Amazon is finishing off the year strong, selling "tens of millions of Alexa-enabled devices." The Amazon Alexa app tops the U.S. Android and iOS app stores, suggesting it did better than its competitors over the past month. Can Google and Apple catch up in the home assistant market? Sascha Segan, Lead Analyst at PCMag.com, thinks it could be tough. Segan says that the Alexa network is far more integrated than its competitors. Amazon's cheapest home assistant, the Echo Dot, is currently sold out. It was the first home assistant to sell for $30, putting pressure on Google to lower the price of its cheapest option to match Amazon. Segan also takes a look at the rumors surrounding Apple and Samsung's flagship phones. Reports are circulating that sales of the iPhone X were lower over the holiday season than expected. Couple that with rumors that Samsung could launch the Galaxy S9 sooner than expected, and you could have a battle brewing in the mobile phone market.

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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