holdings or impacts, per Charlie Bilello on X.

According to @business, Zions Bancorp said its profit topped analyst estimates despite a $50 million loss tied to an alleged fraud involving a Southern California commercial real estate investor group. Source: Bloomberg/@business.

According to @QCompounding, net income includes non-cash items while free cash flow reflects only actual cash movements, highlighting why traders should separate accounting profit from cash generation, source: @QCompounding. For trading decisions, FCF is the cleaner gauge of liquidity and capacity to fund operations, capex, and buybacks compared with net income, which can be distorted by non-cash charges, source: CFA Institute; @QCompounding. In crypto-linked equities such as exchanges and miners that face revenue volatility, monitoring FCF trends can better indicate resilience and runway than headline earnings, source: CFA Institute; @QCompounding.

According to André Dragosch, NVIDIA reported financial results that exceeded market expectations on both the top line (revenue) and bottom line (net income). This strong performance is likely to impact NVIDIA's stock positively and could influence related tech and AI markets, given NVIDIA's pivotal role in these sectors.