Chinese EV Ban Could Make Buying A Domestic Car More Expensive

Chinese EV Ban Could Make Buying A Domestic Car More Expensive

Good morning! It’s Monday, September 30, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Paulina Porizkova Had Two Toyota 4Runners Stolen Back-to-Back 1st Gear: Chinese Car Ban Could Cut Car Sales And … Read more

Uber spirit halloween partner up Halloween costumes

Uber spirit halloween partner up Halloween costumes

The “Jack The Reaper” logo displayed in the windows of a Spirit Halloween seasonal holiday store in the location of a closed former Bed Bath and Beyond retail store on August 26, 2024 in Los Angeles, California.  Patrick T. Fallon | Afp | Getty Images Want a Travis Kelce/Taylor Swift couples’ costume delivered to your … Read more

10 things to watch in the stock market Wednesday, including automaker downgrades

10 things to watch in the stock market Wednesday, including automaker downgrades

Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more

6 things from my San Francisco trip reveal AI stock winners

6 things from my San Francisco trip reveal AI stock winners

It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more

The long, winding road of Alphabet’s self-driving Waymo unit

The long, winding road of Alphabet’s self-driving Waymo unit

Alphabet ‘s self-driving car unit Waymo is finally shifting into high gear. After years of heavy investment and losses, Waymo ridership is picking up momentum in its existing West Coast markets, and the company just inked an expanded partnership with Uber to bring its robotaxi service to the ride-hailing giant’s app in Atlanta and Austin, … Read more

China to Mexico trade ‘back door’ booms in Trump, Biden tariff era

China to Mexico trade ‘back door’ booms in Trump, Biden tariff era

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough … Read more

Uber and Waymo partnership expanding to Austin and Atlanta

The long, winding road of Alphabet’s self-driving Waymo unit

A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber … Read more

AI craze getting funded by tech giants, distorting traditional VCs

AI craze getting funded by tech giants, distorting traditional VCs

Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in … Read more

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Wayve CEO and co-founder Alex Kendall. Wayve LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. … Read more

Stocks slide ahead of Powell’s speech

Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more