Waymo has issued a software update and recall for 3,791 of its self-driving vehicles after discovering they slow but do not stop when encountering flooded roads. The recall, announced by the National Highway Traffic Safety Administration (NHTSA), affects robotaxis using Waymo's fifth- and sixth-generation autonomous systems across about a dozen U.S. cities. This update aims to restrict vehicle access to flooded, higher-speed roads and improve safety during extreme weather. Waymo continues to develop a final fix and has paused operations in San Antonio following an incident where a robotaxi was swept away by floodwaters.
Since late 2022, Big Tech has committed around $750 billion to AI infrastructure, leading to targeted layoffs, especially in companies like Meta. Despite these job cuts, overall U.S. employment remains strong, and S&P 500 companies continue to grow d...
At its Google Marketing Live event, Google introduced six new AI-powered ad formats based on its Gemini AI model, including conversational ads, AI-enhanced shopping ads, and native checkout within AI search responses. These innovations aim to capture...
JPMorgan's Nasdaq Equity Premium Income ETF (JEPQ) provides monthly income by holding a Nasdaq-100 portfolio combined with equity-linked notes (ELNs) issued by banks like Goldman Sachs. These ELNs generate option premium income but expose investors t...
The S&P 500 companies excluding the top seven tech giants—Nvidia, Microsoft, Alphabet, Amazon, Meta, Apple, and Tesla—have experienced their fastest earnings growth in about five years. While these 'Magnificent Seven' firms led with a 63.2% earnings-...
The Fidelity Disruptive Technology ETF (FDTX) is an actively managed fund investing in about 50 companies in disruptive technology, with a strong focus on AI infrastructure and computing leaders like TSM, NVDA, MSFT, AMZN, GOOG, and META. Its concent...
