Go figure.

AI booster.

Tesla pulls the plug.

 

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May 2, 2024

Let's hear it for the bot

Hi there,

 

Here is this week in charts.

 

Today, we’re going to explore:

  • Humanoid powerhouses
  • Big tech stocks
  • Tesla’s charging network

This Week In Charts

top equity deals adv manufacturing q124

Bots on top. In Q1’24, advanced manufacturing funding rebounded thanks to 6 mega-rounds collectively worth $1.3B. These $100M+ deals primarily went to humanoid robot developers (Figure and 1X) and industrial cybersecurity companies (Axonius, Claroty, and Nozomi Networks). Dive deeper into the latest advanced manufacturing trends in this report.

FT big tech stocks x ai spending

Source: Financial Times

AI allowance. After releasing first-quarter results, Alphabet and Microsoft saw their shares climb. Both companies reported strong revenue growth, mitigating investor concerns regarding their heavy spending on AI. Meanwhile, Meta’s stock dropped after announcing it would up its AI spend despite forecasting lighter-than-expected revenue for Q2. Explore big tech’s AI spending habits in this brief.

tesla ev charger share

Source: Canary Media

Speed limit. While Tesla struggled with electric vehicle (EV) sales in Q1, it still dominates EV charging. The carmaker owns most of the US’ fast EV chargers, comprising 61% of the country’s market share. But just this week, reports broke that Tesla gutted its EV charging team, casting uncertainty over the future of the US’ largest charging network. Learn more about EV charging competition in this brief.

 

The +1

covid cases florida

Brain fog. The Florida Department of Health really did good with this one.

 

I love you.

 

Anand

@asanwal 


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