Silver took a historic plunge on Friday, but there are signs traders should look out for that could suggest the pain isn't over. That's according to Jeffrey Christian, a longtime commodities analyst and managing director at CPM Group.The devil's metal — which has vaulted higher over the past year on a mix of economic factors and investor FOMO — just saw a brutal correction. After rallying more than 200%, silver plunged more than 30% on Friday as the US dollar strengthened and investors reacted to Trump's ...

Core Insights - China is a significant player in the automated driving industry, with major companies like Baidu, Pony.ai, and WeRide leading the development of robotaxis [5][6][7] - The article aims to provide insights into the experiences of riding robotaxis in China, highlighting the differences in service availability and operational areas compared to Western counterparts [2][4] Company Overview - Baidu Apollo, the automated driving unit of Baidu, is often compared to Alphabet's Waymo and has a dedicated app for users [6] - Pony.ai operates in both China and the United States, offering its services through the PonyPilot app [6] - WeRide focuses on robotaxis and automated shuttles, with its own app available for users [7] Market Landscape - Major Chinese cities like Beijing, Shanghai, Wuhan, Guangzhou, and Shenzhen are actively involved in robotaxi services, although these services are often limited to specific pilot zones [9][10][11] - Baidu's Apollo robotaxis are particularly prominent in Wuhan, where they provide a reliable automated vehicle service for commuters [13] Service Characteristics - Robotaxi services in China are generally confined to designated pilot zones, and users may need to travel to specific areas to access these services [10][12] - In Beijing, the Yizhuang area is a key location for automated driving activity, while Shanghai offers several areas for potential rides, albeit with significant travel required to reach them [11][12] User Experience - The apps for booking robotaxi rides can be challenging for users, often requiring a local Chinese phone number and knowledge of the Chinese language [18][22] - Users can change their destination during a ride, with varying policies across different providers, which can lead to interesting driving maneuvers in busy urban environments [26] Future Outlook - The article suggests that despite the current limitations, China's robotaxi services are advancing rapidly and are worth exploring for those interested in automated driving technology [28]

Buying a new TV shouldn't feel like work, but sorting through endless brands, confusing specs, and marketing buzzwords often does. If you're trying to figure out which models are actually worth buying, you're in the right place. I've narrowed things down to the four best TVs available right now, based on hands-on testing and more than a decade of experience reviewing home entertainment gear.For most people, the Samsung S90F hits the sweet spot. It delivers excellent performance with an OLED panel that produ ...

Stellantis has become the latest automaker to crack down on remote work. The Jeep and Ram owner has told US employees they must come into the office five days a week from March 30, according to an internal email to employees and internal guidelines seen by Business Insider.Directors and above will be required to be on-site five days a week from February 16, according to an email sent by Stellantis CFO Joao Laranjo on Friday. It states that the decision will improve customer satisfaction, "strengthen our cu ...

Flights to Venezuela are back on the cards for the first time in six years. Nearly four weeks after the US launched military strikes in the country and captured Nicolás Maduro, President Donald Trump announced plans to airlines to resume flights to the country."We're going to be opening up all commercial airspace over Venezuela," Trump said on Thursday. "American citizens will be very shortly able to go to Venezuela and they'll be safe there." Late Thursday, Transportation Secretary Sean Duffy rescinded a ...

Today's the day not to do much of anything. At least, that's what a group of ICE protesters is hoping for.Activist groups, unions, and some celebrities, including Hannah Einbinder and Pedro Pascal, are promoting a nationwide blackout. No work. No school. No shopping. It's in response to the recent fatal shootings by immigration officers in Minnesota. Of course, getting buzz on social media about a protest is one thing. Executing it is something else entirely. Minnesotans did take to the streets for a regi ...

The renowned economist Mohamed El-Erian congratulated Warsh on his nomination to lead the Fed."Having observed and interacted with Kevin during his prior tenure as Fed Governor, in academia, and as a fellow member of the Group of Thirty (G-30), I believe he brings a strong mix of deep expertise, broad experience, and sharp communication skills," El-Erian wrote in a post on X."His commitment to reforming and modernizing the Fed bodes well for enhancing policy effectiveness and protecting the institution's po ...

Core Insights - Uber has announced a partnership with Waabi, a Canadian self-driving trucking startup, to deploy 25,000 robotaxis, with a $250 million investment contingent on Waabi meeting certain milestones [1] - Waabi's leadership includes former Uber executives, highlighting a connection between the two companies [2] - Waabi is developing a generalizable AI system that can be applied across different vehicle platforms, which is crucial for scaling autonomous vehicle technology [5] Group 1: Partnership and Investment - Uber's partnership with Waabi includes a significant investment of $250 million, although specific milestones for the investment have not been disclosed [1] - The collaboration aims to leverage Waabi's expertise in autonomous trucking to support Uber's robotaxi initiative [1] Group 2: Leadership and Expertise - Raquel Urtasun, Waabi's founder, previously served as the chief scientist at Uber's self-driving division, indicating a strong background in autonomous vehicle technology [2] - Lior Ron, Waabi's COO, is also an Uber alum who previously led Uber Freight, showcasing a blend of experience in both ride-hailing and trucking sectors [2] Group 3: Technology and Development - Waabi is focused on creating a sophisticated AI "brain" that can adapt to various vehicle types without needing extensive redevelopment [5] - The company has developed a mixed reality testing simulator that allows for extensive scenario training, which is essential for preparing AI drivers for real-world challenges [6][7] - This simulation technology enables testing of numerous traffic scenarios that would be difficult or dangerous to replicate in real life, enhancing the safety and reliability of autonomous systems [6][7]

What keeps the CEO of the billion-dollar company Wix up at night? The future of the workforce. "I'm really worried about the employment market," Avishai Abrahami told Business Insider.The CEO said that a "massive amount" of roles will shrink due to AI advancement. He predicted that roughly 70% of the top 20 most popular jobs in the US today will be affected by AI over the next five to 10 years. Abrahami said he's concerned about computers outsmarting humans, a concept often referred to as artificial gener ...

Target's new CEO won't get a honeymoon period. Michael Fiddelke, the company's chief operating officer who started as a finance intern, is taking over at a moment when the retailer is under pressure on nearly every front, grappling with a weakening business, political backlash, and growing employee strain.Fiddelke, who officially takes the helm this weekend, will have to contend with 10 of the past 12 quarters having flat or declining comparable sales, as civil unrest unfolds in Minneapolis, where Target i ...