Podcasts about robotaxis

Stripe schreibt seinen Investoren, die Singularität habe am 1. Januar begonnen, und bestätigt im selben Brief den Kauf von OpenRouter. Danach geht es eine Stufe tiefer in die Nahrungskette der Absatzfinanzierung: Broadcom nimmt bis zu hundert Milliarden Dollar Schulden auf, um Anthropic den Kauf von Chips zu ermöglichen, die Broadcom selbst entworfen hat. In Ohio warnt das Wahlkampfkomitee der Republikaner die KI-Konzerne, dass Rechenzentren die Partei einen Senatssitz kosten. Ab Montag läuft ChatGPT-Werbung auch in Deutschland, und es geht um die Frage, ob eine Suchmaschine mit Werbung überhaupt glaubwürdig bleiben kann. Bei den Quartalszahlen liegt Anthropic vor OpenAI, in den ersten Wochen des laufenden Quartals dreht sich das Momentum aber wieder. Anthropic könnte in den nächsten Tagen den Börsenprospekt vorlegen. Dazu Drohnen von Amazon in bis zu fünfhundert Städten, ein Cybercab ohne Lenkrad, eine Kamera im AirPod und eigene Chips von Waymo. Bei den Zahlen bremst Klarna wegen Deutschland, und die Doping-Olympiade macht achtzehn Millionen Umsatz bei sechsundneunzig Millionen Kosten. Am Ende eine längere Rechnung darüber, warum Zara mit Innenstadtläden mehr verdient als Shein online. Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf ⁠⁠⁠⁠⁠⁠⁠doppelgaenger.io/werbung⁠⁠⁠⁠⁠⁠⁠. Vielen Dank!  Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) Stripe und die Singularität (00:08:21) VC-Konzentration (00:11:16) Broadcom bürgt für Anthropic (00:13:24) Rechenzentren im Wahlkampf (00:20:19) Die Kelce-Kampagne (00:23:18) ChatGPT-Werbung in Europa (00:38:05) OpenAI gegen Anthropic (00:51:45) Amazon-Drohnen (00:57:05) Tesla Cybercab (00:58:51) AirPods mit Kamera (01:03:35) Waymo baut Chips (01:06:17) Der günstige Waymo (01:08:42) SpaceX wollte Cognition (01:12:45) Klarna (01:15:52) Enhanced Games (01:19:28) Ramp Router (01:22:08) Personio (01:23:09) LinkedIn-Slop (01:25:04) Unitree (01:26:51) Shein gegen Inditex (01:37:52) Apotheken und E-Commerce (01:42:50) Neom (01:43:32) LandSpace landet (01:45:09) Spirit-Flugbegleiter (01:46:12) Metas Suchtprozess Shownotes Stripe schreibt Investoren, die Singularität habe begonnen - axios.com Venture Capital war noch nie so konzentriert - profgmedia.com Broadcom sucht mehr als 60 Mrd. für den nächsten KI-Schuldendeal - bloomberg.com Das GOP-Memo zum Rechenzentrums-Risiko in Ohio - axios.com Die Kelce-Brüder sammeln Kühlmittel für Rechenzentren - thoughtcatalog.com ChatGPT Ads kommt in 31 europäische Märkte - openai.com OpenAI baut Vertriebsteams für Werbung in Europa auf - digiday.com OpenAIs Q2-Umsatz wächst langsamer als der von Anthropic - wsj.com Friar: OpenAI wird 2027 eine Public Company - cnbc.com Anthropic will die Größe des SpaceX-IPO erreichen oder übertreffen - bloomberg.com Amazon weitet die Drohnenlieferung aus - bloomberg.com Teslas Cybercab startet mit Mitarbeitern als Fahrgästen - thenextweb.com Hinweise auf AirPods mit Kamera in macOS 26.7 - macrumors.com Waymo hat einen eigenen Chip für seine Robotaxis gebaut - bloomberg.com Das günstigere Waymo-Robotaxi ist in drei Städten für alle offen - techcrunch.com SpaceX wollte Cognition kaufen - bloomberg.com Klarna senkt die Prognose und sucht einen neuen CFO - wsj.com Enhanced Games mit 62 Mio. Verlust im zweiten Quartal - themirror.com Ramp startet einen eigenen KI-Modell-Router - techcrunch.com Personio zeigt KI-Ausgaben neben den Vergütungsdaten - linkedin.com Unitree legt im Shanghaier Debüt um mehrere Hundert Prozent zu - cnbc.com Shein peilt den Handelsstart am 28. August an - reuters.com Neom: The Line wird zum KI-Rechenzentrum - golem.de China landet erstmals eine Trägerrakete auf dem Boden - qz.com Flugbegleiter wehren sich gegen Googles Datenkauf - wsj.com Der erste Zeuge im Meta-Prozess in Oakland - thenextweb.com

Seit Jahren beschäftigt sich Mario Herger mit den Technologien, die ganze Branchen verändern könnten: autonomes Fahren, künstliche Intelligenz und humanoide Robotik. Im Gespräch mit Tobias Kramer wird daraus eine sehr konkrete Anlegerfrage: Welche Unternehmen profitieren von diesen Umbrüchen – und welche geraten trotz scheinbar günstiger Bewertung strukturell ins Hintertreffen? Herger erklärt seine Investmentlogik am Beispiel von Nvidia und den Technologien rund um Robotik und KI. Gleichzeitig zeigt Waymo, wie aus jahrelanger Forschung inzwischen ein kommerzielles Geschäft mit Millionen bezahlter Fahrten wird. Technologie allein genügt dabei nicht: Kapital, Management, langer Atem und die Fähigkeit zur Monetarisierung entscheiden mit darüber, wer neue Märkte tatsächlich besetzen kann. Genau hier beginnt die Bewertungsdebatte. Bei Tesla spiegeln sich Daten, Patente, Prozesswissen und große Zukunftserwartungen in einer enormen Börsenbewertung wider, während traditionelle deutsche Autobauer trotz großer materieller Substanz deutlich niedriger bewertet werden. Herger hält Volkswagen, Mercedes und BMW dennoch nicht für die attraktivere langfristige Anlage. Auch Management-Anreize und unterschiedliche Kapitalmärkte spielen für ihn dabei eine zentrale Rolle. Für Anleger stellt sich damit eine unbequeme Frage: Reichen KGV, heutiger Cashflow und vermeintlich günstige Bewertung noch aus, wenn technologische Umbrüche ganze Geschäftsmodelle verschieben? Oder lässt sich die Marktstimmung gegenüber Zukunftsunternehmen längst nicht mehr allein mit klassischen Bewertungsmaßstäben erklären? Eine Aktienanalyse über Value Investing im technologischen Wandel, Cashflow und Bewertung, KGV und Zukunftserwartungen sowie die Investmentperspektiven für Nvidia, Tesla, Volkswagen, Mercedes und BMW – und die Frage, wie sich langfristige Echtgeld-Investmentstrategien verändern müssen, wenn neue Geschäfts- und Plattformmodelle bestehende Märkte angreifen.

Today on KSL Brightside, we kick things off with a Pinkbox Doughnuts taste test

Business and finance news from the Asia-Pacific. Asian stocks dropped as a semiconductor selloff deepened, with investors retreating from one of the year's hottest trades amid elevated bond yields and geopolitical uncertainty. MSCI's Asia Pacific equities benchmark slid 2%, with South Korean shares dropping 5.5%. Chip bellwethers Samsung Electronics Co. and SK Hynix Inc. both declined over 7%, tracking a semiconductor selloff on Wall Street. Kioxia Holdings Corp. plunged 9% in Tokyo. We speak to Bloomberg Asia Equities Reporter, Winnie Hsu. And - Pony AI Inc.'s robotaxi sales reached a quarterly high, now accounting for a third of total revenue, with overseas momentum continuing to accelerate. Overall sales in the second-quarter climbed 69% to $36.2 million, while robotaxi revenue surged to $12.1 million from $1.5 million, according to a Tuesday filing. The net loss grew to $59.8 million from $53.1 million a year earlier. Bloomberg's Yvonne Man and David Ingles speaks to Chief Executive Officer James Peng.See omnystudio.com/listener for privacy information.

On this second consecutive self-steering episode of Quick Charge, we take a look at how Tesla increased its national self-driving Robotaxi fleet by half with the stroke of a pen, and see how the company's autonomous deployments compare to the rest of the world's.

