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Top stories today:
1. Apple building “Apple GPT”, exploring how to integrate and commercialize it
2. Tesla's revenue was +47% YoY to $24.9B in Q2, operating margin drops
3. Google showing AI tool for journalists, Genesis, to NYT, WaPo, News Corp
4. Netflix's revenue only grew 3% to $8.2B in Q2
5. IRA climate law subsidized foreign companies more than U.S. ones
6. TSMC reports first profit drop in 4 years, profit margin still at 40.7%

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Apple building “Apple GPT”, exploring how to integrate and commercialize it

Apple building “Apple GPT”, exploring how to integrate and commercialize it

0. Data and calendar

1. Apple building “Apple GPT”, exploring how to integrate and commercialize it

Keep reading

Anthropic files for Nasdaq IPO, said to target ~$100B raise at up to $2T valuation

iPhone Duo tops foldable repairability, but hinge issue may crack screens

OpenAI said to near up to $30B round at $1.25T pre-money valuation, led by UAE investors, Coatue

Meta Q3 revenue +26% YoY to $64.6B, vs. $63.3B est., net income +264%

Apple building “Apple GPT”, exploring how to integrate and commercialize it

0. Data and calendar

1. Apple building “Apple GPT”, exploring how to integrate and commercialize it

Subscribe to keep reading

Keep reading

Anthropic files for Nasdaq IPO, said to target ~$100B raise at up to $2T valuation

iPhone Duo tops foldable repairability, but hinge issue may crack screens

OpenAI said to near up to $30B round at $1.25T pre-money valuation, led by UAE investors, Coatue

Meta Q3 revenue +26% YoY to $64.6B, vs. $63.3B est., net income +264%