Weekly Roundup: Tesla Targets Uber, Quantum Stocks Explode
Week 1 earnings confirmed what we expected — strength gets rewarded, weakness gets crushed. Inside: Tesla’s ride-hail disruption, Bitcoin’s breakout, and the next MegaTrend wave forming.
Andy Swan
October 24, 2025
LikeFolio Weekly Roundup
Here’s a breakdown of the biggest takeaways from the LikeFolio research desk through Thursday, Oct. 23:
Week 1 Earnings Season Lessons: Earnings are rolling in, and Netflix (NFLX) and Tesla (TSLA) showed that the market is not going to be shy about selling when companies don't meet (relatively high) expectations.
Infinite Hold Update: Tesla is coming for Uber’s lunch. Amazon.com (AMZN) rallies despite a widespread AWS outage causing chaos this week. And Bitcoin (BTC) proves why it’s the superior asset to gold.
Trend Watch: Quantum stocks got a boost as the Trump administration eyes negotiations with key players, including one stock that’s rallied +256% since we added it to our MegaTrends watchlist in June. What this means for the sector at large.
Stock Spotlights: Nuclear stocks pull back after a stunning rally as the Financial Times take aim at Oklo (OKLO). We’re not worried.
Member Q&A: “Do you see Globalstar (GSAT) in the mix of emerging players in LEO and direct-to-device communications?” We answer this latest member question about the 21st Century Space Race trend.
Let’s dive in…
Week 1 Earnings Season Lessons from Netflix (NFLX) and Tesla (TSLA)
Netflix (NFLX) cratered nearly 10% on Wednesday morning, exactly as our data suggested. Earnings came in well under expectations as the streamer recorded $5.87 per share for the third quarter versus the $6.97 analysts were looking for.
Bad news for Netflix, great news for Earnings Season Pass members who took our Coin Flip Bearish trade.
Tesla (TSLA) was up next and looked primed for a surprise to the upside heading into Wednesday afternoon’s report.
LikeFolio data showed web visits gaining 10% year over year, brand sentiment recovering fast, and rising buzz around its Robotaxi service on social media.
The company reported record revenue for the third quarter, bringing in $28.1 billion (+12% year-over-year growth), above expectations. Record global deliveries, too, at 497,099.
On the other hand, net income was down 37% from the year prior as operating and R&D expenses stacked. And earnings of 50 cents per share just missed.
The market focused on the profitability slide, sending TSLA shares ~3% lower on its report.
But as one Barclays analyst noted: “Does it even matter?”
Tesla is positioning itself as a global player in the artificial intelligence (AI) and robotics revolutions – with ambitions far beyond EV dominance. Much of that “R&D” spending went to developing its own in-house AI5 chips, which Tesla uses to power its self-driving EVs. This not only reduces the company’s dependence on Nvidia’s (NVDA) H100 processors but allows Tesla to tailor its chips to its own needs.
“Tesla only has to satisfy requirements from one customer… That makes the design job radically easier and means we can delete a lot of complexity from the chip.”
A short-term selloff is nothing compared to the potential gains TSLA could deliver over the long term. We believe this stock could crest $1,000 per share by 2029.
Bottom line: NFLX and TSLA showed us that the market is not going to be shy about selling when companies don't meet (relatively high) expectations – a trend we anticipated and will continue to monitor over the next nine weeks of Earnings Season Pass.
To learn how you can join Earnings Season Pass and get access to this Sunday’s Earnings Sheet, go here now.
Tesla (TSLA): When Tesla launched its Robotaxi app in September 2025, it wasn’t on a holiday or during an event weekend, it was a random Thursday. Yet the app’s debut ranked among the top 10 ride-hail app download days in U.S. history, per ARK Invest’s SensorTower analysis.
Uber’s biggest download spikes came on predictable nights like New Year’s Eve or Halloween — Tesla matched those numbers with zero lead-up.
Lyft’s best activation day ranks #21. Waymo’s? #7746.
That single data point should rattle every rideshare investor: Consumer loyalty doesn’t exist in ride-hailing.
We took a deep dive into why TSLA is the ultimate ride-hailing bet – even over the industry leader, Uber Technologies (UBER)…