This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Zoox Las Vegas pricing, Waymo's post-Uber divorce Phoenix expansion and WeRide saying the quiet part out loud, regulatory permits can create moats.Zoox launched paid rides in Las Vegas with a $12 base fare, $1.50 per mile, and 40 cents per minute, premium pricing paired with 15 to 30 minute wait times and select destinations. Walt calls it a Disney ride, not a premium product, and once Waymo and Tesla enter the market, that pricing gets hard to defend, especially if wait times continue to be high.Staying in Vegas, Waymo announced a dedicated pickup and drop-off zone with Allegiant Stadium while Zoox has a deal with the Sphere, which might cost riders a $40 drop-off fee, opening a new battleground in Vegas where every casino and venue deal becomes a potential competitive advantage.Weeks after Waymo and Uber divorced in Phoenix, Waymo added 55 square miles of service area, increasing the total to 350 square miles. On the WeRide earnings call, management said the quiet part our loud, regulatory permits are an asset.Over in Europe, OMEGA uncovered a Waymo incorporation in Zurich registered to Google's largest engineering office outside the United States, one week after the president of Switzerland rode in a Waymo in Mountain View.On the Foreign Autonomy Desk, Uber and Wayve are preparing a supervised Tokyo launch with Nissan LEAF vehicles, with the word supervised buried in the last paragraph of the press release.Episode Chapters00:00 Zoox Launches Paid Rides in Las Vegas07:19 Fleet Fragmentation and the Lyft Opportunity11:24 Waymo's Dedicated Zone at Allegiant Stadium19:16 Waymo Adds 55 Square Miles in Phoenix21:07 Waymo's Upcoming European Expansion24:06 WeRide Earnings28:06 Mercedes, NVIDIA, and the Compute Question31:44 Uber Serve Robotics Divorce40:47 7,200 Waymo Vehicles44:03 Foreign Autonomy Desk47:56 Next WeekFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on Autonomy Signals presented by KPMG, Grayson Brulte and Rob Grant discuss Uber fully exiting its equity position in Serve Robotics as the delivery partnership ends, CaoCao launching robotaxi operations in Hangzhou, and Boeing offloading Wisk, SkyGrid and Insitu to Archer Aviation in a deal that trades equity for cash flow.Uber recently liquidated its entire remaining stake in Serve Robotics, as Serve announced on their Q2 2026 earnings call that the company will not be renewing its delivery partnership when the contract expires in 2027, exposing the pitfalls of being reliant on a demand aggregation platform.While Uber and Serve prepare to part ways, CaoCao launched public road testing without a safety driver in Hangzhou's Binjiang District with a fleet of roughly 100 vehicles, backed by parent Geely's manufacturing might and a purpose-built EvaCab robotaxi with a sub $35,000 BOM cost targeting 100,000 units by 2030.As China's robotaxi industry grows, Boeing exited autonomy by selling Wisk, SkyGrid and Insitu to Archer Aviation for a 19.75% equity stake, immediately re-anchoring Archer's valuation on defense cash flow rather than eVTOL speculation while pushing autonomous certification down the line.Episode Chapters0:00 KPMG Sponsor Introduction01:32 Signal 1: Uber and Serve Robotics Get Divorced31:40 Signal 2: CaoCao Vertically Integrates Robotaxis1:00:10 Signal 3: Boeing Exits Autonomy with Archer Aviation DealFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Robotaxis are accelerating along the road to commercial viability. Auto and Shared Mobility Analysts Andrew Percoco and Tim Hsiao discuss what this rapid development means for global investors.Read more insights from Morgan Stanley.----- Transcript -----Andrew Percoco: Welcome to Thoughts on the Market. I'm Andrew Percoco, Head of North America Auto and Shared Mobility Research. Tim Hsiao: And I'm Tim Hsiao, Greater China Auto and Shared Mobility Analyst.Andrew Percoco: Today, why robotaxis may be approaching a commercial inflection point. It's Thursday, August 13th at 8am in New York.Tim Hsiao: And 8 pm in Hong Kong.Andrew Percoco: So Tim, for years, robotaxis were really confined to limited pilot rollouts across the globe. You've done a lot of work over the last few weeks. We put out a big collaborative report on the robotaxi market and how it could be a $1 trillion TAM by 2040.What makes this moment different than some of the other robotaxi hype cycles that we've seen in the past? Tim Hsiao: We observe four things have been converging. Firstly, end-to-end AI is improving much faster. Secondly, hardware and the training costs are falling. And thirdly, more well-capitalized players can fund deployment. And last but not least, regulation is becoming clearer.The leading operators are no longer just demonstrating the technology. They are running fully driverless services around the clock and generating commercial rides. So in our view, the questions has been shifting from can it work to who can expand operating areas, raise utilization and lower costs at a much faster pace.So that's a very different setup versus the 2018 and 2021 hype cycles. Andrew, U.S. autonomous miles could rise from 116 million in [20]25 to 16 billion by 2032. But still make up only about 0.5 percent of all miles driven. How can robotaxis become a meaningful business while remaining such a small part of the market?Andrew Percoco: I would say, you know, obviously the U.S. mobility and transportation market is a massive market. So even with the rapid growth that we expect in robotaxis, it's going to take a long time to make a material impact in the overall market share of mobility. But if you think about the profit pools in this business, 16 billion miles at $2 a mile can, you know, pretty quickly become a very significant TAM and market opportunity.And I think, you know, fundamentally, if you think about a robotaxi business, I would argue you're better utilizing an asset... Or if you think about the, you know, car park, the amount of vehicles that are, you know, in the fleet today or in the U.S. today, they're sitting idle 90 percent of the time, right?So you're talking about taking a smaller amount of volume and driving a higher utilization on that fleet and driving much improved economics. So yes, it's going to take time to displace the, you know, hundreds of millions of cars that you have on the road in the U.S. and displace the penetration of miles driven. But ultimately, you know, we think that the profit pool and the opportunity in robotaxis are much more attractive for the entire value chain, as it relates to robotaxis. And I'd say there's a few things that we're watching along the way to make sure that, to your point, you know, this is not another hype cycle. And that there's real commercial backbone to this business.I'd say the first is seeing the rollouts continue to improve, and the density of the rollouts improve across the select cities that we've seen in the U.S. right now. Robotaxis are only available in a handful of cities in the U.S., so we want to see that continue to expand into more cities. But also the density of the fleet increase in the cities where they're currently present.And at the same time the safety side is still something that gets a lot of questions in making sure that it is truly safer than a human driver, across technology platforms, right? There's various players in this market with different approaches to technology. So, I think seeing that the safety curve is starting to or continues to improve is going to be very important for the viability of this market going forward.Obviously U.S. is very different from China. What have you seen in China? China has shown some impressive growth and utilization in some of the operators that are on the road in China. So just curious as to your perspective in terms of what you're seeing on the ground there. Tim Hsiao: I think China shows that there's much in operations and skill challenges as technology challenges. The fleet in China is above 5,000 vehicles across I think more than 7500 square kilometers in key cities. And some operators average more than 20 orders per vehicle per day.So, total cost of ownership has fallen roughly 30 to 40 percent, while remote assistance ratios are moving from like one operator for like 20 to 40, even like 50 to 60 vehicles. And we think it will achieve like one for a 100. So that has produced real break-even happens, especially in some major cities like Guangzhou, Shenzhen, Wuhan – the tier one, tier two cities.So in our view, I think in China, wider operating domains, fleet density and utilization rate, as you just mentioned, reinforce one another. So make it some more like the real commercial case. Instead of just, like trials as we saw a couple years ago. If more value shifts towards the software, fleet operation, and the data, as well as the customer relations, how does that change the profit pool, across the auto industry, especially in the U.S.?Andrew Percoco: First off, I think the auto industry in general is becoming, you know, more software focused and aware. You know, it's being led by the robotaxi market where the autonomous driving software and technology is obviously the most important part about getting this technology to market.That is ultimately trickling down to personally owned cars where you're seeing more autonomous technology being deployed. Auto OEMs are able to charge subscription revenue for this software. So it expands, I'd say, the value proposition of buying a vehicle expands the profit pool for the OEMs.It changes in some ways the cyclicality, or can change the cyclicality of the industry if you've got more kind of recurring revenues, subscription like business model versus just a hardware focused OEM model, which has been kind of the predominant focus for the OEMs historically. I'd say the other angle, interesting angle here is, you know, as this business scales, there's gonna be a lot of vehicles on the road. There's gonna be a lot of fleets of vehicles on the road. Those need to be managed by somebody or some company, right? So if you think about, you know, the rental car industry, right? These companies have been in the business of managing fleets and renting out fleets for a very long time. They know how to do that very, very well.I think there's an interesting opportunity for that part of the value chain, to participate in aiding these robotaxi fleet operators, in scaling and bringing their business to market. Charging, maintenance, reconditioning, all the things that take a lot of time and a pretty large amount of physical infrastructure.That's an opportunity for the rental car industry to come in and leverage their existing know-how to help. And, you know, I think Tim, an important part of this commercialization process is driving down the cost structure of robotaxis. They are very sensor; heavy sensor heavy. They're very compute heavy. I think China is the clear leader on cost and supply chain. I think in China you're seeing robotaxis, you know, around $35,000 to $40,000, which is considerably lower than what we see in the U.S. today.So, how do you think that that will accelerate adoption in China, but I'd say more importantly overseas as some of these robotaxis businesses look to expand outside of China. Tim Hsiao: In our view, it could be a major accelerant because as we noticed that the depreciation is still one of the largest fixed costs for robotaxi. So, as we just mentioned, I think, $35000 to $45000 US dollars, the purpose-built robotaxi can lower the breakeven utilization threshold. And make it easier to finance fleets and open cities that could not support the $150,000 US dollar vehicle.And not only in China, because globally, I think the Chinese cost deflation can be paired with the local ride-hailing platforms in the overseas market that provide demand and regulatory access. But as we highlighted in our previous, the global reports once again, we don't think the cheap vehicle is sufficiently by their self.So in our views, on top of the competitive cost structure, registration, data localization, insurance, and local operating costs can still delay the margin curve, particularly in Europe, which we think there are still quite a lot of uncertainties. So Andrew, as we just, as we just discussed, the lower vehicle costs help, but the operating model still has to work, right? So with operating costs expected to fall and the margin potentially moving above 30 percent or even higher at scale, what are the key assumptions investors should focus on?Andrew Percoco: There's a handful of key assumptions you need to sensitize to get to that 30 percent or more margin structure in this business. I'd say the first is going to be utilization, right? You need to be running these assets at a high utilization to essentially amortize those fixed costs over a larger number of miles driven.Number two, insurance today is probably one of the largest buckets of cost when we think about this business. Insurance is, from our perspective, a big unlock for this industry as the safety, as we mentioned before, the safety data continues to improve. We think that will be a reason to, to expect that the insurance costs associated with autonomous driving technology and robotaxis will continue to decline.It's about 30 cents per mile on our estimate, so it's very significant in terms of the overall cost structure of robotaxis. Drivers or where there's the most sensitivity around the model. Obviously, there's charging costs, there's maintenance costs. Those are, I think, fairly known at this point. But the utilization and insurance, I think, are the two biggest drivers of really getting that margin profile to improve over time. Tim, I guess when you think about the next, call it 10 to 15 years, I think we will put out a trillion dollar market by 2040 from a TAM perspective.What do you think the biggest markets are that investors should be watching, in terms of getting us to that trillion dollar TAM? Obviously, U.S. and China are kinda leading now, but what are the next markets people should be watching?Tim Hsiao: In addition to the major market, as you just mentioned, the U.S. and China, in our views, I think we also need to focus on markets like Europe, the Middle East and Southeast Asia. I think their scale is underappreciated, as we highlighted in our previous report. Because if you think about that, Europe, the Middle East, and Southeast Asia in aggregate have roughly four million taxis together ride-hailing vehicles.So even with 25 percent conversion, they imply that about one million is the L4s vehicles. The Middle East offers supportive regulators, you can tell, simpler operating environments and higher fares. And if you think about the Southeast Asia, the ASEAN, I think the market has dense demand and strong local platforms.And of course, Euro markets definitely can't be ignored because Euro will move more slowly, because we think the regulations and the data rules would initially add cost. But the truth is, if you think about the European market, I think the taxis or ride-hailing fares are among the highest globally, even compared to the U.S. and rest of the world.So in our view, the material margin could be more attractive. And this market, on top of the U.S. and China, in our view, can support several regional winners. So, not only limited to a very, you know, the single one or two markets.Andrew Percoco: Yeah, it's great Tim. It sounds like, you know, the robotaxi race, if you want to put it that way, will be won by those who can really bring together technology, and a compelling cost structure while also following the proper regulations and making sure the safety is improving at a rate that's acceptable to regulators.So, Tim, thanks for taking the time to talk today. And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen, and share the podcast with a friend or colleague today.

