Davis Wilson:

Elon's "Income Car" Is Here

Imagine purchasing a car that pays you. You buy the vehicle once. You go to work. You sleep. You go on vacation. Meanwhile, your car spends the day driving people around your city and depositing money into your account.

The idea has existed for years. The reality hasn’t. For more than a century, cars have been one of the worst financial purchases a person can make. The moment you drive off the lot, the value starts falling. Insurance, maintenance, fuel, and depreciation turn car ownership into a steady drain on your finances.

But now autonomy has the potential to flip that equation completely. The arrival of Tesla’s Cybercab could turn a car from a consumption item into productive capital.

Instead of buying a car that sits parked 95% of the time, owners could deploy a fully autonomous vehicle into a ride-hailing network where it generates revenue throughout the day – and up to $30,000 to $70,000 in annual ride revenue, according to estimates.

In other words, instead of asking “Can I afford this car?”, people may soon start asking a different question: “What’s the return on this vehicle?”

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Greg Guenthner:

Oracle Stock Rockets Higher on Q3 Earnings Beat, 2027 Revenue Outlook

Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings Tuesday and raised its 2027 revenue guidance to $90 billion. Shares jumped as much as 14% in early trading this morning

The earnings announcement comes amid reports that the company has axed plans to expand an AI data center with OpenAI and that it’s preparing to cut thousands of jobs.

The AI infrastructure company is spending tons of cash on data centers, but investors aren’t quite sold on the idea.

Oracle stock has fallen steeply. After climbing to a high of $345.72 in September, the stock was trading at $149 as of Tuesday afternoon. Shares are now off 54% over the last six months and 23% since the start of the year.

For the quarter, Oracle saw earnings per share (EPS) of $1.79 on revenue of $17.19 billion, above analysts' expectations of EPS of $1.70 on revenue of $16.9 billion. The company reported $1.47 billion and $14.1 billion in the same period last year.

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Enrique Abeyta:

After Outages, Amazon To Make Senior Engineers Sign Off on AI-Assisted Changes

Amazon’s ecommerce business has summoned a large group of engineers to a meeting on Tuesday for a “deep dive” into a spate of outages, including incidents tied to the use of AI coding tools.

The online retail giant said there had been a “trend of incidents” in recent months, characterized by a “high blast radius” and “Gen-AI assisted changes” among other factors, according to a briefing note for the meeting.

Under “contributing factors” the note included “novel GenAI usage for which best practices and safeguards are not yet fully established.”

Amazon’s website and shopping app went down for nearly six hours this month in an incident the company said involved an erroneous “software code deployment.” The outage left customers unable to complete transactions or access functions such as checking account details and product prices.

From here on out, Amazon junior and mid-level engineers will now require more senior engineers to sign off any AI-assisted changes.

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