Tesla's robotaxi flop, Uber dominates ride-sharing: market dominance

Market Domination hosts Julie Hyman and Josh Lipton cover earnings season, Tesla's latest developments and trending stocks on today's episode.

The show begins with a focus on the start of third quarter results, highlighted by strong performances from major banks like JPMorgan (JPM) and Wells Fargo (WFC). Keybank Chief Investment Officer George Mateyo joins us to analyze how these results could set the tone for the rest of earnings season, hinting at potential upside.

Attention then turns to Tesla (TSLA) after investors were disappointed with the company's recent robotaxi event. Financial advisor and YouTube personality Kevin Paffrath discusses growing frustration with Tesla's failure to focus on affordable electric vehicles. Yahoo Finance reporter Akiko Fujita provides additional insight into the challenges Tesla faces in catching up to rivals like Waymo and Cruise in the autonomous driving space.

In the “Good Buy or Goodbye” segment, Barbara Doran, CEO and CIO of BD8 Capital Partners, LLC, explains Uber's (UBER) dominance in the ride-hailing market.

The show ends with a recap of trending tickers, providing updates and market reaction for BP (BP), MicroStrategy (MSTR), and Ferrari (RACE).

This post was written by Angel Smith