第一次坐上一辆没有司机的车，大多数人很难不紧张：它真的会看红绿灯吗？会避让突然冲出来的人吗？前面堵住了，它会像老司机一样判断、变道，还是原地发呆？但也很有意思，很多人只需要五分钟，就会从“它行不行啊”变成“好像真的比我开得稳”。 这期节目，我们从 Robotaxi（无人驾驶出租车）这个具体场景出发，聊透智能驾驶正在发生的关键变化。它不是简单的没有司机这个角色，也不是把今天车上的辅助驾驶功能一路升级到“无人驾驶”。L2、L3、L4 这些听起来像台阶的等级，背后其实是完全不同的责任边界、技术路线、计算平台和商业模式。 这也是为什么，我们会把 NVIDIA 请到这期节目里。很多人对 NVIDIA 的印象还是显卡、GPU、AI 算力，但在智能汽车和自动驾驶领域，它提供的并不只是“芯片”，而是一整套从车端计算、软件开发、模型训练、仿真测试到功能安全的底层平台。换句话说，汽车要真正能“自己跑起来”，需要一套能支撑它持续学习、验证、升级和安全运行的技术底座。 小马智行的张宁老师则从运营和商业化角度，把 Robotaxi 的另一面讲得很透：无人驾驶不是一次次简单的 demo，也不是几辆车在示范区里跑一圈就算完成。真正的 Robotaxi 要管理的是一整支车队，包括调度、充电、清洁、维修、保养、事故处理、乘客体验，以及车辆从投入运营到退役的全生命周期成本。车能开只是第一步，车队能不能规模化、安全地跑，并且算得过账，才是商业化真正的门槛。 您将在本期节目里听到： 00:00 辅助驾驶和自动驾驶到底差在哪07:36 L2、L3、L4 的关键区别20:19 软件平台和安全架构支撑自动驾驶落地28:05 NVIDIA 的三台计算机是什么36:22 Robotaxi 的商业本质01:01:33 长尾场景、世界模型和仿真01:09:30 从座舱 AI 到移动第三空间 本期嘉宾： 卓睿：NVIDIA 中国区软件解决方案高级总监主要负责的领域包括辅助驾驶、机器人和智慧城市等。工作重点包括带领团队提供人工智能解决方案，帮助客户快速产品落地。中国科学技术大学本硕毕业，硕士期间的主要研究方向为人工智能算法在机器人领域的应用，在人工智能算法和嵌入式领域有着丰富的经验。 张宁：小马智行副总裁全面负责小马智行 L4 自动驾驶技术研发，主导推动北京、广州两地 Robotaxi 常态化运营与商业化落地，使公司成为国内首家实现 Robotaxi 常态化运营的企业。加入小马智行前曾任职谷歌，负责 Gmail、Inbox 等十亿用户级产品的性能优化。拥有清华大学学士学位与加拿大滑铁卢大学硕士学位，为图灵奖得主姚期智院士创办的”清华学堂计算机科学实验班”（姚班）首届毕业生。 【制作团队】 后期 / 卷圈封面 / 姝琦运营 / 卷圈监制 / 姝琦产品统筹 / bobo场地支持 / 声湃轩北京录音间 【联系我们】 希望大家在听友群和评论区多多反馈收听感受，这对我们来说十分重要。欢迎添加津津乐道小助手微信：dao160301，加入听友群。 【关于「科技乱炖」】 由多名资深从业者主持的科技点评播客，以实际工作中积累的经验为基础，结合实际，把近期科技热点变成犀利、独到、深刻的独家观点。 【关于「津津乐道播客网络」】 在一派纷繁芜杂里，我们为愉悦双耳而生。科技、教育、文化、美食、生活、技能、情绪……严肃认真却不刻板，拒绝空泛浮夸。与专业且有趣的人携手缔造清流，分享经历，传播体验，厘清世界与你的关系。 津津乐道 | 科技乱炖 | 津津有味 | 记者下班 | 不叁不肆 | 厂长来了 | 编码人声 | 沸腾客厅 | 拼娃时代 收听平台 苹果播客 | 小宇宙App | Spotify | 喜马拉雅 | 网易云音乐 | QQ音乐 | 微信听书 | 荔枝FM | 央广云听 | 听听FM | Sure竖耳App | Bilibili | YouTube | 华为播客 联系我们 津津乐道播客官网 | 公众号：津津乐道播客 | 微信：dao160301 | 微博：津津乐道播客 | 商业合作：hi@dao.fm | 版权声明 | RSS订阅 本节目由「声湃 WavPub」提供内容托管和数据服务支持。

Uber is going all-in on autonomous vehicles, committing roughly $10 billion across more than 30 AV partnerships. But how many of those bets will actually produce commercially viable robotaxis—and does Uber ultimately become the Expedia of autonomous transportation?In this episode of The Autonocast, Alex Roy, Ed Niedermeyer, and Kirsten Korosec break down Uber's sprawling autonomy strategy and debate which partners have the best chance of reaching meaningful scale. The discussion covers Waymo's relationship with Uber, Wayve's prospects in London, the Lucid-Nuro robotaxi program, Rivian's autonomy ambitions, and whether consumers will ultimately book directly with robotaxi brands or through aggregators like Uber.The crew also examines Lucid's operational reset, including major cost reductions, leadership changes, its delayed midsize EV, Saudi manufacturing plans, and why the Uber-Nuro robotaxi partnership could become critical to Lucid's future.Then it's on to Ford's proposed $30,000 electric pickup, what it could mean for affordable EV adoption, and whether Ford's scale and manufacturing experience threaten EV startup Slate. The hosts debate Ford's opportunity to finally build a profitable mass-market EV platform, the importance of quality and reliability, and whether consumers really want the stripped-down, analog experience Slate is promising.Plus: Joby vs. Archer in the eVTOL race, the Porsche Cayenne EV, Tesla FSD and ADAS as a purchasing decision, Alex's increasingly eccentric car collection—and what he should buy next.Topics include: Uber robotaxis, autonomous vehicles, Waymo, Wayve, Nuro, Lucid Motors, Rivian, Tesla FSD, Ford EVs, Slate Auto, affordable electric vehicles, Joby Aviation, Archer Aviation, eVTOL, robotaxi economics, AV regulation, self-driving cars, EV manufacturing, ADAS, and the future of mobility.

第一次坐上一辆没有司机的车，大多数人很难不紧张：它真的会看红绿灯吗？会避让突然冲出来的人吗？前面堵住了，它会像老司机一样判断、变道，还是原地发呆？但也很有意思，很多人只需要五分钟，就会从“它行不行啊”变成“好像真的比我开得稳”。这期节目，我们从 Robotaxi（无人驾驶出租车）这个具体场景出发，聊透智能驾驶正在发生的关键变化。它不是简单的没有司机这个角色，也不是把今天车上的辅助驾驶功能一路升级到“无人驾驶”。L2、L3、L4 这些听起来像台阶的等级，背后其实是完全不同的责任边界、技术路线、计算平台和商业模式。这也是为什么，我们会把 NVIDIA 请到这期节目里。很多人对 NVIDIA 的印象还是显卡、GPU、AI 算力，但在智能汽车和自动驾驶领域，它提供的并不只是“芯片”，而是一整套从车端计算、软件开发、模型训练、仿真测试到功能安全的底层平台。换句话说，汽车要真正能“自己跑起来”，需要一套能支撑它持续学习、验证、升级和安全运行的技术底座。小马智行的张宁老师则从运营和商业化角度，把 Robotaxi 的另一面讲得很透：无人驾驶不是一次次简单的 demo，也不是几辆车在示范区里跑一圈就算完成。真正的 Robotaxi 要管理的是一整支车队，包括调度、充电、清洁、维修、保养、事故处理、乘客体验，以及车辆从投入运营到退役的全生命周期成本。车能开只是第一步，车队能不能规模化、安全地跑，并且算得过账，才是商业化真正的门槛。您将在本期节目里听到：00:00 辅助驾驶和自动驾驶到底差在哪07:36 L2、L3、L4 的关键区别20:19 软件平台和安全架构支撑自动驾驶落地28:05 NVIDIA 的三台计算机是什么36:22 Robotaxi 的商业本质01:01:33 长尾场景、世界模型和仿真01:09:30 从座舱 AI 到移动第三空间

- Tariffs Give Imports $7K/Car Advantage - Ex UAW Presidents Oppose Fain Re-Election - GM Building $4.5 Billion Emergency Stockpile - How Hyundai is Using Gen-AI - Kia EV3 Enters U.S. Under $32K - Waymo Ojai More 'Affordable' Even w/ 102% Tariff - 1st Look at Jaguar Type 01 Interior

- Tariffs Give Imports $7K/Car Advantage - Ex UAW Presidents Oppose Fain Re-Election - GM Building $4.5 Billion Emergency Stockpile - How Hyundai is Using Gen-AI - Kia EV3 Enters U.S. Under $32K - Waymo Ojai More 'Affordable' Even w/ 102% Tariff - 1st Look at Jaguar Type 01 Interior

