
Stock Movers Tesla Higher Ahead of Earnings; ASML Joins Chip Rally; Rick Perry’s REIT Fermi Surges
Oct 2, 2025
Tesla's shares surged ahead of their upcoming delivery report, even with a slight year-over-year decline expected. ASML joined the chip sector rally, fueled by lucrative AI memory deals with major companies like Samsung and SK Hynix. Meanwhile, Fermi REIT saw a spectacular IPO, boosted by substantial investor interest in AI-focused real estate, partially thanks to Rick Perry's involvement. Exciting times in the stock market as these key players navigate trends and opportunities!
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Tesla Deliveries Show Stabilizing Trend
- Tesla's deliveries are expected to be just under 440,000 vehicles for Q3, signaling a recovery versus the year's first half.
- That 5% year-over-year drop would still improve on the 13% decline seen in H1 2025, indicating stabilization.
Tesla's Stock Rebounded Sharply
- Tesla shares have doubled from spring lows and returned near record levels after a large earlier decline.
- The stock's rebound is a key part of the Magnificent Seven-led market rally this year.
ASML Benefits From AI Memory Demand
- ASML's ADR climbed over 3% as AI-driven semiconductor demand lifted chip-equipment names.
- Agreements between OpenAI and Korean memory suppliers underline massive memory needs that benefit ASML and peers.
