Tesla Reports Strong Q1 2026 Earnings as Google Unveils New AI Chips
Tesla beat expectations on Q1 2026 revenue, earnings, and subscriptions, driving a 5% stock surge. Google introduced specialized chips for AI training and inference. Other developments include IBM and Kinder Morgan earnings, a fatal shooting at Mexico's Teotihuacán pyramids, and geopolitical tensions in the Middle East.
investopedia.comTesla Inc. 4 billion for the period ending April 2026. The results, released after market close, showed beats on revenue, earnings per share, gross margins, free cash flow, and net income.
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28 million. The company's shares rose 5% in after-hours trading following the announcement. Tesla highlighted progress in artificial intelligence and robotics initiatives.
Cortex 2, an AI training system, is already operational. Construction has begun on an Optimus factory at Gigafactory Texas, designed for long-term annual production capacity of 10 million second-generation robots. Cybercab production has started at the company's facilities.
Revenue rebounded from the first quarter of 2025, supported by investments in robotics, AI, and an in-house chip fabrication effort. The chips include ample static random access memory to support running artificial intelligence models efficiently.
The release positions Google as a direct competitor to Nvidia in the AI hardware market. IBM Corp. 67 billion.
29 billion estimate. 17 billion projection. The company did not disclose AI book of business metrics for the quarter but maintained its full-year revenue outlook at constant foreign exchange rates.
Kinder Morgan Inc. 39 expected. 29 billion forecast.
67 billion anticipated. A shooting at Mexico's Teotihuacán pyramids near Mexico City on Monday lunchtime left a Canadian woman dead and six others wounded. The incident, captured on mobile phone videos, occurred weeks before the country co-hosts the World Cup in June.
Authorities stated no cartels were involved, but the event has heightened security concerns at the world heritage site. Lebanon's Health Ministry stated Israel targeted the house where she had taken shelter following an earlier strike.
Her body was found under rubble after the incident. Separately, the body of 17-year-old Celeste Rivas Hernandez was discovered in the trunk of musician D4vd's car, bearing multiple penetrating injuries from objects. D4vd faced charges of first-degree murder and related counts on Monday in connection with her disappearance and death.
U.S. Rep. David Scott, a Georgia Democrat seeking a 13th term, died at age 80. In sports, Chelsea FC sacked head coach Liam Rosenior after less than four months in charge. Calum McFarlane was appointed interim head coach until June, supported by the existing backroom staff.
Russia's lower house of parliament passed the first reading of a bill classifying Bitcoin and other cryptocurrencies as property and permitting their use in foreign trade. North Korea's Lazarus Group introduced a new attack vector, dubbed Mach-O Man, exploiting routine business calls to infiltrate target systems, according to cybersecurity firm CertiK.
Researchers identified a new receptor enabling alphacoronavirus from bats to enter human cells, raising potential transmission concerns.
Scientists are examining X and Y chromosome genes for their roles in drug responses and disease susceptibility. Companies are extracting radioactive atoms from waste to supply a new generation of radiotherapies requiring larger quantities.
SpaceX, operating most of the roughly 14,000 active satellites in Earth's orbit, has applied for government permission to launch up to 1 million additional satellites. The plan supports orbital data centers powered by constant sunlight, as Elon Musk stated last month: "You’re power-constrained on Earth.
" Starlink, the company's satellite internet service, serves more than 10 million customers in at least 150 countries and has provided free access in Venezuela.
Musk restricted Starlink use for Ukrainian and Russian forces at points during their conflict. SpaceX may acquire an AI coding startup for $60 billion and plans an initial public offering as early as June at a $2 trillion valuation. New York state issued an executive order prohibiting government employees from using insider knowledge for bets on prediction markets.
A Palantir document argued that Silicon Valley owes a "moral debt" to the country enabling its growth. New research indicated aesthetic objections to new housing developments are genuine rather than pretextual.
Budget rail operator Lumo detailed refurbished Class 222 trains for a new West Coast service launching in phases from June 9, connecting London Euston to Stirling via stops including Milton Keynes, Preston, and Carlisle. 90 for London to Stirling. The trains, upgraded at Alstom's Widnes facility with Beacon, feature grey and silver seats in a single standard class and zero-waste-to-landfill sustainability measures.
Five additional refurbished units will join the fleet. " Arts24 programming covered the Michael Jackson biopic, the album The New West, and the film Die, My Love.
Rachel Goldberg-Polin published the memoir When We See You Again, detailing her grief over son Hersh, taken hostage by Hamas in 2023 and killed by captors in 2024. Navy Secretary Phelan announced construction of a new battleship will begin in fiscal year 2028.
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