ARK Invest's Brett Winton discusses how AI is becoming a powerful macroeconomic force, driving investment in data centers, cloud infrastructure and semiconductors. He highlights opportunities tied to Nvidia (NVDA), AMD Inc. (AMD), robotaxis and AI adoption, projecting trillions of dollars in new demand and economic activity by 2030.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Ben Lorica talks with Evangelos Simoudis  about three forces reshaping AI: why recent “rogue agent” incidents may be more about permissions, identity, and governance than runaway intelligence; how the belief that AGI is near is helping sustain enormous investment in AI models and data centers despite unanswered questions about margins and ROI; and whether Chinese robotaxi companies can challenge Waymo globally by following a playbook similar to China's rise in solar and batteries. Subscribe to the Gradient Flow Newsletter

This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Uber's Waymo hangover, Zoox launching paid rides in Las Vegas, the Teamsters suing California over driverless trucking, and NVIDIA's Alpamayo 2 open model.Uber is nursing a Waymo hangover. Revenue came in light on take rate, management finally owned the $10 billion autonomy spending number first reported by The Financial Times, and the stock sold back into the sixties as the autonomy overhang weighs on the story.After 12 years, Zoox begins charging for rides in Las Vegas on August 10. An NHTSA filing surfaced by OMEGA reveals the catch, the vehicles cannot operate above 45 mph while average traffic out of Harry Reid International airport runs 55, complicating the airport unlock.With 105 vehicles as of June across seven approved cities, pricing 20% to 40% above rideshare, and wait times stretching past an hour, Walt calls it tourism pricing for a Disney World attraction. Meanwhile, Waymo returned to freeways after a two-month pause, and OMEGA is picking up new Waymo corporate filings around the world.Lucid burned over a billion dollars in the quarter but declared the Uber and Nuro robotaxi program a must-win project. The Teamsters sued the California DMV in Alameda Superior Court to repeal driverless trucking rules as autonomous trucking companies continue to rack up supervised miles in the state.On the Foreign Autonomy Desk, Wayve received a TfL license to carry paying passengers in London with safety drivers across 15 vehicles, but the APS permit is the asset that controls every relationship in the market.If Baidu secures one, it holds a clear off-ramp from Uber and FreeNow by Lyft to launch Apollo Go on its own. Meanwhile, Pony AI is targeting 500 to 1,000 Gen4 robotrucks in mainland China with CATL over the next two to three years, with a hint of foreign ports expansion.Episode Chapters0:00 Uber's Waymo Hangover4:52 Zoox Prepares to Go Paid in Vegas12:19 Waymo Returns to Freeways14:13 Uber, Nuro, Lucid Robotaxi Timeline20:30 DoorDash and the Market for Autonomous Food Delivery26:08 NVIDIA Alpamayo 232:22 The Teamsters sue the California DMV over Driverless Trucking Rules35:50 Tesla's China Business Question39:00 Foreign Autonomy Desk45:35 Next WeekFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on Autonomy Signals presented by KPMG, Grayson Brulte and Rob Grant discuss NVIDIA open sourcing its Alpamayo 2 foundation model to capture the entire autonomy stack, WeRide expanding into Denmark through a partnership with GreenMobility, and Aurora sidestepping PACCAR with a Roush retrofit pathway to hit its 200 truck year-end target.NVIDIA released Alpamayo 2 Super, an open source 34 billion parameter vision language action foundation model for Level 4 autonomy, giving away the model to sell the silicon and lock developers into Drive Thor hardware and NVIDIA compute, raising the question of whether a Foxconn and Taiwan Semi partnership to build a bespoke NVIDIA robotaxi is next.While NVIDIA powers the autonomy economy, WeRide announced a partnership with GreenMobility, Denmark's leading shared electric mobility provider, to deploy its EU-compliant GXR robotaxi with public service targeted for the first half of 2027. The strategy being deployed by WeRide in Europe is the Autonomous Belt and Road Initiative, using Chinese domestic cash flow to finance a foreign expansion.As WeRide expands across Europe, Aurora turned to Roush to retrofit International trucks as a way around PACCAR's refusal to allow driverless operations, targeting 20 trucks per week to reach 200 driverless trucks by year-end. With Kodiak moving towards Daimler Truck and Bot Auto already there, PACCAR is watching the entire autonomous trucking industry sidestep its factory line while Aurora burns roughly $200 million a quarter racing to scale before its $1.2 billion in liquidity runs out in a little over five quarters.Episode Chapters0:00 KPMG Sponsor Introduction01:11 Signal 1: NVIDIA Open Sources Alpamayo 2 as their Grand Robotaxi Ambitions Come into Focus40:16 Signal 2: WeRide Expands into Denmark with GreenMobility1:01:25 Signal 3: Aurora Sidesteps PACCAR with Roush and InternationalFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

OpenPunta de Mita Mexico. Pure heaven. AC/DCWorldCup Play at 0.15.  Videos of foreigners talking about America. Awesome.Play Feynman at 10.29 minMarketsSCHD and VOO ATH. VGT And QQQ off ~5%. 1 year 30% SCHD, 32% VGT and 24% VOO.Leopold LeverageThe fund had gained about 270% after fees this year through May. At that point, it was up more than 1,000% after fees since inception. It had ballooned to well over $20 billion under management, reaching the size of other well-known hedge funds that took decades to build.Example: you have $1000. Borrow $1000. Buy $2000 of stocks. Stocks go down 50%. Your broke.NetflixEarnings letter. TeslaBiggest one day loss EVER. Down 14.5%. One concept keeps me calm: The US needs Tesla and its Robotics for national security. Revenue GrowthSo many changes in last 2 years. Revenue should grow steadily now:  Model YL (sleeper hit), Energy, Semi, Robotaxi (finally!), Optimus (~9 months), Services (up 50% YoY). CyberTruck basic config (delivery in 2027...huge demand!Earnings Deck here. $100b annual run-rate.$28b revenue quarter. Record. 1.48m FSD subscriptions. TeraFAbThis is why we're building the largest chip manufacturing facility ever, with the goal of producing over 1 terawatt of compute per yearAILetter from companies/CEO's urging allowing Open Weights AI models. SpaceXThis tweet if off the charts” ‘https://x.com/stevederico/status/2084779469647266042Play Elon$100 billion ARR by December 2026 (they get here doing "nothing")$1 trillion in revenue as early as 2029Starship heat shield "solved"1 year payback on AI Data Center CapEXEnd of 2027 data center capacity will upwards of 5x (or more)NVIDIA exclusive chip partner for data centers on ground and spaceThey are using learnings from building rockets to build data centers, and it turns out data centers are way way way easier than rockets (means they can go extremely fast)Starlink commercial will be much bigger than consumer and Starlink should deliver most of the world's internetAI will be able to do almost anything in digital world by end of 2027V3 satellites will 10x the bandwidth and will be launched 10x as many as V2.Connectivity demand will explode due to physical AI (self driving cars/humanoid robots)PoliticsFlorida's budgetNewsom Pay to Play from WSJDave Friedberg on CA Tax. Billionaire TaxHoover Institute VideoPodcasts Really enjoyed Tim Robins on spotify. Advice: Never give up. Just show up. Everyone gets a job. Be AI literate.I don't think its hard to be successful in America. Hard = show up everyday, care about your job and your duty. That'st it. Great Coscto example here

