$META CFO: "We ended Q3 with over 66,000 employees, down 12% from Q2 following the May 2026 head count reduction."

$META's Special Committee: "...timing is important to secure capital before competitors saturate various funding options. Recent significant capital raises at other notable companies....have resulted in an increasingly challenging environment for raising capital"

$META CFO: "Muse right now skews to our highest value users. I think over 20% of U.S. Muse users today are $1,000-plus annual ARPU users. So, it gives you a sense of kind of what the early adopters look like, and so they are not totally representative of the overall U.S. user base, which is not representative of the overall worldwide user base."

$META Q3 Earnings: Interesting numbers on Muse AI — 10M+ users signed up in just six weeks, despite availability being limited to the U.S. and Canada. — ~25% of users engage daily, more than 2x the initial engagement of Threads. — 25%+ of users engage in shopping, with an average purchase size exceeding $200. — Personal productivity (email, calendar management and task automation) and creativity rank as Muse’s second and third most common use cases, respectively. — Targets a 10x+ improvement in inference cost efficiency over the next 12 months. — Meta is building compute capacity to serve 1B+ Muse users over the next few years. — Muse monetization will begin earlier than Meta's traditional playbook, reflecting high inference costs and significant commerce opportunities. — Meta expects Muse to eventually generate more revenue per U.S. user than its existing Family of Apps

$META CEO: "Threads has now overtaken X in monthly actives and continues to grow quickly. " Who is using Threads?

Netflix, Tesla & Meta among those reporting next week: 💻 Tech & Media: $NFLX $TSLA $META $IBM $SPOT 🏭 Industrials: $GE $RTX $LMT $GM $MMM 🛒 Consumer: $PG $KO $PM 🏦 Financials: $COF $AXP $MCO ⚡ Energy: $XOM $NEE $HAL 📡 Telcos: $T $TMUS More at TheTranscript.Substack.com

Netflix, Tesla & Meta among those reporting this week: 💻 Tech & Media: $NFLX $TSLA $META $IBM $SPOT 🏭 Industrials: $GE $RTX $LMT $GM $MMM 🛒 Consumer: $PG $KO $PM 🏦 Financials: $COF $AXP $MCO ⚡ Energy: $XOM $NEE $HAL 📡 Telcos: $T $TMUS More at TheTranscript.Substack.com

$TSM TSMC CEO: "The gap between demand and supply are still quite big, and that is why we put all our strengths to increase the capacity, as I just mentioned. Whether it is bigger or if the gap become bigger or the gap become narrow, we are working very hard. I cannot answer this question right now because my customer continue to increase their demand."

$ASML CEO: "Supply shortages across advanced Logic and Memory nodes continue to increase in size and in time horizon. Against this backdrop, we had very constructive discussions with our customers throughout the quarter and the demand signals we have received have continued to strengthen"

Analysts pressed Bank of America executives over the stock's 7–8% decline following earnings this week. They questioned investor confidence and sought reassurance on regulatory costs and profitability targets. $BAC $UBS

$GS CEO: Near-zero interest rates were the anomaly, not a 5% US 10-year Treasury yield. "I mean, I've been around for 64 years. The anomaly is zero interest rates, not 5% 10-year Treasury. And so, obviously, significant moves when they happen quickly upset markets and can have an impact. But you're seeing the world's absorbed, you know, this move in the 10-year Treasury reasonably well."

$TSLA CEO @elonmusk: "I think Cathie Wood [@CathieDWood] said it best...we should be thought of as an AI or robotics company. If you value Tesla as just like an auto company...it's just the wrong framework..if somebody doesn't believe Tesla is going to solve autonomy, I think they should not be an investor in the company"