(Win McNamee/Getty Images) |
|
|
|
Dyson wants to replicate the success of its vacuums and hair products but in your mouth. So far it is not going so well.
The company’s $500 Camerajet toothbrush (powered by AI, of course) sprayed water across the bathroom and then stopped working, according to one Bloomberg reporter who tested the product. It was also incredibly hard to find stocked in any major retailer, they reported.
Stocks ended a rocky week down on Friday.
|
|
|
|
Is Elon Musk bringing Tesla and SpaceX together? |
Elon Musk has found another way for his two companies to collaborate, leaving some wondering whether a more formal union could be next.
On Thursday, CEO Elon Musk unveiled the long-awaited second-generation Tesla Roadster, a sports car developed with the help of his rocket company SpaceX. During a demonstration in Texas, the vehicle drove upside down, flipped through the air, and jumped over a row of other Teslas using rocket-style thrusters powered by compressed air.
The company says the Roadster can accelerate from zero to 60 mph in less than a second, reach speeds exceeding 230 mph, and travel more than 300 miles on a single charge.
“You’re going to see some crazy stuff tonight,” said Musk, who is CEO of both companies. “You’re going to see the results of what happens when you have a collaboration with the world’s best car company and the world’s best rocket company.”
Deliveries for the long-delayed vehicle aren't expected until 2028. (The second gen Roadster was first announced by Musk in 2017 with delivery slated for 2020. Tesla's reservation agreement explicitly says the company cannot guarantee when the Roadster will be delivered or whether it will be delivered at all.)
Musk also said he was "not sure it's necessarily legal in all jurisdictions." It will almost certainly spark some sort of regulatory review from the Federal Aviation Administration, Wired points out.
But the Roadster's biggest significance may have less to do with its ability to fly than with the company helping it get off the ground.
The unveiling has added fuel to speculation that Musk could eventually combine Tesla and SpaceX, bringing his electric-car business and rocket company under one roof. Prediction market traders increased the odds of a merger being announced by early next year. One Barclays analyst predicted that such a merger could happen before the end of this year.
|
|
|
|
The Roadster is unlikely to do much for Tesla's bottom line. Musk has previously described the Roadster as a “small potato situation” that would not “move the needle in a major way financially.”
Tesla reports earnings this week, with analysts penciling in $19.6 billion in quarterly automotive sales, a 7.5% decline from the same period last year. As Tesla's traditional car business faces pressure, Musk is increasingly pitching investors on a future built around AI and robotics — areas where his companies' ambitions overlap.
Veteran tech analyst Gene Munster put it best in an X post:
“Two takeaways from tonight’s Roadster event.
|
- It was an engineering flex with no commercial value beyond embarrassing traditional car makers.
- Elon can’t wait to bring $TSLA and $SPCX together.”
|
|
|
|
The cumulative market capitalization for quantum computing companies IonQ, D-Wave, and Rigetti is virtually unchanged from where it was in early September 2025, right before those companies ramped in part on speculation over US government support.
|
The fundamentals of the industry at large really haven’t meaningfully improved over the past year, nor have they deteriorated. And quantum computing is not a space where most traders were looking for hockey-stick growth now, it’s more about the prospect for technological breakthroughs that have the potential to spur parabolic operational improvements further down the road.
The key underlying factor may be that the speculative energy just is not there anymore for this part of the market. Major pure-play quantum computing companies that have been around for a few years (like IonQ, D-Wave, and Rigetti) have seen call volumes drop precipitously from their 2025 peaks. While there are some nascent signs of potential risk-defined falling-knife-catching in some of these names via options lately, it’s nothing to write home about yet.
|
|
|
|
*Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.
|
|
|
|
Consulting giant Accenture has told some employees that the company will now only spend $29 a month per person on Claude, according to 404 Media, sending some working scrambling.
|
|
|
|
Was this email forwarded to you? Don’t miss out on future stories — subscribe to Snacks and get your daily dose of financial news straight to your inbox.
Craving more insights in your inbox? Subscribe to EntryPoint and Scoreboard for quality reads.
|
|
|
|
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more
|
|
|
|
SHERWOOD MEDIA, LLC, 85 Willow Road, Menlo Park, CA 94025
|
|
|
|
|
No comments:
Post a Comment