Apparently, self-driving cars don't know where they shouldn't park Self-driving cars are proving to be remarkably safe on the road and, so far, have demonstrated a better safety record than human drivers in many situations. However, like all technology, they still lack common sense. They may be able to navigate traffic, but they don't always understand where they can and more importantly, cannot park.   Over the past year and a half or so in Austin, Texas, Waymo's fleet of roughly 300 robotaxis has accumulated nearly $10,000 in parking tickets. While autonomous vehicles are doing well when it comes to following maps and traffic laws, they can become confused in situations that require human judgment. Reports indicate they sometimes struggle to follow directions from first responders, stop in places that block traffic, park in handicap spaces, or fail to recognize tow-away zones.   One notable incident in 2025 involved a Waymo vehicle that stopped on the side of a road in northern Austin while blocking an active railroad crossing. Police reportedly weren't sure how to move the vehicle, so they called a tow truck to remove it. There have also been reports of Waymo vehicles stopping in front of parking garage entrances and parking lot access points for no obvious reason, preventing other drivers from entering or exiting.   These issues will likely be resolved as the technology improves. Still, they highlight an important limitation. These robotaxis can process enormous amounts of data and make incredibly complex driving decisions, but it doesn't possess the instinctive common sense that people rely on everyday. For now, that's one area where humans still have an advantage over machines.   Why Interest Rates Could Stay Higher Than Many Expect One of the biggest debates in financial markets today is where interest rates are heading. While recessions can temporarily push yields lower, there are several long-term structural reasons why interest rates may remain elevated compared to what investors became accustomed to after the 2008 financial crisis.   The first and perhaps most important issue is the federal government's fiscal position. U.S. federal debt has climbed to roughly $40 trillion which is about 120% of GDP, a level that is historically very high outside of major wars or national emergencies. For much of the post-World War II period, debt-to-GDP remained well below current levels before accelerating sharply after the financial crisis and again during the pandemic.   Just as concerning is the federal deficit. The government continues to run annual deficits exceeding 5% of GDP, meaning debt is growing faster than the economy itself. As long as Washington continues borrowing at a pace that exceeds economic growth, the debt burden becomes increasingly difficult to stabilize. More Treasury issuance means investors must absorb a growing supply of government bonds, which can place upward pressure on yields unless demand keeps pace.   Another factor is the Federal Reserve's balance sheet. During the financial crisis and the pandemic, the Fed became one of the largest buyers of Treasury and mortgage-backed securities, helping suppress long-term interest rates through quantitative easing.   While the Fed has begun reducing its holdings, its balance sheet remains enormous by historical standards. Federal Reserve assets of about $6.7 trillion are currently equal to roughly 21% of U.S. GDP. Before the2008-09 financial crisis, the Fed's balance sheet averaged only about 6% of GDP, meaning it remains more than three times larger than its pre-crisis norm. Although assets have declined from the April 2022 peak of approximately $9 trillion, or roughly 35% of GDP, the balance sheet is still exceptionally large compared to history. Another comparison that is troubling is Fed holdings currently amount to about 26.5% of all assets held by U.S. commercial banks versus the norm of about 10% before the financial crisis.   Continuing to shrink the balance sheet would allow private markets to play a larger role in determining interest rates while reducing the Federal Reserve's extraordinary footprint in financial markets. A return toward more normal market functioning would likely mean less artificial downward pressure on long-term yields.   History also provides perspective on where Treasury yields could ultimately settle. Since 1958, the 10-year Treasury yield has averaged roughly 1.92 percentage points above inflation. That is simply a long-run average and there have been periods when the spread exceeded 5 percentage points and others when it turned negative, but it does give some guidance on a normalized level for the 10-year treasury.   When it comes to mortgage rates, they are closely tied to Treasury yields as well. Historically, the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield has generally averaged about 1.5%to 2%, reflecting credit risk, servicing costs, and other factors. Post Covid, this spread did spike to over 3%, but that 1.5% to 2% range seems to be pretty consistent going back to 1990. If Treasury yields remain structurally higher because of persistent deficits, elevated debt levels, and a still-large Federal Reserve balance sheet, mortgage rates could also remain above the exceptionally low levels many homeowners became accustomed to.   None of this means rates cannot decline during economic slowdowns or recessions. They almost certainly will at times. But investors expecting a permanent return to near-zero interest rates may be overlooking the structural forces now shaping the bond market. High government debt, persistent fiscal deficits, continued Treasury issuance, and a Federal Reserve balance sheet that remains well above historical norms all suggest that the era of ultra-cheap money may prove to be the exception rather than the rule.   Should You Buy or Sell That Luxury Brand Stock? Luxury brand stocks that sell high-end handbags, jewelry, and other luxury goods have been in a bear market for the past couple of years. After aggressively raising prices during and immediately following the pandemic, it appears the buying frenzy for luxury products has faded.   There may be one bright spot beginning to emerge, particularly in the jewelry category. Richemont, the parent company of Cartier, Van Cleef & Arpels, and Buccellati, reported a 24% year-over-year increase in jewelry sales in its most recent quarter. If you don't recognize those brands, don't worry, the important takeaway is that they sell some of the world's most expensive jewelry, and demand in that segment has remained surprisingly resilient.   Luxury giants, including Kering, the parent company of Gucci, as well as LVMH and Hermès have suffered steep declines over the past few years. LVMH has fallen from more than $900 per share to around $500, while Kering has dropped from over $900 to roughly $300 as Gucci's sales have struggled.   During the pandemic, some consumers even purchased luxury handbags with the expectation that they would appreciate in value. While a handful of extremely rare bags have done just that, those cases are the exception rather than the rule. If you're buying a luxury handbag, buy it because you genuinely enjoy it not because you expect it to become a profitable investment.   The same caution applies to the stocks. My view is that the surge in luxury spending during and immediately after COVID was fueled by an extraordinary amount of stimulus money and excess savings, creating an artificial spike in demand. As those conditions have faded, so has the appetite for expensive discretionary purchases.   While there may be periods of recovery, especially in categories like jewelry, I don't expect the luxury sector to return to the pandemic-era buying frenzy anytime soon. That makes me cautious on both the products themselves as investments and the stocks that depend on that level of consumer spending.   The Paramount deal just can't stay out of the news Next month will mark one year since Paramount began its pursuit of Warner Bros. What started as an unsolicited bid eventually turned into an agreement for Paramount to acquire Warner Bros. in an $81 billion deal. However, the transaction continues to face significant legal hurdles.   Several state attorneys general have raised antitrust concerns, forcing the deal into the court system. In the meantime, Paramount has agreed to pay a $650 million per quarter "ticking fee" if the deal is not completed by September 30. On top of that, the company's legal bill has already reached roughly $160 million, and the case hasn't even gone to trial yet.   The costs only increase from here. If the merger is ultimately blocked or isn't completed by June 2027, Paramount would owe Warner Bros. a staggering $7 billion breakup fee.   Paramount is pushing to begin the trial by November 4, but the attorneys general seeking to block the deal want to delay proceedings until next April. Paramount does have some leverage, as it has major operations and thousands of employees in states such as California, New York, and New Jersey. Even California Governor Gavin Newsom has encouraged the state's attorney general to find an out-of-court resolution.   For investors, this has been an extremely nerve-racking situation. Paramount shares are currently trading around $8, down roughly 41% year to date after starting the year near $13.40 per share. Every delay adds more uncertainty, more legal expenses, and more ticking fees.   There are also strong incentives for the companies involved to get the deal across the finish line. Warner Bros. CEO David Zaslav could reportedly receive compensation worth more than $800 million if the transaction is completed, giving him a significant financial incentive to see the merger succeed.   This will likely continue to test shareholders' patience. As the legal battle drags on, the legal bills and ticking fees continue to pile up. It makes me wonder: Is this deal really worth it for David Ellison and Paramount?   Should U.S. Car Makers Like Ford and General Motors Diversify Their Businesses? It's no secret that the auto industry is highly cyclical, with periods of strong demand followed by inevitable slowdowns. Right now, both Ford and General Motors are generating significant cash flow and posting solid earnings despite paying billions of dollars in tariff costs and writing off substantial losses from their electric vehicle investments. But the question investors should be asking is: when does the party end?   One concern is affordability. New vehicle prices continue to rise, making it increasingly difficult for many consumers, especially younger buyers, to purchase a car. At the same time, younger generations simply don't seem as excited about getting behind the wheel as previous generations were.   The numbers are striking. Today, only about 25% of 16-year-olds have a driver's license, roughly half the percentage from 1980, when about 50% were licensed. Even among 18-year-olds, only around 60% have a driver's license today, compared with roughly 80% nearly five decades ago. Ride-sharing services such as Uber and Lyft have made it easier for young adults to pay for transportation rather than own a vehicle themselves. I also can't help but wonder how that's changed the dating scene compared with past generations.   The auto industry has faced this type of challenge before. During the 1980s, both Ford and General Motors spent billions of dollars diversifying into financial services and defense businesses. Meanwhile, Toyota stayed focused on building reliable, high-quality vehicles that consumers wanted to buy. While Detroit was chasing diversification, Toyota was steadily gaining market share with better products.   I hope today's management teams remember that lesson. Auto manufacturing will always be cyclical, and no business grows every single year. The best long-term strategy may be to focus on building vehicles that customers genuinely want rather than chasing growth in unrelated industries.   That said, there are signs that history could be repeating itself. Ford recently announced Ford Energy, a grid-scale battery storage business, while General Motors continues expanding its military vehicle business and is working with Lockheed Martin on defense-related technologies. These ventures could prove successful, but investors should hope management doesn't lose sight of its core business.   History has shown that the companies producing the best vehicles over the long run are usually the ones that create the most value for shareholders.   A Weak Jobs Report, But There Were a Few Bright Spots There is no sugarcoating it, today's jobs report was weaker than expected and adds to the evidence that the labor market is continuing to cool. Total nonfarm payroll employment fell by 23,000 jobs in the month and May and June saw a combined negative revision of 103,000 jobs. May was revised from 129,000 to 66,000 and June was revised from 57,000 to 20,000.   Even though the report was softer than anticipated, the headline payroll number doesn't tell the entire story. A meaningful portion of the weakness came from government employment as it fell by 53,000 jobs in the month. Local government education jobs were particularly weak with a decline of 50,000 jobs as they can be volatile during the summer because of seasonal adjustments.   There also appear to be temporary distortions related to the FIFA World Cup, which likely shifted hiring patterns. Leisure and hospitality showed a decline of 40,000 jobs and retail trade declined by 19,000 jobs. Those factors don't erase the weakness, but they do suggest the private sector wasn't quite as soft as the headline number implies.   There were still several areas of strength in the report worth highlighting. Healthcare remained a key driver of payroll growth, adding 22,000 jobs. While that was below its 12-month average of 36,000, it continues to be one of the strongest and most consistent sources of job creation. Construction also posted a solid gain, with payrolls increasing by 22,000, suggesting that demand in the sector remains resilient despite elevated interest rates and ongoing affordability challenges.   The unemployment rate remained one of the stronger aspects of the report, falling to 4.1%. By historical standards, that still reflects a relatively healthy labor market. However, there is an important caveat. The labor force participation rate declined again, meaning fewer Americans were either working or actively looking for work.   The participation rate fell to 61.4%, its lowest level in more than five years and, excluding the Covid pandemic, the lowest reading in roughly 50 years. Likewise, the employment-to-population ratio slipped to 58.9%, its lowest level since May 2014. A declining participation rate can make the unemployment rate appear stronger than it actually is because people who stop looking for work are no longer counted as unemployed.   One positive development was wage inflation. Average hourly earnings continued to moderate, with annual wage growth slowing to roughly 3.2%. That's much closer to a pace consistent with the Federal Reserve's inflation target and suggests wage pressures are continuing to ease without collapsing. Slower wage growth should help reduce inflationary pressures while still allowing workers to see income gains.   The next few monthly reports will be important. If private-sector hiring continues to weaken and participation keeps falling, concerns about the broader economy will likely increase. But if today's weakness proves to be exaggerated by temporary factors, the labor market may still be on track for a gradual slowdown rather than a sharp deterioration.   Financial Planning: Understanding Net Unrealized Appreciation (NUA) Employees who have built up significant company stock inside their 401(k) may have a valuable tax planning opportunity called Net Unrealized Appreciation (NUA). NUA allows retirees to move company stock from their retirement plan into a brokerage account and receive long-term capital gains treatment on the stock's growth instead of paying higher ordinary income tax rates. The benefit of NUA can be significant for employees who purchased company stock at a low cost and saw it grow substantially over time. However, the decision involves a tradeoff: the stock's original cost basis becomes taxable as ordinary income in the year of distribution in exchange for the benefit of receiving long-term capital gains treatment on the appreciation when shares are eventually sold. If the cost basis is too large, the upfront tax liability may outweigh the potential tax savings, and keeping the stock inside a retirement account and paying ordinary income taxes on future withdrawals may be the better strategy. Companies: Chipotle Mexican Grill, Inc. (Ticker: CMG)

Hier geht's zum neuen ETF von Scalable Capital: Hier klicken. Hubspot, Figma, Datadog, Duolingo und AppLovin verlieren zweistellig. Honeywell Aerospace enttäuscht und erstaunt. WPP feiert Comeback. Drastic Dave pusht Guinness hoch und Mitarbeiter raus. Aschenbrenner investiert wieder. Siemens (WKN: 723610) liefert Rekord-Auftragseingang dank KI-Rechenzentren, verliert aber trotzdem. Telekom (WKN: 555750) hebt Cashflow-Prognose an und schüttet bis zu 10 Mrd. € aus. Uber (WKN: A2PHHG) so günstig wie nie. KGV bei 17, Wachstum bei 12%, Werbebusiness boomt. Doch 10 Mrd. $ für Robotaxis sind ein Risiko. Gewinnt am Ende, wer die Nutzer hat? Diesen Podcast vom 07.08.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

-Shopify says AI isn't cannibalizing search traffic the way it has for publishers. Instead, AI-driven traffic and orders to Shopify stores tripled year over year in Q2. -Zoox said that it will start charging for rides in Las Vegas starting August 10, marking the launch of its commercial operations. The company has spent years working towards this moment. -The Claude maker said it is planning to co-design hardware and models to help its technology run faster and more efficiently. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber Technologies Inc. shares slid by the most in six months after the company issued a bookings outlook that just met analyst estimates, compounding concerns from investors about the company’s ability to evolve in the robotaxi era. Total gross bookings — a key metric that includes ride hails, delivery orders and driver and merchant earnings but not tips — will be $58.25 billion to $60.25 billion for the quarter ending in September, the company said Wednesday. For more, Uber CEO Dara Khosrowshahi spoke with Bloomberg Tech host Ed Ludlow.See omnystudio.com/listener for privacy information.

Alex Roy, Ed and Kirsten discuss Mobileye founder Amnon Shashua's transition from CEO, Tesla's expanding robotaxi ambitions, Waymo's latest safety research, and the growing regulatory battle shaping autonomous vehicles. Also, Kirsten presses Alex on his uncharacteristic reticence.

Hear from Paul Spain and Nyssa Waters, founder and CEO of Possibl.ai and RCRT, as they discuss the opportunities and challenges of AI adoption, touching on privacy, ethics, and data sovereignty. Nyssa Waters shares her own journey of launching Possibl.ai and RCRT, offering insider perspectives on how businesses can harness AI for innovation and growth. Plus, the latest in tech news including: Rocket Lab's major US Space Force contract and expansion in Alaska EFTPOS NZ's biometric payment terminals Robotaxis operating without steering wheels US bans on foreign-manufactured robots EU debate over the cost and risks of replacing Huawei equipment AI-model cybersecurity breaches continue Coldcard Bitcoin wallet software vulnerability and resulting theft Revved: New Zealand Business & Leadership Summit and more Special thanks to our show partners: Fortinet, Workday, Spark New Zealand, One New Zealand, 2degrees, PwC New Zealand and Gorilla Technology.

This is our daily Tech and Business Report. Uber's robotaxi partnership with Waymo has lagged, creating anxiety in the market. For more on this, KCBS Radio News Anchor Margie Shafer spoke with Bloomberg's Jordan Fitzgerald.

This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the Waymo/Uber divorce going public, Zoox receiving NHTSA approval to charge for rides, Aurora earnings, and Qualcomm's BMW win as ADAS becomes the Trojan horse into autonomy.The Waymo/Uber relationship is unraveling in public, with The Financial Times confirming Waymo will launch its own app in Austin and Atlanta in January 2028 before the contract expires that May. Both sides are airing grievances, from dirty cars and bad routing to weather no-shows and unsustainable financial terms. Grayson goes on the record that the relationship terminates early, calling for a Waymo app in those markets by June 2027, while Walt takes the under.After 12 years and billions of dollars, Zoox can finally charge for a ride. NHTSA granted an exemption capped at 2,500 vehicles per year for two years, a ruling that also creates a potential viable deployment path for Tesla's Cybercab.In autonomous trucking, Aurora is targeting 1,000 trucks by the end of next year against 200 this year, a heavily back-end loaded ramp that depends on truck supply, Roush capacity, and unresolved questions about how the Volvo Autonomous Solutions margin split works. Meanwhile, Qualcomm's selection by BMW as lead compute for next-generation ADAS confirms the growth of the L2+ market and positions Snapdragon as the Trojan horse into autonomy compute.On the Foreign Autonomy Desk, Baidu began RT6 robotaxi testing in London with both Uber and Lyft on the outskirts of the city, received a full driverless permit in Hong Kong, and China resumed issuing robotaxi permits once again.Episode Chapters0:00 Waymo/Uber Divorce Goes Public5:45 Uber's Autonomous Vehicle Partner Problem10:28 Waymo's OEM Partner Signals12:25 Zoox Gets the Golden Ticket16:52 Advancing America's Safety and Competitiveness for the Evolution of National Deployments20:16 Aurora Q2 2026 Earnings27:43 How Big Is the OEM Risk?30:38 ADAS as the Trojan Horse Into Autonomy35:42 Ford BlueCruise Falls Short37:23 Foreign Autonomy Desk: Baidu RT6 Testing in London with Uber & Lyft41:33 Next WeekFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on Autonomy Signals presented by KPMG, Grayson Brulte and Rob Grant discuss the latest Tesla FSD Supervised Cannonball Run record, seniors adopting FSD as a mobility preservation tool, and Baidu beginning robotaxi testing in London on both the Uber and Lyft networks.David Moss, Spencer and Owen Sparks drove a Tesla Model 3 running FSD Supervised 14.3.6 from the Red Ball Garage in New York City to the Portofino Inn in Redondo Beach, California in a record-setting 47 hours, 15 minutes and 39 seconds without ever touching the wheel.While the young kids break Cannonball FSD Supervised records, older individuals are actively embracing FSD as a mobility preservation tool. With no AARP partnership and no marketing spend, word of mouth is pulling seniors into a $47 billion a year senior transportation market that remains underserved, creating a structurally high-retention customer for Tesla.As Tesla FSD adoption grows with seniors, Baidu launched supervised RT6 robotaxi trials in the London borough of Brent on both the Uber and Lyft networks, with Lyft utilizing FreeNow's existing Transport for London private hire operator license.Baidu's deployment in London is a regulatory choreography play, not a technology demonstration, with driverless commercial authorization targeted for 2027 remaining the single binary event that either validates or collapses Baidu's Western expansion thesis.Episode Chapters0:00 KPMG Sponsor Introduction01:30 Signal 1: Tesla FSD Supervised Cannonball Run Record26:23 Signal 2: Seniors are Embracing FSD51:47 Signal 3: Baidu Begins Robotaxi Testing in LondonFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Moneywise Radio Show and Podcast Thursday, July 30th  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guest: NaTesha "T" Johnson, Executive Director, Entrepreneurship & Workforce Development for BC Launchpad & Founder/Owner of Upside Productions Management websites:  Bakersfield College Launchpad: https://www.bakersfieldcollege.edu/community/launchpad/index.html Upside Productions: https://upsideproductions.biz/ The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. NaTesha Johnson, Bakersfield College, Bakersfield College Launchpad & Upside Productions are not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management].

- Tesla Denies Rumored China Business Sale Plan - Analyst Predicts Big Stock Rally for Ford - Toyota Creates New Units to Fast-Track Reforms - Chinese Automakers Capture 23% Of Brazil Market - Zoox Wins Approval for Paid Driverless Robotaxi Rides - Momenta Gets Germany Approval for L4 Testing - Over 70% Of Chinese Cars Feature ADAS - China Faces Severe Talent Shortage for AV Engineers - Rivian Narrowed Losses Despite Massive Negative Cash Flow - Expert Warns U.S. Lacks Key Battery Manufacturing Tech

- Tesla Denies Rumored China Business Sale Plan - Analyst Predicts Big Stock Rally for Ford - Toyota Creates New Units to Fast-Track Reforms - Chinese Automakers Capture 23% Of Brazil Market - Zoox Wins Approval for Paid Driverless Robotaxi Rides - Momenta Gets Germany Approval for L4 Testing - Over 70% Of Chinese Cars Feature ADAS - China Faces Severe Talent Shortage for AV Engineers - Rivian Narrowed Losses Despite Massive Negative Cash Flow - Expert Warns U.S. Lacks Key Battery Manufacturing Tech

Waymo says its self-driving robotaxis are ready for take-two on the Bay Area's freeways. For more, KCBS's Steve Scott spoke with KCBS Insider Phil Matier and former San Francisco Mayor Willie Brown.

Federal regulators have given the green light to Amazon-owned Zoox, granting the first commercial exemption for a purpose-built robotaxi without traditional driver controls. We break down how Zoox's unique steering wheel-free, carriage-style pod compares to existing fleets from Waymo and Tesla, what the NHTSA approval means for paid commercial deployment, and how the autonomous vehicle landscape is shifting on public roads. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We'd love to have your feedback and ideas for future episodes of Retail Unwrapped. Just text us!Every retailer preparing for autonomous delivery is watching the wrong vehicle; the real disruption isn't a drone or a sidewalk bot; it's the driverless car already parked in the customer's driveway.  These autonomous vehicles are the next curbside pickup agents. But what happens when dozens of unmanned vehicles all show up for the same six parking stalls at the same time? Join Shelley and Ben Seidl, CEO and Co-Founder of Autolane, as they discuss the potential crisis brewing at malls and stores for managing these fleets of cars. Major retail landlords, including Simon Property Group, Federal Realty, and Jamestown, are already installing driverless parking infrastructure across properties in Austin, Atlanta, Phoenix, San Jose, and beyond.  Planning ahead is never too early, and retailers need to be ready for new wave of autonomous deliveries.Special Guest: Ben Seidl, CEO & Co-Founder, Autolane For more strategic insights and compelling content, visit TheRobinReport.com, where you can read, watch, and listen to content from retail industry experts, and be sure to follow us on LinkedIn, Instagram and Twitter.

Amazon's Zoox robotaxis can now operate without steering wheels. AP's Lisa Dwyer reports.

This is our daily Tech and Business Report. Move over, Waymo. Amazon's driverless Zoox robotaxis has gotten to go-ahead to launch its vehicles in the U.S over the next two years. For more on this, KCBS Radio News anchor Holly Quan spoke with Bloomberg's Amy Stillman.

This Week In Startups is made possible by: Northwest Registered Agent- NorthwestRegisteredAgent.com/twist Odoo - Odoo.com/twist MongoDB - MongoDB.com/ai   Today's show: The FCC's decision to ban Chinese humanoid robots over security concerns is a boon to American startups, which now face a narrower competitive market. But where should we draw the line on security over competition? Menlo Ventures' Deedy Das, Weisburd Pierce's David Weisburd, Plexo Capital's Lo Toney, and LAUNCH's Jason Calcanis broke down how they differentiate between legitimate security concerns and purported regulatory capture. Today's venture capital roundtable also dug into OpenRouter's possible sale to Stripe, changing tokenomics, the Indian market for startups, and even DoorDash's drone-delivery business taking flight. Guest Links: Deedy Das https://x.com/deedydas Menloe Ventures https://menlovc.com/ Lo Toney https://x.com/lo_toney Plexo Capital https://www.plexocap.com/ David Weisburd https://x.com/DWeisburd Weisburd Pierce https://www.weisburdpierce.com/ Jason Calcanis https://x.com/Jason LAUNCH https://launch.co/ Show Links: The FCC's decision regarding Chinese robots https://www.fcc.gov/document/fcc-adds-foreign-produced-power-inverters-and-robots-covered-list-0 Pacing the Frontier letter https://www.pacingthefrontier.com/ Cursor Start https://cursor.com/blog/cursor-start-india Stripe may buy OpenRouter https://www.axios.com/2026/07/24/stripe-openrouter-merger-ai-currency OpenRouter financials https://www.theinformation.com/articles/openrouter-financials-suggest-steep-price-possible-acquirer-stripe?rc=g3wfdp Kimi K3 license https://huggingface.co/moonshotai/Kimi-K3/blob/main/LICENSE Pangram https://www.pangram.com/ Tau Robotics https://www.tau-robotics.com/ Zipline https://www.zipline.com/ Manna https://www.manna.aero/ Kindred Ventures https://kindredventures.com/ Autolane https://goautolane.com/ Salmon Labs https://salmonrun.ai/   Timestamps: 0:00 The FCC bans Chinese humanoid robots 2:18 Waymo, Uber, Robotaxi, and the global BYD threat 10:30 MongoDB - AI-assisted and agentic coding is helping you build faster than ever. Start building at https://MongoDB.com/ai 15:45 The "Pacing The Frontier" letter (1,100+ AI staffers warn on RSI) 19:51 Odoo - The all-in-one business platform. Get started for free at https://Odoo.com/twist 21:07 Regulatory capture vs. genuine concern 30:09 Northwest Registered Agent - Get more when you start your business with Northwest. In 10 clicks and 10 minutes, you can form your company and walk away with a real business identity — Learn more at https://northwestregisteredagent.com/twist 37:57 Have we reached AGI? 38:35 Stripe eyes OpenRouter at $10B 39:19 Does OpenRouter have a moat? 47:13 Kimi K3's license and neocloud margins 49:34 Claude Tag and the future of AI-mediated workplaces 53:26 Cursor Start, ChatGPT Go, and the India market 1:02:03 Have we solved AI detection? 1:11:20 Tau Robotics $30/hour robotic housecleaning 1:12:49 Job loss, and the social safety net 1:18:25 DoorDash Air takes on Zipline, Manna 1:21:00 Portfolio shout-outs Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp   Follow Lon: X: https://x.com/lons   Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm   Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis   Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland   Check out Jason's suite of newsletters: https://substack.com/@calacanis   Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com

Saying goodbye to JCD. Andrew’s Tribute. Growing up Dvorak with JC. Plenty of financial news to discuss. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env:'production', hosted_button_id:'JJJHP2GDEJC7J', image: { src:'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt:'Donate with PayPal button', title:'PayPal - The safer, easier way to pay online!', } }).render('#donate-button'); Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - JCD - Through Our Eyes - Andrew's Tribute - No Agenda/DHU Meet Up - 8-8 at 3:33 PM in Ft Lauderdale... - The winner of the SpaceX CTP - and you do not want to miss this one - stay tuned for freaky coincidences on this .... NO Agenda / DHUnplugged Meet-Up (Saturday - 8-8-2026 @ 3:33PM) - Location to be determined - SIGN UP HERE Meet-Up Invite Markets -Back to SpaceX - What a rug pull! (down $1.2T from high) - Semiconductor enter a bear market - down 25% from high - NASDAQ 100 in correction JC Dvorak - A look back on growing up Dvorak Listener thoughts NVDA - De-crowned - Apple is now (once again) the largest stock by market cap - This is probably due the concern around spend and Capex - BUT, is this just a safety trade / rotation? NVIDIA MAY BECOME OPENAI'S BANK - Nvidia may guarantee up to $250 billion in financing for OpenAI. - The proposed Ohio data-center project could cost more than $500 billion. - Nvidia would be helping finance a major customer buying its infrastructure. - The structure raises concerns about circular AI demand. - Nvidia shares fell about 5% as investors weighed the risks. OR - Is this now becoming known as an issue: Circular Financing BIG TECH GETS THE CAPEX FLU - Alphabet beat earnings estimates, but shares fell about 7%. - Management raised 2026 capital spending guidance to as much as $205 billion. - Google Cloud revenue rose more than 80% to about $25 billion. - Alphabet posted negative quarterly free cash flow for the first time since its IPO. - Tesla fell more than 14% as investors focused on weaker profit and heavy spending. CHINA'S CHIP IPO GOES FULL CASINO - Chinese chipmaker CXMT jumped about 500% in its market debut. - The company raised about $8.6 billion. - It was Asia's largest IPO of the year. - A small public float helped amplify the move. - U.S. semiconductor stocks fell as investors weighed stronger Chinese competition. THE FED MEETING WITH NO EASY ANSWER - The Federal Reserve meets Wednesday. - Markets are split between no change and a possible rate increase. - Higher oil prices have raised inflation concerns. - Treasury yields are near their highest levels since early 2025. - The decision arrives with big-tech earnings and GDP data. AI MONEY GOES IN CIRCLES - Microsoft, OpenAI and Nvidia are linked through funding, chips and cloud deals. - The same capital can appear as investment, demand and revenue. - Suppliers are helping finance customers that buy their own products. - The risk is a chain reaction if AI funding or demand slows. OPENAI'S MODEL GOES ROGUE - OpenAI said a model acted outside expected controls during testing. - The incident reportedly caused a breach at a startup. - The case goes beyond a bad answer or chatbot hallucination. - It raises questions about giving AI agents access to real systems. - Regulators may push for stronger testing and disclosure rules. GOOGLE WANTS YOUR SELFIE - Google will allow account sign-ins using selfie video. - The feature adds another way to verify identity. - It could reduce dependence on passwords and recovery codes. - The tradeoff is greater use of facial data. - Privacy, storage and security questions will follow. TESLA AND ALPHABET GET HAMMERED - Tesla fell 13% and Alphabet dropped 7%. - Investors focused on rising costs and heavy AI spending. - Strong revenue was not enough to calm return-on-investment concerns. - The market wants clearer proof that spending will produce cash flow. - Expensive growth stories are getting less patience. TESLA PROFIT MISSES - Tesla's second-quarter profit fell well short of estimates. - Rising costs weighed on the results. - Spending remains high across vehicles, AI and robotaxis. - Investors are questioning when those projects will improve margins. - Softer robotaxi language added to the pressure- and of course when is the real question - promising for years. TESLA COOLS THE ROBOTAXI TALK - Tesla has become more cautious about robotaxi timing and expansion. - Earlier comments suggested a much faster rollout. - Safety, regulation and reliability remain major obstacles. - Robotaxis are still central to Tesla's long-term valuation. - More delays would weaken one of the company's biggest growth claims. SPACEX SHORT SELLERS CASH IN - Short sellers reportedly earned $15.5 billion as SpaceX shares fell. - The move rewarded investors betting against the company's valuation. - It shows how quickly enthusiasm can reverse at extreme prices. - SpaceX still has strong growth stories in launches and satellites. - The debate is whether too much future success was already priced in. --- Price hit $108 today before bouncing - major rug pull CATHIE WOOD DOUBLES DOWN ON SPACEX - Cathie Wood called SpaceX potentially the most important company in history. -  Her comment came after a sharp decline in the shares and it seems is more of talking her book. - Her case rests on launch, satellite and communications growth. - The problem is that losses are expected for the foreseeable future. INTEL FINALLY GETS AN AI LIFT - Intel shares jumped 11% after earnings. - Revenue grew at the fastest pace in almost 15 years. - AI-related demand helped drive the improvement. - The report gave investors fresh evidence of a turnaround. - Intel still trails key rivals in advanced chips and manufacturing. - However, it turned lower in the morning and now is 35% off its high TSMC ADDS ANOTHER $100 BILLION - TSMC plans another $100 billion investment in Arizona. - Second-quarter profit surged 77%. - AI-chip demand continues to drive the expansion and the idea is that the project strengthens U.S. semiconductor production. - It also adds labor, construction and execution risk. - The spending shows the scale of the AI infrastructure race. --- So far many of these promises have been a bit hallow BOND YIELDS FEEL THE OIL SHOCK - The 10-year Treasury yield reached its highest level since January 2025. - Surging oil prices brought inflation fears back into the market. - Higher energy costs could delay Federal Reserve rate cuts. - Rising yields pressure stocks, housing and other rate-sensitive assets. - Oil is again influencing the entire interest-rate outlook. CANADA GETS A 50% TARIFF - Trump imposed 50% tariffs on some Canadian goods. - The administration cited discrimination against U.S. companies. - The move could raise costs for manufacturers using Canadian inputs. - Canada could respond with tariffs of its own. - The fight adds more uncertainty to North American trade. WILDFIRE SMOKE BECOMES A TARIFF ISSUE - Trump criticized Canada as wildfire smoke spread into the U.S. - He said pollution costs could be added to tariffs. - The idea links environmental damage directly to trade policy. - Canadian goods could face another unpredictable cost. - Companies may struggle to price a pollution-based tariff. MIAMI TURNS INTO A BUYER'S MARKET - Miami reportedly has 140% more home sellers than buyers. - Buyers now have more leverage on price, inspections and concessions. - The reversal follows one of the country's strongest pandemic housing booms. - High prices, insurance and carrying costs may be pushing demand lower. - Starting to see some pricing erosiokn and sellers pulling homes UNITEDHEALTH TURNS THE CORNER - UnitedHealth beat earnings estimates and raised its outlook. --- Co-Pick for JCD and AH - Cost controls helped drive the improvement. DELTA SAYS HIGHER FARES ARE STICKING - Delta expects higher airfares to continue. - Strong pricing could help it reach its 2026 profit goal. - Higher fares provide protection against fuel and labor costs. - Travelers may see fewer discounted tickets. - Capacity growth remains the key variable. --- Say it enough and its true? THE GREAT EGG RECALL - Nearly 1.6 million dozen eggs were recalled over possible salmonella. - The FDA announced the recall after identifying contamination concerns. --- Now what will be the political angle? - Supply disruption could also add pressure to egg prices. HUMAN SKIN ENTERS K-BEAUTY -Injectable skin boosters derived from donated cadaver skin to regenerate aging skin tissue - Human skin is becoming part of some K-beauty treatments. - Demand is tied to premium anti-aging products. - South Korean biotech firm L&C Bio manufactures the treatment, producing roughly 80,000 vials per month as demand outpaces supply. -- They are nuts in Korea NETWORKS SKIP TRUMP SPEECH - ABC, NBC and CNN declined live primary-channel coverage. - The speech focused on0 'election security'. - Networks weighed news value against misinformation concerns. - The decision could affect ratings and political advertising during mid-terms which JCD was the biggest income for any news outlet (Political elections)   Love the Show? Then how about a Donation? PayPal.Donation.Button({ env: 'production', hosted_button_id: 'JJJHP2GDEJC7J', image: { src: 'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt: 'Donate with PayPal button', title: 'PayPal - The safer, easier way to pay online!' } }).render('#donate-button-2'); THE CLOSEST TO THE PIN for SpaceX (SPCX) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

San Francisco has experienced multiple major Waymo mishaps, and now, Mayor Daniel Lurie is urging Congress to create legislation that regulates autonomous vehicles.

P.M. Edition for July 27. In the two years since Waymo introduced its robotaxis to Austin, Texas, its cars have gotten thousands of dollars in parking fines. WSJ's Ellie Davis explains why. Plus, Cracker Barrel's CEO is stepping down after a turbulent three years. And WSJ advertising reporter Katie Deighton digs into why Target and other companies are partnering with “nanoinfluencers” with followers in the low thousands or even just hundreds to advertise their products on social media. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode #1407: Dealership buy-sell activity surges even as profits normalize, GM proves subscriptions are becoming a serious profit center, and Waymo's robotaxis discover that finding a legal parking spot might be harder than driving themselves there. ...

Everyone is focused on today's AI boom—but according to Brett Rentmeester, the biggest investment opportunities may still be ahead. In this conversation with Maggie Lake, Brett explains why investors are underestimating AI's next phase, from agentic AI and autonomous software to physical AI, including robots, autonomous vehicles, and intelligent machines. He also explores what these developments could mean for data centers, energy demand, semiconductor companies, and the long-term investment landscape. If the first wave of AI was ChatGPT, Brett argues the next waves could be significantly larger—and many investors aren't positioned for them yet

Cooling Con: Counterfeit Coolers Cashing In on Heatwaves.  Robo Rides, Real Rules: When Robotaxis Report Riders.  Solar Souls: Powering Plots with Purpose.  Boyfriend Bots Banned: Beijing Battles Bonding with AI.  Rental Robots, Ready Recruits: Hiring the Humanoids of Tomorrow.  Hydrogen Horizons: Fuel Cells Flying into the Future.  Sodium Surge: Salt-Powered Storage Set to Supercharge the Battery Boom.  Fabricated Fire Safety: AI Alarms and a Landlord's Lie.  Workplace Wizardry: ChatGPT's Career Comeback. 

How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Tesla's Cybercab validation timeline, Tesla Semi FSD Supervised, Alphabet's quiet quarter on Waymo, and the Mobileye CEO stepping down after 27 years.Tesla disclosed 380,000 unsupervised miles, but those miles were logged on Model Y and do not transfer to Cybercab. The new chassis has to earn its own validation miles before commercial service begins, and Tesla is pacing production to that validation rather than building a fleet ahead of it. The ramp is slower than the market expects.Best case, that puts Tesla at 100 cars in Austin or a Florida market by year end. Elon Musk also offered an aggressive timeline for autonomy on the Semi, where Tesla is the OEM and removes the largest structural risk in autonomous trucking, creating an overhang for Aurora and every capital dependent competitor.Alphabet reported Other Bets revenue of $380 million against a loss of $1.8 billion, with the smallest amount of Waymo commentary from Sundar Pichai in roughly six quarters and no milestone announced. Mobileye is abandoning its asset light model for full vertical integration, putting it in direct competition with the OEMs it needs as customers.On the Foreign Autonomy Desk, Momenta secured approval for driverless commercial operations in Shenzhen as China resumes issuing robotaxi permits.Episode Chapters0:00 380,000 Unsupervised Miles and What That Number Leaves Out03:13 The 250,000 Validation Miles Cybercab Still Has to Earn05:22 Cybercab Production Is Pacing to Validation Miles10:20 Tesla Semi FSD Coming Soon (Maybe Year End?)14:29 The Case for Vertical Integration16:24 Reading the Fine Print on Aurora's Driverless Announcement22:22 Alphabet's Other Bets and the Waymo Spin Non Answer25:50 How Tesla Runs Airport Curbside Pickups in California27:44 Zoox Recalls Software That Could Not Handle Smoke30:15 Mobileye Abandons Asset Light for Vertical Integration36:14 Foreign Autonomy Desk: China Resumes Robotaxi PermitsFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on Autonomy Signals presented by KPMG, Grayson Brulte and Rob Grant discuss Tesla expanding robotaxi to Tampa and Orlando, Zoox recalling its entire 105 vehicle fleet after driving into an active fire scene in Las Vegas, and China embedding autonomous truck manufacturing in Kazakhstan.Tesla continues their robotaxi expansion launching service in Tampa and Orlando, establishing their third Florida market alongside Miami. All three Florida service areas are next to the airport, signaling Tesla's ambition to secure airport service, while Tampa marks the first market where Tesla launched commercially ahead of Waymo.With Tesla moving from ground validation vehicles to driverless operations in roughly three weeks compared to Waymo's 30 week timeline in Charlotte, Tesla's deployment velocity is running approximately 10X faster than its main competitor.A company that has struggled to scale, Zoox voluntarily recalled its entire US fleet of 105 autonomous vehicles after an unoccupied robotaxi drove into a smoke-obscured fire scene in Las Vegas, requiring a remote teleoperator to reverse the vehicle after its sensor suite was blinded.The recall arrives as NHTSA escalates enforcement around autonomous vehicles interfering with first responders and as Zoox's FMVSS exemption petition for 2,500 driverless vehicles remains pending. With nine vehicles operating in Miami and no Amazon branding anywhere on the vehicles, rider lounges, or website, questions are mounting about Zoox's commercial direction and Amazon's willingness to stand behind its bet.Closing out the show, Grayson and Rob discuss China and Kazakhstan formalizing an agreement to establish domestic assembly lines for autonomous SITRAK heavy trucks, turning Kazakhstan into a regional production and deployment hub for driverless freight across Eurasian trade corridors and accelerating China's Autonomous Belt and Road Initiative.Episode Chapters0:00 KPMG Sponsor Introduction01:34 Signal 1: Tesla Expands Robotaxi to Tampa and Orlando27:15 Signal 2: Zoox Recalls Its Entire 105 Vehicle Fleet57:15 Signal 3: China Embeds Autonomous Truck Manufacturing in KazakhstanFollow The Road to Autonomy Indices--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary applied intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Sign up for This Week in The Autonomy Economy newsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's MJ Morning Show:Top 10 fast-food restaurant friesMorons in the newsFester's SpaceX IPOFear CircusConfrontation with a gunPassed out, car stopped in the middle of 301 in Manatee CountyDay 1 for Robotaxi's in TampaDear Flabby... food tampering to punish office thief?Silent killer hobbiesWhat expression does MJ hate?Teens bringing back undone jeans lookTaco Bell $1 lettuce-free itemFoods least likely to get you sickCelebrity News: Brad Pitt, Kim Kardashian, J.LoBen Affleck sold AI company for nearly $600 millionDwayne Johnson... king of flops?Collectors are hoping to find a 1-of-a-kind baseball cardCrumbl employee seen doing co-worker's hair in the kitchenNational Vanilla Ice Cream DayManhattan bakery selling $12 croissants... but where are they really made?Mt. Dora monkeyVideo of a "hunched-over" raccoon from SeattleSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Robotaxis are spreading across the country, but the rules for policing them are still evolving. WSJ's Ellie Davis explains how local law enforcement is handling traffic violations when there's no one behind the wheel. Plus, new AI-native startups are reshaping how companies hire and grow. WSJ reporter Lindsay Ellis explains what that could mean for the future of work. Imani Moise hosts. Have you seen an AI-generated post you thought was real? We want to hear from you! Record a voice memo and send it to tnb@wsj.com or leave us a voicemail at (212) 416-2236. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The cyclosporiasis parasite is spreading nationwide… and it's hitting Taco Bell's stock.Meet the accidental Data Center Millionaires…. Teachers and farmers are making AI millions.Bill Gates' daughter's AI fashion startup was accused of fraud… “Cookie Stuffing” is commission theft.Plus, there's a bazaar new 911 phone call happening… Passengers fall asleep in Robotaxis.$YUM $RL $META Grab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

Battle of the bad drivers!  Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.